Bulgarian Real Estate Fund REIT (LTS:0I43) 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.
Bulgarian Real Estate Fund REIT Operating Margin % Related Terms
Bulgarian Real Estate Fund REIT Operating Margin % Historical Data
* 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.
Bulgarian Real Estate Fund REIT Operating Margin % Chart
LTS:0I43 vs VICI, WPC: Operating Margin % Comparison
For the REIT - Diversified subindustry, Bulgarian Real Estate Fund REIT'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.
Bulgarian Real Estate Fund REIT Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Bulgarian Real Estate Fund REIT's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Bulgarian Real Estate Fund REIT's Operating Margin % falls into.
Bulgarian Real Estate Fund REIT 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.
* 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.
Bulgarian Real Estate Fund REIT (LTS:0I43) has a Operating Margin % of 55.36% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Bulgarian Real Estate Fund REIT and its competitors. This is near median its historical median of 58.02. Over the past decade, Bulgarian Real Estate Fund REIT's Operating Margin % has ranged from 24.29 to 79.05. According to the industry distribution chart, Bulgarian Real Estate Fund REIT ranks #584 out of 749 companies in the REITs industry, placing it in the top 78%.
Is Bulgarian Real Estate Fund REIT's Operating Margin % too high?
Bulgarian Real Estate Fund REIT's current Operating Margin % of 55.36% is near median its 10-year median of 58.02. Over the past 10 years, this metric has ranged from a low of 24.29 to a high of 79.05. The REITs industry median Operating Margin % is 52.71. Bulgarian Real Estate Fund REIT's value of 55.36% is 5% above this industry median. Based on the distribution chart, Bulgarian Real Estate Fund REIT ranks #584 out of 749 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Bulgarian Real Estate Fund REIT has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Bulgarian Real Estate Fund REIT's Operating Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Bulgarian Real Estate Fund REIT ranks #584 out of 749 companies for Operating Margin %. This places Bulgarian Real Estate Fund REIT in the lower half of its industry. The industry median Operating Margin % is 52.71. Bulgarian Real Estate Fund REIT's value of 55.36% is 5% above this benchmark. Historically, Bulgarian Real Estate Fund REIT's own Operating Margin % has ranged from 24.29 to 79.05 over the past decade. While the company's 10-year median is 58.02 vs. the industry median of 52.71, Bulgarian Real Estate Fund REIT has consistently been above 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 52.71, based on 749 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. Bulgarian Real Estate Fund REIT's current Operating Margin % of 55.36% is 5% 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 Bulgarian Real Estate Fund REIT and its competitors. For the REITs industry, the median Operating Margin % is 52.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bulgarian Real Estate Fund REIT's current Operating Margin % is 55.36%, which is near median its own 10-year median of 58.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian Real Estate Fund REIT stock overvalued right now?
Bulgarian Real Estate Fund REIT (LTS:0I43) has a current Operating Margin % of 55.36%. The stock's GF Value™ is лв10.85, compared to a current price of лв1.92 — trading 82.3% below its estimated fair value. The current Operating Margin % is 55.36%, which is near median its 10-year median of 58.02 and 5% above the REITs industry median of 52.71. Bulgarian Real Estate Fund REIT's overall GF Score™ is 71/100 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 Bulgarian Real Estate Fund REIT (LTS:0I43), the current Operating Margin % is 55.36% 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 Bulgarian Real Estate Fund REIT (LTS:0I43) Overvalued in 2026?
Based on GuruFocus' analysis, Bulgarian Real Estate Fund REIT stock appears to be undervalued.
The current stock price of лв1.92 is trading 82.3% below its estimated GF Value™ of лв10.85.
Key valuation signals for LTS:0I43:
Operating Margin %: 55.36% (near median its 10-year median of 58.02)
GF Value™: лв10.85 vs. price of лв1.92 (82.3% below fair value)
Industry Position: 5% above the REITs median (#584 of 749)
No single metric tells the full story. See the LTS:0I43 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bulgarian Real Estate Fund REIT Business Description
Bulgarian Real Estate Fund REIT is a special investment purpose joint-stock entity seated in the Republic of Bulgaria. The main activity of the fund is investing the cash funds raised through securities issuance in real property /securitization of real property/ through the purchase of ownership rights and other real rights over real property, carrying out construction and improvements therein for the purpose of making it available for management, renting, leasing and/or sale. Its investment objective is to achieve capital appreciation by means of diversified investments in business buildings, residential and other high-class properties, retail premises and agricultural land on the territory of Bulgaria.
71GF Score
Get the complete analysis for LTS:0I43
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0I43 has been successfully added to your 
