Toplivo AD (XBUL:TOPL) Operating Margin %: -3.19% (As of Jun. 2025)

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XBUL:TOPL Toplivo AD XBUL:TOPL
47 GF Score
Price €3.90
GF Value €4.44
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Toplivo AD Operating Margin %?

Toplivo AD XBUL:TOPL 47 Operating Margin % is -3.19% as of Jun. 2025. GuruFocus rates XBUL:TOPL with a GF Score™ of 47/100 and a GF Value™ of €4.44 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 918 Oil & Gas companies, Toplivo AD ranks worse than 77.23% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Toplivo AD's Operating Income for the six months ended in Jun. 2025 was €-1.54 Mil. Toplivo AD's Revenue for the six months ended in Jun. 2025 was €48.12 Mil. Therefore, Toplivo AD's Operating Margin % for the quarter that ended in Jun. 2025 was -3.19%.

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

XBUL:TOPL' s Operating Margin % Range Over the Past 10 Years
Min: -3.02   Med: -2.26   Max: 1.86
Current: -2.24


XBUL:TOPL's Operating Margin % is ranked worse than
77.23% of 918 companies
in the Oil & Gas industry
Industry Median: 6.86 vs XBUL:TOPL: -2.24

Toplivo AD's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Toplivo AD's Operating Income for the six months ended in Jun. 2025 was €-1.54 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2025 was €-2.23 Mil.


Toplivo AD  (XBUL:TOPL) 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.


Toplivo AD Operating Margin % Related Terms


Toplivo AD Operating Margin % Historical Data

* Premium members only.

The historical data trend for Toplivo AD'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.

Toplivo AD Operating Margin % Chart

Toplivo AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.27 0.83 1.86 -3.02 -2.16

Toplivo AD Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 -5.00 -1.06 -3.01 -1.35 -3.19

XBUL:TOPL vs VLO, MPC, PSX: Operating Margin % Comparison

For the Oil & Gas Refining & Marketing subindustry, Toplivo AD'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.


Toplivo AD Operating Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Toplivo AD's Operating Margin % distribution charts can be found below:

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


XBUL:TOPL
47GF Score
Toplivo AD XBUL:TOPL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Toplivo AD 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.

Toplivo AD's Operating Margin % for the fiscal year that ended in Dec. 2024 is calculated as

Operating Margin %=Operating Income (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=-2.17 / 100.331
=-2.16 %

Toplivo AD's Operating Margin % for the quarter that ended in Jun. 2025 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2025 ) / Revenue (Q: Jun. 2025 )
=-1.537 / 48.123
=-3.19 %

* 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 -3.19% mean?
Toplivo AD (XBUL:TOPL) has a Operating Margin % of -3.19% as of Jun. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Toplivo AD and its competitors. According to the industry distribution chart, Toplivo AD ranks #709 out of 918 companies in the Oil & Gas industry, placing it in the top 77.2%.
Is Toplivo AD's Operating Margin % too high?
Toplivo AD's current Operating Margin % is -3.19%. Based on the distribution chart, Toplivo AD ranks #709 out of 918 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Toplivo AD has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toplivo AD's Operating Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Toplivo AD ranks #709 out of 918 companies for Operating Margin %. This places Toplivo AD in the lower half of its industry. The industry median Operating Margin % is 6.86. 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 Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.86, based on 918 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. 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 Toplivo AD and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toplivo AD's current Operating Margin % is -3.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplivo AD stock overvalued right now?
Based on GuruFocus' analysis, Toplivo AD (XBUL:TOPL) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.44, compared to a current price of €3.90 — trading 12.2% below its estimated fair value. The current Operating Margin % is -3.19%. Toplivo AD's overall GF Score™ is 47/100 with 1 warning sign 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 Toplivo AD (XBUL:TOPL), the current Operating Margin % is -3.19% as of Jun. 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 Toplivo AD (XBUL:TOPL) Overvalued in 2026?

Based on GuruFocus' analysis, Toplivo AD stock appears to be undervalued. The current stock price of €3.90 is trading 12.2% below its estimated GF Value™ of €4.44. GuruFocus considers Toplivo AD to be Modestly Undervalued.

Key valuation signals for XBUL:TOPL:

  • Operating Margin %: -3.19%
  • GF Value™: €4.44 vs. price of €3.90 (12.2% below fair value)
  • GF Score™: 47/100 with 1 warning sign

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


Toplivo AD Business Description

Industry EnergyOil & Gas
Address Pavlina Unufrieva Street, Sofia, BGR, 15102
Toplivo AD is engaged in the provision of petroleum products like propane-butane, liquid petrol and liquid petroleum gas. It also offers construction and heating materials like firewood, wooden materials, decorating tiles, briquettes, wood, and metals.
47GF Score

Get the complete analysis for XBUL:TOPL

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

€3.90
Price
€4.44
GF Value