Eastern Star Real Estate PCL (BKK:ESTAR) Operating Margin %: 8.10% (As of Mar. 2026) — 54% Above Median


BKK:ESTAR Eastern Star Real Estate PCL BKK:ESTAR
47 GF Score
Price ฿0.20
GF Value ฿0.35
Valuation Possible Value Trap
! 8 Warning Signs
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What is Eastern Star Real Estate PCL Operating Margin %?

Eastern Star Real Estate PCL BKK:ESTAR -4.76% 47 Operating Margin % is 8.10% as of Mar. 2026, which is 54% above its 10-year median of 5.27. GuruFocus rates BKK:ESTAR with a GF Score™ of 47/100 and a GF Value™ of ฿0.35 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,745 Real Estate companies, Eastern Star Real Estate PCL ranks worse than 59.08% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Eastern Star Real Estate PCL's Operating Income for the three months ended in Mar. 2026 was ฿42 Mil. Eastern Star Real Estate PCL's Revenue for the three months ended in Mar. 2026 was ฿520 Mil. Therefore, Eastern Star Real Estate PCL's Operating Margin % for the quarter that ended in Mar. 2026 was 8.10%.

The historical rank and industry rank for Eastern Star Real Estate PCL's Operating Margin % or its related term are showing as below:

BKK:ESTAR' s Operating Margin % Range Over the Past 10 Years
Min: -3.46   Med: 5.27   Max: 13.17
Current: 8.94


BKK:ESTAR's Operating Margin % is ranked worse than
59.08% of 1745 companies
in the Real Estate industry
Industry Median: 13.23 vs BKK:ESTAR: 8.94

Eastern Star Real Estate PCL's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Eastern Star Real Estate PCL's Operating Income for the three months ended in Mar. 2026 was ฿42 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿201 Mil.

Warning Sign:

Eastern Star Real Estate PCL has recorded a loss in operating income at least once over the past 3 years.


Eastern Star Real Estate PCL  (BKK:ESTAR) 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.


Eastern Star Real Estate PCL Operating Margin % Related Terms


Eastern Star Real Estate PCL Operating Margin % Historical Data

* Premium members only.

The historical data trend for Eastern Star Real Estate 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.

Eastern Star Real Estate PCL Operating Margin % Chart

Eastern Star Real Estate PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.46 3.20 -0.71 2.29 7.33

Eastern Star Real Estate PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only -3.83 2.78 -10.81 15.32 8.10

Eastern Star Real Estate PCL Operating Margin % Competitor Comparison

For the Real Estate - Development subindustry, Eastern Star Real Estate 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.


Eastern Star Real Estate PCL Operating Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Eastern Star Real Estate PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Eastern Star Real Estate PCL's Operating Margin % falls into.


BKK:ESTAR
47GF Score
Eastern Star Real Estate PCL BKK:ESTAR
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eastern Star Real Estate 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.

Eastern Star Real Estate 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 )
=148.213 / 2022.007
=7.33 %

Eastern Star Real Estate PCL's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=42.091 / 519.519
=8.10 %

* 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 8.10% mean?
Eastern Star Real Estate PCL (BKK:ESTAR) has a Operating Margin % of 8.10% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Eastern Star Real Estate PCL and its competitors. This is 54% above median its historical median of 5.27. According to the industry distribution chart, Eastern Star Real Estate PCL ranks #1031 out of 1745 companies in the Real Estate industry, placing it in the top 59.1%.
Is Eastern Star Real Estate PCL's Operating Margin % too high?
Eastern Star Real Estate PCL's current Operating Margin % of 8.10% is 54% above median its 10-year median of 5.27. The Real Estate industry median Operating Margin % is 13.23. Eastern Star Real Estate PCL's value of 8.10% is 38.8% below this industry median. Based on the distribution chart, Eastern Star Real Estate PCL ranks #1031 out of 1745 companies in the Real Estate industry, which is below the industry midpoint. Overall, Eastern Star Real Estate PCL has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eastern Star Real Estate PCL's Operating Margin % compare to competitors?
According to the Real Estate industry distribution chart, Eastern Star Real Estate PCL ranks #1031 out of 1745 companies for Operating Margin %. This places Eastern Star Real Estate PCL in the lower half of its industry. The industry median Operating Margin % is 13.23. Eastern Star Real Estate PCL's value of 8.10% is 38.8% below this benchmark. While the company's 10-year median is 5.27 vs. the industry median of 13.23, Eastern Star Real Estate 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 Real Estate company?
The median Operating Margin % among Real Estate companies is 13.23, based on 1,745 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. Eastern Star Real Estate PCL's current Operating Margin % of 8.10% is 38.8% 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 Eastern Star Real Estate PCL and its competitors. For the Real Estate industry, the median Operating Margin % is 13.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastern Star Real Estate PCL's current Operating Margin % is 8.10%, which is 54% above median its own 10-year median of 5.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Star Real Estate PCL stock overvalued right now?
Based on GuruFocus' analysis, Eastern Star Real Estate PCL (BKK:ESTAR) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.35, compared to a current price of ฿0.20 — trading 42.9% below its estimated fair value. The current Operating Margin % is 8.10%, which is 54% above median its 10-year median of 5.27 and 38.8% below the Real Estate industry median of 13.23. Eastern Star Real Estate PCL's overall GF Score™ is 47/100 with 8 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 Eastern Star Real Estate PCL (BKK:ESTAR), the current Operating Margin % is 8.10% 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 Eastern Star Real Estate PCL (BKK:ESTAR) Overvalued in 2026?

Based on GuruFocus' analysis, Eastern Star Real Estate PCL stock appears to be undervalued. The current stock price of ฿0.20 is trading 42.9% below its estimated GF Value™ of ฿0.35. GuruFocus considers Eastern Star Real Estate PCL to be Possible Value Trap.

Key valuation signals for BKK:ESTAR:

  • Operating Margin %: 8.10% (54% above median its 10-year median of 5.27)
  • GF Value™: ฿0.35 vs. price of ฿0.20 (42.9% below fair value)
  • GF Score™: 47/100 with 8 warning signs
  • Industry Position: 38.8% below the Real Estate median (#1031 of 1745)

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


Eastern Star Real Estate PCL Business Description

Address Ploenchit Road, 5th Floor, No.898 Ploenchit Tower Building, Lumpini, Pathumwan, Bangkok, THA, 10330
Eastern Star Real Estate PCL is a company engaged in the real estate development business. It undertakes housing and condominium projects. The group operates in four business segments, namely, the Real estate business, Golf course business, Rental business, and property rental business segment, of which a majority of the revenue is derived from the Real estate business. The company and its subsidiaries operate only in Thailand.
47GF Score

Get the complete analysis for BKK:ESTAR

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

฿0.20
Price
฿0.35
GF Value