Salada Foods Jamaica (XJAM:SALF) Operating Income: JMD218 Mil (TTM As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XJAM:SALF Salada Foods Jamaica Ltd XJAM:SALF
91 GF Score
Price JMD2.60
GF Value JMD3.82
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Salada Foods Jamaica Operating Income?

Salada Foods Jamaica XJAM:SALF +0.78% 91 Operating Income is JMD218 Mil as of Sep. 2025. GuruFocus rates XJAM:SALF with a GF Score™ of 91/100 and a GF Value™ of JMD3.82 (Possible Value Trap). The stock has 3 warning signs investors should review.

Salada Foods Jamaica's Operating Income for the three months ended in Sep. 2025 was JMD76 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was JMD218 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Salada Foods Jamaica's Operating Income for the three months ended in Sep. 2025 was JMD76 Mil. Salada Foods Jamaica's Revenue for the three months ended in Sep. 2025 was JMD450 Mil. Therefore, Salada Foods Jamaica's Operating Margin % for the quarter that ended in Sep. 2025 was 16.91%.

Good Sign:

Salada Foods Jamaica Ltd operating margin is expanding. Margin expansion is usually a good sign.

Salada Foods Jamaica's 5-Year average Growth Rate for Operating Margin % was 1.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Salada Foods Jamaica's annualized ROC % for the quarter that ended in Sep. 2025 was 24.05%. Salada Foods Jamaica's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 56.80%.


Salada Foods Jamaica  (XJAM:SALF) Operating Income Explanation

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

Salada Foods Jamaica's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=304.632 * ( 1 - 31.49% )/( (816.509 + 918.918)/ 2 )
=208.7033832/867.7135
=24.05 %

where

Invested Capital(Q: Jun. 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))
=1449.717 - 253.084 - ( 380.124 - max(0, 267.75 - 1246.405+380.124))
=816.509

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))
=1599.175 - 138.039 - ( 542.218 - max(0, 369.124 - 1355.91+542.218))
=918.918

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

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

Salada Foods Jamaica's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=382.736/( ( (115.752 + max(613.197, 0)) + (165.853 + max(452.841, 0)) )/ 2 )
=382.736/( ( 728.949 + 618.694 )/ 2 )
=382.736/673.8215
=56.80 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(338.476 + 527.805 + 0) - (253.084 + 0 + 0)
=613.197

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(223.434 + 552.454 + 30.927) - (138.039 + 0 + 215.935)
=452.841

When net working capital is negative, 0 is used.

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

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

Salada Foods Jamaica's Operating Margin % for the quarter that ended in Sep. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=76.158/450.318
=16.91 %

* 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.


Salada Foods Jamaica Operating Income Related Terms


Salada Foods Jamaica Operating Income Historical Data

* Premium members only.

The historical data trend for Salada Foods Jamaica'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.

Salada Foods Jamaica Operating Income Chart

Salada Foods Jamaica Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 182.94 227.88 211.29 226.11 218.49

Salada Foods Jamaica Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 25.77 63.74 43.45 35.15 76.16
XJAM:SALF
91GF Score
Salada Foods Jamaica Ltd XJAM:SALF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salada Foods Jamaica 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was JMD218 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 JMD218 Mil mean?
Salada Foods Jamaica (XJAM:SALF) has a Operating Income of JMD218 Mil as of Sep. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Salada Foods Jamaica and its competitors.
Is Salada Foods Jamaica's Operating Income too high?
Salada Foods Jamaica's current Operating Income is JMD218 Mil. Overall, Salada Foods Jamaica has a GF Score™ of 91/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Salada Foods Jamaica's Operating Income compare to KHC and GIS?
Salada Foods Jamaica's Operating Income of JMD218 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 Salada Foods Jamaica and its competitors. Salada Foods Jamaica's current Operating Income is JMD218 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salada Foods Jamaica stock overvalued right now?
Based on GuruFocus' analysis, Salada Foods Jamaica (XJAM:SALF) is currently considered Possible Value Trap. The stock's GF Value™ is JMD3.82, compared to a current price of JMD2.60 — trading 31.9% below its estimated fair value. The current Operating Income is JMD218 Mil. Salada Foods Jamaica's overall GF Score™ is 91/100 with 3 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 Salada Foods Jamaica (XJAM:SALF), the current Operating Income is JMD218 Mil as of Sep. 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 Salada Foods Jamaica (XJAM:SALF) Overvalued in 2026?

Based on GuruFocus' analysis, Salada Foods Jamaica stock appears to be undervalued. The current stock price of JMD2.60 is trading 31.9% below its estimated GF Value™ of JMD3.82. GuruFocus considers Salada Foods Jamaica to be Possible Value Trap.

Key valuation signals for XJAM:SALF:

  • Operating Income: JMD218 Mil
  • GF Value™: JMD3.82 vs. price of JMD2.60 (31.9% below fair value)
  • GF Score™: 91/100 with 3 warning signs

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


Salada Foods Jamaica Business Description

Address 20 Bell Road, P.O. Box 71, Kingston, JAM, 11
Salada Foods Jamaica Ltd is engaged in the manufacture and sale of instant coffee and roasted and ground coffee beans and other consumer products. Its products include Jamaica Mountain Peak an Instant Coffee prepared from freshly roasted and ground Arabica Beans from which the solubles are extracted and spray-driedIt has two geographic segments Local and Export, and the majority of the revenue comes from the Local.
91GF Score

Get the complete analysis for XJAM:SALF

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

JMD2.60
Price
JMD3.82
GF Value