Cemat AS (OCSE:CEMAT) Operating Margin %: 25.69% (As of Dec. 2025) — 96% Above Median


OCSE:CEMAT Cemat AS OCSE:CEMAT
72 GF Score
Price kr0.81
GF Value kr4.92
Valuation Possible Value Trap
! 2 Warning Signs
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What is Cemat AS Operating Margin %?

Cemat AS OCSE:CEMAT -2.87% 72 Operating Margin % is 25.69% as of Dec. 2025, which is 96% above its 10-year median of 13.09. GuruFocus rates OCSE:CEMAT with a GF Score™ of 72/100 and a GF Value™ of kr4.92 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,744 Real Estate companies, Cemat AS ranks better than 66.69% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Cemat AS's Operating Income for the six months ended in Dec. 2025 was kr37.3 Mil. Cemat AS's Revenue for the six months ended in Dec. 2025 was kr145.2 Mil. Therefore, Cemat AS's Operating Margin % for the quarter that ended in Dec. 2025 was 25.69%.

Good Sign:

Cemat AS operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Cemat AS's Operating Margin % or its related term are showing as below:

OCSE:CEMAT' s Operating Margin % Range Over the Past 10 Years
Min: -67.82   Med: 13.09   Max: 24.23
Current: 24.23


OCSE:CEMAT's Operating Margin % is ranked better than
66.69% of 1744 companies
in the Real Estate industry
Industry Median: 13.19 vs OCSE:CEMAT: 24.23

Cemat AS's 5-Year Average Operating Margin % Growth Rate was 25.50% per year.

Cemat AS's Operating Income for the six months ended in Dec. 2025 was kr37.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was kr39.9 Mil.


Cemat AS  (OCSE:CEMAT) 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 Nokia’s 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.


Cemat AS Operating Margin % Related Terms


Cemat AS Operating Margin % Historical Data

* Premium members only.

The historical data trend for Cemat 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.

Cemat AS Operating Margin % Chart

Cemat AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.61 13.02 13.15 18.45 24.23

Cemat AS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.62 12.77 24.33 13.34 25.69

OCSE:CEMAT vs CBRE, BEKE, JLL: Operating Margin % Comparison

For the Real Estate Services subindustry, Cemat 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.


Cemat AS Operating Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Cemat AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Cemat AS's Operating Margin % falls into.


OCSE:CEMAT
72GF Score
Cemat AS OCSE:CEMAT
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cemat AS 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.

Cemat AS's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=39.896 / 164.662
=24.23 %

Cemat AS's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=37.303 / 145.226
=25.69 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 25.69% mean?
Cemat AS (OCSE:CEMAT) has a Operating Margin % of 25.69% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Cemat AS and its competitors. This is 96% above median its historical median of 13.09. According to the industry distribution chart, Cemat AS ranks #581 out of 1744 companies in the Real Estate industry, placing it in the top 33.3%.
Is Cemat AS's Operating Margin % too high?
Cemat AS's current Operating Margin % of 25.69% is 96% above median its 10-year median of 13.09. The Real Estate industry median Operating Margin % is 13.19. Cemat AS's value of 25.69% is 94.8% above this industry median. Based on the distribution chart, Cemat AS ranks #581 out of 1744 companies in the Real Estate industry, which is above the industry midpoint. Overall, Cemat AS has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cemat AS's Operating Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Cemat AS ranks #581 out of 1744 companies for Operating Margin %. This puts Cemat AS in the upper half of its industry. The industry median Operating Margin % is 13.19. Cemat AS's value of 25.69% is 94.8% above this benchmark. While the company's 10-year median is 13.09 vs. the industry median of 13.19, Cemat 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 a Real Estate company?
The median Operating Margin % among Real Estate companies is 13.19, based on 1,744 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. Cemat AS's current Operating Margin % of 25.69% is 94.8% 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 Cemat AS and its competitors. For the Real Estate industry, the median Operating Margin % is 13.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cemat AS's current Operating Margin % is 25.69%, which is 96% above median its own 10-year median of 13.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cemat AS stock overvalued right now?
Based on GuruFocus' analysis, Cemat AS (OCSE:CEMAT) is currently considered Possible Value Trap. The stock's GF Value™ is kr4.92, compared to a current price of kr0.81 — trading 83.5% below its estimated fair value. The current Operating Margin % is 25.69%, which is 96% above median its 10-year median of 13.09 and 94.8% above the Real Estate industry median of 13.19. Cemat AS's overall GF Score™ is 72/100 with 2 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 Cemat AS (OCSE:CEMAT), the current Operating Margin % is 25.69% as of Dec. 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.

Is Cemat AS (OCSE:CEMAT) Overvalued in 2026?

Based on GuruFocus' analysis, Cemat AS stock appears to be undervalued. The current stock price of kr0.81 is trading 83.5% below its estimated GF Value™ of kr4.92. GuruFocus considers Cemat AS to be Possible Value Trap.

Key valuation signals for OCSE:CEMAT:

  • Operating Margin %: 25.69% (96% above median its 10-year median of 13.09)
  • GF Value™: kr4.92 vs. price of kr0.81 (83.5% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 94.8% above the Real Estate median (#581 of 1744)

No single metric tells the full story. See the OCSE:CEMAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cemat AS Business Description

Other Exchanges 1X9:Germany
Address c/o DLA Piper Denmark Law Firm P/S, Oslo Plads 2, Copenhagen V, DNK, 2100
Cemat AS is a Denmark-based holding company that engages in the real estate business. The Group comprises two segments that is Property management division comprising letting of premises and land and the provision of utilities to tenants, including power, water, natural gas, facility services, etc. and the other is Property development including the preparation and implementation of development projects, in the field of housing and commercial space. The company derives maximum revenue from Property Management & Holding Segment.
72GF Score

Get the complete analysis for OCSE:CEMAT

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.81
Price
kr4.92
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