HKSE:01428'
s Operating Margin % Range Over the Past 10 Years
Min: 43.5 Med: 53.99 Max: 61.85
Current: 57.5
HKSE:01428's Operating Margin % is ranked better than 86.34% of 666
companies
in the Capital Markets industry
Industry Median: 7.265
vs HKSE:01428: 57.50
Bright Smart Securitiesmmodities Group (HKSE:01428) 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.
Bright Smart Securitiesmmodities Group Operating Margin % Related Terms
Bright Smart Securitiesmmodities Group Operating Margin % Historical Data
* 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.
Bright Smart Securitiesmmodities Group Operating Margin % Chart
Bright Smart Securitiesmmodities Group Annual Data
HKSE:01428 vs MS, GS, SCHW: Operating Margin % Comparison
For the Capital Markets subindustry, Bright Smart Securitiesmmodities Group'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.
Bright Smart Securitiesmmodities Group Operating Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bright Smart Securitiesmmodities Group's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Bright Smart Securitiesmmodities Group's Operating Margin % falls into.
Bright Smart Securitiesmmodities Group 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.
* 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.
Bright Smart Securitiesmmodities Group (HKSE:01428) has a Operating Margin % of 58.97% as of Sep. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Bright Smart Securitiesmmodities Group and its competitors. This is near median its historical median of 53.99. Over the past decade, Bright Smart Securitiesmmodities Group's Operating Margin % has ranged from 43.50 to 61.85. According to the industry distribution chart, Bright Smart Securitiesmmodities Group ranks #91 out of 666 companies in the Capital Markets industry, placing it in the top 13.7%.
Is Bright Smart Securitiesmmodities Group's Operating Margin % too high?
Bright Smart Securitiesmmodities Group's current Operating Margin % of 58.97% is near median its 10-year median of 53.99. Over the past 10 years, this metric has ranged from a low of 43.50 to a high of 61.85. The Capital Markets industry median Operating Margin % is 7.27. Bright Smart Securitiesmmodities Group's value of 58.97% is 711.7% above this industry median. Based on the distribution chart, Bright Smart Securitiesmmodities Group ranks #91 out of 666 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Bright Smart Securitiesmmodities Group has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Smart Securitiesmmodities Group's Operating Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Bright Smart Securitiesmmodities Group ranks #91 out of 666 companies for Operating Margin %. This places Bright Smart Securitiesmmodities Group in the top 14% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.27. Bright Smart Securitiesmmodities Group's value of 58.97% is 711.7% above this benchmark. Historically, Bright Smart Securitiesmmodities Group's own Operating Margin % has ranged from 43.50 to 61.85 over the past decade. While the company's 10-year median is 53.99 vs. the industry median of 7.27, Bright Smart Securitiesmmodities Group 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 Capital Markets company?
The median Operating Margin % among Capital Markets companies is 7.27, based on 666 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. Bright Smart Securitiesmmodities Group's current Operating Margin % of 58.97% is 711.7% 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 Bright Smart Securitiesmmodities Group and its competitors. For the Capital Markets industry, the median Operating Margin % is 7.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Smart Securitiesmmodities Group's current Operating Margin % is 58.97%, which is near median its own 10-year median of 53.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Smart Securitiesmmodities Group stock overvalued right now?
Based on GuruFocus' analysis, Bright Smart Securitiesmmodities Group (HKSE:01428) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$2.28, compared to a current price of HK$7.05 — trading 209.2% above its estimated fair value. The current Operating Margin % is 58.97%, which is near median its 10-year median of 53.99 and 711.7% above the Capital Markets industry median of 7.27. Bright Smart Securitiesmmodities Group's overall GF Score™ is 51/100 with 4 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 Bright Smart Securitiesmmodities Group (HKSE:01428), the current Operating Margin % is 58.97% as of Sep. 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 Bright Smart Securitiesmmodities Group (HKSE:01428) Overvalued in 2026?
Based on GuruFocus' analysis, Bright Smart Securitiesmmodities Group stock appears to be overvalued.
The current stock price of HK$7.05 is trading 209.2% above its estimated GF Value™ of HK$2.28.
GuruFocus considers Bright Smart Securitiesmmodities Group to be Significantly Overvalued.
Key valuation signals for HKSE:01428:
Operating Margin %: 58.97% (near median its 10-year median of 53.99)
GF Value™: HK$2.28 vs. price of HK$7.05 (209.2% above fair value)
Industry Position: 711.7% above the Capital Markets median (#91 of 666)
No single metric tells the full story. See the HKSE:01428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bright Smart Securitiesmmodities Group Business Description
Bright Smart Securities & Commodities Group Ltd is a company that provides financial services, including securities broking, margin financing, commodities & futures broking, bullion trading and leveraged foreign exchange trading. The company operates via three segments. The Securities broking segment offers broking services in securities traded in Hong Kong and select overseas markets and provides margin financing services to its broking customers. The Commodities and futures broking segment offers broking services in commodities and futures contracts traded in Hong Kong and overseas markets. The Bullion trading segment provides trading services in bullion contracts traded overseas. The company generates majority of its revenue from the Securities broking segment.
51GF Score
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