Zain Bahrain BSCBAH:ZAINBH 59 Operating Margin % is 6.60% as of Mar. 2026, which is 27% below its 10-year median of 9.04. GuruFocus rates BAH:ZAINBH with a GF Score™ of 59/100 and a GF Value™ of BHD0.13 (Fairly Valued). The stock has 3 warning signs investors should review. Among 367 Telecommunication Services companies, Zain Bahrain BSC ranks worse than 56.68% on this metric.
Zain Bahrain BSC operating margin has been in a 5-year decline. The average rate of decline per year is -6.6%.
The historical rank and industry rank for Zain Bahrain BSC's Operating Margin % or its related term are showing as below:
BAH:ZAINBH'
s Operating Margin % Range Over the Past 10 Years
Min: 7.05 Med: 9.04 Max: 10.23
Current: 8.04
BAH:ZAINBH's Operating Margin % is ranked worse than 56.68% of 367
companies
in the Telecommunication Services industry
Industry Median: 9.73
vs BAH:ZAINBH: 8.04
Zain Bahrain BSC's 5-Year Average Operating Margin % Growth Rate was -6.60% 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.
Zain Bahrain BSC Operating Margin % Related Terms
Zain Bahrain BSC Operating Margin % Historical Data
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The historical data trend for Zain Bahrain BSC'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.
BAH:ZAINBH vs TMUS, VZ, T: Operating Margin % Comparison
For the Telecom Services subindustry, Zain Bahrain BSC'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.
Zain Bahrain BSC Operating Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Zain Bahrain BSC's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Zain Bahrain BSC'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.
Zain Bahrain BSC'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.
Zain Bahrain BSC (BAH:ZAINBH) has a Operating Margin % of 6.60% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Zain Bahrain BSC and its competitors. This is 27% below median its historical median of 9.04. Over the past decade, Zain Bahrain BSC's Operating Margin % has ranged from 7.05 to 10.23. According to the industry distribution chart, Zain Bahrain BSC ranks #208 out of 367 companies in the Telecommunication Services industry, placing it in the top 56.7%.
Is Zain Bahrain BSC's Operating Margin % too high?
Zain Bahrain BSC's current Operating Margin % of 6.60% is 27% below median its 10-year median of 9.04. Over the past 10 years, this metric has ranged from a low of 7.05 to a high of 10.23. The Telecommunication Services industry median Operating Margin % is 9.73. Zain Bahrain BSC's value of 6.60% is 32.2% below this industry median. Based on the distribution chart, Zain Bahrain BSC ranks #208 out of 367 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Zain Bahrain BSC has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zain Bahrain BSC's Operating Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Zain Bahrain BSC ranks #208 out of 367 companies for Operating Margin %. This places Zain Bahrain BSC in the lower half of its industry. The industry median Operating Margin % is 9.73. Zain Bahrain BSC's value of 6.60% is 32.2% below this benchmark. Historically, Zain Bahrain BSC's own Operating Margin % has ranged from 7.05 to 10.23 over the past decade. While the company's 10-year median is 9.04 vs. the industry median of 9.73, Zain Bahrain BSC 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 Telecommunication Services company?
The median Operating Margin % among Telecommunication Services companies is 9.73, based on 367 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. Zain Bahrain BSC's current Operating Margin % of 6.60% is 32.2% 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 Zain Bahrain BSC and its competitors. For the Telecommunication Services industry, the median Operating Margin % is 9.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zain Bahrain BSC's current Operating Margin % is 6.60%, which is 27% below median its own 10-year median of 9.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zain Bahrain BSC stock overvalued right now?
Based on GuruFocus' analysis, Zain Bahrain BSC (BAH:ZAINBH) is currently considered Fairly Valued. The stock's GF Value™ is BHD0.13, compared to a current price of BHD0.12 — trading 6.9% below its estimated fair value. The current Operating Margin % is 6.60%, which is 27% below median its 10-year median of 9.04 and 32.2% below the Telecommunication Services industry median of 9.73. Zain Bahrain BSC's overall GF Score™ is 59/100 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 Zain Bahrain BSC (BAH:ZAINBH), the current Operating Margin % is 6.60% 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 Zain Bahrain BSC (BAH:ZAINBH) Overvalued in 2026?
Based on GuruFocus' analysis, Zain Bahrain BSC stock appears to be undervalued.
The current stock price of BHD0.12 is trading 6.9% below its estimated GF Value™ of BHD0.13.
GuruFocus considers Zain Bahrain BSC to be Fairly Valued.
Key valuation signals for BAH:ZAINBH:
Operating Margin %: 6.60% (27% below median its 10-year median of 9.04)
GF Value™: BHD0.13 vs. price of BHD0.12 (6.9% below fair value)
Industry Position: 32.2% below the Telecommunication Services median (#208 of 367)
No single metric tells the full story. See the BAH:ZAINBH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zain Bahrain BSC provides telecommunication and related products and services mainly in the Kingdom of Bahrain. Its business involves three main activities: mobile operation, fixed broadband operation, and trading of handsets and accessories. The company offers: 4G LTE and 5G services through its mobile network, broadband services, ICT and digital lifestyle communications services, and trades in mobile phones, earphones, and other electronic accessories through its e-commerce website. The majority of its revenue is generated from the provision of airtime, data, subscription, and other related services. Geographically, the company operates in Kuwait, Bahrain, Iraq, Jordan, Saudi Arabia, Sudan, and South Sudan.
59GF Score
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