Telnet Holding (XTUN:TLNET) Operating Income: TND11.24 Mil (TTM As of Dec. 2021)


XTUN:TLNET Telnet Holding SA XTUN:TLNET
26 GF Score
Price TND10.72
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What is Telnet Holding Operating Income?

Telnet Holding XTUN:TLNET 26 Operating Income is TND11.24 Mil as of Dec. 2021. GuruFocus rates XTUN:TLNET with a GF Score™ of 26/100.

Telnet Holding's Operating Income for the six months ended in Dec. 2021 was TND6.89 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2021 was TND11.24 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Telnet Holding's Operating Income for the six months ended in Dec. 2021 was TND6.89 Mil. Telnet Holding's Revenue for the six months ended in Dec. 2021 was TND24.57 Mil. Therefore, Telnet Holding's Operating Margin % for the quarter that ended in Dec. 2021 was 28.02%.

Telnet Holding'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. Telnet Holding's annualized ROC % for the quarter that ended in Dec. 2021 was 30.25%. Telnet Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was 118.01%.

Telnet Holding  (XTUN:TLNET) Operating Income Explanation

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

Telnet Holding's annualized ROC % for the quarter that ended in Dec. 2021 is calculated as:

ROC % (Q: Dec. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2021 ) + Invested Capital (Q: Dec. 2021 ))/ count )
=13.77 * ( 1 - 10.58% )/( (37.985 + 43.414)/ 2 )
=12.313134/40.6995
=30.25 %

where

Invested Capital(Q: Jun. 2021 )
=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))
=59.618 - 3.936 - ( 17.697 - max(0, 22.996 - 42.026+17.697))
=37.985

Invested Capital(Q: Dec. 2021 )
=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))
=67.991 - 3.995 - ( 20.582 - max(0, 26.572 - 49.417+20.582))
=43.414

Note: The Operating Income data used here is two times the semi-annual (Dec. 2021) data.

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

Telnet Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2021  Q: Dec. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=13.572/( ( (9.565 + max(1.333, 0)) + (9.823 + max(2.28, 0)) )/ 2 )
=13.572/( ( 10.898 + 12.103 )/ 2 )
=13.572/11.5005
=118.01 %

where Working Capital is:

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.961 + 0.457 + 6.911) - (3.936 + 0 + 19.06)
=1.333

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.268 + 0.156 + 7.411) - (3.995 + 0 + 22.56)
=2.28

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2021) EBIT data.

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

Telnet Holding's Operating Margin % for the quarter that ended in Dec. 2021 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2021 )/Revenue (Q: Dec. 2021 )
=6.885/24.572
=28.02 %

* 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.

Telnet Holding Operating Income Related Terms

Telnet Holding Operating Income Historical Data

* Premium members only.

The historical data trend for Telnet Holding'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.

Telnet Holding Operating Income Chart

Telnet Holding Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec17 Dec18 Dec19 Dec20 Dec21
Operating Income
Get a 7-Day Free Trial Premium Member Only 4.01 5.46 7.11 7.18 11.24

Telnet Holding Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.69 3.20 3.98 4.35 6.89
XTUN:TLNET
26GF Score
Telnet Holding SA XTUN:TLNET
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Telnet Holding 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 Dec. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was TND11.24 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 TND11.24 Mil mean?
Telnet Holding (XTUN:TLNET) has a Operating Income of TND11.24 Mil as of Dec. 2021. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Telnet Holding and its competitors.
Is Telnet Holding's Operating Income too high?
Telnet Holding's current Operating Income is TND11.24 Mil. Overall, Telnet Holding has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Telnet Holding's Operating Income compare to CRM and INTU?
Telnet Holding's Operating Income of TND11.24 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 Telnet Holding and its competitors. Telnet Holding's current Operating Income is TND11.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telnet Holding stock overvalued right now?
Telnet Holding (XTUN:TLNET) has a current Operating Income of TND11.24 Mil. The current Operating Income is TND11.24 Mil. Telnet Holding's overall GF Score™ is 26/100. 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 Telnet Holding (XTUN:TLNET), the current Operating Income is TND11.24 Mil as of Dec. 2021. 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.

Telnet Holding Business Description

Address Les berges du Lac, Rue du Lac Leman, Tunis, TUN, 1053
Telnet Holding SA is engaged in developing software in the field of information and communications technology (ICT) for scientific and technical computing and real-time embedded systems and unit tests for critical applications.
26GF Score

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

TND10.72
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