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Koncar - Electrical Industry (ZAG:KOEI) Operating Income : €167 Mil (TTM As of Dec. 2024)


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What is Koncar - Electrical Industry Operating Income?

Koncar - Electrical Industry's Operating Income for the three months ended in Dec. 2024 was €43 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was €167 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Koncar - Electrical Industry's Operating Income for the three months ended in Dec. 2024 was €43 Mil. Koncar - Electrical Industry's Revenue for the three months ended in Dec. 2024 was €321 Mil. Therefore, Koncar - Electrical Industry's Operating Margin % for the quarter that ended in Dec. 2024 was 13.27%.

Good Sign:

Koncar - Electrical Industry Inc operating margin is expanding. Margin expansion is usually a good sign.

Koncar - Electrical Industry's 5-Year average Growth Rate for Operating Margin % was 35.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Koncar - Electrical Industry's annualized ROC % for the quarter that ended in Dec. 2024 was 18.96%. Koncar - Electrical Industry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 66.65%.


Koncar - Electrical Industry Operating Income Historical Data

The historical data trend for Koncar - Electrical Industry'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.

Koncar - Electrical Industry Operating Income Chart

Koncar - Electrical Industry Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.41 25.93 49.11 86.43 166.78

Koncar - Electrical Industry Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 36.17 30.05 49.61 44.52 42.60

Koncar - Electrical Industry 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €167 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.


Koncar - Electrical Industry  (ZAG:KOEI) Operating Income Explanation

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

Koncar - Electrical Industry's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=170.412 * ( 1 - 7.41% )/( (752.792 + 911.429)/ 2 )
=157.7844708/832.1105
=18.96 %

where

Invested Capital(Q: Sep. 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))
=1095.304 - 144.538 - ( 197.974 - max(0, 418.953 - 736.929+197.974))
=752.792

Invested Capital(Q: Dec. 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))
=1255.898 - 186 - ( 158.469 - max(0, 536.432 - 887.752+158.469))
=911.429

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

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

Koncar - Electrical Industry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=204.496/( ( (230.861 + max(77.032, 0)) + (244.535 + max(61.246, 0)) )/ 2 )
=204.496/( ( 307.893 + 305.781 )/ 2 )
=204.496/306.837
=66.65 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(264.245 + 210.296 + 7.0649999999999) - (144.538 + 0 + 260.036)
=77.032

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(334.858 + 229.535 + 6.412) - (186 + 0 + 323.559)
=61.246

When net working capital is negative, 0 is used.

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

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

Koncar - Electrical Industry's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=42.603/321.048
=13.27 %

* 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.


Koncar - Electrical Industry Operating Income Related Terms

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Koncar - Electrical Industry Business Description

Traded in Other Exchanges
N/A
Address
Fallerovo Setaliste 22, Zagreb, HRV, 10000
Koncar - Electrical Industry Inc along with its subsidiaries, is engaged in the production and distribution of electrical machinery and appliances, vehicles, and metalworking. Its operating segments are the Production of electricity, Transmission and distribution of electricity, Rail vehicles and railway infrastructure, and Digital solutions. The firm generates the majority of its revenue from the Transmission and distribution of electricity. This segment includes the production and sale of distribution, special, measuring, and other transformers, transformer boilers, transformer stations, equipment for primary and secondary distribution of electricity, low-voltage plants, monitoring systems, diagnostic, testing, and technical supervision services.

Koncar - Electrical Industry Headlines

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