Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
National Industries Co KSCKUW:NICBM -3.23%47 Operating Margin % is 0.60% as of Jun. 2026, which is 91% below its 10-year median of 6.47. GuruFocus rates KUW:NICBM with a GF Score™ of 47/100 and a GF Value™ of KWD0.23 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,772 Construction companies, National Industries Co KSC ranks worse than 66.93% on this metric.
National Industries Co KSC (KUW:NICBM) 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.
National Industries Co KSC Operating Margin % Related Terms
National Industries Co KSC 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.
National Industries Co KSC Operating Margin % Chart
KUW:NICBM vs TT, JCI, CARR: Operating Margin % Comparison
For the Building Products & Equipment subindustry, National Industries Co KSC'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.
National Industries Co KSC Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, National Industries Co KSC's Operating Margin % distribution charts can be found below:
* The bar in red indicates where National Industries Co KSC's Operating Margin % falls into.
National Industries Co KSC 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.
National Industries Co KSC'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.
National Industries Co KSC (KUW:NICBM) has a Operating Margin % of 0.60% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on National Industries Co KSC and its competitors. This is 91% below median its historical median of 6.47. According to the industry distribution chart, National Industries Co KSC ranks #1186 out of 1772 companies in the Construction industry, placing it in the top 66.9%.
Is National Industries Co KSC's Operating Margin % too high?
National Industries Co KSC's current Operating Margin % of 0.60% is 91% below median its 10-year median of 6.47. The Construction industry median Operating Margin % is 5.90. National Industries Co KSC's value of 0.60% is 89.8% below this industry median. Based on the distribution chart, National Industries Co KSC ranks #1186 out of 1772 companies in the Construction industry, which is below the industry midpoint. Overall, National Industries Co KSC has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Industries Co KSC's Operating Margin % compare to TT and JCI?
According to the Construction industry distribution chart, National Industries Co KSC ranks #1186 out of 1772 companies for Operating Margin %. This places National Industries Co KSC in the lower half of its industry. The industry median Operating Margin % is 5.90. National Industries Co KSC's value of 0.60% is 89.8% below this benchmark. While the company's 10-year median is 6.47 vs. the industry median of 5.90, National Industries Co KSC 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 a Construction company?
The median Operating Margin % among Construction companies is 5.90, based on 1,772 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. National Industries Co KSC's current Operating Margin % of 0.60% is 89.8% 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 National Industries Co KSC and its competitors. For the Construction industry, the median Operating Margin % is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Industries Co KSC's current Operating Margin % is 0.60%, which is 91% below median its own 10-year median of 6.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Industries Co KSC stock overvalued right now?
Based on GuruFocus' analysis, National Industries Co KSC (KUW:NICBM) is currently considered Modestly Overvalued. The stock's GF Value™ is KWD0.23, compared to a current price of KWD0.27 — trading 17.4% above its estimated fair value. The current Operating Margin % is 0.60%, which is 91% below median its 10-year median of 6.47 and 89.8% below the Construction industry median of 5.90. National Industries Co KSC's overall GF Score™ is 47/100 with 8 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 National Industries Co KSC (KUW:NICBM), the current Operating Margin % is 0.60% as of Jun. 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 National Industries Co KSC (KUW:NICBM) Overvalued in 2026?
Based on GuruFocus' analysis, National Industries Co KSC stock appears to be overvalued.
The current stock price of KWD0.27 is trading 17.4% above its estimated GF Value™ of KWD0.23.
GuruFocus considers National Industries Co KSC to be Modestly Overvalued.
Key valuation signals for KUW:NICBM:
Operating Margin %: 0.60% (91% below median its 10-year median of 6.47)
GF Value™: KWD0.23 vs. price of KWD0.27 (17.4% above fair value)
Industry Position: 89.8% below the Construction median (#1186 of 1772)
No single metric tells the full story. See the KUW:NICBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Industries Co KSC is a company specializing in the manufacture and marketing of building materials and infrastructure products in the State of Kuwait. The business has four business segments which include building materials and contracting services, the Oil sector, Real estate, and investments. The majority of its revenue derives from the building materials and contracting services segment.
47GF Score
Get the complete analysis for KUW:NICBM
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KUW:NICBM has been successfully added to your 
