GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fortune Parts Industry PCL (BKK:FPI) » Definitions » Operating Margin %

Fortune Parts Industry PCL (BKK:FPI) Operating Margin % : 24.45% (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Fortune Parts Industry PCL Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Fortune Parts Industry PCL's Operating Income for the three months ended in Dec. 2023 was ฿160 Mil. Fortune Parts Industry PCL's Revenue for the three months ended in Dec. 2023 was ฿654 Mil. Therefore, Fortune Parts Industry PCL's Operating Margin % for the quarter that ended in Dec. 2023 was 24.45%.

Good Sign:

Fortune Parts Industry PCL operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Fortune Parts Industry PCL's Operating Margin % or its related term are showing as below:

BKK:FPI' s Operating Margin % Range Over the Past 10 Years
Min: 8.48   Med: 15.07   Max: 23.14
Current: 23.14


BKK:FPI's Operating Margin % is ranked better than
96.72% of 1281 companies
in the Vehicles & Parts industry
Industry Median: 5.08 vs BKK:FPI: 23.14

Fortune Parts Industry PCL's 5-Year Average Operating Margin % Growth Rate was 24.10% per year.

Fortune Parts Industry PCL's Operating Income for the three months ended in Dec. 2023 was ฿160 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ฿572 Mil.


Fortune Parts Industry PCL Operating Margin % Historical Data

The historical data trend for Fortune Parts Industry PCL'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.

* Premium members only.

Fortune Parts Industry PCL Operating Margin % Chart

Fortune Parts Industry PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.04 9.31 17.83 22.55 23.14

Fortune Parts Industry PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 24.93 19.76 24.35 23.24 24.45

Competitive Comparison of Fortune Parts Industry PCL's Operating Margin %

For the Auto Parts subindustry, Fortune Parts Industry PCL'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.


Fortune Parts Industry PCL's Operating Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fortune Parts Industry PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Fortune Parts Industry PCL's Operating Margin % falls into.



Fortune Parts Industry PCL 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.

Fortune Parts Industry PCL's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=572.105 / 2472.12
=23.14 %

Fortune Parts Industry PCL's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=160.024 / 654.416
=24.45 %

* 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.


Fortune Parts Industry PCL  (BKK:FPI) 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 NokiaÂ’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.


Fortune Parts Industry PCL Operating Margin % Related Terms

Thank you for viewing the detailed overview of Fortune Parts Industry PCL's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortune Parts Industry PCL (BKK:FPI) Business Description

Traded in Other Exchanges
N/A
Address
Nimitmai Road, 11/22 Moo 20, Lamlukka, Pathumthani, THA, 12150
Fortune Parts Industry PCL is engaged in the manufacture and distribution of automotive replacement parts, dipping, and painting services based in Thailand. It has three operating segments Domestic sales, which manufacture and domestic distribution of automotive parts and equipment; Export sales, which manufacture and overseas distribution of automotive parts and equipment; and Services from dipping and painting. Some of the products offered by the company are Plastic injection parts, Lamp and mirrors, Coolants, Engine and Break parts, among others. Export sales generate the majority of the revenue. Geographically, it makes sales in Thailand, Saudi Arabia, and other countries.