IRCE SpASTU:IRQ +1.34%66 Operating Margin % is 6.37% as of Mar. 2026, which is 151% above its 10-year median of 2.54. GuruFocus rates STU:IRQ with a GF Score™ of 66/100 and a GF Value™ of €1.90 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,038 Industrial Products companies, IRCE SpA ranks worse than 65.73% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. IRCE SpA's Operating Income for the
three
months ended in Mar. 2026 was €6.8 Mil. IRCE SpA's Revenue for the
three
months ended in Mar. 2026 was €106.1 Mil. Therefore, IRCE SpA's Operating Margin % for the quarter that ended in Mar. 2026 was 6.37%.
Good Sign:
IRCE SpA operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for IRCE SpA's Operating Margin % or its related term are showing as below:
STU:IRQ'
s Operating Margin % Range Over the Past 10 Years
Min: 0.12 Med: 2.54 Max: 3.49
Current: 3.38
STU:IRQ's Operating Margin % is ranked worse than 65.73% of 3038
companies
in the Industrial Products industry
Industry Median: 6.53
vs STU:IRQ: 3.38
IRCE SpA's 5-Year Average Operating Margin % Growth Rate was 14.20% per year.
IRCE SpA's Operating Income for the
three
months ended in Mar. 2026 was €6.8 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €12.9 Mil.
IRCE SpA (STU:IRQ) 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 Nokias 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.
IRCE SpA Operating Margin % Related Terms
IRCE SpA Operating Margin % Historical Data
* Premium members only.
The historical data trend for IRCE SpA'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.
STU:IRQ vs VRT, BE, NVT: Operating Margin % Comparison
For the Electrical Equipment & Parts subindustry, IRCE SpA'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.
IRCE SpA Operating Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, IRCE SpA's Operating Margin % distribution charts can be found below:
* The bar in red indicates where IRCE SpA's Operating Margin % falls into.
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.
IRCE SpA's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
IRCE SpA (STU:IRQ) has a Operating Margin % of 6.37% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on IRCE SpA and its competitors. This is 151% above median its historical median of 2.54. Over the past decade, IRCE SpA's Operating Margin % has ranged from 0.12 to 3.49. According to the industry distribution chart, IRCE SpA ranks #1997 out of 3038 companies in the Industrial Products industry, placing it in the top 65.7%.
Is IRCE SpA's Operating Margin % too high?
IRCE SpA's current Operating Margin % of 6.37% is 151% above median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 3.49. The Industrial Products industry median Operating Margin % is 6.53. IRCE SpA's value of 6.37% is 2.5% below this industry median. Based on the distribution chart, IRCE SpA ranks #1997 out of 3038 companies in the Industrial Products industry, which is below the industry midpoint. Overall, IRCE SpA has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IRCE SpA's Operating Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, IRCE SpA ranks #1997 out of 3038 companies for Operating Margin %. This places IRCE SpA in the lower half of its industry. The industry median Operating Margin % is 6.53. IRCE SpA's value of 6.37% is 2.5% below this benchmark. Historically, IRCE SpA's own Operating Margin % has ranged from 0.12 to 3.49 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 6.53, IRCE SpA 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 Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.53, based on 3,038 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. IRCE SpA's current Operating Margin % of 6.37% is 2.5% 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 IRCE SpA and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRCE SpA's current Operating Margin % is 6.37%, which is 151% above median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRCE SpA stock overvalued right now?
Based on GuruFocus' analysis, IRCE SpA (STU:IRQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.90, compared to a current price of €2.27 — trading 19.5% above its estimated fair value. The current Operating Margin % is 6.37%, which is 151% above median its 10-year median of 2.54 and 2.5% below the Industrial Products industry median of 6.53. IRCE SpA's overall GF Score™ is 66/100 with 6 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 IRCE SpA (STU:IRQ), the current Operating Margin % is 6.37% 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 IRCE SpA (STU:IRQ) Overvalued in 2026?
Based on GuruFocus' analysis, IRCE SpA stock appears to be overvalued.
The current stock price of €2.27 is trading 19.5% above its estimated GF Value™ of €1.90.
GuruFocus considers IRCE SpA to be Modestly Overvalued.
Key valuation signals for STU:IRQ:
Operating Margin %: 6.37% (151% above median its 10-year median of 2.54)
GF Value™: €1.90 vs. price of €2.27 (19.5% above fair value)
Industry Position: 2.5% below the Industrial Products median (#1997 of 3038)
No single metric tells the full story. See the STU:IRQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRCE SpA is an Italy-based company that operates in the sector of winding conductors and electrical cables. The company products include Enamelled copper and aluminum round wire, Copper and aluminum rectangular wire, Medium Voltage Cables, and others. The company's geographical segments are Italy, the European Union, and Non-European Union. Italy contributes majority of the its revenue in terms of geographical segment.
66GF Score
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