GN Store Nord AS (FRA:GNN) Operating Margin %: -22.52% (As of Mar. 2026)


FRA:GNN GN Store Nord AS FRA:GNN
78 GF Score
Price €11.84
GF Value €14.62
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is GN Store Nord AS Operating Margin %?

GN Store Nord AS FRA:GNN +0.34% 78 Operating Margin % is -22.52% as of Mar. 2026. GuruFocus rates FRA:GNN with a GF Score™ of 78/100 and a GF Value™ of €14.62 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 816 Medical Devices & Instruments companies, GN Store Nord AS ranks better than 55.51% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. GN Store Nord AS's Operating Income for the three months ended in Mar. 2026 was €-63 Mil. GN Store Nord AS's Revenue for the three months ended in Mar. 2026 was €280 Mil. Therefore, GN Store Nord AS's Operating Margin % for the quarter that ended in Mar. 2026 was -22.52%.

Warning Sign:

GN Store Nord AS operating margin has been in a 5-year decline. The average rate of decline per year is -7.2%.

The historical rank and industry rank for GN Store Nord AS's Operating Margin % or its related term are showing as below:

FRA:GNN' s Operating Margin % Range Over the Past 10 Years
Min: 5.2   Med: 13.65   Max: 17.04
Current: 6.12


FRA:GNN's Operating Margin % is ranked better than
55.51% of 816 companies
in the Medical Devices & Instruments industry
Industry Median: 3.465 vs FRA:GNN: 6.12

GN Store Nord AS's 5-Year Average Operating Margin % Growth Rate was -7.20% per year.

GN Store Nord AS's Operating Income for the three months ended in Mar. 2026 was €-63 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €122 Mil.


GN Store Nord AS  (FRA:GNN) 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.


GN Store Nord AS Operating Margin % Related Terms


GN Store Nord AS Operating Margin % Historical Data

* Premium members only.

The historical data trend for GN Store Nord AS'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.

GN Store Nord AS Operating Margin % Chart

GN Store Nord AS 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 15.17 5.99 5.20 9.94 9.52

GN Store Nord AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 2.32 11.08 8.59 12.44 -22.52

FRA:GNN vs ABT, SYK, MDT: Operating Margin % Comparison

For the Medical Devices subindustry, GN Store Nord AS'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.


GN Store Nord AS Operating Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, GN Store Nord AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where GN Store Nord AS's Operating Margin % falls into.


FRA:GNN
78GF Score
GN Store Nord AS FRA:GNN
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GN Store Nord AS 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.

GN Store Nord AS'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 )
=213.955 / 2246.932
=9.52 %

GN Store Nord AS'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 )
=-63.149 / 280.426
=-22.52 %

* 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 -22.52% mean?
GN Store Nord AS (FRA:GNN) has a Operating Margin % of -22.52% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on GN Store Nord AS and its competitors. Over the past decade, GN Store Nord AS's Operating Margin % has ranged from 5.20 to 17.04. According to the industry distribution chart, GN Store Nord AS ranks #363 out of 816 companies in the Medical Devices & Instruments industry, placing it in the top 44.5%.
Is GN Store Nord AS's Operating Margin % too high?
GN Store Nord AS's current Operating Margin % is -22.52%. Over the past 10 years, this metric has ranged from a low of 5.20 to a high of 17.04. Based on the distribution chart, GN Store Nord AS ranks #363 out of 816 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, GN Store Nord AS has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GN Store Nord AS's Operating Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, GN Store Nord AS ranks #363 out of 816 companies for Operating Margin %. This puts GN Store Nord AS in the upper half of its industry. The industry median Operating Margin % is 3.47. Historically, GN Store Nord AS's own Operating Margin % has ranged from 5.20 to 17.04 over the past decade. 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 Medical Devices & Instruments company?
The median Operating Margin % among Medical Devices & Instruments companies is 3.47, based on 816 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 GN Store Nord AS and its competitors. For the Medical Devices & Instruments industry, the median Operating Margin % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GN Store Nord AS's current Operating Margin % is -22.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GN Store Nord AS stock overvalued right now?
Based on GuruFocus' analysis, GN Store Nord AS (FRA:GNN) is currently considered Modestly Undervalued. The stock's GF Value™ is €14.62, compared to a current price of €11.84 — trading 19% below its estimated fair value. The current Operating Margin % is -22.52%. GN Store Nord AS's overall GF Score™ is 78/100 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 GN Store Nord AS (FRA:GNN), the current Operating Margin % is -22.52% 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 GN Store Nord AS (FRA:GNN) Overvalued in 2026?

Based on GuruFocus' analysis, GN Store Nord AS stock appears to be undervalued. The current stock price of €11.84 is trading 19% below its estimated GF Value™ of €14.62. GuruFocus considers GN Store Nord AS to be Modestly Undervalued.

Key valuation signals for FRA:GNN:

  • Operating Margin %: -22.52%
  • GF Value™: €14.62 vs. price of €11.84 (19% below fair value)
  • GF Score™: 78/100 with 6 warning signs

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


GN Store Nord AS Business Description

Address Lautrupbjerg 7, Ballerup, DNK, 2750
GN Store Nord is a Danish company offering medical and audio solutions. The group comprises three businesses: hearing (about 40% of sales), enterprise (40%), and gaming (20%). GN Hearing offers hearing aids and competes globally with Sonova, Demant, Starkey, and WS Audiology (formerly Sivantos and Widex). GN Enterprise provides headsets and speakerphones to the enterprise market, including contact centers and offices. GN recently acquired SteelSeries, a provider of gaming accessories such as headsets and keyboards, thereby forming the gaming division. The company has positioned itself as a major player in the Unified Communication-enabled headsets market. The firm's premium brands are Resound in hearing, Jabra in headsets, and SteelSeries in gaming.
78GF Score

Get the complete analysis for FRA:GNN

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

€11.84
Price
€14.62
GF Value