BWP GroupFRA:GJZ 81 Operating Margin % is 86.75% as of Dec. 2025, which is 2% above its 10-year median of 84.90. GuruFocus rates FRA:GJZ with a GF Score™ of 81/100 and a GF Value™ of €2.34. The stock has 6 warning signs investors should review. Among 747 REITs companies, BWP Group ranks better than 93.04% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. BWP Group's Operating Income for the
six
months ended in Dec. 2025 was €50.59 Mil. BWP Group's Revenue for the
six
months ended in Dec. 2025 was €58.32 Mil. Therefore, BWP Group's Operating Margin % for the quarter that ended in Dec. 2025 was 86.75%.
The historical rank and industry rank for BWP Group's Operating Margin % or its related term are showing as below:
FRA:GJZ'
s Operating Margin % Range Over the Past 10 Years
Min: 82.34 Med: 84.9 Max: 88.19
Current: 86.75
FRA:GJZ's Operating Margin % is ranked better than 93.04% of 747
companies
in the REITs industry
Industry Median: 52.63
vs FRA:GJZ: 86.75
BWP Group's 5-Year Average Operating Margin % Growth Rate was -0.70% per year.
BWP Group's Operating Income for the
six
months ended in Dec. 2025 was €50.59 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €50.59 Mil.
BWP Group (FRA:GJZ) 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 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.
BWP Group Operating Margin % Related Terms
BWP Group Operating Margin % Historical Data
* Premium members only.
The historical data trend for BWP 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.
FRA:GJZ vs PLD, PSA, EXR: Operating Margin % Comparison
For the REIT - Industrial subindustry, BWP 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.
BWP Group Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, BWP Group's Operating Margin % distribution charts can be found below:
* The bar in red indicates where BWP Group'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.
BWP Group's Operating Margin % for the fiscal year that ended in Jun. 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.
BWP Group (FRA:GJZ) has a Operating Margin % of 86.75% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on BWP Group and its competitors. This is near median its historical median of 84.90. Over the past decade, BWP Group's Operating Margin % has ranged from 82.34 to 88.19. According to the industry distribution chart, BWP Group ranks #52 out of 747 companies in the REITs industry, placing it in the top 7%.
Is BWP Group's Operating Margin % too high?
BWP Group's current Operating Margin % of 86.75% is near median its 10-year median of 84.90. Over the past 10 years, this metric has ranged from a low of 82.34 to a high of 88.19. The REITs industry median Operating Margin % is 52.63. BWP Group's value of 86.75% is 64.8% above this industry median. Based on the distribution chart, BWP Group ranks #52 out of 747 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, BWP Group has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does BWP Group's Operating Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, BWP Group ranks #52 out of 747 companies for Operating Margin %. This places BWP Group in the top 7% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 52.63. BWP Group's value of 86.75% is 64.8% above this benchmark. Historically, BWP Group's own Operating Margin % has ranged from 82.34 to 88.19 over the past decade. While the company's 10-year median is 84.90 vs. the industry median of 52.63, BWP Group 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 REITs company?
The median Operating Margin % among REITs companies is 52.63, based on 747 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. BWP Group's current Operating Margin % of 86.75% is 64.8% 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 BWP Group and its competitors. For the REITs industry, the median Operating Margin % is 52.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BWP Group's current Operating Margin % is 86.75%, which is near median its own 10-year median of 84.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BWP Group stock overvalued right now?
BWP Group (FRA:GJZ) has a current Operating Margin % of 86.75%. The stock's GF Value™ is €2.34, compared to a current price of €2.28 — trading 2.7% below its estimated fair value. The current Operating Margin % is 86.75%, which is near median its 10-year median of 84.90 and 64.8% above the REITs industry median of 52.63. BWP Group's overall GF Score™ is 81/100 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 BWP Group (FRA:GJZ), the current Operating Margin % is 86.75% 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 BWP Group (FRA:GJZ) Overvalued in 2026?
Based on GuruFocus' analysis, BWP Group stock appears to be undervalued.
The current stock price of €2.28 is trading 2.7% below its estimated GF Value™ of €2.34.
Key valuation signals for FRA:GJZ:
Operating Margin %: 86.75% (near median its 10-year median of 84.90)
GF Value™: €2.34 vs. price of €2.28 (2.7% below fair value)
Industry Position: 64.8% above the REITs median (#52 of 747)
No single metric tells the full story. See the FRA:GJZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BWP Group is an Australian REIT focused on owning warehouse or bulky goods retailing properties with relatively large sites and high visibility and access to arterial roads. The portfolio of properties it owns is diversified across most Australian states and is on long-term leases to Australia's dominant home improvement chain: Bunnings Group. Bunnings is a wholly owned subsidiary of Wesfarmers, a top-10 ASX-listed company by market capitalization. Wesfarmers owns 23% of BWP units.
81GF Score
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