Karnov Group ABCHIX:KARS 75 Operating Margin % is 15.11% as of Mar. 2026, which is 27% above its 10-year median of 11.92. GuruFocus rates CHIX:KARS with a GF Score™ of 75/100 and a GF Value™ of kr117.71 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,070 Business Services companies, Karnov Group AB ranks better than 98.04% on this metric.
Karnov Group AB operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Karnov Group AB's Operating Margin % or its related term are showing as below:
CHIX:KARs'
s Operating Margin % Range Over the Past 10 Years
Min: 5.63 Med: 11.92 Max: 43.38
Current: 43.38
CHIX:KARs's Operating Margin % is ranked better than 98.04% of 1070
companies
in the Business Services industry
Industry Median: 6.365
vs CHIX:KARs: 43.38
Karnov Group AB's 5-Year Average Operating Margin % Growth Rate was 5.60% per year.
Karnov Group AB (CHIX:KARs) 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.
Karnov Group AB Operating Margin % Related Terms
Karnov Group AB Operating Margin % Historical Data
* Premium members only.
The historical data trend for Karnov Group AB'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.
CHIX:KARS vs CTAS, CPRT, ULS: Operating Margin % Comparison
For the Specialty Business Services subindustry, Karnov Group AB'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.
Karnov Group AB Operating Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Karnov Group AB's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Karnov Group AB'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.
Karnov Group AB'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.
Karnov Group AB (CHIX:KARS) has a Operating Margin % of 15.11% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Karnov Group AB and its competitors. This is 27% above median its historical median of 11.92. Over the past decade, Karnov Group AB's Operating Margin % has ranged from 5.63 to 43.38. According to the industry distribution chart, Karnov Group AB ranks #21 out of 1070 companies in the Business Services industry, placing it in the top 2%.
Is Karnov Group AB's Operating Margin % too high?
Karnov Group AB's current Operating Margin % of 15.11% is 27% above median its 10-year median of 11.92. Over the past 10 years, this metric has ranged from a low of 5.63 to a high of 43.38. The Business Services industry median Operating Margin % is 6.37. Karnov Group AB's value of 15.11% is 137.4% above this industry median. Based on the distribution chart, Karnov Group AB ranks #21 out of 1070 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Karnov Group AB has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Karnov Group AB's Operating Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Karnov Group AB ranks #21 out of 1070 companies for Operating Margin %. This places Karnov Group AB in the top 2% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.37. Karnov Group AB's value of 15.11% is 137.4% above this benchmark. Historically, Karnov Group AB's own Operating Margin % has ranged from 5.63 to 43.38 over the past decade. While the company's 10-year median is 11.92 vs. the industry median of 6.37, Karnov Group AB 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 Business Services company?
The median Operating Margin % among Business Services companies is 6.37, based on 1,070 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. Karnov Group AB's current Operating Margin % of 15.11% is 137.4% 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 Karnov Group AB and its competitors. For the Business Services industry, the median Operating Margin % is 6.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnov Group AB's current Operating Margin % is 15.11%, which is 27% above median its own 10-year median of 11.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnov Group AB stock overvalued right now?
Based on GuruFocus' analysis, Karnov Group AB (CHIX:KARS) is currently considered Significantly Undervalued. The stock's GF Value™ is kr117.71, compared to a current price of kr64.30 — trading 45.4% below its estimated fair value. The current Operating Margin % is 15.11%, which is 27% above median its 10-year median of 11.92 and 137.4% above the Business Services industry median of 6.37. Karnov Group AB's overall GF Score™ is 75/100 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 Karnov Group AB (CHIX:KARS), the current Operating Margin % is 15.11% 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 Karnov Group AB (CHIX:KARS) Overvalued in 2026?
Based on GuruFocus' analysis, Karnov Group AB stock appears to be undervalued.
The current stock price of kr64.30 is trading 45.4% below its estimated GF Value™ of kr117.71.
GuruFocus considers Karnov Group AB to be Significantly Undervalued.
Key valuation signals for CHIX:KARS:
Operating Margin %: 15.11% (27% above median its 10-year median of 11.92)
GF Value™: kr117.71 vs. price of kr64.30 (45.4% below fair value)
Industry Position: 137.4% above the Business Services median (#21 of 1070)
No single metric tells the full story. See the CHIX:KARS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Karnov Group AB is a provider of mission-critical information in the areas of legal, tax and auditing, environment, and health and safety. Karnov's products include subscription-based online solutions for law firms, tax and accounting firms, corporates, and the public sector including, courts, universities, public authorities, and municipalities. Karnov also publishes and sells offline books and journals and hosts legal training courses. Its brands are Karnov Group Denmark, Norstedts Juridik, Aranzadi LA LEY, Lamy Liaisons, Notisum, Echoline, BELLA Intelligence. Geographically, it derives a majority of its revenue from Denmark and also has a presence in Sweden, Norway, France, Spain, and Portugal.
75GF Score
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