RHI Magnesita NVFRA:RHF -7.69%74 Operating Margin % is 7.87% as of Dec. 2025, which is 20% below its 10-year median of 9.85. GuruFocus rates FRA:RHF with a GF Score™ of 74/100 and a GF Value™ of €31.44 (Fairly Valued). The stock has 6 warning signs investors should review. Among 3,038 Industrial Products companies, RHI Magnesita NV ranks better than 54.54% on this metric.
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.
RHI Magnesita NV Operating Margin % Related Terms
RHI Magnesita NV Operating Margin % Historical Data
* Premium members only.
The historical data trend for RHI Magnesita NV'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:RHF vs ATI, CRS, MLI: Operating Margin % Comparison
For the Metal Fabrication subindustry, RHI Magnesita NV'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.
RHI Magnesita NV Operating Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, RHI Magnesita NV's Operating Margin % distribution charts can be found below:
* The bar in red indicates where RHI Magnesita NV'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.
RHI Magnesita NV'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.
RHI Magnesita NV (FRA:RHF) has a Operating Margin % of 7.87% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on RHI Magnesita NV and its competitors. This is 20% below median its historical median of 9.85. Over the past decade, RHI Magnesita NV's Operating Margin % has ranged from 7.07 to 12.76. According to the industry distribution chart, RHI Magnesita NV ranks #1381 out of 3038 companies in the Industrial Products industry, placing it in the top 45.5%.
Is RHI Magnesita NV's Operating Margin % too high?
RHI Magnesita NV's current Operating Margin % of 7.87% is 20% below median its 10-year median of 9.85. Over the past 10 years, this metric has ranged from a low of 7.07 to a high of 12.76. The Industrial Products industry median Operating Margin % is 6.53. RHI Magnesita NV's value of 7.87% is 20.5% above this industry median. Based on the distribution chart, RHI Magnesita NV ranks #1381 out of 3038 companies in the Industrial Products industry, which is above the industry midpoint. Overall, RHI Magnesita NV has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RHI Magnesita NV's Operating Margin % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, RHI Magnesita NV ranks #1381 out of 3038 companies for Operating Margin %. This puts RHI Magnesita NV in the upper half of its industry. The industry median Operating Margin % is 6.53. RHI Magnesita NV's value of 7.87% is 20.5% above this benchmark. Historically, RHI Magnesita NV's own Operating Margin % has ranged from 7.07 to 12.76 over the past decade. While the company's 10-year median is 9.85 vs. the industry median of 6.53, RHI Magnesita NV 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 an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.53, based on 3,038 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. RHI Magnesita NV's current Operating Margin % of 7.87% is 20.5% 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 RHI Magnesita NV and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RHI Magnesita NV's current Operating Margin % is 7.87%, which is 20% below median its own 10-year median of 9.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RHI Magnesita NV stock overvalued right now?
Based on GuruFocus' analysis, RHI Magnesita NV (FRA:RHF) is currently considered Fairly Valued. The stock's GF Value™ is €31.44, compared to a current price of €30.00 — trading 4.6% below its estimated fair value. The current Operating Margin % is 7.87%, which is 20% below median its 10-year median of 9.85 and 20.5% above the Industrial Products industry median of 6.53. RHI Magnesita NV's overall GF Score™ is 74/100 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 RHI Magnesita NV (FRA:RHF), the current Operating Margin % is 7.87% 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 RHI Magnesita NV (FRA:RHF) Overvalued in 2026?
Based on GuruFocus' analysis, RHI Magnesita NV stock appears to be undervalued.
The current stock price of €30.00 is trading 4.6% below its estimated GF Value™ of €31.44.
GuruFocus considers RHI Magnesita NV to be Fairly Valued.
Key valuation signals for FRA:RHF:
Operating Margin %: 7.87% (20% below median its 10-year median of 9.85)
GF Value™: €31.44 vs. price of €30.00 (4.6% below fair value)
Industry Position: 20.5% above the Industrial Products median (#1381 of 3038)
No single metric tells the full story. See the FRA:RHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RHI Magnesita NV operates in the refractory industry. The core activities of the group comprise the development and production, as well as the sale, installation, and maintenance of refractory products and systems. The company has seven reportable segments: six regional segments-Europe & CIS, North America, Latin America, China & East Asia, India & Middle East, and Turkiye & Africa-and the Minerals segment. The regional segments focus on providing refractory products, related services, and technology solutions to customers in industries such as steel and other industrial sectors within their respective geographic markets, while the Minerals segment is engaged in the sourcing, processing, and supply of raw materials used in refractory production.
74GF Score
Get the complete analysis for FRA:RHF
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:RHF has been successfully added to your 
