Bolsa de Valores de Colombia (BOG:BVC) 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.
Bolsa de Valores de Colombia Operating Margin % Related Terms
Bolsa de Valores de Colombia 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.
Bolsa de Valores de Colombia Operating Margin % Chart
BOG:BVC vs SPGI, CME, ICE: Operating Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, Bolsa de Valores de Colombia'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.
Bolsa de Valores de Colombia Operating Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bolsa de Valores de Colombia's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Bolsa de Valores de Colombia's Operating Margin % falls into.
Bolsa de Valores de Colombia 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.
* 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.
Bolsa de Valores de Colombia (BOG:BVC) has a Operating Margin % of 49.86% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Bolsa de Valores de Colombia and its competitors. This is 77% above median its historical median of 28.24. Over the past decade, Bolsa de Valores de Colombia's Operating Margin % has ranged from 21.77 to 47.66. According to the industry distribution chart, Bolsa de Valores de Colombia ranks #124 out of 664 companies in the Capital Markets industry, placing it in the top 18.7%.
Is Bolsa de Valores de Colombia's Operating Margin % too high?
Bolsa de Valores de Colombia's current Operating Margin % of 49.86% is 77% above median its 10-year median of 28.24. Over the past 10 years, this metric has ranged from a low of 21.77 to a high of 47.66. The Capital Markets industry median Operating Margin % is 6.96. Bolsa de Valores de Colombia's value of 49.86% is 616.9% above this industry median. Based on the distribution chart, Bolsa de Valores de Colombia ranks #124 out of 664 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Bolsa de Valores de Colombia has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bolsa de Valores de Colombia's Operating Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Bolsa de Valores de Colombia ranks #124 out of 664 companies for Operating Margin %. This places Bolsa de Valores de Colombia in the top 19% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.96. Bolsa de Valores de Colombia's value of 49.86% is 616.9% above this benchmark. Historically, Bolsa de Valores de Colombia's own Operating Margin % has ranged from 21.77 to 47.66 over the past decade. While the company's 10-year median is 28.24 vs. the industry median of 6.96, Bolsa de Valores de Colombia 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 Capital Markets company?
The median Operating Margin % among Capital Markets companies is 6.96, based on 664 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. Bolsa de Valores de Colombia's current Operating Margin % of 49.86% is 616.9% 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 Bolsa de Valores de Colombia and its competitors. For the Capital Markets industry, the median Operating Margin % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bolsa de Valores de Colombia's current Operating Margin % is 49.86%, which is 77% above median its own 10-year median of 28.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bolsa de Valores de Colombia stock overvalued right now?
Based on GuruFocus' analysis, Bolsa de Valores de Colombia (BOG:BVC) is currently considered Modestly Overvalued. The stock's GF Value™ is COP14,066.39, compared to a current price of COP16,380.00 — trading 16.4% above its estimated fair value. The current Operating Margin % is 49.86%, which is 77% above median its 10-year median of 28.24 and 616.9% above the Capital Markets industry median of 6.96. Bolsa de Valores de Colombia's overall GF Score™ is 68/100 with 8 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 Bolsa de Valores de Colombia (BOG:BVC), the current Operating Margin % is 49.86% 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 Bolsa de Valores de Colombia (BOG:BVC) Overvalued in 2026?
Based on GuruFocus' analysis, Bolsa de Valores de Colombia stock appears to be overvalued.
The current stock price of COP16,380.00 is trading 16.4% above its estimated GF Value™ of COP14,066.39.
GuruFocus considers Bolsa de Valores de Colombia to be Modestly Overvalued.
Key valuation signals for BOG:BVC:
Operating Margin %: 49.86% (77% above median its 10-year median of 28.24)
GF Value™: COP14,066.39 vs. price of COP16,380.00 (16.4% above fair value)
Industry Position: 616.9% above the Capital Markets median (#124 of 664)
No single metric tells the full story. See the BOG:BVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bolsa de Valores de Colombia SA is a operator of the Colombian capital markets infrastructure. The company offers solutions and services for Issuers (issuer services and issuances), Trading (access, transactions, and registration), Post-trading (risk management, clearing, settlement, custody, and securities administration), and Information (market information and price provision) in the transactional and OTC markets for equities, fixed income, derivatives, and foreign exchange.
68GF Score
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