First Graphene (ASX:FGR) Operating Margin %: -709.55% (As of Dec. 2025)


What is First Graphene Operating Margin %?

First Graphene ASX:FGR +5.26% Operating Margin % is -709.55% as of Dec. 2025. The stock has 4 warning signs investors should review. Among 1,584 Chemicals companies, First Graphene ranks worse than 98.99% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. First Graphene's Operating Income for the six months ended in Dec. 2025 was A$-2.23 Mil. First Graphene's Revenue for the six months ended in Dec. 2025 was A$0.31 Mil. Therefore, First Graphene's Operating Margin % for the quarter that ended in Dec. 2025 was -709.55%.

Good Sign:

First Graphene Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

ASX:FGR' s Operating Margin % Range Over the Past 10 Years
Min: -112628.57   Med: -1628.09   Max: -240.4
Current: -809.53


ASX:FGR's Operating Margin % is ranked worse than
98.99% of 1584 companies
in the Chemicals industry
Industry Median: 6.025 vs ASX:FGR: -809.53

First Graphene's 5-Year Average Operating Margin % Growth Rate was 16.90% per year.

First Graphene's Operating Income for the six months ended in Dec. 2025 was A$-2.23 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$-4.67 Mil.


First Graphene  (ASX:FGR) 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.


First Graphene Operating Margin % Related Terms


First Graphene Operating Margin % Historical Data

* Premium members only.

The historical data trend for First Graphene'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.

First Graphene Operating Margin % Chart

First Graphene Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,038.89 -825.59 -240.40 -1,217.28 -1,115.81

First Graphene Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -847.09 -2,077.03 -1,349.03 -928.90 -709.55

ASX:FGR vs DOW: Operating Margin % Comparison

For the Chemicals subindustry, First Graphene'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.


First Graphene Operating Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, First Graphene's Operating Margin % distribution charts can be found below:

* The bar in red indicates where First Graphene's Operating Margin % falls into.



First Graphene 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.

First Graphene's Operating Margin % for the fiscal year that ended in Jun. 2025 is calculated as

Operating Margin %=Operating Income (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=-5.222 / 0.468
=-1,115.81 %

First Graphene's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=-2.228 / 0.314
=-709.55 %

* 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 -709.55% mean?
First Graphene (ASX:FGR) has a Operating Margin % of -709.55% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on First Graphene and its competitors. According to the industry distribution chart, First Graphene ranks #1568 out of 1584 companies in the Chemicals industry, placing it in the top 99%.
Is First Graphene's Operating Margin % too high?
First Graphene's current Operating Margin % is -709.55%. Based on the distribution chart, First Graphene ranks #1568 out of 1584 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does First Graphene's Operating Margin % compare to DOW?
According to the Chemicals industry distribution chart, First Graphene ranks #1568 out of 1584 companies for Operating Margin %. This places First Graphene in the lower half of its industry. The industry median Operating Margin % is 6.03. 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 Chemicals company?
The median Operating Margin % among Chemicals companies is 6.03, based on 1,584 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. 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 First Graphene and its competitors. For the Chemicals industry, the median Operating Margin % is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Graphene's current Operating Margin % is -709.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Graphene stock overvalued right now?
Based on GuruFocus' analysis, First Graphene (ASX:FGR) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.06 — trading 50% above its estimated fair value. The current Operating Margin % is -709.55%. 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 First Graphene (ASX:FGR), the current Operating Margin % is -709.55% as of Dec. 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.

First Graphene Business Description

Other Exchanges FGPHF:USAM11:Germany
Address 1 Sepia Close, Henderson, WA, AUS, 6166
First Graphene Ltd is an advanced materials company. It is the producer of graphene which is exfoliated from high-grade, crystalline Sri Lankan graphite. The company's graphene products are used in Fire retardant coatings, Concrete strengthening, Battery electrode materials, Conductive inks and sensors, Rubber and composite strengthening and Moisture barrier in thermoset composites. Its operating segments includes Graphene production; Research and development; Corporate services and Mining Asset Maintenance. The company generates maximum revenue from the Graphene production segment.