C. E. Management Integrated Laboratory Co (TSE:6171) Operating Income: 円735 Mil (TTM As of Jun. 2026)

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TSE:6171 C. E. Management Integrated Laboratory Co Ltd TSE:6171
65 GF Score
Price 円372.00
GF Value 円368.32
Valuation Fairly Valued
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What is C. E. Management Integrated Laboratory Co Operating Income?

C. E. Management Integrated Laboratory Co TSE:6171 65 Operating Income is 円735 Mil as of Jun. 2026. GuruFocus rates TSE:6171 with a GF Score™ of 65/100 and a GF Value™ of 円368.32 (Fairly Valued).

C. E. Management Integrated Laboratory Co's Operating Income for the three months ended in Jun. 2026 was 円14 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was 円735 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. C. E. Management Integrated Laboratory Co's Operating Income for the three months ended in Jun. 2026 was 円14 Mil. C. E. Management Integrated Laboratory Co's Revenue for the three months ended in Jun. 2026 was 円1,704 Mil. Therefore, C. E. Management Integrated Laboratory Co's Operating Margin % for the quarter that ended in Jun. 2026 was 0.85%.

Good Sign:

C. E. Management Integrated Laboratory Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

C. E. Management Integrated Laboratory Co's 5-Year average Growth Rate for Operating Margin % was 6.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. C. E. Management Integrated Laboratory Co's annualized ROC % for the quarter that ended in Jun. 2026 was 1.42%. C. E. Management Integrated Laboratory Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -5.32%.


C. E. Management Integrated Laboratory Co  (TSE:6171) Operating Income Explanation

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

C. E. Management Integrated Laboratory Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=57.86 * ( 1 - 0% )/( (4340.628 + 3820.599)/ 2 )
=57.86/4080.6135
=1.42 %

where

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))
=7322.991 - 633.245 - ( 2349.118 - max(0, 1312.695 - 4303.07+2349.118))
=4340.628

Invested Capital(Q: Jun. 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))
=7293.914 - 619.41 - ( 2853.905 - max(0, 1340.883 - 4339.976+2853.905))
=3820.599

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

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

C. E. Management Integrated Laboratory Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-159.46/( ( (2386.809 + max(894.923, 0)) + (2313.686 + max(403.035, 0)) )/ 2 )
=-159.46/( ( 3281.732 + 2716.721 )/ 2 )
=-159.46/2999.2265
=-5.32 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1556.129 + 302.191 + 95.632) - (633.245 + 0 + 425.784)
=894.923

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1065.588 + 335.722 + 84.761) - (619.41 + 0 + 463.626)
=403.035

When net working capital is negative, 0 is used.

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

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

C. E. Management Integrated Laboratory Co's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=14.465/1703.956
=0.85 %

* 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.


C. E. Management Integrated Laboratory Co Operating Income Related Terms


C. E. Management Integrated Laboratory Co Operating Income Historical Data

* Premium members only.

The historical data trend for C. E. Management Integrated Laboratory Co'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.

C. E. Management Integrated Laboratory Co Operating Income Chart

C. E. Management Integrated Laboratory Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 483.95 531.78 473.98 581.08 670.18

C. E. Management Integrated Laboratory Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 67.77 89.89 340.55 289.94 14.47
TSE:6171
65GF Score
C. E. Management Integrated Laboratory Co Ltd TSE:6171
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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C. E. Management Integrated Laboratory Co 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円735 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735 Mil mean?
C. E. Management Integrated Laboratory Co (TSE:6171) has a Operating Income of 円735 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on C. E. Management Integrated Laboratory Co and its competitors.
Is C. E. Management Integrated Laboratory Co's Operating Income too high?
C. E. Management Integrated Laboratory Co's current Operating Income is 円735 Mil. Overall, C. E. Management Integrated Laboratory Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does C. E. Management Integrated Laboratory Co's Operating Income compare to PWR and FIX?
C. E. Management Integrated Laboratory Co's Operating Income of 円735 Mil can be compared against companies in the Construction 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 Construction company?
A good Operating Income depends on the Construction 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 C. E. Management Integrated Laboratory Co and its competitors. C. E. Management Integrated Laboratory Co's current Operating Income is 円735 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C. E. Management Integrated Laboratory Co stock overvalued right now?
Based on GuruFocus' analysis, C. E. Management Integrated Laboratory Co (TSE:6171) is currently considered Fairly Valued. The stock's GF Value™ is 円368.32, compared to a current price of 円372.00 — trading 1% above its estimated fair value. The current Operating Income is 円735 Mil. C. E. Management Integrated Laboratory Co's overall GF Score™ is 65/100. 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 C. E. Management Integrated Laboratory Co (TSE:6171), the current Operating Income is 円735 Mil as of Jun. 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 C. E. Management Integrated Laboratory Co (TSE:6171) Overvalued in 2026?

Based on GuruFocus' analysis, C. E. Management Integrated Laboratory Co stock appears to be overvalued. The current stock price of 円372.00 is trading 1% above its estimated GF Value™ of 円368.32. GuruFocus considers C. E. Management Integrated Laboratory Co to be Fairly Valued.

Key valuation signals for TSE:6171:

  • Operating Income: 円735 Mil
  • GF Value™: 円368.32 vs. price of 円372.00 (1% above fair value)
  • GF Score™: 65/100

No single metric tells the full story. See the TSE:6171 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


C. E. Management Integrated Laboratory Co Business Description

Address 877-1, Shinonoi Gobegawa, Nagano, JPN, 388?8006
C. E. Management Integrated Laboratory Co Ltd is engaged in civil engineering and construction work. It also provides ground survey, geological survey, environmental research, disaster prevention system, and informatization construction. The company has three business segments. The Comprehensive Test Service segment is engaged in the provision of soil and geological survey tests, non-destructive survey tests, and environmental survey test services that are necessary for civil engineering construction works. The Ground Reinforcement Service segment is engaged in ground reinforcement work. The Software Development and Sales segment is engaged in the development and sale of software.
65GF Score

Get the complete analysis for TSE:6171

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

円372.00
Price
円368.32
GF Value