Pioneer Cement (KAR:PIOC) Operating Margin %: 26.17% (As of Mar. 2026) — Near Median


KAR:PIOC Pioneer Cement Ltd KAR:PIOC
84 GF Score
Price ₨273.85
GF Value ₨134.39
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Pioneer Cement Operating Margin %?

Pioneer Cement KAR:PIOC 84 Operating Margin % is 26.17% as of Mar. 2026, which is 9% above its 10-year median of 24.06. GuruFocus rates KAR:PIOC with a GF Score™ of 84/100 and a GF Value™ of ₨134.39 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 404 Building Materials companies, Pioneer Cement ranks better than 92.82% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Pioneer Cement's Operating Income for the three months ended in Mar. 2026 was ₨2,628 Mil. Pioneer Cement's Revenue for the three months ended in Mar. 2026 was ₨10,042 Mil. Therefore, Pioneer Cement's Operating Margin % for the quarter that ended in Mar. 2026 was 26.17%.

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

KAR:PIOC' s Operating Margin % Range Over the Past 10 Years
Min: -6.9   Med: 24.06   Max: 38.79
Current: 26.17


KAR:PIOC's Operating Margin % is ranked better than
92.82% of 404 companies
in the Building Materials industry
Industry Median: 7.65 vs KAR:PIOC: 26.17

Pioneer Cement's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Pioneer Cement's Operating Income for the three months ended in Mar. 2026 was ₨2,628 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₨9,771 Mil.


Pioneer Cement  (KAR:PIOC) 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.


Pioneer Cement Operating Margin % Related Terms


Pioneer Cement Operating Margin % Historical Data

* Premium members only.

The historical data trend for Pioneer Cement'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.

Pioneer Cement Operating Margin % Chart

Pioneer Cement Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.19 20.90 24.60 30.50 27.77

Pioneer Cement 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 22.21 25.33 26.28 26.79 26.17

KAR:PIOC vs CRH, VMC, MLM: Operating Margin % Comparison

For the Building Materials subindustry, Pioneer Cement'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.


Pioneer Cement Operating Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Pioneer Cement's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Pioneer Cement's Operating Margin % falls into.


KAR:PIOC
84GF Score
Pioneer Cement Ltd KAR:PIOC
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pioneer Cement 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.

Pioneer Cement's Operating Margin % for the fiscal year that ended in Jun. 2025 is calculated as

Operating Margin %=Operating Income (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=9249.74 / 33308.611
=27.77 %

Pioneer Cement'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 )
=2627.502 / 10041.688
=26.17 %

* 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 26.17% mean?
Pioneer Cement (KAR:PIOC) has a Operating Margin % of 26.17% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Pioneer Cement and its competitors. This is near median its historical median of 24.06. According to the industry distribution chart, Pioneer Cement ranks #29 out of 404 companies in the Building Materials industry, placing it in the top 7.2%.
Is Pioneer Cement's Operating Margin % too high?
Pioneer Cement's current Operating Margin % of 26.17% is near median its 10-year median of 24.06. The Building Materials industry median Operating Margin % is 7.65. Pioneer Cement's value of 26.17% is 242.1% above this industry median. Based on the distribution chart, Pioneer Cement ranks #29 out of 404 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Pioneer Cement has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Cement's Operating Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Pioneer Cement ranks #29 out of 404 companies for Operating Margin %. This places Pioneer Cement in the top 7% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.65. Pioneer Cement's value of 26.17% is 242.1% above this benchmark. While the company's 10-year median is 24.06 vs. the industry median of 7.65, Pioneer Cement 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 Building Materials company?
The median Operating Margin % among Building Materials companies is 7.65, based on 404 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. Pioneer Cement's current Operating Margin % of 26.17% is 242.1% 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 Pioneer Cement and its competitors. For the Building Materials industry, the median Operating Margin % is 7.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Cement's current Operating Margin % is 26.17%, which is near median its own 10-year median of 24.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Cement stock overvalued right now?
Based on GuruFocus' analysis, Pioneer Cement (KAR:PIOC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨134.39, compared to a current price of ₨273.85 — trading 103.8% above its estimated fair value. The current Operating Margin % is 26.17%, which is near median its 10-year median of 24.06 and 242.1% above the Building Materials industry median of 7.65. Pioneer Cement's overall GF Score™ is 84/100 with 4 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 Pioneer Cement (KAR:PIOC), the current Operating Margin % is 26.17% 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 Pioneer Cement (KAR:PIOC) Overvalued in 2026?

Based on GuruFocus' analysis, Pioneer Cement stock appears to be overvalued. The current stock price of ₨273.85 is trading 103.8% above its estimated GF Value™ of ₨134.39. GuruFocus considers Pioneer Cement to be Significantly Overvalued.

Key valuation signals for KAR:PIOC:

  • Operating Margin %: 26.17% (near median its 10-year median of 24.06)
  • GF Value™: ₨134.39 vs. price of ₨273.85 (103.8% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 242.1% above the Building Materials median (#29 of 404)

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


Pioneer Cement Business Description

Address 64-B/I, Gulberg-III, Lahore, PB, PAK
Pioneer Cement Ltd is a cement producer. The company's production facility is situated at Chenki, District Khushab in Punjab Province. The product range consists of Ordinary Portland Cement and Sulphate Resistant Cement. Its Ordinary Portland Cement is used for all structural work including all kinds of concrete construction and Sulphate Resistant Cement is used where sulfate salts are present in the soil or in saline water. Geographically, the company operates within Pakistan and Afghanistan and generates a majority of its revenue from Pakistan.
84GF Score

Get the complete analysis for KAR:PIOC

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

₨273.85
Price
₨134.39
GF Value