Games OperatorsWAR:GOP -2.52%97 Operating Margin % is 53.97% as of Mar. 2026, which is 46% above its 10-year median of 37.02. GuruFocus rates WAR:GOP with a GF Score™ of 97/100 and a GF Value™ of zł14.51 (Fairly Valued). The stock has 7 warning signs investors should review. Among 553 Interactive Media companies, Games Operators ranks better than 91.86% on this metric.
Games Operators (WAR:GOP) 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.
Games Operators Operating Margin % Related Terms
Games Operators Operating Margin % Historical Data
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The historical data trend for Games Operators'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:GOP vs NTES, EA, TTWO: Operating Margin % Comparison
For the Electronic Gaming & Multimedia subindustry, Games Operators'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.
Games Operators Operating Margin % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Games Operators's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Games Operators'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.
Games Operators'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.
Games Operators (WAR:GOP) has a Operating Margin % of 53.97% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Games Operators and its competitors. This is 46% above median its historical median of 37.02. Over the past decade, Games Operators' Operating Margin % has ranged from 6.86 to 95.79. According to the industry distribution chart, Games Operators ranks #45 out of 553 companies in the Interactive Media industry, placing it in the top 8.1%.
Is Games Operators' Operating Margin % too high?
Games Operators' current Operating Margin % of 53.97% is 46% above median its 10-year median of 37.02. Over the past 10 years, this metric has ranged from a low of 6.86 to a high of 95.79. The Interactive Media industry median Operating Margin % is 2.99. Games Operators' value of 53.97% is 1705% above this industry median. Based on the distribution chart, Games Operators ranks #45 out of 553 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Games Operators has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Games Operators' Operating Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Games Operators ranks #45 out of 553 companies for Operating Margin %. This places Games Operators in the top 8% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 2.99. Games Operators' value of 53.97% is 1705% above this benchmark. Historically, Games Operators' own Operating Margin % has ranged from 6.86 to 95.79 over the past decade. While the company's 10-year median is 37.02 vs. the industry median of 2.99, Games Operators 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 an Interactive Media company?
The median Operating Margin % among Interactive Media companies is 2.99, based on 553 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. Games Operators's current Operating Margin % of 53.97% is 1705% 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 Games Operators and its competitors. For the Interactive Media industry, the median Operating Margin % is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Games Operators's current Operating Margin % is 53.97%, which is 46% above median its own 10-year median of 37.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Games Operators stock overvalued right now?
Based on GuruFocus' analysis, Games Operators (WAR:GOP) is currently considered Fairly Valued. The stock's GF Value™ is zł14.51, compared to a current price of zł13.55 — trading 6.6% below its estimated fair value. The current Operating Margin % is 53.97%, which is 46% above median its 10-year median of 37.02 and 1705% above the Interactive Media industry median of 2.99. Games Operators' overall GF Score™ is 97/100 with 7 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 Games Operators (WAR:GOP), the current Operating Margin % is 53.97% 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 Games Operators (WAR:GOP) Overvalued in 2026?
Based on GuruFocus' analysis, Games Operators stock appears to be undervalued.
The current stock price of zł13.55 is trading 6.6% below its estimated GF Value™ of zł14.51.
GuruFocus considers Games Operators to be Fairly Valued.
Key valuation signals for WAR:GOP:
Operating Margin %: 53.97% (46% above median its 10-year median of 37.02)
GF Value™: zł14.51 vs. price of zł13.55 (6.6% below fair value)
Industry Position: 1705% above the Interactive Media median (#45 of 553)
No single metric tells the full story. See the WAR:GOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Games Operators SA is a publishing company that produces, distributes and sells pay-to-play games in United States, EU (especially England, France, Germany) and China markets. The company sells its games through online sales platforms such as Steam, Google Play, App Store, Nintendo eShop.
97GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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