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.
HBR Realty Empreendimentos Imobiliarios Operating Margin % Related Terms
HBR Realty Empreendimentos Imobiliarios 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.
BSP:HBRE3 vs CBRE, BEKE, CSGP: Operating Margin % Comparison
For the Real Estate Services subindustry, HBR Realty Empreendimentos Imobiliarios'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.
HBR Realty Empreendimentos Imobiliarios Operating Margin % vs Real Estate Industry
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.
HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) has a Operating Margin % of 42.25% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on HBR Realty Empreendimentos Imobiliarios and its competitors. This is 13% below median its historical median of 48.72. Over the past decade, HBR Realty Empreendimentos Imobiliarios' Operating Margin % has ranged from 30.45 to 58.94. According to the industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #467 out of 1745 companies in the Real Estate industry, placing it in the top 26.8%.
Is HBR Realty Empreendimentos Imobiliarios' Operating Margin % too high?
HBR Realty Empreendimentos Imobiliarios' current Operating Margin % of 42.25% is 13% below median its 10-year median of 48.72. Over the past 10 years, this metric has ranged from a low of 30.45 to a high of 58.94. The Real Estate industry median Operating Margin % is 13.21. HBR Realty Empreendimentos Imobiliarios' value of 42.25% is 219.8% above this industry median. Based on the distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #467 out of 1745 companies in the Real Estate industry, which is above the industry midpoint. Overall, HBR Realty Empreendimentos Imobiliarios has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HBR Realty Empreendimentos Imobiliarios' Operating Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #467 out of 1745 companies for Operating Margin %. This puts HBR Realty Empreendimentos Imobiliarios in the upper half of its industry. The industry median Operating Margin % is 13.21. HBR Realty Empreendimentos Imobiliarios' value of 42.25% is 219.8% above this benchmark. Historically, HBR Realty Empreendimentos Imobiliarios' own Operating Margin % has ranged from 30.45 to 58.94 over the past decade. While the company's 10-year median is 48.72 vs. the industry median of 13.21, HBR Realty Empreendimentos Imobiliarios 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. HBR Realty Empreendimentos Imobiliarios's current Operating Margin % of 42.25% is 219.8% 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 HBR Realty Empreendimentos Imobiliarios 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. HBR Realty Empreendimentos Imobiliarios's current Operating Margin % is 42.25%, which is 13% below median its own 10-year median of 48.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBR Realty Empreendimentos Imobiliarios stock overvalued right now?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$16.48, compared to a current price of R$2.59 — trading 84.3% below its estimated fair value. The current Operating Margin % is 42.25%, which is 13% below median its 10-year median of 48.72 and 219.8% above the Real Estate industry median of 13.21. HBR Realty Empreendimentos Imobiliarios' overall GF Score™ is 66/100 with 7 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3), the current Operating Margin % is 42.25% 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Overvalued in 2026?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios stock appears to be undervalued.
The current stock price of R$2.59 is trading 84.3% below its estimated GF Value™ of R$16.48.
GuruFocus considers HBR Realty Empreendimentos Imobiliarios to be Possible Value Trap.
Key valuation signals for BSP:HBRE3:
Operating Margin %: 42.25% (13% below median its 10-year median of 48.72)
GF Value™: R$16.48 vs. price of R$2.59 (84.3% below fair value)
Industry Position: 219.8% above the Real Estate median (#467 of 1745)
No single metric tells the full story. See the BSP:HBRE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HBR Realty Empreendimentos Imobiliarios Business Description
HBR Realty Empreendimentos Imobiliarios SA operates in the real estate development and management division. The company's business is focused on urban properties, distributed over four main platforms that house the developed and developing asset classes. These platforms are ComVem, HBR3A, HBR Malls, and HBR Opportunities. ComVem is a platform dedicated towards the development and administration of convenience centers; the HBR 3A platform is dedicated to the development and management of corporate buildings; the HBR Malls platform is dedicated to the acquisition, development, and management of shopping centers; and HBR Opportunities platform brings together assets of various classes, such as built to suits, development, and management of hotels, parking lots, and others.
66GF Score
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