Tel Aviv Stock ExchangeTVAVF 74 Operating Margin % is 54.16% as of Mar. 2026, which is 229% above its 10-year median of 16.47. GuruFocus rates TVAVF with a GF Score™ of 74/100 and a GF Value™ of $19.59 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 664 Capital Markets companies, Tel Aviv Stock Exchange ranks better than 80.57% on this metric.
Tel Aviv Stock Exchange (OTCPK:TVAVF) 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.
Tel Aviv Stock Exchange Operating Margin % Related Terms
Tel Aviv Stock Exchange Operating Margin % Historical Data
* Premium members only.
The historical data trend for Tel Aviv Stock Exchange'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.
TVAVF vs SPGI, CME, ICE: Operating Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, Tel Aviv Stock Exchange'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.
Tel Aviv Stock Exchange Operating Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Tel Aviv Stock Exchange's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Tel Aviv Stock Exchange's Operating Margin % falls into.
Tel Aviv Stock Exchange 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.
Tel Aviv Stock Exchange'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.
Tel Aviv Stock Exchange (TVAVF) has a Operating Margin % of 54.16% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Tel Aviv Stock Exchange and its competitors. This is 229% above median its historical median of 16.47. According to the industry distribution chart, Tel Aviv Stock Exchange ranks #129 out of 664 companies in the Capital Markets industry, placing it in the top 19.4%.
Is Tel Aviv Stock Exchange's Operating Margin % too high?
Tel Aviv Stock Exchange's current Operating Margin % of 54.16% is 229% above median its 10-year median of 16.47. The Capital Markets industry median Operating Margin % is 6.96. Tel Aviv Stock Exchange's value of 54.16% is 678.7% above this industry median. Based on the distribution chart, Tel Aviv Stock Exchange ranks #129 out of 664 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Tel Aviv Stock Exchange has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tel Aviv Stock Exchange's Operating Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Tel Aviv Stock Exchange ranks #129 out of 664 companies for Operating Margin %. This places Tel Aviv Stock Exchange in the top 19% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.96. Tel Aviv Stock Exchange's value of 54.16% is 678.7% above this benchmark. While the company's 10-year median is 16.47 vs. the industry median of 6.96, Tel Aviv Stock Exchange 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 Capital Markets company?
The median Operating Margin % among Capital Markets companies is 6.96, based on 664 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. Tel Aviv Stock Exchange's current Operating Margin % of 54.16% is 678.7% 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 Tel Aviv Stock Exchange and its competitors. For the Capital Markets industry, the median Operating Margin % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tel Aviv Stock Exchange's current Operating Margin % is 54.16%, which is 229% above median its own 10-year median of 16.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tel Aviv Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Tel Aviv Stock Exchange (TVAVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.59, compared to a current price of $44.21 — trading 125.7% above its estimated fair value. The current Operating Margin % is 54.16%, which is 229% above median its 10-year median of 16.47 and 678.7% above the Capital Markets industry median of 6.96. Tel Aviv Stock Exchange's 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 Tel Aviv Stock Exchange (TVAVF), the current Operating Margin % is 54.16% 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 Tel Aviv Stock Exchange (TVAVF) Overvalued in 2026?
Based on GuruFocus' analysis, Tel Aviv Stock Exchange stock appears to be overvalued.
The current stock price of $44.21 is trading 125.7% above its estimated GF Value™ of $19.59.
GuruFocus considers Tel Aviv Stock Exchange to be Significantly Overvalued.
Key valuation signals for TVAVF:
Operating Margin %: 54.16% (229% above median its 10-year median of 16.47)
GF Value™: $19.59 vs. price of $44.21 (125.7% above fair value)
Industry Position: 678.7% above the Capital Markets median (#129 of 664)
No single metric tells the full story. See the TVAVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tel Aviv Stock Exchange Ltd is engaged in managing a securities stock exchange and in related activities. The company deals in securities, indices, derivative market, securities listing, research, statistics, and others.
74GF Score
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