Sfinks Polska (WAR:SFS) Operating Income: zł5.35 Mil (TTM As of Mar. 2026)


WAR:SFS Sfinks Polska SA WAR:SFS
37 GF Score
Price zł0.45
GF Value zł0.29
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Sfinks Polska Operating Income?

Sfinks Polska WAR:SFS +0.44% 37 Operating Income is zł5.35 Mil as of Mar. 2026. GuruFocus rates WAR:SFS with a GF Score™ of 37/100 and a GF Value™ of zł0.29 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Sfinks Polska's Operating Income for the three months ended in Mar. 2026 was zł0.98 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was zł5.35 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sfinks Polska's Operating Income for the three months ended in Mar. 2026 was zł0.98 Mil. Sfinks Polska's Revenue for the three months ended in Mar. 2026 was zł9.46 Mil. Therefore, Sfinks Polska's Operating Margin % for the quarter that ended in Mar. 2026 was 10.40%.

Sfinks Polska'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. Sfinks Polska's annualized ROC % for the quarter that ended in Mar. 2026 was 5.52%. Sfinks Polska's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.69%.

Sfinks Polska  (WAR:SFS) Operating Income Explanation

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

Sfinks Polska'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 )
=3.936 * ( 1 - 0% )/( (78.916 + 63.571)/ 2 )
=3.936/71.2435
=5.52 %

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))
=63.03 - 14.271 - ( 0.46 - max(0, 45.795 - 15.638+0.46))
=78.916

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))
=58.488 - 13.283 - ( 0.178 - max(0, 31.943 - 13.577+0.178))
=63.571

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

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

Sfinks Polska'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 )
=6.376/( ( (22.315 + max(-5.857, 0)) + (20.635 + max(-6.18, 0)) )/ 2 )
=6.376/( ( 22.315 + 20.635 )/ 2 )
=6.376/21.475
=29.69 %

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)
=(8.37 + 0.409 + 4.44) - (14.271 + 0 + 4.805)
=-5.857

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.421 + 0.323 + 3.771) - (13.283 + 0 + 4.412)
=-6.18

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 %:

Sfinks Polska'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 )
=0.984/9.458
=10.40 %

* 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.

Sfinks Polska Operating Income Related Terms

Sfinks Polska Operating Income Historical Data

* Premium members only.

The historical data trend for Sfinks Polska'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.

Sfinks Polska Operating Income Chart

Sfinks Polska Annual Data
Trend Nov16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.99 5.60 6.25 0.61 4.90

Sfinks Polska 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 0.54 0.90 1.99 1.47 0.98
WAR:SFS
37GF Score
Sfinks Polska SA WAR:SFS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sfinks Polska 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 zł5.35 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 zł5.35 Mil mean?
Sfinks Polska (WAR:SFS) has a Operating Income of zł5.35 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sfinks Polska and its competitors.
Is Sfinks Polska's Operating Income too high?
Sfinks Polska's current Operating Income is zł5.35 Mil. Overall, Sfinks Polska has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sfinks Polska's Operating Income compare to MCD and SBUX?
Sfinks Polska's Operating Income of zł5.35 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Operating Income depends on the Restaurants 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 Sfinks Polska and its competitors. Sfinks Polska's current Operating Income is zł5.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sfinks Polska stock overvalued right now?
Based on GuruFocus' analysis, Sfinks Polska (WAR:SFS) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.29, compared to a current price of zł0.45 — trading 56.2% above its estimated fair value. The current Operating Income is zł5.35 Mil. Sfinks Polska's overall GF Score™ is 37/100 with 9 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 Sfinks Polska (WAR:SFS), the current Operating Income is zł5.35 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 Sfinks Polska (WAR:SFS) Overvalued in 2026?

Based on GuruFocus' analysis, Sfinks Polska stock appears to be overvalued. The current stock price of zł0.45 is trading 56.2% above its estimated GF Value™ of zł0.29. GuruFocus considers Sfinks Polska to be Significantly Overvalued.

Key valuation signals for WAR:SFS:

  • Operating Income: zł5.35 Mil
  • GF Value™: zł0.29 vs. price of zł0.45 (56.2% above fair value)
  • GF Score™: 37/100 with 9 warning signs

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

Sfinks Polska Business Description

Address ul. M?odych Wilcz?t 36, Zalesie Górne, Warsaw, POL, 05540
Sfinks Polska SA is engaged in the business of restaurants in Poland. It is also engaged in the casual drinking sector. The company brands include Sphinx; Chlopskie Jadlo; and WOOK.
37GF Score

Get the complete analysis for WAR:SFS

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

zł0.45
Price
zł0.29
GF Value