CombinedX AB (OSTO:CX) Operating Margin %: 7.84% (As of Mar. 2026) — 12% Above Median


OSTO:CX CombinedX AB OSTO:CX
84 GF Score
Price kr36.50
GF Value kr38.91
Valuation Fairly Valued
! 8 Warning Signs
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What is CombinedX AB Operating Margin %?

CombinedX AB OSTO:CX +2.24% 84 Operating Margin % is 7.84% as of Mar. 2026, which is 12% above its 10-year median of 7.01. GuruFocus rates OSTO:CX with a GF Score™ of 84/100 and a GF Value™ of kr38.91 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,818 Software companies, CombinedX AB ranks better than 55.29% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. CombinedX AB's Operating Income for the three months ended in Mar. 2026 was kr20.3 Mil. CombinedX AB's Revenue for the three months ended in Mar. 2026 was kr258.9 Mil. Therefore, CombinedX AB's Operating Margin % for the quarter that ended in Mar. 2026 was 7.84%.

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

OSTO:CX' s Operating Margin % Range Over the Past 10 Years
Min: -0.88   Med: 7.01   Max: 10.66
Current: 5.56


OSTO:CX's Operating Margin % is ranked better than
55.29% of 2818 companies
in the Software industry
Industry Median: 3.865 vs OSTO:CX: 5.56

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

CombinedX AB's Operating Income for the three months ended in Mar. 2026 was kr20.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was kr53.8 Mil.


CombinedX AB  (OSTO:CX) 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.


CombinedX AB Operating Margin % Related Terms


CombinedX AB Operating Margin % Historical Data

* Premium members only.

The historical data trend for CombinedX AB'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.

CombinedX AB Operating Margin % Chart

CombinedX AB Annual Data
Trend Apr18 Apr19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 10.66 8.02 10.46 6.51 6.12

CombinedX AB Quarterly Data
Jun21 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 9.82 3.96 3.75 6.10 7.84

OSTO:CX vs IBM, ACN, FISV: Operating Margin % Comparison

For the Information Technology Services subindustry, CombinedX AB'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.


CombinedX AB Operating Margin % vs Software Industry

For the Software industry and Technology sector, CombinedX AB's Operating Margin % distribution charts can be found below:

* The bar in red indicates where CombinedX AB's Operating Margin % falls into.


OSTO:CX
84GF Score
CombinedX AB OSTO:CX
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CombinedX AB 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.

CombinedX AB'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 )
=58 / 947.7
=6.12 %

CombinedX AB'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 )
=20.3 / 258.9
=7.84 %

* 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 7.84% mean?
CombinedX AB (OSTO:CX) has a Operating Margin % of 7.84% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on CombinedX AB and its competitors. This is 12% above median its historical median of 7.01. According to the industry distribution chart, CombinedX AB ranks #1260 out of 2818 companies in the Software industry, placing it in the top 44.7%.
Is CombinedX AB's Operating Margin % too high?
CombinedX AB's current Operating Margin % of 7.84% is 12% above median its 10-year median of 7.01. The Software industry median Operating Margin % is 3.87. CombinedX AB's value of 7.84% is 102.8% above this industry median. Based on the distribution chart, CombinedX AB ranks #1260 out of 2818 companies in the Software industry, which is above the industry midpoint. Overall, CombinedX AB has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CombinedX AB's Operating Margin % compare to IBM and ACN?
According to the Software industry distribution chart, CombinedX AB ranks #1260 out of 2818 companies for Operating Margin %. This puts CombinedX AB in the upper half of its industry. The industry median Operating Margin % is 3.87. CombinedX AB's value of 7.84% is 102.8% above this benchmark. While the company's 10-year median is 7.01 vs. the industry median of 3.87, CombinedX AB 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 Software company?
The median Operating Margin % among Software companies is 3.87, based on 2,818 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. CombinedX AB's current Operating Margin % of 7.84% is 102.8% 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 CombinedX AB and its competitors. For the Software industry, the median Operating Margin % is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CombinedX AB's current Operating Margin % is 7.84%, which is 12% above median its own 10-year median of 7.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CombinedX AB stock overvalued right now?
Based on GuruFocus' analysis, CombinedX AB (OSTO:CX) is currently considered Fairly Valued. The stock's GF Value™ is kr38.91, compared to a current price of kr36.50 — trading 6.2% below its estimated fair value. The current Operating Margin % is 7.84%, which is 12% above median its 10-year median of 7.01 and 102.8% above the Software industry median of 3.87. CombinedX AB's overall GF Score™ is 84/100 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 CombinedX AB (OSTO:CX), the current Operating Margin % is 7.84% 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 CombinedX AB (OSTO:CX) Overvalued in 2026?

Based on GuruFocus' analysis, CombinedX AB stock appears to be undervalued. The current stock price of kr36.50 is trading 6.2% below its estimated GF Value™ of kr38.91. GuruFocus considers CombinedX AB to be Fairly Valued.

Key valuation signals for OSTO:CX:

  • Operating Margin %: 7.84% (12% above median its 10-year median of 7.01)
  • GF Value™: kr38.91 vs. price of kr36.50 (6.2% below fair value)
  • GF Score™: 84/100 with 8 warning signs
  • Industry Position: 102.8% above the Software median (#1260 of 2818)

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


CombinedX AB Business Description

Address Tynasgatan 10, Karlstad, SWE, 652 16
CombinedX AB is a family of knowledge companies that help companies and organizations to take advantage of the opportunities of digitalisation. It delivers services through eight wholly-owned specialist companies, each with market-leading technology and business expertise in its niche.
84GF Score

Get the complete analysis for OSTO:CX

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

kr36.50
Price
kr38.91
GF Value