Impala Platinum HoldingsIMPUF 78 Operating Margin % is 22.11% as of Dec. 2025, which is 130% above its 10-year median of 9.60. GuruFocus rates IMPUF with a GF Score™ of 78/100 and a GF Value™ of $10.09 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 841 Metals & Mining companies, Impala Platinum Holdings ranks better than 63.14% on this metric.
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.
Impala Platinum Holdings Operating Margin % Related Terms
Impala Platinum Holdings Operating Margin % Historical Data
* 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.
For the Other Precious Metals & Mining subindustry, Impala Platinum Holdings'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.
Impala Platinum Holdings Operating Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Impala Platinum Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Impala Platinum Holdings'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.
Impala Platinum Holdings's Operating Margin % for the fiscal year that ended in Jun. 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.
Impala Platinum Holdings (IMPUF) has a Operating Margin % of 22.11% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Impala Platinum Holdings and its competitors. This is 130% above median its historical median of 9.60. According to the industry distribution chart, Impala Platinum Holdings ranks #310 out of 841 companies in the Metals & Mining industry, placing it in the top 36.9%.
Is Impala Platinum Holdings' Operating Margin % too high?
Impala Platinum Holdings' current Operating Margin % of 22.11% is 130% above median its 10-year median of 9.60. The Metals & Mining industry median Operating Margin % is 5.72. Impala Platinum Holdings' value of 22.11% is 286.5% above this industry median. Based on the distribution chart, Impala Platinum Holdings ranks #310 out of 841 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Impala Platinum Holdings has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Impala Platinum Holdings' Operating Margin % compare to HL?
According to the Metals & Mining industry distribution chart, Impala Platinum Holdings ranks #310 out of 841 companies for Operating Margin %. This puts Impala Platinum Holdings in the upper half of its industry. The industry median Operating Margin % is 5.72. Impala Platinum Holdings' value of 22.11% is 286.5% above this benchmark. While the company's 10-year median is 9.60 vs. the industry median of 5.72, Impala Platinum Holdings 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 Metals & Mining company?
The median Operating Margin % among Metals & Mining companies is 5.72, based on 841 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. Impala Platinum Holdings's current Operating Margin % of 22.11% is 286.5% 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 Impala Platinum Holdings and its competitors. For the Metals & Mining industry, the median Operating Margin % is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impala Platinum Holdings's current Operating Margin % is 22.11%, which is 130% above median its own 10-year median of 9.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impala Platinum Holdings stock overvalued right now?
Based on GuruFocus' analysis, Impala Platinum Holdings (IMPUF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.09, compared to a current price of $11.55 — trading 14.5% above its estimated fair value. The current Operating Margin % is 22.11%, which is 130% above median its 10-year median of 9.60 and 286.5% above the Metals & Mining industry median of 5.72. Impala Platinum Holdings' overall GF Score™ is 78/100 with 5 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 Impala Platinum Holdings (IMPUF), the current Operating Margin % is 22.11% 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 Impala Platinum Holdings (IMPUF) Overvalued in 2026?
Based on GuruFocus' analysis, Impala Platinum Holdings stock appears to be overvalued.
The current stock price of $11.55 is trading 14.5% above its estimated GF Value™ of $10.09.
GuruFocus considers Impala Platinum Holdings to be Modestly Overvalued.
Key valuation signals for IMPUF:
Operating Margin %: 22.11% (130% above median its 10-year median of 9.60)
GF Value™: $10.09 vs. price of $11.55 (14.5% above fair value)
Industry Position: 286.5% above the Metals & Mining median (#310 of 841)
No single metric tells the full story. See the IMPUF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impala Platinum Holdings Ltd is one of the producers of platinum and associated platinum group metals, including palladium and rhodium. The company is structured with five main operations located in Impala, Zimplats, Marula, Mimosa, and Two Rivers. Impala is the group's main operational unit and is situated on the Impala lease area on the western limb of Bushveld, east of Johannesburg in South Africa, and platinum-group-metal-bearing ore bodies in the world.
78GF Score
Get the complete analysis for IMPUF
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IMPUF has been successfully added to your 
