Flatexdegiro SEFNNTF 83 Operating Margin % is 41.90% as of Dec. 2025, which is 14% above its 10-year median of 36.62. GuruFocus rates FNNTF with a GF Score™ of 83/100 and a GF Value™ of $20.76 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 664 Capital Markets companies, Flatexdegiro SE ranks better than 78.16% on this metric.
Flatexdegiro SE (OTCPK:FNNTF) 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.
Flatexdegiro SE Operating Margin % Related Terms
Flatexdegiro SE Operating Margin % Historical Data
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The historical data trend for Flatexdegiro SE'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.
FNNTF vs MS, GS, SCHW: Operating Margin % Comparison
For the Capital Markets subindustry, Flatexdegiro SE'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.
Flatexdegiro SE Operating Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Flatexdegiro SE's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Flatexdegiro SE'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.
Flatexdegiro SE'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.
Flatexdegiro SE (FNNTF) has a Operating Margin % of 41.90% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Flatexdegiro SE and its competitors. This is 14% above median its historical median of 36.62. Over the past decade, Flatexdegiro SE's Operating Margin % has ranged from 23.27 to 47.06. According to the industry distribution chart, Flatexdegiro SE ranks #145 out of 664 companies in the Capital Markets industry, placing it in the top 21.8%.
Is Flatexdegiro SE's Operating Margin % too high?
Flatexdegiro SE's current Operating Margin % of 41.90% is 14% above median its 10-year median of 36.62. Over the past 10 years, this metric has ranged from a low of 23.27 to a high of 47.06. The Capital Markets industry median Operating Margin % is 6.96. Flatexdegiro SE's value of 41.90% is 502.4% above this industry median. Based on the distribution chart, Flatexdegiro SE ranks #145 out of 664 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Flatexdegiro SE has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flatexdegiro SE's Operating Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Flatexdegiro SE ranks #145 out of 664 companies for Operating Margin %. This places Flatexdegiro SE in the top 22% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.96. Flatexdegiro SE's value of 41.90% is 502.4% above this benchmark. Historically, Flatexdegiro SE's own Operating Margin % has ranged from 23.27 to 47.06 over the past decade. While the company's 10-year median is 36.62 vs. the industry median of 6.96, Flatexdegiro SE 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 Capital Markets company?
The median Operating Margin % among Capital Markets companies is 6.96, based on 664 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. Flatexdegiro SE's current Operating Margin % of 41.90% is 502.4% 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 Flatexdegiro SE and its competitors. For the Capital Markets industry, the median Operating Margin % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flatexdegiro SE's current Operating Margin % is 41.90%, which is 14% above median its own 10-year median of 36.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flatexdegiro SE stock overvalued right now?
Based on GuruFocus' analysis, Flatexdegiro SE (FNNTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.76, compared to a current price of $37.20 — trading 79.2% above its estimated fair value. The current Operating Margin % is 41.90%, which is 14% above median its 10-year median of 36.62 and 502.4% above the Capital Markets industry median of 6.96. Flatexdegiro SE's overall GF Score™ is 83/100 with 2 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 Flatexdegiro SE (FNNTF), the current Operating Margin % is 41.90% 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 Flatexdegiro SE (FNNTF) Overvalued in 2026?
Based on GuruFocus' analysis, Flatexdegiro SE stock appears to be overvalued.
The current stock price of $37.20 is trading 79.2% above its estimated GF Value™ of $20.76.
GuruFocus considers Flatexdegiro SE to be Significantly Overvalued.
Key valuation signals for FNNTF:
Operating Margin %: 41.90% (14% above median its 10-year median of 36.62)
GF Value™: $20.76 vs. price of $37.20 (79.2% above fair value)
Industry Position: 502.4% above the Capital Markets median (#145 of 664)
No single metric tells the full story. See the FNNTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flatexdegiro SE is an independent online broker. The firm operates a proprietary securities trading platform under the brands flatex and DEGIRO and services more than a million European retail customers in European countries. The company also offers brokerage services and administration to corporate and institutional clients. The segments of the company are flatex and Degiro. It derives maximum revenue from Degiro segment.
83GF Score
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