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Tabreed PJSCDFM:TABREED -1.50%86 Operating Margin % is 33.13% as of Mar. 2026, which is 3% above its 10-year median of 32.06. GuruFocus rates DFM:TABREED with a GF Score™ of 86/100 and a GF Value™ of د.إ3.13 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 499 Utilities - Regulated companies, Tabreed PJSC ranks better than 87.98% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Tabreed PJSC's Operating Income for the
three
months ended in Mar. 2026 was د.إ161 Mil. Tabreed PJSC's Revenue for the
three
months ended in Mar. 2026 was د.إ486 Mil. Therefore, Tabreed PJSC's Operating Margin % for the quarter that ended in Mar. 2026 was 33.13%.
Warning Sign:
Tabreed PJSC operating margin has been in a 5-year decline. The average rate of decline per year is -1.7%.
The historical rank and industry rank for Tabreed PJSC's Operating Margin % or its related term are showing as below:
DFM:TABREED'
s Operating Margin % Range Over the Past 10 Years
Min: 12.47 Med: 32.06 Max: 36.2
Current: 31.98
DFM:TABREED's Operating Margin % is ranked better than 87.98% of 499
companies
in the Utilities - Regulated industry
Industry Median: 14.85
vs DFM:TABREED: 31.98
Tabreed PJSC's 5-Year Average Operating Margin % Growth Rate was -1.70% per year.
Tabreed PJSC's Operating Income for the
three
months ended in Mar. 2026 was د.إ161 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was د.إ792 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.
Tabreed PJSC Operating Margin % Related Terms
Tabreed PJSC Operating Margin % Historical Data
* Premium members only.
The historical data trend for Tabreed PJSC'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.
DFM:TABREED vs AWK, WTRG, AWR: Operating Margin % Comparison
For the Utilities - Regulated Water subindustry, Tabreed PJSC'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.
Tabreed PJSC Operating Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tabreed PJSC's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Tabreed PJSC'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.
Tabreed PJSC'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.
Tabreed PJSC (DFM:TABREED) has a Operating Margin % of 33.13% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Tabreed PJSC and its competitors. This is near median its historical median of 32.06. Over the past decade, Tabreed PJSC's Operating Margin % has ranged from 12.47 to 36.20. According to the industry distribution chart, Tabreed PJSC ranks #60 out of 499 companies in the Utilities - Regulated industry, placing it in the top 12%.
Is Tabreed PJSC's Operating Margin % too high?
Tabreed PJSC's current Operating Margin % of 33.13% is near median its 10-year median of 32.06. Over the past 10 years, this metric has ranged from a low of 12.47 to a high of 36.20. The Utilities - Regulated industry median Operating Margin % is 14.85. Tabreed PJSC's value of 33.13% is 123.1% above this industry median. Based on the distribution chart, Tabreed PJSC ranks #60 out of 499 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Tabreed PJSC has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tabreed PJSC's Operating Margin % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Tabreed PJSC ranks #60 out of 499 companies for Operating Margin %. This places Tabreed PJSC in the top 12% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 14.85. Tabreed PJSC's value of 33.13% is 123.1% above this benchmark. Historically, Tabreed PJSC's own Operating Margin % has ranged from 12.47 to 36.20 over the past decade. While the company's 10-year median is 32.06 vs. the industry median of 14.85, Tabreed PJSC 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 an Utilities - Regulated company?
The median Operating Margin % among Utilities - Regulated companies is 14.85, based on 499 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. Tabreed PJSC's current Operating Margin % of 33.13% is 123.1% 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 Tabreed PJSC and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tabreed PJSC's current Operating Margin % is 33.13%, which is near median its own 10-year median of 32.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tabreed PJSC stock overvalued right now?
Based on GuruFocus' analysis, Tabreed PJSC (DFM:TABREED) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ3.13, compared to a current price of د.إ2.62 — trading 16.3% below its estimated fair value. The current Operating Margin % is 33.13%, which is near median its 10-year median of 32.06 and 123.1% above the Utilities - Regulated industry median of 14.85. Tabreed PJSC's overall GF Score™ is 86/100 with 9 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 Tabreed PJSC (DFM:TABREED), the current Operating Margin % is 33.13% 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 Tabreed PJSC (DFM:TABREED) Overvalued in 2026?
Based on GuruFocus' analysis, Tabreed PJSC stock appears to be undervalued.
The current stock price of د.إ2.62 is trading 16.3% below its estimated GF Value™ of د.إ3.13.
GuruFocus considers Tabreed PJSC to be Modestly Undervalued.
Key valuation signals for DFM:TABREED:
Operating Margin %: 33.13% (near median its 10-year median of 32.06)
GF Value™: د.إ3.13 vs. price of د.إ2.62 (16.3% below fair value)
Industry Position: 123.1% above the Utilities - Regulated median (#60 of 499)
No single metric tells the full story. See the DFM:TABREED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tabreed PJSC is engaged in to supply of chilled water, operation, and maintenance of plants, construction of secondary networks, manufacturing of pre-insulated pipes, and design and supervision consultancy. The company has two reportable operating segments. The chilled water segment constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems, and the Value chain business segment is involved in ancillary activities relating to the expansion of the group's chilled water business. The company generates key revenue from Chilled water.
86GF Score
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