Tata Steel Thailand PCLFRA:MVX 52 Operating Margin % is 2.56% as of Mar. 2026, which is 0% below its 10-year median of 2.57. GuruFocus rates FRA:MVX with a GF Score™ of 52/100 and a GF Value™ of €0.02 (Fairly Valued). The stock has 5 warning signs investors should review. Among 616 Steel companies, Tata Steel Thailand PCL ranks better than 76.95% on this metric.
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.
Tata Steel Thailand PCL Operating Margin % Related Terms
Tata Steel Thailand PCL Operating Margin % Historical Data
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The historical data trend for Tata Steel Thailand 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.
FRA:MVX vs NUE, STLD, RS: Operating Margin % Comparison
For the Steel subindustry, Tata Steel 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.
Tata Steel Thailand PCL Operating Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Tata Steel Thailand PCL's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Tata Steel Thailand 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.
Tata Steel Thailand PCL's Operating Margin % for the fiscal year that ended in Mar. 2026 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.
Tata Steel Thailand PCL (FRA:MVX) has a Operating Margin % of 2.56% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Tata Steel Thailand PCL and its competitors. This is near median its historical median of 2.57. According to the industry distribution chart, Tata Steel Thailand PCL ranks #142 out of 616 companies in the Steel industry, placing it in the top 23.1%.
Is Tata Steel Thailand PCL's Operating Margin % too high?
Tata Steel Thailand PCL's current Operating Margin % of 2.56% is near median its 10-year median of 2.57. The Steel industry median Operating Margin % is 3.00. Tata Steel Thailand PCL's value of 2.56% is 14.7% below this industry median. Based on the distribution chart, Tata Steel Thailand PCL ranks #142 out of 616 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tata Steel Thailand PCL has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tata Steel Thailand PCL's Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Tata Steel Thailand PCL ranks #142 out of 616 companies for Operating Margin %. This places Tata Steel Thailand PCL in the top 23% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.00. Tata Steel Thailand PCL's value of 2.56% is 14.7% below this benchmark. While the company's 10-year median is 2.57 vs. the industry median of 3.00, Tata Steel 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 3.00, based on 616 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. Tata Steel Thailand PCL's current Operating Margin % of 2.56% is 14.7% 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 Tata Steel Thailand PCL and its competitors. For the Steel industry, the median Operating Margin % is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Steel Thailand PCL's current Operating Margin % is 2.56%, which is near median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Steel Thailand PCL stock overvalued right now?
Based on GuruFocus' analysis, Tata Steel Thailand PCL (FRA:MVX) is currently considered Fairly Valued. The stock's GF Value™ is €0.02, compared to a current price of €0.02 — trading 7.5% above its estimated fair value. The current Operating Margin % is 2.56%, which is near median its 10-year median of 2.57 and 14.7% below the Steel industry median of 3.00. Tata Steel Thailand PCL's overall GF Score™ is 52/100 with 5 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 Tata Steel Thailand PCL (FRA:MVX), the current Operating Margin % is 2.56% 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 Tata Steel Thailand PCL (FRA:MVX) Overvalued in 2026?
Based on GuruFocus' analysis, Tata Steel Thailand PCL stock appears to be overvalued.
The current stock price of €0.02 is trading 7.5% above its estimated GF Value™ of €0.02.
GuruFocus considers Tata Steel Thailand PCL to be Fairly Valued.
Key valuation signals for FRA:MVX:
Operating Margin %: 2.56% (near median its 10-year median of 2.57)
GF Value™: €0.02 vs. price of €0.02 (7.5% above fair value)
Industry Position: 14.7% below the Steel median (#142 of 616)
No single metric tells the full story. See the FRA:MVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tata Steel Thailand PCL is a Thailand-based holding company that is engaged in investing in other companies and providing management services. The company is engaged in manufacturing, rendering manufacturing services, distributing, and trading of steel bars, wire rods, and small-section products through its subsidiaries. The company operates in a single segment, being the Manufacturing and distribution of long steel products. Its product line includes rebar, deformed bar, round bar, cut and bend bars, wire rods, including high carbon wire rods and low carbon, special wire rods, and others.
52GF Score
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