MBK PCLBKK:MBK +0.53%77 Operating Margin % is 31.32% as of Mar. 2026, which is 64% above its 10-year median of 19.08. GuruFocus rates BKK:MBK with a GF Score™ of 77/100 and a GF Value™ of ฿18.84 (Fairly Valued). The stock has 8 warning signs investors should review. Among 545 Conglomerates companies, MBK PCL ranks better than 91.56% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. MBK PCL's Operating Income for the
three
months ended in Mar. 2026 was ฿991 Mil. MBK PCL's Revenue for the
three
months ended in Mar. 2026 was ฿3,165 Mil. Therefore, MBK PCL's Operating Margin % for the quarter that ended in Mar. 2026 was 31.32%.
Good Sign:
MBK PCL operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for MBK PCL's Operating Margin % or its related term are showing as below:
BKK:MBK'
s Operating Margin % Range Over the Past 10 Years
Min: 7.16 Med: 19.08 Max: 24.01
Current: 24.01
BKK:MBK's Operating Margin % is ranked better than 91.56% of 545
companies
in the Conglomerates industry
Industry Median: 5.93
vs BKK:MBK: 24.01
MBK PCL's 5-Year Average Operating Margin % Growth Rate was 17.30% per year.
MBK PCL's Operating Income for the
three
months ended in Mar. 2026 was ฿991 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿2,913 Mil.
MBK PCL (BKK:MBK) 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.
MBK PCL Operating Margin % Related Terms
MBK PCL Operating Margin % Historical Data
* Premium members only.
The historical data trend for MBK 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:MBK vs HON, MMM: Operating Margin % Comparison
For the Conglomerates subindustry, MBK 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.
MBK PCL Operating Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, MBK PCL's Operating Margin % distribution charts can be found below:
* The bar in red indicates where MBK 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.
MBK 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.
MBK PCL (BKK:MBK) has a Operating Margin % of 31.32% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on MBK PCL and its competitors. This is 64% above median its historical median of 19.08. Over the past decade, MBK PCL's Operating Margin % has ranged from 7.16 to 24.01. According to the industry distribution chart, MBK PCL ranks #46 out of 545 companies in the Conglomerates industry, placing it in the top 8.4%.
Is MBK PCL's Operating Margin % too high?
MBK PCL's current Operating Margin % of 31.32% is 64% above median its 10-year median of 19.08. Over the past 10 years, this metric has ranged from a low of 7.16 to a high of 24.01. The Conglomerates industry median Operating Margin % is 5.93. MBK PCL's value of 31.32% is 428.2% above this industry median. Based on the distribution chart, MBK PCL ranks #46 out of 545 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, MBK PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MBK PCL's Operating Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, MBK PCL ranks #46 out of 545 companies for Operating Margin %. This places MBK PCL in the top 8% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.93. MBK PCL's value of 31.32% is 428.2% above this benchmark. Historically, MBK PCL's own Operating Margin % has ranged from 7.16 to 24.01 over the past decade. While the company's 10-year median is 19.08 vs. the industry median of 5.93, MBK 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 Conglomerates company?
The median Operating Margin % among Conglomerates companies is 5.93, based on 545 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. MBK PCL's current Operating Margin % of 31.32% is 428.2% 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 MBK PCL and its competitors. For the Conglomerates industry, the median Operating Margin % is 5.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBK PCL's current Operating Margin % is 31.32%, which is 64% above median its own 10-year median of 19.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBK PCL stock overvalued right now?
Based on GuruFocus' analysis, MBK PCL (BKK:MBK) is currently considered Fairly Valued. The stock's GF Value™ is ฿18.84, compared to a current price of ฿19.10 — trading 1.4% above its estimated fair value. The current Operating Margin % is 31.32%, which is 64% above median its 10-year median of 19.08 and 428.2% above the Conglomerates industry median of 5.93. MBK PCL's overall GF Score™ is 77/100 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 MBK PCL (BKK:MBK), the current Operating Margin % is 31.32% 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 MBK PCL (BKK:MBK) Overvalued in 2026?
Based on GuruFocus' analysis, MBK PCL stock appears to be overvalued.
The current stock price of ฿19.10 is trading 1.4% above its estimated GF Value™ of ฿18.84.
GuruFocus considers MBK PCL to be Fairly Valued.
Key valuation signals for BKK:MBK:
Operating Margin %: 31.32% (64% above median its 10-year median of 19.08)
GF Value™: ฿18.84 vs. price of ฿19.10 (1.4% above fair value)
Industry Position: 428.2% above the Conglomerates median (#46 of 545)
No single metric tells the full story. See the BKK:MBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MBK PCL is engaged in multiple businesses. Its businesses includes Shopping center business, Hotel and tourism business, Golf business, Real estate business, Food solutions business, Financial business, Auction business, Corporate supporting center and other business. Shopping center business engages in the business of rental space to retail tenants in the shopping centers and the business of office space for rent. The hotel and tourism business engages in providing for lodging, food and drink, and other facilities and services related for accommodation and travel. Golf business engages in golf services. Real estate business engages in residential for sale, property management and asset appraisal. Auction business engages in the business of car and motorcycle auction.
77GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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