Alpha Real Estate ServicesATH:ASTAK 72 Operating Margin % is 63.64% as of Dec. 2025, which is 55% above its 10-year median of 41.17. GuruFocus rates ATH:ASTAK with a GF Score™ of 72/100 and a GF Value™ of €12.38 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,745 Real Estate companies, Alpha Real Estate Services ranks better than 87.39% on this metric.
Alpha Real Estate Services (ATH:ASTAK) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
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 Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) 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.
Alpha Real Estate Services Operating Margin % Related Terms
Alpha Real Estate Services Operating Margin % Historical Data
* 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.
Alpha Real Estate Services Operating Margin % Chart
ATH:ASTAK vs CBRE, BEKE, CSGP: Operating Margin % Comparison
For the Real Estate Services subindustry, Alpha Real Estate Services's Operating Margin %, along with its competitors' market caps and Operating 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.
Alpha Real Estate Services Operating Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Alpha Real Estate Services's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Alpha Real Estate Services's Operating Margin % falls into.
Alpha Real Estate Services Operating Margin % Calculation
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Alpha Real Estate Services's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Alpha Real Estate Services (ATH:ASTAK) has a Operating Margin % of 63.64% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Alpha Real Estate Services and its competitors. This is 55% above median its historical median of 41.17. Over the past decade, Alpha Real Estate Services' Operating Margin % has ranged from 17.32 to 56.21. According to the industry distribution chart, Alpha Real Estate Services ranks #220 out of 1745 companies in the Real Estate industry, placing it in the top 12.6%.
Is Alpha Real Estate Services' Operating Margin % too high?
Alpha Real Estate Services' current Operating Margin % of 63.64% is 55% above median its 10-year median of 41.17. Over the past 10 years, this metric has ranged from a low of 17.32 to a high of 56.21. The Real Estate industry median Operating Margin % is 13.21. Alpha Real Estate Services' value of 63.64% is 381.8% above this industry median. Based on the distribution chart, Alpha Real Estate Services ranks #220 out of 1745 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Alpha Real Estate Services has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Real Estate Services' Operating Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Alpha Real Estate Services ranks #220 out of 1745 companies for Operating Margin %. This places Alpha Real Estate Services in the top 13% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 13.21. Alpha Real Estate Services' value of 63.64% is 381.8% above this benchmark. Historically, Alpha Real Estate Services' own Operating Margin % has ranged from 17.32 to 56.21 over the past decade. While the company's 10-year median is 41.17 vs. the industry median of 13.21, Alpha Real Estate Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Real Estate company?
The median Operating Margin % among Real Estate companies is 13.21, based on 1,745 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alpha Real Estate Services's current Operating Margin % of 63.64% is 381.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Alpha Real Estate Services and its competitors. For the Real Estate industry, the median Operating Margin % is 13.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Real Estate Services's current Operating Margin % is 63.64%, which is 55% above median its own 10-year median of 41.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Real Estate Services stock overvalued right now?
Based on GuruFocus' analysis, Alpha Real Estate Services (ATH:ASTAK) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.38, compared to a current price of €7.50 — trading 39.4% below its estimated fair value. The current Operating Margin % is 63.64%, which is 55% above median its 10-year median of 41.17 and 381.8% above the Real Estate industry median of 13.21. Alpha Real Estate Services' overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Alpha Real Estate Services (ATH:ASTAK), the current Operating Margin % is 63.64% as of Dec. 2025. 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 Alpha Real Estate Services (ATH:ASTAK) Overvalued in 2026?
Based on GuruFocus' analysis, Alpha Real Estate Services stock appears to be undervalued.
The current stock price of €7.50 is trading 39.4% below its estimated GF Value™ of €12.38.
GuruFocus considers Alpha Real Estate Services to be Significantly Undervalued.
Key valuation signals for ATH:ASTAK:
Operating Margin %: 63.64% (55% above median its 10-year median of 41.17)
GF Value™: €12.38 vs. price of €7.50 (39.4% below fair value)
Industry Position: 381.8% above the Real Estate median (#220 of 1745)
No single metric tells the full story. See the ATH:ASTAK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpha Real Estate Services SA is engaged in the management and exploitation of properties owned by it or third parties, the provision of technical advice on related matters, the provision of real estate and brokerage services, the preparation of studies of all kinds, the provision of general advice on the above matters, the carrying out of assessments and valuations of assets and mechanical equipment and in general assessments on behalf of third parties on related matters.
72GF Score
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