SG Group Holdings (HKSE:01657) Operating Margin %: -0.77% (As of Apr. 2026)

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HKSE:01657 SG Group Holdings Ltd HKSE:01657
55 GF Score
Price HK$49.50
GF Value HK$10.93
Valuation Significantly Overvalued
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What is SG Group Holdings Operating Margin %?

SG Group Holdings HKSE:01657 55 Operating Margin % is -0.77% as of Apr. 2026. GuruFocus rates HKSE:01657 with a GF Score™ of 55/100 and a GF Value™ of HK$10.93 (Significantly Overvalued). Among 1,131 Retail - Cyclical companies, SG Group Holdings ranks worse than 84.17% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. SG Group Holdings's Operating Income for the six months ended in Apr. 2026 was HK$-0.7 Mil. SG Group Holdings's Revenue for the six months ended in Apr. 2026 was HK$85.3 Mil. Therefore, SG Group Holdings's Operating Margin % for the quarter that ended in Apr. 2026 was -0.77%.

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

HKSE:01657' s Operating Margin % Range Over the Past 10 Years
Min: -11.42   Med: -0.56   Max: 16.29
Current: -3.94


HKSE:01657's Operating Margin % is ranked worse than
84.17% of 1131 companies
in the Retail - Cyclical industry
Industry Median: 3.89 vs HKSE:01657: -3.94

SG Group Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

SG Group Holdings's Operating Income for the six months ended in Apr. 2026 was HK$-0.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was HK$-6.6 Mil.


SG Group Holdings  (HKSE:01657) 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.


SG Group Holdings Operating Margin % Related Terms


SG Group Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for SG Group Holdings'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.

SG Group Holdings Operating Margin % Chart

SG Group Holdings Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 -7.90 -11.42 -1.98 -3.94

SG Group Holdings Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 -15.23 -13.08 6.02 -7.28 -0.77

HKSE:01657 vs TJX, ROST, BURL: Operating Margin % Comparison

For the Apparel Retail subindustry, SG Group Holdings'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.


SG Group Holdings Operating Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SG Group Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where SG Group Holdings's Operating Margin % falls into.


HKSE:01657
55GF Score
SG Group Holdings Ltd HKSE:01657
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SG Group Holdings 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.

SG Group Holdings's Operating Margin % for the fiscal year that ended in Apr. 2026 is calculated as

Operating Margin %=Operating Income (A: Apr. 2026 ) / Revenue (A: Apr. 2026 )
=-6.553 / 166.245
=-3.94 %

SG Group Holdings's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as

Operating Margin %=Operating Income (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=-0.66 / 85.339
=-0.77 %

* 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 -0.77% mean?
SG Group Holdings (HKSE:01657) has a Operating Margin % of -0.77% as of Apr. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on SG Group Holdings and its competitors. According to the industry distribution chart, SG Group Holdings ranks #952 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 84.2%.
Is SG Group Holdings' Operating Margin % too high?
SG Group Holdings' current Operating Margin % is -0.77%. Based on the distribution chart, SG Group Holdings ranks #952 out of 1131 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, SG Group Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SG Group Holdings' Operating Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, SG Group Holdings ranks #952 out of 1131 companies for Operating Margin %. This places SG Group Holdings in the lower half of its industry. The industry median Operating Margin % is 3.89. 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.89, based on 1,131 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. 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 SG Group Holdings and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SG Group Holdings's current Operating Margin % is -0.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SG Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, SG Group Holdings (HKSE:01657) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$10.93, compared to a current price of HK$49.50 — trading 352.9% above its estimated fair value. The current Operating Margin % is -0.77%. SG Group Holdings' overall GF Score™ is 55/100. 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 SG Group Holdings (HKSE:01657), the current Operating Margin % is -0.77% as of Apr. 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 SG Group Holdings (HKSE:01657) Overvalued in 2026?

Based on GuruFocus' analysis, SG Group Holdings stock appears to be overvalued. The current stock price of HK$49.50 is trading 352.9% above its estimated GF Value™ of HK$10.93. GuruFocus considers SG Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01657:

  • Operating Margin %: -0.77%
  • GF Value™: HK$10.93 vs. price of HK$49.50 (352.9% above fair value)
  • GF Score™: 55/100

No single metric tells the full story. See the HKSE:01657 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SG Group Holdings Business Description

Address 1-7 Wah Sing Street, Unit B, 9th Floor, Mai Wah Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
SG Group Holdings Ltd is an investment holding company. The company's operating segment includes the Supply of Apparel Products Traditional, the Supply of Apparel Products New Retail, and the Provision of institutional catering. It generates maximum revenue from the Supply of Apparel Products segment, which is engaged in the supply of apparel products with designing and sourcing services to fashion retailers. The company earns maximum revenue from the sale of Womenswear, Childrenswear, and Menswear products. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in the PRC, Germany, the United States of America, Hong Kong, Ireland, Canada, and other countries.
55GF Score

Get the complete analysis for HKSE:01657

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

HK$49.50
Price
HK$10.93
GF Value