Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0) Operating Margin %: 176.40% (As of Dec. 2025) — 81% Below Median

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XTER:EFF0 Deutsche Effecten- und Wechsel- Beteiligungsges AG XTER:EFF0
43 GF Score
Price €2.44
! 1 Warning Sign
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What is Deutsche Effecten- und Wechsel- Beteiligungsges AG Operating Margin %?

Deutsche Effecten- und Wechsel- Beteiligungsges AG XTER:EFF0 -1.61% 43 Operating Margin % is 176.40% as of Dec. 2025, which is 81% below its 10-year median of 948.10. GuruFocus rates XTER:EFF0 with a GF Score™ of 43/100. The stock has 1 warning sign investors should review. Among 651 Asset Management companies, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks worse than 153609.68% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Deutsche Effecten- und Wechsel- Beteiligungsges AG's Operating Income for the six months ended in Dec. 2025 was €-0.44 Mil. Deutsche Effecten- und Wechsel- Beteiligungsges AG's Revenue for the six months ended in Dec. 2025 was €-0.25 Mil. Therefore, Deutsche Effecten- und Wechsel- Beteiligungsges AG's Operating Margin % for the quarter that ended in Dec. 2025 was 176.40%.

The historical rank and industry rank for Deutsche Effecten- und Wechsel- Beteiligungsges AG's Operating Margin % or its related term are showing as below:


XTER:EFF0's Operating Margin % is not ranked *
in the Asset Management industry.
Industry Median: 16.85
* Ranked among companies with meaningful Operating Margin % only.

Deutsche Effecten- und Wechsel- Beteiligungsges AG's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Deutsche Effecten- und Wechsel- Beteiligungsges AG's Operating Income for the six months ended in Dec. 2025 was €-0.44 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.62 Mil.


Deutsche Effecten- und Wechsel- Beteiligungsges AG  (XTER:EFF0) 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.


Deutsche Effecten- und Wechsel- Beteiligungsges AG Operating Margin % Related Terms


Deutsche Effecten- und Wechsel- Beteiligungsges AG Operating Margin % Historical Data

* Premium members only.

The historical data trend for Deutsche Effecten- und Wechsel- Beteiligungsges AG'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.

Deutsche Effecten- und Wechsel- Beteiligungsges AG Operating Margin % Chart

Deutsche Effecten- und Wechsel- Beteiligungsges AG 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 162,720.00 0.00 0.00 -670.00 0.00

Deutsche Effecten- und Wechsel- Beteiligungsges AG Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only 0.00 99.46 120.95 -71.60 176.40

XTER:EFF0 vs BLK, BX, KKR: Operating Margin % Comparison

For the Asset Management subindustry, Deutsche Effecten- und Wechsel- Beteiligungsges 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.


Deutsche Effecten- und Wechsel- Beteiligungsges AG Operating Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Deutsche Effecten- und Wechsel- Beteiligungsges AG's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Deutsche Effecten- und Wechsel- Beteiligungsges AG's Operating Margin % falls into.


XTER:EFF0
43GF Score
Deutsche Effecten- und Wechsel- Beteiligungsges AG XTER:EFF0
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Deutsche Effecten- und Wechsel- Beteiligungsges 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.

Deutsche Effecten- und Wechsel- Beteiligungsges AG'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 )
=-0.62 / 0
= %

Deutsche Effecten- und Wechsel- Beteiligungsges AG'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 )
=-0.441 / -0.25
=176.40 %

* 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 176.40% mean?
Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0) has a Operating Margin % of 176.40% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Deutsche Effecten- und Wechsel- Beteiligungsges AG and its competitors. This is 81% below median its historical median of 948.10. According to the industry distribution chart, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks #999999 out of 651 companies in the Asset Management industry.
Is Deutsche Effecten- und Wechsel- Beteiligungsges AG's Operating Margin % too high?
Deutsche Effecten- und Wechsel- Beteiligungsges AG's current Operating Margin % of 176.40% is 81% below median its 10-year median of 948.10. The Asset Management industry median Operating Margin % is 16.85. Deutsche Effecten- und Wechsel- Beteiligungsges AG's value of 176.40% is 946.9% above this industry median. Based on the distribution chart, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks #999999 out of 651 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Deutsche Effecten- und Wechsel- Beteiligungsges AG has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Deutsche Effecten- und Wechsel- Beteiligungsges AG's Operating Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks #999999 out of 651 companies for Operating Margin %. This places Deutsche Effecten- und Wechsel- Beteiligungsges AG in the lower half of its industry. The industry median Operating Margin % is 16.85. Deutsche Effecten- und Wechsel- Beteiligungsges AG's value of 176.40% is 946.9% above this benchmark. While the company's 10-year median is 948.10 vs. the industry median of 16.85, Deutsche Effecten- und Wechsel- Beteiligungsges 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 an Asset Management company?
The median Operating Margin % among Asset Management companies is 16.85, based on 651 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. Deutsche Effecten- und Wechsel- Beteiligungsges AG's current Operating Margin % of 176.40% is 946.9% 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 Deutsche Effecten- und Wechsel- Beteiligungsges AG and its competitors. For the Asset Management industry, the median Operating Margin % is 16.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Effecten- und Wechsel- Beteiligungsges AG's current Operating Margin % is 176.40%, which is 81% below median its own 10-year median of 948.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Effecten- und Wechsel- Beteiligungsges AG stock overvalued right now?
Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0) has a current Operating Margin % of 176.40%. The current Operating Margin % is 176.40%, which is 81% below median its 10-year median of 948.10 and 946.9% above the Asset Management industry median of 16.85. Deutsche Effecten- und Wechsel- Beteiligungsges AG's overall GF Score™ is 43/100 with 1 warning sign 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 Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0), the current Operating Margin % is 176.40% 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.

Deutsche Effecten- und Wechsel- Beteiligungsges AG Business Description

Address Semmelweisstrasse 4, Jena, TH, DEU, 07743
Deutsche Effecten- und Wechsel- Beteiligungsges AG is a Germany-based listed investment company that specializes in the selection, acquisition, development, and sale of tech companies. It focuses on asset management and companies whose technologies and business models have an impact on the future development of the financial industry. The company supports its portfolio companies with capital, expertise in corporate development, and its extensive network of experts.
43GF Score

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

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