Honeywell Flour MillsNSA:HFM -4.52%70 Operating Margin % is 6.97% as of Mar. 2025, which is 1% above its 10-year median of 6.89. GuruFocus rates NSA:HFM with a GF Score™ of 70/100 and a GF Value™ of ₦10.20 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,951 Consumer Packaged Goods companies, Honeywell Flour Mills ranks better than 58.74% on this metric.
Honeywell Flour Mills PLC operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Honeywell Flour Mills's Operating Margin % or its related term are showing as below:
NSA:HFM'
s Operating Margin % Range Over the Past 10 Years
Min: -4.13 Med: 6.89 Max: 15.04
Current: 6.97
NSA:HFM's Operating Margin % is ranked better than 58.74% of 1951
companies
in the Consumer Packaged Goods industry
Industry Median: 5.26
vs NSA:HFM: 6.97
Honeywell Flour Mills's 5-Year Average Operating Margin % Growth Rate was 7.40% per year.
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.
Honeywell Flour Mills Operating Margin % Related Terms
Honeywell Flour Mills Operating Margin % Historical Data
* Premium members only.
The historical data trend for Honeywell Flour Mills'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:HFM vs KHC, GIS, JBS: Operating Margin % Comparison
For the Packaged Foods subindustry, Honeywell Flour Mills'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.
Honeywell Flour Mills Operating Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Honeywell Flour Mills's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Honeywell Flour Mills'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.
Honeywell Flour Mills's Operating Margin % for the fiscal year that ended in Mar. 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.
Honeywell Flour Mills (NSA:HFM) has a Operating Margin % of 6.97% as of Mar. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Honeywell Flour Mills and its competitors. This is near median its historical median of 6.89. According to the industry distribution chart, Honeywell Flour Mills ranks #805 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 41.3%.
Is Honeywell Flour Mills' Operating Margin % too high?
Honeywell Flour Mills' current Operating Margin % of 6.97% is near median its 10-year median of 6.89. The Consumer Packaged Goods industry median Operating Margin % is 5.26. Honeywell Flour Mills' value of 6.97% is 32.5% above this industry median. Based on the distribution chart, Honeywell Flour Mills ranks #805 out of 1951 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Honeywell Flour Mills has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' Operating Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Honeywell Flour Mills ranks #805 out of 1951 companies for Operating Margin %. This puts Honeywell Flour Mills in the upper half of its industry. The industry median Operating Margin % is 5.26. Honeywell Flour Mills' value of 6.97% is 32.5% above this benchmark. While the company's 10-year median is 6.89 vs. the industry median of 5.26, Honeywell Flour Mills 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 Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.26, based on 1,951 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. Honeywell Flour Mills's current Operating Margin % of 6.97% is 32.5% 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 Honeywell Flour Mills and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Flour Mills's current Operating Margin % is 6.97%, which is near median its own 10-year median of 6.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Flour Mills stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Flour Mills (NSA:HFM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦10.20, compared to a current price of ₦15.85 — trading 55.4% above its estimated fair value. The current Operating Margin % is 6.97%, which is near median its 10-year median of 6.89 and 32.5% above the Consumer Packaged Goods industry median of 5.26. Honeywell Flour Mills' overall GF Score™ is 70/100 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 Honeywell Flour Mills (NSA:HFM), the current Operating Margin % is 6.97% as of Mar. 2025. 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 Honeywell Flour Mills (NSA:HFM) Overvalued in 2026?
Based on GuruFocus' analysis, Honeywell Flour Mills stock appears to be overvalued.
The current stock price of ₦15.85 is trading 55.4% above its estimated GF Value™ of ₦10.20.
GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.
Key valuation signals for NSA:HFM:
Operating Margin %: 6.97% (near median its 10-year median of 6.89)
GF Value™: ₦10.20 vs. price of ₦15.85 (55.4% above fair value)
Industry Position: 32.5% above the Consumer Packaged Goods median (#805 of 1951)
No single metric tells the full story. See the NSA:HFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honeywell Flour Mills PLC is a Nigerian food manufacturing company specializing in the production and marketing of wheat-based products such as flour, semolina, whole wheat meal, noodles, and pasta. It distributes products across Nigeria through an extensive logistics and retail network. Honeywell Flour Mills is ISO-certified and part of the Flour Mills of Nigeria Plc group, benefiting from group synergies in a closely regulated sector. The Company's business reportable segments are identified by the factories located at Apapa, and Sagamu. The Apapa segment manufactures Flour, Semo and Wheat meal while Sagamu segments manufacture Noodles and Pasta. The Apapa generates the maximum revenue for the company.
70GF Score
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