Asbisc Enterprises (WAR:ASB) Operating Income: zł565 Mil (TTM As of Mar. 2026)


WAR:ASB Asbisc Enterprises PLC WAR:ASB
72 GF Score
Price zł114.10
GF Value zł36.30
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Asbisc Enterprises Operating Income?

Asbisc Enterprises WAR:ASB -0.78% 72 Operating Income is zł565 Mil as of Mar. 2026. GuruFocus rates WAR:ASB with a GF Score™ of 72/100 and a GF Value™ of zł36.30 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Asbisc Enterprises's Operating Income for the three months ended in Mar. 2026 was zł207 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was zł565 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Asbisc Enterprises's Operating Income for the three months ended in Mar. 2026 was zł207 Mil. Asbisc Enterprises's Revenue for the three months ended in Mar. 2026 was zł4,808 Mil. Therefore, Asbisc Enterprises's Operating Margin % for the quarter that ended in Mar. 2026 was 4.30%.

Good Sign:

Asbisc Enterprises PLC operating margin is expanding. Margin expansion is usually a good sign.

Asbisc Enterprises's 5-Year average Growth Rate for Operating Margin % was 0.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Asbisc Enterprises's annualized ROC % for the quarter that ended in Mar. 2026 was 32.82%. Asbisc Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 57.35%.


Asbisc Enterprises  (WAR:ASB) Operating Income Explanation

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

Asbisc Enterprises'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 )
=826.488 * ( 1 - 20.32% )/( (1785.17 + 2228.052)/ 2 )
=658.5456384/2006.611
=32.82 %

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))
=5684.347 - 2923.068 - ( 976.362 - max(0, 4226.326 - 5202.435+976.362))
=1785.17

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))
=5348.507 - 2488.767 - ( 631.688 - max(0, 3750.459 - 4786.2+631.688))
=2228.052

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

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

Asbisc Enterprises'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 )
=793.576/( ( (404.876 + max(794.104, 0)) + (437.25 + max(1131.31, 0)) )/ 2 )
=793.576/( ( 1198.98 + 1568.56 )/ 2 )
=793.576/1383.77
=57.35 %

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)
=(1971.103 + 2066.123 + 55.695) - (2923.068 + 0 + 375.749)
=794.104

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1916.306 + 2008.347 + 176.639) - (2488.767 + 0 + 481.215)
=1131.31

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 %:

Asbisc Enterprises'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 )
=206.622/4807.724
=4.30 %

* 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.


Asbisc Enterprises Operating Income Related Terms


Asbisc Enterprises Operating Income Historical Data

* Premium members only.

The historical data trend for Asbisc Enterprises'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.

Asbisc Enterprises Operating Income Chart

Asbisc Enterprises 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 431.11 420.67 426.35 357.44 420.64

Asbisc Enterprises 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 62.03 89.16 88.38 181.08 206.62
WAR:ASB
72GF Score
Asbisc Enterprises PLC WAR:ASB
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Asbisc Enterprises 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 zł565 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 zł565 Mil mean?
Asbisc Enterprises (WAR:ASB) has a Operating Income of zł565 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Asbisc Enterprises and its competitors.
Is Asbisc Enterprises' Operating Income too high?
Asbisc Enterprises' current Operating Income is zł565 Mil. Overall, Asbisc Enterprises has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asbisc Enterprises' Operating Income compare to SNX and ARW?
Asbisc Enterprises' Operating Income of zł565 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 Asbisc Enterprises and its competitors. Asbisc Enterprises's current Operating Income is zł565 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asbisc Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Asbisc Enterprises (WAR:ASB) is currently considered Significantly Overvalued. The stock's GF Value™ is zł36.30, compared to a current price of zł114.10 — trading 214.3% above its estimated fair value. The current Operating Income is zł565 Mil. Asbisc Enterprises' overall GF Score™ is 72/100 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 Asbisc Enterprises (WAR:ASB), the current Operating Income is zł565 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 Asbisc Enterprises (WAR:ASB) Overvalued in 2026?

Based on GuruFocus' analysis, Asbisc Enterprises stock appears to be overvalued. The current stock price of zł114.10 is trading 214.3% above its estimated GF Value™ of zł36.30. GuruFocus considers Asbisc Enterprises to be Significantly Overvalued.

Key valuation signals for WAR:ASB:

  • Operating Income: zł565 Mil
  • GF Value™: zł36.30 vs. price of zł114.10 (214.3% above fair value)
  • GF Score™: 72/100 with 6 warning signs

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


Asbisc Enterprises Business Description

Other Exchanges 0QGZ:UKJ1L:Germany
Address 1, Iapetou Street, Agios Athanasios, Limassol, CYP, 4101
Asbisc Enterprises PLC is engaged in the trading and distribution of computer hardware and software. It distributes IT components (to assemblers, system integrators, local brands, and retail) as well as A-branded finished products like smartphones, desktop PCs, laptops, servers, and networking to SMB and retail. The Group purchases the majority of its products from international brands, including Apple, Logitech, Intel, Seagate, etc. Additionally, a certain part of its revenue is generated from the sale of IT products under its private labels: AENO, Canyon, Prestigio Solutions, and LORGAR. The Group operates in four principal geographical areas: the Former Soviet Union (its key revenue-generating market), Central Eastern Europe, Western Europe, and the Middle East and Africa.
72GF Score

Get the complete analysis for WAR:ASB

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

zł114.10
Price
zł36.30
GF Value