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Victory Electric Vehicles InternationalNSE:VICTORYEV +2.74%18 Operating Margin % is 14.83% as of Sep. 2025, which is 6% above its 10-year median of 13.94. GuruFocus rates NSE:VICTORYEV with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,320 Vehicles & Parts companies, Victory Electric Vehicles International ranks better than 89.62% on this metric.
NSE:VICTORYEV'
s Operating Margin % Range Over the Past 10 Years
Min: 2.92 Med: 13.94 Max: 15.39
Current: 14.83
NSE:VICTORYEV's Operating Margin % is ranked better than 89.62% of 1320
companies
in the Vehicles & Parts industry
Industry Median: 4.905
vs NSE:VICTORYEV: 14.83
Victory Electric Vehicles International (NSE:VICTORYEV) 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.
Victory Electric Vehicles International Operating Margin % Related Terms
Victory Electric Vehicles International Operating Margin % Historical Data
* 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.
Victory Electric Vehicles International Operating Margin % Chart
Victory Electric Vehicles International Annual Data
Trend
Mar23
Mar24
Mar25
Operating Margin %
2.92
13.94
15.39
Victory Electric Vehicles International Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Operating Margin %
0.00
0.00
0.00
14.83
NSE:VICTORYEV vs TSLA, GM, F: Operating Margin % Comparison
For the Auto Manufacturers subindustry, Victory Electric Vehicles International'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.
Victory Electric Vehicles International Operating Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Victory Electric Vehicles International's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Victory Electric Vehicles International's Operating Margin % falls into.
Victory Electric Vehicles International Operating Margin % Calculation
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.
* 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.
Victory Electric Vehicles International (NSE:VICTORYEV) has a Operating Margin % of 14.83% as of Sep. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Victory Electric Vehicles International and its competitors. This is near median its historical median of 13.94. Over the past decade, Victory Electric Vehicles International's Operating Margin % has ranged from 2.92 to 15.39. According to the industry distribution chart, Victory Electric Vehicles International ranks #137 out of 1320 companies in the Vehicles & Parts industry, placing it in the top 10.4%.
Is Victory Electric Vehicles International's Operating Margin % too high?
Victory Electric Vehicles International's current Operating Margin % of 14.83% is near median its 10-year median of 13.94. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 15.39. The Vehicles & Parts industry median Operating Margin % is 4.91. Victory Electric Vehicles International's value of 14.83% is 202.3% above this industry median. Based on the distribution chart, Victory Electric Vehicles International ranks #137 out of 1320 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Victory Electric Vehicles International has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Victory Electric Vehicles International's Operating Margin % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Victory Electric Vehicles International ranks #137 out of 1320 companies for Operating Margin %. This places Victory Electric Vehicles International in the top 10% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.91. Victory Electric Vehicles International's value of 14.83% is 202.3% above this benchmark. Historically, Victory Electric Vehicles International's own Operating Margin % has ranged from 2.92 to 15.39 over the past decade. While the company's 10-year median is 13.94 vs. the industry median of 4.91, Victory Electric Vehicles International 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 Vehicles & Parts company?
The median Operating Margin % among Vehicles & Parts companies is 4.91, based on 1,320 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. Victory Electric Vehicles International's current Operating Margin % of 14.83% is 202.3% 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 Victory Electric Vehicles International and its competitors. For the Vehicles & Parts industry, the median Operating Margin % is 4.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victory Electric Vehicles International's current Operating Margin % is 14.83%, which is near median its own 10-year median of 13.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Electric Vehicles International stock overvalued right now?
Victory Electric Vehicles International (NSE:VICTORYEV) has a current Operating Margin % of 14.83%. The current Operating Margin % is 14.83%, which is near median its 10-year median of 13.94 and 202.3% above the Vehicles & Parts industry median of 4.91. Victory Electric Vehicles International's overall GF Score™ is 18/100 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 Victory Electric Vehicles International (NSE:VICTORYEV), the current Operating Margin % is 14.83% as of Sep. 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.
Victory Electric Vehicles International Business Description
Victory Electric Vehicles International Ltd is engaged in the business of manufacturing of battery operated electric rickshaws and electric scooters. The company's key offerings include solar rickshaws, Auto-rickshaws, Motor vehicles, Scooters, Motor-Scooters, three-wheelers, motor cycles, cycles automobiles, and motorcars. Its product segments include Two wheelers, Three wheelers, Passenger Vehicles, and Commercial Vehicles. The company generates the majority of revenue from the sale of Electric Vehicles, mainly from Three-Wheeler vehicle sales.
18GF Score
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