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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.
Futian HoldingsHKSE:08196 +10.13%66 Operating Margin % is 12.28% as of Dec. 2025, which is 1311% above its 10-year median of 0.87. GuruFocus rates HKSE:08196 with a GF Score™ of 66/100 and a GF Value™ of HK$1.28 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 236 Waste Management companies, Futian Holdings ranks better than 51.69% on this metric.
The historical rank and industry rank for Futian Holdings's Operating Margin % or its related term are showing as below:
HKSE:08196'
s Operating Margin % Range Over the Past 10 Years
Min: -27.66 Med: 0.87 Max: 21.59
Current: 7.21
HKSE:08196's Operating Margin % is ranked better than 51.69% of 236
companies
in the Waste Management industry
Industry Median: 6.615
vs HKSE:08196: 7.21
Futian Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
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.
Futian Holdings Operating Margin % Related Terms
Futian Holdings Operating Margin % Historical Data
* Premium members only.
The historical data trend for Futian 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.
HKSE:08196 vs WM, RSG, WCN: Operating Margin % Comparison
For the Waste Management subindustry, Futian 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.
Futian Holdings Operating Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Futian Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Futian Holdings's Operating Margin % falls into.
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.
Futian Holdings's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Futian Holdings (HKSE:08196) has a Operating Margin % of 12.28% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Futian Holdings and its competitors. This is 1311% above median its historical median of 0.87. According to the industry distribution chart, Futian Holdings ranks #114 out of 236 companies in the Waste Management industry, placing it in the top 48.3%.
Is Futian Holdings' Operating Margin % too high?
Futian Holdings' current Operating Margin % of 12.28% is 1311% above median its 10-year median of 0.87. The Waste Management industry median Operating Margin % is 6.62. Futian Holdings' value of 12.28% is 85.6% above this industry median. Based on the distribution chart, Futian Holdings ranks #114 out of 236 companies in the Waste Management industry, which is above the industry midpoint. Overall, Futian Holdings has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Futian Holdings' Operating Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Futian Holdings ranks #114 out of 236 companies for Operating Margin %. This puts Futian Holdings in the upper half of its industry. The industry median Operating Margin % is 6.62. Futian Holdings' value of 12.28% is 85.6% above this benchmark. While the company's 10-year median is 0.87 vs. the industry median of 6.62, Futian Holdings 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 Waste Management company?
The median Operating Margin % among Waste Management companies is 6.62, based on 236 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. Futian Holdings's current Operating Margin % of 12.28% is 85.6% 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 Futian Holdings and its competitors. For the Waste Management industry, the median Operating Margin % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Futian Holdings's current Operating Margin % is 12.28%, which is 1311% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Futian Holdings stock overvalued right now?
Based on GuruFocus' analysis, Futian Holdings (HKSE:08196) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.28, compared to a current price of HK$0.87 — trading 32% below its estimated fair value. The current Operating Margin % is 12.28%, which is 1311% above median its 10-year median of 0.87 and 85.6% above the Waste Management industry median of 6.62. Futian Holdings' overall GF Score™ is 66/100 with 7 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 Futian Holdings (HKSE:08196), the current Operating Margin % is 12.28% as of Dec. 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 Futian Holdings (HKSE:08196) Overvalued in 2026?
Based on GuruFocus' analysis, Futian Holdings stock appears to be undervalued.
The current stock price of HK$0.87 is trading 32% below its estimated GF Value™ of HK$1.28.
GuruFocus considers Futian Holdings to be Possible Value Trap.
Key valuation signals for HKSE:08196:
Operating Margin %: 12.28% (1311% above median its 10-year median of 0.87)
GF Value™: HK$1.28 vs. price of HK$0.87 (32% below fair value)
Industry Position: 85.6% above the Waste Management median (#114 of 236)
No single metric tells the full story. See the HKSE:08196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Futian Holdings Ltd is an investment holding company. It is principally engaged in environmental protection business, such as wastewater treatment and soil remediation, through design, construction, operation and maintenance service of related facilities; trading of related equipments; provision of online advertising and related services for online games; and property leasing and sub-leasing. in the environmental protection business. It has six reportable segments engineering, procurement and construction project (EPC Projects); equipment; service concession arrangement; the advertising; property leasing; and Others segment of which majority of revenue comes from EPC Projects segment comprises of the overall design, procurement and construction of sludge or wastewater treatment facilities.
66GF Score
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