Lighthouse PropertiesFRA:87O -0.53%50 Operating Margin % is 60.02% as of Dec. 2025, which is 10% above its 10-year median of 54.59. GuruFocus rates FRA:87O with a GF Score™ of 50/100 and a GF Value™ of €0.58 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,745 Real Estate companies, Lighthouse Properties ranks better than 88.02% on this metric.
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.
Lighthouse Properties Operating Margin % Related Terms
Lighthouse Properties Operating Margin % Historical Data
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The historical data trend for Lighthouse Properties'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:87O vs CBRE, BEKE, CSGP: Operating Margin % Comparison
For the Real Estate Services subindustry, Lighthouse Properties'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.
Lighthouse Properties Operating Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Lighthouse Properties's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Lighthouse Properties'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.
Lighthouse Properties'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.
Lighthouse Properties (FRA:87O) has a Operating Margin % of 60.02% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Lighthouse Properties and its competitors. This is 10% above median its historical median of 54.59. Over the past decade, Lighthouse Properties' Operating Margin % has ranged from 29.70 to 68.54. According to the industry distribution chart, Lighthouse Properties ranks #209 out of 1745 companies in the Real Estate industry, placing it in the top 12%.
Is Lighthouse Properties' Operating Margin % too high?
Lighthouse Properties' current Operating Margin % of 60.02% is 10% above median its 10-year median of 54.59. Over the past 10 years, this metric has ranged from a low of 29.70 to a high of 68.54. The Real Estate industry median Operating Margin % is 13.23. Lighthouse Properties' value of 60.02% is 353.7% above this industry median. Based on the distribution chart, Lighthouse Properties ranks #209 out of 1745 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Lighthouse Properties has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lighthouse Properties' Operating Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Lighthouse Properties ranks #209 out of 1745 companies for Operating Margin %. This places Lighthouse Properties in the top 12% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 13.23. Lighthouse Properties' value of 60.02% is 353.7% above this benchmark. Historically, Lighthouse Properties' own Operating Margin % has ranged from 29.70 to 68.54 over the past decade. While the company's 10-year median is 54.59 vs. the industry median of 13.23, Lighthouse Properties 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 Real Estate company?
The median Operating Margin % among Real Estate companies is 13.23, based on 1,745 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. Lighthouse Properties's current Operating Margin % of 60.02% is 353.7% 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 Lighthouse Properties and its competitors. For the Real Estate industry, the median Operating Margin % is 13.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lighthouse Properties's current Operating Margin % is 60.02%, which is 10% above median its own 10-year median of 54.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lighthouse Properties stock overvalued right now?
Based on GuruFocus' analysis, Lighthouse Properties (FRA:87O) is currently considered Possible Value Trap. The stock's GF Value™ is €0.58, compared to a current price of €0.38 — trading 35.2% below its estimated fair value. The current Operating Margin % is 60.02%, which is 10% above median its 10-year median of 54.59 and 353.7% above the Real Estate industry median of 13.23. Lighthouse Properties' overall GF Score™ is 50/100 with 9 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 Lighthouse Properties (FRA:87O), the current Operating Margin % is 60.02% 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 Lighthouse Properties (FRA:87O) Overvalued in 2026?
Based on GuruFocus' analysis, Lighthouse Properties stock appears to be undervalued.
The current stock price of €0.38 is trading 35.2% below its estimated GF Value™ of €0.58.
GuruFocus considers Lighthouse Properties to be Possible Value Trap.
Key valuation signals for FRA:87O:
Operating Margin %: 60.02% (10% above median its 10-year median of 54.59)
GF Value™: €0.58 vs. price of €0.38 (35.2% below fair value)
Industry Position: 353.7% above the Real Estate median (#209 of 1745)
No single metric tells the full story. See the FRA:87O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lighthouse Properties PLC focuses on investing in dominant and defensive malls located in large Western European cities. Its activities include acquiring and investing in high-quality malls, enhancing property value through redevelopment, refurbishment, and improvements, and leasing space to tenants to generate rental income. The Group operates through two segments: direct property investments and indirect property investments, which involve temporary investments in listed real estate equity securities until capital is deployed into acquisitions, expansions, or refurbishments. The company's property portfolio is located across Spain, Portugal, and France, with the majority of revenue generated from Spain.
50GF Score
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