G J Steel PCL (BKK:GJS) Operating Margin %: -2.88% (As of Mar. 2026)


BKK:GJS G J Steel PCL BKK:GJS
27 GF Score
Price ฿0.13
GF Value ฿0.16
Valuation Modestly Undervalued
! 5 Warning Signs
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What is G J Steel PCL Operating Margin %?

G J Steel PCL BKK:GJS -7.14% 27 Operating Margin % is -2.88% as of Mar. 2026. GuruFocus rates BKK:GJS with a GF Score™ of 27/100 and a GF Value™ of ฿0.16 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 616 Steel companies, G J Steel PCL ranks worse than 89.61% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. G J Steel PCL's Operating Income for the three months ended in Mar. 2026 was ฿-119 Mil. G J Steel PCL's Revenue for the three months ended in Mar. 2026 was ฿4,128 Mil. Therefore, G J Steel PCL's Operating Margin % for the quarter that ended in Mar. 2026 was -2.88%.

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

BKK:GJS' s Operating Margin % Range Over the Past 10 Years
Min: -11.39   Med: -3.11   Max: 16.79
Current: -8.31


BKK:GJS's Operating Margin % is ranked worse than
89.61% of 616 companies
in the Steel industry
Industry Median: 3 vs BKK:GJS: -8.31

G J Steel PCL's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

G J Steel PCL's Operating Income for the three months ended in Mar. 2026 was ฿-119 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿-1,046 Mil.


G J Steel PCL  (BKK:GJS) 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.


G J Steel PCL Operating Margin % Related Terms


G J Steel PCL Operating Margin % Historical Data

* Premium members only.

The historical data trend for G J Steel 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.

G J Steel PCL Operating Margin % Chart

G J Steel 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 16.79 2.31 -4.85 -9.56 -11.39

G J Steel 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 -13.88 -12.91 -10.76 -9.12 -2.88

BKK:GJS vs NUE, STLD, RS: Operating Margin % Comparison

For the Steel subindustry, G J Steel 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.


G J Steel PCL Operating Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, G J Steel PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where G J Steel PCL's Operating Margin % falls into.


BKK:GJS
27GF Score
G J Steel PCL BKK:GJS
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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G J Steel 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.

G J Steel 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 )
=-1224.388 / 10750.205
=-11.39 %

G J Steel 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 )
=-118.987 / 4128.046
=-2.88 %

* 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 -2.88% mean?
G J Steel PCL (BKK:GJS) has a Operating Margin % of -2.88% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on G J Steel PCL and its competitors. According to the industry distribution chart, G J Steel PCL ranks #552 out of 616 companies in the Steel industry, placing it in the top 89.6%.
Is G J Steel PCL's Operating Margin % too high?
G J Steel PCL's current Operating Margin % is -2.88%. Based on the distribution chart, G J Steel PCL ranks #552 out of 616 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, G J Steel PCL has a GF Score™ of 27/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does G J Steel PCL's Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, G J Steel PCL ranks #552 out of 616 companies for Operating Margin %. This places G J Steel PCL in the lower half of its industry. The industry median Operating Margin % is 3.00. 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 Steel company?
The median Operating Margin % among Steel companies is 3.00, based on 616 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. 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 G J Steel PCL and its competitors. For the Steel industry, the median Operating Margin % is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G J Steel PCL's current Operating Margin % is -2.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G J Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, G J Steel PCL (BKK:GJS) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.16, compared to a current price of ฿0.13 — trading 18.8% below its estimated fair value. The current Operating Margin % is -2.88%. G J Steel PCL's overall GF Score™ is 27/100 with 5 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 G J Steel PCL (BKK:GJS), the current Operating Margin % is -2.88% 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 G J Steel PCL (BKK:GJS) Overvalued in 2026?

Based on GuruFocus' analysis, G J Steel PCL stock appears to be undervalued. The current stock price of ฿0.13 is trading 18.8% below its estimated GF Value™ of ฿0.16. GuruFocus considers G J Steel PCL to be Modestly Undervalued.

Key valuation signals for BKK:GJS:

  • Operating Margin %: -2.88%
  • GF Value™: ฿0.16 vs. price of ฿0.13 (18.8% below fair value)
  • GF Score™: 27/100 with 5 warning signs

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


G J Steel PCL Business Description

Address Silom Road, Suriyawong, 88 Paso Tower, 24th Floor, Bangrak, Bangkok, THA, 10500
G J Steel PCL is engaged in the manufacturing and distribution of hot rolled coil steel products. Its main products are hot-rolled coils (HRC) and tempered hot-rolled coils. The company distributes its products which are further used as a raw material to produce various products like, automotive parts, gas cylinder, pressure vessel, home appliance, and pipes. The company operates in a single segment, which is manufacturing of hot rolled coil steel products. Geographically, it operates and generates revenue only from Thailand.
27GF Score

Get the complete analysis for BKK:GJS

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

฿0.13
Price
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GF Value