Frasers Group (STU:ZVX) Operating Margin %: 5.38% (As of Apr. 2026) — 23% Below Median

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STU:ZVX Frasers Group PLC STU:ZVX
83 GF Score
Price €9.00
GF Value €9.02
Valuation Fairly Valued
! 4 Warning Signs
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What is Frasers Group Operating Margin %?

Frasers Group STU:ZVX +1.69% 83 Operating Margin % is 5.38% as of Apr. 2026, which is 23% below its 10-year median of 7.00. GuruFocus rates STU:ZVX with a GF Score™ of 83/100 and a GF Value™ of €9.02 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,129 Retail - Cyclical companies, Frasers Group ranks better than 68.11% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Frasers Group's Operating Income for the six months ended in Apr. 2026 was €170 Mil. Frasers Group's Revenue for the six months ended in Apr. 2026 was €3,158 Mil. Therefore, Frasers Group's Operating Margin % for the quarter that ended in Apr. 2026 was 5.38%.

Good Sign:

Frasers Group PLC operating margin is expanding. Margin expansion is usually a good sign.

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

STU:ZVX' s Operating Margin % Range Over the Past 10 Years
Min: 2.63   Med: 7   Max: 11.06
Current: 7.28


STU:ZVX's Operating Margin % is ranked better than
68.11% of 1129 companies
in the Retail - Cyclical industry
Industry Median: 3.89 vs STU:ZVX: 7.28

Frasers Group's 5-Year Average Operating Margin % Growth Rate was 1.50% per year.

Frasers Group's Operating Income for the six months ended in Apr. 2026 was €170 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was €445 Mil.


Frasers Group  (STU:ZVX) 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.


Frasers Group Operating Margin % Related Terms


Frasers Group Operating Margin % Historical Data

* Premium members only.

The historical data trend for Frasers Group'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.

Frasers Group Operating Margin % Chart

Frasers Group Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.06 8.02 9.67 10.84 7.28

Frasers Group Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 8.71 10.32 11.35 9.30 5.38

STU:ZVX vs CASY, WSM, DKS: Operating Margin % Comparison

For the Specialty Retail subindustry, Frasers Group'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.


Frasers Group Operating Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Frasers Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Frasers Group's Operating Margin % falls into.


STU:ZVX
83GF Score
Frasers Group PLC STU:ZVX
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frasers Group 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.

Frasers Group's Operating Margin % for the fiscal year that ended in Apr. 2026 is calculated as

Operating Margin %=Operating Income (A: Apr. 2026 ) / Revenue (A: Apr. 2026 )
=446.257 / 6128.727
=7.28 %

Frasers Group's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as

Operating Margin %=Operating Income (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=169.964 / 3158.322
=5.38 %

* 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 5.38% mean?
Frasers Group (STU:ZVX) has a Operating Margin % of 5.38% as of Apr. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Frasers Group and its competitors. This is 23% below median its historical median of 7.00. Over the past decade, Frasers Group's Operating Margin % has ranged from 2.63 to 11.06. According to the industry distribution chart, Frasers Group ranks #360 out of 1129 companies in the Retail - Cyclical industry, placing it in the top 31.9%.
Is Frasers Group's Operating Margin % too high?
Frasers Group's current Operating Margin % of 5.38% is 23% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 11.06. The Retail - Cyclical industry median Operating Margin % is 3.89. Frasers Group's value of 5.38% is 38.3% above this industry median. Based on the distribution chart, Frasers Group ranks #360 out of 1129 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Frasers Group has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frasers Group's Operating Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Frasers Group ranks #360 out of 1129 companies for Operating Margin %. This puts Frasers Group in the upper half of its industry. The industry median Operating Margin % is 3.89. Frasers Group's value of 5.38% is 38.3% above this benchmark. Historically, Frasers Group's own Operating Margin % has ranged from 2.63 to 11.06 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 3.89, Frasers Group 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.89, based on 1,129 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. Frasers Group's current Operating Margin % of 5.38% is 38.3% 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 Frasers Group and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frasers Group's current Operating Margin % is 5.38%, which is 23% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Group stock overvalued right now?
Based on GuruFocus' analysis, Frasers Group (STU:ZVX) is currently considered Fairly Valued. The stock's GF Value™ is €9.02, compared to a current price of €9.00 — trading 0.2% below its estimated fair value. The current Operating Margin % is 5.38%, which is 23% below median its 10-year median of 7.00 and 38.3% above the Retail - Cyclical industry median of 3.89. Frasers Group's overall GF Score™ is 83/100 with 4 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 Frasers Group (STU:ZVX), the current Operating Margin % is 5.38% as of Apr. 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 Frasers Group (STU:ZVX) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Group stock appears to be undervalued. The current stock price of €9.00 is trading 0.2% below its estimated GF Value™ of €9.02. GuruFocus considers Frasers Group to be Fairly Valued.

Key valuation signals for STU:ZVX:

  • Operating Margin %: 5.38% (23% below median its 10-year median of 7.00)
  • GF Value™: €9.02 vs. price of €9.00 (0.2% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 38.3% above the Retail - Cyclical median (#360 of 1129)

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


Frasers Group Business Description

Other Exchanges SDIPF:USAFRASl:UKFRAS:UK
Address Unit A, Brook Park East, Shirebrook, GBR, NG20 8RY
Frasers Group PLC is a U.K. sports goods retailer. The diversified portfolio of Sports, Fitness, Premium Lifestyle and Luxury Store Fascias. Its brands are Sports Direct, House of Fraser, Flannels, Amara Living, Evans Cycles, Game, Jack Wills, and Others. The company has five segments five operating segments: UK Sports, Premium Lifestyle, International, Property and Financial Services. It operates stores in the United Kingdom, Europe, Asia, Oceania and USA. It generates the majority of the revenue from UK Sports includes the results of the Group's core sports retail store operations in the UK, plus all the Group's sports retail online business, other UK-based sports retail and wholesale operations, GAME UK stores and online operations, retail store operations.
83GF Score

Get the complete analysis for STU:ZVX

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

€9.00
Price
€9.02
GF Value