Marisa Lojas (BSP:AMAR3) Operating Margin %: -2.96% (As of Mar. 2026)


BSP:AMAR3 Marisa Lojas SA BSP:AMAR3
26 GF Score
Price R$0.61
GF Value R$0.35
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Marisa Lojas Operating Margin %?

Marisa Lojas BSP:AMAR3 -3.17% 26 Operating Margin % is -2.96% as of Mar. 2026. GuruFocus rates BSP:AMAR3 with a GF Score™ of 26/100 and a GF Value™ of R$0.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Marisa Lojas ranks better than 77.84% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Marisa Lojas's Operating Income for the three months ended in Mar. 2026 was R$-8 Mil. Marisa Lojas's Revenue for the three months ended in Mar. 2026 was R$286 Mil. Therefore, Marisa Lojas's Operating Margin % for the quarter that ended in Mar. 2026 was -2.96%.

The historical rank and industry rank for Marisa Lojas's Operating Margin % or its related term are showing as below:

BSP:AMAR3' s Operating Margin % Range Over the Past 10 Years
Min: -13.37   Med: 0.48   Max: 17.38
Current: 10.01


BSP:AMAR3's Operating Margin % is ranked better than
77.84% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 3.905 vs BSP:AMAR3: 10.01

Marisa Lojas's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Marisa Lojas's Operating Income for the three months ended in Mar. 2026 was R$-8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was R$147 Mil.


Marisa Lojas  (BSP:AMAR3) 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 Nokia’s 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.


Marisa Lojas Operating Margin % Related Terms


Marisa Lojas Operating Margin % Historical Data

* Premium members only.

The historical data trend for Marisa Lojas'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.

Marisa Lojas Operating Margin % Chart

Marisa Lojas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.43 -0.25 -13.37 -1.40 17.38

Marisa Lojas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % 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 13.84 17.32 18.76 5.48 -2.96

BSP:AMAR3 vs TJX, ROST, BURL: Operating Margin % Comparison

For the Apparel Retail subindustry, Marisa Lojas'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.


Marisa Lojas Operating Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Marisa Lojas's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Marisa Lojas's Operating Margin % falls into.


BSP:AMAR3
26GF Score
Marisa Lojas SA BSP:AMAR3
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Marisa Lojas 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.

Marisa Lojas's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=257.746 / 1483.225
=17.38 %

Marisa Lojas's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-8.48 / 286.454
=-2.96 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -2.96% mean?
Marisa Lojas (BSP:AMAR3) has a Operating Margin % of -2.96% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Marisa Lojas and its competitors. According to the industry distribution chart, Marisa Lojas ranks #250 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 22.2%.
Is Marisa Lojas' Operating Margin % too high?
Marisa Lojas' current Operating Margin % is -2.96%. Based on the distribution chart, Marisa Lojas ranks #250 out of 1128 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Marisa Lojas has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marisa Lojas' Operating Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Marisa Lojas ranks #250 out of 1128 companies for Operating Margin %. This places Marisa Lojas in the top 22% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.91. 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.91, based on 1,128 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. 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 Marisa Lojas and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marisa Lojas's current Operating Margin % is -2.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marisa Lojas stock overvalued right now?
Based on GuruFocus' analysis, Marisa Lojas (BSP:AMAR3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$0.35, compared to a current price of R$0.61 — trading 74.3% above its estimated fair value. The current Operating Margin % is -2.96%. Marisa Lojas' overall GF Score™ is 26/100 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 Marisa Lojas (BSP:AMAR3), the current Operating Margin % is -2.96% 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 Marisa Lojas (BSP:AMAR3) Overvalued in 2026?

Based on GuruFocus' analysis, Marisa Lojas stock appears to be overvalued. The current stock price of R$0.61 is trading 74.3% above its estimated GF Value™ of R$0.35. GuruFocus considers Marisa Lojas to be Significantly Overvalued.

Key valuation signals for BSP:AMAR3:

  • Operating Margin %: -2.96%
  • GF Value™: R$0.35 vs. price of R$0.61 (74.3% above fair value)
  • GF Score™: 26/100 with 5 warning signs

No single metric tells the full story. See the BSP:AMAR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marisa Lojas Business Description

Address Rua James Holland, 422, Barra Funda, Sao Paulo, SP, BRA, 1138050
Marisa Lojas SA is a retail store operator in Brazil. Its stores offer products related to fashion, underwear, footwear, and accessories for women, men, and children. Its products also include beds, tablecloths, children's bathrobes, and towels for home use. The company's income derives from three operating segments. The retail segment, which is the key revenue generator, includes the sale of clothing items, perfumes, beauty products, and watches, in physical stores and e-commerce. The credit card transactions segment is managed by the subsidiary and offered to the company's clients for the credit purchase of products, insurance, and payment of bills. The consumer credit segment offers personal loans to the company's consumers.
26GF Score

Get the complete analysis for BSP:AMAR3

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$0.61
Price
R$0.35
GF Value