Hardide (LSE:HDD) Operating Margin %: 26.79% (As of Mar. 2026)


LSE:HDD Hardide PLC LSE:HDD
42 GF Score
Price £0.71
GF Value £0.13
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Hardide Operating Margin %?

Hardide LSE:HDD -1.40% 42 Operating Margin % is 26.79% as of Mar. 2026. GuruFocus rates LSE:HDD with a GF Score™ of 42/100 and a GF Value™ of £0.13 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,584 Chemicals companies, Hardide ranks better than 90.66% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hardide's Operating Income for the six months ended in Mar. 2026 was £1.28 Mil. Hardide's Revenue for the six months ended in Mar. 2026 was £4.79 Mil. Therefore, Hardide's Operating Margin % for the quarter that ended in Mar. 2026 was 26.79%.

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

LSE:HDD' s Operating Margin % Range Over the Past 10 Years
Min: -80.39   Med: -25.19   Max: 19.18
Current: 19.18


LSE:HDD's Operating Margin % is ranked better than
90.66% of 1584 companies
in the Chemicals industry
Industry Median: 6.025 vs LSE:HDD: 19.18

Hardide's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Hardide's Operating Income for the six months ended in Mar. 2026 was £1.28 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was £1.54 Mil.


Hardide  (LSE:HDD) 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.


Hardide Operating Margin % Related Terms


Hardide Operating Margin % Historical Data

* Premium members only.

The historical data trend for Hardide'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.

Hardide Operating Margin % Chart

Hardide Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -78.57 -42.85 -17.49 -16.72 4.31

Hardide Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -41.68 3.48 0.18 7.90 26.79

LSE:HDD vs LIN, SHW, ECL: Operating Margin % Comparison

For the Specialty Chemicals subindustry, Hardide'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.


Hardide Operating Margin % vs Chemicals Industry

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

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


LSE:HDD
42GF Score
Hardide PLC LSE:HDD
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hardide 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.

Hardide's Operating Margin % for the fiscal year that ended in Sep. 2025 is calculated as

Operating Margin %=Operating Income (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=0.26 / 6.03
=4.31 %

Hardide'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 )
=1.283 / 4.789
=26.79 %

* 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 26.79% mean?
Hardide (LSE:HDD) has a Operating Margin % of 26.79% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Hardide and its competitors. According to the industry distribution chart, Hardide ranks #148 out of 1584 companies in the Chemicals industry, placing it in the top 9.3%.
Is Hardide's Operating Margin % too high?
Hardide's current Operating Margin % is 26.79%. The Chemicals industry median Operating Margin % is 6.03. Hardide's value of 26.79% is 344.6% above this industry median. Based on the distribution chart, Hardide ranks #148 out of 1584 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Hardide has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hardide's Operating Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hardide ranks #148 out of 1584 companies for Operating Margin %. This places Hardide in the top 9% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.03. Hardide's value of 26.79% is 344.6% above this benchmark. 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. Hardide's current Operating Margin % of 26.79% is 344.6% above 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 Hardide 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. Hardide's current Operating Margin % is 26.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hardide stock overvalued right now?
Based on GuruFocus' analysis, Hardide (LSE:HDD) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.13, compared to a current price of £0.71 — trading 442.3% above its estimated fair value. The current Operating Margin % is 26.79% and 344.6% above the Chemicals industry median of 6.03. Hardide's overall GF Score™ is 42/100 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 Hardide (LSE:HDD), the current Operating Margin % is 26.79% 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 Hardide (LSE:HDD) Overvalued in 2026?

Based on GuruFocus' analysis, Hardide stock appears to be overvalued. The current stock price of £0.71 is trading 442.3% above its estimated GF Value™ of £0.13. GuruFocus considers Hardide to be Significantly Overvalued.

Key valuation signals for LSE:HDD:

  • Operating Margin %: 26.79%
  • GF Value™: £0.13 vs. price of £0.71 (442.3% above fair value)
  • GF Score™: 42/100 with 5 warning signs
  • Industry Position: 344.6% above the Chemicals median (#148 of 1584)

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


Hardide Business Description

Other Exchanges 9V0:Germany
Address 9 Longlands Road, Bicester, Oxfordshire, GBR, OX26 5AH
Hardide PLC is a UK-based company that acts as a provider of tungsten carbide coatings for metal components operating in abrasive, erosive, corrosive, and chemically aggressive environments. The company provides nanostructured and patented, low-temperature chemical vapour deposition coating which provides wear and corrosion resistance and combines toughness with ductility. It extends the life of critical components across high-value industries and applications including oil and gas, pumps, aerospace, petrochemical, power generation, defense, industrial tooling, and others. The company has it's reportable segments namely UK operation, United States operation and Corporate Central Functions. The majority of the company's revenue is generated from United Kingdom operations.
42GF Score

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

£0.71
Price
£0.13
GF Value