Mulberry GroupFRA:MUY 37 Operating Margin % is -9.90% as of Sep. 2025. GuruFocus rates FRA:MUY with a GF Score™ of 37/100 and a GF Value™ of €0.91 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,043 Manufacturing - Apparel & Accessories companies, Mulberry Group ranks worse than 91.56% on this metric.
The historical rank and industry rank for Mulberry Group's Operating Margin % or its related term are showing as below:
FRA:MUY'
s Operating Margin % Range Over the Past 10 Years
Min: -21.85 Med: 3.68 Max: 11.7
Current: -18.32
FRA:MUY's Operating Margin % is ranked worse than 91.56% of 1043
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.08
vs FRA:MUY: -18.32
Mulberry Group's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Mulberry Group PLC had lost money in 67% of the time over the past 3quarters.
Mulberry Group (FRA:MUY) 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.
Mulberry Group Operating Margin % Related Terms
Mulberry Group Operating Margin % Historical Data
* Premium members only.
The historical data trend for Mulberry 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:MUY vs NKE, DECK, ONON: Operating Margin % Comparison
For the Footwear & Accessories subindustry, Mulberry 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.
Mulberry Group Operating Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mulberry Group's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Mulberry 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.
Mulberry Group's Operating Margin % for the fiscal year that ended in Mar. 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.
Mulberry Group (FRA:MUY) has a Operating Margin % of -9.90% as of Sep. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Mulberry Group and its competitors. According to the industry distribution chart, Mulberry Group ranks #955 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 91.6%.
Is Mulberry Group's Operating Margin % too high?
Mulberry Group's current Operating Margin % is -9.90%. Based on the distribution chart, Mulberry Group ranks #955 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Mulberry Group has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mulberry Group's Operating Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mulberry Group ranks #955 out of 1043 companies for Operating Margin %. This places Mulberry Group 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 Mulberry Group 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. Mulberry Group's current Operating Margin % is -9.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mulberry Group stock overvalued right now?
Based on GuruFocus' analysis, Mulberry Group (FRA:MUY) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.91, compared to a current price of €1.45 — trading 59.3% above its estimated fair value. The current Operating Margin % is -9.90%. Mulberry Group's overall GF Score™ is 37/100 with 9 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 Mulberry Group (FRA:MUY), the current Operating Margin % is -9.90% as of Sep. 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 Mulberry Group (FRA:MUY) Overvalued in 2026?
Based on GuruFocus' analysis, Mulberry Group stock appears to be overvalued.
The current stock price of €1.45 is trading 59.3% above its estimated GF Value™ of €0.91.
GuruFocus considers Mulberry Group to be Significantly Overvalued.
Key valuation signals for FRA:MUY:
Operating Margin %: -9.90%
GF Value™: €0.91 vs. price of €1.45 (59.3% above fair value)
No single metric tells the full story. See the FRA:MUY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mulberry Group PLC is a manufacturer of luxury leather goods in the United Kingdom. The Group designs, manufactures and manages its business under the Mulberry brand. The company operates in three geographical segments: UK, Asia Pacific, and Other international. Through its Omni Channel operations, the UK segment generates the majority of the revenue for the company.
37GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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