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H+H International ASOCSE:HH -0.79%71 Operating Margin % is 5.72% as of Jun. 2026, which is 39% below its 10-year median of 9.31. GuruFocus rates OCSE:HH with a GF Score™ of 71/100 and a GF Value™ of kr91.57 (Fairly Valued). The stock has 8 warning signs investors should review. Among 407 Building Materials companies, H+H International AS ranks worse than 66.83% on this metric.
H+H International AS (OCSE:HH) 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.
H+H International AS Operating Margin % Related Terms
H+H International AS Operating Margin % Historical Data
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The historical data trend for H+H International 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.
OCSE:HH vs CRH, MLM, VMC: Operating Margin % Comparison
For the Building Materials subindustry, H+H International 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.
H+H International AS Operating Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, H+H International AS's Operating Margin % distribution charts can be found below:
* The bar in red indicates where H+H International AS's Operating Margin % falls into.
H+H International 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.
H+H International 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.
H+H International AS (OCSE:HH) has a Operating Margin % of 5.72% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on H+H International AS and its competitors. This is 39% below median its historical median of 9.31. Over the past decade, H+H International AS's Operating Margin % has ranged from 1.09 to 13.08. According to the industry distribution chart, H+H International AS ranks #272 out of 407 companies in the Building Materials industry, placing it in the top 66.8%.
Is H+H International AS's Operating Margin % too high?
H+H International AS's current Operating Margin % of 5.72% is 39% below median its 10-year median of 9.31. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 13.08. The Building Materials industry median Operating Margin % is 7.10. H+H International AS's value of 5.72% is 19.4% below this industry median. Based on the distribution chart, H+H International AS ranks #272 out of 407 companies in the Building Materials industry, which is below the industry midpoint. Overall, H+H International AS has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H+H International AS's Operating Margin % compare to CRH and MLM?
According to the Building Materials industry distribution chart, H+H International AS ranks #272 out of 407 companies for Operating Margin %. This places H+H International AS in the lower half of its industry. The industry median Operating Margin % is 7.10. H+H International AS's value of 5.72% is 19.4% below this benchmark. Historically, H+H International AS's own Operating Margin % has ranged from 1.09 to 13.08 over the past decade. While the company's 10-year median is 9.31 vs. the industry median of 7.10, H+H International AS 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 Building Materials company?
The median Operating Margin % among Building Materials companies is 7.10, based on 407 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. H+H International AS's current Operating Margin % of 5.72% is 19.4% 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 H+H International AS and its competitors. For the Building Materials industry, the median Operating Margin % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H+H International AS's current Operating Margin % is 5.72%, which is 39% below median its own 10-year median of 9.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H+H International AS stock overvalued right now?
Based on GuruFocus' analysis, H+H International AS (OCSE:HH) is currently considered Fairly Valued. The stock's GF Value™ is kr91.57, compared to a current price of kr100.00 — trading 9.2% above its estimated fair value. The current Operating Margin % is 5.72%, which is 39% below median its 10-year median of 9.31 and 19.4% below the Building Materials industry median of 7.10. H+H International AS's overall GF Score™ is 71/100 with 8 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 H+H International AS (OCSE:HH), the current Operating Margin % is 5.72% as of Jun. 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 H+H International AS (OCSE:HH) Overvalued in 2026?
Based on GuruFocus' analysis, H+H International AS stock appears to be overvalued.
The current stock price of kr100.00 is trading 9.2% above its estimated GF Value™ of kr91.57.
GuruFocus considers H+H International AS to be Fairly Valued.
Key valuation signals for OCSE:HH:
Operating Margin %: 5.72% (39% below median its 10-year median of 9.31)
GF Value™: kr91.57 vs. price of kr100.00 (9.2% above fair value)
Industry Position: 19.4% below the Building Materials median (#272 of 407)
No single metric tells the full story. See the OCSE:HH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
H+H International AS is a wall-building materials provider. The company's core activity is the production and sale of autoclaved aerated concrete (AAC or aircrete) and calcium silicate units (CSU or sand-lime bricks). The main product lines are aircrete blocks and calcium silicate units used for the residential new building segment. The company has products such as H+H Foundations Blocks, H+H wall elements can also be used for solid external walls, sound-insulation requirements, construction of walls for private low-rise houses, Self-build, Commercial and industry and many more.
71GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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