Exel Industries (STU:8YK) Operating Margin %: -6.04% (As of Mar. 2026)


STU:8YK Exel Industries SA STU:8YK
67 GF Score
Price €20.00
GF Value €36.96
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Exel Industries Operating Margin %?

Exel Industries STU:8YK -2.44% 67 Operating Margin % is -6.04% as of Mar. 2026. GuruFocus rates STU:8YK with a GF Score™ of 67/100 and a GF Value™ of €36.96 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Exel Industries ranks worse than 78.95% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Exel Industries's Operating Income for the six months ended in Mar. 2026 was €-23.0 Mil. Exel Industries's Revenue for the six months ended in Mar. 2026 was €380.9 Mil. Therefore, Exel Industries's Operating Margin % for the quarter that ended in Mar. 2026 was -6.04%.

Good Sign:

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

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

STU:8YK' s Operating Margin % Range Over the Past 10 Years
Min: 1.2   Med: 5.66   Max: 7.16
Current: 1.2


STU:8YK's Operating Margin % is ranked worse than
78.95% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.78 vs STU:8YK: 1.20

Exel Industries's 5-Year Average Operating Margin % Growth Rate was 0.10% per year.

Exel Industries's Operating Income for the six months ended in Mar. 2026 was €-23.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €11.0 Mil.


Exel Industries  (STU:8YK) 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.


Exel Industries Operating Margin % Related Terms


Exel Industries Operating Margin % Historical Data

* Premium members only.

The historical data trend for Exel Industries'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.

Exel Industries Operating Margin % Chart

Exel Industries Annual Data
Trend Aug15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.60 4.31 6.79 5.30 4.50

Exel Industries Semi-Annual Data
Feb16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 4.00 6.34 2.30 6.30 -6.04

STU:8YK vs CAT, DE, PCAR: Operating Margin % Comparison

For the Farm & Heavy Construction Machinery subindustry, Exel Industries'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.


Exel Industries Operating Margin % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Exel Industries's Operating Margin % distribution charts can be found below:

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


STU:8YK
67GF Score
Exel Industries SA STU:8YK
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Exel Industries 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.

Exel Industries's Operating Margin % for the fiscal year that ended in Sep. 2025 is calculated as

Operating Margin %=Operating Income (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=44.201 / 983.01
=4.50 %

Exel Industries'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 )
=-22.987 / 380.862
=-6.04 %

* 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 -6.04% mean?
Exel Industries (STU:8YK) has a Operating Margin % of -6.04% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Exel Industries and its competitors. Over the past decade, Exel Industries' Operating Margin % has ranged from 1.20 to 7.16. According to the industry distribution chart, Exel Industries ranks #165 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 78.9%.
Is Exel Industries' Operating Margin % too high?
Exel Industries' current Operating Margin % is -6.04%. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 7.16. Based on the distribution chart, Exel Industries ranks #165 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Exel Industries has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Exel Industries' Operating Margin % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Exel Industries ranks #165 out of 209 companies for Operating Margin %. This places Exel Industries in the lower half of its industry. The industry median Operating Margin % is 6.78. Historically, Exel Industries' own Operating Margin % has ranged from 1.20 to 7.16 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 Farm & Heavy Construction Machinery company?
The median Operating Margin % among Farm & Heavy Construction Machinery companies is 6.78, based on 209 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 Exel Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median Operating Margin % is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exel Industries's current Operating Margin % is -6.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exel Industries stock overvalued right now?
Based on GuruFocus' analysis, Exel Industries (STU:8YK) is currently considered Significantly Undervalued. The stock's GF Value™ is €36.96, compared to a current price of €20.00 — trading 45.9% below its estimated fair value. The current Operating Margin % is -6.04%. Exel Industries' overall GF Score™ is 67/100 with 5 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 Exel Industries (STU:8YK), the current Operating Margin % is -6.04% 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 Exel Industries (STU:8YK) Overvalued in 2026?

Based on GuruFocus' analysis, Exel Industries stock appears to be undervalued. The current stock price of €20.00 is trading 45.9% below its estimated GF Value™ of €36.96. GuruFocus considers Exel Industries to be Significantly Undervalued.

Key valuation signals for STU:8YK:

  • Operating Margin %: -6.04%
  • GF Value™: €36.96 vs. price of €20.00 (45.9% below fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the STU:8YK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Exel Industries Business Description

Address 52, rue de la Victoire, Paris, FRA, 75009
Exel Industries SA is a French company which is active in the business of manufacture of spraying equipment for plant protection for professional, semi-professional and consumer agricultural applications. The company is also engaged in the business of sugar beet harvesting, providing gardening, spraying and watering equipment and industrial precision spraying solutions which cover protection, finishes, lubrication and pollution clean-up. It markets its products under the brand name of Hozelock, Berthoud, Tecnoma, Laser and Cooper Pegler brands, Kremlin rexsons and Sames. The company earns the majority of its revenue from the agricultural equipment business and geographically from Europe region.
67GF Score

Get the complete analysis for STU:8YK

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

€20.00
Price
€36.96
GF Value