Pet Valu Holdings (TSX:PET) Operating Income: C$162 Mil (TTM As of Mar. 2026)

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TSX:PET Pet Valu Holdings Ltd TSX:PET
71 GF Score
Price C$19.31
GF Value C$31.05
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Pet Valu Holdings Operating Income?

Pet Valu Holdings TSX:PET -0.21% 71 Operating Income is C$162 Mil as of Mar. 2026. GuruFocus rates TSX:PET with a GF Score™ of 71/100 and a GF Value™ of C$31.05 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Pet Valu Holdings's Operating Income for the three months ended in Mar. 2026 was C$35 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was C$162 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Pet Valu Holdings's Operating Income for the three months ended in Mar. 2026 was C$35 Mil. Pet Valu Holdings's Revenue for the three months ended in Mar. 2026 was C$288 Mil. Therefore, Pet Valu Holdings's Operating Margin % for the quarter that ended in Mar. 2026 was 12.13%.

Warning Sign:

Pet Valu Holdings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -3.4%.

Pet Valu Holdings's 5-Year average Growth Rate for Operating Margin % was -3.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pet Valu Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was 11.35%. Pet Valu Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.64%.


Pet Valu Holdings  (TSX:PET) Operating Income Explanation

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

Pet Valu 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 )
=139.696 * ( 1 - 27.26% )/( (886.655 + 904.65)/ 2 )
=101.6148704/895.6525
=11.35 %

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))
=1037.66 - 115.284 - ( 35.721 - max(0, 198.867 - 257.575+35.721))
=886.655

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))
=1055.343 - 118.346 - ( 32.347 - max(0, 222.661 - 276.356+32.347))
=904.65

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

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

Pet Valu 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 )
=148.224/( ( (447.169 + max(55.892, 0)) + (446.221 + max(50.763, 0)) )/ 2 )
=148.224/( ( 503.061 + 496.984 )/ 2 )
=148.224/500.0225
=29.64 %

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)
=(31.633 + 131.05 + 14.95) - (115.284 + 1.481 + 4.976)
=55.892

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.424 + 142.841 + 15.174) - (118.346 + 1.487 + 23.843)
=50.763

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 %:

Pet Valu 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 )
=34.924/287.943
=12.13 %

* 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.


Pet Valu Holdings Operating Income Related Terms


Pet Valu Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for Pet Valu 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.

Pet Valu Holdings Operating Income Chart

Pet Valu Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial 129.41 160.19 160.73 155.32 164.16

Pet Valu 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 37.37 36.75 41.93 48.11 34.92
TSX:PET
71GF Score
Pet Valu Holdings Ltd TSX:PET
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Pet Valu 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 C$162 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 C$162 Mil mean?
Pet Valu Holdings (TSX:PET) has a Operating Income of C$162 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Pet Valu Holdings and its competitors.
Is Pet Valu Holdings' Operating Income too high?
Pet Valu Holdings' current Operating Income is C$162 Mil. Overall, Pet Valu Holdings has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pet Valu Holdings' Operating Income compare to CASY and WSM?
Pet Valu Holdings' Operating Income of C$162 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Operating Income depends on the Retail - Cyclical 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 Pet Valu Holdings and its competitors. Pet Valu Holdings's current Operating Income is C$162 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pet Valu Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pet Valu Holdings (TSX:PET) is currently considered Significantly Undervalued. The stock's GF Value™ is C$31.05, compared to a current price of C$19.31 — trading 37.8% below its estimated fair value. The current Operating Income is C$162 Mil. Pet Valu Holdings' overall GF Score™ is 71/100 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 Pet Valu Holdings (TSX:PET), the current Operating Income is C$162 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 Pet Valu Holdings (TSX:PET) Overvalued in 2026?

Based on GuruFocus' analysis, Pet Valu Holdings stock appears to be undervalued. The current stock price of C$19.31 is trading 37.8% below its estimated GF Value™ of C$31.05. GuruFocus considers Pet Valu Holdings to be Significantly Undervalued.

Key valuation signals for TSX:PET:

  • Operating Income: C$162 Mil
  • GF Value™: C$31.05 vs. price of C$19.31 (37.8% below fair value)
  • GF Score™: 71/100 with 4 warning signs

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


Pet Valu Holdings Business Description

Other Exchanges PTVLF:USA95T:Germany
Address 130 Royal Crest Court, Markham, ON, CAN, L3R 0A1
Pet Valu Holdings Ltd is engaged in providing pet-related products and food through its stores. Its products include Dog Food, Cat Food, Puppy Essentials, Dog Treats, Kitten Essentials, and treats among others. The services offered by the company include Dog Wash, Adoption, Grooming, and others.
71GF Score

Get the complete analysis for TSX:PET

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

C$19.31
Price
C$31.05
GF Value