NKT ASNRKBF +25.23%80 Operating Margin % is 16.78% as of Mar. 2026, which is 15% above its 10-year median of 14.65. GuruFocus rates NRKBF with a GF Score™ of 80/100 and a GF Value™ of $96.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 3,038 Industrial Products companies, NKT AS ranks better than 85.98% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. NKT AS's Operating Income for the
three
months ended in Mar. 2026 was $168 Mil. NKT AS's Revenue for the
three
months ended in Mar. 2026 was $999 Mil. Therefore, NKT AS's Operating Margin % for the quarter that ended in Mar. 2026 was 16.78%.
Good Sign:
NKT AS operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for NKT AS's Operating Margin % or its related term are showing as below:
NRKBF'
s Operating Margin % Range Over the Past 10 Years
Min: 8.78 Med: 14.65 Max: 16.91
Current: 16.48
NRKBF's Operating Margin % is ranked better than 85.98% of 3038
companies
in the Industrial Products industry
Industry Median: 6.53
vs NRKBF: 16.48
NKT AS's 5-Year Average Operating Margin % Growth Rate was 8.90% per year.
NKT AS's Operating Income for the
three
months ended in Mar. 2026 was $168 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $689 Mil.
NKT AS (OTCPK:NRKBF) 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.
NKT AS Operating Margin % Related Terms
NKT AS Operating Margin % Historical Data
* Premium members only.
The historical data trend for NKT AS'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.
NRKBF vs VRT, BE, NVT: Operating Margin % Comparison
For the Electrical Equipment & Parts subindustry, NKT AS'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.
NKT AS Operating Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NKT AS's Operating Margin % distribution charts can be found below:
* The bar in red indicates where NKT AS'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.
NKT AS'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.
NKT AS (NRKBF) has a Operating Margin % of 16.78% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on NKT AS and its competitors. This is 15% above median its historical median of 14.65. Over the past decade, NKT AS's Operating Margin % has ranged from 8.78 to 16.91. According to the industry distribution chart, NKT AS ranks #426 out of 3038 companies in the Industrial Products industry, placing it in the top 14%.
Is NKT AS's Operating Margin % too high?
NKT AS's current Operating Margin % of 16.78% is 15% above median its 10-year median of 14.65. Over the past 10 years, this metric has ranged from a low of 8.78 to a high of 16.91. The Industrial Products industry median Operating Margin % is 6.53. NKT AS's value of 16.78% is 157% above this industry median. Based on the distribution chart, NKT AS ranks #426 out of 3038 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, NKT AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NKT AS's Operating Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, NKT AS ranks #426 out of 3038 companies for Operating Margin %. This places NKT AS in the top 14% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.53. NKT AS's value of 16.78% is 157% above this benchmark. Historically, NKT AS's own Operating Margin % has ranged from 8.78 to 16.91 over the past decade. While the company's 10-year median is 14.65 vs. the industry median of 6.53, NKT AS 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 an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.53, based on 3,038 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. NKT AS's current Operating Margin % of 16.78% is 157% 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 NKT AS and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NKT AS's current Operating Margin % is 16.78%, which is 15% above median its own 10-year median of 14.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NKT AS stock overvalued right now?
Based on GuruFocus' analysis, NKT AS (NRKBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $96.21, compared to a current price of $158.30 — trading 64.5% above its estimated fair value. The current Operating Margin % is 16.78%, which is 15% above median its 10-year median of 14.65 and 157% above the Industrial Products industry median of 6.53. NKT AS's overall GF Score™ is 80/100 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 NKT AS (NRKBF), the current Operating Margin % is 16.78% 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 NKT AS (NRKBF) Overvalued in 2026?
Based on GuruFocus' analysis, NKT AS stock appears to be overvalued.
The current stock price of $158.30 is trading 64.5% above its estimated GF Value™ of $96.21.
GuruFocus considers NKT AS to be Significantly Overvalued.
Key valuation signals for NRKBF:
Operating Margin %: 16.78% (15% above median its 10-year median of 14.65)
GF Value™: $96.21 vs. price of $158.30 (64.5% above fair value)
Industry Position: 157% above the Industrial Products median (#426 of 3038)
No single metric tells the full story. See the NRKBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NKT AS is a Denmark-based provider of cable technology. The company, along with its subsidiaries, operates in the following segments; Solutions, Applications, and Service & Accessories. Maximum revenue is generated from the Solutions segment which caters to the high-voltage power cable market and is involved in the manufacturing and installation of high-voltage cables and products for onshore power transmission and distribution, power-from-shore, cable projects, offshore wind connections, and other projects. This segment also owns and operates a cable-laying vessel, NKT Victoria. Geographically, the company generates maximum revenue from Germany followed by the United States of America, the United Kingdom, Poland, Norway, Denmark, and other regions.
80GF Score
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