APTPF (Airports Of Thailand) Operating Margin %: 41.20% (As of Mar. 2026) — Near Median


APTPF Airports Of Thailand PLC APTPF
89 GF Score
Price $1.73
GF Value $1.33
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Airports Of Thailand Operating Margin %?

Airports Of Thailand APTPF 89 Operating Margin % is 41.20% as of Mar. 2026, which is 4% above its 10-year median of 39.51. GuruFocus rates APTPF with a GF Score™ of 89/100 and a GF Value™ of $1.33 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,007 Transportation companies, Airports Of Thailand ranks better than 93.94% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Airports Of Thailand's Operating Income for the three months ended in Mar. 2026 was $236 Mil. Airports Of Thailand's Revenue for the three months ended in Mar. 2026 was $572 Mil. Therefore, Airports Of Thailand's Operating Margin % for the quarter that ended in Mar. 2026 was 41.20%.

The historical rank and industry rank for Airports Of Thailand's Operating Margin % or its related term are showing as below:

APTPF' s Operating Margin % Range Over the Past 10 Years
Min: -236.99   Med: 39.51   Max: 50.73
Current: 36.99


APTPF's Operating Margin % is ranked better than
93.94% of 1007 companies
in the Transportation industry
Industry Median: 7.37 vs APTPF: 36.99

Airports Of Thailand's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Airports Of Thailand's Operating Income for the three months ended in Mar. 2026 was $236 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $766 Mil.


Airports Of Thailand  (OTCPK:APTPF) 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.


Airports Of Thailand Operating Margin % Related Terms


Airports Of Thailand Operating Margin % Historical Data

* Premium members only.

The historical data trend for Airports Of Thailand'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.

Airports Of Thailand Operating Margin % Chart

Airports Of Thailand Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -236.99 -67.12 30.33 40.97 38.05

Airports Of Thailand Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 40.37 30.64 38.46 36.77 41.20

APTPF vs JOBY, CAAP: Operating Margin % Comparison

For the Airports & Air Services subindustry, Airports Of Thailand'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.


Airports Of Thailand Operating Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Airports Of Thailand's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Airports Of Thailand's Operating Margin % falls into.


APTPF
89GF Score
Airports Of Thailand PLC APTPF
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Airports Of Thailand 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.

Airports Of Thailand's Operating Margin % for the fiscal year that ended in Sep. 2025 is calculated as

Operating Margin %=Operating Income (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=793.821 / 2086.058
=38.05 %

Airports Of Thailand's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=235.543 / 571.653
=41.20 %

* 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 41.20% mean?
Airports Of Thailand (APTPF) has a Operating Margin % of 41.20% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Airports Of Thailand and its competitors. This is near median its historical median of 39.51. According to the industry distribution chart, Airports Of Thailand ranks #61 out of 1007 companies in the Transportation industry, placing it in the top 6.1%.
Is Airports Of Thailand's Operating Margin % too high?
Airports Of Thailand's current Operating Margin % of 41.20% is near median its 10-year median of 39.51. The Transportation industry median Operating Margin % is 7.37. Airports Of Thailand's value of 41.20% is 459% above this industry median. Based on the distribution chart, Airports Of Thailand ranks #61 out of 1007 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Airports Of Thailand has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airports Of Thailand's Operating Margin % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Airports Of Thailand ranks #61 out of 1007 companies for Operating Margin %. This places Airports Of Thailand in the top 6% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.37. Airports Of Thailand's value of 41.20% is 459% above this benchmark. While the company's 10-year median is 39.51 vs. the industry median of 7.37, Airports Of Thailand 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 Transportation company?
The median Operating Margin % among Transportation companies is 7.37, based on 1,007 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. Airports Of Thailand's current Operating Margin % of 41.20% is 459% 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 Airports Of Thailand and its competitors. For the Transportation industry, the median Operating Margin % is 7.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airports Of Thailand's current Operating Margin % is 41.20%, which is near median its own 10-year median of 39.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports Of Thailand stock overvalued right now?
Based on GuruFocus' analysis, Airports Of Thailand (APTPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.33, compared to a current price of $1.73 — trading 29.7% above its estimated fair value. The current Operating Margin % is 41.20%, which is near median its 10-year median of 39.51 and 459% above the Transportation industry median of 7.37. Airports Of Thailand's overall GF Score™ is 89/100 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 Airports Of Thailand (APTPF), the current Operating Margin % is 41.20% 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 Airports Of Thailand (APTPF) Overvalued in 2026?

Based on GuruFocus' analysis, Airports Of Thailand stock appears to be overvalued. The current stock price of $1.73 is trading 29.7% above its estimated GF Value™ of $1.33. GuruFocus considers Airports Of Thailand to be Modestly Overvalued.

Key valuation signals for APTPF:

  • Operating Margin %: 41.20% (near median its 10-year median of 39.51)
  • GF Value™: $1.33 vs. price of $1.73 (29.7% above fair value)
  • GF Score™: 89/100 with 7 warning signs
  • Industry Position: 459% above the Transportation median (#61 of 1007)

No single metric tells the full story. See the APTPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Airports Of Thailand Business Description

Address No. 333, Cherdwutagard Road, Sikan, Don Mueang, Bangkok, THA, 10210
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. The company operates in various business segments such as airport management business, hotel business, ground aviation services, security business, and manages projects on perishable goods. The majority of its revenue is derived from its airport management business under which it generates income mainly from two categories of services: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue is generated from office and state property rents.
89GF Score

Get the complete analysis for APTPF

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

$1.73
Price
$1.33
GF Value