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Piscines Jean Desjoyaux (XPAR:ALPDX) Operating Income : €15.3 Mil (TTM As of Aug. 2024)


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What is Piscines Jean Desjoyaux Operating Income?

Piscines Jean Desjoyaux's Operating Income for the six months ended in Aug. 2024 was €11.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Aug. 2024 was €15.3 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Piscines Jean Desjoyaux's Operating Income for the six months ended in Aug. 2024 was €11.5 Mil. Piscines Jean Desjoyaux's Revenue for the six months ended in Aug. 2024 was €66.5 Mil. Therefore, Piscines Jean Desjoyaux's Operating Margin % for the quarter that ended in Aug. 2024 was 17.34%.

Warning Sign:

Piscines Jean Desjoyaux operating margin has been in a 5-year decline. The average rate of decline per year is -2.9%.

Piscines Jean Desjoyaux's 5-Year average Growth Rate for Operating Margin % was -2.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Piscines Jean Desjoyaux's annualized ROC % for the quarter that ended in Aug. 2024 was 18.83%. Piscines Jean Desjoyaux's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 27.75%.


Piscines Jean Desjoyaux Operating Income Historical Data

The historical data trend for Piscines Jean Desjoyaux'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.

Piscines Jean Desjoyaux Operating Income Chart

Piscines Jean Desjoyaux Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.90 35.35 27.81 21.58 15.34

Piscines Jean Desjoyaux Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 13.95 8.12 13.46 3.79 11.54

Piscines Jean Desjoyaux 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 Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €15.3 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.


Piscines Jean Desjoyaux  (XPAR:ALPDX) Operating Income Explanation

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

Piscines Jean Desjoyaux's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:

ROC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=23.084 * ( 1 - 25.33% )/( (85.557 + 97.512)/ 2 )
=17.2368228/91.5345
=18.83 %

where

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

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

Piscines Jean Desjoyaux's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=23.158/( ( (66.103 + max(13.063, 0)) + (69.539 + max(18.21, 0)) )/ 2 )
=23.158/( ( 79.166 + 87.749 )/ 2 )
=23.158/83.4575
=27.75 %

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)
=(16.182 + 21.696 + 5.523) - (28.814 + 0 + 1.524)
=13.063

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.707 + 17.597 + 5.369) - (12.531 + 0 + 3.932)
=18.21

When net working capital is negative, 0 is used.

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

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

Piscines Jean Desjoyaux's Operating Margin % for the quarter that ended in Aug. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Aug. 2024 )/Revenue (Q: Aug. 2024 )
=11.542/66.548
=17.34 %

* 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.


Piscines Jean Desjoyaux Operating Income Related Terms

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Piscines Jean Desjoyaux Business Description

Traded in Other Exchanges
Address
ZI du Bas Rolle, La Gouyonniere BP 280, La Fouillouse, FRA, 42480
Piscines Jean Desjoyaux is a France-based company engaged in the provision of home-use swimming pool solutions, spas, and above-ground pools, as well as in the construction of public swimming pools for hotels, local communities, and campsites. The company also offers pool equipment, such as coverings and shelters, solar showers, enclosures, heating pumps, electrical heaters and exchangers, and a wide range of accessories and products for the swimming pool maintenance.

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