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Nocopi TechnologiesNNUP 55 Operating Margin % is -41.54% as of Mar. 2026. GuruFocus rates NNUP with a GF Score™ of 55/100 and a GF Value™ of $1.02 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,577 Chemicals companies, Nocopi Technologies ranks worse than 95.43% on this metric.
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.
Nocopi Technologies Operating Margin % Related Terms
Nocopi Technologies Operating Margin % Historical Data
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The historical data trend for Nocopi Technologies'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.
NNUP vs BON, SNES, YMAT: Operating Margin % Comparison
For the Specialty Chemicals subindustry, Nocopi Technologies'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.
Nocopi Technologies Operating Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nocopi Technologies's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Nocopi Technologies'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.
Nocopi Technologies's Operating Margin % for the fiscal year that ended in Dec. 2025 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.
Nocopi Technologies (NNUP) has a Operating Margin % of -41.54% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Nocopi Technologies and its competitors. According to the industry distribution chart, Nocopi Technologies ranks #1505 out of 1577 companies in the Chemicals industry, placing it in the top 95.4%.
Is Nocopi Technologies' Operating Margin % too high?
Nocopi Technologies' current Operating Margin % is -41.54%. Based on the distribution chart, Nocopi Technologies ranks #1505 out of 1577 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Nocopi Technologies has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nocopi Technologies' Operating Margin % compare to BON and SNES?
According to the Chemicals industry distribution chart, Nocopi Technologies ranks #1505 out of 1577 companies for Operating Margin %. This places Nocopi Technologies in the lower half of its industry. The industry median Operating Margin % is 6.12. 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 Chemicals company?
The median Operating Margin % among Chemicals companies is 6.12, based on 1,577 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. 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 Nocopi Technologies and its competitors. For the Chemicals industry, the median Operating Margin % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nocopi Technologies's current Operating Margin % is -41.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nocopi Technologies stock overvalued right now?
Based on GuruFocus' analysis, Nocopi Technologies (NNUP) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.02, compared to a current price of $1.72 — trading 68.6% above its estimated fair value. The current Operating Margin % is -41.54%. Nocopi Technologies' overall GF Score™ is 55/100 with 3 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 Nocopi Technologies (NNUP), the current Operating Margin % is -41.54% 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 Nocopi Technologies (NNUP) Overvalued in 2026?
Based on GuruFocus' analysis, Nocopi Technologies stock appears to be overvalued.
The current stock price of $1.72 is trading 68.6% above its estimated GF Value™ of $1.02.
GuruFocus considers Nocopi Technologies to be Significantly Overvalued.
Key valuation signals for NNUP:
Operating Margin %: -41.54%
GF Value™: $1.02 vs. price of $1.72 (68.6% above fair value)
No single metric tells the full story. See the NNUP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nocopi Technologies Inc develops and markets specialty reactive inks. The main business activities of the company are the development and distribution of document security products and the licensing of its patented reactive ink technologies for the entertainment toy and document and product authentication markets in the United States and foreign countries. The primary geographic markets of the company are North America, South America, Europe, Asia, and Australia. Geographically, the company generates maximum revenue from Asia.
55GF Score
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