IWS Group Holdings (HKSE:06663) Operating Margin %: 1.93% (As of Mar. 2026) — 79% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:06663 IWS Group Holdings Ltd HKSE:06663
64 GF Score
Price HK$0.28
GF Value HK$0.36
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is IWS Group Holdings Operating Margin %?

IWS Group Holdings HKSE:06663 +1.82% 64 Operating Margin % is 1.93% as of Mar. 2026, which is 79% below its 10-year median of 9.32. GuruFocus rates HKSE:06663 with a GF Score™ of 64/100 and a GF Value™ of HK$0.36 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,067 Business Services companies, IWS Group Holdings ranks worse than 69.92% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. IWS Group Holdings's Operating Income for the six months ended in Mar. 2026 was HK$4.6 Mil. IWS Group Holdings's Revenue for the six months ended in Mar. 2026 was HK$236.6 Mil. Therefore, IWS Group Holdings's Operating Margin % for the quarter that ended in Mar. 2026 was 1.93%.

Warning Sign:

IWS Group Holdings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -40.1%.

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

HKSE:06663' s Operating Margin % Range Over the Past 10 Years
Min: 1.74   Med: 9.32   Max: 19.49
Current: 1.93


HKSE:06663's Operating Margin % is ranked worse than
69.92% of 1067 companies
in the Business Services industry
Industry Median: 6.32 vs HKSE:06663: 1.93

IWS Group Holdings's 5-Year Average Operating Margin % Growth Rate was -40.10% per year.

IWS Group Holdings's Operating Income for the six months ended in Mar. 2026 was HK$4.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was HK$9.0 Mil.


IWS Group Holdings  (HKSE:06663) 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.


IWS Group Holdings Operating Margin % Related Terms


IWS Group Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for IWS 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.

IWS Group Holdings Operating Margin % Chart

IWS Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.46 5.35 4.11 1.74 1.93

IWS Group Holdings Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.41 3.30 0.34 1.93 1.93

HKSE:06663 vs ALLE, MSA, ADT: Operating Margin % Comparison

For the Security & Protection Services subindustry, IWS 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.


IWS Group Holdings Operating Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, IWS Group Holdings's Operating Margin % distribution charts can be found below:

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


HKSE:06663
64GF Score
IWS Group Holdings Ltd HKSE:06663
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IWS 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.

IWS Group 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 )
=9.027 / 467.239
=1.93 %

IWS Group 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 )
=4.567 / 236.63
=1.93 %

* 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 1.93% mean?
IWS Group Holdings (HKSE:06663) has a Operating Margin % of 1.93% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on IWS Group Holdings and its competitors. This is 79% below median its historical median of 9.32. Over the past decade, IWS Group Holdings' Operating Margin % has ranged from 1.74 to 19.49. According to the industry distribution chart, IWS Group Holdings ranks #746 out of 1067 companies in the Business Services industry, placing it in the top 69.9%.
Is IWS Group Holdings' Operating Margin % too high?
IWS Group Holdings' current Operating Margin % of 1.93% is 79% below median its 10-year median of 9.32. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 19.49. The Business Services industry median Operating Margin % is 6.32. IWS Group Holdings' value of 1.93% is 69.5% below this industry median. Based on the distribution chart, IWS Group Holdings ranks #746 out of 1067 companies in the Business Services industry, which is below the industry midpoint. Overall, IWS Group Holdings has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IWS Group Holdings' Operating Margin % compare to ALLE and MSA?
According to the Business Services industry distribution chart, IWS Group Holdings ranks #746 out of 1067 companies for Operating Margin %. This places IWS Group Holdings in the lower half of its industry. The industry median Operating Margin % is 6.32. IWS Group Holdings' value of 1.93% is 69.5% below this benchmark. Historically, IWS Group Holdings' own Operating Margin % has ranged from 1.74 to 19.49 over the past decade. While the company's 10-year median is 9.32 vs. the industry median of 6.32, IWS Group 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 Business Services company?
The median Operating Margin % among Business Services companies is 6.32, based on 1,067 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. IWS Group Holdings's current Operating Margin % of 1.93% is 69.5% 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 IWS Group Holdings and its competitors. For the Business Services industry, the median Operating Margin % is 6.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IWS Group Holdings's current Operating Margin % is 1.93%, which is 79% below median its own 10-year median of 9.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IWS Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, IWS Group Holdings (HKSE:06663) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.36, compared to a current price of HK$0.28 — trading 22.2% below its estimated fair value. The current Operating Margin % is 1.93%, which is 79% below median its 10-year median of 9.32 and 69.5% below the Business Services industry median of 6.32. IWS Group Holdings' overall GF Score™ is 64/100 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 IWS Group Holdings (HKSE:06663), the current Operating Margin % is 1.93% 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 IWS Group Holdings (HKSE:06663) Overvalued in 2026?

Based on GuruFocus' analysis, IWS Group Holdings stock appears to be undervalued. The current stock price of HK$0.28 is trading 22.2% below its estimated GF Value™ of HK$0.36. GuruFocus considers IWS Group Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:06663:

  • Operating Margin %: 1.93% (79% below median its 10-year median of 9.32)
  • GF Value™: HK$0.36 vs. price of HK$0.28 (22.2% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 69.5% below the Business Services median (#746 of 1067)

No single metric tells the full story. See the HKSE:06663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IWS Group Holdings Business Description

Address No. 483A Castle Peak Road, 29/F, Excel Centre, Cheung Sha Wan, Kowloon, Hong Kong, HKG
IWS Group Holdings Ltd is engaged in the provision of security services and facility management services in Hong Kong. It operates through two segments. The Security Services segment that derives the majority of revenue provides security service personnel mainly for generally manned guarding, manpower support to the event and crisis security at railway stations and facilities, sea, land, and railway immigration control points, public amenities, private commercial, residential and other properties. The Facility Management Services segment engages in the provision of property management services, car park management services, cleaning services, hotel management services, rental of car parks, and sub-leasing of car parks.
64GF Score

Get the complete analysis for HKSE:06663

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

HK$0.28
Price
HK$0.36
GF Value