Agratio urban design (TSE:3467) Operating Income: 円3,281 Mil (TTM As of Mar. 2026)

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TSE:3467 Agratio urban design Inc TSE:3467
74 GF Score
Price 円2,864.00
GF Value 円2,402.89
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Agratio urban design Operating Income?

Agratio urban design TSE:3467 +0.60% 74 Operating Income is 円3,281 Mil as of Mar. 2026. GuruFocus rates TSE:3467 with a GF Score™ of 74/100 and a GF Value™ of 円2,402.89 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Agratio urban design's Operating Income for the three months ended in Mar. 2026 was 円1,364 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円3,281 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Agratio urban design's Operating Income for the three months ended in Mar. 2026 was 円1,364 Mil. Agratio urban design's Revenue for the three months ended in Mar. 2026 was 円13,841 Mil. Therefore, Agratio urban design's Operating Margin % for the quarter that ended in Mar. 2026 was 9.85%.

Good Sign:

Agratio urban design Inc operating margin is expanding. Margin expansion is usually a good sign.

Agratio urban design's 5-Year average Growth Rate for Operating Margin % was 2.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Agratio urban design's annualized ROC % for the quarter that ended in Mar. 2026 was 13.43%. Agratio urban design's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.85%.


Agratio urban design  (TSE:3467) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Agratio urban design's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=5455.86 * ( 1 - 28.67% )/( (30677.318 + 27271.034)/ 2 )
=3891.664938/28974.176
=13.43 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=38450.407 - 2442.509 - ( 5330.58 - max(0, 22586.523 - 37758.902+5330.58))
=30677.318

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=38583.056 - 3443.28 - ( 7868.742 - max(0, 21781.281 - 37824.136+7868.742))
=27271.034

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Agratio urban design's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5252.92/( ( (121.848 + max(29448.616, 0)) + (136.769 + max(26030.629, 0)) )/ 2 )
=5252.92/( ( 29570.464 + 26167.398 )/ 2 )
=5252.92/27868.931
=18.85 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.303 + 31766.428 + 651.591) - (2442.509 + 0 + 537.197)
=29448.616

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40.656 + 29298.29 + 616.448) - (3443.28 + 0 + 481.485)
=26030.629

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Agratio urban design's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1363.965/13840.867
=9.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Agratio urban design Operating Income Related Terms


Agratio urban design Operating Income Historical Data

* Premium members only.

The historical data trend for Agratio urban design's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Agratio urban design Operating Income Chart

Agratio urban design Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,252.12 2,064.39 1,610.75 2,548.77 3,280.97

Agratio urban design Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 507.59 970.50 438.93 1,363.97
TSE:3467
74GF Score
Agratio urban design Inc TSE:3467
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Agratio urban design Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円3,281 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of 円3,281 Mil mean?
Agratio urban design (TSE:3467) has a Operating Income of 円3,281 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Agratio urban design and its competitors.
Is Agratio urban design's Operating Income too high?
Agratio urban design's current Operating Income is 円3,281 Mil. Overall, Agratio urban design has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Agratio urban design's Operating Income compare to CBRE and BEKE?
Agratio urban design's Operating Income of 円3,281 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Real Estate company?
A good Operating Income depends on the Real Estate industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Agratio urban design and its competitors. Agratio urban design's current Operating Income is 円3,281 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agratio urban design stock overvalued right now?
Based on GuruFocus' analysis, Agratio urban design (TSE:3467) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,402.89, compared to a current price of 円2,864.00 — trading 19.2% above its estimated fair value. The current Operating Income is 円3,281 Mil. Agratio urban design's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Agratio urban design (TSE:3467), the current Operating Income is 円3,281 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Agratio urban design (TSE:3467) Overvalued in 2026?

Based on GuruFocus' analysis, Agratio urban design stock appears to be overvalued. The current stock price of 円2,864.00 is trading 19.2% above its estimated GF Value™ of 円2,402.89. GuruFocus considers Agratio urban design to be Modestly Overvalued.

Key valuation signals for TSE:3467:

  • Operating Income: 円3,281 Mil
  • GF Value™: 円2,402.89 vs. price of 円2,864.00 (19.2% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the TSE:3467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Agratio urban design Business Description

Address 2-6-1 Nishi-Shinjuku, 31st Floor Shinjuku Sumitomo Building, Tokyo, JPN, 180-0004
Agratio urban design Inc is a Japanese firm. It is engaged in designing, constructing, and sale of newly built single-family residences, and consulting services related to condominiums. The company's segment includes Housing Business, Asset Solutions Business, and accommodation business. The company generates the majority of its revenue from the Housing business. The Housing business is mainly involved in the construction and sale of detached houses, the associated after-sales maintenance, and the sale of land for detached houses.
74GF Score

Get the complete analysis for TSE:3467

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,864.00
Price
円2,402.89
GF Value