IPAS Indexo (ORSE:IDX1R) Operating Margin %: -255.99% (As of Mar. 2026)


ORSE:IDX1R IPAS Indexo ORSE:IDX1R
67 GF Score
Price €8.66
GF Value €15.14
Valuation Possible Value Trap
! 8 Warning Signs
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What is IPAS Indexo Operating Margin %?

IPAS Indexo ORSE:IDX1R -0.69% 67 Operating Margin % is -255.99% as of Mar. 2026. GuruFocus rates ORSE:IDX1R with a GF Score™ of 67/100 and a GF Value™ of €15.14 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 653 Asset Management companies, IPAS Indexo ranks worse than 90.2% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. IPAS Indexo's Operating Income for the three months ended in Mar. 2026 was €-10.06 Mil. IPAS Indexo's Revenue for the three months ended in Mar. 2026 was €3.93 Mil. Therefore, IPAS Indexo's Operating Margin % for the quarter that ended in Mar. 2026 was -255.99%.

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

ORSE:IDX1R' s Operating Margin % Range Over the Past 10 Years
Min: -203.41   Med: -99.89   Max: 1.25
Current: -203.41


ORSE:IDX1R's Operating Margin % is ranked worse than
90.2% of 653 companies
in the Asset Management industry
Industry Median: 17.35 vs ORSE:IDX1R: -203.41

IPAS Indexo's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

IPAS Indexo's Operating Income for the three months ended in Mar. 2026 was €-10.06 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €-16.80 Mil.


IPAS Indexo  (ORSE:IDX1R) 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.


IPAS Indexo Operating Margin % Related Terms


IPAS Indexo Operating Margin % Historical Data

* Premium members only.

The historical data trend for IPAS Indexo'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.

IPAS Indexo Operating Margin % Chart

IPAS Indexo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 1.25 -54.92 -92.25 -110.99 -155.67

IPAS Indexo Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -160.50 -188.19 -120.48 -161.65 -255.99

ORSE:IDX1R vs BLK, BX, KKR: Operating Margin % Comparison

For the Asset Management subindustry, IPAS Indexo'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.


IPAS Indexo Operating Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, IPAS Indexo's Operating Margin % distribution charts can be found below:

* The bar in red indicates where IPAS Indexo's Operating Margin % falls into.


ORSE:IDX1R
67GF Score
IPAS Indexo ORSE:IDX1R
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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IPAS Indexo 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.

IPAS Indexo'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 )
=-8.733 / 5.61
=-155.67 %

IPAS Indexo's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-10.063 / 3.931
=-255.99 %

* 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 -255.99% mean?
IPAS Indexo (ORSE:IDX1R) has a Operating Margin % of -255.99% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on IPAS Indexo and its competitors. According to the industry distribution chart, IPAS Indexo ranks #589 out of 653 companies in the Asset Management industry, placing it in the top 90.2%.
Is IPAS Indexo's Operating Margin % too high?
IPAS Indexo's current Operating Margin % is -255.99%. Based on the distribution chart, IPAS Indexo ranks #589 out of 653 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, IPAS Indexo has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does IPAS Indexo's Operating Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, IPAS Indexo ranks #589 out of 653 companies for Operating Margin %. This places IPAS Indexo in the lower half of its industry. The industry median Operating Margin % is 17.35. 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 Asset Management company?
The median Operating Margin % among Asset Management companies is 17.35, based on 653 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. 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 IPAS Indexo and its competitors. For the Asset Management industry, the median Operating Margin % is 17.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPAS Indexo's current Operating Margin % is -255.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPAS Indexo stock overvalued right now?
Based on GuruFocus' analysis, IPAS Indexo (ORSE:IDX1R) is currently considered Possible Value Trap. The stock's GF Value™ is €15.14, compared to a current price of €8.66 — trading 42.8% below its estimated fair value. The current Operating Margin % is -255.99%. IPAS Indexo's overall GF Score™ is 67/100 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 IPAS Indexo (ORSE:IDX1R), the current Operating Margin % is -255.99% 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 IPAS Indexo (ORSE:IDX1R) Overvalued in 2026?

Based on GuruFocus' analysis, IPAS Indexo stock appears to be undervalued. The current stock price of €8.66 is trading 42.8% below its estimated GF Value™ of €15.14. GuruFocus considers IPAS Indexo to be Possible Value Trap.

Key valuation signals for ORSE:IDX1R:

  • Operating Margin %: -255.99%
  • GF Value™: €15.14 vs. price of €8.66 (42.8% below fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the ORSE:IDX1R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IPAS Indexo Business Description

Other Exchanges S9S:Germany
Address 1 Roberta Hirsa Street, Riga, LVA, 1045
IPAS Indexo is a licensed investment management company. Along with its subsidiaries, it operates in the following segments: Asset management, Bank development, and Non-bank lending. Maximum revenue is generated from the Asset Management segment, which includes management of the assets of state-funded pension scheme investment plans and private pension scheme investment plans. The Bank development segment represents the income generated from the provision of various banking services (including accepting deposits, granting loans, offering payment solutions, issuing credit cards, etc.) by its banking subsidiary, and the Non-bank lending represents its non-bank lending activities. Geographically, the group's maximum revenue is generated from Latvia, and rest from the European Economic Area.
67GF Score

Get the complete analysis for ORSE:IDX1R

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

€8.66
Price
€15.14
GF Value