United Projects Co for Aviation Services KSCC (KUW:UPAC) Operating Margin %: -78.85% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

KUW:UPAC United Projects Co for Aviation Services KSCC KUW:UPAC
24 GF Score
Price KWD0.19
GF Value KWD0.04
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is United Projects Co for Aviation Services KSCC Operating Margin %?

United Projects Co for Aviation Services KSCC KUW:UPAC -3.05% 24 Operating Margin % is -78.85% as of Mar. 2026. GuruFocus rates KUW:UPAC with a GF Score™ of 24/100 and a GF Value™ of KWD0.04 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,001 Transportation companies, United Projects Co for Aviation Services KSCC ranks worse than 98.2% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. United Projects Co for Aviation Services KSCC's Operating Income for the three months ended in Mar. 2026 was KWD-0.34 Mil. United Projects Co for Aviation Services KSCC's Revenue for the three months ended in Mar. 2026 was KWD0.44 Mil. Therefore, United Projects Co for Aviation Services KSCC's Operating Margin % for the quarter that ended in Mar. 2026 was -78.85%.

The historical rank and industry rank for United Projects Co for Aviation Services KSCC's Operating Margin % or its related term are showing as below:

KUW:UPAC' s Operating Margin % Range Over the Past 10 Years
Min: -77.47   Med: 40.26   Max: 56.11
Current: -77.47


KUW:UPAC's Operating Margin % is ranked worse than
98.2% of 1001 companies
in the Transportation industry
Industry Median: 7.29 vs KUW:UPAC: -77.47

United Projects Co for Aviation Services KSCC's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

United Projects Co for Aviation Services KSCC's Operating Income for the three months ended in Mar. 2026 was KWD-0.34 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was KWD-1.71 Mil.


United Projects Co for Aviation Services KSCC  (KUW:UPAC) 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.


United Projects Co for Aviation Services KSCC Operating Margin % Related Terms


United Projects Co for Aviation Services KSCC Operating Margin % Historical Data

* Premium members only.

The historical data trend for United Projects Co for Aviation Services KSCC'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.

United Projects Co for Aviation Services KSCC Operating Margin % Chart

United Projects Co for Aviation Services KSCC 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 39.83 40.68 45.38 35.64 -18.06

United Projects Co for Aviation Services KSCC 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 34.32 0.54 -311.06 -263.78 -78.85

KUW:UPAC vs JOBY, CAAP: Operating Margin % Comparison

For the Airports & Air Services subindustry, United Projects Co for Aviation Services KSCC'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.


United Projects Co for Aviation Services KSCC Operating Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, United Projects Co for Aviation Services KSCC's Operating Margin % distribution charts can be found below:

* The bar in red indicates where United Projects Co for Aviation Services KSCC's Operating Margin % falls into.


KUW:UPAC
24GF Score
United Projects Co for Aviation Services KSCC KUW:UPAC
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Projects Co for Aviation Services KSCC 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.

United Projects Co for Aviation Services KSCC'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 )
=-0.681 / 3.77
=-18.06 %

United Projects Co for Aviation Services KSCC'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 )
=-0.343 / 0.435
=-78.85 %

* 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 -78.85% mean?
United Projects Co for Aviation Services KSCC (KUW:UPAC) has a Operating Margin % of -78.85% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on United Projects Co for Aviation Services KSCC and its competitors. According to the industry distribution chart, United Projects Co for Aviation Services KSCC ranks #983 out of 1001 companies in the Transportation industry, placing it in the top 98.2%.
Is United Projects Co for Aviation Services KSCC's Operating Margin % too high?
United Projects Co for Aviation Services KSCC's current Operating Margin % is -78.85%. Based on the distribution chart, United Projects Co for Aviation Services KSCC ranks #983 out of 1001 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, United Projects Co for Aviation Services KSCC has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Projects Co for Aviation Services KSCC's Operating Margin % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, United Projects Co for Aviation Services KSCC ranks #983 out of 1001 companies for Operating Margin %. This places United Projects Co for Aviation Services KSCC in the lower half of its industry. The industry median Operating Margin % is 7.29. 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 7.29, based on 1,001 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. 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 United Projects Co for Aviation Services KSCC and its competitors. For the Transportation industry, the median Operating Margin % is 7.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Projects Co for Aviation Services KSCC's current Operating Margin % is -78.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Projects Co for Aviation Services KSCC stock overvalued right now?
Based on GuruFocus' analysis, United Projects Co for Aviation Services KSCC (KUW:UPAC) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.04, compared to a current price of KWD0.19 — trading 377.5% above its estimated fair value. The current Operating Margin % is -78.85%. United Projects Co for Aviation Services KSCC's overall GF Score™ is 24/100 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 United Projects Co for Aviation Services KSCC (KUW:UPAC), the current Operating Margin % is -78.85% 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 United Projects Co for Aviation Services KSCC (KUW:UPAC) Overvalued in 2026?

Based on GuruFocus' analysis, United Projects Co for Aviation Services KSCC stock appears to be overvalued. The current stock price of KWD0.19 is trading 377.5% above its estimated GF Value™ of KWD0.04. GuruFocus considers United Projects Co for Aviation Services KSCC to be Significantly Overvalued.

Key valuation signals for KUW:UPAC:

  • Operating Margin %: -78.85%
  • GF Value™: KWD0.04 vs. price of KWD0.19 (377.5% above fair value)
  • GF Score™: 24/100 with 5 warning signs

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


United Projects Co for Aviation Services KSCC Business Description

Address Salmiya - Salem Al-Mubarak Street and Arabian Gulf Street, Plot No. (1A/1) - Block No. (71) - Symphony Building - Floor No. (8). P.O Box 27068, Safat, Kuwait, KWT, 13131
United Projects Co for Aviation Services KSCC is a Kuwait-based company that provides full-service commercial real estate and facilities management. Its services include real estate management, project management and consultancy, as well as maintenance and facilities management services. The company's services are used by retailers, food and beverage companies, airline companies, and financial institutions. It is organised in two operating segments: Investments: consists of investing in the Project and surplus funds in investment portfolios. Service operations: consist of managing projects and providing airplane ground and cleaning services, and other service facilities. The Service Operations segment generates the maximum revenue for the company.
24GF Score

Get the complete analysis for KUW:UPAC

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

KWD0.19
Price
KWD0.04
GF Value