Palasino Holdings (HKSE:02536) Operating Margin %: 3.58% (As of Mar. 2026) — 48% Below Median

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HKSE:02536 Palasino Holdings Ltd HKSE:02536
43 GF Score
Price HK$0.84
! 4 Warning Signs
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What is Palasino Holdings Operating Margin %?

Palasino Holdings HKSE:02536 43 Operating Margin % is 3.58% as of Mar. 2026, which is 48% below its 10-year median of 6.84. GuruFocus rates HKSE:02536 with a GF Score™ of 43/100. The stock has 4 warning signs investors should review. Among 842 Travel & Leisure companies, Palasino Holdings ranks worse than 61.52% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Palasino Holdings's Operating Income for the six months ended in Mar. 2026 was HK$11.0 Mil. Palasino Holdings's Revenue for the six months ended in Mar. 2026 was HK$305.9 Mil. Therefore, Palasino Holdings's Operating Margin % for the quarter that ended in Mar. 2026 was 3.58%.

Warning Sign:

Palasino Holdings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -3.7%.

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

HKSE:02536' s Operating Margin % Range Over the Past 10 Years
Min: 2.57   Med: 6.84   Max: 17.24
Current: 4.61


HKSE:02536's Operating Margin % is ranked worse than
61.52% of 842 companies
in the Travel & Leisure industry
Industry Median: 8.245 vs HKSE:02536: 4.61

Palasino Holdings's 5-Year Average Operating Margin % Growth Rate was -3.70% per year.

Palasino Holdings's Operating Income for the six months ended in Mar. 2026 was HK$11.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was HK$28.2 Mil.


Palasino Holdings  (HKSE:02536) 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.


Palasino Holdings Operating Margin % Related Terms


Palasino Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Palasino 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.

Palasino Holdings Operating Margin % Chart

Palasino Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial 17.24 14.07 8.76 4.91 4.61

Palasino Holdings Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.03 7.72 2.13 5.63 3.58

HKSE:02536 vs LVS, MGM, WYNN: Operating Margin % Comparison

For the Resorts & Casinos subindustry, Palasino 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.


Palasino Holdings Operating Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Palasino Holdings's Operating Margin % distribution charts can be found below:

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


HKSE:02536
43GF Score
Palasino Holdings Ltd HKSE:02536
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Palasino 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.

Palasino Holdings's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=28.15 / 611.119
=4.61 %

Palasino Holdings'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 )
=10.962 / 305.9
=3.58 %

* 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 3.58% mean?
Palasino Holdings (HKSE:02536) has a Operating Margin % of 3.58% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Palasino Holdings and its competitors. This is 48% below median its historical median of 6.84. Over the past decade, Palasino Holdings' Operating Margin % has ranged from 2.57 to 17.24. According to the industry distribution chart, Palasino Holdings ranks #518 out of 842 companies in the Travel & Leisure industry, placing it in the top 61.5%.
Is Palasino Holdings' Operating Margin % too high?
Palasino Holdings' current Operating Margin % of 3.58% is 48% below median its 10-year median of 6.84. Over the past 10 years, this metric has ranged from a low of 2.57 to a high of 17.24. The Travel & Leisure industry median Operating Margin % is 8.25. Palasino Holdings' value of 3.58% is 56.6% below this industry median. Based on the distribution chart, Palasino Holdings ranks #518 out of 842 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Palasino Holdings has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Palasino Holdings' Operating Margin % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Palasino Holdings ranks #518 out of 842 companies for Operating Margin %. This places Palasino Holdings in the lower half of its industry. The industry median Operating Margin % is 8.25. Palasino Holdings' value of 3.58% is 56.6% below this benchmark. Historically, Palasino Holdings' own Operating Margin % has ranged from 2.57 to 17.24 over the past decade. While the company's 10-year median is 6.84 vs. the industry median of 8.25, Palasino Holdings has consistently been below 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 Travel & Leisure company?
The median Operating Margin % among Travel & Leisure companies is 8.25, based on 842 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. Palasino Holdings's current Operating Margin % of 3.58% is 56.6% below 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 Palasino Holdings and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palasino Holdings's current Operating Margin % is 3.58%, which is 48% below median its own 10-year median of 6.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palasino Holdings stock overvalued right now?
Palasino Holdings (HKSE:02536) has a current Operating Margin % of 3.58%. The current Operating Margin % is 3.58%, which is 48% below median its 10-year median of 6.84 and 56.6% below the Travel & Leisure industry median of 8.25. Palasino Holdings' overall GF Score™ is 43/100 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 Palasino Holdings (HKSE:02536), the current Operating Margin % is 3.58% 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.

Palasino Holdings Business Description

Address 121 Des Voeux Road Central, 16th Floor, Far East Consortium Building, Hong Kong, HKG
Palasino Holdings Ltd is an entertainment, gaming, and leisure group comprising one integrated land-based casino and resort and two full-service land-based casinos operating in the Czech Republic, offering slot machines and table games, and three hotels in Germany and one hotel in Austria that offer accommodation, catering, conference, and leisure services. It operates into two reportable segments: Gaming operations comprising the operation of casinos; and Hotel, catering and leasing operations segment, which includes the operation of hotels, catering, and related services. Maximum revenue is generated from its Gaming operations segment. Geographically, the group generates maximum revenue from the Czech Republic.
43GF Score

Get the complete analysis for HKSE:02536

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

HK$0.84
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