Farminveste SGPS (XLIS:MLFMV) Operating Margin %: 1.85% (As of Dec. 2025) — Near Median

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:MLFMV Farminveste SGPS SA XLIS:MLFMV
65 GF Score
Price €5.00
GF Value €1.64
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Farminveste SGPS Operating Margin %?

Farminveste SGPS XLIS:MLFMV 65 Operating Margin % is 1.85% as of Dec. 2025, which is 1% below its 10-year median of 1.86. GuruFocus rates XLIS:MLFMV with a GF Score™ of 65/100 and a GF Value™ of €1.64 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 117 Medical Distribution companies, Farminveste SGPS ranks worse than 60.68% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Farminveste SGPS's Operating Income for the six months ended in Dec. 2025 was €8.5 Mil. Farminveste SGPS's Revenue for the six months ended in Dec. 2025 was €461.0 Mil. Therefore, Farminveste SGPS's Operating Margin % for the quarter that ended in Dec. 2025 was 1.85%.

Good Sign:

Farminveste SGPS SA operating margin is expanding. Margin expansion is usually a good sign.

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

XLIS:MLFMV' s Operating Margin % Range Over the Past 10 Years
Min: 0.48   Med: 1.86   Max: 4.18
Current: 2.05


XLIS:MLFMV's Operating Margin % is ranked worse than
60.68% of 117 companies
in the Medical Distribution industry
Industry Median: 3.05 vs XLIS:MLFMV: 2.05

Farminveste SGPS's 5-Year Average Operating Margin % Growth Rate was 22.40% per year.

Farminveste SGPS's Operating Income for the six months ended in Dec. 2025 was €8.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €18.6 Mil.


Farminveste SGPS  (XLIS:MLFMV) 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.


Farminveste SGPS Operating Margin % Related Terms


Farminveste SGPS Operating Margin % Historical Data

* Premium members only.

The historical data trend for Farminveste 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.

Farminveste SGPS Operating Margin % Chart

Farminveste 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 1.86 1.84 1.86 1.75 2.05

Farminveste SGPS Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.29 2.33 1.19 2.26 1.85

XLIS:MLFMV vs MCK, CAH, COR: Operating Margin % Comparison

For the Medical Distribution subindustry, Farminveste 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.


Farminveste SGPS Operating Margin % vs Medical Distribution Industry

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

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


XLIS:MLFMV
65GF Score
Farminveste SGPS SA XLIS:MLFMV
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Farminveste 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.

Farminveste 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 )
=18.636 / 908.628
=2.05 %

Farminveste SGPS's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=8.532 / 460.963
=1.85 %

* 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 1.85% mean?
Farminveste SGPS (XLIS:MLFMV) has a Operating Margin % of 1.85% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Farminveste SGPS and its competitors. This is near median its historical median of 1.86. Over the past decade, Farminveste SGPS's Operating Margin % has ranged from 0.48 to 4.18. According to the industry distribution chart, Farminveste SGPS ranks #71 out of 117 companies in the Medical Distribution industry, placing it in the top 60.7%.
Is Farminveste SGPS's Operating Margin % too high?
Farminveste SGPS's current Operating Margin % of 1.85% is near median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 4.18. The Medical Distribution industry median Operating Margin % is 3.05. Farminveste SGPS's value of 1.85% is 39.3% below this industry median. Based on the distribution chart, Farminveste SGPS ranks #71 out of 117 companies in the Medical Distribution industry, which is below the industry midpoint. Overall, Farminveste SGPS has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Farminveste SGPS's Operating Margin % compare to MCK and CAH?
According to the Medical Distribution industry distribution chart, Farminveste SGPS ranks #71 out of 117 companies for Operating Margin %. This places Farminveste SGPS in the lower half of its industry. The industry median Operating Margin % is 3.05. Farminveste SGPS's value of 1.85% is 39.3% below this benchmark. Historically, Farminveste SGPS's own Operating Margin % has ranged from 0.48 to 4.18 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 3.05, Farminveste SGPS 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 3.05, based on 117 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. Farminveste SGPS's current Operating Margin % of 1.85% is 39.3% 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 Farminveste SGPS and its competitors. For the Medical Distribution industry, the median Operating Margin % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farminveste SGPS's current Operating Margin % is 1.85%, which is near median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farminveste SGPS stock overvalued right now?
Based on GuruFocus' analysis, Farminveste SGPS (XLIS:MLFMV) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.64, compared to a current price of €5.00 — trading 204.9% above its estimated fair value. The current Operating Margin % is 1.85%, which is near median its 10-year median of 1.86 and 39.3% below the Medical Distribution industry median of 3.05. Farminveste SGPS's overall GF Score™ is 65/100 with 3 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 Farminveste SGPS (XLIS:MLFMV), the current Operating Margin % is 1.85% as of Dec. 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 Farminveste SGPS (XLIS:MLFMV) Overvalued in 2026?

Based on GuruFocus' analysis, Farminveste SGPS stock appears to be overvalued. The current stock price of €5.00 is trading 204.9% above its estimated GF Value™ of €1.64. GuruFocus considers Farminveste SGPS to be Significantly Overvalued.

Key valuation signals for XLIS:MLFMV:

  • Operating Margin %: 1.85% (near median its 10-year median of 1.86)
  • GF Value™: €1.64 vs. price of €5.00 (204.9% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 39.3% below the Medical Distribution median (#71 of 117)

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


Farminveste SGPS Business Description

Address No. 8, Travessa de Santa Catarina, Lisbon, PRT, 1200-403
Farminveste SGPS SA is a holding company and its subsidiaries are active in the business of pharmacies, pharmaceutical distribution, information systems, health care, real estate, market intelligence and other services.
65GF Score

Get the complete analysis for XLIS:MLFMV

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

€5.00
Price
€1.64
GF Value