Race Eco ChainNSE:RACE -1.15%78 Operating Margin % is 2.06% as of Mar. 2026, which is 79% above its 10-year median of 1.15. GuruFocus rates NSE:RACE with a GF Score™ of 78/100 and a GF Value™ of ₹551.10 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 241 Waste Management companies, Race Eco Chain ranks worse than 63.49% 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.
Race Eco Chain Operating Margin % Related Terms
Race Eco Chain Operating Margin % Historical Data
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The historical data trend for Race Eco Chain'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.
NSE:RACE vs WM, RSG, WCN: Operating Margin % Comparison
For the Waste Management subindustry, Race Eco Chain'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.
Race Eco Chain Operating Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Race Eco Chain's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Race Eco Chain'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.
Race Eco Chain'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.
Race Eco Chain (NSE:RACE) has a Operating Margin % of 2.06% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Race Eco Chain and its competitors. This is 79% above median its historical median of 1.15. According to the industry distribution chart, Race Eco Chain ranks #153 out of 241 companies in the Waste Management industry, placing it in the top 63.5%.
Is Race Eco Chain's Operating Margin % too high?
Race Eco Chain's current Operating Margin % of 2.06% is 79% above median its 10-year median of 1.15. The Waste Management industry median Operating Margin % is 6.61. Race Eco Chain's value of 2.06% is 68.8% below this industry median. Based on the distribution chart, Race Eco Chain ranks #153 out of 241 companies in the Waste Management industry, which is below the industry midpoint. Overall, Race Eco Chain has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Race Eco Chain's Operating Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Race Eco Chain ranks #153 out of 241 companies for Operating Margin %. This places Race Eco Chain in the lower half of its industry. The industry median Operating Margin % is 6.61. Race Eco Chain's value of 2.06% is 68.8% below this benchmark. While the company's 10-year median is 1.15 vs. the industry median of 6.61, Race Eco Chain has consistently been below 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 Waste Management company?
The median Operating Margin % among Waste Management companies is 6.61, based on 241 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. Race Eco Chain's current Operating Margin % of 2.06% is 68.8% below 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 Race Eco Chain and its competitors. For the Waste Management industry, the median Operating Margin % is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Race Eco Chain's current Operating Margin % is 2.06%, which is 79% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Race Eco Chain stock overvalued right now?
Based on GuruFocus' analysis, Race Eco Chain (NSE:RACE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹551.10, compared to a current price of ₹111.39 — trading 79.8% below its estimated fair value. The current Operating Margin % is 2.06%, which is 79% above median its 10-year median of 1.15 and 68.8% below the Waste Management industry median of 6.61. Race Eco Chain's overall GF Score™ is 78/100 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 Race Eco Chain (NSE:RACE), the current Operating Margin % is 2.06% 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 Race Eco Chain (NSE:RACE) Overvalued in 2026?
Based on GuruFocus' analysis, Race Eco Chain stock appears to be undervalued.
The current stock price of ₹111.39 is trading 79.8% below its estimated GF Value™ of ₹551.10.
GuruFocus considers Race Eco Chain to be Significantly Undervalued.
Key valuation signals for NSE:RACE:
Operating Margin %: 2.06% (79% above median its 10-year median of 1.15)
GF Value™: ₹551.10 vs. price of ₹111.39 (79.8% below fair value)
Industry Position: 68.8% below the Waste Management median (#153 of 241)
No single metric tells the full story. See the NSE:RACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's segments are Recycle Division; Restore Division; Biomass Division and It Division. It generates the majority of its revenue from the Recycle Division.
78GF Score
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