Santec Holdings (TSE:6777) Operating Income: 円10,326 Mil (TTM As of Mar. 2026)

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TSE:6777 Santec Holdings Corp TSE:6777
87 GF Score
Price 円19,550.00
GF Value 円9,362.19
Valuation Significantly Overvalued
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What is Santec Holdings Operating Income?

Santec Holdings TSE:6777 -8.86% 87 Operating Income is 円10,326 Mil as of Mar. 2026. GuruFocus rates TSE:6777 with a GF Score™ of 87/100 and a GF Value™ of 円9,362.19 (Significantly Overvalued).

Santec Holdings's Operating Income for the three months ended in Mar. 2026 was 円3,489 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円10,326 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Santec Holdings's Operating Income for the three months ended in Mar. 2026 was 円3,489 Mil. Santec Holdings's Revenue for the three months ended in Mar. 2026 was 円10,259 Mil. Therefore, Santec Holdings's Operating Margin % for the quarter that ended in Mar. 2026 was 34.01%.

Good Sign:

Santec Holdings Corp operating margin is expanding. Margin expansion is usually a good sign.

Santec Holdings's 5-Year average Growth Rate for Operating Margin % was 13.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Santec Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was 52.56%. Santec Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 137.17%.


Santec Holdings  (TSE:6777) Operating Income Explanation

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

Santec Holdings'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 )
=13957.392 * ( 1 - 26.75% )/( (19250.923 + 19653.978)/ 2 )
=10223.78964/19452.4505
=52.56 %

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))
=35591.701 - 2632.414 - ( 13708.364 - max(0, 7584.199 - 24526.551+13708.364))
=19250.923

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))
=39117.408 - 3144.735 - ( 16318.695 - max(0, 8258.467 - 27941.873+16318.695))
=19653.978

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

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

Santec Holdings'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 )
=14031.016/( ( (6180.089 + max(3871.488, 0)) + (6403.924 + max(4002.211, 0)) )/ 2 )
=14031.016/( ( 10051.577 + 10406.135 )/ 2 )
=14031.016/10228.856
=137.17 %

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)
=(5273.591 + 4320.108 + 1224.488) - (2632.414 + 0 + 4314.285)
=3871.488

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6365.036 + 3954.484 + 1303.658) - (3144.735 + 0 + 4476.232)
=4002.211

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 %:

Santec Holdings'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 )
=3489.348/10259.036
=34.01 %

* 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.


Santec Holdings Operating Income Related Terms


Santec Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for Santec 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.

Santec Holdings Operating Income Chart

Santec Holdings 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 1,625.88 3,982.80 5,564.17 7,429.09 10,325.95

Santec Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 2,005.92 2,077.89 2,041.99 2,716.72 3,489.35
TSE:6777
87GF Score
Santec Holdings Corp TSE:6777
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Santec 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円10,326 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10,326 Mil mean?
Santec Holdings (TSE:6777) has a Operating Income of 円10,326 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Santec Holdings and its competitors.
Is Santec Holdings' Operating Income too high?
Santec Holdings' current Operating Income is 円10,326 Mil. Overall, Santec Holdings has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Santec Holdings' Operating Income compare to COHR and KEYS?
Santec Holdings' Operating Income of 円10,326 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Operating Income depends on the Hardware 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 Santec Holdings and its competitors. Santec Holdings's current Operating Income is 円10,326 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Santec Holdings stock overvalued right now?
Based on GuruFocus' analysis, Santec Holdings (TSE:6777) is currently considered Significantly Overvalued. The stock's GF Value™ is 円9,362.19, compared to a current price of 円19,550.00 — trading 108.8% above its estimated fair value. The current Operating Income is 円10,326 Mil. Santec Holdings' overall GF Score™ is 87/100. 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 Santec Holdings (TSE:6777), the current Operating Income is 円10,326 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 Santec Holdings (TSE:6777) Overvalued in 2026?

Based on GuruFocus' analysis, Santec Holdings stock appears to be overvalued. The current stock price of 円19,550.00 is trading 108.8% above its estimated GF Value™ of 円9,362.19. GuruFocus considers Santec Holdings to be Significantly Overvalued.

Key valuation signals for TSE:6777:

  • Operating Income: 円10,326 Mil
  • GF Value™: 円9,362.19 vs. price of 円19,550.00 (108.8% above fair value)
  • GF Score™: 87/100

No single metric tells the full story. See the TSE:6777 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Santec Holdings Business Description

Other Exchanges 8AU:Germany
Address Photonics Valley Ohkusa Campus, 5823 Ohkusa-Nenjyozaka, Aichi, Komaki, JPN, 485-0802
Santec Holdings Corp develops, manufactures and sells optical parts and optical measuring instruments. It operates in three segments namely the optical parts segment, the optical measuring instruments segment & the system solution segments. The company's product has application in White Papers, Optical Communication, Medical Imaging, Opto-electronics, Optical Instruments and AV Cable.
87GF Score

Get the complete analysis for TSE:6777

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

円19,550.00
Price
円9,362.19
GF Value