Tomra Systems ASATMRAY +2.52%86 Operating Margin % is 1.50% as of Mar. 2026, which is 88% below its 10-year median of 12.44. GuruFocus rates TMRAY with a GF Score™ of 86/100 and a GF Value™ of $16.08 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 241 Waste Management companies, Tomra Systems ASA ranks better than 59.75% on this metric.
Tomra Systems ASA (OTCPK:TMRAY) 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.
Tomra Systems ASA Operating Margin % Related Terms
Tomra Systems ASA Operating Margin % Historical Data
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The historical data trend for Tomra Systems ASA'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.
TMRAY vs WM, RSG, WCN: Operating Margin % Comparison
For the Waste Management subindustry, Tomra Systems ASA'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.
Tomra Systems ASA Operating Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tomra Systems ASA's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Tomra Systems ASA'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.
Tomra Systems ASA'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.
Tomra Systems ASA (TMRAY) has a Operating Margin % of 1.50% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Tomra Systems ASA and its competitors. This is 88% below median its historical median of 12.44. Over the past decade, Tomra Systems ASA's Operating Margin % has ranged from 7.83 to 14.94. According to the industry distribution chart, Tomra Systems ASA ranks #97 out of 241 companies in the Waste Management industry, placing it in the top 40.2%.
Is Tomra Systems ASA's Operating Margin % too high?
Tomra Systems ASA's current Operating Margin % of 1.50% is 88% below median its 10-year median of 12.44. Over the past 10 years, this metric has ranged from a low of 7.83 to a high of 14.94. The Waste Management industry median Operating Margin % is 6.61. Tomra Systems ASA's value of 1.50% is 77.3% below this industry median. Based on the distribution chart, Tomra Systems ASA ranks #97 out of 241 companies in the Waste Management industry, which is above the industry midpoint. Overall, Tomra Systems ASA has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tomra Systems ASA's Operating Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Tomra Systems ASA ranks #97 out of 241 companies for Operating Margin %. This puts Tomra Systems ASA in the upper half of its industry. The industry median Operating Margin % is 6.61. Tomra Systems ASA's value of 1.50% is 77.3% below this benchmark. Historically, Tomra Systems ASA's own Operating Margin % has ranged from 7.83 to 14.94 over the past decade. While the company's 10-year median is 12.44 vs. the industry median of 6.61, Tomra Systems ASA 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 a Waste Management company?
The median Operating Margin % among Waste Management companies is 6.61, based on 241 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. Tomra Systems ASA's current Operating Margin % of 1.50% is 77.3% 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 Tomra Systems ASA and its competitors. For the Waste Management industry, the median Operating Margin % is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomra Systems ASA's current Operating Margin % is 1.50%, which is 88% below median its own 10-year median of 12.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomra Systems ASA stock overvalued right now?
Based on GuruFocus' analysis, Tomra Systems ASA (TMRAY) is currently considered Significantly Undervalued. The stock's GF Value™ is $16.08, compared to a current price of $9.78 — trading 39.2% below its estimated fair value. The current Operating Margin % is 1.50%, which is 88% below median its 10-year median of 12.44 and 77.3% below the Waste Management industry median of 6.61. Tomra Systems ASA's overall GF Score™ is 86/100 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 Tomra Systems ASA (TMRAY), the current Operating Margin % is 1.50% 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 Tomra Systems ASA (TMRAY) Overvalued in 2026?
Based on GuruFocus' analysis, Tomra Systems ASA stock appears to be undervalued.
The current stock price of $9.78 is trading 39.2% below its estimated GF Value™ of $16.08.
GuruFocus considers Tomra Systems ASA to be Significantly Undervalued.
Key valuation signals for TMRAY:
Operating Margin %: 1.50% (88% below median its 10-year median of 12.44)
GF Value™: $16.08 vs. price of $9.78 (39.2% below fair value)
Industry Position: 77.3% below the Waste Management median (#97 of 241)
No single metric tells the full story. See the TMRAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in packaging, collection, compaction, recycling, ore sorting, and food production. It provides reverse vending machines, sensor-based sorting machines integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, TOMRA Horizon, and TOMRA Food. Geographically, the company generates maximum revenue from Europe region followed by America, Asia, and Oceania.
86GF Score
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