BOE VaritronixFRA:VTX +0.97%59 Operating Margin % is 2.00% as of Dec. 2025, which is at its 10-year median of 2.00. GuruFocus rates FRA:VTX with a GF Score™ of 59/100 and a GF Value™ of €0.77 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,471 Hardware companies, BOE Varitronix ranks worse than 61.31% 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.
BOE Varitronix Operating Margin % Related Terms
BOE Varitronix Operating Margin % Historical Data
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The historical data trend for BOE Varitronix'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:VTX vs APH, GLW, TEL: Operating Margin % Comparison
For the Electronic Components subindustry, BOE Varitronix'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.
BOE Varitronix Operating Margin % vs Hardware Industry
For the Hardware industry and Technology sector, BOE Varitronix's Operating Margin % distribution charts can be found below:
* The bar in red indicates where BOE Varitronix'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.
BOE Varitronix'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.
BOE Varitronix (FRA:VTX) has a Operating Margin % of 2.00% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on BOE Varitronix and its competitors. This is near median its historical median of 2.00. According to the industry distribution chart, BOE Varitronix ranks #1515 out of 2471 companies in the Hardware industry, placing it in the top 61.3%.
Is BOE Varitronix's Operating Margin % too high?
BOE Varitronix's current Operating Margin % of 2.00% is near median its 10-year median of 2.00. The Hardware industry median Operating Margin % is 3.80. BOE Varitronix's value of 2.00% is 47.4% below this industry median. Based on the distribution chart, BOE Varitronix ranks #1515 out of 2471 companies in the Hardware industry, which is below the industry midpoint. Overall, BOE Varitronix has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BOE Varitronix's Operating Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, BOE Varitronix ranks #1515 out of 2471 companies for Operating Margin %. This places BOE Varitronix in the lower half of its industry. The industry median Operating Margin % is 3.80. BOE Varitronix's value of 2.00% is 47.4% below this benchmark. While the company's 10-year median is 2.00 vs. the industry median of 3.80, BOE Varitronix has consistently been below 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.80, based on 2,471 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. BOE Varitronix's current Operating Margin % of 2.00% is 47.4% below 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 BOE Varitronix and its competitors. For the Hardware industry, the median Operating Margin % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOE Varitronix's current Operating Margin % is 2.00%, which is near median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOE Varitronix stock overvalued right now?
Based on GuruFocus' analysis, BOE Varitronix (FRA:VTX) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.77, compared to a current price of €0.42 — trading 46% below its estimated fair value. The current Operating Margin % is 2.00%, which is near median its 10-year median of 2.00 and 47.4% below the Hardware industry median of 3.80. BOE Varitronix's overall GF Score™ is 59/100 with 5 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 BOE Varitronix (FRA:VTX), the current Operating Margin % is 2.00% 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 BOE Varitronix (FRA:VTX) Overvalued in 2026?
Based on GuruFocus' analysis, BOE Varitronix stock appears to be undervalued.
The current stock price of €0.42 is trading 46% below its estimated GF Value™ of €0.77.
GuruFocus considers BOE Varitronix to be Significantly Undervalued.
Key valuation signals for FRA:VTX:
Operating Margin %: 2.00% (near median its 10-year median of 2.00)
GF Value™: €0.77 vs. price of €0.42 (46% below fair value)
Industry Position: 47.4% below the Hardware median (#1515 of 2471)
No single metric tells the full story. See the FRA:VTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the design, manufacture and sale of liquid crystal displays and related products. The company's geographical segments include the PRC, Europe, Japan, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.
59GF Score
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