Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Icelandair Group hf's Net Margin % or its related term are showing as below:
OISE:ICEAIR'
s Net Margin % Range Over the Past 10 Years
Min: -86.11 Med: -0.99 Max: 6.91
Current: -0.6
OISE:ICEAIR's Net Margin % is ranked worse than 81.95% of 1003
companies
in the Transportation industry
Industry Median: 4.93
vs OISE:ICEAIR: -0.60
Icelandair Group hf (OISE:ICEAIR) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Icelandair Group hf Net Margin % Related Terms
Icelandair Group hf Net Margin % Historical Data
* Premium members only.
The historical data trend for Icelandair Group hf's Net Margin % 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.
OISE:ICEAIR vs DAL, UAL, LUV: Net Margin % Comparison
For the Airlines subindustry, Icelandair Group hf's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Icelandair Group hf Net Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Icelandair Group hf's Net Margin % distribution charts can be found below:
* The bar in red indicates where Icelandair Group hf's Net Margin % falls into.
* 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.
Icelandair Group hf (OISE:ICEAIR) has a Net Margin % of -13.42% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Icelandair Group hf and its competitors. According to the industry distribution chart, Icelandair Group hf ranks #822 out of 1003 companies in the Transportation industry, placing it in the top 82%.
Is Icelandair Group hf's Net Margin % too high?
Icelandair Group hf's current Net Margin % is -13.42%. Based on the distribution chart, Icelandair Group hf ranks #822 out of 1003 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Icelandair Group hf has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icelandair Group hf's Net Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Icelandair Group hf ranks #822 out of 1003 companies for Net Margin %. This places Icelandair Group hf in the lower half of its industry. The industry median Net Margin % is 4.93. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Transportation company?
The median Net Margin % among Transportation companies is 4.93, based on 1,003 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Icelandair Group hf and its competitors. For the Transportation industry, the median Net Margin % is 4.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icelandair Group hf's current Net Margin % is -13.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icelandair Group hf stock overvalued right now?
Based on GuruFocus' analysis, Icelandair Group hf (OISE:ICEAIR) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.34, compared to a current price of kr0.74 — trading 44.9% below its estimated fair value. The current Net Margin % is -13.42%. Icelandair Group hf's overall GF Score™ is 50/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Icelandair Group hf (OISE:ICEAIR), the current Net Margin % is -13.42% as of Mar. 2026. 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.
Is Icelandair Group hf (OISE:ICEAIR) Overvalued in 2026?
Based on GuruFocus' analysis, Icelandair Group hf stock appears to be undervalued.
The current stock price of kr0.74 is trading 44.9% below its estimated GF Value™ of kr1.34.
GuruFocus considers Icelandair Group hf to be Possible Value Trap.
Key valuation signals for OISE:ICEAIR:
Net Margin %: -13.42%
GF Value™: kr1.34 vs. price of kr0.74 (44.9% below fair value)
No single metric tells the full story. See the OISE:ICEAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Icelandair Group hf operates in the international airline sector. Its segment is the Route network, which generates maximum revenue and provides passenger air travel to, from, via, and within Iceland. The Cargo operation offers air-freight services to, from, via, and within Iceland by utilizing capacity within the aircraft of the Icelandair passenger network as well as its own freighter and The Leasing operation, provided by Loftleioir-Icelandic ehf., offers aircraft leasing and consulting services to international passenger airlines and tour operators. The Group operates in North America, which generates maximum revenue, as well as Europe, Iceland, and other regions.
50GF Score
Get the complete analysis for OISE:ICEAIR
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OISE:ICEAIR has been successfully added to your 
