GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » EFFI Capital Nadlan Ltd (XTAE:EFCP) » Definitions » Operating Income

EFFI Capital Nadlan (XTAE:EFCP) Operating Income : ₪48.7 Mil (TTM As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is EFFI Capital Nadlan Operating Income?

EFFI Capital Nadlan's Operating Income for the three months ended in Mar. 2024 was ₪11.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₪48.7 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. EFFI Capital Nadlan's Operating Income for the three months ended in Mar. 2024 was ₪11.5 Mil. EFFI Capital Nadlan's Revenue for the three months ended in Mar. 2024 was ₪93.8 Mil. Therefore, EFFI Capital Nadlan's Operating Margin % for the quarter that ended in Mar. 2024 was 12.23%.

EFFI Capital Nadlan'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. EFFI Capital Nadlan's annualized ROC % for the quarter that ended in Mar. 2024 was 2.64%. EFFI Capital Nadlan's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.34%.


EFFI Capital Nadlan Operating Income Historical Data

The historical data trend for EFFI Capital Nadlan'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.

EFFI Capital Nadlan Operating Income Chart

EFFI Capital Nadlan Annual Data
Trend Dec20 Dec21 Dec22
Operating Income
11.21 24.87 102.26

EFFI Capital Nadlan Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.52 22.15 21.53 15.65 11.47

EFFI Capital Nadlan 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪48.7 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.


EFFI Capital Nadlan  (XTAE:EFCP) Operating Income Explanation

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

EFFI Capital Nadlan's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=45.892 * ( 1 - 19% )/( (1437.482 + 1376.101)/ 2 )
=37.17252/1406.7915
=2.64 %

where

Invested Capital(Q: Sep. 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))
=1530.805 - 68.898 - ( 24.425 - max(0, 922.577 - 1213.349+24.425))
=1437.482

Invested Capital(Q: Mar. 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))
=1610.764 - 136.532 - ( 98.131 - max(0, 919.375 - 1141.974+98.131))
=1376.101

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

EFFI Capital Nadlan's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=99.768/( ( (51.1 + max(802.588, 0)) + (57.078 + max(706.862, 0)) )/ 2 )
=99.768/( ( 853.688 + 763.94 )/ 2 )
=99.768/808.814
=12.34 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 834.395 + 250.273) - (68.898 + 0 + 213.182)
=802.588

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 885.137 + 64.218) - (136.532 + 0 + 105.961)
=706.862

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

EFFI Capital Nadlan's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=11.473/93.789
=12.23 %

* 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.


EFFI Capital Nadlan Operating Income Related Terms

Thank you for viewing the detailed overview of EFFI Capital Nadlan's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


EFFI Capital Nadlan (XTAE:EFCP) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
EFFI Capital Nadlan Ltd is a company that operates in the initiation and planning of residential construction projects, it also deals with locating real estate, improvement processes and initiation of Bundline projects on its own or through special purpose corporations (SPCs), which are usually private companies Owned by the company and or owned by the group and various partners.

EFFI Capital Nadlan (XTAE:EFCP) Headlines

No Headlines