AAK AB (STU:6AA0) Operating Margin %: 9.79% (As of Jun. 2026) — 32% Above Median

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STU:6AA0 AAK AB STU:6AA0
85 GF Score
Price €18.19
GF Value €23.06
Valuation Modestly Undervalued
! 2 Warning Signs
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What is AAK AB Operating Margin %?

AAK AB STU:6AA0 -1.99% 85 Operating Margin % is 9.79% as of Jun. 2026, which is 32% above its 10-year median of 7.42. GuruFocus rates STU:6AA0 with a GF Score™ of 85/100 and a GF Value™ of €23.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,956 Consumer Packaged Goods companies, AAK AB ranks better than 74.39% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. AAK AB's Operating Income for the three months ended in Jun. 2026 was €100 Mil. AAK AB's Revenue for the three months ended in Jun. 2026 was €1,021 Mil. Therefore, AAK AB's Operating Margin % for the quarter that ended in Jun. 2026 was 9.79%.

Good Sign:

AAK AB operating margin is expanding. Margin expansion is usually a good sign.

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

STU:6AA0' s Operating Margin % Range Over the Past 10 Years
Min: 5.03   Med: 7.42   Max: 10.87
Current: 10.72


STU:6AA0's Operating Margin % is ranked better than
74.39% of 1956 companies
in the Consumer Packaged Goods industry
Industry Median: 5.3 vs STU:6AA0: 10.72

AAK AB's 5-Year Average Operating Margin % Growth Rate was 11.30% per year.

AAK AB's Operating Income for the three months ended in Jun. 2026 was €100 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was €448 Mil.


AAK AB  (STU:6AA0) 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.


AAK AB Operating Margin % Related Terms


AAK AB Operating Margin % Historical Data

* Premium members only.

The historical data trend for AAK 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.

AAK AB Operating Margin % Chart

AAK AB 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 5.89 5.03 8.94 10.87 10.16

AAK AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.07 10.96 10.82 11.28 9.79

STU:6AA0 vs KHC, GIS: Operating Margin % Comparison

For the Packaged Foods subindustry, AAK 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.


AAK AB Operating Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AAK AB's Operating Margin % distribution charts can be found below:

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


STU:6AA0
85GF Score
AAK AB STU:6AA0
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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AAK 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.

AAK 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 )
=429.596 / 4228.97
=10.16 %

AAK AB's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=99.977 / 1021.477
=9.79 %

* 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 9.79% mean?
AAK AB (STU:6AA0) has a Operating Margin % of 9.79% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on AAK AB and its competitors. This is 32% above median its historical median of 7.42. Over the past decade, AAK AB's Operating Margin % has ranged from 5.03 to 10.87. According to the industry distribution chart, AAK AB ranks #501 out of 1956 companies in the Consumer Packaged Goods industry, placing it in the top 25.6%.
Is AAK AB's Operating Margin % too high?
AAK AB's current Operating Margin % of 9.79% is 32% above median its 10-year median of 7.42. Over the past 10 years, this metric has ranged from a low of 5.03 to a high of 10.87. The Consumer Packaged Goods industry median Operating Margin % is 5.30. AAK AB's value of 9.79% is 84.7% above this industry median. Based on the distribution chart, AAK AB ranks #501 out of 1956 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, AAK AB has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AAK AB's Operating Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, AAK AB ranks #501 out of 1956 companies for Operating Margin %. This puts AAK AB in the upper half of its industry. The industry median Operating Margin % is 5.30. AAK AB's value of 9.79% is 84.7% above this benchmark. Historically, AAK AB's own Operating Margin % has ranged from 5.03 to 10.87 over the past decade. While the company's 10-year median is 7.42 vs. the industry median of 5.30, AAK 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 Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.30, based on 1,956 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. AAK AB's current Operating Margin % of 9.79% is 84.7% 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 AAK AB and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AAK AB's current Operating Margin % is 9.79%, which is 32% above median its own 10-year median of 7.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AAK AB stock overvalued right now?
Based on GuruFocus' analysis, AAK AB (STU:6AA0) is currently considered Modestly Undervalued. The stock's GF Value™ is €23.06, compared to a current price of €18.19 — trading 21.1% below its estimated fair value. The current Operating Margin % is 9.79%, which is 32% above median its 10-year median of 7.42 and 84.7% above the Consumer Packaged Goods industry median of 5.30. AAK AB's overall GF Score™ is 85/100 with 2 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 AAK AB (STU:6AA0), the current Operating Margin % is 9.79% as of Jun. 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 AAK AB (STU:6AA0) Overvalued in 2026?

Based on GuruFocus' analysis, AAK AB stock appears to be undervalued. The current stock price of €18.19 is trading 21.1% below its estimated GF Value™ of €23.06. GuruFocus considers AAK AB to be Modestly Undervalued.

Key valuation signals for STU:6AA0:

  • Operating Margin %: 9.79% (32% above median its 10-year median of 7.42)
  • GF Value™: €23.06 vs. price of €18.19 (21.1% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 84.7% above the Consumer Packaged Goods median (#501 of 1956)

No single metric tells the full story. See the STU:6AA0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AAK AB Business Description

Address Pulpetgatan 20, Malmo, SWE, 215 37
AAK AB is a Swedish refined vegetable oils producer with sales operations around the world. The company has three business segments: Food Ingredients, Chocolate & Confectionery Fats, and Technical Products & Feed. The Food Ingredients segment provides solutions to the bakery, dairy, nutrition, plant-based, & food service industries. The Chocolate & Confectionery Fats segment mainly serves manufacturers of chocolate, spreads, & fillings products as well as customers in the personal care industry. The Technical Products & Feed segment provides a growing range of specialized solutions, responding to an increased demand for natural ingredients & sustainability. A majority of its revenue is generated from the Food Ingredients segment.
85GF Score

Get the complete analysis for STU:6AA0

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

€18.19
Price
€23.06
GF Value