Elmos Semiconductor SEHAM:ELG -2.95%83 Operating Margin % is 23.31% as of Mar. 2026, which is 23% above its 10-year median of 18.98. GuruFocus rates HAM:ELG with a GF Score™ of 83/100 and a GF Value™ of €84.65 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,023 Semiconductors companies, Elmos Semiconductor SE ranks better than 87.68% on this metric.
Elmos Semiconductor SE (HAM:ELG) 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.
Elmos Semiconductor SE Operating Margin % Related Terms
Elmos Semiconductor SE Operating Margin % Historical Data
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The historical data trend for Elmos Semiconductor 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.
HAM:ELG vs NVDA, AVGO, MU: Operating Margin % Comparison
For the Semiconductors subindustry, Elmos Semiconductor 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.
Elmos Semiconductor SE Operating Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Elmos Semiconductor SE's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Elmos Semiconductor SE's Operating Margin % falls into.
Elmos Semiconductor SE 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.
Elmos Semiconductor 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.
Elmos Semiconductor SE (HAM:ELG) has a Operating Margin % of 23.31% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Elmos Semiconductor SE and its competitors. This is 23% above median its historical median of 18.98. Over the past decade, Elmos Semiconductor SE's Operating Margin % has ranged from 4.28 to 26.01. According to the industry distribution chart, Elmos Semiconductor SE ranks #126 out of 1023 companies in the Semiconductors industry, placing it in the top 12.3%.
Is Elmos Semiconductor SE's Operating Margin % too high?
Elmos Semiconductor SE's current Operating Margin % of 23.31% is 23% above median its 10-year median of 18.98. Over the past 10 years, this metric has ranged from a low of 4.28 to a high of 26.01. The Semiconductors industry median Operating Margin % is 5.24. Elmos Semiconductor SE's value of 23.31% is 344.8% above this industry median. Based on the distribution chart, Elmos Semiconductor SE ranks #126 out of 1023 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Elmos Semiconductor SE has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elmos Semiconductor SE's Operating Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Elmos Semiconductor SE ranks #126 out of 1023 companies for Operating Margin %. This places Elmos Semiconductor SE in the top 12% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.24. Elmos Semiconductor SE's value of 23.31% is 344.8% above this benchmark. Historically, Elmos Semiconductor SE's own Operating Margin % has ranged from 4.28 to 26.01 over the past decade. While the company's 10-year median is 18.98 vs. the industry median of 5.24, Elmos Semiconductor SE 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 Semiconductors company?
The median Operating Margin % among Semiconductors companies is 5.24, 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. Elmos Semiconductor SE's current Operating Margin % of 23.31% is 344.8% 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 Elmos Semiconductor SE and its competitors. For the Semiconductors industry, the median Operating Margin % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elmos Semiconductor SE's current Operating Margin % is 23.31%, which is 23% above median its own 10-year median of 18.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elmos Semiconductor SE stock overvalued right now?
Based on GuruFocus' analysis, Elmos Semiconductor SE (HAM:ELG) is currently considered Significantly Overvalued. The stock's GF Value™ is €84.65, compared to a current price of €177.80 — trading 110% above its estimated fair value. The current Operating Margin % is 23.31%, which is 23% above median its 10-year median of 18.98 and 344.8% above the Semiconductors industry median of 5.24. Elmos Semiconductor SE's overall GF Score™ is 83/100 with 2 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 Elmos Semiconductor SE (HAM:ELG), the current Operating Margin % is 23.31% 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 Elmos Semiconductor SE (HAM:ELG) Overvalued in 2026?
Based on GuruFocus' analysis, Elmos Semiconductor SE stock appears to be overvalued.
The current stock price of €177.80 is trading 110% above its estimated GF Value™ of €84.65.
GuruFocus considers Elmos Semiconductor SE to be Significantly Overvalued.
Key valuation signals for HAM:ELG:
Operating Margin %: 23.31% (23% above median its 10-year median of 18.98)
GF Value™: €84.65 vs. price of €177.80 (110% above fair value)
Industry Position: 344.8% above the Semiconductors median (#126 of 1023)
No single metric tells the full story. See the HAM:ELG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elmos Semiconductor SE is a company engaged in the technology sector. It caters to the semiconductor industry with the supply of integrated, application-specific microelectronic circuits, optical sensors, and voltage supply components. The semiconductor business is the only business segment of the group. The company's products consist of Engine Control ICs, Sensor ICs, Power management ICs, Interface ICs and Special Projects. Geographically the company generates revenue from Germany, Other EU Countries, America, Asia/Pacific, and Other Countries, where the majority is generated from Asia/Pacific.
83GF Score
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