SPIE (SPIWF) Operating Margin %: 0.00% (As of Dec. 2025)


SPIWF SPIE SA SPIWF
72 GF Score
Price $60.33
GF Value $26.29
Valuation Significantly Overvalued
! 3 Warning Signs
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What is SPIE Operating Margin %?

SPIE SPIWF 72 Operating Margin % is 0.00% as of Dec. 2025. GuruFocus rates SPIWF with a GF Score™ of 72/100 and a GF Value™ of $26.29 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,767 Construction companies, SPIE ranks worse than 56593.04% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. SPIE's Operating Income for the three months ended in Dec. 2025 was $0 Mil. SPIE's Revenue for the three months ended in Dec. 2025 was $3,353 Mil. Therefore, SPIE's Operating Margin % for the quarter that ended in Dec. 2025 was 0.00%.

Good Sign:

SPIE SA operating margin is expanding. Margin expansion is usually a good sign.

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


SPIWF's Operating Margin % is not ranked *
in the Construction industry.
Industry Median: 5.89
* Ranked among companies with meaningful Operating Margin % only.

SPIE's 5-Year Average Operating Margin % Growth Rate was 7.20% per year.

SPIE's Operating Income for the three months ended in Dec. 2025 was $0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $0 Mil.


SPIE  (OTCPK:SPIWF) 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.


SPIE Operating Margin % Related Terms


SPIE Operating Margin % Historical Data

* Premium members only.

The historical data trend for SPIE'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.

SPIE Operating Margin % Chart

SPIE 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 4.77 5.04 5.13 5.33 5.50

SPIE Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 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 0.00 0.00 0.00 0.00 0.00

SPIWF vs PWR, FIX, EME: Operating Margin % Comparison

For the Engineering & Construction subindustry, SPIE'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.


SPIE Operating Margin % vs Construction Industry

For the Construction industry and Industrials sector, SPIE's Operating Margin % distribution charts can be found below:

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


SPIWF
72GF Score
SPIE SA SPIWF
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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SPIE 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.

SPIE'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 )
=669.204 / 12174.473
=5.50 %

SPIE'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 )
=0 / 3352.549
=0.00 %

* 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 0.00% mean?
SPIE (SPIWF) has a Operating Margin % of 0.00% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on SPIE and its competitors. Over the past decade, SPIE's Operating Margin % has ranged from 3.62 to 6.25. According to the industry distribution chart, SPIE ranks #999999 out of 1767 companies in the Construction industry.
Is SPIE's Operating Margin % too high?
SPIE's current Operating Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 3.62 to a high of 6.25. Based on the distribution chart, SPIE ranks #999999 out of 1767 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, SPIE has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPIE's Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, SPIE ranks #999999 out of 1767 companies for Operating Margin %. This places SPIE in the lower half of its industry. The industry median Operating Margin % is 5.89. Historically, SPIE's own Operating Margin % has ranged from 3.62 to 6.25 over the past decade. 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 Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,767 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 SPIE and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPIE's current Operating Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPIE stock overvalued right now?
Based on GuruFocus' analysis, SPIE (SPIWF) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.29, compared to a current price of $60.33 — trading 129.5% above its estimated fair value. The current Operating Margin % is 0.00%. SPIE's overall GF Score™ is 72/100 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 SPIE (SPIWF), the current Operating Margin % is 0.00% 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 SPIE (SPIWF) Overvalued in 2026?

Based on GuruFocus' analysis, SPIE stock appears to be overvalued. The current stock price of $60.33 is trading 129.5% above its estimated GF Value™ of $26.29. GuruFocus considers SPIE to be Significantly Overvalued.

Key valuation signals for SPIWF:

  • Operating Margin %: 0.00%
  • GF Value™: $26.29 vs. price of $60.33 (129.5% above fair value)
  • GF Score™: 72/100 with 3 warning signs

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


SPIE Business Description

Address 10, Avenue de l’Entreprise, Cergy-Pontoise, FRA, 95863
SPIE SA is a European provider of multi-technical services in electrical, mechanical, and HVAC engineering and communication systems as well as specialized energy-related services. It helps its customers design, build, operate and maintain facilities that are energy-efficient and environmentally friendly. The group structures its activities around operating segments: France, North-Western Europe, Germany, Central Europe, and Global Services Energy. The majority of its revenue is derived from the Germany segment. It has a geographic presence in Europe, Africa, North, America, Asia-Pacific and Middle East.
72GF Score

Get the complete analysis for SPIWF

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

$60.33
Price
$26.29
GF Value