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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.
Joao Fortes Engenharia Operating Margin % Related Terms
Joao Fortes Engenharia Operating Margin % Historical Data
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The historical data trend for Joao Fortes Engenharia'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.
BSP:JFEN3 vs CBRE, BEKE, JLL: Operating Margin % Comparison
For the Real Estate Services subindustry, Joao Fortes Engenharia'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.
Joao Fortes Engenharia Operating Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Joao Fortes Engenharia's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Joao Fortes Engenharia'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.
Joao Fortes Engenharia'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.
Joao Fortes Engenharia (BSP:JFEN3) has a Operating Margin % of -167.42% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Joao Fortes Engenharia and its competitors. According to the industry distribution chart, Joao Fortes Engenharia ranks #1676 out of 1747 companies in the Real Estate industry, placing it in the top 95.9%.
Is Joao Fortes Engenharia's Operating Margin % too high?
Joao Fortes Engenharia's current Operating Margin % is -167.42%. Based on the distribution chart, Joao Fortes Engenharia ranks #1676 out of 1747 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Joao Fortes Engenharia has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Joao Fortes Engenharia's Operating Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Joao Fortes Engenharia ranks #1676 out of 1747 companies for Operating Margin %. This places Joao Fortes Engenharia in the lower half of its industry. The industry median Operating Margin % is 13.39. 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 13.39, based on 1,747 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 Joao Fortes Engenharia and its competitors. For the Real Estate industry, the median Operating Margin % is 13.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joao Fortes Engenharia's current Operating Margin % is -167.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joao Fortes Engenharia stock overvalued right now?
Based on GuruFocus' analysis, Joao Fortes Engenharia (BSP:JFEN3) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.04, compared to a current price of R$0.61 — trading 41.3% below its estimated fair value. The current Operating Margin % is -167.42%. Joao Fortes Engenharia's overall GF Score™ is 33/100 with 4 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 Joao Fortes Engenharia (BSP:JFEN3), the current Operating Margin % is -167.42% 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 Joao Fortes Engenharia (BSP:JFEN3) Overvalued in 2026?
Based on GuruFocus' analysis, Joao Fortes Engenharia stock appears to be undervalued.
The current stock price of R$0.61 is trading 41.3% below its estimated GF Value™ of R$1.04.
GuruFocus considers Joao Fortes Engenharia to be Possible Value Trap.
Key valuation signals for BSP:JFEN3:
Operating Margin %: -167.42%
GF Value™: R$1.04 vs. price of R$0.61 (41.3% below fair value)
No single metric tells the full story. See the BSP:JFEN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Joao Fortes Engenharia SA is engaged in the development, marketing and management of residential, commercial and industrial building, such as residential houses, commercial and business centers, corporate headquarters, hotels and special projects.
33GF Score
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