Private Assets SE KGaA (HAM:LSNA) Operating Margin %: -2.18% (As of Dec. 2025)


HAM:LSNA Private Assets SE & Co KGaA HAM:LSNA
20 GF Score
Price €3.20
! 8 Warning Signs
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What is Private Assets SE KGaA Operating Margin %?

Private Assets SE KGaA HAM:LSNA 20 Operating Margin % is -2.18% as of Dec. 2025. GuruFocus rates HAM:LSNA with a GF Score™ of 20/100. The stock has 8 warning signs investors should review. Among 653 Asset Management companies, Private Assets SE KGaA ranks worse than 71.36% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Private Assets SE KGaA's Operating Income for the six months ended in Dec. 2025 was €-2.0 Mil. Private Assets SE KGaA's Revenue for the six months ended in Dec. 2025 was €92.6 Mil. Therefore, Private Assets SE KGaA's Operating Margin % for the quarter that ended in Dec. 2025 was -2.18%.

The historical rank and industry rank for Private Assets SE KGaA's Operating Margin % or its related term are showing as below:

HAM:LSNA' s Operating Margin % Range Over the Past 10 Years
Min: -108.45   Med: -4.7   Max: 40.27
Current: -6.43


HAM:LSNA's Operating Margin % is ranked worse than
71.36% of 653 companies
in the Asset Management industry
Industry Median: 17.21 vs HAM:LSNA: -6.43

Private Assets SE KGaA's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Private Assets SE KGaA's Operating Income for the six months ended in Dec. 2025 was €-2.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €-10.8 Mil.

Warning Sign:

Private Assets SE & Co KGaA had lost money in 67% of the time over the past 3quarters.


Private Assets SE KGaA  (HAM:LSNA) 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.


Private Assets SE KGaA Operating Margin % Related Terms


Private Assets SE KGaA Operating Margin % Historical Data

* Premium members only.

The historical data trend for Private Assets SE KGaA'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.

Private Assets SE KGaA Operating Margin % Chart

Private Assets SE KGaA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.48 0.27 -4.70 -6.43

Private Assets SE KGaA Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.88 -4.32 -4.97 -11.63 -2.18

HAM:LSNA vs BLK, BX, KKR: Operating Margin % Comparison

For the Asset Management subindustry, Private Assets SE KGaA'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.


Private Assets SE KGaA Operating Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Private Assets SE KGaA's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Private Assets SE KGaA's Operating Margin % falls into.


HAM:LSNA
20GF Score
Private Assets SE & Co KGaA HAM:LSNA
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Private Assets SE KGaA 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.

Private Assets SE KGaA'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 )
=-10.829 / 168.334
=-6.43 %

Private Assets SE KGaA'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 )
=-2.022 / 92.594
=-2.18 %

* 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 -2.18% mean?
Private Assets SE KGaA (HAM:LSNA) has a Operating Margin % of -2.18% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Private Assets SE KGaA and its competitors. According to the industry distribution chart, Private Assets SE KGaA ranks #466 out of 653 companies in the Asset Management industry, placing it in the top 71.4%.
Is Private Assets SE KGaA's Operating Margin % too high?
Private Assets SE KGaA's current Operating Margin % is -2.18%. Based on the distribution chart, Private Assets SE KGaA ranks #466 out of 653 companies in the Asset Management industry, which is below the industry midpoint. Overall, Private Assets SE KGaA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Private Assets SE KGaA's Operating Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Private Assets SE KGaA ranks #466 out of 653 companies for Operating Margin %. This places Private Assets SE KGaA in the lower half of its industry. The industry median Operating Margin % is 17.21. 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 17.21, based on 653 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 Private Assets SE KGaA and its competitors. For the Asset Management industry, the median Operating Margin % is 17.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Private Assets SE KGaA's current Operating Margin % is -2.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Private Assets SE KGaA stock overvalued right now?
Private Assets SE KGaA (HAM:LSNA) has a current Operating Margin % of -2.18%. The current Operating Margin % is -2.18%. Private Assets SE KGaA's overall GF Score™ is 20/100 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 Private Assets SE KGaA (HAM:LSNA), the current Operating Margin % is -2.18% 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.

Private Assets SE KGaA Business Description

Address Brook 1, Hamburg, DEU, 20457
Private Assets SE & Co KGaA is a Hamburg-based investment company that specializes in corporate investments in special situations. It invests in companies with open succession issues, corporate spin-offs, and medium-sized companies that are currently underperforming.
20GF 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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