Dexon Technology PCL (BKK:DEXON) Operating Margin %: 1.74% (As of Dec. 2025) — 73% Below Median


BKK:DEXON Dexon Technology PCL BKK:DEXON
39 GF Score
Price ฿0.84
GF Value ฿2.00
Valuation Possible Value Trap
! 1 Warning Sign
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What is Dexon Technology PCL Operating Margin %?

Dexon Technology PCL BKK:DEXON -1.18% 39 Operating Margin % is 1.74% as of Dec. 2025, which is 73% below its 10-year median of 6.36. GuruFocus rates BKK:DEXON with a GF Score™ of 39/100 and a GF Value™ of ฿2.00 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 919 Oil & Gas companies, Dexon Technology PCL ranks worse than 80.09% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Dexon Technology PCL's Operating Income for the three months ended in Dec. 2025 was ฿4.6 Mil. Dexon Technology PCL's Revenue for the three months ended in Dec. 2025 was ฿265.7 Mil. Therefore, Dexon Technology PCL's Operating Margin % for the quarter that ended in Dec. 2025 was 1.74%.

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

BKK:DEXON' s Operating Margin % Range Over the Past 10 Years
Min: -6.24   Med: 6.36   Max: 19.8
Current: -6.24


BKK:DEXON's Operating Margin % is ranked worse than
80.09% of 919 companies
in the Oil & Gas industry
Industry Median: 6.94 vs BKK:DEXON: -6.24

Dexon Technology PCL's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Dexon Technology PCL's Operating Income for the three months ended in Dec. 2025 was ฿4.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was ฿-50.6 Mil.


Dexon Technology PCL  (BKK:DEXON) 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.


Dexon Technology PCL Operating Margin % Related Terms


Dexon Technology PCL Operating Margin % Historical Data

* Premium members only.

The historical data trend for Dexon Technology 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.

Dexon Technology PCL Operating Margin % Chart

Dexon Technology PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
6.36 19.80 8.80 4.82 -6.18

Dexon Technology PCL Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 9.86 -12.76 -12.25 -6.34 1.74

BKK:DEXON vs SLB, BKR, HAL: Operating Margin % Comparison

For the Oil & Gas Equipment & Services subindustry, Dexon Technology 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.


Dexon Technology PCL Operating Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dexon Technology PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Dexon Technology PCL's Operating Margin % falls into.


BKK:DEXON
39GF Score
Dexon Technology PCL BKK:DEXON
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dexon Technology PCL 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.

Dexon Technology PCL's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-50.1 / 810.764
=-6.18 %

Dexon Technology PCL'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 )
=4.631 / 265.68
=1.74 %

* 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 1.74% mean?
Dexon Technology PCL (BKK:DEXON) has a Operating Margin % of 1.74% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Dexon Technology PCL and its competitors. This is 73% below median its historical median of 6.36. According to the industry distribution chart, Dexon Technology PCL ranks #736 out of 919 companies in the Oil & Gas industry, placing it in the top 80.1%.
Is Dexon Technology PCL's Operating Margin % too high?
Dexon Technology PCL's current Operating Margin % of 1.74% is 73% below median its 10-year median of 6.36. The Oil & Gas industry median Operating Margin % is 6.94. Dexon Technology PCL's value of 1.74% is 74.9% below this industry median. Based on the distribution chart, Dexon Technology PCL ranks #736 out of 919 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Dexon Technology PCL has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dexon Technology PCL's Operating Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Dexon Technology PCL ranks #736 out of 919 companies for Operating Margin %. This places Dexon Technology PCL in the lower half of its industry. The industry median Operating Margin % is 6.94. Dexon Technology PCL's value of 1.74% is 74.9% below this benchmark. While the company's 10-year median is 6.36 vs. the industry median of 6.94, Dexon Technology 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 an Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.94, based on 919 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. Dexon Technology PCL's current Operating Margin % of 1.74% is 74.9% 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 Dexon Technology PCL and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dexon Technology PCL's current Operating Margin % is 1.74%, which is 73% below median its own 10-year median of 6.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexon Technology PCL stock overvalued right now?
Based on GuruFocus' analysis, Dexon Technology PCL (BKK:DEXON) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.00, compared to a current price of ฿0.84 — trading 58% below its estimated fair value. The current Operating Margin % is 1.74%, which is 73% below median its 10-year median of 6.36 and 74.9% below the Oil & Gas industry median of 6.94. Dexon Technology PCL's overall GF Score™ is 39/100 with 1 warning sign 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 Dexon Technology PCL (BKK:DEXON), the current Operating Margin % is 1.74% 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 Dexon Technology PCL (BKK:DEXON) Overvalued in 2026?

Based on GuruFocus' analysis, Dexon Technology PCL stock appears to be undervalued. The current stock price of ฿0.84 is trading 58% below its estimated GF Value™ of ฿2.00. GuruFocus considers Dexon Technology PCL to be Possible Value Trap.

Key valuation signals for BKK:DEXON:

  • Operating Margin %: 1.74% (73% below median its 10-year median of 6.36)
  • GF Value™: ฿2.00 vs. price of ฿0.84 (58% below fair value)
  • GF Score™: 39/100 with 1 warning sign
  • Industry Position: 74.9% below the Oil & Gas median (#736 of 919)

No single metric tells the full story. See the BKK:DEXON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dexon Technology PCL Business Description

Industry EnergyOil & Gas
Address Sukhumvit Road, 78/4-5 Moo 6, Ban Chang, Rayong, THA, 21130
Dexon Technology PCL provides non-destructive inspection services, inspection training across a range of inspection standards, and distributes tools, spare parts, and equipment used for the inspection of goods quality. The Group is organised into business units based on its services and has eight reportable segments as follows: Conventional non-destructive inspection; Advance non-destructive testing technology; Advance in-line inspection technology; Research and development innovation; Asset integrity management service; Mechanical and maintenance personnel services; Training services; and Sales. It generates the majority of its revenue from Advance inspection technology.
39GF Score

Get the complete analysis for BKK:DEXON

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.84
Price
฿2.00
GF Value