IVREF (Inovalis Real Estate Investment Trust) Operating Margin %: -58.64% (As of Mar. 2026)


IVREF Inovalis Real Estate Investment Trust IVREF
40 GF Score
Price $0.60
GF Value $0.71
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Inovalis Real Estate Investment Trust Operating Margin %?

Inovalis Real Estate Investment Trust IVREF -6.08% 40 Operating Margin % is -58.64% as of Mar. 2026. GuruFocus rates IVREF with a GF Score™ of 40/100 and a GF Value™ of $0.71 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 750 REITs companies, Inovalis Real Estate Investment Trust ranks worse than 80.4% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Inovalis Real Estate Investment Trust's Operating Income for the three months ended in Mar. 2026 was $-1.57 Mil. Inovalis Real Estate Investment Trust's Revenue for the three months ended in Mar. 2026 was $2.68 Mil. Therefore, Inovalis Real Estate Investment Trust's Operating Margin % for the quarter that ended in Mar. 2026 was -58.64%.

Warning Sign:

Inovalis Real Estate Investment Trust operating margin has been in a 5-year decline. The average rate of decline per year is -11.2%.

The historical rank and industry rank for Inovalis Real Estate Investment Trust's Operating Margin % or its related term are showing as below:

IVREF' s Operating Margin % Range Over the Past 10 Years
Min: 21.09   Med: 49.92   Max: 57.9
Current: 21.09


IVREF's Operating Margin % is ranked worse than
80.4% of 750 companies
in the REITs industry
Industry Median: 52.67 vs IVREF: 21.09

Inovalis Real Estate Investment Trust's 5-Year Average Operating Margin % Growth Rate was -11.20% per year.

Inovalis Real Estate Investment Trust's Operating Income for the three months ended in Mar. 2026 was $-1.57 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $3.13 Mil.


Inovalis Real Estate Investment Trust  (OTCPK:IVREF) 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.


Inovalis Real Estate Investment Trust Operating Margin % Related Terms


Inovalis Real Estate Investment Trust Operating Margin % Historical Data

* Premium members only.

The historical data trend for Inovalis Real Estate Investment Trust'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.

Inovalis Real Estate Investment Trust Operating Margin % Chart

Inovalis Real Estate Investment Trust 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 36.55 46.99 51.08 33.44 23.87

Inovalis Real Estate Investment Trust 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 -19.79 34.97 47.31 33.01 -58.64

IVREF vs BXP, ARE, VNO: Operating Margin % Comparison

For the REIT - Office subindustry, Inovalis Real Estate Investment Trust'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.


Inovalis Real Estate Investment Trust Operating Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Inovalis Real Estate Investment Trust's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Inovalis Real Estate Investment Trust's Operating Margin % falls into.


IVREF
40GF Score
Inovalis Real Estate Investment Trust IVREF
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Inovalis Real Estate Investment Trust 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.

Inovalis Real Estate Investment Trust'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 )
=3.884 / 16.269
=23.87 %

Inovalis Real Estate Investment Trust'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 )
=-1.571 / 2.679
=-58.64 %

* 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 -58.64% mean?
Inovalis Real Estate Investment Trust (IVREF) has a Operating Margin % of -58.64% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Inovalis Real Estate Investment Trust and its competitors. Over the past decade, Inovalis Real Estate Investment Trust's Operating Margin % has ranged from 21.09 to 57.90. According to the industry distribution chart, Inovalis Real Estate Investment Trust ranks #603 out of 750 companies in the REITs industry, placing it in the top 80.4%.
Is Inovalis Real Estate Investment Trust's Operating Margin % too high?
Inovalis Real Estate Investment Trust's current Operating Margin % is -58.64%. Over the past 10 years, this metric has ranged from a low of 21.09 to a high of 57.90. Based on the distribution chart, Inovalis Real Estate Investment Trust ranks #603 out of 750 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Inovalis Real Estate Investment Trust has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inovalis Real Estate Investment Trust's Operating Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Inovalis Real Estate Investment Trust ranks #603 out of 750 companies for Operating Margin %. This places Inovalis Real Estate Investment Trust in the lower half of its industry. The industry median Operating Margin % is 52.67. Historically, Inovalis Real Estate Investment Trust's own Operating Margin % has ranged from 21.09 to 57.90 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 REITs company?
The median Operating Margin % among REITs companies is 52.67, based on 750 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 Inovalis Real Estate Investment Trust and its competitors. For the REITs industry, the median Operating Margin % is 52.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inovalis Real Estate Investment Trust's current Operating Margin % is -58.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inovalis Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Inovalis Real Estate Investment Trust (IVREF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.71, compared to a current price of $0.60 — trading 15.3% below its estimated fair value. The current Operating Margin % is -58.64%. Inovalis Real Estate Investment Trust's overall GF Score™ is 40/100 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 Inovalis Real Estate Investment Trust (IVREF), the current Operating Margin % is -58.64% 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 Inovalis Real Estate Investment Trust (IVREF) Overvalued in 2026?

Based on GuruFocus' analysis, Inovalis Real Estate Investment Trust stock appears to be undervalued. The current stock price of $0.60 is trading 15.3% below its estimated GF Value™ of $0.71. GuruFocus considers Inovalis Real Estate Investment Trust to be Modestly Undervalued.

Key valuation signals for IVREF:

  • Operating Margin %: -58.64%
  • GF Value™: $0.71 vs. price of $0.60 (15.3% below fair value)
  • GF Score™: 40/100 with 9 warning signs

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


Inovalis Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges INO.UN:Canada
Address 151 Yonge Street, 11th Floor, Toronto, ON, CAN, M5C 2W7
Inovalis Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. Its portfolio comprises office properties that are leased to corporate clients in France, Spain, and Germany. The Trust's investment criteria encompass office properties outside of Canada with an occupancy level of above eighty percent (unless AFFO accretive), secured rental cash flows, a property value of approximately between twenty and sixty million euros (unless AFFO accretive), and a potential future upside with respect to matters including rent and area development. The majority of the REIT's revenue is generated through rental income from its investment properties in France.
40GF Score

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

$0.60
Price
$0.71
GF Value