Ptt PCL (FRA:PTOG) Operating Margin %: 17.91% (As of Mar. 2026) — 125% Above Median


FRA:PTOG Ptt PCL FRA:PTOG
58 GF Score
Price €0.91
GF Value €0.79
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Ptt PCL Operating Margin %?

Ptt PCL FRA:PTOG -1.63% 58 Operating Margin % is 17.91% as of Mar. 2026, which is 125% above its 10-year median of 7.97. GuruFocus rates FRA:PTOG with a GF Score™ of 58/100 and a GF Value™ of €0.79 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 916 Oil & Gas companies, Ptt PCL ranks better than 53.93% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ptt PCL's Operating Income for the three months ended in Mar. 2026 was €3,452 Mil. Ptt PCL's Revenue for the three months ended in Mar. 2026 was €19,270 Mil. Therefore, Ptt PCL's Operating Margin % for the quarter that ended in Mar. 2026 was 17.91%.

Warning Sign:

Ptt PCL operating margin has been in a 5-year decline. The average rate of decline per year is -1.4%.

The historical rank and industry rank for Ptt PCL's Operating Margin % or its related term are showing as below:

FRA:PTOG' s Operating Margin % Range Over the Past 10 Years
Min: 3.69   Med: 7.97   Max: 10.99
Current: 8.09


FRA:PTOG's Operating Margin % is ranked better than
53.93% of 916 companies
in the Oil & Gas industry
Industry Median: 6.86 vs FRA:PTOG: 8.09

Ptt PCL's 5-Year Average Operating Margin % Growth Rate was -1.40% per year.

Ptt PCL's Operating Income for the three months ended in Mar. 2026 was €3,452 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €5,809 Mil.


Ptt PCL  (FRA:PTOG) 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 Nokia’s 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.


Ptt PCL Operating Margin % Related Terms


Ptt PCL Operating Margin % Historical Data

* Premium members only.

The historical data trend for Ptt 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.

Ptt PCL Operating Margin % Chart

Ptt PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.99 8.58 7.35 5.76 5.07

Ptt PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.67 3.96 5.76 3.77 17.91

FRA:PTOG vs XOM, CVX: Operating Margin % Comparison

For the Oil & Gas Integrated subindustry, Ptt 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.


Ptt PCL Operating Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ptt PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Ptt PCL's Operating Margin % falls into.


FRA:PTOG
58GF Score
Ptt PCL FRA:PTOG
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ptt 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.

Ptt PCL's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=3646.956 / 72002.275
=5.07 %

Ptt PCL's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=3451.555 / 19269.951
=17.91 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 17.91% mean?
Ptt PCL (FRA:PTOG) has a Operating Margin % of 17.91% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Ptt PCL and its competitors. This is 125% above median its historical median of 7.97. Over the past decade, Ptt PCL's Operating Margin % has ranged from 3.69 to 10.99. According to the industry distribution chart, Ptt PCL ranks #422 out of 916 companies in the Oil & Gas industry, placing it in the top 46.1%.
Is Ptt PCL's Operating Margin % too high?
Ptt PCL's current Operating Margin % of 17.91% is 125% above median its 10-year median of 7.97. Over the past 10 years, this metric has ranged from a low of 3.69 to a high of 10.99. The Oil & Gas industry median Operating Margin % is 6.86. Ptt PCL's value of 17.91% is 161.1% above this industry median. Based on the distribution chart, Ptt PCL ranks #422 out of 916 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ptt PCL has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ptt PCL's Operating Margin % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Ptt PCL ranks #422 out of 916 companies for Operating Margin %. This puts Ptt PCL in the upper half of its industry. The industry median Operating Margin % is 6.86. Ptt PCL's value of 17.91% is 161.1% above this benchmark. Historically, Ptt PCL's own Operating Margin % has ranged from 3.69 to 10.99 over the past decade. While the company's 10-year median is 7.97 vs. the industry median of 6.86, Ptt PCL 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 Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.86, based on 916 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. Ptt PCL's current Operating Margin % of 17.91% is 161.1% 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 Ptt PCL and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ptt PCL's current Operating Margin % is 17.91%, which is 125% above median its own 10-year median of 7.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ptt PCL stock overvalued right now?
Based on GuruFocus' analysis, Ptt PCL (FRA:PTOG) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.79, compared to a current price of €0.91 — trading 14.6% above its estimated fair value. The current Operating Margin % is 17.91%, which is 125% above median its 10-year median of 7.97 and 161.1% above the Oil & Gas industry median of 6.86. Ptt PCL's overall GF Score™ is 58/100 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 Ptt PCL (FRA:PTOG), the current Operating Margin % is 17.91% 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 Ptt PCL (FRA:PTOG) Overvalued in 2026?

Based on GuruFocus' analysis, Ptt PCL stock appears to be overvalued. The current stock price of €0.91 is trading 14.6% above its estimated GF Value™ of €0.79. GuruFocus considers Ptt PCL to be Modestly Overvalued.

Key valuation signals for FRA:PTOG:

  • Operating Margin %: 17.91% (125% above median its 10-year median of 7.97)
  • GF Value™: €0.79 vs. price of €0.91 (14.6% above fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 161.1% above the Oil & Gas median (#422 of 916)

No single metric tells the full story. See the FRA:PTOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ptt PCL Business Description

Industry EnergyOil & Gas
Address 555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok, THA, 10900
Ptt PCL is an integrated national petroleum and petrochemical company based out of Thailand. The Group is organized into business groups based on types of products and services. The segments of the Group are Upstream petroleum and Natural gas business group which is further divided into Petroleum exploration and production business and Natural gas business. Downstream petroleum business group is divided into Oil and retail business; International trading business and Petrochemical and Refining business. New business and sustainability group includes emphasis on decarbonization to achieve the Net Zero Emission.
58GF Score

Get the complete analysis for FRA:PTOG

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.91
Price
€0.79
GF Value