Metro Systems PCL (BKK:MSC-R) Operating Margin %: 4.66% (As of Mar. 2026) — 79% Above Median


BKK:MSC-R Metro Systems Corp PCL BKK:MSC-R
66 GF Score
Price ฿7.70
GF Value ฿9.39
! 7 Warning Signs
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What is Metro Systems PCL Operating Margin %?

Metro Systems PCL BKK:MSC-R 66 Operating Margin % is 4.66% as of Mar. 2026, which is 79% above its 10-year median of 2.60. GuruFocus rates BKK:MSC-R with a GF Score™ of 66/100 and a GF Value™ of ฿9.39. The stock has 7 warning signs investors should review. Among 2,472 Hardware companies, Metro Systems PCL ranks worse than 61.69% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Metro Systems PCL's Operating Income for the three months ended in Mar. 2026 was ฿112 Mil. Metro Systems PCL's Revenue for the three months ended in Mar. 2026 was ฿2,408 Mil. Therefore, Metro Systems PCL's Operating Margin % for the quarter that ended in Mar. 2026 was 4.66%.

Warning Sign:

Metro Systems Corp PCL operating margin has been in a 5-year decline. The average rate of decline per year is -6.8%.

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

BKK:MSC-R' s Operating Margin % Range Over the Past 10 Years
Min: 1.51   Med: 2.6   Max: 3.58
Current: 1.75


BKK:MSC-R's Operating Margin % is ranked worse than
61.69% of 2472 companies
in the Hardware industry
Industry Median: 3.8 vs BKK:MSC-R: 1.75

Metro Systems PCL's 5-Year Average Operating Margin % Growth Rate was -6.80% per year.

Metro Systems PCL's Operating Income for the three months ended in Mar. 2026 was ฿112 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿147 Mil.


Metro Systems PCL  (BKK:MSC-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 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.


Metro Systems PCL Operating Margin % Related Terms


Metro Systems PCL Operating Margin % Historical Data

* Premium members only.

The historical data trend for Metro Systems 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.

Metro Systems PCL Operating Margin % Chart

Metro Systems PCL 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 2.10 2.46 3.18 1.66 1.51

Metro Systems PCL 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 4.90 1.63 0.14 -0.05 4.66

BKK:MSC-R vs SNX, ARW, AVT: Operating Margin % Comparison

For the Electronics & Computer Distribution subindustry, Metro Systems 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.


Metro Systems PCL Operating Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Metro Systems PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Metro Systems PCL's Operating Margin % falls into.


BKK:MSC-R
66GF Score
Metro Systems Corp PCL BKK:MSC-R
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Metro Systems 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.

Metro Systems 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 )
=138.085 / 9166.609
=1.51 %

Metro Systems 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 )
=112.346 / 2408.39
=4.66 %

* 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 4.66% mean?
Metro Systems PCL (BKK:MSC-R) has a Operating Margin % of 4.66% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Metro Systems PCL and its competitors. This is 79% above median its historical median of 2.60. Over the past decade, Metro Systems PCL's Operating Margin % has ranged from 1.51 to 3.58. According to the industry distribution chart, Metro Systems PCL ranks #1525 out of 2472 companies in the Hardware industry, placing it in the top 61.7%.
Is Metro Systems PCL's Operating Margin % too high?
Metro Systems PCL's current Operating Margin % of 4.66% is 79% above median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 3.58. The Hardware industry median Operating Margin % is 3.80. Metro Systems PCL's value of 4.66% is 22.6% above this industry median. Based on the distribution chart, Metro Systems PCL ranks #1525 out of 2472 companies in the Hardware industry, which is below the industry midpoint. Overall, Metro Systems PCL has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Metro Systems PCL's Operating Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, Metro Systems PCL ranks #1525 out of 2472 companies for Operating Margin %. This places Metro Systems PCL in the lower half of its industry. The industry median Operating Margin % is 3.80. Metro Systems PCL's value of 4.66% is 22.6% above this benchmark. Historically, Metro Systems PCL's own Operating Margin % has ranged from 1.51 to 3.58 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 3.80, Metro Systems 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.80, based on 2,472 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. Metro Systems PCL's current Operating Margin % of 4.66% is 22.6% 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 Metro Systems PCL and its competitors. For the Hardware industry, the median Operating Margin % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro Systems PCL's current Operating Margin % is 4.66%, which is 79% above median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Systems PCL stock overvalued right now?
Metro Systems PCL (BKK:MSC-R) has a current Operating Margin % of 4.66%. The stock's GF Value™ is ฿9.39, compared to a current price of ฿7.70 — trading 18% below its estimated fair value. The current Operating Margin % is 4.66%, which is 79% above median its 10-year median of 2.60 and 22.6% above the Hardware industry median of 3.80. Metro Systems PCL's overall GF Score™ is 66/100 with 7 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 Metro Systems PCL (BKK:MSC-R), the current Operating Margin % is 4.66% 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 Metro Systems PCL (BKK:MSC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Metro Systems PCL stock appears to be undervalued. The current stock price of ฿7.70 is trading 18% below its estimated GF Value™ of ฿9.39.

Key valuation signals for BKK:MSC-R:

  • Operating Margin %: 4.66% (79% above median its 10-year median of 2.60)
  • GF Value™: ฿9.39 vs. price of ฿7.70 (18% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 22.6% above the Hardware median (#1525 of 2472)

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


Metro Systems PCL Business Description

Other Exchanges MSC:Thailand
Address 400 Chalermprakiat Rama IX Road, Nong Bon Subdistrict, Prawet District, Bangkok, THA, 10250
Metro Systems Corp PCL is a Thailand-based company. Together with its subsidiaries, the company is engaged in trading computers and equipment, software, supplies, office equipment, and related services. It operates in four segments namely Sales computers and equipment, Sales and installation software, Sales supplies and office equipment, and Rental and other services. It derives key revenue from the Sales and installation software. Some of its product includes Systems and servers, Supplies and peripherals, E-Business Solution, Software, and Services.
66GF Score

Get the complete analysis for BKK:MSC-R

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

฿7.70
Price
฿9.39
GF Value