EuroEyes International Eye Clinic (HKSE:01846) Operating Margin %: 12.12% (As of Dec. 2025) — 42% Below Median


HKSE:01846 EuroEyes International Eye Clinic Ltd HKSE:01846
84 GF Score
Price HK$2.35
GF Value HK$5.51
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is EuroEyes International Eye Clinic Operating Margin %?

EuroEyes International Eye Clinic HKSE:01846 84 Operating Margin % is 12.12% as of Dec. 2025, which is 42% below its 10-year median of 20.79. GuruFocus rates HKSE:01846 with a GF Score™ of 84/100 and a GF Value™ of HK$5.51 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 666 Healthcare Providers & Services companies, EuroEyes International Eye Clinic ranks better than 81.08% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. EuroEyes International Eye Clinic's Operating Income for the six months ended in Dec. 2025 was HK$50.8 Mil. EuroEyes International Eye Clinic's Revenue for the six months ended in Dec. 2025 was HK$418.9 Mil. Therefore, EuroEyes International Eye Clinic's Operating Margin % for the quarter that ended in Dec. 2025 was 12.12%.

Warning Sign:

EuroEyes International Eye Clinic Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -11.9%.

The historical rank and industry rank for EuroEyes International Eye Clinic's Operating Margin % or its related term are showing as below:

HKSE:01846' s Operating Margin % Range Over the Past 10 Years
Min: 7.07   Med: 20.79   Max: 39.94
Current: 14.7


HKSE:01846's Operating Margin % is ranked better than
81.08% of 666 companies
in the Healthcare Providers & Services industry
Industry Median: 4.845 vs HKSE:01846: 14.70

EuroEyes International Eye Clinic's 5-Year Average Operating Margin % Growth Rate was -11.90% per year.

EuroEyes International Eye Clinic's Operating Income for the six months ended in Dec. 2025 was HK$50.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$117.0 Mil.


EuroEyes International Eye Clinic  (HKSE:01846) 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.


EuroEyes International Eye Clinic Operating Margin % Related Terms


EuroEyes International Eye Clinic Operating Margin % Historical Data

* Premium members only.

The historical data trend for EuroEyes International Eye Clinic'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.

EuroEyes International Eye Clinic Operating Margin % Chart

EuroEyes International Eye Clinic 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 30.22 22.40 24.39 14.50 14.70

EuroEyes International Eye Clinic Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only 21.67 17.09 11.77 17.57 12.12

HKSE:01846 vs HCA, THC, DVA: Operating Margin % Comparison

For the Medical Care Facilities subindustry, EuroEyes International Eye Clinic'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.


EuroEyes International Eye Clinic Operating Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EuroEyes International Eye Clinic's Operating Margin % distribution charts can be found below:

* The bar in red indicates where EuroEyes International Eye Clinic's Operating Margin % falls into.


HKSE:01846
84GF Score
EuroEyes International Eye Clinic Ltd HKSE:01846
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EuroEyes International Eye Clinic 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.

EuroEyes International Eye Clinic'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 )
=117.032 / 796.041
=14.70 %

EuroEyes International Eye Clinic'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 )
=50.758 / 418.916
=12.12 %

* 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 12.12% mean?
EuroEyes International Eye Clinic (HKSE:01846) has a Operating Margin % of 12.12% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on EuroEyes International Eye Clinic and its competitors. This is 42% below median its historical median of 20.79. Over the past decade, EuroEyes International Eye Clinic's Operating Margin % has ranged from 7.07 to 39.94. According to the industry distribution chart, EuroEyes International Eye Clinic ranks #126 out of 666 companies in the Healthcare Providers & Services industry, placing it in the top 18.9%.
Is EuroEyes International Eye Clinic's Operating Margin % too high?
EuroEyes International Eye Clinic's current Operating Margin % of 12.12% is 42% below median its 10-year median of 20.79. Over the past 10 years, this metric has ranged from a low of 7.07 to a high of 39.94. The Healthcare Providers & Services industry median Operating Margin % is 4.85. EuroEyes International Eye Clinic's value of 12.12% is 150.2% above this industry median. Based on the distribution chart, EuroEyes International Eye Clinic ranks #126 out of 666 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, EuroEyes International Eye Clinic has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EuroEyes International Eye Clinic's Operating Margin % compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, EuroEyes International Eye Clinic ranks #126 out of 666 companies for Operating Margin %. This places EuroEyes International Eye Clinic in the top 19% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.85. EuroEyes International Eye Clinic's value of 12.12% is 150.2% above this benchmark. Historically, EuroEyes International Eye Clinic's own Operating Margin % has ranged from 7.07 to 39.94 over the past decade. While the company's 10-year median is 20.79 vs. the industry median of 4.85, EuroEyes International Eye Clinic 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 Healthcare Providers & Services company?
The median Operating Margin % among Healthcare Providers & Services companies is 4.85, based on 666 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. EuroEyes International Eye Clinic's current Operating Margin % of 12.12% is 150.2% 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 EuroEyes International Eye Clinic and its competitors. For the Healthcare Providers & Services industry, the median Operating Margin % is 4.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EuroEyes International Eye Clinic's current Operating Margin % is 12.12%, which is 42% below median its own 10-year median of 20.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EuroEyes International Eye Clinic stock overvalued right now?
Based on GuruFocus' analysis, EuroEyes International Eye Clinic (HKSE:01846) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$5.51, compared to a current price of HK$2.35 — trading 57.4% below its estimated fair value. The current Operating Margin % is 12.12%, which is 42% below median its 10-year median of 20.79 and 150.2% above the Healthcare Providers & Services industry median of 4.85. EuroEyes International Eye Clinic's overall GF Score™ is 84/100 with 4 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 EuroEyes International Eye Clinic (HKSE:01846), the current Operating Margin % is 12.12% 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 EuroEyes International Eye Clinic (HKSE:01846) Overvalued in 2026?

Based on GuruFocus' analysis, EuroEyes International Eye Clinic stock appears to be undervalued. The current stock price of HK$2.35 is trading 57.4% below its estimated GF Value™ of HK$5.51. GuruFocus considers EuroEyes International Eye Clinic to be Significantly Undervalued.

Key valuation signals for HKSE:01846:

  • Operating Margin %: 12.12% (42% below median its 10-year median of 20.79)
  • GF Value™: HK$5.51 vs. price of HK$2.35 (57.4% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 150.2% above the Healthcare Providers & Services median (#126 of 666)

No single metric tells the full story. See the HKSE:01846 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EuroEyes International Eye Clinic Business Description

Address Valentinskamp 90, Hamburg, DEU, 20355
EuroEyes International Eye Clinic Ltd is principally engaged in the provision of vision correction services in Germany, Denmark, the UK, the PRC including Hong Kong, and Switzerland. The Group is a high-end vision correction service provider in Germany, PRC, the UK, Denmark, and Switzerland. Its vision correction services include refractive laser surgery, phakic lens surgery (ICL), lens exchange surgery, and others including PRK/LASEK and ICRS implantation. Its revenue categories include provision of vision correction services generate maximum revenue, training services, sales of pharmaceutical products and others. The Group's five reportable segments are Germany generate maximum revenue, Denmark, UK, Chinese Mainland, and Switzerland.
84GF Score

Get the complete analysis for HKSE:01846

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

HK$2.35
Price
HK$5.51
GF Value