Warehouses De PauwWBO:WDP +2.84%63 Operating Margin % is 77.12% as of Mar. 2026, which is 11% below its 10-year median of 86.44. GuruFocus rates WBO:WDP with a GF Score™ of 63/100 and a GF Value™ of €23.83 (Fairly Valued). The stock has 8 warning signs investors should review. Among 750 REITs companies, Warehouses De Pauw ranks better than 91.87% on this metric.
Warehouses De Pauw SA has recorded a loss in operating income at least once over the past 3 years.
Warehouses De Pauw (WBO:WDP) 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.
Warehouses De Pauw Operating Margin % Related Terms
Warehouses De Pauw Operating Margin % Historical Data
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The historical data trend for Warehouses De Pauw'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.
WBO:WDP vs PLD, PSA, EXR: Operating Margin % Comparison
For the REIT - Industrial subindustry, Warehouses De Pauw'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.
Warehouses De Pauw Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Warehouses De Pauw's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Warehouses De Pauw'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.
Warehouses De Pauw'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.
Warehouses De Pauw (WBO:WDP) has a Operating Margin % of 77.12% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Warehouses De Pauw and its competitors. This is 11% below median its historical median of 86.44. Over the past decade, Warehouses De Pauw's Operating Margin % has ranged from 81.34 to 90.16. According to the industry distribution chart, Warehouses De Pauw ranks #61 out of 750 companies in the REITs industry, placing it in the top 8.1%.
Is Warehouses De Pauw's Operating Margin % too high?
Warehouses De Pauw's current Operating Margin % of 77.12% is 11% below median its 10-year median of 86.44. Over the past 10 years, this metric has ranged from a low of 81.34 to a high of 90.16. The REITs industry median Operating Margin % is 52.67. Warehouses De Pauw's value of 77.12% is 46.4% above this industry median. Based on the distribution chart, Warehouses De Pauw ranks #61 out of 750 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Warehouses De Pauw has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Warehouses De Pauw's Operating Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Warehouses De Pauw ranks #61 out of 750 companies for Operating Margin %. This places Warehouses De Pauw in the top 8% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 52.67. Warehouses De Pauw's value of 77.12% is 46.4% above this benchmark. Historically, Warehouses De Pauw's own Operating Margin % has ranged from 81.34 to 90.16 over the past decade. While the company's 10-year median is 86.44 vs. the industry median of 52.67, Warehouses De Pauw 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 REITs company?
The median Operating Margin % among REITs companies is 52.67, based on 750 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. Warehouses De Pauw's current Operating Margin % of 77.12% is 46.4% 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 Warehouses De Pauw and its competitors. For the REITs industry, the median Operating Margin % is 52.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warehouses De Pauw's current Operating Margin % is 77.12%, which is 11% below median its own 10-year median of 86.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warehouses De Pauw stock overvalued right now?
Based on GuruFocus' analysis, Warehouses De Pauw (WBO:WDP) is currently considered Fairly Valued. The stock's GF Value™ is €23.83, compared to a current price of €22.42 — trading 5.9% below its estimated fair value. The current Operating Margin % is 77.12%, which is 11% below median its 10-year median of 86.44 and 46.4% above the REITs industry median of 52.67. Warehouses De Pauw's overall GF Score™ is 63/100 with 8 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 Warehouses De Pauw (WBO:WDP), the current Operating Margin % is 77.12% 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 Warehouses De Pauw (WBO:WDP) Overvalued in 2026?
Based on GuruFocus' analysis, Warehouses De Pauw stock appears to be undervalued.
The current stock price of €22.42 is trading 5.9% below its estimated GF Value™ of €23.83.
GuruFocus considers Warehouses De Pauw to be Fairly Valued.
Key valuation signals for WBO:WDP:
Operating Margin %: 77.12% (11% below median its 10-year median of 86.44)
GF Value™: €23.83 vs. price of €22.42 (5.9% below fair value)
Industry Position: 46.4% above the REITs median (#61 of 750)
No single metric tells the full story. See the WBO:WDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Warehouses De Pauw SA is a real estate investment trust engaged in the acquisition and development of storage, distribution, and semi-industrial and logistics facilities throughout Europe. The vast majority of the company's real estate portfolio in terms of square footage and total rental value is made up of general warehouse space, while offices represent a smaller amount. Warehouses De Pauw derives the majority of its revenue in the form of rental income. The company's tenants in terms of revenue include solar panels, third-party logistics firms, and food industry companies. Its geographical operating segments are the Netherlands, which derives maximum revenue, Belgium, France, Germany, Romania, and Luxembourg.
63GF Score
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