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S Prime Growth Leasehold REIT (BKK:SPRIME) 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.
S Prime Growth Leasehold REIT Operating Margin % Related Terms
S Prime Growth Leasehold REIT 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.
S Prime Growth Leasehold REIT Operating Margin % Chart
BKK:SPRIME vs VICI, WPC, BNL: Operating Margin % Comparison
For the REIT - Diversified subindustry, S Prime Growth Leasehold REIT'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.
S Prime Growth Leasehold REIT Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, S Prime Growth Leasehold REIT's Operating Margin % distribution charts can be found below:
* The bar in red indicates where S Prime Growth Leasehold REIT's Operating Margin % falls into.
S Prime Growth Leasehold REIT 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.
S Prime Growth Leasehold REIT (BKK:SPRIME) has a Operating Margin % of 69.76% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on S Prime Growth Leasehold REIT and its competitors. This is near median its historical median of 66.51. Over the past decade, S Prime Growth Leasehold REIT's Operating Margin % has ranged from 63.13 to 67.91. According to the industry distribution chart, S Prime Growth Leasehold REIT ranks #197 out of 746 companies in the REITs industry, placing it in the top 26.4%.
Is S Prime Growth Leasehold REIT's Operating Margin % too high?
S Prime Growth Leasehold REIT's current Operating Margin % of 69.76% is near median its 10-year median of 66.51. Over the past 10 years, this metric has ranged from a low of 63.13 to a high of 67.91. The REITs industry median Operating Margin % is 52.73. S Prime Growth Leasehold REIT's value of 69.76% is 32.3% above this industry median. Based on the distribution chart, S Prime Growth Leasehold REIT ranks #197 out of 746 companies in the REITs industry, which is above the industry midpoint. Overall, S Prime Growth Leasehold REIT has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S Prime Growth Leasehold REIT's Operating Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, S Prime Growth Leasehold REIT ranks #197 out of 746 companies for Operating Margin %. This puts S Prime Growth Leasehold REIT in the upper half of its industry. The industry median Operating Margin % is 52.73. S Prime Growth Leasehold REIT's value of 69.76% is 32.3% above this benchmark. Historically, S Prime Growth Leasehold REIT's own Operating Margin % has ranged from 63.13 to 67.91 over the past decade. While the company's 10-year median is 66.51 vs. the industry median of 52.73, S Prime Growth Leasehold REIT 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 52.73, based on 746 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. S Prime Growth Leasehold REIT's current Operating Margin % of 69.76% is 32.3% 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 S Prime Growth Leasehold REIT and its competitors. For the REITs industry, the median Operating Margin % is 52.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S Prime Growth Leasehold REIT's current Operating Margin % is 69.76%, which is near median its own 10-year median of 66.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S Prime Growth Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, S Prime Growth Leasehold REIT (BKK:SPRIME) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿3.73, compared to a current price of ฿4.16 — trading 11.5% above its estimated fair value. The current Operating Margin % is 69.76%, which is near median its 10-year median of 66.51 and 32.3% above the REITs industry median of 52.73. S Prime Growth Leasehold REIT's overall GF Score™ is 72/100 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 S Prime Growth Leasehold REIT (BKK:SPRIME), the current Operating Margin % is 69.76% 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 S Prime Growth Leasehold REIT (BKK:SPRIME) Overvalued in 2026?
Based on GuruFocus' analysis, S Prime Growth Leasehold REIT stock appears to be overvalued.
The current stock price of ฿4.16 is trading 11.5% above its estimated GF Value™ of ฿3.73.
GuruFocus considers S Prime Growth Leasehold REIT to be Modestly Overvalued.
Key valuation signals for BKK:SPRIME:
Operating Margin %: 69.76% (near median its 10-year median of 66.51)
GF Value™: ฿3.73 vs. price of ฿4.16 (11.5% above fair value)
Industry Position: 32.3% above the REITs median (#197 of 746)
No single metric tells the full story. See the BKK:SPRIME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
S Prime Growth Leasehold REIT Business Description
S Prime Growth Leasehold REIT is engaged in investing mostly in property or property leasehold rights and generating benefits from such properties for the benefit of the property, and creating revenue and return for the Trust and the unitholders. It mainly invests in the right to lease certain land plots and office spaces, conference spaces, common areas, parking areas, and building systems of Suntowers Complex for a specific term of years. The Trust operates in a single reportable operating segment, which is the investment in leasehold rights on properties, and the sole geographical area of its operations is Thailand.
72GF Score
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