Secure Electronic Technology (NSA:NSLTECH) Operating Margin %: -2.00% (As of Dec. 2024)


NSA:NSLTECH Secure Electronic Technology PLC NSA:NSLTECH
10 GF Score
Price ₦0.79
GF Value ₦0.36
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Secure Electronic Technology Operating Margin %?

Secure Electronic Technology NSA:NSLTECH -2.47% 10 Operating Margin % is -2.00% as of Dec. 2024. GuruFocus rates NSA:NSLTECH with a GF Score™ of 10/100 and a GF Value™ of ₦0.36 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 844 Travel & Leisure companies, Secure Electronic Technology ranks worse than 75.95% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Secure Electronic Technology's Operating Income for the six months ended in Dec. 2024 was ₦-87 Mil. Secure Electronic Technology's Revenue for the six months ended in Dec. 2024 was ₦4,348 Mil. Therefore, Secure Electronic Technology's Operating Margin % for the quarter that ended in Dec. 2024 was -2.00%.

The historical rank and industry rank for Secure Electronic Technology's Operating Margin % or its related term are showing as below:

NSA:NSLTECH' s Operating Margin % Range Over the Past 10 Years
Min: -4.7   Med: -1.62   Max: -0.22
Current: -2


NSA:NSLTECH's Operating Margin % is ranked worse than
75.95% of 844 companies
in the Travel & Leisure industry
Industry Median: 8.135 vs NSA:NSLTECH: -2.00

Secure Electronic Technology's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Secure Electronic Technology's Operating Income for the six months ended in Dec. 2024 was ₦-87 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was ₦-87 Mil.


Secure Electronic Technology  (NSA:NSLTECH) 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.


Secure Electronic Technology Operating Margin % Related Terms


Secure Electronic Technology Operating Margin % Historical Data

* Premium members only.

The historical data trend for Secure Electronic Technology'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.

Secure Electronic Technology Operating Margin % Chart

Secure Electronic Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Operating Margin %
-1.24 -0.22 -4.70 -2.00

Secure Electronic Technology Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Operating Margin % -1.24 -0.22 -4.70 -2.00

NSA:NSLTECH vs FLUT, DKNG, LNWO: Operating Margin % Comparison

For the Gambling subindustry, Secure Electronic Technology'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.


Secure Electronic Technology Operating Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Secure Electronic Technology's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Secure Electronic Technology's Operating Margin % falls into.


NSA:NSLTECH
10GF Score
Secure Electronic Technology PLC NSA:NSLTECH
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Secure Electronic Technology 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.

Secure Electronic Technology's Operating Margin % for the fiscal year that ended in Dec. 2024 is calculated as

Operating Margin %=Operating Income (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=-86.925 / 4347.604
=-2.00 %

Secure Electronic Technology's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=-86.925 / 4347.604
=-2.00 %

* 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 -2.00% mean?
Secure Electronic Technology (NSA:NSLTECH) has a Operating Margin % of -2.00% as of Dec. 2024. Operating margin is the ratio of total operating income to net sales. View historical data on Secure Electronic Technology and its competitors. According to the industry distribution chart, Secure Electronic Technology ranks #641 out of 844 companies in the Travel & Leisure industry, placing it in the top 75.9%.
Is Secure Electronic Technology's Operating Margin % too high?
Secure Electronic Technology's current Operating Margin % is -2.00%. Based on the distribution chart, Secure Electronic Technology ranks #641 out of 844 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Secure Electronic Technology has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Electronic Technology's Operating Margin % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Secure Electronic Technology ranks #641 out of 844 companies for Operating Margin %. This places Secure Electronic Technology in the lower half of its industry. The industry median Operating Margin % is 8.14. 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 Travel & Leisure company?
The median Operating Margin % among Travel & Leisure companies is 8.14, based on 844 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 Secure Electronic Technology and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secure Electronic Technology's current Operating Margin % is -2.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Secure Electronic Technology (NSA:NSLTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦0.36, compared to a current price of ₦0.79 — trading 119.4% above its estimated fair value. The current Operating Margin % is -2.00%. Secure Electronic Technology's overall GF Score™ is 10/100 with 1 warning sign 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 Secure Electronic Technology (NSA:NSLTECH), the current Operating Margin % is -2.00% as of Dec. 2024. 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 Secure Electronic Technology (NSA:NSLTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Secure Electronic Technology stock appears to be overvalued. The current stock price of ₦0.79 is trading 119.4% above its estimated GF Value™ of ₦0.36. GuruFocus considers Secure Electronic Technology to be Significantly Overvalued.

Key valuation signals for NSA:NSLTECH:

  • Operating Margin %: -2.00%
  • GF Value™: ₦0.36 vs. price of ₦0.79 (119.4% above fair value)
  • GF Score™: 10/100 with 1 warning sign

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


Secure Electronic Technology Business Description

Address 107, Bamgbose Street, Lagos Island, Lagos, NGA
Secure Electronic Technology PLC is engaged in operating the national lottery in Nigeria. The company's games include 5OF90.
10GF Score

Get the complete analysis for NSA:NSLTECH

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

₦0.79
Price
₦0.36
GF Value