Salt Trading (XNEP:STC) Operating Income: NPR434 Mil (TTM As of Jul. 2025)

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XNEP:STC Salt Trading Corp XNEP:STC
83 GF Score
Price NPR5,170.00
GF Value NPR3,931.68
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Salt Trading Operating Income?

Salt Trading XNEP:STC -0.19% 83 Operating Income is NPR434 Mil as of Jul. 2025. GuruFocus rates XNEP:STC with a GF Score™ of 83/100 and a GF Value™ of NPR3,931.68 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Salt Trading's Operating Income for the six months ended in Jul. 2025 was NPR434 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jul. 2025 was NPR434 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Salt Trading's Operating Income for the six months ended in Jul. 2025 was NPR434 Mil. Salt Trading's Revenue for the six months ended in Jul. 2025 was NPR9,382 Mil. Therefore, Salt Trading's Operating Margin % for the quarter that ended in Jul. 2025 was 4.63%.

Warning Sign:

Salt Trading Corp operating margin has been in a 5-year decline. The average rate of decline per year is -4.9%.

Salt Trading's 5-Year average Growth Rate for Operating Margin % was -4.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Salt Trading's annualized ROC % for the quarter that ended in Jul. 2025 was 3.93%. Salt Trading's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2025 was 21.37%.


Salt Trading  (XNEP:STC) Operating Income Explanation

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

Salt Trading's annualized ROC % for the quarter that ended in Jul. 2025 is calculated as:

ROC % (Q: Jul. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2024 ) + Invested Capital (Q: Jul. 2025 ))/ count )
=434.387 * ( 1 - 32.68% )/( (8349.126 + 6541.171)/ 2 )
=292.4293284/7445.1485
=3.93 %

where

Invested Capital(Q: Jul. 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))
=9559.783 - 3049.597 - ( 342.29 - max(0, 7492.621 - 5653.681+342.29))
=8349.126

Invested Capital(Q: Jul. 2025 )
=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))
=13464.651 - 8854.093 - ( 3282.083 - max(0, 11443.443 - 9512.83+3282.083))
=6541.171

Note: The Operating Income data used here is one times the annual (Jul. 2025) data.

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

Salt Trading's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2024  Q: Jul. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=508.444/( ( (1446.238 + max(1868.713, 0)) + (1443.2 + max(-3109.759, 0)) )/ 2 )
=508.444/( ( 3314.951 + 1443.2 )/ 2 )
=508.444/2379.0755
=21.37 %

where Working Capital is:

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1079.836 + 3309.162 + 646.303) - (3049.597 + 0 + 116.991)
=1868.713

Working Capital(Q: Jul. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(945.077 + 4284.339 + 633.615) - (8854.093 + 0 + 118.697)
=-3109.759

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jul. 2025) EBIT data.

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

Salt Trading's Operating Margin % for the quarter that ended in Jul. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Jul. 2025 )/Revenue (Q: Jul. 2025 )
=434.387/9381.829
=4.63 %

* 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.


Salt Trading Operating Income Related Terms


Salt Trading Operating Income Historical Data

* Premium members only.

The historical data trend for Salt Trading'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.

Salt Trading Operating Income Chart

Salt Trading Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Operating Income
Get a 7-Day Free Trial 526.61 335.01 524.86 602.62 434.39

Salt Trading Semi-Annual Data
Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Operating Income Get a 7-Day Free Trial 526.61 335.01 524.86 602.62 434.39
XNEP:STC
83GF Score
Salt Trading Corp XNEP:STC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salt Trading 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Jul. 2025 was NPR434 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 NPR434 Mil mean?
Salt Trading (XNEP:STC) has a Operating Income of NPR434 Mil as of Jul. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Salt Trading and its competitors.
Is Salt Trading's Operating Income too high?
Salt Trading's current Operating Income is NPR434 Mil. Overall, Salt Trading has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salt Trading's Operating Income compare to KHC and GIS?
Salt Trading's Operating Income of NPR434 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 Salt Trading and its competitors. Salt Trading's current Operating Income is NPR434 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salt Trading stock overvalued right now?
Based on GuruFocus' analysis, Salt Trading (XNEP:STC) is currently considered Significantly Overvalued. The stock's GF Value™ is NPR3,931.68, compared to a current price of NPR5,170.00 — trading 31.5% above its estimated fair value. The current Operating Income is NPR434 Mil. Salt Trading's overall GF Score™ is 83/100 with 8 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 Salt Trading (XNEP:STC), the current Operating Income is NPR434 Mil as of Jul. 2025. 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 Salt Trading (XNEP:STC) Overvalued in 2026?

Based on GuruFocus' analysis, Salt Trading stock appears to be overvalued. The current stock price of NPR5,170.00 is trading 31.5% above its estimated GF Value™ of NPR3,931.68. GuruFocus considers Salt Trading to be Significantly Overvalued.

Key valuation signals for XNEP:STC:

  • Operating Income: NPR434 Mil
  • GF Value™: NPR3,931.68 vs. price of NPR5,170.00 (31.5% above fair value)
  • GF Score™: 83/100 with 8 warning signs

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


Salt Trading Business Description

Address Kalimati, P.O.Box: 483, Kathmandu, NPL
Salt Trading Corp operates as the sole supplier of salt within Nepal. Its key business segments include: i) Salt Sales: Free flow salt, washed salt, Phoda salt, ii) Fertilizer Sales: Subsidised-Diammonium Phosphate, Urea, Potash, iii) Gas: STC Gas, and iv)Others: Sugar, seed, wheat, Cement, Iron steel, Rice, Flour, Gas, Ghee Oil, Paper, Kitchen appliances and Others. The majority of revenue is derived from the Salt segment.
83GF Score

Get the complete analysis for XNEP:STC

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

NPR5,170.00
Price
NPR3,931.68
GF Value