Asahi Group HoldingsASBHY 66 Operating Margin % is 8.35% as of Sep. 2025, which is 5% below its 10-year median of 8.82. GuruFocus rates ASBHY with a GF Score™ of 66/100 and a GF Value™ of $12.16 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 211 Beverages - Alcoholic companies, Asahi Group Holdings ranks better than 50.24% on this metric.
Asahi Group Holdings (OTCPK:ASBHY) 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.
Asahi Group Holdings Operating Margin % Related Terms
Asahi Group Holdings Operating Margin % Historical Data
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The historical data trend for Asahi Group Holdings'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.
For the Beverages - Brewers subindustry, Asahi Group Holdings'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.
Asahi Group Holdings Operating Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Asahi Group Holdings's Operating Margin % falls into.
Asahi Group Holdings 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.
Asahi Group Holdings's Operating Margin % for the fiscal year that ended in Dec. 2024 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.
Asahi Group Holdings (ASBHY) has a Operating Margin % of 8.35% as of Sep. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Asahi Group Holdings and its competitors. This is near median its historical median of 8.82. Over the past decade, Asahi Group Holdings' Operating Margin % has ranged from 5.72 to 9.99. According to the industry distribution chart, Asahi Group Holdings ranks #105 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 49.8%.
Is Asahi Group Holdings' Operating Margin % too high?
Asahi Group Holdings' current Operating Margin % of 8.35% is near median its 10-year median of 8.82. Over the past 10 years, this metric has ranged from a low of 5.72 to a high of 9.99. The Beverages - Alcoholic industry median Operating Margin % is 7.82. Asahi Group Holdings' value of 8.35% is 6.8% above this industry median. Based on the distribution chart, Asahi Group Holdings ranks #105 out of 211 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Asahi Group Holdings has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Group Holdings' Operating Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Asahi Group Holdings ranks #105 out of 211 companies for Operating Margin %. This puts Asahi Group Holdings in the upper half of its industry. The industry median Operating Margin % is 7.82. Asahi Group Holdings' value of 8.35% is 6.8% above this benchmark. Historically, Asahi Group Holdings' own Operating Margin % has ranged from 5.72 to 9.99 over the past decade. While the company's 10-year median is 8.82 vs. the industry median of 7.82, Asahi Group Holdings 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 Beverages - Alcoholic company?
The median Operating Margin % among Beverages - Alcoholic companies is 7.82, based on 211 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. Asahi Group Holdings's current Operating Margin % of 8.35% is 6.8% 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 Asahi Group Holdings and its competitors. For the Beverages - Alcoholic industry, the median Operating Margin % is 7.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Group Holdings's current Operating Margin % is 8.35%, which is near median its own 10-year median of 8.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asahi Group Holdings (ASBHY) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.16, compared to a current price of $9.95 — trading 18.2% below its estimated fair value. The current Operating Margin % is 8.35%, which is near median its 10-year median of 8.82 and 6.8% above the Beverages - Alcoholic industry median of 7.82. Asahi Group Holdings' overall GF Score™ is 66/100 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 Asahi Group Holdings (ASBHY), the current Operating Margin % is 8.35% as of Sep. 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.
Is Asahi Group Holdings (ASBHY) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Group Holdings stock appears to be undervalued.
The current stock price of $9.95 is trading 18.2% below its estimated GF Value™ of $12.16.
GuruFocus considers Asahi Group Holdings to be Modestly Undervalued.
Key valuation signals for ASBHY:
Operating Margin %: 8.35% (near median its 10-year median of 8.82)
GF Value™: $12.16 vs. price of $9.95 (18.2% below fair value)
Industry Position: 6.8% above the Beverages - Alcoholic median (#105 of 211)
No single metric tells the full story. See the ASBHY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi is the largest brewer in Japan with a nearly 40% market share, led by its Asahi Super Dry brand. It also operates a wide range of alcoholic and soft beverage products as well as packaged foods, mainly in Japan. Overseas markets accounted for over half of the company's revenue and close to 60% of operating profit, with Australia and Europe being two major markets. It acquired SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017 from Anheuser-Busch InBev. In Australia, Asahi holds market leaderships across beer and soft drinks segments, through its acquisitions of Schweppes Australia in 2009 and Carlton & United Breweries in 2020.
66GF Score
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