AT&S Austria Technologie & Systemtechnik AG has recorded a loss in operating income at least once over the past 3 years.
AT&S Austria Technologie & Systemtechnik AG (XPRA:ATS) 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.
AT&S Austria Technologie & Systemtechnik AG Operating Margin % Related Terms
AT&S Austria Technologie & Systemtechnik AG 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.
AT&S Austria Technologie & Systemtechnik AG Operating Margin % Chart
AT&S Austria Technologie & Systemtechnik AG Annual Data
XPRA:ATS vs APH, GLW, TEL: Operating Margin % Comparison
For the Electronic Components subindustry, AT&S Austria Technologie & Systemtechnik AG'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.
AT&S Austria Technologie & Systemtechnik AG Operating Margin % vs Hardware Industry
AT&S Austria Technologie & Systemtechnik AG 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.
* 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.
AT&S Austria Technologie & Systemtechnik AG (XPRA:ATS) has a Operating Margin % of 13.20% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on AT&S Austria Technologie & Systemtechnik AG and its competitors. This is 73% above median its historical median of 7.63. Over the past decade, AT&S Austria Technologie & Systemtechnik AG's Operating Margin % has ranged from 1.29 to 10.92. According to the industry distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1016 out of 2471 companies in the Hardware industry, placing it in the top 41.1%.
Is AT&S Austria Technologie & Systemtechnik AG's Operating Margin % too high?
AT&S Austria Technologie & Systemtechnik AG's current Operating Margin % of 13.20% is 73% above median its 10-year median of 7.63. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 10.92. The Hardware industry median Operating Margin % is 3.80. AT&S Austria Technologie & Systemtechnik AG's value of 13.20% is 247.4% above this industry median. Based on the distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1016 out of 2471 companies in the Hardware industry, which is above the industry midpoint. Overall, AT&S Austria Technologie & Systemtechnik AG has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AT&S Austria Technologie & Systemtechnik AG's Operating Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1016 out of 2471 companies for Operating Margin %. This puts AT&S Austria Technologie & Systemtechnik AG in the upper half of its industry. The industry median Operating Margin % is 3.80. AT&S Austria Technologie & Systemtechnik AG's value of 13.20% is 247.4% above this benchmark. Historically, AT&S Austria Technologie & Systemtechnik AG's own Operating Margin % has ranged from 1.29 to 10.92 over the past decade. While the company's 10-year median is 7.63 vs. the industry median of 3.80, AT&S Austria Technologie & Systemtechnik AG 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.80, based on 2,471 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. AT&S Austria Technologie & Systemtechnik AG's current Operating Margin % of 13.20% is 247.4% 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 AT&S Austria Technologie & Systemtechnik AG and its competitors. For the Hardware industry, the median Operating Margin % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AT&S Austria Technologie & Systemtechnik AG's current Operating Margin % is 13.20%, which is 73% above median its own 10-year median of 7.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AT&S Austria Technologie & Systemtechnik AG stock overvalued right now?
Based on GuruFocus' analysis, AT&S Austria Technologie & Systemtechnik AG (XPRA:ATS) is currently considered Significantly Overvalued. The stock's GF Value™ is Kč688.38, compared to a current price of Kč5,480.00 — trading 696.1% above its estimated fair value. The current Operating Margin % is 13.20%, which is 73% above median its 10-year median of 7.63 and 247.4% above the Hardware industry median of 3.80. AT&S Austria Technologie & Systemtechnik AG's overall GF Score™ is 74/100 with 12 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 AT&S Austria Technologie & Systemtechnik AG (XPRA:ATS), the current Operating Margin % is 13.20% 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 AT&S Austria Technologie & Systemtechnik AG (XPRA:ATS) Overvalued in 2026?
Based on GuruFocus' analysis, AT&S Austria Technologie & Systemtechnik AG stock appears to be overvalued.
The current stock price of Kč5,480.00 is trading 696.1% above its estimated GF Value™ of Kč688.38.
GuruFocus considers AT&S Austria Technologie & Systemtechnik AG to be Significantly Overvalued.
Key valuation signals for XPRA:ATS:
Operating Margin %: 13.20% (73% above median its 10-year median of 7.63)
GF Value™: Kč688.38 vs. price of Kč5,480.00 (696.1% above fair value)
Industry Position: 247.4% above the Hardware median (#1016 of 2471)
No single metric tells the full story. See the XPRA:ATS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AT&S Austria Technologie & Systemtechnik AG Business Description
AT&S Austria Technologie & Systemtechnik AG provider of high-end IC substrates and printed circuit boards. The company develops and manufactures interconnection technologies for key digital industries, including mobile devices, automotive and aerospace, industrial, medical, and high-performance computing for Al applications. The products are manufactured in the European and Asian markets and are directly distributed to original equipment manufacturers (OEM) as well as to contracted electronic manufacturers (CEM). Its segments are Electronics solutions, Microelectronics, and Others. Majority of revenue comes from Microelectronics segment. It has presence in Austria, Germany, Other European countries, China, Other Asian countries, and Americas of which majority of revenue is from America.
74GF Score
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