NBI Bearings EuropeXMAD:NBI 85 Operating Margin % is 4.78% as of Dec. 2025, which is 26% below its 10-year median of 6.49. GuruFocus rates XMAD:NBI with a GF Score™ of 85/100 and a GF Value™ of €4.24 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 3,038 Industrial Products companies, NBI Bearings Europe ranks better than 50% on this metric.
NBI Bearings Europe (XMAD:NBI) 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.
NBI Bearings Europe Operating Margin % Related Terms
NBI Bearings Europe Operating Margin % Historical Data
* Premium members only.
The historical data trend for NBI Bearings Europe'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.
XMAD:NBI vs SNA, RBC, LECO: Operating Margin % Comparison
For the Tools & Accessories subindustry, NBI Bearings Europe'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.
NBI Bearings Europe Operating Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NBI Bearings Europe's Operating Margin % distribution charts can be found below:
* The bar in red indicates where NBI Bearings Europe's Operating Margin % falls into.
NBI Bearings Europe 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.
NBI Bearings Europe'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.
NBI Bearings Europe (XMAD:NBI) has a Operating Margin % of 4.78% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on NBI Bearings Europe and its competitors. This is 26% below median its historical median of 6.49. Over the past decade, NBI Bearings Europe's Operating Margin % has ranged from 3.26 to 15.99. According to the industry distribution chart, NBI Bearings Europe ranks #1519 out of 3038 companies in the Industrial Products industry, placing it in the top 50%.
Is NBI Bearings Europe's Operating Margin % too high?
NBI Bearings Europe's current Operating Margin % of 4.78% is 26% below median its 10-year median of 6.49. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 15.99. The Industrial Products industry median Operating Margin % is 6.53. NBI Bearings Europe's value of 4.78% is 26.8% below this industry median. Based on the distribution chart, NBI Bearings Europe ranks #1519 out of 3038 companies in the Industrial Products industry, which is above the industry midpoint. Overall, NBI Bearings Europe has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NBI Bearings Europe's Operating Margin % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, NBI Bearings Europe ranks #1519 out of 3038 companies for Operating Margin %. This puts NBI Bearings Europe in the upper half of its industry. The industry median Operating Margin % is 6.53. NBI Bearings Europe's value of 4.78% is 26.8% below this benchmark. Historically, NBI Bearings Europe's own Operating Margin % has ranged from 3.26 to 15.99 over the past decade. While the company's 10-year median is 6.49 vs. the industry median of 6.53, NBI Bearings Europe 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 an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.53, based on 3,038 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. NBI Bearings Europe's current Operating Margin % of 4.78% is 26.8% 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 NBI Bearings Europe and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NBI Bearings Europe's current Operating Margin % is 4.78%, which is 26% below median its own 10-year median of 6.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NBI Bearings Europe stock overvalued right now?
Based on GuruFocus' analysis, NBI Bearings Europe (XMAD:NBI) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.24, compared to a current price of €3.08 — trading 27.4% below its estimated fair value. The current Operating Margin % is 4.78%, which is 26% below median its 10-year median of 6.49 and 26.8% below the Industrial Products industry median of 6.53. NBI Bearings Europe's overall GF Score™ is 85/100 with 6 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 NBI Bearings Europe (XMAD:NBI), the current Operating Margin % is 4.78% 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 NBI Bearings Europe (XMAD:NBI) Overvalued in 2026?
Based on GuruFocus' analysis, NBI Bearings Europe stock appears to be undervalued.
The current stock price of €3.08 is trading 27.4% below its estimated GF Value™ of €4.24.
GuruFocus considers NBI Bearings Europe to be Modestly Undervalued.
Key valuation signals for XMAD:NBI:
Operating Margin %: 4.78% (26% below median its 10-year median of 6.49)
GF Value™: €4.24 vs. price of €3.08 (27.4% below fair value)
Industry Position: 26.8% below the Industrial Products median (#1519 of 3038)
No single metric tells the full story. See the XMAD:NBI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NBI Bearings Europe SA is engaged in designing and production of bearings. Its product offerings include cylindrical roller bearings, tapered roller bearings, spherical roller bearings, needle roller bearings, support rollers, cam followers, cylindrical roller thrust bearings, spherical roller thrust bearings and ball bearings. The company also provides technical services, bearing selection, training and tailor made solutions.
85GF Score
Get the complete analysis for XMAD:NBI
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XMAD:NBI has been successfully added to your 
