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Migao Group HoldingsHKSE:09879 +1.28%44 Operating Margin % is 8.51% as of Mar. 2026, which is 7% below its 10-year median of 9.16. GuruFocus rates HKSE:09879 with a GF Score™ of 44/100. The stock has 6 warning signs investors should review. Among 248 Agriculture companies, Migao Group Holdings ranks better than 53.23% on this metric.
Migao Group Holdings (HKSE:09879) 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.
Migao Group Holdings Operating Margin % Related Terms
Migao Group Holdings Operating Margin % Historical Data
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The historical data trend for Migao 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.
HKSE:09879 vs CTVA, CF, MOS: Operating Margin % Comparison
For the Agricultural Inputs subindustry, Migao 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.
Migao Group Holdings Operating Margin % vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Migao Group Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Migao Group Holdings's Operating Margin % falls into.
Migao 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.
Migao Group Holdings's Operating Margin % for the fiscal year that ended in Mar. 2026 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.
Migao Group Holdings (HKSE:09879) has a Operating Margin % of 8.51% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Migao Group Holdings and its competitors. This is near median its historical median of 9.16. Over the past decade, Migao Group Holdings' Operating Margin % has ranged from 5.91 to 11.65. According to the industry distribution chart, Migao Group Holdings ranks #116 out of 248 companies in the Agriculture industry, placing it in the top 46.8%.
Is Migao Group Holdings' Operating Margin % too high?
Migao Group Holdings' current Operating Margin % of 8.51% is near median its 10-year median of 9.16. Over the past 10 years, this metric has ranged from a low of 5.91 to a high of 11.65. The Agriculture industry median Operating Margin % is 7.05. Migao Group Holdings' value of 8.51% is 20.7% above this industry median. Based on the distribution chart, Migao Group Holdings ranks #116 out of 248 companies in the Agriculture industry, which is above the industry midpoint. Overall, Migao Group Holdings has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Migao Group Holdings' Operating Margin % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Migao Group Holdings ranks #116 out of 248 companies for Operating Margin %. This puts Migao Group Holdings in the upper half of its industry. The industry median Operating Margin % is 7.05. Migao Group Holdings' value of 8.51% is 20.7% above this benchmark. Historically, Migao Group Holdings' own Operating Margin % has ranged from 5.91 to 11.65 over the past decade. While the company's 10-year median is 9.16 vs. the industry median of 7.05, Migao Group 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 an Agriculture company?
The median Operating Margin % among Agriculture companies is 7.05, based on 248 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. Migao Group Holdings's current Operating Margin % of 8.51% is 20.7% 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 Migao Group Holdings and its competitors. For the Agriculture industry, the median Operating Margin % is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Migao Group Holdings's current Operating Margin % is 8.51%, which is near median its own 10-year median of 9.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migao Group Holdings stock overvalued right now?
Migao Group Holdings (HKSE:09879) has a current Operating Margin % of 8.51%. The current Operating Margin % is 8.51%, which is near median its 10-year median of 9.16 and 20.7% above the Agriculture industry median of 7.05. Migao Group Holdings' overall GF Score™ is 44/100 with 6 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 Migao Group Holdings (HKSE:09879), the current Operating Margin % is 8.51% 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.
Migao Group Holdings Ltd is a national potash fertilizer company in China with sourcing and procurement, processing, and manufacturing. It sells various potash fertilizer products, including KCL, SOP, NOP, and compound fertilizers and Others. Geographically, the company generates a majority of its revenue from its business in the People's Republic of China.
44GF Score
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