NRW HoldingsASX:NWH +1.27%76 Operating Margin % is 5.41% as of Dec. 2025, which is 2% below its 10-year median of 5.50. GuruFocus rates ASX:NWH with a GF Score™ of 76/100 and a GF Value™ of A$4.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 545 Conglomerates companies, NRW Holdings ranks worse than 69.72% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. NRW Holdings's Operating Income for the
six
months ended in Dec. 2025 was A$107 Mil. NRW Holdings's Revenue for the
six
months ended in Dec. 2025 was A$1,974 Mil. Therefore, NRW Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was 5.41%.
Warning Sign:
NRW Holdings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -15.8%.
The historical rank and industry rank for NRW Holdings's Operating Margin % or its related term are showing as below:
ASX:NWH'
s Operating Margin % Range Over the Past 10 Years
Min: 1.63 Med: 5.5 Max: 14.94
Current: 2.22
ASX:NWH's Operating Margin % is ranked worse than 69.72% of 545
companies
in the Conglomerates industry
Industry Median: 5.93
vs ASX:NWH: 2.22
NRW Holdings's 5-Year Average Operating Margin % Growth Rate was -15.80% per year.
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.
NRW Holdings Operating Margin % Related Terms
NRW Holdings Operating Margin % Historical Data
* Premium members only.
The historical data trend for NRW 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.
ASX:NWH vs HON, MMM: Operating Margin % Comparison
For the Conglomerates subindustry, NRW 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.
NRW Holdings Operating Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, NRW Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where NRW Holdings'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.
NRW Holdings's Operating Margin % for the fiscal year that ended in Jun. 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.
NRW Holdings (ASX:NWH) has a Operating Margin % of 5.41% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on NRW Holdings and its competitors. This is near median its historical median of 5.50. Over the past decade, NRW Holdings' Operating Margin % has ranged from 1.63 to 14.94. According to the industry distribution chart, NRW Holdings ranks #380 out of 545 companies in the Conglomerates industry, placing it in the top 69.7%.
Is NRW Holdings' Operating Margin % too high?
NRW Holdings' current Operating Margin % of 5.41% is near median its 10-year median of 5.50. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 14.94. The Conglomerates industry median Operating Margin % is 5.93. NRW Holdings' value of 5.41% is 8.8% below this industry median. Based on the distribution chart, NRW Holdings ranks #380 out of 545 companies in the Conglomerates industry, which is below the industry midpoint. Overall, NRW Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NRW Holdings' Operating Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, NRW Holdings ranks #380 out of 545 companies for Operating Margin %. This places NRW Holdings in the lower half of its industry. The industry median Operating Margin % is 5.93. NRW Holdings' value of 5.41% is 8.8% below this benchmark. Historically, NRW Holdings' own Operating Margin % has ranged from 1.63 to 14.94 over the past decade. While the company's 10-year median is 5.50 vs. the industry median of 5.93, NRW Holdings has consistently been below 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 Conglomerates company?
The median Operating Margin % among Conglomerates companies is 5.93, based on 545 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. NRW Holdings's current Operating Margin % of 5.41% is 8.8% below 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 NRW Holdings and its competitors. For the Conglomerates industry, the median Operating Margin % is 5.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NRW Holdings's current Operating Margin % is 5.41%, which is near median its own 10-year median of 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NRW Holdings stock overvalued right now?
Based on GuruFocus' analysis, NRW Holdings (ASX:NWH) is currently considered Significantly Overvalued. The stock's GF Value™ is A$4.40, compared to a current price of A$7.20 — trading 63.6% above its estimated fair value. The current Operating Margin % is 5.41%, which is near median its 10-year median of 5.50 and 8.8% below the Conglomerates industry median of 5.93. NRW Holdings' overall GF Score™ is 76/100 with 4 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 NRW Holdings (ASX:NWH), the current Operating Margin % is 5.41% 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.
Is NRW Holdings (ASX:NWH) Overvalued in 2026?
Based on GuruFocus' analysis, NRW Holdings stock appears to be overvalued.
The current stock price of A$7.20 is trading 63.6% above its estimated GF Value™ of A$4.40.
GuruFocus considers NRW Holdings to be Significantly Overvalued.
Key valuation signals for ASX:NWH:
Operating Margin %: 5.41% (near median its 10-year median of 5.50)
GF Value™: A$4.40 vs. price of A$7.20 (63.6% above fair value)
Industry Position: 8.8% below the Conglomerates median (#380 of 545)
No single metric tells the full story. See the ASX:NWH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NRW Holdings Ltd is a provider of diversified contract services to the resources and infrastructure sectors. The company's operating segment includes Civil; Mining and Minerals, Energy & Technologies. It generates maximum revenue from the Mining segment. The Mining business specialises in mine management, contract mining, load and haul, dragline operations, drill and blast, coal handling prep plants, maintenance services, and the fabrication of water and service vehicles.
76GF Score
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