Mfc-Nichada Thani Property Fund (BKK:MNIT) Operating Margin %: 58.68% (As of Mar. 2026) — 40% Above Median


BKK:MNIT Mfc-Nichada Thani Property Fund BKK:MNIT
84 GF Score
Price ฿1.95
GF Value ฿2.41
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Mfc-Nichada Thani Property Fund Operating Margin %?

Mfc-Nichada Thani Property Fund BKK:MNIT +1.56% 84 Operating Margin % is 58.68% as of Mar. 2026, which is 40% above its 10-year median of 41.81. GuruFocus rates BKK:MNIT with a GF Score™ of 84/100 and a GF Value™ of ฿2.41 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 745 REITs companies, Mfc-Nichada Thani Property Fund ranks better than 53.83% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Mfc-Nichada Thani Property Fund's Operating Income for the three months ended in Mar. 2026 was ฿5.05 Mil. Mfc-Nichada Thani Property Fund's Revenue for the three months ended in Mar. 2026 was ฿8.61 Mil. Therefore, Mfc-Nichada Thani Property Fund's Operating Margin % for the quarter that ended in Mar. 2026 was 58.68%.

Good Sign:

Mfc-Nichada Thani Property Fund operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Mfc-Nichada Thani Property Fund's Operating Margin % or its related term are showing as below:

BKK:MNIT' s Operating Margin % Range Over the Past 10 Years
Min: 34.22   Med: 41.81   Max: 55.26
Current: 54.47


BKK:MNIT's Operating Margin % is ranked better than
53.83% of 745 companies
in the REITs industry
Industry Median: 52.63 vs BKK:MNIT: 54.47

Mfc-Nichada Thani Property Fund's 5-Year Average Operating Margin % Growth Rate was 0.70% per year.

Mfc-Nichada Thani Property Fund's Operating Income for the three months ended in Mar. 2026 was ฿5.05 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿18.90 Mil.


Mfc-Nichada Thani Property Fund  (BKK:MNIT) 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.


Mfc-Nichada Thani Property Fund Operating Margin % Related Terms


Mfc-Nichada Thani Property Fund Operating Margin % Historical Data

* Premium members only.

The historical data trend for Mfc-Nichada Thani Property Fund'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.

Mfc-Nichada Thani Property Fund Operating Margin % Chart

Mfc-Nichada Thani Property Fund 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 38.70 37.60 44.48 41.48 53.96

Mfc-Nichada Thani Property Fund 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 56.61 54.80 50.94 53.46 58.68

BKK:MNIT vs AVB, EQR, ESS: Operating Margin % Comparison

For the REIT - Residential subindustry, Mfc-Nichada Thani Property Fund'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.


Mfc-Nichada Thani Property Fund Operating Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Mfc-Nichada Thani Property Fund's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Mfc-Nichada Thani Property Fund's Operating Margin % falls into.


BKK:MNIT
84GF Score
Mfc-Nichada Thani Property Fund BKK:MNIT
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mfc-Nichada Thani Property Fund 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.

Mfc-Nichada Thani Property Fund'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 )
=18.761 / 34.767
=53.96 %

Mfc-Nichada Thani Property Fund'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 )
=5.053 / 8.611
=58.68 %

* 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 58.68% mean?
Mfc-Nichada Thani Property Fund (BKK:MNIT) has a Operating Margin % of 58.68% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Mfc-Nichada Thani Property Fund and its competitors. This is 40% above median its historical median of 41.81. Over the past decade, Mfc-Nichada Thani Property Fund's Operating Margin % has ranged from 34.22 to 55.26. According to the industry distribution chart, Mfc-Nichada Thani Property Fund ranks #344 out of 745 companies in the REITs industry, placing it in the top 46.2%.
Is Mfc-Nichada Thani Property Fund's Operating Margin % too high?
Mfc-Nichada Thani Property Fund's current Operating Margin % of 58.68% is 40% above median its 10-year median of 41.81. Over the past 10 years, this metric has ranged from a low of 34.22 to a high of 55.26. The REITs industry median Operating Margin % is 52.63. Mfc-Nichada Thani Property Fund's value of 58.68% is 11.5% above this industry median. Based on the distribution chart, Mfc-Nichada Thani Property Fund ranks #344 out of 745 companies in the REITs industry, which is above the industry midpoint. Overall, Mfc-Nichada Thani Property Fund has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mfc-Nichada Thani Property Fund's Operating Margin % compare to AVB and EQR?
According to the REITs industry distribution chart, Mfc-Nichada Thani Property Fund ranks #344 out of 745 companies for Operating Margin %. This puts Mfc-Nichada Thani Property Fund in the upper half of its industry. The industry median Operating Margin % is 52.63. Mfc-Nichada Thani Property Fund's value of 58.68% is 11.5% above this benchmark. Historically, Mfc-Nichada Thani Property Fund's own Operating Margin % has ranged from 34.22 to 55.26 over the past decade. While the company's 10-year median is 41.81 vs. the industry median of 52.63, Mfc-Nichada Thani Property Fund 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 52.63, based on 745 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. Mfc-Nichada Thani Property Fund's current Operating Margin % of 58.68% is 11.5% 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 Mfc-Nichada Thani Property Fund and its competitors. For the REITs industry, the median Operating Margin % is 52.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mfc-Nichada Thani Property Fund's current Operating Margin % is 58.68%, which is 40% above median its own 10-year median of 41.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mfc-Nichada Thani Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Mfc-Nichada Thani Property Fund (BKK:MNIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.41, compared to a current price of ฿1.95 — trading 19.1% below its estimated fair value. The current Operating Margin % is 58.68%, which is 40% above median its 10-year median of 41.81 and 11.5% above the REITs industry median of 52.63. Mfc-Nichada Thani Property Fund's overall GF Score™ is 84/100 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 Mfc-Nichada Thani Property Fund (BKK:MNIT), the current Operating Margin % is 58.68% 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 Mfc-Nichada Thani Property Fund (BKK:MNIT) Overvalued in 2026?

Based on GuruFocus' analysis, Mfc-Nichada Thani Property Fund stock appears to be undervalued. The current stock price of ฿1.95 is trading 19.1% below its estimated GF Value™ of ฿2.41. GuruFocus considers Mfc-Nichada Thani Property Fund to be Modestly Undervalued.

Key valuation signals for BKK:MNIT:

  • Operating Margin %: 58.68% (40% above median its 10-year median of 41.81)
  • GF Value™: ฿2.41 vs. price of ฿1.95 (19.1% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 11.5% above the REITs median (#344 of 745)

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


Mfc-Nichada Thani Property Fund Business Description

Industry Real EstateREITs
Address Ratchadaphisek Road, Ground Floor & 21st-23rd Floor, 199 Column Tower, Klongtoey Sub-District, Klongtoey District, Bangkok, THA, 10110
Mfc-Nichada Thani Property Fund is a close-ended property fund with no maturity date. The fund's objective is to use the proceeds from the sale of investment units to invest in properties for residential buildings including land and private houses for a living, which is in Amphur Pakkred, Nonthaburi. It operates under one segment namely Rental of Properties in Thailand.
84GF Score

Get the complete analysis for BKK:MNIT

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

฿1.95
Price
฿2.41
GF Value