Polaris IT Group (WAR:PIT) Operating Income: zł-0.30 Mil (TTM As of Dec. 2025)

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WAR:PIT Polaris IT Group SA WAR:PIT
32 GF Score
Price zł0.24
GF Value zł0.03
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Polaris IT Group Operating Income?

Polaris IT Group WAR:PIT +1.72% 32 Operating Income is zł-0.30 Mil as of Dec. 2025. GuruFocus rates WAR:PIT with a GF Score™ of 32/100 and a GF Value™ of zł0.03 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Polaris IT Group's Operating Income for the three months ended in Dec. 2025 was zł-0.30 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was zł-0.30 Mil.

Warning Sign:

Polaris IT Group SA has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. Polaris IT Group's Operating Income for the three months ended in Dec. 2025 was zł-0.30 Mil. Polaris IT Group's Revenue for the three months ended in Dec. 2025 was zł0.00 Mil. Therefore, Polaris IT Group's Operating Margin % for the quarter that ended in Dec. 2025 was %.

Polaris IT Group'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. Polaris IT Group's annualized ROC % for the quarter that ended in Dec. 2025 was -2.28%. Polaris IT Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -14.56%.


Polaris IT Group  (WAR:PIT) Operating Income Explanation

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

Polaris IT Group'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: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-1.184 * ( 1 - 0% )/( (103.749 + 0.107)/ 2 )
=-1.184/51.928
=-2.28 %

where

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

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

Polaris IT Group'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: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.184/( ( (16.266 + max(-4.469, 0)) + (0 + max(-0.089, 0)) )/ 2 )
=-1.184/( ( 16.266 + 0 )/ 2 )
=-1.184/8.133
=-14.56 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.203 + 13.43 + 3.5527136788005E-15) - (0 + 0 + 32.102)
=-4.469

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.018 + 0 + 0) - (0 + 0 + 0.107)
=-0.089

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 %:

Polaris IT Group'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 )
=-0.296/0
= %

* 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.


Polaris IT Group Operating Income Related Terms


Polaris IT Group Operating Income Historical Data

* Premium members only.

The historical data trend for Polaris IT Group'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.

Polaris IT Group Operating Income Chart

Polaris IT Group 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 9.93 2.81 2.33 -4.02 -0.44

Polaris IT Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Dec25
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 0.43 0.12 0.63 -3.87 -0.30
WAR:PIT
32GF Score
Polaris IT Group SA WAR:PIT
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polaris IT Group 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 zł-0.30 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 zł-0.30 Mil mean?
Polaris IT Group (WAR:PIT) has a Operating Income of zł-0.30 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Polaris IT Group and its competitors.
Is Polaris IT Group's Operating Income too high?
Polaris IT Group's current Operating Income is zł-0.30 Mil. Overall, Polaris IT Group has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polaris IT Group's Operating Income compare to TPR and SIG?
Polaris IT Group's Operating Income of zł-0.30 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 Polaris IT Group and its competitors. Polaris IT Group's current Operating Income is zł-0.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris IT Group stock overvalued right now?
Based on GuruFocus' analysis, Polaris IT Group (WAR:PIT) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.03, compared to a current price of zł0.24 — trading 686.7% above its estimated fair value. The current Operating Income is zł-0.30 Mil. Polaris IT Group's overall GF Score™ is 32/100 with 7 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 Polaris IT Group (WAR:PIT), the current Operating Income is zł-0.30 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 Polaris IT Group (WAR:PIT) Overvalued in 2026?

Based on GuruFocus' analysis, Polaris IT Group stock appears to be overvalued. The current stock price of zł0.24 is trading 686.7% above its estimated GF Value™ of zł0.03. GuruFocus considers Polaris IT Group to be Significantly Overvalued.

Key valuation signals for WAR:PIT:

  • Operating Income: zł-0.30 Mil
  • GF Value™: zł0.03 vs. price of zł0.24 (686.7% above fair value)
  • GF Score™: 32/100 with 7 warning signs

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


Polaris IT Group Business Description

Address ul. Swieradowska 47, Warsaw, POL, 02-662
Polaris IT Group SA, formerly Ark Royal SA is engaged in the field of export of goods and services. The company intends to be an information technology company providing solutions based on artificial intelligence and complex hardware and software solutions.
32GF Score

Get the complete analysis for WAR:PIT

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

zł0.24
Price
zł0.03
GF Value