Varia Bhd (XKLS:5006) Operating Income: RM2.1 Mil (TTM As of Jun. 2024)

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XKLS:5006 Varia Bhd XKLS:5006
4 GF Score
Price RM0.88
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What is Varia Bhd Operating Income?

Varia Bhd XKLS:5006 4 Operating Income is RM2.1 Mil as of Jun. 2024. GuruFocus rates XKLS:5006 with a GF Score™ of 4/100.

Varia Bhd's Operating Income for the three months ended in Jun. 2024 was RM-5.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2024 was RM2.1 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Varia Bhd's Operating Income for the three months ended in Jun. 2024 was RM-5.2 Mil. Varia Bhd's Revenue for the three months ended in Jun. 2024 was RM84.9 Mil. Therefore, Varia Bhd's Operating Margin % for the quarter that ended in Jun. 2024 was -6.17%.

Varia Bhd'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. Varia Bhd's annualized ROC % for the quarter that ended in Jun. 2024 was -2.36%. Varia Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -122.77%.

Varia Bhd  (XKLS:5006) Operating Income Explanation

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

Varia Bhd's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-20.928 * ( 1 - 41.92% )/( (469.222 + 561.905)/ 2 )
=-12.1549824/515.5635
=-2.36 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=530.642 - 54.064 - ( 7.356 - max(0, 97.756 - 143.662+7.356))
=469.222

Invested Capital(Q: Jun. 2024 )
=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))
=650.679 - 83.077 - ( 5.697 - max(0, 148.436 - 185.043+5.697))
=561.905

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

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

Varia Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-20.928/( ( (8.127 + max(-8.451, 0)) + (9.177 + max(16.789, 0)) )/ 2 )
=-20.928/( ( 8.127 + 25.966 )/ 2 )
=-20.928/17.0465
=-122.77 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(54.062 + 6.461 + 22.963) - (54.064 + 0 + 37.873)
=-8.451

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(115.348 + 9.002 + 18.726) - (83.077 + 0 + 43.21)
=16.789

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

Varia Bhd's Operating Margin % for the quarter that ended in Jun. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-5.232/84.865
=-6.17 %

* 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.

Varia Bhd Operating Income Related Terms

Varia Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Varia Bhd'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.

Varia Bhd Operating Income Chart

Varia Bhd Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.31 -3.95 5.58 3.56 6.02

Varia Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 4.96 0.45 1.37 6.00 -5.23
XKLS:5006
4GF Score
Varia Bhd XKLS:5006
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Varia Bhd 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM2.1 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 RM2.1 Mil mean?
Varia Bhd (XKLS:5006) has a Operating Income of RM2.1 Mil as of Jun. 2024. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Varia Bhd and its competitors.
Is Varia Bhd's Operating Income too high?
Varia Bhd's current Operating Income is RM2.1 Mil. Overall, Varia Bhd has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Varia Bhd's Operating Income compare to PWR and EME?
Varia Bhd's Operating Income of RM2.1 Mil can be compared against companies in the Construction 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 Construction company?
A good Operating Income depends on the Construction 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 Varia Bhd and its competitors. Varia Bhd's current Operating Income is RM2.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varia Bhd stock overvalued right now?
Varia Bhd (XKLS:5006) has a current Operating Income of RM2.1 Mil. The current Operating Income is RM2.1 Mil. Varia Bhd's overall GF Score™ is 4/100. 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 Varia Bhd (XKLS:5006), the current Operating Income is RM2.1 Mil as of Jun. 2024. 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.

Varia Bhd Business Description

Address Pusat Dagangan Phileo Damansara 1, No. 9, Jalan 16/11, Off Jalan Damansara, 1105, Block E, Level 11, Petaling Jaya, SGR, MYS, 46350
Varia Bhd formerly Stella Holdings Bhd is an investment holding company. The company's segment includes Investment holding; Construction; Property investment; Property development; and others. It generates maximum revenue from the Construction segment. The Construction segment includes Construction of civil and structural, mechanical and electrical works and project management.
4GF Score

Get the complete analysis for XKLS:5006

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

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