Revenga Ingenieros (XMAD:RSS) Operating Income: €1.91 Mil (TTM As of Jun. 2024)


XMAD:RSS Revenga Ingenieros SA XMAD:RSS
10 GF Score
Price €0.75
View Full Analysis

What is Revenga Ingenieros Operating Income?

Revenga Ingenieros XMAD:RSS 10 Operating Income is €1.91 Mil as of Jun. 2024. GuruFocus rates XMAD:RSS with a GF Score™ of 10/100.

Revenga Ingenieros's Operating Income for the six months ended in Jun. 2024 was €0.63 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2024 was €1.91 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Revenga Ingenieros's Operating Income for the six months ended in Jun. 2024 was €0.63 Mil. Revenga Ingenieros's Revenue for the six months ended in Jun. 2024 was €15.30 Mil. Therefore, Revenga Ingenieros's Operating Margin % for the quarter that ended in Jun. 2024 was 4.13%.

Revenga Ingenieros'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. Revenga Ingenieros's annualized ROC % for the quarter that ended in Jun. 2024 was 3.50%. Revenga Ingenieros's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.42%.

Revenga Ingenieros  (XMAD:RSS) Operating Income Explanation

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

Revenga Ingenieros'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 )
=1.264 * ( 1 - 0% )/( (35.02 + 37.135)/ 2 )
=1.264/36.0775
=3.50 %

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))
=48.24 - 9.666 - ( 4.707 - max(0, 26.124 - 29.678+4.707))
=35.02

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))
=48.414 - 10.952 - ( 5.744 - max(0, 28.095 - 28.422+5.744))
=37.135

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Revenga Ingenieros'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 )
=1.264/( ( (1.904 + max(12.778, 0)) + (2.024 + max(10.122, 0)) )/ 2 )
=1.264/( ( 14.682 + 12.146 )/ 2 )
=1.264/13.414
=9.42 %

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)
=(15.543 + 7.399 + 0.599) - (9.666 + 0 + 1.097)
=12.778

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.99 + 10.853 + 0.651) - (10.952 + 0 + 0.42)
=10.122

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

Revenga Ingenieros'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 )
=0.632/15.3
=4.13 %

* 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.

Revenga Ingenieros Operating Income Related Terms

Revenga Ingenieros Operating Income Historical Data

* Premium members only.

The historical data trend for Revenga Ingenieros'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.

Revenga Ingenieros Operating Income Chart

Revenga Ingenieros Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Operating Income
0.54 0.99 2.71 2.07

Revenga Ingenieros Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24
Operating Income Get a 7-Day Free Trial 0.00 0.00 0.79 1.28 0.63
XMAD:RSS
10GF Score
Revenga Ingenieros SA XMAD:RSS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Revenga Ingenieros 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 semi-annually data reported by the company within the most recent 12 months, which was €1.91 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 €1.91 Mil mean?
Revenga Ingenieros (XMAD:RSS) has a Operating Income of €1.91 Mil as of Jun. 2024. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Revenga Ingenieros and its competitors.
Is Revenga Ingenieros' Operating Income too high?
Revenga Ingenieros' current Operating Income is €1.91 Mil. Overall, Revenga Ingenieros has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Revenga Ingenieros' Operating Income compare to IBM and ACN?
Revenga Ingenieros' Operating Income of €1.91 Mil can be compared against companies in the Software 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 Software company?
A good Operating Income depends on the Software 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 Revenga Ingenieros and its competitors. Revenga Ingenieros's current Operating Income is €1.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Revenga Ingenieros stock overvalued right now?
Revenga Ingenieros (XMAD:RSS) has a current Operating Income of €1.91 Mil. The current Operating Income is €1.91 Mil. Revenga Ingenieros' overall GF Score™ is 10/100. 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 Revenga Ingenieros (XMAD:RSS), the current Operating Income is €1.91 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.

Revenga Ingenieros Business Description

Address Calle Fragua 6, Tres Cantos, Madrid, ESP, 28760
Revenga Ingenieros SA is a company engaged in the development of comprehensive solutions for telecommunications, information technologies, electronic security and railway systems. The technologies that support the company's activity are grouped into four parts such as Railway systems includes point heaters, level crossing protection, train monitoring systems, etc, Telecommunications networks includes implementing all types of telecommunications networks, both passive elements and equipment (SDH, DWDM, MPLS, WIFI/WIMAX, LTE, etc.). Information technologies provides voice, data and video solutions and Electronic security involves access management and detection through RFID, video surveillance, video analysis, biometrics, vehicle identification, detector systems, etc.
10GF Score

Get the complete analysis for XMAD:RSS

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

€0.75
Price