The historical rank and industry rank for National CineMedia's Operating Margin % or its related term are showing as below:
FRA:XWM0'
s Operating Margin % Range Over the Past 10 Years
Min: -65.6 Med: -0.31 Max: 38.65
Current: -6.97
FRA:XWM0's Operating Margin % is ranked worse than 70.67% of 1023
companies
in the Media - Diversified industry
Industry Median: 2.51
vs FRA:XWM0: -6.97
National CineMedia's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
National CineMedia (FRA:XWM0) 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.
National CineMedia Operating Margin % Related Terms
National CineMedia Operating Margin % Historical Data
* Premium members only.
The historical data trend for National CineMedia'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:XWM0 vs TC, NEXN, TSQ: Operating Margin % Comparison
For the Advertising Agencies subindustry, National CineMedia'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.
National CineMedia Operating Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, National CineMedia's Operating Margin % distribution charts can be found below:
* The bar in red indicates where National CineMedia'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.
National CineMedia'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.
National CineMedia (FRA:XWM0) has a Operating Margin % of -79.12% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on National CineMedia and its competitors. According to the industry distribution chart, National CineMedia ranks #723 out of 1023 companies in the Media - Diversified industry, placing it in the top 70.7%.
Is National CineMedia's Operating Margin % too high?
National CineMedia's current Operating Margin % is -79.12%. Based on the distribution chart, National CineMedia ranks #723 out of 1023 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, National CineMedia has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does National CineMedia's Operating Margin % compare to TC and NEXN?
According to the Media - Diversified industry distribution chart, National CineMedia ranks #723 out of 1023 companies for Operating Margin %. This places National CineMedia in the lower half of its industry. The industry median Operating Margin % is 2.51. 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 Media - Diversified company?
The median Operating Margin % among Media - Diversified companies is 2.51, based on 1,023 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. 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 National CineMedia and its competitors. For the Media - Diversified industry, the median Operating Margin % is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National CineMedia's current Operating Margin % is -79.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National CineMedia stock overvalued right now?
National CineMedia (FRA:XWM0) has a current Operating Margin % of -79.12%. The stock's GF Value™ is €3.85, compared to a current price of €3.02 — trading 21.6% below its estimated fair value. The current Operating Margin % is -79.12%. National CineMedia's overall GF Score™ is 60/100 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 National CineMedia (FRA:XWM0), the current Operating Margin % is -79.12% 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 National CineMedia (FRA:XWM0) Overvalued in 2026?
Based on GuruFocus' analysis, National CineMedia stock appears to be undervalued.
The current stock price of €3.02 is trading 21.6% below its estimated GF Value™ of €3.85.
Key valuation signals for FRA:XWM0:
Operating Margin %: -79.12%
GF Value™: €3.85 vs. price of €3.02 (21.6% below fair value)
No single metric tells the full story. See the FRA:XWM0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National CineMedia Inc is a cinema advertising platform in the U.S. It derives revenue from the sale of advertising to national, regional and local businesses through The Noovie Show and the CineLife Show, the cinema advertising and entertainment show seen on movie screens across the U.S., on LEN, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theater lobbies.
60GF 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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