Elmera Group ASA (STU:1ZK) Operating Margin %: 2.70% (As of Mar. 2026) — 39% Below Median


STU:1ZK Elmera Group ASA STU:1ZK
70 GF Score
Price €3.98
GF Value €3.17
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Elmera Group ASA Operating Margin %?

Elmera Group ASA STU:1ZK +16.57% 70 Operating Margin % is 2.70% as of Mar. 2026, which is 39% below its 10-year median of 4.43. GuruFocus rates STU:1ZK with a GF Score™ of 70/100 and a GF Value™ of €3.17 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 499 Utilities - Regulated companies, Elmera Group ASA ranks worse than 83.57% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Elmera Group ASA's Operating Income for the three months ended in Mar. 2026 was €17 Mil. Elmera Group ASA's Revenue for the three months ended in Mar. 2026 was €623 Mil. Therefore, Elmera Group ASA's Operating Margin % for the quarter that ended in Mar. 2026 was 2.70%.

Warning Sign:

Elmera Group ASA operating margin has been in a 5-year decline. The average rate of decline per year is -18.5%.

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

STU:1ZK' s Operating Margin % Range Over the Past 10 Years
Min: 1.36   Med: 4.43   Max: 17.94
Current: 2.97


STU:1ZK's Operating Margin % is ranked worse than
83.57% of 499 companies
in the Utilities - Regulated industry
Industry Median: 14.97 vs STU:1ZK: 2.97

Elmera Group ASA's 5-Year Average Operating Margin % Growth Rate was -18.50% per year.

Elmera Group ASA's Operating Income for the three months ended in Mar. 2026 was €17 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €38 Mil.


Elmera Group ASA  (STU:1ZK) 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.


Elmera Group ASA Operating Margin % Related Terms


Elmera Group ASA Operating Margin % Historical Data

* Premium members only.

The historical data trend for Elmera Group 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.

Elmera Group ASA Operating Margin % Chart

Elmera Group ASA 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 2.63 1.36 1.99 3.83 3.17

Elmera Group ASA 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 2.94 3.61 2.48 3.35 2.70

STU:1ZK vs NEE, SO, DUK: Operating Margin % Comparison

For the Utilities - Regulated Electric subindustry, Elmera Group 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.


Elmera Group ASA Operating Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elmera Group ASA's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Elmera Group ASA's Operating Margin % falls into.


STU:1ZK
70GF Score
Elmera Group ASA STU:1ZK
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Elmera Group ASA 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.

Elmera Group ASA'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 )
=32.412 / 1023.944
=3.17 %

Elmera Group ASA'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 )
=16.805 / 623.216
=2.70 %

* 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 2.70% mean?
Elmera Group ASA (STU:1ZK) has a Operating Margin % of 2.70% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Elmera Group ASA and its competitors. This is 39% below median its historical median of 4.43. Over the past decade, Elmera Group ASA's Operating Margin % has ranged from 1.36 to 17.94. According to the industry distribution chart, Elmera Group ASA ranks #417 out of 499 companies in the Utilities - Regulated industry, placing it in the top 83.6%.
Is Elmera Group ASA's Operating Margin % too high?
Elmera Group ASA's current Operating Margin % of 2.70% is 39% below median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 17.94. The Utilities - Regulated industry median Operating Margin % is 14.97. Elmera Group ASA's value of 2.70% is 82% below this industry median. Based on the distribution chart, Elmera Group ASA ranks #417 out of 499 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Elmera Group ASA has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elmera Group ASA's Operating Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Elmera Group ASA ranks #417 out of 499 companies for Operating Margin %. This places Elmera Group ASA in the lower half of its industry. The industry median Operating Margin % is 14.97. Elmera Group ASA's value of 2.70% is 82% below this benchmark. Historically, Elmera Group ASA's own Operating Margin % has ranged from 1.36 to 17.94 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 14.97, Elmera Group ASA 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 an Utilities - Regulated company?
The median Operating Margin % among Utilities - Regulated companies is 14.97, based on 499 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. Elmera Group ASA's current Operating Margin % of 2.70% is 82% 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 Elmera Group ASA and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elmera Group ASA's current Operating Margin % is 2.70%, which is 39% below median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elmera Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Elmera Group ASA (STU:1ZK) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.17, compared to a current price of €3.98 — trading 25.4% above its estimated fair value. The current Operating Margin % is 2.70%, which is 39% below median its 10-year median of 4.43 and 82% below the Utilities - Regulated industry median of 14.97. Elmera Group ASA's overall GF Score™ is 70/100 with 7 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 Elmera Group ASA (STU:1ZK), the current Operating Margin % is 2.70% 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 Elmera Group ASA (STU:1ZK) Overvalued in 2026?

Based on GuruFocus' analysis, Elmera Group ASA stock appears to be overvalued. The current stock price of €3.98 is trading 25.4% above its estimated GF Value™ of €3.17. GuruFocus considers Elmera Group ASA to be Modestly Overvalued.

Key valuation signals for STU:1ZK:

  • Operating Margin %: 2.70% (39% below median its 10-year median of 4.43)
  • GF Value™: €3.17 vs. price of €3.98 (25.4% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 82% below the Utilities - Regulated median (#417 of 499)

No single metric tells the full story. See the STU:1ZK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elmera Group ASA Business Description

Other Exchanges FKRAFTo:SwedenELMRA:Norway
Address Folke Bernadottes Vei 38, Fyllingsdalen, Bergen, NOR, 5147
Elmera Group ASA is engaged in the sale of electrical power and related services. The company has three operating segments: Consumer, Business, and Nordic. The Consumer segment comprises the sale of electrical power and related services to private consumers in Norway. The Business segment includes the sale of electrical power and related services to business customers in Norway. The Nordic segment involves the sale of electrical power and related services to consumers in Finland and Sweden. It generates the majority of its revenue from the Consumer segment.
70GF Score

Get the complete analysis for STU:1ZK

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

€3.98
Price
€3.17
GF Value