Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
M4B Spolka AkcyjnaWAR:M4B 82 Operating Margin % is 21.83% as of Dec. 2025, which is 164% above its 10-year median of 8.27. GuruFocus rates WAR:M4B with a GF Score™ of 82/100 and a GF Value™ of zł14.82 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,035 Industrial Products companies, M4B Spolka Akcyjna ranks better than 50.97% on this metric.
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.
M4B Spolka Akcyjna Operating Margin % Related Terms
M4B Spolka Akcyjna Operating Margin % Historical Data
* Premium members only.
The historical data trend for M4B Spolka Akcyjna'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.
For the Business Equipment & Supplies subindustry, M4B Spolka Akcyjna'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.
M4B Spolka Akcyjna Operating Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, M4B Spolka Akcyjna's Operating Margin % distribution charts can be found below:
* The bar in red indicates where M4B Spolka Akcyjna'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.
M4B Spolka Akcyjna'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.
M4B Spolka Akcyjna (WAR:M4B) has a Operating Margin % of 21.83% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on M4B Spolka Akcyjna and its competitors. This is 164% above median its historical median of 8.27. According to the industry distribution chart, M4B Spolka Akcyjna ranks #1488 out of 3035 companies in the Industrial Products industry, placing it in the top 49%.
Is M4B Spolka Akcyjna's Operating Margin % too high?
M4B Spolka Akcyjna's current Operating Margin % of 21.83% is 164% above median its 10-year median of 8.27. The Industrial Products industry median Operating Margin % is 6.49. M4B Spolka Akcyjna's value of 21.83% is 236.4% above this industry median. Based on the distribution chart, M4B Spolka Akcyjna ranks #1488 out of 3035 companies in the Industrial Products industry, which is above the industry midpoint. Overall, M4B Spolka Akcyjna has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does M4B Spolka Akcyjna's Operating Margin % compare to competitors?
According to the Industrial Products industry distribution chart, M4B Spolka Akcyjna ranks #1488 out of 3035 companies for Operating Margin %. This puts M4B Spolka Akcyjna in the upper half of its industry. The industry median Operating Margin % is 6.49. M4B Spolka Akcyjna's value of 21.83% is 236.4% above this benchmark. While the company's 10-year median is 8.27 vs. the industry median of 6.49, M4B Spolka Akcyjna 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 Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.49, based on 3,035 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. M4B Spolka Akcyjna's current Operating Margin % of 21.83% is 236.4% 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 M4B Spolka Akcyjna and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M4B Spolka Akcyjna's current Operating Margin % is 21.83%, which is 164% above median its own 10-year median of 8.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M4B Spolka Akcyjna stock overvalued right now?
Based on GuruFocus' analysis, M4B Spolka Akcyjna (WAR:M4B) is currently considered Modestly Undervalued. The stock's GF Value™ is zł14.82, compared to a current price of zł11.90 — trading 19.7% below its estimated fair value. The current Operating Margin % is 21.83%, which is 164% above median its 10-year median of 8.27 and 236.4% above the Industrial Products industry median of 6.49. M4B Spolka Akcyjna's overall GF Score™ is 82/100 with 2 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 M4B Spolka Akcyjna (WAR:M4B), the current Operating Margin % is 21.83% as of Dec. 2025. 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 M4B Spolka Akcyjna (WAR:M4B) Overvalued in 2026?
Based on GuruFocus' analysis, M4B Spolka Akcyjna stock appears to be undervalued.
The current stock price of zł11.90 is trading 19.7% below its estimated GF Value™ of zł14.82.
GuruFocus considers M4B Spolka Akcyjna to be Modestly Undervalued.
Key valuation signals for WAR:M4B:
Operating Margin %: 21.83% (164% above median its 10-year median of 8.27)
GF Value™: zł14.82 vs. price of zł11.90 (19.7% below fair value)
Industry Position: 236.4% above the Industrial Products median (#1488 of 3035)
No single metric tells the full story. See the WAR:M4B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M4B Spolka Akcyjna is involved in designing and creating digital signage solutions in the data communications industry in Poland. Its principal product, WAVE Multimedia Everywhere, is a software product to manage wide screen networks online.
82GF Score
Get the complete analysis for WAR:M4B
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:M4B has been successfully added to your 
