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Tycoons Worldwide Group (Thailand) PCL has recorded a loss in operating income at least once over the past 3 years.
Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) 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.
Tycoons Worldwide Group (Thailand) PCL Operating Margin % Related Terms
Tycoons Worldwide Group (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.
Tycoons Worldwide Group (Thailand) PCL Operating Margin % Chart
Tycoons Worldwide Group (Thailand) PCL Annual Data
BKK:TYCN vs NUE, STLD, RS: Operating Margin % Comparison
For the Steel subindustry, Tycoons Worldwide Group (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.
Tycoons Worldwide Group (Thailand) PCL Operating Margin % vs Steel Industry
Tycoons Worldwide Group (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.
Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) has a Operating Margin % of 0.76% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Tycoons Worldwide Group (Thailand) PCL and its competitors. This is 30% below median its historical median of 1.09. According to the industry distribution chart, Tycoons Worldwide Group (Thailand) PCL ranks #402 out of 611 companies in the Steel industry, placing it in the top 65.8%.
Is Tycoons Worldwide Group (Thailand) PCL's Operating Margin % too high?
Tycoons Worldwide Group (Thailand) PCL's current Operating Margin % of 0.76% is 30% below median its 10-year median of 1.09. The Steel industry median Operating Margin % is 3.01. Tycoons Worldwide Group (Thailand) PCL's value of 0.76% is 74.8% below this industry median. Based on the distribution chart, Tycoons Worldwide Group (Thailand) PCL ranks #402 out of 611 companies in the Steel industry, which is below the industry midpoint. Overall, Tycoons Worldwide Group (Thailand) PCL has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tycoons Worldwide Group (Thailand) PCL's Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Tycoons Worldwide Group (Thailand) PCL ranks #402 out of 611 companies for Operating Margin %. This places Tycoons Worldwide Group (Thailand) PCL in the lower half of its industry. The industry median Operating Margin % is 3.01. Tycoons Worldwide Group (Thailand) PCL's value of 0.76% is 74.8% below this benchmark. While the company's 10-year median is 1.09 vs. the industry median of 3.01, Tycoons Worldwide Group (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 Steel company?
The median Operating Margin % among Steel companies is 3.01, based on 611 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. Tycoons Worldwide Group (Thailand) PCL's current Operating Margin % of 0.76% is 74.8% 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 Tycoons Worldwide Group (Thailand) PCL and its competitors. For the Steel industry, the median Operating Margin % is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tycoons Worldwide Group (Thailand) PCL's current Operating Margin % is 0.76%, which is 30% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tycoons Worldwide Group (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.53, compared to a current price of ฿1.68 — trading 33.6% below its estimated fair value. The current Operating Margin % is 0.76%, which is 30% below median its 10-year median of 1.09 and 74.8% below the Steel industry median of 3.01. Tycoons Worldwide Group (Thailand) PCL's overall GF Score™ is 52/100 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 Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN), the current Operating Margin % is 0.76% 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 Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) Overvalued in 2026?
Based on GuruFocus' analysis, Tycoons Worldwide Group (Thailand) PCL stock appears to be undervalued.
The current stock price of ฿1.68 is trading 33.6% below its estimated GF Value™ of ฿2.53.
GuruFocus considers Tycoons Worldwide Group (Thailand) PCL to be Possible Value Trap.
Key valuation signals for BKK:TYCN:
Operating Margin %: 0.76% (30% below median its 10-year median of 1.09)
GF Value™: ฿2.53 vs. price of ฿1.68 (33.6% below fair value)
Industry Position: 74.8% below the Steel median (#402 of 611)
No single metric tells the full story. See the BKK:TYCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tycoons Worldwide Group (Thailand) PCL Business Description
Tycoons Worldwide Group (Thailand) PCL manufactures and distributes steel wire rods, steel annealing wires, reinforced concrete bars, steel bolts, and wire products. Its products include coil (wire rod)/wire, and screw/bolt. The company's only segment is the manufacture and distribution of steel products in Thailand.
52GF Score
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