Intercede GroupIRCDF 82 Operating Margin % is 24.85% as of Mar. 2026, which is 213% above its 10-year median of 7.93. GuruFocus rates IRCDF with a GF Score™ of 82/100 and a GF Value™ of $1.85. The stock has 2 warning signs investors should review. Among 2,820 Software companies, Intercede Group ranks better than 86.31% on this metric.
Intercede Group (OTCPK:IRCDF) 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.
Intercede Group Operating Margin % Related Terms
Intercede Group Operating Margin % Historical Data
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The historical data trend for Intercede Group'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.
IRCDF vs CRM, SHOP, UBER: Operating Margin % Comparison
For the Software - Application subindustry, Intercede Group'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.
Intercede Group Operating Margin % vs Software Industry
For the Software industry and Technology sector, Intercede Group's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Intercede Group'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.
Intercede Group's Operating Margin % for the fiscal year that ended in Mar. 2026 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.
Intercede Group (IRCDF) has a Operating Margin % of 24.85% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Intercede Group and its competitors. This is 213% above median its historical median of 7.93. According to the industry distribution chart, Intercede Group ranks #386 out of 2820 companies in the Software industry, placing it in the top 13.7%.
Is Intercede Group's Operating Margin % too high?
Intercede Group's current Operating Margin % of 24.85% is 213% above median its 10-year median of 7.93. The Software industry median Operating Margin % is 3.87. Intercede Group's value of 24.85% is 542.9% above this industry median. Based on the distribution chart, Intercede Group ranks #386 out of 2820 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Intercede Group has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Intercede Group's Operating Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Intercede Group ranks #386 out of 2820 companies for Operating Margin %. This places Intercede Group in the top 14% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.87. Intercede Group's value of 24.85% is 542.9% above this benchmark. While the company's 10-year median is 7.93 vs. the industry median of 3.87, Intercede Group 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 Software company?
The median Operating Margin % among Software companies is 3.87, based on 2,820 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. Intercede Group's current Operating Margin % of 24.85% is 542.9% 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 Intercede Group and its competitors. For the Software industry, the median Operating Margin % is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercede Group's current Operating Margin % is 24.85%, which is 213% above median its own 10-year median of 7.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercede Group stock overvalued right now?
Intercede Group (IRCDF) has a current Operating Margin % of 24.85%. The stock's GF Value™ is $1.85, compared to a current price of $1.37 — trading 25.9% below its estimated fair value. The current Operating Margin % is 24.85%, which is 213% above median its 10-year median of 7.93 and 542.9% above the Software industry median of 3.87. Intercede Group's overall GF Score™ is 82/100 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 Intercede Group (IRCDF), the current Operating Margin % is 24.85% 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 Intercede Group (IRCDF) Overvalued in 2026?
Based on GuruFocus' analysis, Intercede Group stock appears to be undervalued.
The current stock price of $1.37 is trading 25.9% below its estimated GF Value™ of $1.85.
Key valuation signals for IRCDF:
Operating Margin %: 24.85% (213% above median its 10-year median of 7.93)
GF Value™: $1.85 vs. price of $1.37 (25.9% below fair value)
Industry Position: 542.9% above the Software median (#386 of 2820)
No single metric tells the full story. See the IRCDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment simply and cost-effectively. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, the Rest of Europe, the Americas, and the Rest of the world. The majority of its revenue is derived from the Americas.
82GF Score
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