Erciyas Celik Borunayi (IST:ERCB) Operating Margin %: 4.87% (As of Mar. 2026) — Near Median


IST:ERCB Erciyas Celik Boru Sanayi IST:ERCB
24 GF Score
Price ₺49.76
GF Value ₺91.64
Valuation Possible Value Trap
! 9 Warning Signs
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What is Erciyas Celik Borunayi Operating Margin %?

Erciyas Celik Borunayi IST:ERCB +2.01% 24 Operating Margin % is 4.87% as of Mar. 2026, which is 3% above its 10-year median of 4.72. GuruFocus rates IST:ERCB with a GF Score™ of 24/100 and a GF Value™ of ₺91.64 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 612 Steel companies, Erciyas Celik Borunayi ranks worse than 60.95% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Erciyas Celik Borunayi's Operating Income for the three months ended in Mar. 2026 was ₺48 Mil. Erciyas Celik Borunayi's Revenue for the three months ended in Mar. 2026 was ₺991 Mil. Therefore, Erciyas Celik Borunayi's Operating Margin % for the quarter that ended in Mar. 2026 was 4.87%.

The historical rank and industry rank for Erciyas Celik Borunayi's Operating Margin % or its related term are showing as below:

IST:ERCB' s Operating Margin % Range Over the Past 10 Years
Min: 1.63   Med: 4.72   Max: 7.58
Current: 1.63


IST:ERCB's Operating Margin % is ranked worse than
60.95% of 612 companies
in the Steel industry
Industry Median: 2.99 vs IST:ERCB: 1.63

Erciyas Celik Borunayi's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Erciyas Celik Borunayi's Operating Income for the three months ended in Mar. 2026 was ₺48 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₺109 Mil.

Warning Sign:

Erciyas Celik Boru Sanayi has recorded a loss in operating income at least once over the past 3 years.


Erciyas Celik Borunayi  (IST:ERCB) 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.


Erciyas Celik Borunayi Operating Margin % Related Terms


Erciyas Celik Borunayi Operating Margin % Historical Data

* Premium members only.

The historical data trend for Erciyas Celik Borunayi'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.

Erciyas Celik Borunayi Operating Margin % Chart

Erciyas Celik Borunayi Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 7.58 4.74 4.72 3.69 2.65

Erciyas Celik Borunayi Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 16.14 13.28 13.62 -32.80 4.87

IST:ERCB vs NUE, STLD, RS: Operating Margin % Comparison

For the Steel subindustry, Erciyas Celik Borunayi'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.


Erciyas Celik Borunayi Operating Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Erciyas Celik Borunayi's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Erciyas Celik Borunayi's Operating Margin % falls into.


IST:ERCB
24GF Score
Erciyas Celik Boru Sanayi IST:ERCB
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Erciyas Celik Borunayi 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.

Erciyas Celik Borunayi'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 )
=187.74 / 7076.537
=2.65 %

Erciyas Celik Borunayi's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=48.294 / 990.771
=4.87 %

* 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 4.87% mean?
Erciyas Celik Borunayi (IST:ERCB) has a Operating Margin % of 4.87% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Erciyas Celik Borunayi and its competitors. This is near median its historical median of 4.72. Over the past decade, Erciyas Celik Borunayi's Operating Margin % has ranged from 1.63 to 7.58. According to the industry distribution chart, Erciyas Celik Borunayi ranks #373 out of 612 companies in the Steel industry, placing it in the top 60.9%.
Is Erciyas Celik Borunayi's Operating Margin % too high?
Erciyas Celik Borunayi's current Operating Margin % of 4.87% is near median its 10-year median of 4.72. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 7.58. The Steel industry median Operating Margin % is 2.99. Erciyas Celik Borunayi's value of 4.87% is 62.9% above this industry median. Based on the distribution chart, Erciyas Celik Borunayi ranks #373 out of 612 companies in the Steel industry, which is below the industry midpoint. Overall, Erciyas Celik Borunayi has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Erciyas Celik Borunayi's Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Erciyas Celik Borunayi ranks #373 out of 612 companies for Operating Margin %. This places Erciyas Celik Borunayi in the lower half of its industry. The industry median Operating Margin % is 2.99. Erciyas Celik Borunayi's value of 4.87% is 62.9% above this benchmark. Historically, Erciyas Celik Borunayi's own Operating Margin % has ranged from 1.63 to 7.58 over the past decade. While the company's 10-year median is 4.72 vs. the industry median of 2.99, Erciyas Celik Borunayi 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 Steel company?
The median Operating Margin % among Steel companies is 2.99, based on 612 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. Erciyas Celik Borunayi's current Operating Margin % of 4.87% is 62.9% 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 Erciyas Celik Borunayi and its competitors. For the Steel industry, the median Operating Margin % is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erciyas Celik Borunayi's current Operating Margin % is 4.87%, which is near median its own 10-year median of 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erciyas Celik Borunayi stock overvalued right now?
Based on GuruFocus' analysis, Erciyas Celik Borunayi (IST:ERCB) is currently considered Possible Value Trap. The stock's GF Value™ is ₺91.64, compared to a current price of ₺49.76 — trading 45.7% below its estimated fair value. The current Operating Margin % is 4.87%, which is near median its 10-year median of 4.72 and 62.9% above the Steel industry median of 2.99. Erciyas Celik Borunayi's overall GF Score™ is 24/100 with 9 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 Erciyas Celik Borunayi (IST:ERCB), the current Operating Margin % is 4.87% 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 Erciyas Celik Borunayi (IST:ERCB) Overvalued in 2026?

Based on GuruFocus' analysis, Erciyas Celik Borunayi stock appears to be undervalued. The current stock price of ₺49.76 is trading 45.7% below its estimated GF Value™ of ₺91.64. GuruFocus considers Erciyas Celik Borunayi to be Possible Value Trap.

Key valuation signals for IST:ERCB:

  • Operating Margin %: 4.87% (near median its 10-year median of 4.72)
  • GF Value™: ₺91.64 vs. price of ₺49.76 (45.7% below fair value)
  • GF Score™: 24/100 with 9 warning signs
  • Industry Position: 62.9% above the Steel median (#373 of 612)

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


Erciyas Celik Borunayi Business Description

Address Palladium Tower Barbaros M. Halk Cd. Kardelen, Sk. No:2/1 Kat:25-26 34746 Atasehir, Istanbul, TUR
Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.
24GF Score

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

₺49.76
Price
₺91.64
GF Value