Siam Steel International PCL (BKK:SIAM) Operating Margin %: -5.34% (As of Mar. 2026)


BKK:SIAM Siam Steel International PCL BKK:SIAM
43 GF Score
Price ฿0.77
GF Value ฿0.68
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Siam Steel International PCL Operating Margin %?

Siam Steel International PCL BKK:SIAM +1.32% 43 Operating Margin % is -5.34% as of Mar. 2026. GuruFocus rates BKK:SIAM with a GF Score™ of 43/100 and a GF Value™ of ฿0.68 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Siam Steel International PCL ranks worse than 81.99% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Siam Steel International PCL's Operating Income for the three months ended in Mar. 2026 was ฿-18 Mil. Siam Steel International PCL's Revenue for the three months ended in Mar. 2026 was ฿346 Mil. Therefore, Siam Steel International PCL's Operating Margin % for the quarter that ended in Mar. 2026 was -5.34%.

Good Sign:

Siam Steel International PCL operating margin is expanding. Margin expansion is usually a good sign.

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

BKK:SIAM' s Operating Margin % Range Over the Past 10 Years
Min: -10.18   Med: -7.59   Max: -4.28
Current: -4.28


BKK:SIAM's Operating Margin % is ranked worse than
81.99% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.79 vs BKK:SIAM: -4.28

Siam Steel International PCL's 5-Year Average Operating Margin % Growth Rate was 10.90% per year.

Siam Steel International PCL's Operating Income for the three months ended in Mar. 2026 was ฿-18 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿-59 Mil.


Siam Steel International PCL  (BKK:SIAM) 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.


Siam Steel International PCL Operating Margin % Related Terms


Siam Steel International PCL Operating Margin % Historical Data

* Premium members only.

The historical data trend for Siam Steel International 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.

Siam Steel International PCL Operating Margin % Chart

Siam Steel International 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 -7.88 -10.18 -4.54 -8.49 -4.97

Siam Steel International 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 -8.09 -5.92 -7.68 1.93 -5.34

BKK:SIAM vs SN, SGI, MHK: Operating Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Siam Steel International 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.


Siam Steel International PCL Operating Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Siam Steel International PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Siam Steel International PCL's Operating Margin % falls into.


BKK:SIAM
43GF Score
Siam Steel International PCL BKK:SIAM
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Siam Steel International 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.

Siam Steel International 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 )
=-69.052 / 1387.983
=-4.97 %

Siam Steel International 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 )
=-18.468 / 345.825
=-5.34 %

* 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 -5.34% mean?
Siam Steel International PCL (BKK:SIAM) has a Operating Margin % of -5.34% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Siam Steel International PCL and its competitors. According to the industry distribution chart, Siam Steel International PCL ranks #355 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 82%.
Is Siam Steel International PCL's Operating Margin % too high?
Siam Steel International PCL's current Operating Margin % is -5.34%. Based on the distribution chart, Siam Steel International PCL ranks #355 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Siam Steel International PCL has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siam Steel International PCL's Operating Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Siam Steel International PCL ranks #355 out of 433 companies for Operating Margin %. This places Siam Steel International PCL in the lower half of its industry. The industry median Operating Margin % is 3.79. 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 Furnishings, Fixtures & Appliances company?
The median Operating Margin % among Furnishings, Fixtures & Appliances companies is 3.79, based on 433 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. 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 Siam Steel International PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Operating Margin % is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Steel International PCL's current Operating Margin % is -5.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Steel International PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Steel International PCL (BKK:SIAM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.68, compared to a current price of ฿0.77 — trading 13.2% above its estimated fair value. The current Operating Margin % is -5.34%. Siam Steel International PCL's overall GF Score™ is 43/100 with 3 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 Siam Steel International PCL (BKK:SIAM), the current Operating Margin % is -5.34% 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 Siam Steel International PCL (BKK:SIAM) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Steel International PCL stock appears to be overvalued. The current stock price of ฿0.77 is trading 13.2% above its estimated GF Value™ of ฿0.68. GuruFocus considers Siam Steel International PCL to be Modestly Overvalued.

Key valuation signals for BKK:SIAM:

  • Operating Margin %: -5.34%
  • GF Value™: ฿0.68 vs. price of ฿0.77 (13.2% above fair value)
  • GF Score™: 43/100 with 3 warning signs

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


Siam Steel International PCL Business Description

Address 51 Moo 2, Poochao Road, Bangyaprak, Phrapradaeng, Samuthprakarn, THA, 10130
Siam Steel International PCL is engaged in the manufacturing and sales of steel office equipment and furniture parts, construction services and alternative energy sector. The company manufactures and sells steel furniture under the brands LUCKY KINGDOM, OKAMURA, CHITOSE, and PILOT, and wooden furniture, including freestanding and built-in products, under the KINGDOM brand. It also provides interior design services for office and residential spaces, and manufactures and sells prefabricated buildings under the LUCKY Hi-Tech Building System brand. Its business segments are manufacturing and sales and of furniture, construction services and alternative energy sector. The majority of the company's revenue is generated from the Furniture segment. Geographically, it operates only in Thailand.
43GF Score

Get the complete analysis for BKK:SIAM

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

฿0.77
Price
฿0.68
GF Value