FairPlay Properties REITXBUL:FPP 72 Operating Margin % is 66.14% as of Mar. 2026, which is 1% below its 10-year median of 66.90. GuruFocus rates XBUL:FPP with a GF Score™ of 72/100 and a GF Value™ of €4.41 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 750 REITs companies, FairPlay Properties REIT ranks better than 93.73% 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.
FairPlay Properties REIT Operating Margin % Related Terms
FairPlay Properties REIT Operating Margin % Historical Data
* 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.
XBUL:FPP vs VICI, WPC: Operating Margin % Comparison
For the REIT - Diversified subindustry, FairPlay Properties REIT'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.
FairPlay Properties REIT Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, FairPlay Properties REIT's Operating Margin % distribution charts can be found below:
* The bar in red indicates where FairPlay Properties REIT'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.
FairPlay Properties REIT'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.
FairPlay Properties REIT (XBUL:FPP) has a Operating Margin % of 66.14% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on FairPlay Properties REIT and its competitors. This is near median its historical median of 66.90. Over the past decade, FairPlay Properties REIT's Operating Margin % has ranged from 47.29 to 88.57. According to the industry distribution chart, FairPlay Properties REIT ranks #47 out of 750 companies in the REITs industry, placing it in the top 6.3%.
Is FairPlay Properties REIT's Operating Margin % too high?
FairPlay Properties REIT's current Operating Margin % of 66.14% is near median its 10-year median of 66.90. Over the past 10 years, this metric has ranged from a low of 47.29 to a high of 88.57. The REITs industry median Operating Margin % is 52.67. FairPlay Properties REIT's value of 66.14% is 25.6% above this industry median. Based on the distribution chart, FairPlay Properties REIT ranks #47 out of 750 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, FairPlay Properties REIT has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FairPlay Properties REIT's Operating Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, FairPlay Properties REIT ranks #47 out of 750 companies for Operating Margin %. This places FairPlay Properties REIT in the top 6% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 52.67. FairPlay Properties REIT's value of 66.14% is 25.6% above this benchmark. Historically, FairPlay Properties REIT's own Operating Margin % has ranged from 47.29 to 88.57 over the past decade. While the company's 10-year median is 66.90 vs. the industry median of 52.67, FairPlay Properties REIT 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. FairPlay Properties REIT's current Operating Margin % of 66.14% is 25.6% 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 FairPlay Properties REIT 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. FairPlay Properties REIT's current Operating Margin % is 66.14%, which is near median its own 10-year median of 66.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FairPlay Properties REIT stock overvalued right now?
Based on GuruFocus' analysis, FairPlay Properties REIT (XBUL:FPP) is currently considered Possible Value Trap. The stock's GF Value™ is €4.41, compared to a current price of €0.52 — trading 88.2% below its estimated fair value. The current Operating Margin % is 66.14%, which is near median its 10-year median of 66.90 and 25.6% above the REITs industry median of 52.67. FairPlay Properties REIT's overall GF Score™ is 72/100 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 FairPlay Properties REIT (XBUL:FPP), the current Operating Margin % is 66.14% 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 FairPlay Properties REIT (XBUL:FPP) Overvalued in 2026?
Based on GuruFocus' analysis, FairPlay Properties REIT stock appears to be undervalued.
The current stock price of €0.52 is trading 88.2% below its estimated GF Value™ of €4.41.
GuruFocus considers FairPlay Properties REIT to be Possible Value Trap.
Key valuation signals for XBUL:FPP:
Operating Margin %: 66.14% (near median its 10-year median of 66.90)
GF Value™: €4.41 vs. price of €0.52 (88.2% below fair value)
Industry Position: 25.6% above the REITs median (#47 of 750)
No single metric tells the full story. See the XBUL:FPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FairPlay Properties REIT is a real estate investment trust. The company's portfolio consists of apartment complexes, hotels, commercial buildings, residential buildings, and offices among others. Some of its projects are Fodder Kitchen, Fodder Plant, Moderato Restaurant, Greenville Hotel and Apartment Houses, and others.
72GF Score
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