Fusion Antibodies (LSE:FAB) Operating Margin %: -64.44% (As of Sep. 2025)


LSE:FAB Fusion Antibodies PLC LSE:FAB
33 GF Score
Price £0.12
GF Value £0.04
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Fusion Antibodies Operating Margin %?

Fusion Antibodies LSE:FAB 33 Operating Margin % is -64.44% as of Sep. 2025. GuruFocus rates LSE:FAB with a GF Score™ of 33/100 and a GF Value™ of £0.04 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 945 Biotechnology companies, Fusion Antibodies ranks worse than 51.11% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Fusion Antibodies's Operating Income for the six months ended in Sep. 2025 was £-0.54 Mil. Fusion Antibodies's Revenue for the six months ended in Sep. 2025 was £0.84 Mil. Therefore, Fusion Antibodies's Operating Margin % for the quarter that ended in Sep. 2025 was -64.44%.

Warning Sign:

Fusion Antibodies PLC operating margin has been in a 5-year decline. The average rate of decline per year is -45%.

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

LSE:FAB' s Operating Margin % Range Over the Past 10 Years
Min: -201.32   Med: -28.8   Max: 6.64
Current: -95.55


LSE:FAB's Operating Margin % is ranked worse than
51.11% of 945 companies
in the Biotechnology industry
Industry Median: -86.89 vs LSE:FAB: -95.55

Fusion Antibodies's 5-Year Average Operating Margin % Growth Rate was -45.00% per year.

Fusion Antibodies's Operating Income for the six months ended in Sep. 2025 was £-0.54 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was £-1.53 Mil.


Fusion Antibodies  (LSE:FAB) 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.


Fusion Antibodies Operating Margin % Related Terms


Fusion Antibodies Operating Margin % Historical Data

* Premium members only.

The historical data trend for Fusion Antibodies'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.

Fusion Antibodies Operating Margin % Chart

Fusion Antibodies Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.99 -27.61 -98.52 -201.32 -90.53

Fusion Antibodies Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 -262.29 -145.88 -65.78 -129.95 -64.44

LSE:FAB vs VRTX, REGN, ALNY: Operating Margin % Comparison

For the Biotechnology subindustry, Fusion Antibodies'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.


Fusion Antibodies Operating Margin % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Fusion Antibodies's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Fusion Antibodies's Operating Margin % falls into.


LSE:FAB
33GF Score
Fusion Antibodies PLC LSE:FAB
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fusion Antibodies 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.

Fusion Antibodies's Operating Margin % for the fiscal year that ended in Mar. 2025 is calculated as

Operating Margin %=Operating Income (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=-1.779 / 1.965
=-90.53 %

Fusion Antibodies's Operating Margin % for the quarter that ended in Sep. 2025 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=-0.54 / 0.838
=-64.44 %

* 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 -64.44% mean?
Fusion Antibodies (LSE:FAB) has a Operating Margin % of -64.44% as of Sep. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Fusion Antibodies and its competitors. According to the industry distribution chart, Fusion Antibodies ranks #483 out of 945 companies in the Biotechnology industry, placing it in the top 51.1%.
Is Fusion Antibodies' Operating Margin % too high?
Fusion Antibodies' current Operating Margin % is -64.44%. Based on the distribution chart, Fusion Antibodies ranks #483 out of 945 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Fusion Antibodies has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fusion Antibodies' Operating Margin % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Fusion Antibodies ranks #483 out of 945 companies for Operating Margin %. This places Fusion Antibodies in the lower half of its industry. 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 Biotechnology company?
A good Operating Margin % depends on the Biotechnology industry context. 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 Fusion Antibodies and its competitors. Fusion Antibodies's current Operating Margin % is -64.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fusion Antibodies stock overvalued right now?
Based on GuruFocus' analysis, Fusion Antibodies (LSE:FAB) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.04, compared to a current price of £0.12 — trading 187.5% above its estimated fair value. The current Operating Margin % is -64.44%. Fusion Antibodies' overall GF Score™ is 33/100 with 4 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 Fusion Antibodies (LSE:FAB), the current Operating Margin % is -64.44% as of Sep. 2025. 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 Fusion Antibodies (LSE:FAB) Overvalued in 2026?

Based on GuruFocus' analysis, Fusion Antibodies stock appears to be overvalued. The current stock price of £0.12 is trading 187.5% above its estimated GF Value™ of £0.04. GuruFocus considers Fusion Antibodies to be Significantly Overvalued.

Key valuation signals for LSE:FAB:

  • Operating Margin %: -64.44%
  • GF Value™: £0.04 vs. price of £0.12 (187.5% above fair value)
  • GF Score™: 33/100 with 4 warning signs

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


Fusion Antibodies Business Description

Address 1 Springbank Road, Springbank Industrial Estate, Dunmurry, Northern Ireland, Belfast, GBR, BT17 0QL
Fusion Antibodies PLC is a Contract Research Organisation (CRO) providing antibody identification, engineering, and expression services for the discovery and development of antibodies for human and veterinary therapeutics, as well as for diagnostics. Its customers are pharmaceutical, biotech, veterinary, diagnostic, and life science research companies. The company's three core service areas include: Discovery (identification, screening, and sequencing of novel antibodies); Engineering (optimising the performance of antibodies); and Supply (production and purification of antibodies for further development). Geographically company generates the majority of its revenue from North America and the Rest of the World, followed by the United Kingdom and the Rest of Europe.
33GF Score

Get the complete analysis for LSE:FAB

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

£0.12
Price
£0.04
GF Value