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.
Havila Shipping ASA Operating Margin % Related Terms
Havila Shipping ASA Operating Margin % Historical Data
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The historical data trend for Havila Shipping ASA'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.
For the Marine Shipping subindustry, Havila Shipping ASA'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.
Havila Shipping ASA Operating Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Havila Shipping ASA's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Havila Shipping ASA'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.
Havila Shipping ASA'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.
Havila Shipping ASA (OSL:HAVI) has a Operating Margin % of -29.99% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Havila Shipping ASA and its competitors. According to the industry distribution chart, Havila Shipping ASA ranks #821 out of 999 companies in the Transportation industry, placing it in the top 82.2%.
Is Havila Shipping ASA's Operating Margin % too high?
Havila Shipping ASA's current Operating Margin % is -29.99%. Based on the distribution chart, Havila Shipping ASA ranks #821 out of 999 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Havila Shipping ASA has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Havila Shipping ASA's Operating Margin % compare to competitors?
According to the Transportation industry distribution chart, Havila Shipping ASA ranks #821 out of 999 companies for Operating Margin %. This places Havila Shipping ASA in the lower half of its industry. The industry median Operating Margin % is 7.29. 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 Transportation company?
The median Operating Margin % among Transportation companies is 7.29, based on 999 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 Havila Shipping ASA and its competitors. For the Transportation industry, the median Operating Margin % is 7.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havila Shipping ASA's current Operating Margin % is -29.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havila Shipping ASA stock overvalued right now?
Based on GuruFocus' analysis, Havila Shipping ASA (OSL:HAVI) is currently considered Possible Value Trap. The stock's GF Value™ is kr2.65, compared to a current price of kr1.12 — trading 57.9% below its estimated fair value. The current Operating Margin % is -29.99%. Havila Shipping ASA's overall GF Score™ is 50/100 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 Havila Shipping ASA (OSL:HAVI), the current Operating Margin % is -29.99% 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 Havila Shipping ASA (OSL:HAVI) Overvalued in 2026?
Based on GuruFocus' analysis, Havila Shipping ASA stock appears to be undervalued.
The current stock price of kr1.12 is trading 57.9% below its estimated GF Value™ of kr2.65.
GuruFocus considers Havila Shipping ASA to be Possible Value Trap.
Key valuation signals for OSL:HAVI:
Operating Margin %: -29.99%
GF Value™: kr2.65 vs. price of kr1.12 (57.9% below fair value)
No single metric tells the full story. See the OSL:HAVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Havila Shipping ASA is a supplier of quality assured supply services to the offshore industry, nationally as well as internationally. Its segment includes Platform Supply Vessel, Rescue recovery Vessel, Subsea operations vessels, and Non-allocated. The group generates revenue mainly from customers located in Norway, the UK, Denmark, Belgium, Iceland, and the Netherlands. The group generates the majority of its revenue from the Platform Supply Vessel segment.
50GF Score
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