Coca Cola Icecek ASCOLZF -1.75%85 Operating Margin % is 12.42% as of Mar. 2026, which is 5% below its 10-year median of 13.06. GuruFocus rates COLZF with a GF Score™ of 85/100 and a GF Value™ of $1.41 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, Coca Cola Icecek AS ranks better than 67.24% on this metric.
Coca Cola Icecek AS operating margin has been in a 5-year decline. The average rate of decline per year is -3.1%.
The historical rank and industry rank for Coca Cola Icecek AS's Operating Margin % or its related term are showing as below:
COLZF'
s Operating Margin % Range Over the Past 10 Years
Min: 9.2 Med: 13.06 Max: 16.01
Current: 14.31
COLZF's Operating Margin % is ranked better than 67.24% of 116
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 8.975
vs COLZF: 14.31
Coca Cola Icecek AS's 5-Year Average Operating Margin % Growth Rate was -3.10% per year.
Coca Cola Icecek AS (OTCPK:COLZF) 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.
Coca Cola Icecek AS Operating Margin % Related Terms
Coca Cola Icecek AS Operating Margin % Historical Data
* Premium members only.
The historical data trend for Coca Cola Icecek AS'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.
COLZF vs KO, PEP, MNST: Operating Margin % Comparison
For the Beverages - Non-Alcoholic subindustry, Coca Cola Icecek AS'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.
Coca Cola Icecek AS Operating Margin % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca Cola Icecek AS's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Coca Cola Icecek AS's Operating Margin % falls into.
Coca Cola Icecek AS 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.
Coca Cola Icecek AS'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.
Coca Cola Icecek AS (COLZF) has a Operating Margin % of 12.42% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Coca Cola Icecek AS and its competitors. This is near median its historical median of 13.06. Over the past decade, Coca Cola Icecek AS's Operating Margin % has ranged from 9.20 to 16.01. According to the industry distribution chart, Coca Cola Icecek AS ranks #38 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 32.8%.
Is Coca Cola Icecek AS's Operating Margin % too high?
Coca Cola Icecek AS's current Operating Margin % of 12.42% is near median its 10-year median of 13.06. Over the past 10 years, this metric has ranged from a low of 9.20 to a high of 16.01. The Beverages - Non-Alcoholic industry median Operating Margin % is 8.98. Coca Cola Icecek AS's value of 12.42% is 38.4% above this industry median. Based on the distribution chart, Coca Cola Icecek AS ranks #38 out of 116 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Coca Cola Icecek AS has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca Cola Icecek AS's Operating Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca Cola Icecek AS ranks #38 out of 116 companies for Operating Margin %. This puts Coca Cola Icecek AS in the upper half of its industry. The industry median Operating Margin % is 8.98. Coca Cola Icecek AS's value of 12.42% is 38.4% above this benchmark. Historically, Coca Cola Icecek AS's own Operating Margin % has ranged from 9.20 to 16.01 over the past decade. While the company's 10-year median is 13.06 vs. the industry median of 8.98, Coca Cola Icecek AS 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 Beverages - Non-Alcoholic company?
The median Operating Margin % among Beverages - Non-Alcoholic companies is 8.98, based on 116 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. Coca Cola Icecek AS's current Operating Margin % of 12.42% is 38.4% 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 Coca Cola Icecek AS and its competitors. For the Beverages - Non-Alcoholic industry, the median Operating Margin % is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca Cola Icecek AS's current Operating Margin % is 12.42%, which is near median its own 10-year median of 13.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca Cola Icecek AS stock overvalued right now?
Based on GuruFocus' analysis, Coca Cola Icecek AS (COLZF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.41, compared to a current price of $1.68 — trading 19.1% above its estimated fair value. The current Operating Margin % is 12.42%, which is near median its 10-year median of 13.06 and 38.4% above the Beverages - Non-Alcoholic industry median of 8.98. Coca Cola Icecek AS's overall GF Score™ is 85/100 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 Coca Cola Icecek AS (COLZF), the current Operating Margin % is 12.42% 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 Coca Cola Icecek AS (COLZF) Overvalued in 2026?
Based on GuruFocus' analysis, Coca Cola Icecek AS stock appears to be overvalued.
The current stock price of $1.68 is trading 19.1% above its estimated GF Value™ of $1.41.
GuruFocus considers Coca Cola Icecek AS to be Modestly Overvalued.
Key valuation signals for COLZF:
Operating Margin %: 12.42% (near median its 10-year median of 13.06)
GF Value™: $1.41 vs. price of $1.68 (19.1% above fair value)
Industry Position: 38.4% above the Beverages - Non-Alcoholic median (#38 of 116)
No single metric tells the full story. See the COLZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coca Cola Icecek AS is an exclusive bottler and distributor of Coca-Cola-branded sparkling and still beverages in Turkey, Pakistan, Bangladesh, Central Asia, the Middle East, and other regions. The brands of the company include Coca-Cola, Fanta, Sprite, Costa Coffee, Crush, Crystal Cola, and others. The company also has the exclusive right to distribute the Schweppes brand in Turkey. The company's revenue is split roughly evenly between sales in Turkey and sales outside of Turkey.
85GF Score
Get the complete analysis for COLZF
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
COLZF has been successfully added to your 
