Ble Kedros REICATH:BLEKEDROS +0.22%87 Operating Margin % is 88.10% as of Dec. 2025, which is 3% above its 10-year median of 85.60. GuruFocus rates ATH:BLEKEDROS with a GF Score™ of 87/100 and a GF Value™ of €5.13 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 749 REITs companies, Ble Kedros REIC ranks better than 92.66% on this metric.
Ble Kedros REIC (ATH:BLEKEDROS) 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.
Ble Kedros REIC Operating Margin % Related Terms
Ble Kedros REIC Operating Margin % Historical Data
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The historical data trend for Ble Kedros REIC's Operating 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.
ATH:BLEKEDROS vs HST, RHP, APLE: Operating Margin % Comparison
For the REIT - Hotel & Motel subindustry, Ble Kedros REIC'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.
Ble Kedros REIC Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Ble Kedros REIC's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Ble Kedros REIC's Operating Margin % falls into.
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.
Ble Kedros REIC'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.
Ble Kedros REIC (ATH:BLEKEDROS) has a Operating Margin % of 88.10% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Ble Kedros REIC and its competitors. This is near median its historical median of 85.60. Over the past decade, Ble Kedros REIC's Operating Margin % has ranged from 70.62 to 95.14. According to the industry distribution chart, Ble Kedros REIC ranks #55 out of 749 companies in the REITs industry, placing it in the top 7.3%.
Is Ble Kedros REIC's Operating Margin % too high?
Ble Kedros REIC's current Operating Margin % of 88.10% is near median its 10-year median of 85.60. Over the past 10 years, this metric has ranged from a low of 70.62 to a high of 95.14. The REITs industry median Operating Margin % is 52.63. Ble Kedros REIC's value of 88.10% is 67.4% above this industry median. Based on the distribution chart, Ble Kedros REIC ranks #55 out of 749 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Ble Kedros REIC has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ble Kedros REIC's Operating Margin % compare to HST and RHP?
According to the REITs industry distribution chart, Ble Kedros REIC ranks #55 out of 749 companies for Operating Margin %. This places Ble Kedros REIC in the top 7% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 52.63. Ble Kedros REIC's value of 88.10% is 67.4% above this benchmark. Historically, Ble Kedros REIC's own Operating Margin % has ranged from 70.62 to 95.14 over the past decade. While the company's 10-year median is 85.60 vs. the industry median of 52.63, Ble Kedros REIC 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 REITs company?
The median Operating Margin % among REITs companies is 52.63, based on 749 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. Ble Kedros REIC's current Operating Margin % of 88.10% is 67.4% 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 Ble Kedros REIC and its competitors. For the REITs industry, the median Operating Margin % is 52.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ble Kedros REIC's current Operating Margin % is 88.10%, which is near median its own 10-year median of 85.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ble Kedros REIC stock overvalued right now?
Based on GuruFocus' analysis, Ble Kedros REIC (ATH:BLEKEDROS) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.13, compared to a current price of €4.47 — trading 12.9% below its estimated fair value. The current Operating Margin % is 88.10%, which is near median its 10-year median of 85.60 and 67.4% above the REITs industry median of 52.63. Ble Kedros REIC's overall GF Score™ is 87/100 with 5 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 Ble Kedros REIC (ATH:BLEKEDROS), the current Operating Margin % is 88.10% 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 Ble Kedros REIC (ATH:BLEKEDROS) Overvalued in 2026?
Based on GuruFocus' analysis, Ble Kedros REIC stock appears to be undervalued.
The current stock price of €4.47 is trading 12.9% below its estimated GF Value™ of €5.13.
GuruFocus considers Ble Kedros REIC to be Modestly Undervalued.
Key valuation signals for ATH:BLEKEDROS:
Operating Margin %: 88.10% (near median its 10-year median of 85.60)
GF Value™: €5.13 vs. price of €4.47 (12.9% below fair value)
Industry Position: 67.4% above the REITs median (#55 of 749)
No single metric tells the full story. See the ATH:BLEKEDROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ble Kedros REIC operates as a Real Estate Investment Company (REIC). It operates in the field of real estate investment, development, and management. Its aim is to create a real estate portfolio that generates consistently high returns and generates stable cash inflows, It invests in commercial real estate which may be utilized immediately such as stores, offices, and industrial buildings, as well as assets for the future development such as plots of land.
87GF Score
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