Afric Industries (CAS:AFI) Operating Margin %: 16.96% (As of Dec. 2025) — 22% Below Median


CAS:AFI Afric Industries SA CAS:AFI
66 GF Score
Price MAD336.95
GF Value MAD338.88
Valuation Fairly Valued
! 6 Warning Signs
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What is Afric Industries Operating Margin %?

Afric Industries CAS:AFI -0.01% 66 Operating Margin % is 16.96% as of Dec. 2025, which is 22% below its 10-year median of 21.71. GuruFocus rates CAS:AFI with a GF Score™ of 66/100 and a GF Value™ of MAD338.88 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,585 Chemicals companies, Afric Industries ranks better than 90.85% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Afric Industries's Operating Income for the six months ended in Dec. 2025 was MAD3.84 Mil. Afric Industries's Revenue for the six months ended in Dec. 2025 was MAD22.63 Mil. Therefore, Afric Industries's Operating Margin % for the quarter that ended in Dec. 2025 was 16.96%.

Warning Sign:

Afric Industries SA operating margin has been in a 5-year decline. The average rate of decline per year is -9%.

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

CAS:AFI' s Operating Margin % Range Over the Past 10 Years
Min: 13.93   Med: 21.71   Max: 26.13
Current: 19.21


CAS:AFI's Operating Margin % is ranked better than
90.85% of 1585 companies
in the Chemicals industry
Industry Median: 6.02 vs CAS:AFI: 19.21

Afric Industries's 5-Year Average Operating Margin % Growth Rate was -9.00% per year.

Afric Industries's Operating Income for the six months ended in Dec. 2025 was MAD3.84 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was MAD8.44 Mil.


Afric Industries  (CAS:AFI) 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.


Afric Industries Operating Margin % Related Terms


Afric Industries Operating Margin % Historical Data

* Premium members only.

The historical data trend for Afric Industries'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.

Afric Industries Operating Margin % Chart

Afric Industries 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 26.13 21.34 13.93 16.08 19.21

Afric Industries Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 13.93 17.61 14.77 21.60 16.96

CAS:AFI vs LIN, SHW, ECL: Operating Margin % Comparison

For the Specialty Chemicals subindustry, Afric Industries'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.


Afric Industries Operating Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Afric Industries's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Afric Industries's Operating Margin % falls into.


CAS:AFI
66GF Score
Afric Industries SA CAS:AFI
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Afric Industries 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.

Afric Industries'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 )
=8.444 / 43.952
=19.21 %

Afric Industries's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=3.838 / 22.629
=16.96 %

* 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 16.96% mean?
Afric Industries (CAS:AFI) has a Operating Margin % of 16.96% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Afric Industries and its competitors. This is 22% below median its historical median of 21.71. Over the past decade, Afric Industries' Operating Margin % has ranged from 13.93 to 26.13. According to the industry distribution chart, Afric Industries ranks #145 out of 1585 companies in the Chemicals industry, placing it in the top 9.1%.
Is Afric Industries' Operating Margin % too high?
Afric Industries' current Operating Margin % of 16.96% is 22% below median its 10-year median of 21.71. Over the past 10 years, this metric has ranged from a low of 13.93 to a high of 26.13. The Chemicals industry median Operating Margin % is 6.02. Afric Industries' value of 16.96% is 181.7% above this industry median. Based on the distribution chart, Afric Industries ranks #145 out of 1585 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Afric Industries has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Afric Industries' Operating Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Afric Industries ranks #145 out of 1585 companies for Operating Margin %. This places Afric Industries in the top 9% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.02. Afric Industries' value of 16.96% is 181.7% above this benchmark. Historically, Afric Industries' own Operating Margin % has ranged from 13.93 to 26.13 over the past decade. While the company's 10-year median is 21.71 vs. the industry median of 6.02, Afric Industries 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 Chemicals company?
The median Operating Margin % among Chemicals companies is 6.02, based on 1,585 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. Afric Industries's current Operating Margin % of 16.96% is 181.7% 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 Afric Industries and its competitors. For the Chemicals industry, the median Operating Margin % is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afric Industries's current Operating Margin % is 16.96%, which is 22% below median its own 10-year median of 21.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afric Industries stock overvalued right now?
Based on GuruFocus' analysis, Afric Industries (CAS:AFI) is currently considered Fairly Valued. The stock's GF Value™ is MAD338.88, compared to a current price of MAD336.95 — trading 0.6% below its estimated fair value. The current Operating Margin % is 16.96%, which is 22% below median its 10-year median of 21.71 and 181.7% above the Chemicals industry median of 6.02. Afric Industries' overall GF Score™ is 66/100 with 6 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 Afric Industries (CAS:AFI), the current Operating Margin % is 16.96% as of Dec. 2025. 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 Afric Industries (CAS:AFI) Overvalued in 2026?

Based on GuruFocus' analysis, Afric Industries stock appears to be undervalued. The current stock price of MAD336.95 is trading 0.6% below its estimated GF Value™ of MAD338.88. GuruFocus considers Afric Industries to be Fairly Valued.

Key valuation signals for CAS:AFI:

  • Operating Margin %: 16.96% (22% below median its 10-year median of 21.71)
  • GF Value™: MAD338.88 vs. price of MAD336.95 (0.6% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 181.7% above the Chemicals median (#145 of 1585)

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


Afric Industries Business Description

Address Lot 107, Street 3, Tetouan Road, Industrial Area of Mghogha, Tangier, MAR, 90000
Afric Industries SA is engaged in the development, production, and marketing of abrasive products of all shapes and sizes. It is also engaged in the manufacturing and sale of tapes and adhesive and self-adhesive tapes; manufacturing, assembling, glazing, installation and marketing of all types of joinery and finished aluminum products and other materials; purchase, sale, import, export, manufacturing, processing, assembly, installation laying of all equipments, materials, tools, accessories, raw materials and spare parts.
66GF Score

Get the complete analysis for CAS:AFI

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

MAD336.95
Price
MAD338.88
GF Value