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.
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.
Karo LeatherXPRA:KARIN -2.10%87 Operating Margin % is 3.26% as of Dec. 2025, which is 71% below its 10-year median of 11.41. GuruFocus rates XPRA:KARIN with a GF Score™ of 87/100 and a GF Value™ of Kč122.20 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,040 Manufacturing - Apparel & Accessories companies, Karo Leather ranks worse than 54.42% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Karo Leather's Operating Income for the
three
months ended in Dec. 2025 was Kč3.06 Mil. Karo Leather's Revenue for the
three
months ended in Dec. 2025 was Kč93.86 Mil. Therefore, Karo Leather's Operating Margin % for the quarter that ended in Dec. 2025 was 3.26%.
Good Sign:
Karo Leather operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Karo Leather's Operating Margin % or its related term are showing as below:
XPRA:KARIN'
s Operating Margin % Range Over the Past 10 Years
Min: 2.6 Med: 11.41 Max: 27.34
Current: 3.26
XPRA:KARIN's Operating Margin % is ranked worse than 54.42% of 1040
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.085
vs XPRA:KARIN: 3.26
Karo Leather's 5-Year Average Operating Margin % Growth Rate was 45.50% per year.
Karo Leather's Operating Income for the
three
months ended in Dec. 2025 was Kč3.06 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was Kč3.06 Mil.
Karo Leather (XPRA:KARIN) 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.
Karo Leather Operating Margin % Related Terms
Karo Leather Operating Margin % Historical Data
* Premium members only.
The historical data trend for Karo Leather'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.
For the Textile Manufacturing subindustry, Karo Leather'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.
Karo Leather Operating Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Karo Leather's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Karo Leather's Operating Margin % falls into.
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.
Karo Leather'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.
Karo Leather (XPRA:KARIN) has a Operating Margin % of 3.26% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Karo Leather and its competitors. This is 71% below median its historical median of 11.41. Over the past decade, Karo Leather's Operating Margin % has ranged from 2.60 to 27.34. According to the industry distribution chart, Karo Leather ranks #566 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54.4%.
Is Karo Leather's Operating Margin % too high?
Karo Leather's current Operating Margin % of 3.26% is 71% below median its 10-year median of 11.41. Over the past 10 years, this metric has ranged from a low of 2.60 to a high of 27.34. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.09. Karo Leather's value of 3.26% is 20.2% below this industry median. Based on the distribution chart, Karo Leather ranks #566 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Karo Leather has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Karo Leather's Operating Margin % compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Karo Leather ranks #566 out of 1040 companies for Operating Margin %. This places Karo Leather in the lower half of its industry. The industry median Operating Margin % is 4.09. Karo Leather's value of 3.26% is 20.2% below this benchmark. Historically, Karo Leather's own Operating Margin % has ranged from 2.60 to 27.34 over the past decade. While the company's 10-year median is 11.41 vs. the industry median of 4.09, Karo Leather 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 Manufacturing - Apparel & Accessories company?
The median Operating Margin % among Manufacturing - Apparel & Accessories companies is 4.09, based on 1,040 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. Karo Leather's current Operating Margin % of 3.26% is 20.2% 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 Karo Leather and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karo Leather's current Operating Margin % is 3.26%, which is 71% below median its own 10-year median of 11.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karo Leather stock overvalued right now?
Based on GuruFocus' analysis, Karo Leather (XPRA:KARIN) is currently considered Modestly Overvalued. The stock's GF Value™ is Kč122.20, compared to a current price of Kč140.00 — trading 14.6% above its estimated fair value. The current Operating Margin % is 3.26%, which is 71% below median its 10-year median of 11.41 and 20.2% below the Manufacturing - Apparel & Accessories industry median of 4.09. Karo Leather's overall GF Score™ is 87/100 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 Karo Leather (XPRA:KARIN), the current Operating Margin % is 3.26% 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 Karo Leather (XPRA:KARIN) Overvalued in 2026?
Based on GuruFocus' analysis, Karo Leather stock appears to be overvalued.
The current stock price of Kč140.00 is trading 14.6% above its estimated GF Value™ of Kč122.20.
GuruFocus considers Karo Leather to be Modestly Overvalued.
Key valuation signals for XPRA:KARIN:
Operating Margin %: 3.26% (71% below median its 10-year median of 11.41)
GF Value™: Kč122.20 vs. price of Kč140.00 (14.6% above fair value)
Industry Position: 20.2% below the Manufacturing - Apparel & Accessories median (#566 of 1040)
No single metric tells the full story. See the XPRA:KARIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Karo Leather is engaged in machine processing and trading of leather for the furniture industry and selling of cowhides. Its products include sells buffalo, cowhide products; and upholstery leather. It markets products in European Union countries, especially Poland.
87GF Score
Get the complete analysis for XPRA:KARIN
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
XPRA:KARIN has been successfully added to your 
