BEC World PCLBKK:BEC -0.50%70 Operating Margin % is 6.44% as of Mar. 2026, which is 20% above its 10-year median of 5.35. GuruFocus rates BKK:BEC with a GF Score™ of 70/100 and a GF Value™ of ฿3.49 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,023 Media - Diversified companies, BEC World PCL ranks better than 63.44% on this metric.
BEC World PCL (BKK:BEC) 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.
BEC World PCL Operating Margin % Related Terms
BEC World PCL Operating Margin % Historical Data
* Premium members only.
The historical data trend for BEC World 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.
For the Broadcasting subindustry, BEC World 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.
BEC World PCL Operating Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, BEC World PCL's Operating Margin % distribution charts can be found below:
* The bar in red indicates where BEC World 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.
BEC World 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.
BEC World PCL (BKK:BEC) has a Operating Margin % of 6.44% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on BEC World PCL and its competitors. This is 20% above median its historical median of 5.35. According to the industry distribution chart, BEC World PCL ranks #374 out of 1023 companies in the Media - Diversified industry, placing it in the top 36.6%.
Is BEC World PCL's Operating Margin % too high?
BEC World PCL's current Operating Margin % of 6.44% is 20% above median its 10-year median of 5.35. The Media - Diversified industry median Operating Margin % is 2.51. BEC World PCL's value of 6.44% is 156.6% above this industry median. Based on the distribution chart, BEC World PCL ranks #374 out of 1023 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, BEC World PCL has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BEC World PCL's Operating Margin % compare to NXST?
According to the Media - Diversified industry distribution chart, BEC World PCL ranks #374 out of 1023 companies for Operating Margin %. This puts BEC World PCL in the upper half of its industry. The industry median Operating Margin % is 2.51. BEC World PCL's value of 6.44% is 156.6% above this benchmark. While the company's 10-year median is 5.35 vs. the industry median of 2.51, BEC World PCL 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 Media - Diversified company?
The median Operating Margin % among Media - Diversified companies is 2.51, based on 1,023 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. BEC World PCL's current Operating Margin % of 6.44% is 156.6% 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 BEC World PCL and its competitors. For the Media - Diversified industry, the median Operating Margin % is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BEC World PCL's current Operating Margin % is 6.44%, which is 20% above median its own 10-year median of 5.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BEC World PCL stock overvalued right now?
Based on GuruFocus' analysis, BEC World PCL (BKK:BEC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿3.49, compared to a current price of ฿1.99 — trading 43% below its estimated fair value. The current Operating Margin % is 6.44%, which is 20% above median its 10-year median of 5.35 and 156.6% above the Media - Diversified industry median of 2.51. BEC World PCL's overall GF Score™ is 70/100 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 BEC World PCL (BKK:BEC), the current Operating Margin % is 6.44% 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 BEC World PCL (BKK:BEC) Overvalued in 2026?
Based on GuruFocus' analysis, BEC World PCL stock appears to be undervalued.
The current stock price of ฿1.99 is trading 43% below its estimated GF Value™ of ฿3.49.
GuruFocus considers BEC World PCL to be Possible Value Trap.
Key valuation signals for BKK:BEC:
Operating Margin %: 6.44% (20% above median its 10-year median of 5.35)
GF Value™: ฿3.49 vs. price of ฿1.99 (43% below fair value)
Industry Position: 156.6% above the Media - Diversified median (#374 of 1023)
No single metric tells the full story. See the BKK:BEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BEC World PCL is engaged in providing, producing TV programmes and selling air time, artist management including management services to subsidiaries. It operates in two main business areas: 1) Content business group - television platform, digital platform, international licensing distribution, and services for sourcing and producing entertainment and documentary programs; and 2) Support business group. The company and its subsidiaries operate in one industrial segment, that is the business of entertainment and recreation, which operates in the geographical area, Thailand.
70GF Score
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