Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) Operating Margin %: -11.34% (As of Mar. 2026)


IST:VESBE Vestel Beyaz Esa Ticaret Sanayi AS IST:VESBE
58 GF Score
Price ₺6.73
GF Value ₺11.09
Valuation Possible Value Trap
! 9 Warning Signs
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What is Vestel Beyaz Esa Ticaretnayi AS Operating Margin %?

Vestel Beyaz Esa Ticaretnayi AS IST:VESBE +9.97% 58 Operating Margin % is -11.34% as of Mar. 2026. GuruFocus rates IST:VESBE with a GF Score™ of 58/100 and a GF Value™ of ₺11.09 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Vestel Beyaz Esa Ticaretnayi AS ranks worse than 81.06% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Vestel Beyaz Esa Ticaretnayi AS's Operating Income for the three months ended in Mar. 2026 was ₺-1,127 Mil. Vestel Beyaz Esa Ticaretnayi AS's Revenue for the three months ended in Mar. 2026 was ₺9,943 Mil. Therefore, Vestel Beyaz Esa Ticaretnayi AS's Operating Margin % for the quarter that ended in Mar. 2026 was -11.34%.

The historical rank and industry rank for Vestel Beyaz Esa Ticaretnayi AS's Operating Margin % or its related term are showing as below:

IST:VESBE' s Operating Margin % Range Over the Past 10 Years
Min: -3.73   Med: 9.33   Max: 16.41
Current: -3.73


IST:VESBE's Operating Margin % is ranked worse than
81.06% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.79 vs IST:VESBE: -3.73

Vestel Beyaz Esa Ticaretnayi AS's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Vestel Beyaz Esa Ticaretnayi AS's Operating Income for the three months ended in Mar. 2026 was ₺-1,127 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₺-2,415 Mil.

Warning Sign:

Vestel Beyaz Esa Ticaret Sanayi AS has recorded a loss in operating income at least once over the past 3 years.


Vestel Beyaz Esa Ticaretnayi AS  (IST:VESBE) 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.


Vestel Beyaz Esa Ticaretnayi AS Operating Margin % Related Terms


Vestel Beyaz Esa Ticaretnayi AS Operating Margin % Historical Data

* Premium members only.

The historical data trend for Vestel Beyaz Esa Ticaretnayi 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.

Vestel Beyaz Esa Ticaretnayi AS Operating Margin % Chart

Vestel Beyaz Esa Ticaretnayi 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 12.95 1.68 9.44 3.42 -1.98

Vestel Beyaz Esa Ticaretnayi 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 -0.99 -0.20 -0.97 -6.29 -11.34

IST:VESBE vs SN, SGI, MHK: Operating Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Vestel Beyaz Esa Ticaretnayi 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.


Vestel Beyaz Esa Ticaretnayi AS Operating Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vestel Beyaz Esa Ticaretnayi AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Vestel Beyaz Esa Ticaretnayi AS's Operating Margin % falls into.


IST:VESBE
58GF Score
Vestel Beyaz Esa Ticaret Sanayi AS IST:VESBE
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vestel Beyaz Esa Ticaretnayi 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.

Vestel Beyaz Esa Ticaretnayi 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 )
=-1469.319 / 74360.043
=-1.98 %

Vestel Beyaz Esa Ticaretnayi 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 )
=-1127.324 / 9943.042
=-11.34 %

* 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 -11.34% mean?
Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) has a Operating Margin % of -11.34% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Vestel Beyaz Esa Ticaretnayi AS and its competitors. According to the industry distribution chart, Vestel Beyaz Esa Ticaretnayi AS ranks #351 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 81.1%.
Is Vestel Beyaz Esa Ticaretnayi AS's Operating Margin % too high?
Vestel Beyaz Esa Ticaretnayi AS's current Operating Margin % is -11.34%. Based on the distribution chart, Vestel Beyaz Esa Ticaretnayi AS ranks #351 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Vestel Beyaz Esa Ticaretnayi AS has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vestel Beyaz Esa Ticaretnayi AS's Operating Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Vestel Beyaz Esa Ticaretnayi AS ranks #351 out of 433 companies for Operating Margin %. This places Vestel Beyaz Esa Ticaretnayi AS in the lower half of its industry. The industry median Operating Margin % is 3.79. 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 Furnishings, Fixtures & Appliances company?
The median Operating Margin % among Furnishings, Fixtures & Appliances companies is 3.79, based on 433 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 Vestel Beyaz Esa Ticaretnayi AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Operating Margin % is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestel Beyaz Esa Ticaretnayi AS's current Operating Margin % is -11.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestel Beyaz Esa Ticaretnayi AS stock overvalued right now?
Based on GuruFocus' analysis, Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) is currently considered Possible Value Trap. The stock's GF Value™ is ₺11.09, compared to a current price of ₺6.73 — trading 39.3% below its estimated fair value. The current Operating Margin % is -11.34%. Vestel Beyaz Esa Ticaretnayi AS's overall GF Score™ is 58/100 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 Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE), the current Operating Margin % is -11.34% 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 Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) Overvalued in 2026?

Based on GuruFocus' analysis, Vestel Beyaz Esa Ticaretnayi AS stock appears to be undervalued. The current stock price of ₺6.73 is trading 39.3% below its estimated GF Value™ of ₺11.09. GuruFocus considers Vestel Beyaz Esa Ticaretnayi AS to be Possible Value Trap.

Key valuation signals for IST:VESBE:

  • Operating Margin %: -11.34%
  • GF Value™: ₺11.09 vs. price of ₺6.73 (39.3% below fair value)
  • GF Score™: 58/100 with 9 warning signs

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


Vestel Beyaz Esa Ticaretnayi AS Business Description

Address Buyukdere Cad. No: 199, Levent 199, Sisli, Istanbul, TUR, 34394
Vestel Beyaz Esa Ticaret Sanayi AS produces refrigerators, room air conditioning units, washing machines, cookers, dishwashers and water heaters. The company operates in single segment and its geographical operations are spread across Turkey, Europe and Other countries with the majority of the revenue generating from Europe.
58GF Score

Get the complete analysis for IST:VESBE

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

₺6.73
Price
₺11.09
GF Value