MAWHY (Man Wah Holdings) Operating Margin %: 11.27% (As of Mar. 2026) — 33% Below Median


MAWHY Man Wah Holdings Ltd MAWHY
78 GF Score
Price $7.36
GF Value $11.08
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Man Wah Holdings Operating Margin %?

Man Wah Holdings MAWHY -0.94% 78 Operating Margin % is 11.27% as of Mar. 2026, which is 33% below its 10-year median of 16.71. GuruFocus rates MAWHY with a GF Score™ of 78/100 and a GF Value™ of $11.08 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Man Wah Holdings ranks better than 89.84% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Man Wah Holdings's Operating Income for the six months ended in Mar. 2026 was $121 Mil. Man Wah Holdings's Revenue for the six months ended in Mar. 2026 was $1,071 Mil. Therefore, Man Wah Holdings's Operating Margin % for the quarter that ended in Mar. 2026 was 11.27%.

Good Sign:

Man Wah Holdings Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

MAWHY' s Operating Margin % Range Over the Past 10 Years
Min: 13.1   Med: 16.71   Max: 23.81
Current: 14.72


MAWHY's Operating Margin % is ranked better than
89.84% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.79 vs MAWHY: 14.72

Man Wah Holdings's 5-Year Average Operating Margin % Growth Rate was 3.10% per year.

Man Wah Holdings's Operating Income for the six months ended in Mar. 2026 was $121 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $310 Mil.


Man Wah Holdings  (OTCPK:MAWHY) 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.


Man Wah Holdings Operating Margin % Related Terms


Man Wah Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Man Wah Holdings'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.

Man Wah Holdings Operating Margin % Chart

Man Wah Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.10 14.90 17.08 18.60 14.72

Man Wah Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 17.00 18.76 18.45 18.31 11.27

MAWHY vs SN, SGI, MHK: Operating Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Man Wah Holdings'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.


Man Wah Holdings Operating Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Man Wah Holdings's Operating Margin % falls into.


MAWHY
78GF Score
Man Wah Holdings Ltd MAWHY
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Man Wah Holdings 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.

Man Wah Holdings's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=308.957 / 2099.101
=14.72 %

Man Wah Holdings'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 )
=120.762 / 1071.25
=11.27 %

* 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 11.27% mean?
Man Wah Holdings (MAWHY) has a Operating Margin % of 11.27% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Man Wah Holdings and its competitors. This is 33% below median its historical median of 16.71. Over the past decade, Man Wah Holdings' Operating Margin % has ranged from 13.10 to 23.81. According to the industry distribution chart, Man Wah Holdings ranks #44 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 10.2%.
Is Man Wah Holdings' Operating Margin % too high?
Man Wah Holdings' current Operating Margin % of 11.27% is 33% below median its 10-year median of 16.71. Over the past 10 years, this metric has ranged from a low of 13.10 to a high of 23.81. The Furnishings, Fixtures & Appliances industry median Operating Margin % is 3.79. Man Wah Holdings' value of 11.27% is 197.4% above this industry median. Based on the distribution chart, Man Wah Holdings ranks #44 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Man Wah Holdings has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Man Wah Holdings' Operating Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Man Wah Holdings ranks #44 out of 433 companies for Operating Margin %. This places Man Wah Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.79. Man Wah Holdings' value of 11.27% is 197.4% above this benchmark. Historically, Man Wah Holdings' own Operating Margin % has ranged from 13.10 to 23.81 over the past decade. While the company's 10-year median is 16.71 vs. the industry median of 3.79, Man Wah Holdings 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 Furnishings, Fixtures & Appliances company?
The median Operating Margin % among Furnishings, Fixtures & Appliances companies is 3.79, based on 433 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. Man Wah Holdings's current Operating Margin % of 11.27% is 197.4% 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 Man Wah Holdings and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Operating Margin % is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Wah Holdings's current Operating Margin % is 11.27%, which is 33% below median its own 10-year median of 16.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Wah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Wah Holdings (MAWHY) is currently considered Significantly Undervalued. The stock's GF Value™ is $11.08, compared to a current price of $7.36 — trading 33.6% below its estimated fair value. The current Operating Margin % is 11.27%, which is 33% below median its 10-year median of 16.71 and 197.4% above the Furnishings, Fixtures & Appliances industry median of 3.79. Man Wah Holdings' overall GF Score™ is 78/100 with 2 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 Man Wah Holdings (MAWHY), the current Operating Margin % is 11.27% 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 Man Wah Holdings (MAWHY) Overvalued in 2026?

Based on GuruFocus' analysis, Man Wah Holdings stock appears to be undervalued. The current stock price of $7.36 is trading 33.6% below its estimated GF Value™ of $11.08. GuruFocus considers Man Wah Holdings to be Significantly Undervalued.

Key valuation signals for MAWHY:

  • Operating Margin %: 11.27% (33% below median its 10-year median of 16.71)
  • GF Value™: $11.08 vs. price of $7.36 (33.6% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 197.4% above the Furnishings, Fixtures & Appliances median (#44 of 433)

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


Man Wah Holdings Business Description

Address 10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG
Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau) and also ahs its presence in North America, Europe and others.
78GF Score

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

$7.36
Price
$11.08
GF Value