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Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) 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.
Hydrogen Freehold and Leasehold REIT Operating Margin % Related Terms
Hydrogen Freehold and Leasehold REIT Operating Margin % Historical Data
* 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.
Hydrogen Freehold and Leasehold REIT Operating Margin % Chart
Hydrogen Freehold and Leasehold REIT Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Operating Margin %
78.52
79.67
79.59
73.19
Hydrogen Freehold and Leasehold REIT Quarterly Data
BKK:HYDROGEN vs VICI, WPC, BNL: Operating Margin % Comparison
For the REIT - Diversified subindustry, Hydrogen Freehold and Leasehold REIT'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.
Hydrogen Freehold and Leasehold REIT Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Hydrogen Freehold and Leasehold REIT's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Hydrogen Freehold and Leasehold REIT's Operating Margin % falls into.
Hydrogen Freehold and Leasehold REIT 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.
* 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.
Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) has a Operating Margin % of 78.11% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Hydrogen Freehold and Leasehold REIT and its competitors. This is near median its historical median of 79.06. Over the past decade, Hydrogen Freehold and Leasehold REIT's Operating Margin % has ranged from 72.36 to 79.67. According to the industry distribution chart, Hydrogen Freehold and Leasehold REIT ranks #139 out of 736 companies in the REITs industry, placing it in the top 18.9%.
Is Hydrogen Freehold and Leasehold REIT's Operating Margin % too high?
Hydrogen Freehold and Leasehold REIT's current Operating Margin % of 78.11% is near median its 10-year median of 79.06. Over the past 10 years, this metric has ranged from a low of 72.36 to a high of 79.67. The REITs industry median Operating Margin % is 52.14. Hydrogen Freehold and Leasehold REIT's value of 78.11% is 49.8% above this industry median. Based on the distribution chart, Hydrogen Freehold and Leasehold REIT ranks #139 out of 736 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hydrogen Freehold and Leasehold REIT has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hydrogen Freehold and Leasehold REIT's Operating Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Hydrogen Freehold and Leasehold REIT ranks #139 out of 736 companies for Operating Margin %. This places Hydrogen Freehold and Leasehold REIT in the top 19% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 52.14. Hydrogen Freehold and Leasehold REIT's value of 78.11% is 49.8% above this benchmark. Historically, Hydrogen Freehold and Leasehold REIT's own Operating Margin % has ranged from 72.36 to 79.67 over the past decade. While the company's 10-year median is 79.06 vs. the industry median of 52.14, Hydrogen Freehold and Leasehold REIT 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 REITs company?
The median Operating Margin % among REITs companies is 52.14, based on 736 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. Hydrogen Freehold and Leasehold REIT's current Operating Margin % of 78.11% is 49.8% 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 Hydrogen Freehold and Leasehold REIT and its competitors. For the REITs industry, the median Operating Margin % is 52.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydrogen Freehold and Leasehold REIT's current Operating Margin % is 78.11%, which is near median its own 10-year median of 79.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydrogen Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.93, compared to a current price of ฿8.20 — trading 17.4% below its estimated fair value. The current Operating Margin % is 78.11%, which is near median its 10-year median of 79.06 and 49.8% above the REITs industry median of 52.14. Hydrogen Freehold and Leasehold REIT's overall GF Score™ is 57/100 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 Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN), the current Operating Margin % is 78.11% 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 Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) Overvalued in 2026?
Based on GuruFocus' analysis, Hydrogen Freehold and Leasehold REIT stock appears to be undervalued.
The current stock price of ฿8.20 is trading 17.4% below its estimated GF Value™ of ฿9.93.
GuruFocus considers Hydrogen Freehold and Leasehold REIT to be Modestly Undervalued.
Key valuation signals for BKK:HYDROGEN:
Operating Margin %: 78.11% (near median its 10-year median of 79.06)
GF Value™: ฿9.93 vs. price of ฿8.20 (17.4% below fair value)
Industry Position: 49.8% above the REITs median (#139 of 736)
No single metric tells the full story. See the BKK:HYDROGEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hydrogen Freehold and Leasehold REIT is a close-ended trust that invests in the freehold rights, the leasehold and sub-leasehold rights over parts of land, factory, warehouse, and moveable properties of Saha Group Industrial Park - Kabinburi; Saha Group Industrial Park - Mae Sot, Saha Group Industrial Park - Sriracha, and Tiger Suvarnabhumi Distribution Center - Lat Krabang.
57GF Score
Get the complete analysis for BKK:HYDROGEN
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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