Sis Distribution (Thailand) PCL (BKK:SIS-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.
Sis Distribution (Thailand) PCL Operating Margin % Related Terms
Sis Distribution (Thailand) PCL Operating Margin % Historical Data
* 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.
Sis Distribution (Thailand) PCL Operating Margin % Chart
BKK:SIS-R vs SNX, ARW, AVT: Operating Margin % Comparison
For the Electronics & Computer Distribution subindustry, Sis Distribution (Thailand) 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.
Sis Distribution (Thailand) PCL Operating Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Sis Distribution (Thailand) PCL's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Sis Distribution (Thailand) PCL's Operating Margin % falls into.
Sis Distribution (Thailand) 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.
* 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.
Sis Distribution (Thailand) PCL (BKK:SIS-R) has a Operating Margin % of 3.18% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Sis Distribution (Thailand) PCL and its competitors. This is near median its historical median of 2.94. Over the past decade, Sis Distribution (Thailand) PCL's Operating Margin % has ranged from 1.87 to 3.78. According to the industry distribution chart, Sis Distribution (Thailand) PCL ranks #1243 out of 2472 companies in the Hardware industry, placing it in the top 50.3%.
Is Sis Distribution (Thailand) PCL's Operating Margin % too high?
Sis Distribution (Thailand) PCL's current Operating Margin % of 3.18% is near median its 10-year median of 2.94. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 3.78. The Hardware industry median Operating Margin % is 3.80. Sis Distribution (Thailand) PCL's value of 3.18% is 16.3% below this industry median. Based on the distribution chart, Sis Distribution (Thailand) PCL ranks #1243 out of 2472 companies in the Hardware industry, which is below the industry midpoint. Overall, Sis Distribution (Thailand) PCL has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Sis Distribution (Thailand) PCL's Operating Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, Sis Distribution (Thailand) PCL ranks #1243 out of 2472 companies for Operating Margin %. This places Sis Distribution (Thailand) PCL in the lower half of its industry. The industry median Operating Margin % is 3.80. Sis Distribution (Thailand) PCL's value of 3.18% is 16.3% below this benchmark. Historically, Sis Distribution (Thailand) PCL's own Operating Margin % has ranged from 1.87 to 3.78 over the past decade. While the company's 10-year median is 2.94 vs. the industry median of 3.80, Sis Distribution (Thailand) 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 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. Sis Distribution (Thailand) PCL's current Operating Margin % of 3.18% is 16.3% 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 Sis Distribution (Thailand) 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. Sis Distribution (Thailand) PCL's current Operating Margin % is 3.18%, which is near median its own 10-year median of 2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sis Distribution (Thailand) PCL stock overvalued right now?
Sis Distribution (Thailand) PCL (BKK:SIS-R) has a current Operating Margin % of 3.18%. The stock's GF Value™ is ฿23.63, compared to a current price of ฿21.37 — trading 9.6% below its estimated fair value. The current Operating Margin % is 3.18%, which is near median its 10-year median of 2.94 and 16.3% below the Hardware industry median of 3.80. Sis Distribution (Thailand) PCL's overall GF Score™ is 91/100. 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 Sis Distribution (Thailand) PCL (BKK:SIS-R), the current Operating Margin % is 3.18% 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 Sis Distribution (Thailand) PCL (BKK:SIS-R) Overvalued in 2026?
Based on GuruFocus' analysis, Sis Distribution (Thailand) PCL stock appears to be undervalued.
The current stock price of ฿21.37 is trading 9.6% below its estimated GF Value™ of ฿23.63.
Key valuation signals for BKK:SIS-R:
Operating Margin %: 3.18% (near median its 10-year median of 2.94)
GF Value™: ฿23.63 vs. price of ฿21.37 (9.6% below fair value)
Industry Position: 16.3% below the Hardware median (#1243 of 2472)
No single metric tells the full story. See the BKK:SIS-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sis Distribution (Thailand) PCL Business Description
Sis Distribution (Thailand) PCL is engaged in the distribution of computer components, smartphones, office automation equipment, service and rental of computers and accessories. The company operates as a distributor for various IT product manufacturers such as Asus, Acer, Brother, Dell, Fortinet, Hewlett Packard Enterprise, HP Inc, Lenovo, Samsung, Xiaomi, etc. It has four reportable segments: Commercial products, Consumer products, Value-added products, and Phones. Maximum revenue is generated from the Consumer products segment, which distributes products for household use, such as personal computers, printers, and IoT devices. Geographically, the company operates in Thailand only.
91GF Score
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