Pakistan National Shipping (KAR:PNSC) Operating Margin %: 9.51% (As of Mar. 2026) — 47% Below Median


KAR:PNSC Pakistan National Shipping Corp Ltd KAR:PNSC
81 GF Score
Price ₨613.04
GF Value ₨300.41
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Pakistan National Shipping Operating Margin %?

Pakistan National Shipping KAR:PNSC +0.81% 81 Operating Margin % is 9.51% as of Mar. 2026, which is 47% below its 10-year median of 18.08. GuruFocus rates KAR:PNSC with a GF Score™ of 81/100 and a GF Value™ of ₨300.41 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,007 Transportation companies, Pakistan National Shipping ranks better than 79.34% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Pakistan National Shipping's Operating Income for the three months ended in Mar. 2026 was ₨1,497 Mil. Pakistan National Shipping's Revenue for the three months ended in Mar. 2026 was ₨15,740 Mil. Therefore, Pakistan National Shipping's Operating Margin % for the quarter that ended in Mar. 2026 was 9.51%.

Good Sign:

Pakistan National Shipping Corp Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

KAR:PNSC' s Operating Margin % Range Over the Past 10 Years
Min: 5.08   Med: 18.08   Max: 43.19
Current: 19.01


KAR:PNSC's Operating Margin % is ranked better than
79.34% of 1007 companies
in the Transportation industry
Industry Median: 7.36 vs KAR:PNSC: 19.01

Pakistan National Shipping's 5-Year Average Operating Margin % Growth Rate was 15.20% per year.

Pakistan National Shipping's Operating Income for the three months ended in Mar. 2026 was ₨1,497 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₨8,705 Mil.


Pakistan National Shipping  (KAR:PNSC) 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.


Pakistan National Shipping Operating Margin % Related Terms


Pakistan National Shipping Operating Margin % Historical Data

* Premium members only.

The historical data trend for Pakistan National Shipping'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.

Pakistan National Shipping Operating Margin % Chart

Pakistan National Shipping 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 13.51 23.29 43.19 34.70 28.03

Pakistan National Shipping 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 18.64 37.59 26.00 10.12 9.51

Pakistan National Shipping Operating Margin % Competitor Comparison

For the Marine Shipping subindustry, Pakistan National Shipping'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.


Pakistan National Shipping Operating Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Pakistan National Shipping's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Pakistan National Shipping's Operating Margin % falls into.


KAR:PNSC
81GF Score
Pakistan National Shipping Corp Ltd KAR:PNSC
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pakistan National Shipping 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.

Pakistan National Shipping'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 )
=10551.134 / 37637.416
=28.03 %

Pakistan National Shipping'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 )
=1497.38 / 15740.275
=9.51 %

* 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 9.51% mean?
Pakistan National Shipping (KAR:PNSC) has a Operating Margin % of 9.51% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Pakistan National Shipping and its competitors. This is 47% below median its historical median of 18.08. Over the past decade, Pakistan National Shipping's Operating Margin % has ranged from 5.08 to 43.19. According to the industry distribution chart, Pakistan National Shipping ranks #208 out of 1007 companies in the Transportation industry, placing it in the top 20.7%.
Is Pakistan National Shipping's Operating Margin % too high?
Pakistan National Shipping's current Operating Margin % of 9.51% is 47% below median its 10-year median of 18.08. Over the past 10 years, this metric has ranged from a low of 5.08 to a high of 43.19. The Transportation industry median Operating Margin % is 7.36. Pakistan National Shipping's value of 9.51% is 29.2% above this industry median. Based on the distribution chart, Pakistan National Shipping ranks #208 out of 1007 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Pakistan National Shipping has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan National Shipping's Operating Margin % compare to competitors?
According to the Transportation industry distribution chart, Pakistan National Shipping ranks #208 out of 1007 companies for Operating Margin %. This places Pakistan National Shipping in the top 21% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.36. Pakistan National Shipping's value of 9.51% is 29.2% above this benchmark. Historically, Pakistan National Shipping's own Operating Margin % has ranged from 5.08 to 43.19 over the past decade. While the company's 10-year median is 18.08 vs. the industry median of 7.36, Pakistan National Shipping 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 Transportation company?
The median Operating Margin % among Transportation companies is 7.36, based on 1,007 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. Pakistan National Shipping's current Operating Margin % of 9.51% is 29.2% 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 Pakistan National Shipping and its competitors. For the Transportation industry, the median Operating Margin % is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan National Shipping's current Operating Margin % is 9.51%, which is 47% below median its own 10-year median of 18.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan National Shipping stock overvalued right now?
Based on GuruFocus' analysis, Pakistan National Shipping (KAR:PNSC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨300.41, compared to a current price of ₨613.04 — trading 104.1% above its estimated fair value. The current Operating Margin % is 9.51%, which is 47% below median its 10-year median of 18.08 and 29.2% above the Transportation industry median of 7.36. Pakistan National Shipping's overall GF Score™ is 81/100 with 5 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 Pakistan National Shipping (KAR:PNSC), the current Operating Margin % is 9.51% 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.

Is Pakistan National Shipping (KAR:PNSC) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan National Shipping stock appears to be overvalued. The current stock price of ₨613.04 is trading 104.1% above its estimated GF Value™ of ₨300.41. GuruFocus considers Pakistan National Shipping to be Significantly Overvalued.

Key valuation signals for KAR:PNSC:

  • Operating Margin %: 9.51% (47% below median its 10-year median of 18.08)
  • GF Value™: ₨300.41 vs. price of ₨613.04 (104.1% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 29.2% above the Transportation median (#208 of 1007)

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


Pakistan National Shipping Business Description

Address PNSC Building, Moulvi Tamizuddin Khan Road, P.O. BOX No. 5350, Karachi, SD, PAK, 74000
Pakistan National Shipping Corp Ltd, the Holding Company, its subsidiary, and an associate operate in Pakistan's maritime industry. The Group focuses on shipping, vessel chartering, cargo transportation, and property leasing. As the national flag carrier, the company operates a varied fleet, including tankers for energy transport and bulk carriers for transporting a wide range of dry commodities such as iron, fertilizers, coal, and grain. The company also provides comprehensive services such as ocean freight, container shipping, marine and port services, technical support, and leasing solutions. Its key business segments include dry cargo, liquid cargo, and slot charter/break bulk.
81GF Score

Get the complete analysis for KAR:PNSC

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

₨613.04
Price
₨300.41
GF Value