CTI Engineering Co (TSE:9621) Operating Income: 円6,689 Mil (TTM As of Jun. 2026)

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TSE:9621 CTI Engineering Co Ltd TSE:9621
91 GF Score
Price 円3,150.00
GF Value 円2,731.60
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is CTI Engineering Co Operating Income?

CTI Engineering Co TSE:9621 -1.41% 91 Operating Income is 円6,689 Mil as of Jun. 2026. GuruFocus rates TSE:9621 with a GF Score™ of 91/100 and a GF Value™ of 円2,731.60 (Modestly Overvalued). The stock has 5 warning signs investors should review.

CTI Engineering Co's Operating Income for the three months ended in Jun. 2026 was 円0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was 円6,689 Mil.

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

Good Sign:

CTI Engineering Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

CTI Engineering Co'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. CTI Engineering Co's annualized ROC % for the quarter that ended in Jun. 2026 was 0.00%. CTI Engineering Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 0.00%.


CTI Engineering Co  (TSE:9621) Operating Income Explanation

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

CTI Engineering 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 )
=0 * ( 1 - 0% )/( (83162 + 62227)/ 2 )
=0/72694.5
=0.00 %

where

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

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

CTI Engineering 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 )
=0/( ( (13919 + max(32036, 0)) + (13749 + max(10083, 0)) )/ 2 )
=0/( ( 45955 + 23832 )/ 2 )
=0/34893.5
=0.00 %

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)
=(54674 + 163 + 1734) - (7521 + 0 + 17014)
=32036

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31393 + 246 + 1236) - (4570 + 0 + 18222)
=10083

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 %:

CTI Engineering 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 )
=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.


CTI Engineering Co Operating Income Related Terms


CTI Engineering Co Operating Income Historical Data

* Premium members only.

The historical data trend for CTI Engineering 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.

CTI Engineering Co Operating Income Chart

CTI Engineering 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 6,991.00 8,018.00 10,011.00 9,397.00 9,136.00

CTI Engineering Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 5,860.00 117.00 0.00 6,572.00 0.00
TSE:9621
91GF Score
CTI Engineering Co Ltd TSE:9621
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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CTI Engineering 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6,689 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6,689 Mil mean?
CTI Engineering Co (TSE:9621) has a Operating Income of 円6,689 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on CTI Engineering Co and its competitors.
Is CTI Engineering Co's Operating Income too high?
CTI Engineering Co's current Operating Income is 円6,689 Mil. Overall, CTI Engineering Co has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CTI Engineering Co's Operating Income compare to PWR and FIX?
CTI Engineering Co's Operating Income of 円6,689 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 CTI Engineering Co and its competitors. CTI Engineering Co's current Operating Income is 円6,689 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTI Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, CTI Engineering Co (TSE:9621) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,731.60, compared to a current price of 円3,150.00 — trading 15.3% above its estimated fair value. The current Operating Income is 円6,689 Mil. CTI Engineering Co's overall GF Score™ is 91/100 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 CTI Engineering Co (TSE:9621), the current Operating Income is 円6,689 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 CTI Engineering Co (TSE:9621) Overvalued in 2026?

Based on GuruFocus' analysis, CTI Engineering Co stock appears to be overvalued. The current stock price of 円3,150.00 is trading 15.3% above its estimated GF Value™ of 円2,731.60. GuruFocus considers CTI Engineering Co to be Modestly Overvalued.

Key valuation signals for TSE:9621:

  • Operating Income: 円6,689 Mil
  • GF Value™: 円2,731.60 vs. price of 円3,150.00 (15.3% above fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the TSE:9621 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CTI Engineering Co Business Description

Address 21-1 Nihonbashi-Hamacho 3-chome, Nihonbashi Hamacho F Tower, Chuo-ku, Tokyo, JPN, 103-8430
CTI Engineering Co Ltd is a Japan-based company engaged in providing professional consulting services related to civil engineering and construction works, including planning, research, design, and supervision. Along with its subsidiaries, the company operates in the following reportable segments: the Domestic construction consulting business, which derives maximum revenue, and the Overseas construction consulting business.
91GF Score

Get the complete analysis for TSE:9621

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

円3,150.00
Price
円2,731.60
GF Value