Teqnion ABFRA:M45 -1.11%62 Operating Margin % is 14.23% as of Mar. 2026, which is 54% above its 10-year median of 9.22. GuruFocus rates FRA:M45 with a GF Score™ of 62/100 and a GF Value™ of €18.51 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 545 Conglomerates companies, Teqnion AB ranks better than 61.65% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Teqnion AB's Operating Income for the
three
months ended in Mar. 2026 was €6.3 Mil. Teqnion AB's Revenue for the
three
months ended in Mar. 2026 was €44.0 Mil. Therefore, Teqnion AB's Operating Margin % for the quarter that ended in Mar. 2026 was 14.23%.
Warning Sign:
Teqnion AB operating margin has been in a 5-year decline. The average rate of decline per year is -12.4%.
The historical rank and industry rank for Teqnion AB's Operating Margin % or its related term are showing as below:
FRA:M45'
s Operating Margin % Range Over the Past 10 Years
Min: 4.26 Med: 9.22 Max: 10.66
Current: 8.61
FRA:M45's Operating Margin % is ranked better than 61.65% of 545
companies
in the Conglomerates industry
Industry Median: 5.93
vs FRA:M45: 8.61
Teqnion AB's 5-Year Average Operating Margin % Growth Rate was -12.40% per year.
Teqnion AB's Operating Income for the
three
months ended in Mar. 2026 was €6.3 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €14.8 Mil.
Warning Sign:
Teqnion AB has recorded a loss in operating income at least once over the past 3 years.
Teqnion AB (FRA:M45) 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.
Teqnion AB Operating Margin % Related Terms
Teqnion AB Operating Margin % Historical Data
* Premium members only.
The historical data trend for Teqnion AB'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:M45 vs HON, MMM: Operating Margin % Comparison
For the Conglomerates subindustry, Teqnion AB'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.
Teqnion AB Operating Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Teqnion AB's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Teqnion AB'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.
Teqnion AB's Operating Margin % for the fiscal year that ended in Dec. 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.
Teqnion AB (FRA:M45) has a Operating Margin % of 14.23% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Teqnion AB and its competitors. This is 54% above median its historical median of 9.22. Over the past decade, Teqnion AB's Operating Margin % has ranged from 4.26 to 10.66. According to the industry distribution chart, Teqnion AB ranks #209 out of 545 companies in the Conglomerates industry, placing it in the top 38.3%.
Is Teqnion AB's Operating Margin % too high?
Teqnion AB's current Operating Margin % of 14.23% is 54% above median its 10-year median of 9.22. Over the past 10 years, this metric has ranged from a low of 4.26 to a high of 10.66. The Conglomerates industry median Operating Margin % is 5.93. Teqnion AB's value of 14.23% is 140% above this industry median. Based on the distribution chart, Teqnion AB ranks #209 out of 545 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Teqnion AB has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Teqnion AB's Operating Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Teqnion AB ranks #209 out of 545 companies for Operating Margin %. This puts Teqnion AB in the upper half of its industry. The industry median Operating Margin % is 5.93. Teqnion AB's value of 14.23% is 140% above this benchmark. Historically, Teqnion AB's own Operating Margin % has ranged from 4.26 to 10.66 over the past decade. While the company's 10-year median is 9.22 vs. the industry median of 5.93, Teqnion AB 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 Conglomerates company?
The median Operating Margin % among Conglomerates companies is 5.93, based on 545 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. Teqnion AB's current Operating Margin % of 14.23% is 140% 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 Teqnion AB and its competitors. For the Conglomerates industry, the median Operating Margin % is 5.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teqnion AB's current Operating Margin % is 14.23%, which is 54% above median its own 10-year median of 9.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teqnion AB stock overvalued right now?
Based on GuruFocus' analysis, Teqnion AB (FRA:M45) is currently considered Modestly Undervalued. The stock's GF Value™ is €18.51, compared to a current price of €14.28 — trading 22.9% below its estimated fair value. The current Operating Margin % is 14.23%, which is 54% above median its 10-year median of 9.22 and 140% above the Conglomerates industry median of 5.93. Teqnion AB's overall GF Score™ is 62/100 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 Teqnion AB (FRA:M45), the current Operating Margin % is 14.23% 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 Teqnion AB (FRA:M45) Overvalued in 2026?
Based on GuruFocus' analysis, Teqnion AB stock appears to be undervalued.
The current stock price of €14.28 is trading 22.9% below its estimated GF Value™ of €18.51.
GuruFocus considers Teqnion AB to be Modestly Undervalued.
Key valuation signals for FRA:M45:
Operating Margin %: 14.23% (54% above median its 10-year median of 9.22)
GF Value™: €18.51 vs. price of €14.28 (22.9% below fair value)
Industry Position: 140% above the Conglomerates median (#209 of 545)
No single metric tells the full story. See the FRA:M45 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teqnion AB is an industrial group that acquires stable niche companies with good cash flows to develop and own with an eternal horizon. The subsidiaries are managed in a decentralized manner with support from the parent company. Its group of companies consists of agency businesses that include brands, product and service companies developing solutions for specific industrial niches, and manufacturing companies that sell products under their own or customers' brands. Teqnion continuously supports its companies with planning work and problem-solving beyond the everyday management and financial resources. Geographically, the Group generates maximum revenue from Sweden, and the rest from the European Union (excluding Sweden), the United Kingdom, Norway, the USA, and the Rest of the world.
62GF Score
Get the complete analysis for FRA:M45
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