Health Italia SpA (MIL:HI) 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.
Health Italia SpA Operating Margin % Related Terms
Health Italia SpA Operating Margin % Historical Data
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The historical data trend for Health Italia SpA'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.
MIL:HI vs UNH, CVS, CI: Operating Margin % Comparison
For the Healthcare Plans subindustry, Health Italia SpA'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.
Health Italia SpA Operating Margin % vs Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, Health Italia SpA's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Health Italia SpA'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.
Health Italia SpA'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.
Health Italia SpA (MIL:HI) has a Operating Margin % of 13.38% as of Jun. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Health Italia SpA and its competitors. This is near median its historical median of 14.72. Over the past decade, Health Italia SpA's Operating Margin % has ranged from 0.25 to 32.68.
Is Health Italia SpA's Operating Margin % too high?
Health Italia SpA's current Operating Margin % of 13.38% is near median its 10-year median of 14.72. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 32.68. The Healthcare Plans industry median Operating Margin % is 3.10. Health Italia SpA's value of 13.38% is 331.6% above this industry median. Overall, Health Italia SpA has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Health Italia SpA's Operating Margin % compare to UNH and CVS?
Health Italia SpA's Operating Margin % of 13.38% can be compared against companies in the Healthcare Plans industry. The industry median Operating Margin % is 3.10. Health Italia SpA's value of 13.38% is 331.6% above this benchmark. Historically, Health Italia SpA's own Operating Margin % has ranged from 0.25 to 32.68 over the past decade. While the company's 10-year median is 14.72 vs. the industry median of 3.10, Health Italia SpA 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 Healthcare Plans company?
The median Operating Margin % among Healthcare Plans companies is 3.10, based on 15 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. Health Italia SpA's current Operating Margin % of 13.38% is 331.6% 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 Health Italia SpA and its competitors. For the Healthcare Plans industry, the median Operating Margin % is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Health Italia SpA's current Operating Margin % is 13.38%, which is near median its own 10-year median of 14.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Health Italia SpA stock overvalued right now?
Health Italia SpA (MIL:HI) has a current Operating Margin % of 13.38%. The stock's GF Value™ is €142.57, compared to a current price of €299.00 — trading 109.7% above its estimated fair value. The current Operating Margin % is 13.38%, which is near median its 10-year median of 14.72 and 331.6% above the Healthcare Plans industry median of 3.10. Health Italia SpA's overall GF Score™ is 43/100 with 4 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 Health Italia SpA (MIL:HI), the current Operating Margin % is 13.38% 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 Health Italia SpA (MIL:HI) Overvalued in 2026?
Based on GuruFocus' analysis, Health Italia SpA stock appears to be overvalued.
The current stock price of €299.00 is trading 109.7% above its estimated GF Value™ of €142.57.
Key valuation signals for MIL:HI:
Operating Margin %: 13.38% (near median its 10-year median of 14.72)
GF Value™: €142.57 vs. price of €299.00 (109.7% above fair value)
Industry Position: 331.6% above the Healthcare Plans median
No single metric tells the full story. See the MIL:HI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Health Italia SpA is an Italy based company engaged in offering integrated healthcare services. It operates in the promotion of integrated and alternative healthcare solutions and provides administrative, liquidation, information technology and consulting services for health funds, health care funds and mutual-aid companies. In addition, the group is also active in the corporate welfare market and manages outsourced flexible benefit welfare plans.
43GF 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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