Societe Tunisienne des Industries de Pneumatiques STIP (XTUN:STIP) Operating Income: TND Mil (TTM As of . 20)


XTUN:STIP Societe Tunisienne des Industries de Pneumatiques STIP SA XTUN:STIP
39 GF Score
Price TND10.27
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What is Societe Tunisienne des Industries de Pneumatiques STIP Operating Income?

Societe Tunisienne des Industries de Pneumatiques STIP XTUN:STIP 39 Operating Income is TND Mil as of . 20. GuruFocus rates XTUN:STIP with a GF Score™ of 39/100.

Societe Tunisienne des Industries de Pneumatiques STIP's Operating Income for the six months ended in . 20 was TND0.00 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Societe Tunisienne des Industries de Pneumatiques STIP's Operating Income for the six months ended in . 20 was TND0.00 Mil. Societe Tunisienne des Industries de Pneumatiques STIP's Revenue for the six months ended in . 20 was TND0.00 Mil. Therefore, Societe Tunisienne des Industries de Pneumatiques STIP's Operating Margin % for the quarter that ended in . 20 was %.

Societe Tunisienne des Industries de Pneumatiques STIP'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.

Societe Tunisienne des Industries de Pneumatiques STIP  (XTUN:STIP) Operating Income Explanation

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

Societe Tunisienne des Industries de Pneumatiques STIP's annualized ROC % for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is one times the annual (. 20) data.

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

Societe Tunisienne des Industries de Pneumatiques STIP's annualized ROC (Joel Greenblatt) % for the quarter that ended in . 20 is calculated as:

ROC (Joel Greenblatt) %(Q: . 20 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: . 20  Q: . 20
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=/( ( ( + max(, 0)) + ( + max(, 0)) )/ )
=/( ( + )/ )
=/
= %

where Working Capital is:

Working Capital(Q: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

Working Capital(Q: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (. 20) EBIT data.

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

Societe Tunisienne des Industries de Pneumatiques STIP's Operating Margin % for the quarter that ended in . 20 is calculated as:

Operating Margin %=Operating Income (Q: . 20 )/Revenue (Q: . 20 )
=/
= %

* 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.

Societe Tunisienne des Industries de Pneumatiques STIP Operating Income Related Terms

Societe Tunisienne des Industries de Pneumatiques STIP Operating Income Historical Data

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The historical data trend for Societe Tunisienne des Industries de Pneumatiques STIP'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.

Societe Tunisienne des Industries de Pneumatiques STIP Operating Income Chart

Societe Tunisienne des Industries de Pneumatiques STIP Annual Data
Trend
Operating Income

Societe Tunisienne des Industries de Pneumatiques STIP Semi-Annual Data
Operating Income
XTUN:STIP
39GF Score
Societe Tunisienne des Industries de Pneumatiques STIP SA XTUN:STIP
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Societe Tunisienne des Industries de Pneumatiques STIP 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 . 20 was TND 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 TND Mil mean?
Societe Tunisienne des Industries de Pneumatiques STIP (XTUN:STIP) has a Operating Income of TND Mil as of . 20. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Societe Tunisienne des Industries de Pneumatiques STIP and its competitors.
Is Societe Tunisienne des Industries de Pneumatiques STIP's Operating Income too high?
Societe Tunisienne des Industries de Pneumatiques STIP's current Operating Income is TND Mil. Overall, Societe Tunisienne des Industries de Pneumatiques STIP has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Societe Tunisienne des Industries de Pneumatiques STIP's Operating Income compare to FLES and OMTK?
Societe Tunisienne des Industries de Pneumatiques STIP's Operating Income of TND Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Operating Income depends on the Vehicles & Parts 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 Societe Tunisienne des Industries de Pneumatiques STIP and its competitors. Societe Tunisienne des Industries de Pneumatiques STIP's current Operating Income is TND Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe Tunisienne des Industries de Pneumatiques STIP stock overvalued right now?
Societe Tunisienne des Industries de Pneumatiques STIP (XTUN:STIP) has a current Operating Income of TND Mil. The current Operating Income is TND Mil. Societe Tunisienne des Industries de Pneumatiques STIP's overall GF Score™ is 39/100. 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 Societe Tunisienne des Industries de Pneumatiques STIP (XTUN:STIP), the current Operating Income is TND Mil as of . 20. 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.

Societe Tunisienne des Industries de Pneumatiques STIP Business Description

Address Boulevard de la terre BP No. 77, North Urban Center, Tunis-El Khadra, Tunis, TUN, 1003
Societe Tunisienne des Industries de Pneumatiques STIP SA is a Tunisia-based manufacturer and marketer of tires.
39GF Score

Get the complete analysis for XTUN:STIP

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

TND10.27
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