MRV Engenharia e Participacoes (BSP:MRVE3) Operating Margin %: 12.61% (As of Mar. 2026) — 13% Above Median


BSP:MRVE3 MRV Engenharia e Participacoes SA BSP:MRVE3
66 GF Score
Price R$5.01
GF Value R$9.61
Valuation Possible Value Trap
! 5 Warning Signs
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What is MRV Engenharia e Participacoes Operating Margin %?

MRV Engenharia e Participacoes BSP:MRVE3 +2.24% 66 Operating Margin % is 12.61% as of Mar. 2026, which is 13% above its 10-year median of 11.17. GuruFocus rates BSP:MRVE3 with a GF Score™ of 66/100 and a GF Value™ of R$9.61 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,745 Real Estate companies, MRV Engenharia e Participacoes ranks worse than 50.37% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. MRV Engenharia e Participacoes's Operating Income for the three months ended in Mar. 2026 was R$350 Mil. MRV Engenharia e Participacoes's Revenue for the three months ended in Mar. 2026 was R$2,776 Mil. Therefore, MRV Engenharia e Participacoes's Operating Margin % for the quarter that ended in Mar. 2026 was 12.61%.

The historical rank and industry rank for MRV Engenharia e Participacoes's Operating Margin % or its related term are showing as below:

BSP:MRVE3' s Operating Margin % Range Over the Past 10 Years
Min: -2.8   Med: 11.17   Max: 14.71
Current: 12.98


BSP:MRVE3's Operating Margin % is ranked worse than
50.37% of 1745 companies
in the Real Estate industry
Industry Median: 13.21 vs BSP:MRVE3: 12.98

MRV Engenharia e Participacoes's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

MRV Engenharia e Participacoes's Operating Income for the three months ended in Mar. 2026 was R$350 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was R$1,480 Mil.

Warning Sign:

MRV Engenharia e Participacoes SA has recorded a loss in operating income at least once over the past 3 years.


MRV Engenharia e Participacoes  (BSP:MRVE3) 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.


MRV Engenharia e Participacoes Operating Margin % Related Terms


MRV Engenharia e Participacoes Operating Margin % Historical Data

* Premium members only.

The historical data trend for MRV Engenharia e Participacoes'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.

MRV Engenharia e Participacoes Operating Margin % Chart

MRV Engenharia e Participacoes 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 7.56 -2.80 0.71 6.59 12.26

MRV Engenharia e Participacoes 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 9.05 11.42 13.17 14.54 12.61

MRV Engenharia e Participacoes Operating Margin % Competitor Comparison

For the Real Estate - Development subindustry, MRV Engenharia e Participacoes'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.


MRV Engenharia e Participacoes Operating Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, MRV Engenharia e Participacoes's Operating Margin % distribution charts can be found below:

* The bar in red indicates where MRV Engenharia e Participacoes's Operating Margin % falls into.


BSP:MRVE3
66GF Score
MRV Engenharia e Participacoes SA BSP:MRVE3
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MRV Engenharia e Participacoes 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.

MRV Engenharia e Participacoes'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 )
=1336.595 / 10906.236
=12.26 %

MRV Engenharia e Participacoes'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 )
=350.061 / 2776.197
=12.61 %

* 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 12.61% mean?
MRV Engenharia e Participacoes (BSP:MRVE3) has a Operating Margin % of 12.61% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on MRV Engenharia e Participacoes and its competitors. This is 13% above median its historical median of 11.17. According to the industry distribution chart, MRV Engenharia e Participacoes ranks #879 out of 1745 companies in the Real Estate industry, placing it in the top 50.4%.
Is MRV Engenharia e Participacoes' Operating Margin % too high?
MRV Engenharia e Participacoes' current Operating Margin % of 12.61% is 13% above median its 10-year median of 11.17. The Real Estate industry median Operating Margin % is 13.21. MRV Engenharia e Participacoes' value of 12.61% is 4.5% below this industry median. Based on the distribution chart, MRV Engenharia e Participacoes ranks #879 out of 1745 companies in the Real Estate industry, which is below the industry midpoint. Overall, MRV Engenharia e Participacoes 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 MRV Engenharia e Participacoes' Operating Margin % compare to competitors?
According to the Real Estate industry distribution chart, MRV Engenharia e Participacoes ranks #879 out of 1745 companies for Operating Margin %. This places MRV Engenharia e Participacoes in the lower half of its industry. The industry median Operating Margin % is 13.21. MRV Engenharia e Participacoes' value of 12.61% is 4.5% below this benchmark. While the company's 10-year median is 11.17 vs. the industry median of 13.21, MRV Engenharia e Participacoes has consistently been below 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. MRV Engenharia e Participacoes's current Operating Margin % of 12.61% is 4.5% below 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 MRV Engenharia e Participacoes 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. MRV Engenharia e Participacoes's current Operating Margin % is 12.61%, which is 13% above median its own 10-year median of 11.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRV Engenharia e Participacoes stock overvalued right now?
Based on GuruFocus' analysis, MRV Engenharia e Participacoes (BSP:MRVE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$9.61, compared to a current price of R$5.01 — trading 47.9% below its estimated fair value. The current Operating Margin % is 12.61%, which is 13% above median its 10-year median of 11.17 and 4.5% below the Real Estate industry median of 13.21. MRV Engenharia e Participacoes' overall GF Score™ is 66/100 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 MRV Engenharia e Participacoes (BSP:MRVE3), the current Operating Margin % is 12.61% 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 MRV Engenharia e Participacoes (BSP:MRVE3) Overvalued in 2026?

Based on GuruFocus' analysis, MRV Engenharia e Participacoes stock appears to be undervalued. The current stock price of R$5.01 is trading 47.9% below its estimated GF Value™ of R$9.61. GuruFocus considers MRV Engenharia e Participacoes to be Possible Value Trap.

Key valuation signals for BSP:MRVE3:

  • Operating Margin %: 12.61% (13% above median its 10-year median of 11.17)
  • GF Value™: R$9.61 vs. price of R$5.01 (47.9% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 4.5% below the Real Estate median (#879 of 1745)

No single metric tells the full story. See the BSP:MRVE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MRV Engenharia e Participacoes Business Description

Address 621 Professor Mario Werneck Avenida, Estoril, 1st Floor, Belo Horizonte, MG, BRA, 30455-610
MRV Engenharia e Participacoes SA is engaged in the management of own and third-party assets, development, construction and sale of Company-owned or third-party real estate, the provision of technical engineering services related to the functions of the technicians in charge, real estate consultancy services, dealing service of goods and services supply in residential real estate segment and holding equity interests in other companies as a shareholder. Real estate development and the construction of real estate are performed directly by the Company or other business partners. The operating segments of the company are Real estate development, Luggo, Resia and Land development. With the majority of revenue is from Real estate development.
66GF Score

Get the complete analysis for BSP:MRVE3

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

R$5.01
Price
R$9.61
GF Value