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HORNBACH Baumarkt AG (HAM:HBM) Operating Income : €0 Mil (TTM As of Feb. 2023)


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What is HORNBACH Baumarkt AG Operating Income?

HORNBACH Baumarkt AG's Operating Income for the three months ended in Feb. 2023 was €0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2023 was €0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. HORNBACH Baumarkt AG's Operating Income for the three months ended in Feb. 2023 was €0 Mil. HORNBACH Baumarkt AG's Revenue for the three months ended in Feb. 2023 was €0 Mil. Therefore, HORNBACH Baumarkt AG's Operating Margin % for the quarter that ended in Feb. 2023 was %.

HORNBACH Baumarkt AG'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. HORNBACH Baumarkt AG's annualized ROC % for the quarter that ended in Feb. 2023 was 0.00%. HORNBACH Baumarkt AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2023 was 0.00%.


HORNBACH Baumarkt AG Operating Income Historical Data

The historical data trend for HORNBACH Baumarkt AG'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.

HORNBACH Baumarkt AG Operating Income Chart

HORNBACH Baumarkt AG Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.47 259.89 289.79 191.75 159.13

HORNBACH Baumarkt AG Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 Feb23 Feb24
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 147.10 39.10 -46.01 - -

HORNBACH Baumarkt AG 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 Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 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.


HORNBACH Baumarkt AG  (HAM:HBM) Operating Income Explanation

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

HORNBACH Baumarkt AG's annualized ROC % for the quarter that ended in Feb. 2023 is calculated as:

ROC % (Q: Feb. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2022 ) + Invested Capital (Q: Feb. 2023 ))/ count )
=0 * ( 1 - 0% )/( (3344.063 + 3652.697)/ 2 )
=0/3498.38
=0.00 %

where

Invested Capital(Q: Feb. 2022 )
=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))
=4084.355 - 450.023 - ( 290.269 - max(0, 849.794 - 1567.283+290.269))
=3344.063

Invested Capital(Q: Feb. 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))
=4468.452 - 422.847 - ( 392.908 - max(0, 1238.463 - 1828.072+392.908))
=3652.697

Note: The Operating Income data used here is four times the quarterly (Feb. 2023) data.

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

HORNBACH Baumarkt AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2022  Q: Feb. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (2450.238 + max(497.193, 0)) + (2552.079 + max(438.698, 0)) )/ 2 )
=0/( ( 2947.431 + 2990.777 )/ 2 )
=0/2969.104
=0.00 %

where Working Capital is:

Working Capital(Q: Feb. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.232 + 1169.279 + 5.8629999999998) - (450.023 + 0 + 244.158)
=497.193

Working Capital(Q: Feb. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.56 + 1308.797 + 7.9449999999999) - (422.847 + 0 + 475.757)
=438.698

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2023) EBIT data.

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

HORNBACH Baumarkt AG's Operating Margin % for the quarter that ended in Feb. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2023 )/Revenue (Q: Feb. 2023 )
=0/0
= %

* 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.


HORNBACH Baumarkt AG Operating Income Related Terms

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HORNBACH Baumarkt AG (HAM:HBM) Business Description

Traded in Other Exchanges
N/A
Address
Hornbachstrasse, Pfalz, Bornheim bei Landau, RP, DEU, 76878
HORNBACH Baumarkt AG is a German company that operates megastores and offers do-it-yourself (DIY), home improvement, and gardening products. The company also operates in other European countries, including Austria, the Netherlands, the Czech Republic, Switzerland, and Romania. The company conducts its activities through its Retail and Real estate segments. The Retail segment operates DIY megastores and garden centers, while the Real estate segment focuses on retail properties. The stores' product range includes hardware/electrical, paint/wallpaper/flooring, construction materials, sanitary tiles, and garden products. The majority of the company's sales are derived from its retail segment.