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Track & Field CoBSP:TFCO4 +2.79%97 Operating Margin % is 21.51% as of Mar. 2026, which is 3% above its 10-year median of 20.79. GuruFocus rates BSP:TFCO4 with a GF Score™ of 97/100 and a GF Value™ of R$19.17 (Modestly Undervalued). Among 1,123 Retail - Cyclical companies, Track & Field Co ranks better than 94.84% on this metric.
Track & Field Co SA operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Track & Field Co's Operating Margin % or its related term are showing as below:
BSP:TFCO4'
s Operating Margin % Range Over the Past 10 Years
Min: 13.78 Med: 20.79 Max: 23.83
Current: 20.57
BSP:TFCO4's Operating Margin % is ranked better than 94.84% of 1123
companies
in the Retail - Cyclical industry
Industry Median: 3.93
vs BSP:TFCO4: 20.57
Track & Field Co's 5-Year Average Operating Margin % Growth Rate was 4.20% per year.
Track & Field Co (BSP:TFCO4) 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.
Track & Field Co Operating Margin % Related Terms
Track & Field Co Operating Margin % Historical Data
* Premium members only.
The historical data trend for Track & Field Co'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:TFCO4 vs TJX, ROST, BURL: Operating Margin % Comparison
For the Apparel Retail subindustry, Track & Field Co'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.
Track & Field Co Operating Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Track & Field Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Track & Field Co'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.
Track & Field Co'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.
Track & Field Co (BSP:TFCO4) has a Operating Margin % of 21.51% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Track & Field Co and its competitors. This is near median its historical median of 20.79. Over the past decade, Track & Field Co's Operating Margin % has ranged from 13.78 to 23.83. According to the industry distribution chart, Track & Field Co ranks #58 out of 1123 companies in the Retail - Cyclical industry, placing it in the top 5.2%.
Is Track & Field Co's Operating Margin % too high?
Track & Field Co's current Operating Margin % of 21.51% is near median its 10-year median of 20.79. Over the past 10 years, this metric has ranged from a low of 13.78 to a high of 23.83. The Retail - Cyclical industry median Operating Margin % is 3.93. Track & Field Co's value of 21.51% is 447.3% above this industry median. Based on the distribution chart, Track & Field Co ranks #58 out of 1123 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Track & Field Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Track & Field Co's Operating Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Track & Field Co ranks #58 out of 1123 companies for Operating Margin %. This places Track & Field Co in the top 5% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.93. Track & Field Co's value of 21.51% is 447.3% above this benchmark. Historically, Track & Field Co's own Operating Margin % has ranged from 13.78 to 23.83 over the past decade. While the company's 10-year median is 20.79 vs. the industry median of 3.93, Track & Field Co 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.93, based on 1,123 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. Track & Field Co's current Operating Margin % of 21.51% is 447.3% 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 Track & Field Co and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Track & Field Co's current Operating Margin % is 21.51%, which is near median its own 10-year median of 20.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Track & Field Co stock overvalued right now?
Based on GuruFocus' analysis, Track & Field Co (BSP:TFCO4) is currently considered Modestly Undervalued. The stock's GF Value™ is R$19.17, compared to a current price of R$15.11 — trading 21.2% below its estimated fair value. The current Operating Margin % is 21.51%, which is near median its 10-year median of 20.79 and 447.3% above the Retail - Cyclical industry median of 3.93. Track & Field Co's overall GF Score™ is 97/100. 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 Track & Field Co (BSP:TFCO4), the current Operating Margin % is 21.51% 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 Track & Field Co (BSP:TFCO4) Overvalued in 2026?
Based on GuruFocus' analysis, Track & Field Co stock appears to be undervalued.
The current stock price of R$15.11 is trading 21.2% below its estimated GF Value™ of R$19.17.
GuruFocus considers Track & Field Co to be Modestly Undervalued.
Key valuation signals for BSP:TFCO4:
Operating Margin %: 21.51% (near median its 10-year median of 20.79)
GF Value™: R$19.17 vs. price of R$15.11 (21.2% below fair value)
Industry Position: 447.3% above the Retail - Cyclical median (#58 of 1123)
No single metric tells the full story. See the BSP:TFCO4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Track & Field Co SA is a sports apparel retailer. The company is engaged in the development and sale of sports and general leisure products (footwear, apparel, equipment, and accessories) originating from the domestic and foreign markets, and holding interests in other entities, conducting business franchise management, franchising, and promoting and organizing sporting events, and operating in the food industry. It operates in single segment, i.e., the retail industry, which comprises the development and sale of clothing, accessories and sporting experiences aimed at reinforcing the brand positioning and boosting the flow of customers to the stores.
97GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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