NMDC Group PJSCADX:NMDC 93 Operating Margin % is 7.01% as of Mar. 2026, which is 14% below its 10-year median of 8.12. GuruFocus rates ADX:NMDC with a GF Score™ of 93/100 and a GF Value™ of د.إ29.77 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,767 Construction companies, NMDC Group PJSC ranks better than 80.87% on this metric.
NMDC Group PJSC (ADX:NMDC) 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.
NMDC Group PJSC Operating Margin % Related Terms
NMDC Group PJSC Operating Margin % Historical Data
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The historical data trend for NMDC Group PJSC'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.
ADX:NMDC vs PWR, FIX, EME: Operating Margin % Comparison
For the Engineering & Construction subindustry, NMDC Group PJSC'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.
NMDC Group PJSC Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, NMDC Group PJSC's Operating Margin % distribution charts can be found below:
* The bar in red indicates where NMDC Group PJSC'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.
NMDC Group PJSC'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.
NMDC Group PJSC (ADX:NMDC) has a Operating Margin % of 7.01% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on NMDC Group PJSC and its competitors. This is 14% below median its historical median of 8.12. Over the past decade, NMDC Group PJSC's Operating Margin % has ranged from 3.73 to 15.31. According to the industry distribution chart, NMDC Group PJSC ranks #338 out of 1767 companies in the Construction industry, placing it in the top 19.1%.
Is NMDC Group PJSC's Operating Margin % too high?
NMDC Group PJSC's current Operating Margin % of 7.01% is 14% below median its 10-year median of 8.12. Over the past 10 years, this metric has ranged from a low of 3.73 to a high of 15.31. The Construction industry median Operating Margin % is 5.89. NMDC Group PJSC's value of 7.01% is 19% above this industry median. Based on the distribution chart, NMDC Group PJSC ranks #338 out of 1767 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, NMDC Group PJSC has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NMDC Group PJSC's Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, NMDC Group PJSC ranks #338 out of 1767 companies for Operating Margin %. This places NMDC Group PJSC in the top 19% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.89. NMDC Group PJSC's value of 7.01% is 19% above this benchmark. Historically, NMDC Group PJSC's own Operating Margin % has ranged from 3.73 to 15.31 over the past decade. While the company's 10-year median is 8.12 vs. the industry median of 5.89, NMDC Group PJSC 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 Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,767 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. NMDC Group PJSC's current Operating Margin % of 7.01% is 19% 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 NMDC Group PJSC and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMDC Group PJSC's current Operating Margin % is 7.01%, which is 14% below median its own 10-year median of 8.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Group PJSC stock overvalued right now?
Based on GuruFocus' analysis, NMDC Group PJSC (ADX:NMDC) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ29.77, compared to a current price of د.إ21.90 — trading 26.4% below its estimated fair value. The current Operating Margin % is 7.01%, which is 14% below median its 10-year median of 8.12 and 19% above the Construction industry median of 5.89. NMDC Group PJSC's overall GF Score™ is 93/100 with 3 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 NMDC Group PJSC (ADX:NMDC), the current Operating Margin % is 7.01% 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 NMDC Group PJSC (ADX:NMDC) Overvalued in 2026?
Based on GuruFocus' analysis, NMDC Group PJSC stock appears to be undervalued.
The current stock price of د.إ21.90 is trading 26.4% below its estimated GF Value™ of د.إ29.77.
GuruFocus considers NMDC Group PJSC to be Modestly Undervalued.
Key valuation signals for ADX:NMDC:
Operating Margin %: 7.01% (14% below median its 10-year median of 8.12)
GF Value™: د.إ29.77 vs. price of د.إ21.90 (26.4% below fair value)
Industry Position: 19% above the Construction median (#338 of 1767)
No single metric tells the full story. See the ADX:NMDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NMDC Group PJSC operates as an integrated provider of Engineering, Procurement and Construction (EPC) services for onshore, offshore, and marine projects. The company's activities include marine dredging, logistics, and technical services, and marine engineering and construction. Geographically, it operates across the Middle East, Southeast Asia, and other international markets. The company's operations are structured under five business units: NMDC Dredging & Marine, NMDC Energy, NMDC Infra, NMDC Logistics & Technical Services, and NMDC Engineering. It has aggregated its segments into Dredging & Marine and Energy, with the majority of revenue from the Energy segment.
93GF Score
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