North East Rubber PCLBKK:NER-R 89 Operating Margin % is 5.27% as of Dec. 2025, which is 28% below its 10-year median of 7.32. GuruFocus rates BKK:NER-R with a GF Score™ of 89/100 and a GF Value™ of ฿5.92. The stock has 5 warning signs investors should review. Among 1,584 Chemicals companies, North East Rubber PCL ranks better than 56.5% on this metric.
North East Rubber PCL (BKK:NER-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.
North East Rubber PCL Operating Margin % Related Terms
North East Rubber PCL Operating Margin % Historical Data
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The historical data trend for North East Rubber 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:NER-R vs LIN, SHW, ECL: Operating Margin % Comparison
For the Specialty Chemicals subindustry, North East Rubber 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.
North East Rubber PCL Operating Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, North East Rubber PCL's Operating Margin % distribution charts can be found below:
* The bar in red indicates where North East Rubber PCL's Operating Margin % falls into.
North East Rubber 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.
North East Rubber 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.
North East Rubber PCL (BKK:NER-R) has a Operating Margin % of 5.27% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on North East Rubber PCL and its competitors. This is 28% below median its historical median of 7.32. Over the past decade, North East Rubber PCL's Operating Margin % has ranged from 3.25 to 9.98. According to the industry distribution chart, North East Rubber PCL ranks #689 out of 1584 companies in the Chemicals industry, placing it in the top 43.5%.
Is North East Rubber PCL's Operating Margin % too high?
North East Rubber PCL's current Operating Margin % of 5.27% is 28% below median its 10-year median of 7.32. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 9.98. The Chemicals industry median Operating Margin % is 6.03. North East Rubber PCL's value of 5.27% is 12.5% below this industry median. Based on the distribution chart, North East Rubber PCL ranks #689 out of 1584 companies in the Chemicals industry, which is above the industry midpoint. Overall, North East Rubber PCL has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does North East Rubber PCL's Operating Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, North East Rubber PCL ranks #689 out of 1584 companies for Operating Margin %. This puts North East Rubber PCL in the upper half of its industry. The industry median Operating Margin % is 6.03. North East Rubber PCL's value of 5.27% is 12.5% below this benchmark. Historically, North East Rubber PCL's own Operating Margin % has ranged from 3.25 to 9.98 over the past decade. While the company's 10-year median is 7.32 vs. the industry median of 6.03, North East Rubber PCL has consistently been below 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 Chemicals company?
The median Operating Margin % among Chemicals companies is 6.03, based on 1,584 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. North East Rubber PCL's current Operating Margin % of 5.27% is 12.5% below 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 North East Rubber PCL and its competitors. For the Chemicals industry, the median Operating Margin % is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North East Rubber PCL's current Operating Margin % is 5.27%, which is 28% below median its own 10-year median of 7.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North East Rubber PCL stock overvalued right now?
North East Rubber PCL (BKK:NER-R) has a current Operating Margin % of 5.27%. The stock's GF Value™ is ฿5.92, compared to a current price of ฿4.76 — trading 19.6% below its estimated fair value. The current Operating Margin % is 5.27%, which is 28% below median its 10-year median of 7.32 and 12.5% below the Chemicals industry median of 6.03. North East Rubber PCL's overall GF Score™ is 89/100 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 North East Rubber PCL (BKK:NER-R), the current Operating Margin % is 5.27% as of Dec. 2025. 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 North East Rubber PCL (BKK:NER-R) Overvalued in 2026?
Based on GuruFocus' analysis, North East Rubber PCL stock appears to be undervalued.
The current stock price of ฿4.76 is trading 19.6% below its estimated GF Value™ of ฿5.92.
Key valuation signals for BKK:NER-R:
Operating Margin %: 5.27% (28% below median its 10-year median of 7.32)
GF Value™: ฿5.92 vs. price of ฿4.76 (19.6% below fair value)
Industry Position: 12.5% below the Chemicals median (#689 of 1584)
No single metric tells the full story. See the BKK:NER-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North East Rubber PCL Company and its subsidiary have a single core operating segment (identified by internal reporting segments), i.e., manufacturing and sales of rubber smoked sheets, skim block rubbers, and other rubber products, both domestically and abroad. Geographically, the maximum revenue is generated from Thailand.
89GF 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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