UETMF (Universal Entertainment) Operating Income: $18.8 Mil (TTM As of Dec. 2025)

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UETMF Universal Entertainment Corp UETMF
51 GF Score
Price $4.17
GF Value $11.23
Valuation Possible Value Trap
! 6 Warning Signs
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What is Universal Entertainment Operating Income?

Universal Entertainment UETMF 51 Operating Income is $18.8 Mil as of Dec. 2025. GuruFocus rates UETMF with a GF Score™ of 51/100 and a GF Value™ of $11.23 (Possible Value Trap). The stock has 6 warning signs investors should review.

Universal Entertainment's Operating Income for the three months ended in Dec. 2025 was $-18.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $18.8 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Universal Entertainment's Operating Income for the three months ended in Dec. 2025 was $-18.9 Mil. Universal Entertainment's Revenue for the three months ended in Dec. 2025 was $194.0 Mil. Therefore, Universal Entertainment's Operating Margin % for the quarter that ended in Dec. 2025 was -9.74%.

Universal Entertainment'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. Universal Entertainment's annualized ROC % for the quarter that ended in Dec. 2025 was -2.50%. Universal Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -267.84%.


Universal Entertainment  (OTCPK:UETMF) Operating Income Explanation

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

Universal Entertainment's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-75.632 * ( 1 - 4.27% )/( (3739.687 + 2056.486)/ 2 )
=-72.4025136/2898.0865
=-2.50 %

where

Invested Capital(Q: Sep. 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))
=3992.712 - 67.069 - ( 185.956 - max(0, 245.559 - 544.423+185.956))
=3739.687

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))
=2396.395 - 82.583 - ( 257.326 - max(0, 267.062 - 599.141+257.326))
=2056.486

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Universal Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5810.372/( ( (2852.007 + max(124.811, 0)) + (1270.917 + max(90.999, 0)) )/ 2 )
=-5810.372/( ( 2976.818 + 1361.916 )/ 2 )
=-5810.372/2169.367
=-267.84 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29.94 + 215.605 + 112.922) - (67.069 + 0 + 166.587)
=124.811

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42.183 + 196.569 + 103.063) - (82.583 + 0 + 168.233)
=90.999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

Universal Entertainment's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-18.908/194.048
=-9.74 %

* 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.


Universal Entertainment Operating Income Related Terms


Universal Entertainment Operating Income Historical Data

* Premium members only.

The historical data trend for Universal Entertainment'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.

Universal Entertainment Operating Income Chart

Universal Entertainment Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.22 89.58 211.69 19.67 -20.70

Universal Entertainment 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 -16.86 23.26 -7.63 -18.91 22.04
UETMF
51GF Score
Universal Entertainment Corp UETMF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Universal Entertainment 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $18.8 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 $18.8 Mil mean?
Universal Entertainment (UETMF) has a Operating Income of $18.8 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Universal Entertainment and its competitors.
Is Universal Entertainment's Operating Income too high?
Universal Entertainment's current Operating Income is $18.8 Mil. Overall, Universal Entertainment has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Universal Entertainment's Operating Income compare to AS and HAS?
Universal Entertainment's Operating Income of $18.8 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Operating Income depends on the Travel & Leisure 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 Universal Entertainment and its competitors. Universal Entertainment's current Operating Income is $18.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Universal Entertainment (UETMF) is currently considered Possible Value Trap. The stock's GF Value™ is $11.23, compared to a current price of $4.17 — trading 62.9% below its estimated fair value. The current Operating Income is $18.8 Mil. Universal Entertainment's overall GF Score™ is 51/100 with 6 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 Universal Entertainment (UETMF), the current Operating Income is $18.8 Mil as of Dec. 2025. 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 Universal Entertainment (UETMF) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Entertainment stock appears to be undervalued. The current stock price of $4.17 is trading 62.9% below its estimated GF Value™ of $11.23. GuruFocus considers Universal Entertainment to be Possible Value Trap.

Key valuation signals for UETMF:

  • Operating Income: $18.8 Mil
  • GF Value™: $11.23 vs. price of $4.17 (62.9% below fair value)
  • GF Score™: 51/100 with 6 warning signs

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


Universal Entertainment Business Description

Other Exchanges 6425:JapanRUZ:Germany
Address Ariake Frontier Building A, 3-7-26 Ariake Koto-ku, Tokyo, JPN, 135-0063
Universal Entertainment Corp is a Japanese manufacturer of gaming machines. The company's primary business, which constitutes the majority of consolidated revenue, is to manufacture and sell Pachislot and Pachinko gaming machines, and related parts and peripherals. The company operates in two segments-Gaming machine business and Integrated Resort (IR) Project. Universal Entertainment also operates the Okada Manila casino resort in Manila Bay, Philippines. In addition to gaming operations, the company has businesses in media content, broadcasting, online games, and restaurants. The company derives the vast majority of income domestically.
51GF Score

Get the complete analysis for UETMF

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

$4.17
Price
$11.23
GF Value