DOF Group ASA (FRA:UV3) Operating Margin %: 18.95% (As of Mar. 2026) — Near Median


FRA:UV3 DOF Group ASA FRA:UV3
90 GF Score
Price €10.25
GF Value €8.48
Valuation Modestly Overvalued
! 4 Warning Signs
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What is DOF Group ASA Operating Margin %?

DOF Group ASA FRA:UV3 -2.38% 90 Operating Margin % is 18.95% as of Mar. 2026, which is 4% above its 10-year median of 18.19. GuruFocus rates FRA:UV3 with a GF Score™ of 90/100 and a GF Value™ of €8.48 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,767 Construction companies, DOF Group ASA ranks better than 93.55% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. DOF Group ASA's Operating Income for the three months ended in Mar. 2026 was €78 Mil. DOF Group ASA's Revenue for the three months ended in Mar. 2026 was €411 Mil. Therefore, DOF Group ASA's Operating Margin % for the quarter that ended in Mar. 2026 was 18.95%.

Good Sign:

DOF Group ASA operating margin is expanding. Margin expansion is usually a good sign.

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

FRA:UV3' s Operating Margin % Range Over the Past 10 Years
Min: 10.62   Med: 18.19   Max: 24.16
Current: 23.9


FRA:UV3's Operating Margin % is ranked better than
93.55% of 1767 companies
in the Construction industry
Industry Median: 5.89 vs FRA:UV3: 23.90

DOF Group ASA's 5-Year Average Operating Margin % Growth Rate was 11.30% per year.

DOF Group ASA's Operating Income for the three months ended in Mar. 2026 was €78 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €401 Mil.


DOF Group ASA  (FRA:UV3) 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.


DOF Group ASA Operating Margin % Related Terms


DOF Group ASA Operating Margin % Historical Data

* Premium members only.

The historical data trend for DOF Group ASA'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.

DOF Group ASA Operating Margin % Chart

DOF Group ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 10.62 15.33 19.22 19.42 24.16

DOF Group ASA Quarterly Data
Dec20 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 19.85 28.69 22.80 24.81 18.95

FRA:UV3 vs PWR, FIX, EME: Operating Margin % Comparison

For the Engineering & Construction subindustry, DOF Group ASA'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.


DOF Group ASA Operating Margin % vs Construction Industry

For the Construction industry and Industrials sector, DOF Group ASA's Operating Margin % distribution charts can be found below:

* The bar in red indicates where DOF Group ASA's Operating Margin % falls into.


FRA:UV3
90GF Score
DOF Group ASA FRA:UV3
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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DOF Group ASA 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.

DOF Group ASA'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 )
=386.008 / 1597.834
=24.16 %

DOF Group ASA'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 )
=77.85 / 410.875
=18.95 %

* 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 18.95% mean?
DOF Group ASA (FRA:UV3) has a Operating Margin % of 18.95% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on DOF Group ASA and its competitors. This is near median its historical median of 18.19. Over the past decade, DOF Group ASA's Operating Margin % has ranged from 10.62 to 24.16. According to the industry distribution chart, DOF Group ASA ranks #114 out of 1767 companies in the Construction industry, placing it in the top 6.5%.
Is DOF Group ASA's Operating Margin % too high?
DOF Group ASA's current Operating Margin % of 18.95% is near median its 10-year median of 18.19. Over the past 10 years, this metric has ranged from a low of 10.62 to a high of 24.16. The Construction industry median Operating Margin % is 5.89. DOF Group ASA's value of 18.95% is 221.7% above this industry median. Based on the distribution chart, DOF Group ASA ranks #114 out of 1767 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, DOF Group ASA has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DOF Group ASA's Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, DOF Group ASA ranks #114 out of 1767 companies for Operating Margin %. This places DOF Group ASA in the top 7% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.89. DOF Group ASA's value of 18.95% is 221.7% above this benchmark. Historically, DOF Group ASA's own Operating Margin % has ranged from 10.62 to 24.16 over the past decade. While the company's 10-year median is 18.19 vs. the industry median of 5.89, DOF Group ASA 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 Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,767 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. DOF Group ASA's current Operating Margin % of 18.95% is 221.7% 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 DOF Group ASA and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DOF Group ASA's current Operating Margin % is 18.95%, which is near median its own 10-year median of 18.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DOF Group ASA stock overvalued right now?
Based on GuruFocus' analysis, DOF Group ASA (FRA:UV3) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.48, compared to a current price of €10.25 — trading 20.9% above its estimated fair value. The current Operating Margin % is 18.95%, which is near median its 10-year median of 18.19 and 221.7% above the Construction industry median of 5.89. DOF Group ASA's overall GF Score™ is 90/100 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 DOF Group ASA (FRA:UV3), the current Operating Margin % is 18.95% 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 DOF Group ASA (FRA:UV3) Overvalued in 2026?

Based on GuruFocus' analysis, DOF Group ASA stock appears to be overvalued. The current stock price of €10.25 is trading 20.9% above its estimated GF Value™ of €8.48. GuruFocus considers DOF Group ASA to be Modestly Overvalued.

Key valuation signals for FRA:UV3:

  • Operating Margin %: 18.95% (near median its 10-year median of 18.19)
  • GF Value™: €8.48 vs. price of €10.25 (20.9% above fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 221.7% above the Construction median (#114 of 1767)

No single metric tells the full story. See the FRA:UV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DOF Group ASA Business Description

Address Alfabygget, Storebo, NOR, 5392
DOF Group ASA is a provider of integrated subsea projects and marine services to the offshore energy market. The company operates in segments, which include Shipowning, Norskan, Subsea, DOFCON JV, and Corporate and vessel management. The majority of revenue is derived from the subsea segment, which is engaged in offering of subsea services under the management of one EVP for each of the regions. The activities from the subsea operations include Subsea IMR projects contracts ("subsea projects") and fixed time charter contracts ("long-term chartering").
90GF Score

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

€10.25
Price
€8.48
GF Value