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Quercus TFIFRA:85R -1.20%72 Operating Margin % is 34.41% as of Mar. 2026, which is 9% above its 10-year median of 31.46. GuruFocus rates FRA:85R with a GF Score™ of 72/100 and a GF Value™ of €3.22 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 654 Asset Management companies, Quercus TFI ranks better than 64.98% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Quercus TFI's Operating Income for the
three
months ended in Mar. 2026 was €4.43 Mil. Quercus TFI's Revenue for the
three
months ended in Mar. 2026 was €12.87 Mil. Therefore, Quercus TFI's Operating Margin % for the quarter that ended in Mar. 2026 was 34.41%.
Good Sign:
Quercus TFI SA operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Quercus TFI's Operating Margin % or its related term are showing as below:
FRA:85R'
s Operating Margin % Range Over the Past 10 Years
Min: 17.51 Med: 31.46 Max: 44.46
Current: 35.97
FRA:85R's Operating Margin % is ranked better than 64.98% of 654
companies
in the Asset Management industry
Industry Median: 16.73
vs FRA:85R: 35.97
Quercus TFI's 5-Year Average Operating Margin % Growth Rate was 5.60% per year.
Quercus TFI's Operating Income for the
three
months ended in Mar. 2026 was €4.43 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €18.35 Mil.
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.
Quercus TFI Operating Margin % Related Terms
Quercus TFI Operating Margin % Historical Data
* Premium members only.
The historical data trend for Quercus TFI'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.
FRA:85R vs BLK, BX, KKR: Operating Margin % Comparison
For the Asset Management subindustry, Quercus TFI'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.
Quercus TFI Operating Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Quercus TFI's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Quercus TFI'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.
Quercus TFI'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.
Quercus TFI (FRA:85R) has a Operating Margin % of 34.41% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Quercus TFI and its competitors. This is near median its historical median of 31.46. Over the past decade, Quercus TFI's Operating Margin % has ranged from 17.51 to 44.46. According to the industry distribution chart, Quercus TFI ranks #229 out of 654 companies in the Asset Management industry, placing it in the top 35%.
Is Quercus TFI's Operating Margin % too high?
Quercus TFI's current Operating Margin % of 34.41% is near median its 10-year median of 31.46. Over the past 10 years, this metric has ranged from a low of 17.51 to a high of 44.46. The Asset Management industry median Operating Margin % is 16.73. Quercus TFI's value of 34.41% is 105.7% above this industry median. Based on the distribution chart, Quercus TFI ranks #229 out of 654 companies in the Asset Management industry, which is above the industry midpoint. Overall, Quercus TFI has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quercus TFI's Operating Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Quercus TFI ranks #229 out of 654 companies for Operating Margin %. This puts Quercus TFI in the upper half of its industry. The industry median Operating Margin % is 16.73. Quercus TFI's value of 34.41% is 105.7% above this benchmark. Historically, Quercus TFI's own Operating Margin % has ranged from 17.51 to 44.46 over the past decade. While the company's 10-year median is 31.46 vs. the industry median of 16.73, Quercus TFI 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 an Asset Management company?
The median Operating Margin % among Asset Management companies is 16.73, based on 654 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. Quercus TFI's current Operating Margin % of 34.41% is 105.7% 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 Quercus TFI and its competitors. For the Asset Management industry, the median Operating Margin % is 16.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quercus TFI's current Operating Margin % is 34.41%, which is near median its own 10-year median of 31.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quercus TFI stock overvalued right now?
Based on GuruFocus' analysis, Quercus TFI (FRA:85R) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.22, compared to a current price of €2.87 — trading 10.9% below its estimated fair value. The current Operating Margin % is 34.41%, which is near median its 10-year median of 31.46 and 105.7% above the Asset Management industry median of 16.73. Quercus TFI's overall GF Score™ is 72/100 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 Quercus TFI (FRA:85R), the current Operating Margin % is 34.41% 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 Quercus TFI (FRA:85R) Overvalued in 2026?
Based on GuruFocus' analysis, Quercus TFI stock appears to be undervalued.
The current stock price of €2.87 is trading 10.9% below its estimated GF Value™ of €3.22.
GuruFocus considers Quercus TFI to be Modestly Undervalued.
Key valuation signals for FRA:85R:
Operating Margin %: 34.41% (near median its 10-year median of 31.46)
GF Value™: €3.22 vs. price of €2.87 (10.9% below fair value)
Industry Position: 105.7% above the Asset Management median (#229 of 654)
No single metric tells the full story. See the FRA:85R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quercus TFI SA is an investment fund company in Poland whose offer is mainly targeted at high net-worth Investors. The products of the company include Quercus Short-Term Debt, Quercus Capital Protection, Quercus Treasury Bonds, Quercus Stable, Quercus Aggressive and Quercus Gold among others.
72GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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