Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Western Marine ShipyardDHA:WMSHIPYARD -2.02%71 Operating Margin % is 36.30% as of Jun. 2025, which is 6% above its 10-year median of 34.30. GuruFocus rates DHA:WMSHIPYARD with a GF Score™ of 71/100 and a GF Value™ of BDT13.10 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 350 Aerospace & Defense companies, Western Marine Shipyard ranks better than 97.43% on this metric.
Western Marine Shipyard Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Western Marine Shipyard's Operating Margin % or its related term are showing as below:
DHA:WMSHIPYARD'
s Operating Margin % Range Over the Past 10 Years
Min: 27.4 Med: 34.3 Max: 39.74
Current: 36.3
DHA:WMSHIPYARD's Operating Margin % is ranked better than 97.43% of 350
companies
in the Aerospace & Defense industry
Industry Median: 8.03
vs DHA:WMSHIPYARD: 36.30
Western Marine Shipyard (DHA:WMSHIPYARD) 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.
Western Marine Shipyard Operating Margin % Related Terms
Western Marine Shipyard Operating Margin % Historical Data
* Premium members only.
The historical data trend for Western Marine Shipyard'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.
DHA:WMSHIPYARD vs SPCX, GE, RTX: Operating Margin % Comparison
For the Aerospace & Defense subindustry, Western Marine Shipyard'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.
Western Marine Shipyard Operating Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Western Marine Shipyard's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Western Marine Shipyard's Operating Margin % falls into.
Western Marine Shipyard 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.
Western Marine Shipyard's Operating Margin % for the fiscal year that ended in Jun. 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.
Western Marine Shipyard (DHA:WMSHIPYARD) has a Operating Margin % of 36.30% as of Jun. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Western Marine Shipyard and its competitors. This is near median its historical median of 34.30. Over the past decade, Western Marine Shipyard's Operating Margin % has ranged from 27.40 to 39.74. According to the industry distribution chart, Western Marine Shipyard ranks #9 out of 350 companies in the Aerospace & Defense industry, placing it in the top 2.6%.
Is Western Marine Shipyard's Operating Margin % too high?
Western Marine Shipyard's current Operating Margin % of 36.30% is near median its 10-year median of 34.30. Over the past 10 years, this metric has ranged from a low of 27.40 to a high of 39.74. The Aerospace & Defense industry median Operating Margin % is 8.03. Western Marine Shipyard's value of 36.30% is 352.1% above this industry median. Based on the distribution chart, Western Marine Shipyard ranks #9 out of 350 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Western Marine Shipyard has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Marine Shipyard's Operating Margin % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Western Marine Shipyard ranks #9 out of 350 companies for Operating Margin %. This places Western Marine Shipyard in the top 3% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 8.03. Western Marine Shipyard's value of 36.30% is 352.1% above this benchmark. Historically, Western Marine Shipyard's own Operating Margin % has ranged from 27.40 to 39.74 over the past decade. While the company's 10-year median is 34.30 vs. the industry median of 8.03, Western Marine Shipyard 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 Aerospace & Defense company?
The median Operating Margin % among Aerospace & Defense companies is 8.03, based on 350 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. Western Marine Shipyard's current Operating Margin % of 36.30% is 352.1% 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 Western Marine Shipyard and its competitors. For the Aerospace & Defense industry, the median Operating Margin % is 8.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Marine Shipyard's current Operating Margin % is 36.30%, which is near median its own 10-year median of 34.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Marine Shipyard stock overvalued right now?
Based on GuruFocus' analysis, Western Marine Shipyard (DHA:WMSHIPYARD) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT13.10, compared to a current price of BDT9.70 — trading 26% below its estimated fair value. The current Operating Margin % is 36.30%, which is near median its 10-year median of 34.30 and 352.1% above the Aerospace & Defense industry median of 8.03. Western Marine Shipyard's overall GF Score™ is 71/100 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 Western Marine Shipyard (DHA:WMSHIPYARD), the current Operating Margin % is 36.30% as of Jun. 2025. 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 Western Marine Shipyard (DHA:WMSHIPYARD) Overvalued in 2026?
Based on GuruFocus' analysis, Western Marine Shipyard stock appears to be undervalued.
The current stock price of BDT9.70 is trading 26% below its estimated GF Value™ of BDT13.10.
GuruFocus considers Western Marine Shipyard to be Modestly Undervalued.
Key valuation signals for DHA:WMSHIPYARD:
Operating Margin %: 36.30% (near median its 10-year median of 34.30)
GF Value™: BDT13.10 vs. price of BDT9.70 (26% below fair value)
Industry Position: 352.1% above the Aerospace & Defense median (#9 of 350)
No single metric tells the full story. See the DHA:WMSHIPYARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Marine Shipyard Ltd is a public limited company engaged in shipbuilding and related marine engineering activities and operates as an export-oriented shipyard in Bangladesh. The Company specializes in the construction of various vessels, including multi-purpose cargo ships, inland container vessels, inland tankers, passenger ships, Ro-Ro ferries, port utility vessels, tugs, offshore petroleum vessels, fishing trawlers, barges, dredgers, and landing crafts. Its activities mainly comprise new shipbuilding for domestic use and for export markets, supported by in-house ship design facilities and shipyard operations. The Company operates in Bangladesh and has exported vessels to countries such as Germany, Norway, Ecuador, New Zealand, and Kenya, as well as serving domestic clients.
71GF Score
Get the complete analysis for DHA:WMSHIPYARD
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DHA:WMSHIPYARD has been successfully added to your 
