Focus Lumber Bhd (XKLS:5197) Operating Income: RM-13.26 Mil (TTM As of Mar. 2026)

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XKLS:5197 Focus Lumber Bhd XKLS:5197
38 GF Score
Price RM0.22
GF Value RM0.41
Valuation Possible Value Trap
! 2 Warning Signs
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What is Focus Lumber Bhd Operating Income?

Focus Lumber Bhd XKLS:5197 38 Operating Income is RM-13.26 Mil as of Mar. 2026. GuruFocus rates XKLS:5197 with a GF Score™ of 38/100 and a GF Value™ of RM0.41 (Possible Value Trap). The stock has 2 warning signs investors should review.

Focus Lumber Bhd's Operating Income for the three months ended in Mar. 2026 was RM-1.97 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM-13.26 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Focus Lumber Bhd's Operating Income for the three months ended in Mar. 2026 was RM-1.97 Mil. Focus Lumber Bhd's Revenue for the three months ended in Mar. 2026 was RM25.83 Mil. Therefore, Focus Lumber Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was -7.62%.

Focus Lumber 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. Focus Lumber Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was -9.08%. Focus Lumber Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -10.39%.


Focus Lumber Bhd  (XKLS:5197) Operating Income Explanation

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

Focus Lumber Bhd'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 )
=-7.876 * ( 1 - 0% )/( (85.94 + 87.591)/ 2 )
=-7.876/86.7655
=-9.08 %

where

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

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

Focus Lumber Bhd'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 )
=-7.876/( ( (28.032 + max(48.219, 0)) + (28.763 + max(46.619, 0)) )/ 2 )
=-7.876/( ( 76.251 + 75.382 )/ 2 )
=-7.876/75.8165
=-10.39 %

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)
=(1.52 + 47.301 + 7.393) - (2.5 + 0 + 5.495)
=48.219

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.268 + 51.859 + 3.064) - (7.124 + 0 + 5.448)
=46.619

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 %:

Focus Lumber Bhd'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 )
=-1.969/25.828
=-7.62 %

* 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.


Focus Lumber Bhd Operating Income Related Terms


Focus Lumber Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Focus Lumber 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.

Focus Lumber Bhd Operating Income Chart

Focus Lumber Bhd 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 14.08 30.09 -14.43 -21.43 -16.54

Focus Lumber Bhd 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 -5.46 -5.29 -3.37 -2.62 -1.97
XKLS:5197
38GF Score
Focus Lumber Bhd XKLS:5197
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Focus Lumber 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-13.26 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 RM-13.26 Mil mean?
Focus Lumber Bhd (XKLS:5197) has a Operating Income of RM-13.26 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Focus Lumber Bhd and its competitors.
Is Focus Lumber Bhd's Operating Income too high?
Focus Lumber Bhd's current Operating Income is RM-13.26 Mil. Overall, Focus Lumber Bhd has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Focus Lumber Bhd's Operating Income compare to SSD and UFPI?
Focus Lumber Bhd's Operating Income of RM-13.26 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Operating Income depends on the Forest Products 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 Focus Lumber Bhd and its competitors. Focus Lumber Bhd's current Operating Income is RM-13.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Lumber Bhd stock overvalued right now?
Based on GuruFocus' analysis, Focus Lumber Bhd (XKLS:5197) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.41, compared to a current price of RM0.22 — trading 46.3% below its estimated fair value. The current Operating Income is RM-13.26 Mil. Focus Lumber Bhd's overall GF Score™ is 38/100 with 2 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 Focus Lumber Bhd (XKLS:5197), the current Operating Income is RM-13.26 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 Focus Lumber Bhd (XKLS:5197) Overvalued in 2026?

Based on GuruFocus' analysis, Focus Lumber Bhd stock appears to be undervalued. The current stock price of RM0.22 is trading 46.3% below its estimated GF Value™ of RM0.41. GuruFocus considers Focus Lumber Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5197:

  • Operating Income: RM-13.26 Mil
  • GF Value™: RM0.41 vs. price of RM0.22 (46.3% below fair value)
  • GF Score™: 38/100 with 2 warning signs

No single metric tells the full story. See the XKLS:5197 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Focus Lumber Bhd Business Description

Address Mile 3, Jalan Masak, Kampung Ulu Patikang, Locked Bag 13 SM-88, Keningau, SBH, MYS, 89009
Focus Lumber Bhd operates as an investment holding company engaged in the manufacturing and sale of plywood, veneer, and laminated veneer lumber. It operates through the Manufacturing, logging and Electricity segments. The Manufacturing segment engages in the business of manufacturing and sale of plywood, veneer, and laminated veneer lumber. The Electricity segment engages in the business of generation and sale of electricity. The logging segment includes the cultivation of timber plantations, extraction and sale of timber logs. The geographical presence of the company is in Malaysia, Canada, Hong Kong, China, Australia, India, Korea, Japan, Taiwan, Thailand, the United States, and the UK. The company generates the majority of its revenues from the Manufacturing segment.
38GF Score

Get the complete analysis for XKLS:5197

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

RM0.22
Price
RM0.41
GF Value