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PGF Capital Bhd (XKLS:8117) Operating Income : RM49.3 Mil (TTM As of May. 2024)


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What is PGF Capital Bhd Operating Income?

PGF Capital Bhd's Operating Income for the three months ended in May. 2024 was RM9.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in May. 2024 was RM49.3 Mil.

Warning Sign:

PGF Capital Bhd 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. PGF Capital Bhd's Operating Income for the three months ended in May. 2024 was RM9.6 Mil. PGF Capital Bhd's Revenue for the three months ended in May. 2024 was RM40.5 Mil. Therefore, PGF Capital Bhd's Operating Margin % for the quarter that ended in May. 2024 was 23.69%.

Good Sign:

PGF Capital Bhd operating margin is expanding. Margin expansion is usually a good sign.

PGF Capital Bhd's 5-Year average Growth Rate for Operating Margin % was 25.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PGF Capital Bhd's annualized ROC % for the quarter that ended in May. 2024 was 10.20%. PGF Capital Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2024 was 34.13%.


PGF Capital Bhd Operating Income Historical Data

The historical data trend for PGF Capital 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.

* Premium members only.

PGF Capital Bhd Operating Income Chart

PGF Capital Bhd Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.90 11.07 3.33 34.52 45.95

PGF Capital Bhd Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 6.27 4.83 6.52 28.33 9.60

PGF Capital 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM49.3 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.


PGF Capital Bhd  (XKLS:8117) Operating Income Explanation

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

PGF Capital Bhd's annualized ROC % for the quarter that ended in May. 2024 is calculated as:

ROC % (Q: May. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2024 ) + Invested Capital (Q: May. 2024 ))/ count )
=38.388 * ( 1 - 26.23% )/( (274.602 + 280.649)/ 2 )
=28.3188276/277.6255
=10.20 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: May. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2024  Q: May. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=39.132/( ( (79.461 + max(32.488, 0)) + (78.501 + max(38.844, 0)) )/ 2 )
=39.132/( ( 111.949 + 117.345 )/ 2 )
=39.132/114.647
=34.13 %

where Working Capital is:

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.266 + 28.473 + 3.818) - (17.256 + 0 + 3.813)
=32.488

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.799 + 31.38 + 0.0079999999999956) - (19.849 + 0 + 3.494)
=38.844

When net working capital is negative, 0 is used.

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

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

PGF Capital Bhd's Operating Margin % for the quarter that ended in May. 2024 is calculated as:

Operating Margin %=Operating Income (Q: May. 2024 )/Revenue (Q: May. 2024 )
=9.597/40.511
=23.69 %

* 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.


PGF Capital Bhd Operating Income Related Terms

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PGF Capital Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 2449, Lorong Perusahaan Sepuluh, Kawasan Perusahaan Perai, Perai, PNG, MYS, 13600
PGF Capital Bhd is an investment holding company with subsidiaries involved in manufacturing, agriculture, property development, and property investment. The Group has three business segments namely fibre glasswool and related products; Property development and Investment holding. The company generates maximum revenue from the fibre glasswool and related products segment. fibre glasswool and related products segment is a manufacturer and distributor of fibre glasswool and other related products.

PGF Capital Bhd Headlines

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