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Town Centre SecuritiesLSE:TOWN +4.35%64 Operating Margin % is 25.04% as of Dec. 2025, which is 15% below its 10-year median of 29.52. GuruFocus rates LSE:TOWN with a GF Score™ of 64/100 and a GF Value™ of £1.43 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 743 REITs companies, Town Centre Securities ranks worse than 79.68% on this metric.
Town Centre Securities (LSE:TOWN) 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 Nokias 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.
Town Centre Securities Operating Margin % Related Terms
Town Centre Securities Operating Margin % Historical Data
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The historical data trend for Town Centre Securities'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.
LSE:TOWN vs VICI, WPC: Operating Margin % Comparison
For the REIT - Diversified subindustry, Town Centre Securities'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.
Town Centre Securities Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Town Centre Securities's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Town Centre Securities's Operating Margin % falls into.
Town Centre Securities 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.
Town Centre Securities's Operating Margin % for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Town Centre Securities (LSE:TOWN) has a Operating Margin % of 25.04% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Town Centre Securities and its competitors. This is 15% below median its historical median of 29.52. Over the past decade, Town Centre Securities' Operating Margin % has ranged from 22.49 to 49.92. According to the industry distribution chart, Town Centre Securities ranks #592 out of 743 companies in the REITs industry, placing it in the top 79.7%.
Is Town Centre Securities' Operating Margin % too high?
Town Centre Securities' current Operating Margin % of 25.04% is 15% below median its 10-year median of 29.52. Over the past 10 years, this metric has ranged from a low of 22.49 to a high of 49.92. The REITs industry median Operating Margin % is 52.72. Town Centre Securities' value of 25.04% is 52.5% below this industry median. Based on the distribution chart, Town Centre Securities ranks #592 out of 743 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Town Centre Securities has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Town Centre Securities' Operating Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Town Centre Securities ranks #592 out of 743 companies for Operating Margin %. This places Town Centre Securities in the lower half of its industry. The industry median Operating Margin % is 52.72. Town Centre Securities' value of 25.04% is 52.5% below this benchmark. Historically, Town Centre Securities' own Operating Margin % has ranged from 22.49 to 49.92 over the past decade. While the company's 10-year median is 29.52 vs. the industry median of 52.72, Town Centre Securities has consistently been below the industry average. 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 52.72, based on 743 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. Town Centre Securities's current Operating Margin % of 25.04% is 52.5% below 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 Town Centre Securities and its competitors. For the REITs industry, the median Operating Margin % is 52.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Town Centre Securities's current Operating Margin % is 25.04%, which is 15% below median its own 10-year median of 29.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Town Centre Securities stock overvalued right now?
Based on GuruFocus' analysis, Town Centre Securities (LSE:TOWN) is currently considered Modestly Undervalued. The stock's GF Value™ is £1.43, compared to a current price of £1.20 — trading 16.1% below its estimated fair value. The current Operating Margin % is 25.04%, which is 15% below median its 10-year median of 29.52 and 52.5% below the REITs industry median of 52.72. Town Centre Securities' overall GF Score™ is 64/100 with 7 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 Town Centre Securities (LSE:TOWN), the current Operating Margin % is 25.04% as of Dec. 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 Town Centre Securities (LSE:TOWN) Overvalued in 2026?
Based on GuruFocus' analysis, Town Centre Securities stock appears to be undervalued.
The current stock price of £1.20 is trading 16.1% below its estimated GF Value™ of £1.43.
GuruFocus considers Town Centre Securities to be Modestly Undervalued.
Key valuation signals for LSE:TOWN:
Operating Margin %: 25.04% (15% below median its 10-year median of 29.52)
GF Value™: £1.43 vs. price of £1.20 (16.1% below fair value)
Industry Position: 52.5% below the REITs median (#592 of 743)
No single metric tells the full story. See the LSE:TOWN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Town Centre Securities PLC is a United Kingdom-based company engaged in property investment, development, trading, and the provision of hotel and car parks. The company operates in four business segments comprising property rental, car park operations, hotel operations, and investments. Geographically their operations are performed wholly in the United Kingdom. It serves various sectors such as retail, leisure, office, car parking, distribution, and residential. The company's property portfolio includes Rochdale Retail Park, Marina Residential, Eider House, Brownsfield Mill, Carver's Warehouse, Retail Village, The Arena Quarter, and others. The company derives its revenue from the Property Rental segment.
64GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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