ExcellenceWAR:EXC +0.95%46 Operating Margin % is 16.59% as of Mar. 2026, which is 300% above its 10-year median of 4.15. GuruFocus rates WAR:EXC with a GF Score™ of 46/100 and a GF Value™ of zł0.25 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,951 Consumer Packaged Goods companies, Excellence ranks better than 88.77% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Excellence's Operating Income for the
three
months ended in Mar. 2026 was zł3.36 Mil. Excellence's Revenue for the
three
months ended in Mar. 2026 was zł20.27 Mil. Therefore, Excellence's Operating Margin % for the quarter that ended in Mar. 2026 was 16.59%.
Good Sign:
Excellence SA operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Excellence's Operating Margin % or its related term are showing as below:
WAR:EXC'
s Operating Margin % Range Over the Past 10 Years
Min: -0.77 Med: 4.15 Max: 17.04
Current: 17.04
WAR:EXC's Operating Margin % is ranked better than 88.77% of 1951
companies
in the Consumer Packaged Goods industry
Industry Median: 5.26
vs WAR:EXC: 17.04
Excellence's 5-Year Average Operating Margin % Growth Rate was 40.70% per year.
Excellence's Operating Income for the
three
months ended in Mar. 2026 was zł3.36 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was zł14.97 Mil.
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.
Excellence Operating Margin % Related Terms
Excellence Operating Margin % Historical Data
* Premium members only.
The historical data trend for Excellence'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.
WAR:EXC vs MDLZ, HSY, TR: Operating Margin % Comparison
For the Confectioners subindustry, Excellence'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.
Excellence Operating Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Excellence's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Excellence'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.
Excellence'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.
Excellence (WAR:EXC) has a Operating Margin % of 16.59% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Excellence and its competitors. This is 300% above median its historical median of 4.15. According to the industry distribution chart, Excellence ranks #219 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 11.2%.
Is Excellence's Operating Margin % too high?
Excellence's current Operating Margin % of 16.59% is 300% above median its 10-year median of 4.15. The Consumer Packaged Goods industry median Operating Margin % is 5.26. Excellence's value of 16.59% is 215.4% above this industry median. Based on the distribution chart, Excellence ranks #219 out of 1951 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Excellence has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Excellence's Operating Margin % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Excellence ranks #219 out of 1951 companies for Operating Margin %. This places Excellence in the top 11% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.26. Excellence's value of 16.59% is 215.4% above this benchmark. While the company's 10-year median is 4.15 vs. the industry median of 5.26, Excellence 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 Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.26, based on 1,951 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. Excellence's current Operating Margin % of 16.59% is 215.4% 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 Excellence and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excellence's current Operating Margin % is 16.59%, which is 300% above median its own 10-year median of 4.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excellence stock overvalued right now?
Based on GuruFocus' analysis, Excellence (WAR:EXC) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.25, compared to a current price of zł0.42 — trading 69.6% above its estimated fair value. The current Operating Margin % is 16.59%, which is 300% above median its 10-year median of 4.15 and 215.4% above the Consumer Packaged Goods industry median of 5.26. Excellence's overall GF Score™ is 46/100 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 Excellence (WAR:EXC), the current Operating Margin % is 16.59% 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 Excellence (WAR:EXC) Overvalued in 2026?
Based on GuruFocus' analysis, Excellence stock appears to be overvalued.
The current stock price of zł0.42 is trading 69.6% above its estimated GF Value™ of zł0.25.
GuruFocus considers Excellence to be Significantly Overvalued.
Key valuation signals for WAR:EXC:
Operating Margin %: 16.59% (300% above median its 10-year median of 4.15)
GF Value™: zł0.25 vs. price of zł0.42 (69.6% above fair value)
Industry Position: 215.4% above the Consumer Packaged Goods median (#219 of 1951)
No single metric tells the full story. See the WAR:EXC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Excellence SA manufactures syrups, dietary supplements, beverage concentrates, and beverages under the customer's brand, as well as under its own B2B brands. A key element of business is bottling services for beverage brands and retail chains. Geographically, the activities are carried out in Poland.
46GF Score
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