FSRCY (First Resources) Operating Margin %: 28.97% (As of Dec. 2025) — Near Median


FSRCY First Resources Ltd FSRCY
80 GF Score
Price $238.46
GF Value $189.83
Valuation Modestly Overvalued
! 3 Warning Signs
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What is First Resources Operating Margin %?

First Resources FSRCY 80 Operating Margin % is 28.97% as of Dec. 2025, which is 2% below its 10-year median of 29.66. GuruFocus rates FSRCY with a GF Score™ of 80/100 and a GF Value™ of $189.83 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,951 Consumer Packaged Goods companies, First Resources ranks better than 97.64% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. First Resources's Operating Income for the six months ended in Dec. 2025 was $286 Mil. First Resources's Revenue for the six months ended in Dec. 2025 was $987 Mil. Therefore, First Resources's Operating Margin % for the quarter that ended in Dec. 2025 was 28.97%.

Good Sign:

First Resources Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

FSRCY' s Operating Margin % Range Over the Past 10 Years
Min: 20.2   Med: 29.66   Max: 36.11
Current: 29.77


FSRCY's Operating Margin % is ranked better than
97.64% of 1951 companies
in the Consumer Packaged Goods industry
Industry Median: 5.26 vs FSRCY: 29.77

First Resources's 5-Year Average Operating Margin % Growth Rate was 1.70% per year.

First Resources's Operating Income for the six months ended in Dec. 2025 was $286 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $495 Mil.


First Resources  (OTCPK:FSRCY) 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.


First Resources Operating Margin % Related Terms


First Resources Operating Margin % Historical Data

* Premium members only.

The historical data trend for First Resources'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.

First Resources Operating Margin % Chart

First Resources 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 23.73 34.10 20.20 32.44 29.78

First Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 19.12 31.39 33.28 30.96 28.97

FSRCY vs KHC, GIS: Operating Margin % Comparison

For the Packaged Foods subindustry, First Resources'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.


First Resources Operating Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, First Resources's Operating Margin % distribution charts can be found below:

* The bar in red indicates where First Resources's Operating Margin % falls into.


FSRCY
80GF Score
First Resources Ltd FSRCY
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Resources 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.

First Resources'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 )
=494.621 / 1661.077
=29.78 %

First Resources's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=285.972 / 987.203
=28.97 %

* 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 28.97% mean?
First Resources (FSRCY) has a Operating Margin % of 28.97% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on First Resources and its competitors. This is near median its historical median of 29.66. Over the past decade, First Resources' Operating Margin % has ranged from 20.20 to 36.11. According to the industry distribution chart, First Resources ranks #46 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 2.4%.
Is First Resources' Operating Margin % too high?
First Resources' current Operating Margin % of 28.97% is near median its 10-year median of 29.66. Over the past 10 years, this metric has ranged from a low of 20.20 to a high of 36.11. The Consumer Packaged Goods industry median Operating Margin % is 5.26. First Resources' value of 28.97% is 450.8% above this industry median. Based on the distribution chart, First Resources ranks #46 out of 1951 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, First Resources has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Resources' Operating Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, First Resources ranks #46 out of 1951 companies for Operating Margin %. This places First Resources in the top 2% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.26. First Resources' value of 28.97% is 450.8% above this benchmark. Historically, First Resources' own Operating Margin % has ranged from 20.20 to 36.11 over the past decade. While the company's 10-year median is 29.66 vs. the industry median of 5.26, First Resources 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 Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.26, based on 1,951 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. First Resources's current Operating Margin % of 28.97% is 450.8% 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 First Resources and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Resources's current Operating Margin % is 28.97%, which is near median its own 10-year median of 29.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Resources stock overvalued right now?
Based on GuruFocus' analysis, First Resources (FSRCY) is currently considered Modestly Overvalued. The stock's GF Value™ is $189.83, compared to a current price of $238.46 — trading 25.6% above its estimated fair value. The current Operating Margin % is 28.97%, which is near median its 10-year median of 29.66 and 450.8% above the Consumer Packaged Goods industry median of 5.26. First Resources' overall GF Score™ is 80/100 with 3 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 First Resources (FSRCY), the current Operating Margin % is 28.97% as of Dec. 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 First Resources (FSRCY) Overvalued in 2026?

Based on GuruFocus' analysis, First Resources stock appears to be overvalued. The current stock price of $238.46 is trading 25.6% above its estimated GF Value™ of $189.83. GuruFocus considers First Resources to be Modestly Overvalued.

Key valuation signals for FSRCY:

  • Operating Margin %: 28.97% (near median its 10-year median of 29.66)
  • GF Value™: $189.83 vs. price of $238.46 (25.6% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 450.8% above the Consumer Packaged Goods median (#46 of 1951)

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


First Resources Business Description

Other Exchanges EB5:Singapore5F1:Germany
Address 7 Temasek Boulevard, No. 24-01, Suntec Tower One, Singapore, SGP, 038987
First Resources Ltd manages hectares of oil palm plantations located in Indonesia and mills fresh fruit bunches into crude palm oil and palm kernel. In addition, the group also processes crude palm oil and palm kernel into higher-value palm-based products such as refined, bleached, and deodorized olein and biodiesel. The operating segment of the company is Plantations, Palm Oil Mills & Refinery and Processing. The plantations and palm oil mills segment is principally involved in the cultivation and maintenance of oil palm plantations and the operation of palm oil mills. Refinery and processing segment markets and sells processed palm-based products produced from the refinery, fractionation and biodiesel plants, and other downstream processing facilities.
80GF Score

Get the complete analysis for FSRCY

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

$238.46
Price
$189.83
GF Value