Neuca (WAR:NEU) Operating Margin %: 2.84% (As of Mar. 2026) — 24% Above Median


WAR:NEU Neuca SA WAR:NEU
96 GF Score
Price zł709.00
GF Value zł888.55
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Neuca Operating Margin %?

Neuca WAR:NEU -1.39% 96 Operating Margin % is 2.84% as of Mar. 2026, which is 24% above its 10-year median of 2.29. GuruFocus rates WAR:NEU with a GF Score™ of 96/100 and a GF Value™ of zł888.55 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 119 Medical Distribution companies, Neuca ranks worse than 61.34% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Neuca's Operating Income for the three months ended in Mar. 2026 was zł101 Mil. Neuca's Revenue for the three months ended in Mar. 2026 was zł3,557 Mil. Therefore, Neuca's Operating Margin % for the quarter that ended in Mar. 2026 was 2.84%.

Warning Sign:

Neuca SA operating margin has been in a 5-year decline. The average rate of decline per year is -3.9%.

The historical rank and industry rank for Neuca's Operating Margin % or its related term are showing as below:

WAR:NEU' s Operating Margin % Range Over the Past 10 Years
Min: 1.93   Med: 2.29   Max: 2.75
Current: 2.29


WAR:NEU's Operating Margin % is ranked worse than
61.34% of 119 companies
in the Medical Distribution industry
Industry Median: 3.07 vs WAR:NEU: 2.29

Neuca's 5-Year Average Operating Margin % Growth Rate was -3.90% per year.

Neuca's Operating Income for the three months ended in Mar. 2026 was zł101 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was zł316 Mil.


Neuca  (WAR:NEU) 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 Nokia’s 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.


Neuca Operating Margin % Related Terms


Neuca Operating Margin % Historical Data

* Premium members only.

The historical data trend for Neuca'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.

Neuca Operating Margin % Chart

Neuca Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 2.28 2.29 2.41 2.17

Neuca Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.40 1.45 2.26 2.54 2.84

WAR:NEU vs MCK, COR, CAH: Operating Margin % Comparison

For the Medical Distribution subindustry, Neuca'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.


Neuca Operating Margin % vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Neuca's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Neuca's Operating Margin % falls into.


WAR:NEU
96GF Score
Neuca SA WAR:NEU
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Neuca 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.

Neuca's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=296.306 / 13643.615
=2.17 %

Neuca's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=100.855 / 3556.906
=2.84 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 2.84% mean?
Neuca (WAR:NEU) has a Operating Margin % of 2.84% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Neuca and its competitors. This is 24% above median its historical median of 2.29. Over the past decade, Neuca's Operating Margin % has ranged from 1.93 to 2.75. According to the industry distribution chart, Neuca ranks #73 out of 119 companies in the Medical Distribution industry, placing it in the top 61.3%.
Is Neuca's Operating Margin % too high?
Neuca's current Operating Margin % of 2.84% is 24% above median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 2.75. The Medical Distribution industry median Operating Margin % is 3.07. Neuca's value of 2.84% is 7.5% below this industry median. Based on the distribution chart, Neuca ranks #73 out of 119 companies in the Medical Distribution industry, which is below the industry midpoint. Overall, Neuca has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neuca's Operating Margin % compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Neuca ranks #73 out of 119 companies for Operating Margin %. This places Neuca in the lower half of its industry. The industry median Operating Margin % is 3.07. Neuca's value of 2.84% is 7.5% below this benchmark. Historically, Neuca's own Operating Margin % has ranged from 1.93 to 2.75 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 3.07, Neuca 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 Medical Distribution company?
The median Operating Margin % among Medical Distribution companies is 3.07, based on 119 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. Neuca's current Operating Margin % of 2.84% is 7.5% 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 Neuca and its competitors. For the Medical Distribution industry, the median Operating Margin % is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neuca's current Operating Margin % is 2.84%, which is 24% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neuca stock overvalued right now?
Based on GuruFocus' analysis, Neuca (WAR:NEU) is currently considered Modestly Undervalued. The stock's GF Value™ is zł888.55, compared to a current price of zł709.00 — trading 20.2% below its estimated fair value. The current Operating Margin % is 2.84%, which is 24% above median its 10-year median of 2.29 and 7.5% below the Medical Distribution industry median of 3.07. Neuca's overall GF Score™ is 96/100 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 Neuca (WAR:NEU), the current Operating Margin % is 2.84% 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 Neuca (WAR:NEU) Overvalued in 2026?

Based on GuruFocus' analysis, Neuca stock appears to be undervalued. The current stock price of zł709.00 is trading 20.2% below its estimated GF Value™ of zł888.55. GuruFocus considers Neuca to be Modestly Undervalued.

Key valuation signals for WAR:NEU:

  • Operating Margin %: 2.84% (24% above median its 10-year median of 2.29)
  • GF Value™: zł888.55 vs. price of zł709.00 (20.2% below fair value)
  • GF Score™: 96/100 with 4 warning signs
  • Industry Position: 7.5% below the Medical Distribution median (#73 of 119)

No single metric tells the full story. See the WAR:NEU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neuca Business Description

Address ul. Forteczna 35‑37, Torun, POL, 87-100
Neuca SA is a wholesale distributor of pharmaceuticals in Poland. The company's segment includes Pharmacy wholesale; Manufacture of pharmaceuticals; Outpatient medical care clinics; Clinical trials and Insurance activities. It generates maximum revenue from the Pharmacy wholesale segment.
96GF Score

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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł709.00
Price
zł888.55
GF Value