Lysaght Galvanized Steel Bhd (XKLS:9199) Operating Income: RM9.23 Mil (TTM As of Mar. 2026)

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XKLS:9199 Lysaght Galvanized Steel Bhd XKLS:9199
89 GF Score
Price RM2.56
GF Value RM2.40
Valuation Fairly Valued
! 1 Warning Sign
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What is Lysaght Galvanized Steel Bhd Operating Income?

Lysaght Galvanized Steel Bhd XKLS:9199 +3.23% 89 Operating Income is RM9.23 Mil as of Mar. 2026. GuruFocus rates XKLS:9199 with a GF Score™ of 89/100 and a GF Value™ of RM2.40 (Fairly Valued). The stock has 1 warning sign investors should review.

Lysaght Galvanized Steel Bhd's Operating Income for the three months ended in Mar. 2026 was RM3.79 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM9.23 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Lysaght Galvanized Steel Bhd's Operating Income for the three months ended in Mar. 2026 was RM3.79 Mil. Lysaght Galvanized Steel Bhd's Revenue for the three months ended in Mar. 2026 was RM19.69 Mil. Therefore, Lysaght Galvanized Steel Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was 19.23%.

Good Sign:

Lysaght Galvanized Steel Bhd operating margin is expanding. Margin expansion is usually a good sign.

Lysaght Galvanized Steel Bhd's 5-Year average Growth Rate for Operating Margin % was 28.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lysaght Galvanized Steel Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was 11.80%. Lysaght Galvanized Steel Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.02%.


Lysaght Galvanized Steel Bhd  (XKLS:9199) Operating Income Explanation

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

Lysaght Galvanized Steel 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 )
=15.144 * ( 1 - 23.81% )/( (98.086 + 97.417)/ 2 )
=11.5382136/97.7515
=11.80 %

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:

Lysaght Galvanized Steel 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 )
=16.248/( ( (52.955 + max(41.921, 0)) + (52.391 + max(43.676, 0)) )/ 2 )
=16.248/( ( 94.876 + 96.067 )/ 2 )
=16.248/95.4715
=17.02 %

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)
=(16.669 + 29.589 + 1.848) - (3.392 + 0 + 2.793)
=41.921

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.926 + 32.746 + 0) - (5.788 + 0 + 0.208)
=43.676

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 %:

Lysaght Galvanized Steel 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 )
=3.786/19.691
=19.23 %

* 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.


Lysaght Galvanized Steel Bhd Operating Income Related Terms


Lysaght Galvanized Steel Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Lysaght Galvanized Steel 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.

Lysaght Galvanized Steel Bhd Operating Income Chart

Lysaght Galvanized Steel 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 0.77 6.68 10.83 10.96 5.63

Lysaght Galvanized Steel 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 1.53 0.92 1.89 2.63 3.79
XKLS:9199
89GF Score
Lysaght Galvanized Steel Bhd XKLS:9199
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Lysaght Galvanized Steel 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 RM9.23 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 RM9.23 Mil mean?
Lysaght Galvanized Steel Bhd (XKLS:9199) has a Operating Income of RM9.23 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Lysaght Galvanized Steel Bhd and its competitors.
Is Lysaght Galvanized Steel Bhd's Operating Income too high?
Lysaght Galvanized Steel Bhd's current Operating Income is RM9.23 Mil. Overall, Lysaght Galvanized Steel Bhd has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lysaght Galvanized Steel Bhd's Operating Income compare to NUE and STLD?
Lysaght Galvanized Steel Bhd's Operating Income of RM9.23 Mil can be compared against companies in the Steel 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 Steel company?
A good Operating Income depends on the Steel 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 Lysaght Galvanized Steel Bhd and its competitors. Lysaght Galvanized Steel Bhd's current Operating Income is RM9.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lysaght Galvanized Steel Bhd stock overvalued right now?
Based on GuruFocus' analysis, Lysaght Galvanized Steel Bhd (XKLS:9199) is currently considered Fairly Valued. The stock's GF Value™ is RM2.40, compared to a current price of RM2.56 — trading 6.7% above its estimated fair value. The current Operating Income is RM9.23 Mil. Lysaght Galvanized Steel Bhd's overall GF Score™ is 89/100 with 1 warning sign 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 Lysaght Galvanized Steel Bhd (XKLS:9199), the current Operating Income is RM9.23 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 Lysaght Galvanized Steel Bhd (XKLS:9199) Overvalued in 2026?

Based on GuruFocus' analysis, Lysaght Galvanized Steel Bhd stock appears to be overvalued. The current stock price of RM2.56 is trading 6.7% above its estimated GF Value™ of RM2.40. GuruFocus considers Lysaght Galvanized Steel Bhd to be Fairly Valued.

Key valuation signals for XKLS:9199:

  • Operating Income: RM9.23 Mil
  • GF Value™: RM2.40 vs. price of RM2.56 (6.7% above fair value)
  • GF Score™: 89/100 with 1 warning sign

No single metric tells the full story. See the XKLS:9199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lysaght Galvanized Steel Bhd Business Description

Address No. 11, Jalan Majistret U1/26, Seksyen U1, Hicom-Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150
Lysaght Galvanized Steel Bhd is engaged in the manufacturing of galvanized steel products. The company specializes in the manufacturing of corrugated steel pipes, guardrails, and highway furniture, Lysaght gradually expanded into the design and production of poles, masts, transmission poles, telecommunication towers, and substation structures. It operates within a single business segment. Geographically, it operates in Malaysia, Singapore, New Zealand, and Other countries with the majority of revenue deriving from Malaysia.
89GF Score

Get the complete analysis for XKLS:9199

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

RM2.56
Price
RM2.40
GF Value