Wendel SEFRA:WIS -0.61%82 Operating Margin % is 11.16% as of Dec. 2025, which is 7% above its 10-year median of 10.39. GuruFocus rates FRA:WIS with a GF Score™ of 82/100 and a GF Value™ of €100.88 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 657 Asset Management companies, Wendel SE ranks worse than 54.64% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Wendel SE's Operating Income for the
six
months ended in Dec. 2025 was €380 Mil. Wendel SE's Revenue for the
six
months ended in Dec. 2025 was €3,404 Mil. Therefore, Wendel SE's Operating Margin % for the quarter that ended in Dec. 2025 was 11.16%.
Good Sign:
Wendel SE operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Wendel SE's Operating Margin % or its related term are showing as below:
FRA:WIS'
s Operating Margin % Range Over the Past 10 Years
Min: 7.02 Med: 10.39 Max: 13.31
Current: 10.94
FRA:WIS's Operating Margin % is ranked worse than 54.64% of 657
companies
in the Asset Management industry
Industry Median: 16.85
vs FRA:WIS: 10.94
Wendel SE's 5-Year Average Operating Margin % Growth Rate was 7.20% per year.
Wendel SE's Operating Income for the
six
months ended in Dec. 2025 was €380 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €829 Mil.
Wendel SE (FRA:WIS) 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.
Wendel SE Operating Margin % Related Terms
Wendel SE Operating Margin % Historical Data
* Premium members only.
The historical data trend for Wendel SE'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:WIS vs BLK, BX, KKR: Operating Margin % Comparison
For the Asset Management subindustry, Wendel SE'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.
Wendel SE Operating Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Wendel SE's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Wendel SE'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.
Wendel SE'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.
Wendel SE (FRA:WIS) has a Operating Margin % of 11.16% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Wendel SE and its competitors. This is near median its historical median of 10.39. Over the past decade, Wendel SE's Operating Margin % has ranged from 7.02 to 13.31. According to the industry distribution chart, Wendel SE ranks #359 out of 657 companies in the Asset Management industry, placing it in the top 54.6%.
Is Wendel SE's Operating Margin % too high?
Wendel SE's current Operating Margin % of 11.16% is near median its 10-year median of 10.39. Over the past 10 years, this metric has ranged from a low of 7.02 to a high of 13.31. The Asset Management industry median Operating Margin % is 16.85. Wendel SE's value of 11.16% is 33.8% below this industry median. Based on the distribution chart, Wendel SE ranks #359 out of 657 companies in the Asset Management industry, which is below the industry midpoint. Overall, Wendel SE has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wendel SE's Operating Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Wendel SE ranks #359 out of 657 companies for Operating Margin %. This places Wendel SE in the lower half of its industry. The industry median Operating Margin % is 16.85. Wendel SE's value of 11.16% is 33.8% below this benchmark. Historically, Wendel SE's own Operating Margin % has ranged from 7.02 to 13.31 over the past decade. While the company's 10-year median is 10.39 vs. the industry median of 16.85, Wendel SE 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 an Asset Management company?
The median Operating Margin % among Asset Management companies is 16.85, based on 657 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. Wendel SE's current Operating Margin % of 11.16% is 33.8% 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 Wendel SE and its competitors. For the Asset Management industry, the median Operating Margin % is 16.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wendel SE's current Operating Margin % is 11.16%, which is near median its own 10-year median of 10.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wendel SE stock overvalued right now?
Based on GuruFocus' analysis, Wendel SE (FRA:WIS) is currently considered Modestly Undervalued. The stock's GF Value™ is €100.88, compared to a current price of €81.50 — trading 19.2% below its estimated fair value. The current Operating Margin % is 11.16%, which is near median its 10-year median of 10.39 and 33.8% below the Asset Management industry median of 16.85. Wendel SE's overall GF Score™ is 82/100 with 3 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 Wendel SE (FRA:WIS), the current Operating Margin % is 11.16% 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 Wendel SE (FRA:WIS) Overvalued in 2026?
Based on GuruFocus' analysis, Wendel SE stock appears to be undervalued.
The current stock price of €81.50 is trading 19.2% below its estimated GF Value™ of €100.88.
GuruFocus considers Wendel SE to be Modestly Undervalued.
Key valuation signals for FRA:WIS:
Operating Margin %: 11.16% (near median its 10-year median of 10.39)
GF Value™: €100.88 vs. price of €81.50 (19.2% below fair value)
Industry Position: 33.8% below the Asset Management median (#359 of 657)
No single metric tells the full story. See the FRA:WIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wendel SE is a long-term, private equity investment firm that focuses on Africa, North America, and Europe. Over a third of the company's outstanding shares are concentrated in family wealth, which shares its name with the company. Its principal investments are in mobile telephone infrastructure, packaging and labels, paints, coatings and finishing products, and security services. It has two operating segments principal investments portfolio and private asset management platform which includes IK Partners - European private equity firm. The principal investments portfolio includes Bureau Veritas, Stahl, Scalian, CPI, ACAMS, Tarkett and Globeducate.
82GF Score
Get the complete analysis for FRA:WIS
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:WIS has been successfully added to your 
