NetLink NBN TrustNETLF +1.52%32 Operating Margin % is 21.63% as of Mar. 2026, which is 16% below its 10-year median of 25.73. GuruFocus rates NETLF with a GF Score™ of 32/100 and a GF Value™ of $0.68 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 367 Telecommunication Services companies, NetLink NBN Trust ranks better than 80.38% on this metric.
NetLink NBN Trust operating margin has been in a 5-year decline. The average rate of decline per year is -1.3%.
The historical rank and industry rank for NetLink NBN Trust's Operating Margin % or its related term are showing as below:
NETLF'
s Operating Margin % Range Over the Past 10 Years
Min: 22.99 Med: 25.73 Max: 30.54
Current: 22.99
NETLF's Operating Margin % is ranked better than 80.38% of 367
companies
in the Telecommunication Services industry
Industry Median: 9.73
vs NETLF: 22.99
NetLink NBN Trust's 5-Year Average Operating Margin % Growth Rate was -1.30% per year.
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.
NetLink NBN Trust Operating Margin % Related Terms
NetLink NBN Trust Operating Margin % Historical Data
* Premium members only.
The historical data trend for NetLink NBN Trust'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.
NETLF vs TMUS, VZ, T: Operating Margin % Comparison
For the Telecom Services subindustry, NetLink NBN Trust'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.
NetLink NBN Trust Operating Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, NetLink NBN Trust's Operating Margin % distribution charts can be found below:
* The bar in red indicates where NetLink NBN Trust'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.
NetLink NBN Trust's Operating Margin % for the fiscal year that ended in Mar. 2026 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.
NetLink NBN Trust (NETLF) has a Operating Margin % of 21.63% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on NetLink NBN Trust and its competitors. This is 16% below median its historical median of 25.73. Over the past decade, NetLink NBN Trust's Operating Margin % has ranged from 22.99 to 30.54. According to the industry distribution chart, NetLink NBN Trust ranks #72 out of 367 companies in the Telecommunication Services industry, placing it in the top 19.6%.
Is NetLink NBN Trust's Operating Margin % too high?
NetLink NBN Trust's current Operating Margin % of 21.63% is 16% below median its 10-year median of 25.73. Over the past 10 years, this metric has ranged from a low of 22.99 to a high of 30.54. The Telecommunication Services industry median Operating Margin % is 9.73. NetLink NBN Trust's value of 21.63% is 122.3% above this industry median. Based on the distribution chart, NetLink NBN Trust ranks #72 out of 367 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, NetLink NBN Trust has a GF Score™ of 32/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetLink NBN Trust's Operating Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, NetLink NBN Trust ranks #72 out of 367 companies for Operating Margin %. This places NetLink NBN Trust in the top 20% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 9.73. NetLink NBN Trust's value of 21.63% is 122.3% above this benchmark. Historically, NetLink NBN Trust's own Operating Margin % has ranged from 22.99 to 30.54 over the past decade. While the company's 10-year median is 25.73 vs. the industry median of 9.73, NetLink NBN Trust 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 Telecommunication Services company?
The median Operating Margin % among Telecommunication Services companies is 9.73, based on 367 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. NetLink NBN Trust's current Operating Margin % of 21.63% is 122.3% 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 NetLink NBN Trust and its competitors. For the Telecommunication Services industry, the median Operating Margin % is 9.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetLink NBN Trust's current Operating Margin % is 21.63%, which is 16% below median its own 10-year median of 25.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetLink NBN Trust stock overvalued right now?
Based on GuruFocus' analysis, NetLink NBN Trust (NETLF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.68, compared to a current price of $0.77 — trading 13.1% above its estimated fair value. The current Operating Margin % is 21.63%, which is 16% below median its 10-year median of 25.73 and 122.3% above the Telecommunication Services industry median of 9.73. NetLink NBN Trust's overall GF Score™ is 32/100 with 9 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 NetLink NBN Trust (NETLF), the current Operating Margin % is 21.63% 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 NetLink NBN Trust (NETLF) Overvalued in 2026?
Based on GuruFocus' analysis, NetLink NBN Trust stock appears to be overvalued.
The current stock price of $0.77 is trading 13.1% above its estimated GF Value™ of $0.68.
GuruFocus considers NetLink NBN Trust to be Modestly Overvalued.
Key valuation signals for NETLF:
Operating Margin %: 21.63% (16% below median its 10-year median of 25.73)
GF Value™: $0.68 vs. price of $0.77 (13.1% above fair value)
Industry Position: 122.3% above the Telecommunication Services median (#72 of 367)
No single metric tells the full story. See the NETLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NetLink NBN Trust is a national provider of internet service. It designs, builds, owns, and operates network infrastructure comprising ducts, manholes, and fiber cables. Its non-building address point (NBAP) applications include infrastructure for telecommunications operators such as wireless network base stations, cameras, sensors, signage, and outdoor kiosks. The company generates the majority of its revenue from Installation-related revenue and Ancillary project revenue. The company operates in Singapore, the USA, the UK, and the rest of the World.
32GF Score
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