Altri SGPS (XLIS:ALTR) Operating Margin %: -9.53% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XLIS:ALTR Altri SGPS SA XLIS:ALTR
70 GF Score
Price €4.66
GF Value €4.43
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Altri SGPS Operating Margin %?

Altri SGPS XLIS:ALTR -0.64% 70 Operating Margin % is -9.53% as of Mar. 2026. GuruFocus rates XLIS:ALTR with a GF Score™ of 70/100 and a GF Value™ of €4.43 (Fairly Valued). The stock has 7 warning signs investors should review. Among 283 Forest Products companies, Altri SGPS ranks worse than 51.59% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Altri SGPS's Operating Income for the three months ended in Mar. 2026 was €-14.6 Mil. Altri SGPS's Revenue for the three months ended in Mar. 2026 was €153.3 Mil. Therefore, Altri SGPS's Operating Margin % for the quarter that ended in Mar. 2026 was -9.53%.

Warning Sign:

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

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

XLIS:ALTR' s Operating Margin % Range Over the Past 10 Years
Min: 2.44   Med: 19.7   Max: 31.01
Current: 2.44


XLIS:ALTR's Operating Margin % is ranked worse than
51.59% of 283 companies
in the Forest Products industry
Industry Median: 2.59 vs XLIS:ALTR: 2.44

Altri SGPS's 5-Year Average Operating Margin % Growth Rate was -5.00% per year.

Altri SGPS's Operating Income for the three months ended in Mar. 2026 was €-14.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €15.6 Mil.


Altri SGPS  (XLIS:ALTR) 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.


Altri SGPS Operating Margin % Related Terms


Altri SGPS Operating Margin % Historical Data

* Premium members only.

The historical data trend for Altri SGPS'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.

Altri SGPS Operating Margin % Chart

Altri SGPS 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 20.19 23.82 7.32 19.21 5.15

Altri SGPS 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 2.19 9.35 1.24 8.03 -9.53

XLIS:ALTR vs SLVM: Operating Margin % Comparison

For the Paper & Paper Products subindustry, Altri SGPS'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.


Altri SGPS Operating Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Altri SGPS's Operating Margin % distribution charts can be found below:

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


XLIS:ALTR
70GF Score
Altri SGPS SA XLIS:ALTR
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altri SGPS 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.

Altri SGPS'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 )
=34.85 / 676.292
=5.15 %

Altri SGPS'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 )
=-14.613 / 153.296
=-9.53 %

* 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 -9.53% mean?
Altri SGPS (XLIS:ALTR) has a Operating Margin % of -9.53% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Altri SGPS and its competitors. Over the past decade, Altri SGPS's Operating Margin % has ranged from 2.44 to 31.01. According to the industry distribution chart, Altri SGPS ranks #146 out of 283 companies in the Forest Products industry, placing it in the top 51.6%.
Is Altri SGPS's Operating Margin % too high?
Altri SGPS's current Operating Margin % is -9.53%. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 31.01. Based on the distribution chart, Altri SGPS ranks #146 out of 283 companies in the Forest Products industry, which is below the industry midpoint. Overall, Altri SGPS has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altri SGPS's Operating Margin % compare to SLVM?
According to the Forest Products industry distribution chart, Altri SGPS ranks #146 out of 283 companies for Operating Margin %. This places Altri SGPS in the lower half of its industry. The industry median Operating Margin % is 2.59. Historically, Altri SGPS's own Operating Margin % has ranged from 2.44 to 31.01 over the past decade. 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 Forest Products company?
The median Operating Margin % among Forest Products companies is 2.59, based on 283 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 Altri SGPS and its competitors. For the Forest Products industry, the median Operating Margin % is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altri SGPS's current Operating Margin % is -9.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altri SGPS stock overvalued right now?
Based on GuruFocus' analysis, Altri SGPS (XLIS:ALTR) is currently considered Fairly Valued. The stock's GF Value™ is €4.43, compared to a current price of €4.66 — trading 5.2% above its estimated fair value. The current Operating Margin % is -9.53%. Altri SGPS's overall GF Score™ is 70/100 with 7 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 Altri SGPS (XLIS:ALTR), the current Operating Margin % is -9.53% 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 Altri SGPS (XLIS:ALTR) Overvalued in 2026?

Based on GuruFocus' analysis, Altri SGPS stock appears to be overvalued. The current stock price of €4.66 is trading 5.2% above its estimated GF Value™ of €4.43. GuruFocus considers Altri SGPS to be Fairly Valued.

Key valuation signals for XLIS:ALTR:

  • Operating Margin %: -9.53%
  • GF Value™: €4.43 vs. price of €4.66 (5.2% above fair value)
  • GF Score™: 70/100 with 7 warning signs

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


Altri SGPS Business Description

Other Exchanges 0DJV:UKACJ:Germany
Address Rua Manuel Pinto de Azevedo, 818, Porto, PRT, 4100-320
Altri SGPS SA manages forests and produces and sells pulp. The company owns and manages eucalyptus forests throughout Portugal and harvests timber. It focuses on the production of cellulosic fibers through three production units. The group comprises twenty-one companies, including three industrial plants dedicated to the production of cellulose fibres: Biotek, Caima, and Celbi. The company generates maximum revenue from the sale of Cellulosic Fiber. Geographically, the company operates in the Domestic market and the foreign market. The majority of its revenue is generated from the Foreign market.
70GF Score

Get the complete analysis for XLIS:ALTR

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

€4.66
Price
€4.43
GF Value