Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) Operating Margin %: 2.10% (As of Mar. 2026) — 91% Below Median

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IST:FORTE Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS IST:FORTE
61 GF Score
Price ₺109.50
! 8 Warning Signs
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What is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Operating Margin %?

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS IST:FORTE +4.58% 61 Operating Margin % is 2.10% as of Mar. 2026, which is 91% below its 10-year median of 22.37. GuruFocus rates IST:FORTE with a GF Score™ of 61/100. The stock has 8 warning signs investors should review. Among 2,824 Software companies, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks better than 90.86% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Operating Income for the three months ended in Mar. 2026 was ₺21 Mil. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Revenue for the three months ended in Mar. 2026 was ₺992 Mil. Therefore, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Operating Margin % for the quarter that ended in Mar. 2026 was 2.10%.

Good Sign:

Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Operating Margin % or its related term are showing as below:

IST:FORTE' s Operating Margin % Range Over the Past 10 Years
Min: 10.24   Med: 22.37   Max: 30
Current: 23.75


IST:FORTE's Operating Margin % is ranked better than
90.86% of 2824 companies
in the Software industry
Industry Median: 3.885 vs IST:FORTE: 23.75

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's 5-Year Average Operating Margin % Growth Rate was 0.60% per year.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Operating Income for the three months ended in Mar. 2026 was ₺21 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₺743 Mil.

Warning Sign:

Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS has recorded a loss in operating income at least once over the past 3 years.


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS  (IST:FORTE) 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.


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Operating Margin % Related Terms


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Operating Margin % Historical Data

* Premium members only.

The historical data trend for Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Operating Margin % Chart

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 15.33 21.45 24.55 10.24 30.00

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Quarterly Data
Dec20 Dec21 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 -1.01 3.02 -2.32 54.92 2.10

IST:FORTE vs UBER, SHOP, CRM: Operating Margin % Comparison

For the Software - Application subindustry, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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.


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Operating Margin % vs Software Industry

For the Software industry and Technology sector, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Operating Margin % falls into.


IST:FORTE
61GF Score
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS IST:FORTE
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS 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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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 )
=731.359 / 2437.634
=30.00 %

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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 )
=20.852 / 991.714
=2.10 %

* 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 2.10% mean?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a Operating Margin % of 2.10% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. This is 91% below median its historical median of 22.37. Over the past decade, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Operating Margin % has ranged from 10.24 to 30.00. According to the industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #258 out of 2824 companies in the Software industry, placing it in the top 9.1%.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Operating Margin % too high?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Operating Margin % of 2.10% is 91% below median its 10-year median of 22.37. Over the past 10 years, this metric has ranged from a low of 10.24 to a high of 30.00. The Software industry median Operating Margin % is 3.89. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 2.10% is 45.9% below this industry median. Based on the distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #258 out of 2824 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Operating Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #258 out of 2824 companies for Operating Margin %. This places Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS in the top 9% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.89. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 2.10% is 45.9% below this benchmark. Historically, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's own Operating Margin % has ranged from 10.24 to 30.00 over the past decade. While the company's 10-year median is 22.37 vs. the industry median of 3.89, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has consistently been below 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 3.89, based on 2,824 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. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Operating Margin % of 2.10% is 45.9% below 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. For the Software industry, the median Operating Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Operating Margin % is 2.10%, which is 91% below median its own 10-year median of 22.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS stock overvalued right now?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a current Operating Margin % of 2.10%. The current Operating Margin % is 2.10%, which is 91% below median its 10-year median of 22.37 and 45.9% below the Software industry median of 3.89. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's overall GF Score™ is 61/100 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE), the current Operating Margin % is 2.10% 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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Business Description

Address Mustafa Kemal Neighbourhood 2123. Street, Cepa Site Shopping Center No:2/501 Cankaya, Ankara, TUR
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS operates in the fields of system integration and software development. It offers system infrastructure, system integration, software development, consultancy, and Technical Documentation Authoring, Material Coding, and Technical Services.
61GF 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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