Ichitan Group PCLBKK:ICHI-R 94 Operating Margin % is 17.10% as of Mar. 2026, which is 48% above its 10-year median of 11.54. GuruFocus rates BKK:ICHI-R with a GF Score™ of 94/100 and a GF Value™ of ฿11.86. The stock has 2 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, Ichitan Group PCL ranks better than 83.62% on this metric.
Ichitan Group PCL operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Ichitan Group PCL's Operating Margin % or its related term are showing as below:
BKK:ICHI-R'
s Operating Margin % Range Over the Past 10 Years
Min: 2.59 Med: 11.54 Max: 19.58
Current: 18.24
BKK:ICHI-R's Operating Margin % is ranked better than 83.62% of 116
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 8.975
vs BKK:ICHI-R: 18.24
Ichitan Group PCL's 5-Year Average Operating Margin % Growth Rate was 10.90% per year.
Ichitan Group PCL (BKK:ICHI-R) 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.
Ichitan Group PCL Operating Margin % Related Terms
Ichitan Group PCL Operating Margin % Historical Data
* Premium members only.
The historical data trend for Ichitan Group 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.
BKK:ICHI-R vs KO, PEP, MNST: Operating Margin % Comparison
For the Beverages - Non-Alcoholic subindustry, Ichitan Group 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.
Ichitan Group PCL Operating Margin % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ichitan Group PCL's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Ichitan Group 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.
Ichitan Group 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.
Ichitan Group PCL (BKK:ICHI-R) has a Operating Margin % of 17.10% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Ichitan Group PCL and its competitors. This is 48% above median its historical median of 11.54. Over the past decade, Ichitan Group PCL's Operating Margin % has ranged from 2.59 to 19.58. According to the industry distribution chart, Ichitan Group PCL ranks #19 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 16.4%.
Is Ichitan Group PCL's Operating Margin % too high?
Ichitan Group PCL's current Operating Margin % of 17.10% is 48% above median its 10-year median of 11.54. Over the past 10 years, this metric has ranged from a low of 2.59 to a high of 19.58. The Beverages - Non-Alcoholic industry median Operating Margin % is 8.98. Ichitan Group PCL's value of 17.10% is 90.5% above this industry median. Based on the distribution chart, Ichitan Group PCL ranks #19 out of 116 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Ichitan Group PCL has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Ichitan Group PCL's Operating Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Ichitan Group PCL ranks #19 out of 116 companies for Operating Margin %. This places Ichitan Group PCL in the top 16% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 8.98. Ichitan Group PCL's value of 17.10% is 90.5% above this benchmark. Historically, Ichitan Group PCL's own Operating Margin % has ranged from 2.59 to 19.58 over the past decade. While the company's 10-year median is 11.54 vs. the industry median of 8.98, Ichitan Group 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 Beverages - Non-Alcoholic company?
The median Operating Margin % among Beverages - Non-Alcoholic companies is 8.98, based on 116 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. Ichitan Group PCL's current Operating Margin % of 17.10% is 90.5% 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 Ichitan Group PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median Operating Margin % is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichitan Group PCL's current Operating Margin % is 17.10%, which is 48% above median its own 10-year median of 11.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichitan Group PCL stock overvalued right now?
Ichitan Group PCL (BKK:ICHI-R) has a current Operating Margin % of 17.10%. The stock's GF Value™ is ฿11.86, compared to a current price of ฿10.60 — trading 10.6% below its estimated fair value. The current Operating Margin % is 17.10%, which is 48% above median its 10-year median of 11.54 and 90.5% above the Beverages - Non-Alcoholic industry median of 8.98. Ichitan Group PCL's overall GF Score™ is 94/100 with 2 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 Ichitan Group PCL (BKK:ICHI-R), the current Operating Margin % is 17.10% 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 Ichitan Group PCL (BKK:ICHI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Ichitan Group PCL stock appears to be undervalued.
The current stock price of ฿10.60 is trading 10.6% below its estimated GF Value™ of ฿11.86.
Key valuation signals for BKK:ICHI-R:
Operating Margin %: 17.10% (48% above median its 10-year median of 11.54)
GF Value™: ฿11.86 vs. price of ฿10.60 (10.6% below fair value)
Industry Position: 90.5% above the Beverages - Non-Alcoholic median (#19 of 116)
No single metric tells the full story. See the BKK:ICHI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. It manufactures and sells ready to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brand name of Ichitan Green Tea. Majority of the revenue for the company is generated from Thailand and rest from overseas markets.
94GF Score
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