Solar AS (STU:ZVR) Operating Margin %: -0.79% (As of Mar. 2026)


STU:ZVR Solar AS STU:ZVR
59 GF Score
Price €25.15
GF Value €40.22
Valuation Possible Value Trap
! 8 Warning Signs
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What is Solar AS Operating Margin %?

Solar AS STU:ZVR -1.57% 59 Operating Margin % is -0.79% as of Mar. 2026. GuruFocus rates STU:ZVR with a GF Score™ of 59/100 and a GF Value™ of €40.22 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,471 Hardware companies, Solar AS ranks worse than 63.94% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Solar AS's Operating Income for the three months ended in Mar. 2026 was €-3 Mil. Solar AS's Revenue for the three months ended in Mar. 2026 was €443 Mil. Therefore, Solar AS's Operating Margin % for the quarter that ended in Mar. 2026 was -0.79%.

Warning Sign:

Solar AS operating margin has been in a 5-year decline. The average rate of decline per year is -18.8%.

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

STU:ZVR' s Operating Margin % Range Over the Past 10 Years
Min: 1.2   Med: 2.7   Max: 6.76
Current: 1.2


STU:ZVR's Operating Margin % is ranked worse than
63.94% of 2471 companies
in the Hardware industry
Industry Median: 3.8 vs STU:ZVR: 1.20

Solar AS's 5-Year Average Operating Margin % Growth Rate was -18.80% per year.

Solar AS's Operating Income for the three months ended in Mar. 2026 was €-3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €20 Mil.

Warning Sign:

Solar AS has recorded a loss in operating income at least once over the past 3 years.


Solar AS  (STU:ZVR) 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.


Solar AS Operating Margin % Related Terms


Solar AS Operating Margin % Historical Data

* Premium members only.

The historical data trend for Solar AS'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.

Solar AS Operating Margin % Chart

Solar AS 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 5.60 6.76 4.58 2.80 1.36

Solar AS 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 -0.22 0.86 1.10 3.72 -0.79

STU:ZVR vs SNX, ARW, AVT: Operating Margin % Comparison

For the Electronics & Computer Distribution subindustry, Solar AS'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.


Solar AS Operating Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Solar AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Solar AS's Operating Margin % falls into.


STU:ZVR
59GF Score
Solar AS STU:ZVR
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solar AS 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.

Solar AS'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 )
=22.226 / 1629.568
=1.36 %

Solar AS'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 )
=-3.479 / 442.581
=-0.79 %

* 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 -0.79% mean?
Solar AS (STU:ZVR) has a Operating Margin % of -0.79% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Solar AS and its competitors. Over the past decade, Solar AS's Operating Margin % has ranged from 1.20 to 6.76. According to the industry distribution chart, Solar AS ranks #1580 out of 2471 companies in the Hardware industry, placing it in the top 63.9%.
Is Solar AS's Operating Margin % too high?
Solar AS's current Operating Margin % is -0.79%. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 6.76. Based on the distribution chart, Solar AS ranks #1580 out of 2471 companies in the Hardware industry, which is below the industry midpoint. Overall, Solar AS has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solar AS's Operating Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, Solar AS ranks #1580 out of 2471 companies for Operating Margin %. This places Solar AS in the lower half of its industry. The industry median Operating Margin % is 3.80. Historically, Solar AS's own Operating Margin % has ranged from 1.20 to 6.76 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.80, based on 2,471 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 Solar AS and its competitors. For the Hardware industry, the median Operating Margin % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar AS's current Operating Margin % is -0.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar AS stock overvalued right now?
Based on GuruFocus' analysis, Solar AS (STU:ZVR) is currently considered Possible Value Trap. The stock's GF Value™ is €40.22, compared to a current price of €25.15 — trading 37.5% below its estimated fair value. The current Operating Margin % is -0.79%. Solar AS's overall GF Score™ is 59/100 with 8 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 Solar AS (STU:ZVR), the current Operating Margin % is -0.79% 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 Solar AS (STU:ZVR) Overvalued in 2026?

Based on GuruFocus' analysis, Solar AS stock appears to be undervalued. The current stock price of €25.15 is trading 37.5% below its estimated GF Value™ of €40.22. GuruFocus considers Solar AS to be Possible Value Trap.

Key valuation signals for STU:ZVR:

  • Operating Margin %: -0.79%
  • GF Value™: €40.22 vs. price of €25.15 (37.5% below fair value)
  • GF Score™: 59/100 with 8 warning signs

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


Solar AS Business Description

Address Industrivej Vest 43, Vejen, DNK, 6600
Solar AS is an sourcing and services company mainly within electrical, heating & plumbing and climate & energy solutions. Its core business centres on product sourcing, value-adding services and optimisation of customer's businesses. It has three business segment; Installation, Industry and Trade. Installation covers installation of electrical, and heating and plumbing products, while industry covers industry, offshore and marine, and utility and infrastructure, trade covers other small areas. Key revenue is generated from Installation segment. The company operates in Denmark, Sweden, Norway, Netherlands, Poland and Others.
59GF Score

Get the complete analysis for STU:ZVR

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

€25.15
Price
€40.22
GF Value