Old Chang KeeSGX:5ML -1.68%45 Net Margin % is 8.80% as of Mar. 2026, which is 24% above its 10-year median of 7.09. GuruFocus rates SGX:5ML with a GF Score™ of 45/100 and a GF Value™ of S$0.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 365 Restaurants companies, Old Chang Kee ranks better than 87.67% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Old Chang Kee's Net Income for the
six
months ended in Mar. 2026 was S$4.5 Mil. Old Chang Kee's Revenue for the
six
months ended in Mar. 2026 was S$51.5 Mil. Therefore, Old Chang Kee's net margin for the quarter that ended in Mar. 2026 was 8.80%.
The historical rank and industry rank for Old Chang Kee's Net Margin % or its related term are showing as below:
SGX:5ML'
s Net Margin % Range Over the Past 10 Years
Min: 0.96 Med: 7.09 Max: 11.6
Current: 9.23
SGX:5ML's Net Margin % is ranked better than 87.67% of 365
companies
in the Restaurants industry
Industry Median: 2.12
vs SGX:5ML: 9.23
Old Chang Kee (SGX:5ML) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Old Chang Kee Net Margin % Related Terms
Old Chang Kee Net Margin % Historical Data
* Premium members only.
The historical data trend for Old Chang Kee's Net 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.
SGX:5ML vs MCD, SBUX, CMG: Net Margin % Comparison
For the Restaurants subindustry, Old Chang Kee's Net Margin %, along with its competitors' market caps and Net 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.
Old Chang Kee Net Margin % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Old Chang Kee's Net Margin % distribution charts can be found below:
* The bar in red indicates where Old Chang Kee's Net Margin % falls into.
* 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.
Old Chang Kee (SGX:5ML) has a Net Margin % of 8.80% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Old Chang Kee and its competitors. This is 24% above median its historical median of 7.09. Over the past decade, Old Chang Kee's Net Margin % has ranged from 0.96 to 11.60. According to the industry distribution chart, Old Chang Kee ranks #45 out of 365 companies in the Restaurants industry, placing it in the top 12.3%.
Is Old Chang Kee's Net Margin % too high?
Old Chang Kee's current Net Margin % of 8.80% is 24% above median its 10-year median of 7.09. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 11.60. The Restaurants industry median Net Margin % is 2.12. Old Chang Kee's value of 8.80% is 315.1% above this industry median. Based on the distribution chart, Old Chang Kee ranks #45 out of 365 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Old Chang Kee has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old Chang Kee's Net Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Old Chang Kee ranks #45 out of 365 companies for Net Margin %. This places Old Chang Kee in the top 12% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.12. Old Chang Kee's value of 8.80% is 315.1% above this benchmark. Historically, Old Chang Kee's own Net Margin % has ranged from 0.96 to 11.60 over the past decade. While the company's 10-year median is 7.09 vs. the industry median of 2.12, Old Chang Kee 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 Net Margin % for a Restaurants company?
The median Net Margin % among Restaurants companies is 2.12, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Old Chang Kee's current Net Margin % of 8.80% is 315.1% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Old Chang Kee and its competitors. For the Restaurants industry, the median Net Margin % is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old Chang Kee's current Net Margin % is 8.80%, which is 24% above median its own 10-year median of 7.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Chang Kee stock overvalued right now?
Based on GuruFocus' analysis, Old Chang Kee (SGX:5ML) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.80, compared to a current price of S$1.17 — trading 46.3% above its estimated fair value. The current Net Margin % is 8.80%, which is 24% above median its 10-year median of 7.09 and 315.1% above the Restaurants industry median of 2.12. Old Chang Kee's overall GF Score™ is 45/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Old Chang Kee (SGX:5ML), the current Net Margin % is 8.80% 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 Old Chang Kee (SGX:5ML) Overvalued in 2026?
Based on GuruFocus' analysis, Old Chang Kee stock appears to be overvalued.
The current stock price of S$1.17 is trading 46.3% above its estimated GF Value™ of S$0.80.
GuruFocus considers Old Chang Kee to be Significantly Overvalued.
Key valuation signals for SGX:5ML:
Net Margin %: 8.80% (24% above median its 10-year median of 7.09)
GF Value™: S$0.80 vs. price of S$1.17 (46.3% above fair value)
Industry Position: 315.1% above the Restaurants median (#45 of 365)
No single metric tells the full story. See the SGX:5ML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Old Chang Kee Ltd is engaged in the manufacturing and distribution of food products. The company's products include curry puffs, fishballs, chicken nuggets, and chicken wings. It also provides catering services in Singapore. The company's geographical segments include Singapore, Australia, and Malaysia, and a majority of its revenue is derived from Singapore. The company is engaged in the manufacture and sale of food products under brands such as Old Chang Kee, the Curry Times, and Dip n Go.
45GF Score
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