NicholsSTU:NRV +1.87%74 Operating Margin % is 23.78% as of Dec. 2025, which is 37% above its 10-year median of 17.41. GuruFocus rates STU:NRV with a GF Score™ of 74/100 and a GF Value™ of €12.51. The stock has 1 warning sign investors should review. Among 116 Beverages - Non-Alcoholic companies, Nichols ranks better than 82.76% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Nichols's Operating Income for the
six
months ended in Dec. 2025 was €24.3 Mil. Nichols's Revenue for the
six
months ended in Dec. 2025 was €102.4 Mil. Therefore, Nichols's Operating Margin % for the quarter that ended in Dec. 2025 was 23.78%.
Good Sign:
Nichols PLC operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Nichols's Operating Margin % or its related term are showing as below:
STU:NRV'
s Operating Margin % Range Over the Past 10 Years
Min: 9.82 Med: 17.41 Max: 25.84
Current: 18.11
STU:NRV's Operating Margin % is ranked better than 82.76% of 116
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 8.975
vs STU:NRV: 18.11
Nichols's 5-Year Average Operating Margin % Growth Rate was 10.00% per year.
Nichols's Operating Income for the
six
months ended in Dec. 2025 was €24.3 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €36.6 Mil.
Nichols (STU:NRV) 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.
Nichols Operating Margin % Related Terms
Nichols Operating Margin % Historical Data
* Premium members only.
The historical data trend for Nichols'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:NRV vs KO, PEP, MNST: Operating Margin % Comparison
For the Beverages - Non-Alcoholic subindustry, Nichols'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.
Nichols Operating Margin % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Nichols's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Nichols'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.
Nichols'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.
Nichols (STU:NRV) has a Operating Margin % of 23.78% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Nichols and its competitors. This is 37% above median its historical median of 17.41. Over the past decade, Nichols' Operating Margin % has ranged from 9.82 to 25.84. According to the industry distribution chart, Nichols ranks #20 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 17.2%.
Is Nichols' Operating Margin % too high?
Nichols' current Operating Margin % of 23.78% is 37% above median its 10-year median of 17.41. Over the past 10 years, this metric has ranged from a low of 9.82 to a high of 25.84. The Beverages - Non-Alcoholic industry median Operating Margin % is 8.98. Nichols' value of 23.78% is 165% above this industry median. Based on the distribution chart, Nichols ranks #20 out of 116 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Nichols has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Nichols' Operating Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Nichols ranks #20 out of 116 companies for Operating Margin %. This places Nichols in the top 17% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 8.98. Nichols' value of 23.78% is 165% above this benchmark. Historically, Nichols' own Operating Margin % has ranged from 9.82 to 25.84 over the past decade. While the company's 10-year median is 17.41 vs. the industry median of 8.98, Nichols 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 Beverages - Non-Alcoholic company?
The median Operating Margin % among Beverages - Non-Alcoholic companies is 8.98, based on 116 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. Nichols's current Operating Margin % of 23.78% is 165% 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 Nichols and its competitors. For the Beverages - Non-Alcoholic industry, the median Operating Margin % is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichols's current Operating Margin % is 23.78%, which is 37% above median its own 10-year median of 17.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichols stock overvalued right now?
Nichols (STU:NRV) has a current Operating Margin % of 23.78%. The stock's GF Value™ is €12.51, compared to a current price of €10.90 — trading 12.9% below its estimated fair value. The current Operating Margin % is 23.78%, which is 37% above median its 10-year median of 17.41 and 165% above the Beverages - Non-Alcoholic industry median of 8.98. Nichols' overall GF Score™ is 74/100 with 1 warning sign 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 Nichols (STU:NRV), the current Operating Margin % is 23.78% 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 Nichols (STU:NRV) Overvalued in 2026?
Based on GuruFocus' analysis, Nichols stock appears to be undervalued.
The current stock price of €10.90 is trading 12.9% below its estimated GF Value™ of €12.51.
Key valuation signals for STU:NRV:
Operating Margin %: 23.78% (37% above median its 10-year median of 17.41)
GF Value™: €12.51 vs. price of €10.90 (12.9% below fair value)
Industry Position: 165% above the Beverages - Non-Alcoholic median (#20 of 116)
No single metric tells the full story. See the STU:NRV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nichols PLC is an international soft drinks company that sells products in both the still and carbonated categories. The company markets its products under the Vimto brand, which is popular in the UK and around the globe, particularly in the Middle East & Africa. Other brands in its portfolio include Slush Puppie, Starslush, Fryst, Icee, Levi Roots, & Sunkist. Geographically, the majority of the company's revenue comes from the United Kingdom. The company has one segment, which includes Packaged, comprising the Group's manufactured concentrate & packaged bottle & can sales for distribution through grocery stores, wholesalers, convenience stores, & independent retailers. Out of Home comprises the Group's postmix soft drinks, premium mixers, & ICEE frozen drinks for consumption out of home.
74GF Score
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