Sembcorplalah Power & Water CompanyOG (MUS:SSPW) Operating Margin %: 30.22% (As of Mar. 2026) — 27% Below Median


MUS:SSPW Sembcorp Salalah Power & Water Company SAOG MUS:SSPW
62 GF Score
Price ر.ع0.26
GF Value ر.ع0.11
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Sembcorplalah Power & Water CompanyOG Operating Margin %?

Sembcorplalah Power & Water CompanyOG MUS:SSPW -0.77% 62 Operating Margin % is 30.22% as of Mar. 2026, which is 27% below its 10-year median of 41.42. GuruFocus rates MUS:SSPW with a GF Score™ of 62/100 and a GF Value™ of ر.ع0.11 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 418 Utilities - Independent Power Producers companies, Sembcorplalah Power & Water CompanyOG ranks better than 78.23% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sembcorplalah Power & Water CompanyOG's Operating Income for the three months ended in Mar. 2026 was ر.ع6.42 Mil. Sembcorplalah Power & Water CompanyOG's Revenue for the three months ended in Mar. 2026 was ر.ع21.23 Mil. Therefore, Sembcorplalah Power & Water CompanyOG's Operating Margin % for the quarter that ended in Mar. 2026 was 30.22%.

Warning Sign:

Sembcorp Salalah Power & Water Company SAOG operating margin has been in a 5-year decline. The average rate of decline per year is -5.7%.

The historical rank and industry rank for Sembcorplalah Power & Water CompanyOG's Operating Margin % or its related term are showing as below:

MUS:SSPW' s Operating Margin % Range Over the Past 10 Years
Min: 32.84   Med: 41.42   Max: 44.59
Current: 32.84


MUS:SSPW's Operating Margin % is ranked better than
78.23% of 418 companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.505 vs MUS:SSPW: 32.84

Sembcorplalah Power & Water CompanyOG's 5-Year Average Operating Margin % Growth Rate was -5.70% per year.

Sembcorplalah Power & Water CompanyOG's Operating Income for the three months ended in Mar. 2026 was ر.ع6.42 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ر.ع28.30 Mil.


Sembcorplalah Power & Water CompanyOG  (MUS:SSPW) 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.


Sembcorplalah Power & Water CompanyOG Operating Margin % Related Terms


Sembcorplalah Power & Water CompanyOG Operating Margin % Historical Data

* Premium members only.

The historical data trend for Sembcorplalah Power & Water CompanyOG'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.

Sembcorplalah Power & Water CompanyOG Operating Margin % Chart

Sembcorplalah Power & Water CompanyOG 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 43.18 40.61 36.51 35.68 33.78

Sembcorplalah Power & Water CompanyOG 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 34.05 35.65 33.58 31.63 30.22

MUS:SSPW vs CEG, VST, NRG: Operating Margin % Comparison

For the Utilities - Independent Power Producers subindustry, Sembcorplalah Power & Water CompanyOG'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.


Sembcorplalah Power & Water CompanyOG Operating Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sembcorplalah Power & Water CompanyOG's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Sembcorplalah Power & Water CompanyOG's Operating Margin % falls into.


MUS:SSPW
62GF Score
Sembcorp Salalah Power & Water Company SAOG MUS:SSPW
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sembcorplalah Power & Water CompanyOG 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.

Sembcorplalah Power & Water CompanyOG'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 )
=28.351 / 83.94
=33.78 %

Sembcorplalah Power & Water CompanyOG'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 )
=6.415 / 21.226
=30.22 %

