Geox SpA (FRA:GHH) Operating Margin %: -1.17% (As of Dec. 2025)


FRA:GHH Geox SpA FRA:GHH
23 GF Score
Price €0.27
GF Value €0.36
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Geox SpA Operating Margin %?

Geox SpA FRA:GHH -1.48% 23 Operating Margin % is -1.17% as of Dec. 2025. GuruFocus rates FRA:GHH with a GF Score™ of 23/100 and a GF Value™ of €0.36 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,043 Manufacturing - Apparel & Accessories companies, Geox SpA ranks worse than 73.15% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Geox SpA's Operating Income for the six months ended in Dec. 2025 was €-3.6 Mil. Geox SpA's Revenue for the six months ended in Dec. 2025 was €303.4 Mil. Therefore, Geox SpA's Operating Margin % for the quarter that ended in Dec. 2025 was -1.17%.

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

FRA:GHH' s Operating Margin % Range Over the Past 10 Years
Min: -21.04   Med: -0.92   Max: 3.86
Current: -1.05


FRA:GHH's Operating Margin % is ranked worse than
73.15% of 1043 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.08 vs FRA:GHH: -1.05

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

Geox SpA's Operating Income for the six months ended in Dec. 2025 was €-3.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €-6.4 Mil.


Geox SpA  (FRA:GHH) 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.


Geox SpA Operating Margin % Related Terms


Geox SpA Operating Margin % Historical Data

* Premium members only.

The historical data trend for Geox SpA'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.

Geox SpA Operating Margin % Chart

Geox SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.36 -1.11 1.46 -1.19 -1.05

Geox SpA 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 2.43 -2.27 -0.18 -0.93 -1.17

FRA:GHH vs NKE, DECK, ONON: Operating Margin % Comparison

For the Footwear & Accessories subindustry, Geox SpA'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.


Geox SpA Operating Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Geox SpA's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Geox SpA's Operating Margin % falls into.


FRA:GHH
23GF Score
Geox SpA FRA:GHH
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Geox SpA 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.

Geox SpA's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-6.393 / 608.653
=-1.05 %

Geox SpA'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 )
=-3.558 / 303.358
=-1.17 %

* 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 -1.17% mean?
Geox SpA (FRA:GHH) has a Operating Margin % of -1.17% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Geox SpA and its competitors. According to the industry distribution chart, Geox SpA ranks #763 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 73.2%.
Is Geox SpA's Operating Margin % too high?
Geox SpA's current Operating Margin % is -1.17%. Based on the distribution chart, Geox SpA ranks #763 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Geox SpA has a GF Score™ of 23/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Geox SpA's Operating Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Geox SpA ranks #763 out of 1043 companies for Operating Margin %. This places Geox SpA in the lower half of its industry. The industry median Operating Margin % is 4.08. 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 Manufacturing - Apparel & Accessories company?
The median Operating Margin % among Manufacturing - Apparel & Accessories companies is 4.08, based on 1,043 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 Geox SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Geox SpA's current Operating Margin % is -1.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Geox SpA stock overvalued right now?
Based on GuruFocus' analysis, Geox SpA (FRA:GHH) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.36, compared to a current price of €0.27 — trading 26.3% below its estimated fair value. The current Operating Margin % is -1.17%. Geox SpA's overall GF Score™ is 23/100 with 4 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 Geox SpA (FRA:GHH), the current Operating Margin % is -1.17% 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 Geox SpA (FRA:GHH) Overvalued in 2026?

Based on GuruFocus' analysis, Geox SpA stock appears to be undervalued. The current stock price of €0.27 is trading 26.3% below its estimated GF Value™ of €0.36. GuruFocus considers Geox SpA to be Modestly Undervalued.

Key valuation signals for FRA:GHH:

  • Operating Margin %: -1.17%
  • GF Value™: €0.36 vs. price of €0.27 (26.3% below fair value)
  • GF Score™: 23/100 with 4 warning signs

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


Geox SpA Business Description

Address Via Feltrina Centro, 16, Biadene di Montebelluna, Treviso, ITA, 31044
Geox SpA develops, schedules and coordinates production and sells Geox-brand footwear and apparel to retailers and end-consumers. The company has a commercial presence in Italy, Europe, North America, and other countries where its key revenue comes from Europe.
23GF Score

Get the complete analysis for FRA:GHH

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

€0.27
Price
€0.36
GF Value