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BUA CementNSA:BUACEMENT 88 Operating Margin % is 50.56% as of Mar. 2026, which is 34% above its 10-year median of 37.63. GuruFocus rates NSA:BUACEMENT with a GF Score™ of 88/100 and a GF Value™ of ₦544.27 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 404 Building Materials companies, BUA Cement ranks better than 99.01% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. BUA Cement's Operating Income for the
three
months ended in Mar. 2026 was ₦179,494 Mil. BUA Cement's Revenue for the
three
months ended in Mar. 2026 was ₦354,979 Mil. Therefore, BUA Cement's Operating Margin % for the quarter that ended in Mar. 2026 was 50.56%.
Warning Sign:
BUA Cement PLC operating margin has been in a 5-year decline. The average rate of decline per year is -2%.
The historical rank and industry rank for BUA Cement's Operating Margin % or its related term are showing as below:
NSA:BUACEMENT'
s Operating Margin % Range Over the Past 10 Years
Min: 26.95 Med: 37.63 Max: 46.19
Current: 46.19
NSA:BUACEMENT's Operating Margin % is ranked better than 99.01% of 404
companies
in the Building Materials industry
Industry Median: 7.63
vs NSA:BUACEMENT: 46.19
BUA Cement's 5-Year Average Operating Margin % Growth Rate was -2.00% per year.
BUA Cement's Operating Income for the
three
months ended in Mar. 2026 was ₦179,494 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₦574,356 Mil.
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.
BUA Cement Operating Margin % Related Terms
BUA Cement Operating Margin % Historical Data
* Premium members only.
The historical data trend for BUA Cement'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.
NSA:BUACEMENT vs CRH, VMC, MLM: Operating Margin % Comparison
For the Building Materials subindustry, BUA Cement'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.
BUA Cement Operating Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, BUA Cement's Operating Margin % distribution charts can be found below:
* The bar in red indicates where BUA Cement's Operating Margin % falls into.
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.
BUA Cement'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.
BUA Cement (NSA:BUACEMENT) has a Operating Margin % of 50.56% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on BUA Cement and its competitors. This is 34% above median its historical median of 37.63. Over the past decade, BUA Cement's Operating Margin % has ranged from 26.95 to 46.19. According to the industry distribution chart, BUA Cement ranks #4 out of 404 companies in the Building Materials industry, placing it in the top 1%.
Is BUA Cement's Operating Margin % too high?
BUA Cement's current Operating Margin % of 50.56% is 34% above median its 10-year median of 37.63. Over the past 10 years, this metric has ranged from a low of 26.95 to a high of 46.19. The Building Materials industry median Operating Margin % is 7.63. BUA Cement's value of 50.56% is 562.6% above this industry median. Based on the distribution chart, BUA Cement ranks #4 out of 404 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, BUA Cement has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BUA Cement's Operating Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, BUA Cement ranks #4 out of 404 companies for Operating Margin %. This places BUA Cement in the top 1% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.63. BUA Cement's value of 50.56% is 562.6% above this benchmark. Historically, BUA Cement's own Operating Margin % has ranged from 26.95 to 46.19 over the past decade. While the company's 10-year median is 37.63 vs. the industry median of 7.63, BUA Cement 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 Building Materials company?
The median Operating Margin % among Building Materials companies is 7.63, based on 404 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. BUA Cement's current Operating Margin % of 50.56% is 562.6% 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 BUA Cement and its competitors. For the Building Materials industry, the median Operating Margin % is 7.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BUA Cement's current Operating Margin % is 50.56%, which is 34% above median its own 10-year median of 37.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BUA Cement stock overvalued right now?
Based on GuruFocus' analysis, BUA Cement (NSA:BUACEMENT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₦544.27, compared to a current price of ₦324.00 — trading 40.5% below its estimated fair value. The current Operating Margin % is 50.56%, which is 34% above median its 10-year median of 37.63 and 562.6% above the Building Materials industry median of 7.63. BUA Cement's overall GF Score™ is 88/100 with 4 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 BUA Cement (NSA:BUACEMENT), the current Operating Margin % is 50.56% 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 BUA Cement (NSA:BUACEMENT) Overvalued in 2026?
Based on GuruFocus' analysis, BUA Cement stock appears to be undervalued.
The current stock price of ₦324.00 is trading 40.5% below its estimated GF Value™ of ₦544.27.
GuruFocus considers BUA Cement to be Significantly Undervalued.
Key valuation signals for NSA:BUACEMENT:
Operating Margin %: 50.56% (34% above median its 10-year median of 37.63)
GF Value™: ₦544.27 vs. price of ₦324.00 (40.5% below fair value)
Industry Position: 562.6% above the Building Materials median (#4 of 404)
No single metric tells the full story. See the NSA:BUACEMENT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BUA Cement PLC is engaged in the manufacturing and sale of cement to the general public. The company generates revenue from the sale of bagged cement and sale of bulk cement. Geographically the company generates the majority of its revenue in Nigeria.
88GF Score
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