learnd SE (FRA:LRND) Operating Margin %: 22.59% (As of Dec. 2025)


FRA:LRND learnd SE FRA:LRND
37 GF Score
Price €2.20
GF Value €0.79
Valuation Significantly Overvalued
! 3 Warning Signs
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What is learnd SE Operating Margin %?

learnd SE FRA:LRND +1.85% 37 Operating Margin % is 22.59% as of Dec. 2025. GuruFocus rates FRA:LRND with a GF Score™ of 37/100 and a GF Value™ of €0.79 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 86 Diversified Financial Services companies, learnd SE ranks worse than 96.51% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. learnd SE's Operating Income for the six months ended in Dec. 2025 was €-7.67 Mil. learnd SE's Revenue for the six months ended in Dec. 2025 was €-33.93 Mil. Therefore, learnd SE's Operating Margin % for the quarter that ended in Dec. 2025 was 22.59%.

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

FRA:LRND' s Operating Margin % Range Over the Past 10 Years
Min: -748.07   Med: -12.03   Max: 0.93
Current: -748.07


FRA:LRND's Operating Margin % is ranked worse than
96.51% of 86 companies
in the Diversified Financial Services industry
Industry Median: 6.35 vs FRA:LRND: -748.07

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

learnd SE's Operating Income for the six months ended in Dec. 2025 was €-7.67 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €-7.36 Mil.

Warning Sign:

learnd SE has never been profitable in the past 3 years. It lost money every year.


learnd SE  (FRA:LRND) 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.


learnd SE Operating Margin % Related Terms


learnd SE Operating Margin % Historical Data

* Premium members only.

The historical data trend for learnd 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.

learnd SE Operating Margin % Chart

learnd SE Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
0.00 0.93 -24.98 0.00 0.00

learnd SE Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % Get a 7-Day Free Trial Premium Member Only -42.82 -1.77 12.49 0.87 22.59

FRA:LRND vs XXI, CCXI, DMII: Operating Margin % Comparison

For the Shell Companies subindustry, learnd 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.


learnd SE Operating Margin % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, learnd SE's Operating Margin % distribution charts can be found below:

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


FRA:LRND
37GF Score
learnd SE FRA:LRND
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

learnd 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.

learnd SE'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 )
=-7.37 / 0
= %

learnd SE'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 )
=-7.665 / -33.93
=22.59 %

* 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 22.59% mean?
learnd SE (FRA:LRND) has a Operating Margin % of 22.59% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on learnd SE and its competitors. According to the industry distribution chart, learnd SE ranks #83 out of 86 companies in the Diversified Financial Services industry, placing it in the top 96.5%.
Is learnd SE's Operating Margin % too high?
learnd SE's current Operating Margin % is 22.59%. The Diversified Financial Services industry median Operating Margin % is 6.35. learnd SE's value of 22.59% is 255.7% above this industry median. Based on the distribution chart, learnd SE ranks #83 out of 86 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, learnd SE has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does learnd SE's Operating Margin % compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, learnd SE ranks #83 out of 86 companies for Operating Margin %. This places learnd SE in the lower half of its industry. The industry median Operating Margin % is 6.35. learnd SE's value of 22.59% is 255.7% above this benchmark. 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 Diversified Financial Services company?
The median Operating Margin % among Diversified Financial Services companies is 6.35, based on 86 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. learnd SE's current Operating Margin % of 22.59% is 255.7% 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 learnd SE and its competitors. For the Diversified Financial Services industry, the median Operating Margin % is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. learnd SE's current Operating Margin % is 22.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is learnd SE stock overvalued right now?
Based on GuruFocus' analysis, learnd SE (FRA:LRND) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.79, compared to a current price of €2.20 — trading 178.5% above its estimated fair value. The current Operating Margin % is 22.59% and 255.7% above the Diversified Financial Services industry median of 6.35. learnd SE's overall GF Score™ is 37/100 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 learnd SE (FRA:LRND), the current Operating Margin % is 22.59% 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 learnd SE (FRA:LRND) Overvalued in 2026?

Based on GuruFocus' analysis, learnd SE stock appears to be overvalued. The current stock price of €2.20 is trading 178.5% above its estimated GF Value™ of €0.79. GuruFocus considers learnd SE to be Significantly Overvalued.

Key valuation signals for FRA:LRND:

  • Operating Margin %: 22.59%
  • GF Value™: €0.79 vs. price of €2.20 (178.5% above fair value)
  • GF Score™: 37/100 with 3 warning signs
  • Industry Position: 255.7% above the Diversified Financial Services median (#83 of 86)

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


learnd SE Business Description

Other Exchanges LRND:Germany
Address 5, Heienhaff, Senningerberg, Luxembourg, LUX, L-1736
learnd SE is engaged in the design, installation, service and maintenance of Building Management Systems (BMS) and Building Energy Management Systems, and the provision of associated bureau services.
37GF Score

Get the complete analysis for FRA:LRND

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

€2.20
Price
€0.79
GF Value