Norsk Titanium AS (HAM:84F) Operating Margin %: -1,023.47% (As of Dec. 2025)


HAM:84F Norsk Titanium AS HAM:84F
76 GF Score
Price €0.08
GF Value €0.09
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Norsk Titanium AS Operating Margin %?

Norsk Titanium AS HAM:84F -1.23% 76 Operating Margin % is -1,023.47% as of Dec. 2025. GuruFocus rates HAM:84F with a GF Score™ of 76/100 and a GF Value™ of €0.09 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 347 Aerospace & Defense companies, Norsk Titanium AS ranks worse than 98.27% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Norsk Titanium AS's Operating Income for the six months ended in Dec. 2025 was €-12.91 Mil. Norsk Titanium AS's Revenue for the six months ended in Dec. 2025 was €1.26 Mil. Therefore, Norsk Titanium AS's Operating Margin % for the quarter that ended in Dec. 2025 was -1,023.47%.

Good Sign:

Norsk Titanium AS operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Norsk Titanium AS's Operating Margin % or its related term are showing as below:

HAM:84F' s Operating Margin % Range Over the Past 10 Years
Min: -10081.46   Med: -1848.08   Max: -591.03
Current: -898.46


HAM:84F's Operating Margin % is ranked worse than
98.27% of 347 companies
in the Aerospace & Defense industry
Industry Median: 7.75 vs HAM:84F: -898.46

Norsk Titanium AS's 5-Year Average Operating Margin % Growth Rate was 34.60% per year.

Norsk Titanium AS's Operating Income for the six months ended in Dec. 2025 was €-12.91 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €-26.74 Mil.

Warning Sign:

Norsk Titanium AS has never been profitable in the past 3 years. It lost money every year.


Norsk Titanium AS  (HAM:84F) 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.


Norsk Titanium AS Operating Margin % Related Terms


Norsk Titanium AS Operating Margin % Historical Data

* Premium members only.

The historical data trend for Norsk Titanium AS'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.

Norsk Titanium AS Operating Margin % Chart

Norsk Titanium AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial -1,587.15 -2,109.08 -1,145.00 -591.09 -898.17

Norsk Titanium AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -943.59 -1,027.16 -420.31 -805.24 -1,023.47

HAM:84F vs GE, RTX, BA: Operating Margin % Comparison

For the Aerospace & Defense subindustry, Norsk Titanium AS'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.


Norsk Titanium AS Operating Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Norsk Titanium AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Norsk Titanium AS's Operating Margin % falls into.


HAM:84F
76GF Score
Norsk Titanium AS HAM:84F
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Norsk Titanium AS 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.

Norsk Titanium AS'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 )
=-26.532 / 2.954
=-898.17 %

Norsk Titanium AS's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=-12.906 / 1.261
=-1,023.47 %

* 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 -1,023.47% mean?
Norsk Titanium AS (HAM:84F) has a Operating Margin % of -1,023.47% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Norsk Titanium AS and its competitors. According to the industry distribution chart, Norsk Titanium AS ranks #341 out of 347 companies in the Aerospace & Defense industry, placing it in the top 98.3%.
Is Norsk Titanium AS's Operating Margin % too high?
Norsk Titanium AS's current Operating Margin % is -1,023.47%. Based on the distribution chart, Norsk Titanium AS ranks #341 out of 347 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Norsk Titanium AS has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norsk Titanium AS's Operating Margin % compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Norsk Titanium AS ranks #341 out of 347 companies for Operating Margin %. This places Norsk Titanium AS in the lower half of its industry. The industry median Operating Margin % is 7.75. 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 Aerospace & Defense company?
The median Operating Margin % among Aerospace & Defense companies is 7.75, based on 347 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 Norsk Titanium AS and its competitors. For the Aerospace & Defense industry, the median Operating Margin % is 7.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norsk Titanium AS's current Operating Margin % is -1,023.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Titanium AS stock overvalued right now?
Based on GuruFocus' analysis, Norsk Titanium AS (HAM:84F) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.09, compared to a current price of €0.08 — trading 10.6% below its estimated fair value. The current Operating Margin % is -1,023.47%. Norsk Titanium AS's overall GF Score™ is 76/100 with 7 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 Norsk Titanium AS (HAM:84F), the current Operating Margin % is -1,023.47% 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 Norsk Titanium AS (HAM:84F) Overvalued in 2026?

Based on GuruFocus' analysis, Norsk Titanium AS stock appears to be undervalued. The current stock price of €0.08 is trading 10.6% below its estimated GF Value™ of €0.09. GuruFocus considers Norsk Titanium AS to be Modestly Undervalued.

Key valuation signals for HAM:84F:

  • Operating Margin %: -1,023.47%
  • GF Value™: €0.09 vs. price of €0.08 (10.6% below fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the HAM:84F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norsk Titanium AS Business Description

Address Flyplassveien 20, Honefoss, NOR, 3514
Norsk Titanium AS is in metal 3D printing. The company uses its proprietary Rapid Plasma Deposition (RPD) technology for cost-efficient 3D printing of metal alloys. This technology enables the production of value-added parts that are suitable for a large market. The company's focus is on high-end structural applications that require the use of titanium parts, which offer substantial benefits compared to traditional materials and production methods. The company caters to high-complexity markets such as commercial aerospace and defense, which allows it to deliver value propositions and position itself for expansion into other markets. Geographically, the company generates revenue from Norway, Europe, and the USA.
76GF Score

Get the complete analysis for HAM:84F

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

€0.08
Price
€0.09
GF Value