Southern Gas Trading JSC (HSTC:PGS) Operating Margin %: 2.21% (As of Mar. 2026) — 13% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

HSTC:PGS Southern Gas Trading JSC HSTC:PGS
64 GF Score
Price ₫52,700.00
GF Value ₫31,157.68
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Southern Gas Trading JSC Operating Margin %?

Southern Gas Trading JSC HSTC:PGS 64 Operating Margin % is 2.21% as of Mar. 2026, which is 13% above its 10-year median of 1.96. GuruFocus rates HSTC:PGS with a GF Score™ of 64/100 and a GF Value™ of ₫31,157.68 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 918 Oil & Gas companies, Southern Gas Trading JSC ranks worse than 66.23% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Southern Gas Trading JSC's Operating Income for the three months ended in Mar. 2026 was ₫31,269 Mil. Southern Gas Trading JSC's Revenue for the three months ended in Mar. 2026 was ₫1,417,646 Mil. Therefore, Southern Gas Trading JSC's Operating Margin % for the quarter that ended in Mar. 2026 was 2.21%.

Good Sign:

Southern Gas Trading JSC operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Southern Gas Trading JSC's Operating Margin % or its related term are showing as below:

HSTC:PGS' s Operating Margin % Range Over the Past 10 Years
Min: 1.39   Med: 1.96   Max: 2.52
Current: 2.05


HSTC:PGS's Operating Margin % is ranked worse than
66.23% of 918 companies
in the Oil & Gas industry
Industry Median: 6.905 vs HSTC:PGS: 2.05

Southern Gas Trading JSC's 5-Year Average Operating Margin % Growth Rate was 3.60% per year.

Southern Gas Trading JSC's Operating Income for the three months ended in Mar. 2026 was ₫31,269 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₫123,563 Mil.


Southern Gas Trading JSC  (HSTC:PGS) 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.


Southern Gas Trading JSC Operating Margin % Related Terms


Southern Gas Trading JSC Operating Margin % Historical Data

* Premium members only.

The historical data trend for Southern Gas Trading JSC'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.

Southern Gas Trading JSC Operating Margin % Chart

Southern Gas Trading JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 1.74 2.52 2.11 2.03

Southern Gas Trading JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only 2.09 2.24 2.79 0.91 2.21

HSTC:PGS vs XOM, CVX: Operating Margin % Comparison

For the Oil & Gas Integrated subindustry, Southern Gas Trading JSC'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.


Southern Gas Trading JSC Operating Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Southern Gas Trading JSC's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Southern Gas Trading JSC's Operating Margin % falls into.


HSTC:PGS
64GF Score
Southern Gas Trading JSC HSTC:PGS
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Gas Trading JSC 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.

Southern Gas Trading JSC's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=124868.007 / 6162331.834
=2.03 %

Southern Gas Trading JSC'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 )
=31269.294 / 1417645.664
=2.21 %

* 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 2.21% mean?
Southern Gas Trading JSC (HSTC:PGS) has a Operating Margin % of 2.21% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Southern Gas Trading JSC and its competitors. This is 13% above median its historical median of 1.96. Over the past decade, Southern Gas Trading JSC's Operating Margin % has ranged from 1.39 to 2.52. According to the industry distribution chart, Southern Gas Trading JSC ranks #608 out of 918 companies in the Oil & Gas industry, placing it in the top 66.2%.
Is Southern Gas Trading JSC's Operating Margin % too high?
Southern Gas Trading JSC's current Operating Margin % of 2.21% is 13% above median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 2.52. The Oil & Gas industry median Operating Margin % is 6.91. Southern Gas Trading JSC's value of 2.21% is 68% below this industry median. Based on the distribution chart, Southern Gas Trading JSC ranks #608 out of 918 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Southern Gas Trading JSC has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Gas Trading JSC's Operating Margin % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Southern Gas Trading JSC ranks #608 out of 918 companies for Operating Margin %. This places Southern Gas Trading JSC in the lower half of its industry. The industry median Operating Margin % is 6.91. Southern Gas Trading JSC's value of 2.21% is 68% below this benchmark. Historically, Southern Gas Trading JSC's own Operating Margin % has ranged from 1.39 to 2.52 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 6.91, Southern Gas Trading JSC 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 an Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.91, based on 918 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. Southern Gas Trading JSC's current Operating Margin % of 2.21% is 68% 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 Southern Gas Trading JSC and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Gas Trading JSC's current Operating Margin % is 2.21%, which is 13% above median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Gas Trading JSC stock overvalued right now?
Based on GuruFocus' analysis, Southern Gas Trading JSC (HSTC:PGS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫31,157.68, compared to a current price of ₫52,700.00 — trading 69.1% above its estimated fair value. The current Operating Margin % is 2.21%, which is 13% above median its 10-year median of 1.96 and 68% below the Oil & Gas industry median of 6.91. Southern Gas Trading JSC's overall GF Score™ is 64/100 with 9 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 Southern Gas Trading JSC (HSTC:PGS), the current Operating Margin % is 2.21% 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 Southern Gas Trading JSC (HSTC:PGS) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Gas Trading JSC stock appears to be overvalued. The current stock price of ₫52,700.00 is trading 69.1% above its estimated GF Value™ of ₫31,157.68. GuruFocus considers Southern Gas Trading JSC to be Significantly Overvalued.

Key valuation signals for HSTC:PGS:

  • Operating Margin %: 2.21% (13% above median its 10-year median of 1.96)
  • GF Value™: ₫31,157.68 vs. price of ₫52,700.00 (69.1% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 68% below the Oil & Gas median (#608 of 918)

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


Southern Gas Trading JSC Business Description

Industry EnergyOil & Gas
Address No 1-5 Le Duan Street, 4th Floor, PetroVietnam Tower, Ben Nghe Ward, District 1, Ho Chi Minh City, VNM
Southern Gas Trading JSC is engaged in the retail of liquefied petroleum gas (LPG), compressed natural gas (CNG), and liquefied natural gas (LNG); electricity production, transmission, and distribution; production of metal containers for compressed and liquefied petroleum gas; repair, maintenance, and operation of LPG, CNG, and LNG tanks, pipelines, storage facilities, machinery, and equipment; architectural, technical, construction, and investment consultancy activities for LPG, LNG, and CNG projects and systems; and completion of construction projects. Its products and services include Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), Liquefied Natural Gas (LNG), LPG Cylinder, and Certificate of Liability Insurance.
64GF Score

Get the complete analysis for HSTC:PGS

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

₫52,700.00
Price
₫31,157.68
GF Value