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Stecon Group PCLBKK:STECON -3.72%8 Operating Margin % is 6.80% as of Mar. 2026, which is 276% above its 10-year median of 1.81. GuruFocus rates BKK:STECON with a GF Score™ of 8/100. The stock has 8 warning signs investors should review. Among 1,765 Construction companies, Stecon Group PCL ranks better than 53.37% on this metric.
Stecon Group PCL (BKK:STECON) 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.
Stecon Group PCL Operating Margin % Related Terms
Stecon Group PCL Operating Margin % Historical Data
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The historical data trend for Stecon Group 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:STECON vs PWR, FIX, EME: Operating Margin % Comparison
For the Engineering & Construction subindustry, Stecon Group 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.
Stecon Group PCL Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, Stecon Group PCL's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Stecon Group PCL's Operating Margin % falls into.
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.
Stecon Group 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.
Stecon Group PCL (BKK:STECON) has a Operating Margin % of 6.80% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Stecon Group PCL and its competitors. This is 276% above median its historical median of 1.81. According to the industry distribution chart, Stecon Group PCL ranks #823 out of 1765 companies in the Construction industry, placing it in the top 46.6%.
Is Stecon Group PCL's Operating Margin % too high?
Stecon Group PCL's current Operating Margin % of 6.80% is 276% above median its 10-year median of 1.81. The Construction industry median Operating Margin % is 5.89. Stecon Group PCL's value of 6.80% is 15.4% above this industry median. Based on the distribution chart, Stecon Group PCL ranks #823 out of 1765 companies in the Construction industry, which is above the industry midpoint. Overall, Stecon Group PCL has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Stecon Group PCL's Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Stecon Group PCL ranks #823 out of 1765 companies for Operating Margin %. This puts Stecon Group PCL in the upper half of its industry. The industry median Operating Margin % is 5.89. Stecon Group PCL's value of 6.80% is 15.4% above this benchmark. While the company's 10-year median is 1.81 vs. the industry median of 5.89, Stecon Group 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 Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,765 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. Stecon Group PCL's current Operating Margin % of 6.80% is 15.4% 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 Stecon Group PCL and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stecon Group PCL's current Operating Margin % is 6.80%, which is 276% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stecon Group PCL stock overvalued right now?
Stecon Group PCL (BKK:STECON) has a current Operating Margin % of 6.80%. The current Operating Margin % is 6.80%, which is 276% above median its 10-year median of 1.81 and 15.4% above the Construction industry median of 5.89. Stecon Group PCL's overall GF Score™ is 8/100 with 8 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 Stecon Group PCL (BKK:STECON), the current Operating Margin % is 6.80% 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.
Stecon Group PCL is an engineering and construction company. The group works on government and private projects, including civil and mechanical works. Its services include Infrastructure, Building, Power and energy, Industrial, and Environmental. Geographically, the company operates in Thailand.
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