Havanna Holding (BUE:HAVA) Operating Margin %: 23.01% (As of Mar. 2026) — 45% Above Median


BUE:HAVA Havanna Holding SA BUE:HAVA
83 GF Score
Price ARS5,490.00
GF Value ARS6,813.73
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Havanna Holding Operating Margin %?

Havanna Holding BUE:HAVA +0.18% 83 Operating Margin % is 23.01% as of Mar. 2026, which is 45% above its 10-year median of 15.85. GuruFocus rates BUE:HAVA with a GF Score™ of 83/100 and a GF Value™ of ARS6,813.73 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 365 Restaurants companies, Havanna Holding ranks better than 93.15% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Havanna Holding's Operating Income for the three months ended in Mar. 2026 was ARS11,836 Mil. Havanna Holding's Revenue for the three months ended in Mar. 2026 was ARS51,430 Mil. Therefore, Havanna Holding's Operating Margin % for the quarter that ended in Mar. 2026 was 23.01%.

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

BUE:HAVA' s Operating Margin % Range Over the Past 10 Years
Min: -8.68   Med: 15.85   Max: 28.32
Current: 16.78


BUE:HAVA's Operating Margin % is ranked better than
93.15% of 365 companies
in the Restaurants industry
Industry Median: 4.26 vs BUE:HAVA: 16.78

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

Havanna Holding's Operating Income for the three months ended in Mar. 2026 was ARS11,836 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ARS27,602 Mil.


Havanna Holding  (BUE:HAVA) 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.


Havanna Holding Operating Margin % Related Terms


Havanna Holding Operating Margin % Historical Data

* Premium members only.

The historical data trend for Havanna Holding'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.

Havanna Holding Operating Margin % Chart

Havanna Holding 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 20.00 28.32 24.76 21.28 17.12

Havanna Holding 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 24.93 8.93 14.70 16.07 23.01

BUE:HAVA vs MCD, SBUX, CMG: Operating Margin % Comparison

For the Restaurants subindustry, Havanna Holding'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.


Havanna Holding Operating Margin % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Havanna Holding's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Havanna Holding's Operating Margin % falls into.


BUE:HAVA
83GF Score
Havanna Holding SA BUE:HAVA
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Havanna Holding 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.

Havanna Holding'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 )
=27030.404 / 157888.484
=17.12 %

Havanna Holding'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 )
=11836.271 / 51430.337
=23.01 %

* 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 23.01% mean?
Havanna Holding (BUE:HAVA) has a Operating Margin % of 23.01% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Havanna Holding and its competitors. This is 45% above median its historical median of 15.85. According to the industry distribution chart, Havanna Holding ranks #25 out of 365 companies in the Restaurants industry, placing it in the top 6.8%.
Is Havanna Holding's Operating Margin % too high?
Havanna Holding's current Operating Margin % of 23.01% is 45% above median its 10-year median of 15.85. The Restaurants industry median Operating Margin % is 4.26. Havanna Holding's value of 23.01% is 440.1% above this industry median. Based on the distribution chart, Havanna Holding ranks #25 out of 365 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Havanna Holding has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Havanna Holding's Operating Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Havanna Holding ranks #25 out of 365 companies for Operating Margin %. This places Havanna Holding in the top 7% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.26. Havanna Holding's value of 23.01% is 440.1% above this benchmark. While the company's 10-year median is 15.85 vs. the industry median of 4.26, Havanna Holding 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 Restaurants company?
The median Operating Margin % among Restaurants companies is 4.26, based on 365 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. Havanna Holding's current Operating Margin % of 23.01% is 440.1% 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 Havanna Holding and its competitors. For the Restaurants industry, the median Operating Margin % is 4.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havanna Holding's current Operating Margin % is 23.01%, which is 45% above median its own 10-year median of 15.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havanna Holding stock overvalued right now?
Based on GuruFocus' analysis, Havanna Holding (BUE:HAVA) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS6,813.73, compared to a current price of ARS5,490.00 — trading 19.4% below its estimated fair value. The current Operating Margin % is 23.01%, which is 45% above median its 10-year median of 15.85 and 440.1% above the Restaurants industry median of 4.26. Havanna Holding's overall GF Score™ is 83/100 with 3 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 Havanna Holding (BUE:HAVA), the current Operating Margin % is 23.01% 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 Havanna Holding (BUE:HAVA) Overvalued in 2026?

Based on GuruFocus' analysis, Havanna Holding stock appears to be undervalued. The current stock price of ARS5,490.00 is trading 19.4% below its estimated GF Value™ of ARS6,813.73. GuruFocus considers Havanna Holding to be Modestly Undervalued.

Key valuation signals for BUE:HAVA:

  • Operating Margin %: 23.01% (45% above median its 10-year median of 15.85)
  • GF Value™: ARS6,813.73 vs. price of ARS5,490.00 (19.4% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 440.1% above the Restaurants median (#25 of 365)

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


Havanna Holding Business Description

Address Costa Rica, Buenos Aires, ARG, 4161
Havanna Holding SA is an investment company. Through its subsidiaries, it operates coffee stores franchises in Argentina, Chile. Brazil, Venezuela, Bolivia, Paraguay, Uruguay, Peru, Mexico and Spain. Its products are cookies, chocolates, lattes, frappes.
83GF Score

Get the complete analysis for BUE:HAVA

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

ARS5,490.00
Price
ARS6,813.73
GF Value