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Cementos ArgosBOG:CEMARGOS -2.37%46 Operating Margin % is 12.64% as of Mar. 2026, which is 23% above its 10-year median of 10.26. GuruFocus rates BOG:CEMARGOS with a GF Score™ of 46/100 and a GF Value™ of COP7,655.88 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 403 Building Materials companies, Cementos Argos ranks better than 77.92% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Cementos Argos's Operating Income for the
three
months ended in Mar. 2026 was COP154,481 Mil. Cementos Argos's Revenue for the
three
months ended in Mar. 2026 was COP1,221,694 Mil. Therefore, Cementos Argos's Operating Margin % for the quarter that ended in Mar. 2026 was 12.64%.
Good Sign:
Cementos Argos SA operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Cementos Argos's Operating Margin % or its related term are showing as below:
BOG:CEMARGOS'
s Operating Margin % Range Over the Past 10 Years
Min: 6.87 Med: 10.26 Max: 15.18
Current: 15.18
BOG:CEMARGOS's Operating Margin % is ranked better than 77.92% of 403
companies
in the Building Materials industry
Industry Median: 7.62
vs BOG:CEMARGOS: 15.18
Cementos Argos's 5-Year Average Operating Margin % Growth Rate was 7.90% per year.
Cementos Argos's Operating Income for the
three
months ended in Mar. 2026 was COP154,481 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was COP781,409 Mil.
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.
Cementos Argos Operating Margin % Related Terms
Cementos Argos Operating Margin % Historical Data
* Premium members only.
The historical data trend for Cementos Argos'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.
BOG:CEMARGOS vs CRH, VMC, MLM: Operating Margin % Comparison
For the Building Materials subindustry, Cementos Argos'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.
Cementos Argos Operating Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Cementos Argos's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Cementos Argos'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.
Cementos Argos'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.
Cementos Argos (BOG:CEMARGOS) has a Operating Margin % of 12.64% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Cementos Argos and its competitors. This is 23% above median its historical median of 10.26. Over the past decade, Cementos Argos' Operating Margin % has ranged from 6.87 to 15.18. According to the industry distribution chart, Cementos Argos ranks #89 out of 403 companies in the Building Materials industry, placing it in the top 22.1%.
Is Cementos Argos' Operating Margin % too high?
Cementos Argos' current Operating Margin % of 12.64% is 23% above median its 10-year median of 10.26. Over the past 10 years, this metric has ranged from a low of 6.87 to a high of 15.18. The Building Materials industry median Operating Margin % is 7.62. Cementos Argos' value of 12.64% is 65.9% above this industry median. Based on the distribution chart, Cementos Argos ranks #89 out of 403 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Cementos Argos has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cementos Argos' Operating Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Cementos Argos ranks #89 out of 403 companies for Operating Margin %. This places Cementos Argos in the top 22% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.62. Cementos Argos' value of 12.64% is 65.9% above this benchmark. Historically, Cementos Argos' own Operating Margin % has ranged from 6.87 to 15.18 over the past decade. While the company's 10-year median is 10.26 vs. the industry median of 7.62, Cementos Argos 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 Building Materials company?
The median Operating Margin % among Building Materials companies is 7.62, based on 403 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. Cementos Argos's current Operating Margin % of 12.64% is 65.9% 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 Cementos Argos and its competitors. For the Building Materials industry, the median Operating Margin % is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cementos Argos's current Operating Margin % is 12.64%, which is 23% above median its own 10-year median of 10.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cementos Argos stock overvalued right now?
Based on GuruFocus' analysis, Cementos Argos (BOG:CEMARGOS) is currently considered Significantly Overvalued. The stock's GF Value™ is COP7,655.88, compared to a current price of COP11,520.00 — trading 50.5% above its estimated fair value. The current Operating Margin % is 12.64%, which is 23% above median its 10-year median of 10.26 and 65.9% above the Building Materials industry median of 7.62. Cementos Argos' overall GF Score™ is 46/100 with 6 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 Cementos Argos (BOG:CEMARGOS), the current Operating Margin % is 12.64% 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 Cementos Argos (BOG:CEMARGOS) Overvalued in 2026?
Based on GuruFocus' analysis, Cementos Argos stock appears to be overvalued.
The current stock price of COP11,520.00 is trading 50.5% above its estimated GF Value™ of COP7,655.88.
GuruFocus considers Cementos Argos to be Significantly Overvalued.
Key valuation signals for BOG:CEMARGOS:
Operating Margin %: 12.64% (23% above median its 10-year median of 10.26)
GF Value™: COP7,655.88 vs. price of COP11,520.00 (50.5% above fair value)
Industry Position: 65.9% above the Building Materials median (#89 of 403)
No single metric tells the full story. See the BOG:CEMARGOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cementos Argos SA is a cement-producing company. In terms of the concrete and cement business, it is Colombia's key producer and one of the key producers in the sector across Central America and the Caribbean. The company's corporate purpose is the exploitation of the cement industry, the production of concrete mixes and any other materials or items made of cement, lime or clay, the acquisition and exploitation of minerals or deposits of exploitable minerals in the cement industry, and similar rights to explore and mine the aforementioned minerals, whether by concession, privilege, lease or other title. Its operating segments are: Colombia, which generates maximum revenue, the Caribbean, Central America, Trading, and Corporate and others.
46GF Score
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