GBSMF (Ginebran Miguel) Operating Margin %: 16.91% (As of Mar. 2026) — 46% Above Median


GBSMF Ginebra San Miguel Inc GBSMF
90 GF Score
Price $2.09
GF Value $2.30
! 1 Warning Sign
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What is Ginebran Miguel Operating Margin %?

Ginebran Miguel GBSMF 90 Operating Margin % is 16.91% as of Mar. 2026, which is 46% above its 10-year median of 11.59. GuruFocus rates GBSMF with a GF Score™ of 90/100 and a GF Value™ of $2.30. The stock has 1 warning sign investors should review. Among 210 Beverages - Alcoholic companies, Ginebran Miguel ranks better than 74.29% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ginebran Miguel's Operating Income for the three months ended in Mar. 2026 was $46 Mil. Ginebran Miguel's Revenue for the three months ended in Mar. 2026 was $273 Mil. Therefore, Ginebran Miguel's Operating Margin % for the quarter that ended in Mar. 2026 was 16.91%.

Good Sign:

Ginebra San Miguel Inc operating margin is expanding. Margin expansion is usually a good sign.

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

GBSMF' s Operating Margin % Range Over the Past 10 Years
Min: 5.1   Med: 11.59   Max: 15.94
Current: 15.94


GBSMF's Operating Margin % is ranked better than
74.29% of 210 companies
in the Beverages - Alcoholic industry
Industry Median: 7.915 vs GBSMF: 15.94

Ginebran Miguel's 5-Year Average Operating Margin % Growth Rate was 6.40% per year.

Ginebran Miguel's Operating Income for the three months ended in Mar. 2026 was $46 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $177 Mil.


Ginebran Miguel  (OTCPK:GBSMF) 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.


Ginebran Miguel Operating Margin % Related Terms


Ginebran Miguel Operating Margin % Historical Data

* Premium members only.

The historical data trend for Ginebran Miguel'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.

Ginebran Miguel Operating Margin % Chart

Ginebran Miguel 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 12.54 12.75 12.83 13.82 15.50

Ginebran Miguel 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 15.15 15.58 15.57 15.69 16.91

GBSMF vs BF.B: Operating Margin % Comparison

For the Beverages - Wineries & Distilleries subindustry, Ginebran Miguel'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.


Ginebran Miguel Operating Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Ginebran Miguel's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Ginebran Miguel's Operating Margin % falls into.


GBSMF
90GF Score
Ginebra San Miguel Inc GBSMF
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ginebran Miguel 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.

Ginebran Miguel'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 )
=170.629 / 1100.599
=15.50 %

Ginebran Miguel'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 )
=46.226 / 273.336
=16.91 %

* 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 16.91% mean?
Ginebran Miguel (GBSMF) has a Operating Margin % of 16.91% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Ginebran Miguel and its competitors. This is 46% above median its historical median of 11.59. Over the past decade, Ginebran Miguel's Operating Margin % has ranged from 5.10 to 15.94. According to the industry distribution chart, Ginebran Miguel ranks #54 out of 210 companies in the Beverages - Alcoholic industry, placing it in the top 25.7%.
Is Ginebran Miguel's Operating Margin % too high?
Ginebran Miguel's current Operating Margin % of 16.91% is 46% above median its 10-year median of 11.59. Over the past 10 years, this metric has ranged from a low of 5.10 to a high of 15.94. The Beverages - Alcoholic industry median Operating Margin % is 7.92. Ginebran Miguel's value of 16.91% is 113.6% above this industry median. Based on the distribution chart, Ginebran Miguel ranks #54 out of 210 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Ginebran Miguel has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Ginebran Miguel's Operating Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Ginebran Miguel ranks #54 out of 210 companies for Operating Margin %. This puts Ginebran Miguel in the upper half of its industry. The industry median Operating Margin % is 7.92. Ginebran Miguel's value of 16.91% is 113.6% above this benchmark. Historically, Ginebran Miguel's own Operating Margin % has ranged from 5.10 to 15.94 over the past decade. While the company's 10-year median is 11.59 vs. the industry median of 7.92, Ginebran Miguel 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 Beverages - Alcoholic company?
The median Operating Margin % among Beverages - Alcoholic companies is 7.92, based on 210 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. Ginebran Miguel's current Operating Margin % of 16.91% is 113.6% 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 Ginebran Miguel and its competitors. For the Beverages - Alcoholic industry, the median Operating Margin % is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ginebran Miguel's current Operating Margin % is 16.91%, which is 46% above median its own 10-year median of 11.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ginebran Miguel stock overvalued right now?
Ginebran Miguel (GBSMF) has a current Operating Margin % of 16.91%. The stock's GF Value™ is $2.30, compared to a current price of $2.09 — trading 9.1% below its estimated fair value. The current Operating Margin % is 16.91%, which is 46% above median its 10-year median of 11.59 and 113.6% above the Beverages - Alcoholic industry median of 7.92. Ginebran Miguel's overall GF Score™ is 90/100 with 1 warning sign 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 Ginebran Miguel (GBSMF), the current Operating Margin % is 16.91% 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 Ginebran Miguel (GBSMF) Overvalued in 2026?

Based on GuruFocus' analysis, Ginebran Miguel stock appears to be undervalued. The current stock price of $2.09 is trading 9.1% below its estimated GF Value™ of $2.30.

Key valuation signals for GBSMF:

  • Operating Margin %: 16.91% (46% above median its 10-year median of 11.59)
  • GF Value™: $2.30 vs. price of $2.09 (9.1% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 113.6% above the Beverages - Alcoholic median (#54 of 210)

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


Ginebran Miguel Business Description

Other Exchanges GSMI:Philippines
Address St. Francis Street, Ortigas Center, 3rd and 6th Floor, San Miguel Properties Centre, Mandaluyong, PHL, 1550
Ginebra San Miguel Inc manufactures and sells alcoholic beverages in the Philippines. It offers alcoholic beverages, under the following brand names: Ginebra San Miguel gin, GSM Blue, GSM Blue Flavors, Ginebra San Miguel Premium Gin, Antonov Vodka, Primera Light Brandy, Vino Kulafu, and Antonov vodka.
90GF Score

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

$2.09
Price
$2.30
GF Value