Kelsian Group (FRA:CY4) Operating Margin %: 5.81% (As of Dec. 2025) — 11% Above Median


FRA:CY4 Kelsian Group Ltd FRA:CY4
90 GF Score
Price €2.60
GF Value €3.69
Valuation Possible Value Trap
! 6 Warning Signs
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What is Kelsian Group Operating Margin %?

Kelsian Group FRA:CY4 -0.76% 90 Operating Margin % is 5.81% as of Dec. 2025, which is 11% above its 10-year median of 5.25. GuruFocus rates FRA:CY4 with a GF Score™ of 90/100 and a GF Value™ of €3.69 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,007 Transportation companies, Kelsian Group ranks worse than 56.41% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kelsian Group's Operating Income for the six months ended in Dec. 2025 was €39 Mil. Kelsian Group's Revenue for the six months ended in Dec. 2025 was €673 Mil. Therefore, Kelsian Group's Operating Margin % for the quarter that ended in Dec. 2025 was 5.81%.

Good Sign:

Kelsian Group Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

FRA:CY4' s Operating Margin % Range Over the Past 10 Years
Min: 1.53   Med: 5.25   Max: 17.98
Current: 5.91


FRA:CY4's Operating Margin % is ranked worse than
56.41% of 1007 companies
in the Transportation industry
Industry Median: 7.36 vs FRA:CY4: 5.91

Kelsian Group's 5-Year Average Operating Margin % Growth Rate was 24.10% per year.

Kelsian Group's Operating Income for the six months ended in Dec. 2025 was €39 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €78 Mil.


Kelsian Group  (FRA:CY4) 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.


Kelsian Group Operating Margin % Related Terms


Kelsian Group Operating Margin % Historical Data

* Premium members only.

The historical data trend for Kelsian Group'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.

Kelsian Group Operating Margin % Chart

Kelsian Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.07 5.19 4.92 4.88 5.31

Kelsian Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.85 4.90 4.58 6.01 5.81

FRA:CY4 vs UNP, CSX, NSC: Operating Margin % Comparison

For the Railroads subindustry, Kelsian Group'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.


Kelsian Group Operating Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Kelsian Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Kelsian Group's Operating Margin % falls into.


FRA:CY4
90GF Score
Kelsian Group Ltd FRA:CY4
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kelsian Group 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.

Kelsian Group's Operating Margin % for the fiscal year that ended in Jun. 2025 is calculated as

Operating Margin %=Operating Income (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=66.262 / 1246.826
=5.31 %

Kelsian Group's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=39.117 / 672.983
=5.81 %

* 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 5.81% mean?
Kelsian Group (FRA:CY4) has a Operating Margin % of 5.81% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Kelsian Group and its competitors. This is 11% above median its historical median of 5.25. Over the past decade, Kelsian Group's Operating Margin % has ranged from 1.53 to 17.98. According to the industry distribution chart, Kelsian Group ranks #568 out of 1007 companies in the Transportation industry, placing it in the top 56.4%.
Is Kelsian Group's Operating Margin % too high?
Kelsian Group's current Operating Margin % of 5.81% is 11% above median its 10-year median of 5.25. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 17.98. The Transportation industry median Operating Margin % is 7.36. Kelsian Group's value of 5.81% is 21.1% below this industry median. Based on the distribution chart, Kelsian Group ranks #568 out of 1007 companies in the Transportation industry, which is below the industry midpoint. Overall, Kelsian Group has a GF Score™ of 90/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kelsian Group's Operating Margin % compare to UNP and CSX?
According to the Transportation industry distribution chart, Kelsian Group ranks #568 out of 1007 companies for Operating Margin %. This places Kelsian Group in the lower half of its industry. The industry median Operating Margin % is 7.36. Kelsian Group's value of 5.81% is 21.1% below this benchmark. Historically, Kelsian Group's own Operating Margin % has ranged from 1.53 to 17.98 over the past decade. While the company's 10-year median is 5.25 vs. the industry median of 7.36, Kelsian Group has consistently been below 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 Transportation company?
The median Operating Margin % among Transportation companies is 7.36, based on 1,007 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. Kelsian Group's current Operating Margin % of 5.81% is 21.1% below 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 Kelsian Group and its competitors. For the Transportation industry, the median Operating Margin % is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelsian Group's current Operating Margin % is 5.81%, which is 11% above median its own 10-year median of 5.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelsian Group stock overvalued right now?
Based on GuruFocus' analysis, Kelsian Group (FRA:CY4) is currently considered Possible Value Trap. The stock's GF Value™ is €3.69, compared to a current price of €2.60 — trading 29.5% below its estimated fair value. The current Operating Margin % is 5.81%, which is 11% above median its 10-year median of 5.25 and 21.1% below the Transportation industry median of 7.36. Kelsian Group's overall GF Score™ is 90/100 with 6 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 Kelsian Group (FRA:CY4), the current Operating Margin % is 5.81% 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 Kelsian Group (FRA:CY4) Overvalued in 2026?

Based on GuruFocus' analysis, Kelsian Group stock appears to be undervalued. The current stock price of €2.60 is trading 29.5% below its estimated GF Value™ of €3.69. GuruFocus considers Kelsian Group to be Possible Value Trap.

Key valuation signals for FRA:CY4:

  • Operating Margin %: 5.81% (11% above median its 10-year median of 5.25)
  • GF Value™: €3.69 vs. price of €2.60 (29.5% below fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 21.1% below the Transportation median (#568 of 1007)

No single metric tells the full story. See the FRA:CY4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kelsian Group Business Description

Other Exchanges KLS:Australia
Address 26 Flinders Street, Level 3, Adelaide, SA, AUS, 5000
Kelsian operates public transport bus services throughout Australia, Singapore, and the UK on behalf of state governments. In the private sector, the group provides commuter transport services to resource companies, corporates, and education providers in Australia and the United States. Kelsian also provides marine transportation and a variety of tourism-related services throughout Australia, including ferry services, leisure cruises, accommodation, bus tours, and packaged holidays. In February 2026, Kelsian announced it had entered into an agreement to divest the leisure-centric tourism assets.
90GF Score

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

€2.60
Price
€3.69
GF Value