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AIRA Capital PCLBKK:AIRA -1.96%45 Operating Margin % is 7.37% as of Mar. 2026, which is 31% below its 10-year median of 10.74. GuruFocus rates BKK:AIRA with a GF Score™ of 45/100 and a GF Value™ of ฿1.37 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 666 Capital Markets companies, AIRA Capital PCL ranks better than 55.41% on this metric.
AIRA Capital PCL (BKK:AIRA) 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.
AIRA Capital PCL Operating Margin % Related Terms
AIRA Capital PCL Operating Margin % Historical Data
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The historical data trend for AIRA Capital PCL'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.
BKK:AIRA vs MS, GS, SCHW: Operating Margin % Comparison
For the Capital Markets subindustry, AIRA Capital PCL'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.
AIRA Capital PCL Operating Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, AIRA Capital PCL's Operating Margin % distribution charts can be found below:
* The bar in red indicates where AIRA Capital PCL'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.
AIRA Capital PCL'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.
AIRA Capital PCL (BKK:AIRA) has a Operating Margin % of 7.37% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on AIRA Capital PCL and its competitors. This is 31% below median its historical median of 10.74. Over the past decade, AIRA Capital PCL's Operating Margin % has ranged from 7.83 to 19.33. According to the industry distribution chart, AIRA Capital PCL ranks #297 out of 666 companies in the Capital Markets industry, placing it in the top 44.6%.
Is AIRA Capital PCL's Operating Margin % too high?
AIRA Capital PCL's current Operating Margin % of 7.37% is 31% below median its 10-year median of 10.74. Over the past 10 years, this metric has ranged from a low of 7.83 to a high of 19.33. The Capital Markets industry median Operating Margin % is 7.44. AIRA Capital PCL's value of 7.37% is 0.9% below this industry median. Based on the distribution chart, AIRA Capital PCL ranks #297 out of 666 companies in the Capital Markets industry, which is above the industry midpoint. Overall, AIRA Capital PCL has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AIRA Capital PCL's Operating Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, AIRA Capital PCL ranks #297 out of 666 companies for Operating Margin %. This puts AIRA Capital PCL in the upper half of its industry. The industry median Operating Margin % is 7.44. AIRA Capital PCL's value of 7.37% is 0.9% below this benchmark. Historically, AIRA Capital PCL's own Operating Margin % has ranged from 7.83 to 19.33 over the past decade. While the company's 10-year median is 10.74 vs. the industry median of 7.44, AIRA Capital PCL 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 Capital Markets company?
The median Operating Margin % among Capital Markets companies is 7.44, based on 666 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. AIRA Capital PCL's current Operating Margin % of 7.37% is 0.9% 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 AIRA Capital PCL and its competitors. For the Capital Markets industry, the median Operating Margin % is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIRA Capital PCL's current Operating Margin % is 7.37%, which is 31% below median its own 10-year median of 10.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIRA Capital PCL stock overvalued right now?
Based on GuruFocus' analysis, AIRA Capital PCL (BKK:AIRA) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.37, compared to a current price of ฿1.00 — trading 27% below its estimated fair value. The current Operating Margin % is 7.37%, which is 31% below median its 10-year median of 10.74 and 0.9% below the Capital Markets industry median of 7.44. AIRA Capital PCL's overall GF Score™ is 45/100 with 6 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 AIRA Capital PCL (BKK:AIRA), the current Operating Margin % is 7.37% 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 AIRA Capital PCL (BKK:AIRA) Overvalued in 2026?
Based on GuruFocus' analysis, AIRA Capital PCL stock appears to be undervalued.
The current stock price of ฿1.00 is trading 27% below its estimated GF Value™ of ฿1.37.
GuruFocus considers AIRA Capital PCL to be Modestly Undervalued.
Key valuation signals for BKK:AIRA:
Operating Margin %: 7.37% (31% below median its 10-year median of 10.74)
GF Value™: ฿1.37 vs. price of ฿1.00 (27% below fair value)
Industry Position: 0.9% below the Capital Markets median (#297 of 666)
No single metric tells the full story. See the BKK:AIRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AIRA Capital PCL is an investment firm investing in other companies. The company operates business segments namely Securities and investment business segment, which services a securities and derivatives brokerage, securities trading and investment; Advisory and investment banking segment, which services an investment and financial advisory, underwriting and private fund management; Factoring segment, which purchases account receivables; Rental and service business segment, which engages in finance lease, hire purchase and operating lease for industrial equipment and machines and Property development segment which involves the development of properties. It derives the majority of its income from brokerage fees, management fees, and interest and dividends on investments.
45GF Score
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