Cherry SE (FRA:C3RY) Operating Margin %: -14.32% (As of Mar. 2026)


FRA:C3RY Cherry SE FRA:C3RY
46 GF Score
Price €0.30
GF Value €1.80
Valuation Possible Value Trap
! 3 Warning Signs
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What is Cherry SE Operating Margin %?

Cherry SE FRA:C3RY -5.94% 46 Operating Margin % is -14.32% as of Mar. 2026. GuruFocus rates FRA:C3RY with a GF Score™ of 46/100 and a GF Value™ of €1.80 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,472 Hardware companies, Cherry SE ranks worse than 89.64% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Cherry SE's Operating Income for the three months ended in Mar. 2026 was €-2.98 Mil. Cherry SE's Revenue for the three months ended in Mar. 2026 was €20.81 Mil. Therefore, Cherry SE's Operating Margin % for the quarter that ended in Mar. 2026 was -14.32%.

The historical rank and industry rank for Cherry SE's Operating Margin % or its related term are showing as below:

FRA:C3RY' s Operating Margin % Range Over the Past 10 Years
Min: -59.54   Med: -17.8   Max: 16.7
Current: -26.77


FRA:C3RY's Operating Margin % is ranked worse than
89.64% of 2472 companies
in the Hardware industry
Industry Median: 3.81 vs FRA:C3RY: -26.77

Cherry SE's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Cherry SE's Operating Income for the three months ended in Mar. 2026 was €-2.98 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €-17.71 Mil.


Cherry SE  (FRA:C3RY) 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 Nokia’s 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.


Cherry SE Operating Margin % Related Terms


Cherry SE Operating Margin % Historical Data

* Premium members only.

The historical data trend for Cherry 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.

Cherry SE Operating Margin % Chart

Cherry SE Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Margin %
Get a 7-Day Free Trial -17.80 16.70 -5.05 -59.54 -32.79

Cherry SE Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -102.48 -19.33 -44.62 -22.32 -14.32

FRA:C3RY vs DELL, SNDK, ANET: Operating Margin % Comparison

For the Computer Hardware subindustry, Cherry 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.


Cherry SE Operating Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Cherry SE's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Cherry SE's Operating Margin % falls into.


FRA:C3RY
46GF Score
Cherry SE FRA:C3RY
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cherry SE 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.

Cherry SE's Operating Margin % for the fiscal year that ended in Dec. 2024 is calculated as

Operating Margin %=Operating Income (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=-36.215 / 110.448
=-32.79 %

Cherry SE's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-2.979 / 20.808
=-14.32 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -14.32% mean?
Cherry SE (FRA:C3RY) has a Operating Margin % of -14.32% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Cherry SE and its competitors. According to the industry distribution chart, Cherry SE ranks #2216 out of 2472 companies in the Hardware industry, placing it in the top 89.6%.
Is Cherry SE's Operating Margin % too high?
Cherry SE's current Operating Margin % is -14.32%. Based on the distribution chart, Cherry SE ranks #2216 out of 2472 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Cherry SE has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cherry SE's Operating Margin % compare to DELL and SNDK?
According to the Hardware industry distribution chart, Cherry SE ranks #2216 out of 2472 companies for Operating Margin %. This places Cherry SE in the lower half of its industry. The industry median Operating Margin % is 3.81. 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.81, based on 2,472 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. 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 Cherry SE and its competitors. For the Hardware industry, the median Operating Margin % is 3.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cherry SE's current Operating Margin % is -14.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherry SE stock overvalued right now?
Based on GuruFocus' analysis, Cherry SE (FRA:C3RY) is currently considered Possible Value Trap. The stock's GF Value™ is €1.80, compared to a current price of €0.30 — trading 83.3% below its estimated fair value. The current Operating Margin % is -14.32%. Cherry SE's overall GF Score™ is 46/100 with 3 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 Cherry SE (FRA:C3RY), the current Operating Margin % is -14.32% 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 Cherry SE (FRA:C3RY) Overvalued in 2026?

Based on GuruFocus' analysis, Cherry SE stock appears to be undervalued. The current stock price of €0.30 is trading 83.3% below its estimated GF Value™ of €1.80. GuruFocus considers Cherry SE to be Possible Value Trap.

Key valuation signals for FRA:C3RY:

  • Operating Margin %: -14.32%
  • GF Value™: €1.80 vs. price of €0.30 (83.3% below fair value)
  • GF Score™: 46/100 with 3 warning signs

No single metric tells the full story. See the FRA:C3RY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cherry SE Business Description

Other Exchanges C3RY:Germany
Address c/o Mindspace, Rosental 7, Munich, DEU, 80331
Cherry SE is a manufacturer of high-end mechanical keyboard switches and computer input devices such as keyboards, mice, microphones, and headsets for gaming and e-sports and (hybrid) office workstation applications as well as industrial applications and the healthcare sector. The product offerings of the company include USB-A / USB-C Adapters, Mice, Accessories, and other products. The company's activities are divided into three different business segments: Components segment; Gaming & Office Peripherals segment; and Digital Health & Solutions segment. It generates majority of its revenue from Gaming & Office Peripherals segment which includes the business with computer peripherals for professional use in gaming and e-sports as well as for use in (hybrid) office solutions and industry.
46GF Score

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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.30
Price
€1.80
GF Value