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Activation Group HoldingsHKSE:09919 -0.65%81 Operating Margin % is 11.01% as of Dec. 2025, which is 8% below its 10-year median of 11.97. GuruFocus rates HKSE:09919 with a GF Score™ of 81/100 and a GF Value™ of HK$1.26 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,011 Media - Diversified companies, Activation Group Holdings ranks better than 81.21% on this metric.
Activation Group Holdings Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Activation Group Holdings's Operating Margin % or its related term are showing as below:
HKSE:09919'
s Operating Margin % Range Over the Past 10 Years
Min: 8.49 Med: 11.97 Max: 16.75
Current: 13.65
HKSE:09919's Operating Margin % is ranked better than 81.21% of 1011
companies
in the Media - Diversified industry
Industry Median: 2.68
vs HKSE:09919: 13.65
Activation Group Holdings (HKSE:09919) 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.
Activation Group Holdings Operating Margin % Related Terms
Activation Group Holdings Operating Margin % Historical Data
* 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.
Activation Group Holdings Operating Margin % Chart
HKSE:09919 vs APP, OMC, TTD: Operating Margin % Comparison
For the Advertising Agencies subindustry, Activation 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.
Activation Group Holdings Operating Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Activation Group Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Activation Group Holdings's Operating Margin % falls into.
Activation 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.
Activation Group 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.
Activation Group Holdings (HKSE:09919) has a Operating Margin % of 11.01% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Activation Group Holdings and its competitors. This is near median its historical median of 11.97. Over the past decade, Activation Group Holdings' Operating Margin % has ranged from 8.49 to 16.75. According to the industry distribution chart, Activation Group Holdings ranks #190 out of 1011 companies in the Media - Diversified industry, placing it in the top 18.8%.
Is Activation Group Holdings' Operating Margin % too high?
Activation Group Holdings' current Operating Margin % of 11.01% is near median its 10-year median of 11.97. Over the past 10 years, this metric has ranged from a low of 8.49 to a high of 16.75. The Media - Diversified industry median Operating Margin % is 2.68. Activation Group Holdings' value of 11.01% is 310.8% above this industry median. Based on the distribution chart, Activation Group Holdings ranks #190 out of 1011 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Activation Group Holdings has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Activation Group Holdings' Operating Margin % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Activation Group Holdings ranks #190 out of 1011 companies for Operating Margin %. This places Activation Group Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 2.68. Activation Group Holdings' value of 11.01% is 310.8% above this benchmark. Historically, Activation Group Holdings' own Operating Margin % has ranged from 8.49 to 16.75 over the past decade. While the company's 10-year median is 11.97 vs. the industry median of 2.68, Activation 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 a Media - Diversified company?
The median Operating Margin % among Media - Diversified companies is 2.68, based on 1,011 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. Activation Group Holdings's current Operating Margin % of 11.01% is 310.8% 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 Activation Group Holdings and its competitors. For the Media - Diversified industry, the median Operating Margin % is 2.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Activation Group Holdings's current Operating Margin % is 11.01%, which is near median its own 10-year median of 11.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Activation Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Activation Group Holdings (HKSE:09919) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.26, compared to a current price of HK$0.77 — trading 38.9% below its estimated fair value. The current Operating Margin % is 11.01%, which is near median its 10-year median of 11.97 and 310.8% above the Media - Diversified industry median of 2.68. Activation Group Holdings' overall GF Score™ is 81/100 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 Activation Group Holdings (HKSE:09919), the current Operating Margin % is 11.01% 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 Activation Group Holdings (HKSE:09919) Overvalued in 2026?
Based on GuruFocus' analysis, Activation Group Holdings stock appears to be undervalued.
The current stock price of HK$0.77 is trading 38.9% below its estimated GF Value™ of HK$1.26.
GuruFocus considers Activation Group Holdings to be Possible Value Trap.
Key valuation signals for HKSE:09919:
Operating Margin %: 11.01% (near median its 10-year median of 11.97)
GF Value™: HK$1.26 vs. price of HK$0.77 (38.9% below fair value)
Industry Position: 310.8% above the Media - Diversified median (#190 of 1011)
No single metric tells the full story. See the HKSE:09919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Activation Group Holdings Ltd is an integrated marketing solutions provider. The company focuses on the provision of experiential marketing, digital and brand communication, and public relations services. Its operating segment includes Experiential marketing services, Digital and communication services, and IP development. The company generates maximum revenue from Experiential marketing services. Geographically, it derives a majority of revenue from Chinese Mainland and also has a presence in Hong Kong/Singapore.
81GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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