Operating Margin % is calculated as Operating Income divided by its Revenue. Severstal PAO's Operating Income for the
six
months ended in Dec. 2023 was ₽123,834 Mil. Severstal PAO's Revenue for the
six
months ended in Dec. 2023 was ₽388,885 Mil. Therefore, Severstal PAO's Operating Margin % for the quarter that ended in Dec. 2023 was 31.84%.
The historical rank and industry rank for Severstal PAO's Operating Margin % or its related term are showing as below:
MIC:CHMF's Operating Margin % is not ranked *
in the Steel industry.
Industry Median: 3 * Ranked among companies with meaningful Operating Margin % only.
Severstal PAO's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Severstal PAO's Operating Income for the
six
months ended in Dec. 2023 was ₽123,834 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₽223,986 Mil.
Severstal PAO (MIC:CHMF) 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.
Severstal PAO Operating Margin % Related Terms
Severstal PAO Operating Margin % Historical Data
* Premium members only.
The historical data trend for Severstal PAO'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.
MIC:CHMF vs NUE, STLD, RS: Operating Margin % Comparison
For the Steel subindustry, Severstal PAO'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.
Severstal PAO Operating Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Severstal PAO's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Severstal PAO's Operating Margin % falls into.
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.
Severstal PAO's Operating Margin % for the fiscal year that ended in Dec. 2023 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.
Severstal PAO (MIC:CHMF) has a Operating Margin % of 31.84% as of Dec. 2023. Operating margin is the ratio of total operating income to net sales. View historical data on Severstal PAO and its competitors.
Is Severstal PAO's Operating Margin % too high?
Severstal PAO's current Operating Margin % is 31.84%. The Steel industry median Operating Margin % is 3.00. Severstal PAO's value of 31.84% is 961.3% above this industry median. Overall, Severstal PAO has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Severstal PAO's Operating Margin % compare to NUE and STLD?
Severstal PAO's Operating Margin % of 31.84% can be compared against companies in the Steel industry. The industry median Operating Margin % is 3.00. Severstal PAO's value of 31.84% is 961.3% 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 Steel company?
The median Operating Margin % among Steel companies is 3.00, based on 616 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. Severstal PAO's current Operating Margin % of 31.84% is 961.3% 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 Severstal PAO and its competitors. For the Steel industry, the median Operating Margin % is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Severstal PAO's current Operating Margin % is 31.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Severstal PAO stock overvalued right now?
Severstal PAO (MIC:CHMF) has a current Operating Margin % of 31.84%. The current Operating Margin % is 31.84% and 961.3% above the Steel industry median of 3.00. Severstal PAO's overall GF Score™ is 17/100. 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 Severstal PAO (MIC:CHMF), the current Operating Margin % is 31.84% as of Dec. 2023. 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.
Severstal PAO is a vertically integrated steel and mining company in Russia. The company has two operating divisions: Severstal Resources and Severstal Russian Steel. Its core asset is the Cherepovets steel mill, which is located within easy access of the company's mining operations, the Baltic ports, and Russia's industrial heartland. The company produces iron ore pellets, iron ore concentrates, crushed stones, ferrite strontium powder, coking & steam coal, and coking coal concentrate. These materials are provided to six industry categories: construction and service processing, tube and pipe, oil and gas, machinery, autos, and others. Construction and service processing accounts for a majority of sales. Severstal generates most of its revenue in Russia.
17GF Score
Get the complete analysis for MIC:CHMF
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
MIC:CHMF has been successfully added to your 
