Market Connections Asia PCL (BKK:MCA) Operating Margin %: 3.39% (As of Mar. 2026) — Near Median

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BKK:MCA Market Connections Asia PCL BKK:MCA
42 GF Score
Price ฿1.32
GF Value ฿1.80
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Market Connections Asia PCL Operating Margin %?

Market Connections Asia PCL BKK:MCA -0.75% 42 Operating Margin % is 3.39% as of Mar. 2026, which is 8% below its 10-year median of 3.69. GuruFocus rates BKK:MCA with a GF Score™ of 42/100 and a GF Value™ of ฿1.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,010 Media - Diversified companies, Market Connections Asia PCL ranks better than 52.57% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Market Connections Asia PCL's Operating Income for the three months ended in Mar. 2026 was ฿8.1 Mil. Market Connections Asia PCL's Revenue for the three months ended in Mar. 2026 was ฿239.0 Mil. Therefore, Market Connections Asia PCL's Operating Margin % for the quarter that ended in Mar. 2026 was 3.39%.

The historical rank and industry rank for Market Connections Asia PCL's Operating Margin % or its related term are showing as below:

BKK:MCA' s Operating Margin % Range Over the Past 10 Years
Min: 1.74   Med: 3.69   Max: 6.44
Current: 3.12


BKK:MCA's Operating Margin % is ranked better than
52.57% of 1010 companies
in the Media - Diversified industry
Industry Median: 2.47 vs BKK:MCA: 3.12

Market Connections Asia PCL's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Market Connections Asia PCL's Operating Income for the three months ended in Mar. 2026 was ฿8.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿27.3 Mil.


Market Connections Asia PCL  (BKK:MCA) 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.


Market Connections Asia PCL Operating Margin % Related Terms


Market Connections Asia PCL Operating Margin % Historical Data

* Premium members only.

The historical data trend for Market Connections Asia 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.

Market Connections Asia PCL Operating Margin % Chart

Market Connections Asia PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
1.74 5.72 6.44 3.69 3.25

Market Connections Asia PCL Quarterly Data
Dec21 Jun22 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 4.05 2.66 3.48 2.86 3.39

BKK:MCA vs APP, OMC, TTD: Operating Margin % Comparison

For the Advertising Agencies subindustry, Market Connections Asia 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.


Market Connections Asia PCL Operating Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Market Connections Asia PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Market Connections Asia PCL's Operating Margin % falls into.


BKK:MCA
42GF Score
Market Connections Asia PCL BKK:MCA
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Market Connections Asia 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.

Market Connections Asia 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 )
=26.589 / 818.246
=3.25 %

Market Connections Asia 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 )
=8.095 / 238.982
=3.39 %

* 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 3.39% mean?
Market Connections Asia PCL (BKK:MCA) has a Operating Margin % of 3.39% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Market Connections Asia PCL and its competitors. This is near median its historical median of 3.69. Over the past decade, Market Connections Asia PCL's Operating Margin % has ranged from 1.74 to 6.44. According to the industry distribution chart, Market Connections Asia PCL ranks #479 out of 1010 companies in the Media - Diversified industry, placing it in the top 47.4%.
Is Market Connections Asia PCL's Operating Margin % too high?
Market Connections Asia PCL's current Operating Margin % of 3.39% is near median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 6.44. The Media - Diversified industry median Operating Margin % is 2.47. Market Connections Asia PCL's value of 3.39% is 37.2% above this industry median. Based on the distribution chart, Market Connections Asia PCL ranks #479 out of 1010 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Market Connections Asia PCL has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Market Connections Asia PCL's Operating Margin % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Market Connections Asia PCL ranks #479 out of 1010 companies for Operating Margin %. This puts Market Connections Asia PCL in the upper half of its industry. The industry median Operating Margin % is 2.47. Market Connections Asia PCL's value of 3.39% is 37.2% above this benchmark. Historically, Market Connections Asia PCL's own Operating Margin % has ranged from 1.74 to 6.44 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 2.47, Market Connections Asia 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 Media - Diversified company?
The median Operating Margin % among Media - Diversified companies is 2.47, based on 1,010 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. Market Connections Asia PCL's current Operating Margin % of 3.39% is 37.2% 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 Market Connections Asia PCL and its competitors. For the Media - Diversified industry, the median Operating Margin % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Market Connections Asia PCL's current Operating Margin % is 3.39%, which is near median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Market Connections Asia PCL stock overvalued right now?
Based on GuruFocus' analysis, Market Connections Asia PCL (BKK:MCA) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.80, compared to a current price of ฿1.32 — trading 26.7% below its estimated fair value. The current Operating Margin % is 3.39%, which is near median its 10-year median of 3.69 and 37.2% above the Media - Diversified industry median of 2.47. Market Connections Asia PCL's overall GF Score™ is 42/100 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 Market Connections Asia PCL (BKK:MCA), the current Operating Margin % is 3.39% 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 Market Connections Asia PCL (BKK:MCA) Overvalued in 2026?

Based on GuruFocus' analysis, Market Connections Asia PCL stock appears to be undervalued. The current stock price of ฿1.32 is trading 26.7% below its estimated GF Value™ of ฿1.80. GuruFocus considers Market Connections Asia PCL to be Modestly Undervalued.

Key valuation signals for BKK:MCA:

  • Operating Margin %: 3.39% (near median its 10-year median of 3.69)
  • GF Value™: ฿1.80 vs. price of ฿1.32 (26.7% below fair value)
  • GF Score™: 42/100 with 5 warning signs
  • Industry Position: 37.2% above the Media - Diversified median (#479 of 1010)

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


Market Connections Asia PCL Business Description

Address 51/859 Soi Nuanchan 34, Nuanchan Subdistrict, Buengkum District, Bangkok, THA, 10230
Market Connections Asia PCL is engaged in the principal businesses of providing event marketing services, distribution of consumer products, and printing and advertising media services. Its business and services include sales promoter, proactive marketing activities, roadshow activities, events, local media, data analysis, souvenir sourcing services, logistics, warehousing and distribution services, and technology and digital media businesses. It operates in Thailand and the Republic of Singapore, with Thailand generating the maximum revenue.
42GF Score

Get the complete analysis for BKK:MCA

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

฿1.32
Price
฿1.80
GF Value