Polisan Holding AS (IST:POLHO) Operating Margin %: -8.08% (As of Mar. 2026)


IST:POLHO Polisan Holding AS IST:POLHO
53 GF Score
Price ₺20.60
GF Value ₺7.81
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Polisan Holding AS Operating Margin %?

Polisan Holding AS IST:POLHO +0.29% 53 Operating Margin % is -8.08% as of Mar. 2026. GuruFocus rates IST:POLHO with a GF Score™ of 53/100 and a GF Value™ of ₺7.81 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,584 Chemicals companies, Polisan Holding AS ranks worse than 54.99% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Polisan Holding AS's Operating Income for the three months ended in Mar. 2026 was ₺-112 Mil. Polisan Holding AS's Revenue for the three months ended in Mar. 2026 was ₺1,385 Mil. Therefore, Polisan Holding AS's Operating Margin % for the quarter that ended in Mar. 2026 was -8.08%.

Warning Sign:

Polisan Holding AS operating margin has been in a 5-year decline. The average rate of decline per year is -2.3%.

The historical rank and industry rank for Polisan Holding AS's Operating Margin % or its related term are showing as below:

IST:POLHO' s Operating Margin % Range Over the Past 10 Years
Min: 5.13   Med: 10.38   Max: 15.28
Current: 5.13


IST:POLHO's Operating Margin % is ranked worse than
54.99% of 1584 companies
in the Chemicals industry
Industry Median: 6.025 vs IST:POLHO: 5.13

Polisan Holding AS's 5-Year Average Operating Margin % Growth Rate was -2.30% per year.

Polisan Holding AS's Operating Income for the three months ended in Mar. 2026 was ₺-112 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₺319 Mil.

Warning Sign:

Polisan Holding AS has recorded a loss in operating income at least once over the past 3 years.


Polisan Holding AS  (IST:POLHO) 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.


Polisan Holding AS Operating Margin % Related Terms


Polisan Holding AS Operating Margin % Historical Data

* Premium members only.

The historical data trend for Polisan Holding 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.

Polisan Holding AS Operating Margin % Chart

Polisan Holding AS 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 14.28 10.58 11.02 15.28 8.51

Polisan Holding AS 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 6.92 8.49 4.48 13.39 -8.08

IST:POLHO vs LIN, SHW, ECL: Operating Margin % Comparison

For the Specialty Chemicals subindustry, Polisan Holding 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.


Polisan Holding AS Operating Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polisan Holding AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Polisan Holding AS's Operating Margin % falls into.


IST:POLHO
53GF Score
Polisan Holding AS IST:POLHO
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Polisan Holding 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.

Polisan Holding 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 )
=545.145 / 6402.284
=8.51 %

Polisan Holding 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 )
=-111.859 / 1384.901
=-8.08 %

* 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 -8.08% mean?
Polisan Holding AS (IST:POLHO) has a Operating Margin % of -8.08% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Polisan Holding AS and its competitors. Over the past decade, Polisan Holding AS's Operating Margin % has ranged from 5.13 to 15.28. According to the industry distribution chart, Polisan Holding AS ranks #871 out of 1584 companies in the Chemicals industry, placing it in the top 55%.
Is Polisan Holding AS's Operating Margin % too high?
Polisan Holding AS's current Operating Margin % is -8.08%. Over the past 10 years, this metric has ranged from a low of 5.13 to a high of 15.28. Based on the distribution chart, Polisan Holding AS ranks #871 out of 1584 companies in the Chemicals industry, which is below the industry midpoint. Overall, Polisan Holding AS has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polisan Holding AS's Operating Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Polisan Holding AS ranks #871 out of 1584 companies for Operating Margin %. This places Polisan Holding AS in the lower half of its industry. The industry median Operating Margin % is 6.03. Historically, Polisan Holding AS's own Operating Margin % has ranged from 5.13 to 15.28 over the past decade. 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 Chemicals company?
The median Operating Margin % among Chemicals companies is 6.03, based on 1,584 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. 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 Polisan Holding AS and its competitors. For the Chemicals industry, the median Operating Margin % is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polisan Holding AS's current Operating Margin % is -8.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polisan Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Polisan Holding AS (IST:POLHO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺7.81, compared to a current price of ₺20.60 — trading 163.8% above its estimated fair value. The current Operating Margin % is -8.08%. Polisan Holding AS's overall GF Score™ is 53/100 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 Polisan Holding AS (IST:POLHO), the current Operating Margin % is -8.08% 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 Polisan Holding AS (IST:POLHO) Overvalued in 2026?

Based on GuruFocus' analysis, Polisan Holding AS stock appears to be overvalued. The current stock price of ₺20.60 is trading 163.8% above its estimated GF Value™ of ₺7.81. GuruFocus considers Polisan Holding AS to be Significantly Overvalued.

Key valuation signals for IST:POLHO:

  • Operating Margin %: -8.08%
  • GF Value™: ₺7.81 vs. price of ₺20.60 (163.8% above fair value)
  • GF Score™: 53/100 with 5 warning signs

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


Polisan Holding AS Business Description

Address Dilovasi Organize Sanayi Bolgesi 1, Kisim Liman Caddesi No: 7, Kocaeli, Dilovasi, TUR
Polisan Holding AS engages in the manufacture and distribution of decorative paints, chemicals, textile goods, and rendering port and storage services. It operates through the following segments: Chemical Products, Port, Services, and Real estate. Majority of the firm's revenue gets derived from Chemical Products segment. The company offers paints, varnishes, resins, and other surface coating and insulation materials; formaldehyde, formaldehyde resins, and construction chemicals, as well as polyethylene terephthalate granules and synthetic fibers; emulsion polymers used in paint, wood, textiles, carpeting, and glue industries.
53GF Score

Get the complete analysis for IST:POLHO

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

₺20.60
Price
₺7.81
GF Value