VAA-Vista Alegre Atlantis (XLIS:VAF) Operating Income: €11.3 Mil (TTM As of Mar. 2026)

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XLIS:VAF VAA-Vista Alegre Atlantis SA XLIS:VAF
88 GF Score
Price €1.07
GF Value €1.08
Valuation Fairly Valued
! 3 Warning Signs
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What is VAA-Vista Alegre Atlantis Operating Income?

VAA-Vista Alegre Atlantis XLIS:VAF 88 Operating Income is €11.3 Mil as of Mar. 2026. GuruFocus rates XLIS:VAF with a GF Score™ of 88/100 and a GF Value™ of €1.08 (Fairly Valued). The stock has 3 warning signs investors should review.

VAA-Vista Alegre Atlantis's Operating Income for the three months ended in Mar. 2026 was €2.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €11.3 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. VAA-Vista Alegre Atlantis's Operating Income for the three months ended in Mar. 2026 was €2.2 Mil. VAA-Vista Alegre Atlantis's Revenue for the three months ended in Mar. 2026 was €34.5 Mil. Therefore, VAA-Vista Alegre Atlantis's Operating Margin % for the quarter that ended in Mar. 2026 was 6.42%.

Good Sign:

VAA-Vista Alegre Atlantis SA operating margin is expanding. Margin expansion is usually a good sign.

VAA-Vista Alegre Atlantis's 5-Year average Growth Rate for Operating Margin % was 31.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. VAA-Vista Alegre Atlantis's annualized ROC % for the quarter that ended in Mar. 2026 was 3.04%. VAA-Vista Alegre Atlantis's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.62%.


VAA-Vista Alegre Atlantis  (XLIS:VAF) Operating Income Explanation

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

VAA-Vista Alegre Atlantis'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 )
=8.856 * ( 1 - 26.54% )/( (211.154 + 216.699)/ 2 )
=6.5056176/213.9265
=3.04 %

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:

VAA-Vista Alegre Atlantis'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 )
=13.256/( ( (154.704 + max(20.613, 0)) + (152.215 + max(20.294, 0)) )/ 2 )
=13.256/( ( 175.317 + 172.509 )/ 2 )
=13.256/173.913
=7.62 %

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)
=(15.606 + 52.537 + 4.115) - (37.322 + 0 + 14.323)
=20.613

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.881 + 54.018 + 5.155) - (38.793 + 0 + 15.967)
=20.294

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 %:

VAA-Vista Alegre Atlantis'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 )
=2.214/34.509
=6.42 %

* 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.


VAA-Vista Alegre Atlantis Operating Income Related Terms


VAA-Vista Alegre Atlantis Operating Income Historical Data

* Premium members only.

The historical data trend for VAA-Vista Alegre Atlantis'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.

VAA-Vista Alegre Atlantis Operating Income Chart

VAA-Vista Alegre Atlantis 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 9.06 10.81 15.00 12.22 12.12

VAA-Vista Alegre Atlantis 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 3.02 4.69 0.02 4.38 2.21
XLIS:VAF
88GF Score
VAA-Vista Alegre Atlantis SA XLIS:VAF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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VAA-Vista Alegre Atlantis 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 €11.3 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of €11.3 Mil mean?
VAA-Vista Alegre Atlantis (XLIS:VAF) has a Operating Income of €11.3 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on VAA-Vista Alegre Atlantis and its competitors.
Is VAA-Vista Alegre Atlantis' Operating Income too high?
VAA-Vista Alegre Atlantis' current Operating Income is €11.3 Mil. Overall, VAA-Vista Alegre Atlantis has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VAA-Vista Alegre Atlantis' Operating Income compare to SN and SGI?
VAA-Vista Alegre Atlantis' Operating Income of €11.3 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Operating Income depends on the Furnishings, Fixtures & Appliances 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 VAA-Vista Alegre Atlantis and its competitors. VAA-Vista Alegre Atlantis's current Operating Income is €11.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VAA-Vista Alegre Atlantis stock overvalued right now?
Based on GuruFocus' analysis, VAA-Vista Alegre Atlantis (XLIS:VAF) is currently considered Fairly Valued. The stock's GF Value™ is €1.08, compared to a current price of €1.07 — trading 0.9% below its estimated fair value. The current Operating Income is €11.3 Mil. VAA-Vista Alegre Atlantis' overall GF Score™ is 88/100 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 VAA-Vista Alegre Atlantis (XLIS:VAF), the current Operating Income is €11.3 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 VAA-Vista Alegre Atlantis (XLIS:VAF) Overvalued in 2026?

Based on GuruFocus' analysis, VAA-Vista Alegre Atlantis stock appears to be undervalued. The current stock price of €1.07 is trading 0.9% below its estimated GF Value™ of €1.08. GuruFocus considers VAA-Vista Alegre Atlantis to be Fairly Valued.

Key valuation signals for XLIS:VAF:

  • Operating Income: €11.3 Mil
  • GF Value™: €1.08 vs. price of €1.07 (0.9% below fair value)
  • GF Score™: 88/100 with 3 warning signs

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


VAA-Vista Alegre Atlantis Business Description

Other Exchanges 0ZW8:UK
Address Rua Nova da Trindade no 1, r/c esqdo, Lisboa, PRT, 1200 301
VAA-Vista Alegre Atlantis SA manufactures and distributes porcelain and ceramic items to wholesalers, retail shops, and direct customers in both the domestic and international markets. The company segments include Porcelain & other products, Stoneware, Crystal & Glass, and Earthenware. It derives maximum revenue from Stoneware. The company's geographical segments include Portugal, Spain, France, Germany, Italy, The Netherlands, Australia, the USA, the United Kingdom, Brazil, the Rest of Europe, and Other countries.
88GF Score

Get the complete analysis for XLIS:VAF

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

€1.07
Price
€1.08
GF Value