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.
Wereldhave Belgium Operating Margin % Related Terms
Wereldhave Belgium Operating Margin % Historical Data
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The historical data trend for Wereldhave Belgium'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:WPU vs SPG, O, KIM: Operating Margin % Comparison
For the REIT - Retail subindustry, Wereldhave Belgium'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.
Wereldhave Belgium Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Wereldhave Belgium's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Wereldhave Belgium'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.
Wereldhave Belgium'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.
Wereldhave Belgium (FRA:WPU) has a Operating Margin % of 65.30% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Wereldhave Belgium and its competitors. This is near median its historical median of 65.19. Over the past decade, Wereldhave Belgium's Operating Margin % has ranged from 62.68 to 70.38. According to the industry distribution chart, Wereldhave Belgium ranks #232 out of 749 companies in the REITs industry, placing it in the top 31%.
Is Wereldhave Belgium's Operating Margin % too high?
Wereldhave Belgium's current Operating Margin % of 65.30% is near median its 10-year median of 65.19. Over the past 10 years, this metric has ranged from a low of 62.68 to a high of 70.38. The REITs industry median Operating Margin % is 52.71. Wereldhave Belgium's value of 65.30% is 23.9% above this industry median. Based on the distribution chart, Wereldhave Belgium ranks #232 out of 749 companies in the REITs industry, which is above the industry midpoint. Overall, Wereldhave Belgium has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Wereldhave Belgium's Operating Margin % compare to SPG and O?
According to the REITs industry distribution chart, Wereldhave Belgium ranks #232 out of 749 companies for Operating Margin %. This puts Wereldhave Belgium in the upper half of its industry. The industry median Operating Margin % is 52.71. Wereldhave Belgium's value of 65.30% is 23.9% above this benchmark. Historically, Wereldhave Belgium's own Operating Margin % has ranged from 62.68 to 70.38 over the past decade. While the company's 10-year median is 65.19 vs. the industry median of 52.71, Wereldhave Belgium 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 REITs company?
The median Operating Margin % among REITs companies is 52.71, based on 749 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. Wereldhave Belgium's current Operating Margin % of 65.30% is 23.9% 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 Wereldhave Belgium and its competitors. For the REITs industry, the median Operating Margin % is 52.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wereldhave Belgium's current Operating Margin % is 65.30%, which is near median its own 10-year median of 65.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wereldhave Belgium stock overvalued right now?
Wereldhave Belgium (FRA:WPU) has a current Operating Margin % of 65.30%. The stock's GF Value™ is €51.71, compared to a current price of €50.60 — trading 2.1% below its estimated fair value. The current Operating Margin % is 65.30%, which is near median its 10-year median of 65.19 and 23.9% above the REITs industry median of 52.71. Wereldhave Belgium's overall GF Score™ is 83/100 with 8 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 Wereldhave Belgium (FRA:WPU), the current Operating Margin % is 65.30% 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 Wereldhave Belgium (FRA:WPU) Overvalued in 2026?
Based on GuruFocus' analysis, Wereldhave Belgium stock appears to be undervalued.
The current stock price of €50.60 is trading 2.1% below its estimated GF Value™ of €51.71.
Key valuation signals for FRA:WPU:
Operating Margin %: 65.30% (near median its 10-year median of 65.19)
GF Value™: €51.71 vs. price of €50.60 (2.1% below fair value)
Industry Position: 23.9% above the REITs median (#232 of 749)
No single metric tells the full story. See the FRA:WPU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's focus is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. The company has two segments: offices and retail.
83GF 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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