* 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 30.22% mean?
Sembcorplalah Power & Water CompanyOG (MUS:SSPW) has a Operating Margin % of 30.22% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Sembcorplalah Power & Water CompanyOG and its competitors. This is 27% below median its historical median of 41.42. Over the past decade, Sembcorplalah Power & Water CompanyOG's Operating Margin % has ranged from 32.84 to 44.59. According to the industry distribution chart, Sembcorplalah Power & Water CompanyOG ranks #91 out of 418 companies in the Utilities - Independent Power Producers industry, placing it in the top 21.8%.
Is Sembcorplalah Power & Water CompanyOG's Operating Margin % too high?
Sembcorplalah Power & Water CompanyOG's current Operating Margin % of 30.22% is 27% below median its 10-year median of 41.42. Over the past 10 years, this metric has ranged from a low of 32.84 to a high of 44.59. The Utilities - Independent Power Producers industry median Operating Margin % is 13.51. Sembcorplalah Power & Water CompanyOG's value of 30.22% is 123.8% above this industry median. Based on the distribution chart, Sembcorplalah Power & Water CompanyOG ranks #91 out of 418 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Sembcorplalah Power & Water CompanyOG has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sembcorplalah Power & Water CompanyOG's Operating Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Sembcorplalah Power & Water CompanyOG ranks #91 out of 418 companies for Operating Margin %. This places Sembcorplalah Power & Water CompanyOG in the top 22% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 13.51. Sembcorplalah Power & Water CompanyOG's value of 30.22% is 123.8% above this benchmark. Historically, Sembcorplalah Power & Water CompanyOG's own Operating Margin % has ranged from 32.84 to 44.59 over the past decade. While the company's 10-year median is 41.42 vs. the industry median of 13.51, Sembcorplalah Power & Water CompanyOG 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 an Utilities - Independent Power Producers company?
The median Operating Margin % among Utilities - Independent Power Producers companies is 13.51, based on 418 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. Sembcorplalah Power & Water CompanyOG's current Operating Margin % of 30.22% is 123.8% 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 Sembcorplalah Power & Water CompanyOG and its competitors. For the Utilities - Independent Power Producers industry, the median Operating Margin % is 13.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sembcorplalah Power & Water CompanyOG's current Operating Margin % is 30.22%, which is 27% below median its own 10-year median of 41.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sembcorplalah Power & Water CompanyOG stock overvalued right now?
Based on GuruFocus' analysis, Sembcorplalah Power & Water CompanyOG (MUS:SSPW) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.11, compared to a current price of ر.ع0.26 — trading 134.5% above its estimated fair value. The current Operating Margin % is 30.22%, which is 27% below median its 10-year median of 41.42 and 123.8% above the Utilities - Independent Power Producers industry median of 13.51. Sembcorplalah Power & Water CompanyOG's overall GF Score™ is 62/100 with 7 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 Sembcorplalah Power & Water CompanyOG (MUS:SSPW), the current Operating Margin % is 30.22% 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 Sembcorplalah Power & Water CompanyOG (MUS:SSPW) Overvalued in 2026?

Based on GuruFocus' analysis, Sembcorplalah Power & Water CompanyOG stock appears to be overvalued. The current stock price of ر.ع0.26 is trading 134.5% above its estimated GF Value™ of ر.ع0.11. GuruFocus considers Sembcorplalah Power & Water CompanyOG to be Significantly Overvalued.

Key valuation signals for MUS:SSPW:

  • Operating Margin %: 30.22% (27% below median its 10-year median of 41.42)
  • GF Value™: ر.ع0.11 vs. price of ر.ع0.26 (134.5% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 123.8% above the Utilities - Independent Power Producers median (#91 of 418)

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


Sembcorplalah Power & Water CompanyOG Business Description

Address PO Box 1466, Salalah, OMN, 211
Sembcorp Salalah Power & Water Company SAOG develops, owns, and operates an electricity generation and seawater desalination plant located between the towns of Taqah and Mirbat. The plant meets the growing power and water demands of the region over the short, medium, and long term. The company generates its revenues from PWPA with Oman Power & Water Procurement Company. Under the terms of the PWPA, the plant's contracted power and water capacity are sold exclusively to OPWP on a long-term take-or-pay basis.
62GF Score

Get the complete analysis for MUS:SSPW

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

ر.ع0.26
Price
ر.ع0.11
GF Value