QPS Holdings (TSE:464A) Operating Income: 円207 Mil (TTM As of Feb. 2026)

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TSE:464A QPS Holdings Inc TSE:464A
33 GF Score
Price 円1,815.00
GF Value 円2,181.33
Valuation Modestly Undervalued
! 4 Warning Signs
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What is QPS Holdings Operating Income?

QPS Holdings TSE:464A +2.02% 33 Operating Income is 円207 Mil as of Feb. 2026. GuruFocus rates TSE:464A with a GF Score™ of 33/100 and a GF Value™ of 円2,181.33 (Modestly Undervalued). The stock has 4 warning signs investors should review.

QPS Holdings's Operating Income for the three months ended in Feb. 2026 was 円0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was 円207 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. QPS Holdings's Operating Income for the three months ended in Feb. 2026 was 円0 Mil. QPS Holdings's Revenue for the three months ended in Feb. 2026 was 円0 Mil. Therefore, QPS Holdings's Operating Margin % for the quarter that ended in Feb. 2026 was %.

QPS Holdings's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. QPS Holdings's annualized ROC % for the quarter that ended in Feb. 2026 was 0.00%. QPS Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 0.00%.


QPS Holdings  (TSE:464A) Operating Income Explanation

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

QPS Holdings's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=0 * ( 1 - 0% )/( (13457 + 17908)/ 2 )
=0/15682.5
=0.00 %

where

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

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

QPS Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (11677 + max(-1684, 0)) + (15872 + max(-1331, 0)) )/ 2 )
=0/( ( 11677 + 15872 )/ 2 )
=0/13774.5
=0.00 %

where Working Capital is:

Working Capital(Q: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(224 + 0 + 511) - (779 + 0 + 1640)
=-1684

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(884 + 0 + 734) - (1106 + 0 + 1843)
=-1331

When net working capital is negative, 0 is used.

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

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

QPS Holdings's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=0/0
= %

* 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.


QPS Holdings Operating Income Related Terms


QPS Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for QPS Holdings'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.

QPS Holdings Operating Income Chart

QPS Holdings Annual Data
Trend May22 May23 May24 May25 May26
Operating Income
-382.47 -314.72 341.00 85.00 -833.00

QPS Holdings Quarterly Data
May22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Feb26 May26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -29.25 107.39 -410.00 0.00 617.00
TSE:464A
33GF Score
QPS Holdings Inc TSE:464A
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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QPS Holdings 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円207 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207 Mil mean?
QPS Holdings (TSE:464A) has a Operating Income of 円207 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on QPS Holdings and its competitors.
Is QPS Holdings' Operating Income too high?
QPS Holdings' current Operating Income is 円207 Mil. Overall, QPS Holdings has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does QPS Holdings' Operating Income compare to SPCX and GE?
QPS Holdings' Operating Income of 円207 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Operating Income depends on the Aerospace & Defense 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 QPS Holdings and its competitors. QPS Holdings's current Operating Income is 円207 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QPS Holdings stock overvalued right now?
Based on GuruFocus' analysis, QPS Holdings (TSE:464A) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,181.33, compared to a current price of 円1,815.00 — trading 16.8% below its estimated fair value. The current Operating Income is 円207 Mil. QPS Holdings' overall GF Score™ is 33/100 with 4 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 QPS Holdings (TSE:464A), the current Operating Income is 円207 Mil as of Feb. 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 QPS Holdings (TSE:464A) Overvalued in 2026?

Based on GuruFocus' analysis, QPS Holdings stock appears to be undervalued. The current stock price of 円1,815.00 is trading 16.8% below its estimated GF Value™ of 円2,181.33. GuruFocus considers QPS Holdings to be Modestly Undervalued.

Key valuation signals for TSE:464A:

  • Operating Income: 円207 Mil
  • GF Value™: 円2,181.33 vs. price of 円1,815.00 (16.8% below fair value)
  • GF Score™: 33/100 with 4 warning signs

No single metric tells the full story. See the TSE:464A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


QPS Holdings Business Description

Address 1-15-35 Tenjin, 6th Floor Rengo Fukuoka Tenjin Building, Chuo-ku, Fukuoka-shi, Fukuoka, JPN, 810-0001
QPS Holdings Inc, formerly known as QPS Research Institute Co Ltd is engaged in the Development, manufacture, operation, Acquisition and sale of SAR image data from small SAR satellites.
33GF Score

Get the complete analysis for TSE:464A

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

円1,815.00
Price
円2,181.33
GF Value