Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Fotex Holding SE CoLUX:FTXHG 62 Operating Margin % is 20.36% as of Jun. 2025, which is 31% below its 10-year median of 29.36. GuruFocus rates LUX:FTXHG with a GF Score™ of 62/100 and a GF Value™ of €4.03 (Significantly Undervalued). Among 1,747 Real Estate companies, Fotex Holding SE Co ranks better than 65.37% on this metric.
Fotex Holding SE Co (LUX:FTXHG) 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.
Fotex Holding SE Co Operating Margin % Related Terms
Fotex Holding SE Co Operating Margin % Historical Data
* Premium members only.
The historical data trend for Fotex Holding SE Co'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.
LUX:FTXHG vs CBRE, BEKE, JLL: Operating Margin % Comparison
For the Real Estate Services subindustry, Fotex Holding SE Co'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.
Fotex Holding SE Co Operating Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Fotex Holding SE Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Fotex Holding SE Co's Operating Margin % falls into.
Fotex Holding SE Co 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.
Fotex Holding SE Co's Operating Margin % for the fiscal year that ended in Dec. 2024 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.
Fotex Holding SE Co (LUX:FTXHG) has a Operating Margin % of 20.36% as of Jun. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Fotex Holding SE Co and its competitors. This is 31% below median its historical median of 29.36. Over the past decade, Fotex Holding SE Co's Operating Margin % has ranged from 22.36 to 33.70. According to the industry distribution chart, Fotex Holding SE Co ranks #605 out of 1747 companies in the Real Estate industry, placing it in the top 34.6%.
Is Fotex Holding SE Co's Operating Margin % too high?
Fotex Holding SE Co's current Operating Margin % of 20.36% is 31% below median its 10-year median of 29.36. Over the past 10 years, this metric has ranged from a low of 22.36 to a high of 33.70. The Real Estate industry median Operating Margin % is 13.37. Fotex Holding SE Co's value of 20.36% is 52.3% above this industry median. Based on the distribution chart, Fotex Holding SE Co ranks #605 out of 1747 companies in the Real Estate industry, which is above the industry midpoint. Overall, Fotex Holding SE Co has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fotex Holding SE Co's Operating Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fotex Holding SE Co ranks #605 out of 1747 companies for Operating Margin %. This puts Fotex Holding SE Co in the upper half of its industry. The industry median Operating Margin % is 13.37. Fotex Holding SE Co's value of 20.36% is 52.3% above this benchmark. Historically, Fotex Holding SE Co's own Operating Margin % has ranged from 22.36 to 33.70 over the past decade. While the company's 10-year median is 29.36 vs. the industry median of 13.37, Fotex Holding SE Co 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 Real Estate company?
The median Operating Margin % among Real Estate companies is 13.37, based on 1,747 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. Fotex Holding SE Co's current Operating Margin % of 20.36% is 52.3% 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 Fotex Holding SE Co and its competitors. For the Real Estate industry, the median Operating Margin % is 13.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fotex Holding SE Co's current Operating Margin % is 20.36%, which is 31% below median its own 10-year median of 29.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fotex Holding SE Co stock overvalued right now?
Based on GuruFocus' analysis, Fotex Holding SE Co (LUX:FTXHG) is currently considered Significantly Undervalued. The stock's GF Value™ is €4.03, compared to a current price of €2.50 — trading 38% below its estimated fair value. The current Operating Margin % is 20.36%, which is 31% below median its 10-year median of 29.36 and 52.3% above the Real Estate industry median of 13.37. Fotex Holding SE Co's overall GF Score™ is 62/100. 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 Fotex Holding SE Co (LUX:FTXHG), the current Operating Margin % is 20.36% as of Jun. 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 Fotex Holding SE Co (LUX:FTXHG) Overvalued in 2026?
Based on GuruFocus' analysis, Fotex Holding SE Co stock appears to be undervalued.
The current stock price of €2.50 is trading 38% below its estimated GF Value™ of €4.03.
GuruFocus considers Fotex Holding SE Co to be Significantly Undervalued.
Key valuation signals for LUX:FTXHG:
Operating Margin %: 20.36% (31% below median its 10-year median of 29.36)
GF Value™: €4.03 vs. price of €2.50 (38% below fair value)
Industry Position: 52.3% above the Real Estate median (#605 of 1747)
No single metric tells the full story. See the LUX:FTXHG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fotex Holding SE Co Ltd is engaged in a variety of property management, manufacturing, retailing, and other activities. It operates in a single segment, real estate, and investment properties. It develops, invests, and manages real estate properties, and offers real estate investment consulting, and leasing. It has operations in the Netherlands, Luxembourg, and Hungary, and the majority of its revenue comes from Hungary. The revenue from the selling of goods is generated by selling crystal and glass products, and other consumer products.
62GF Score
Get the complete analysis for LUX:FTXHG
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
LUX:FTXHG has been successfully added to your 
