Millenniumpthorne Hotels New ZealandNZSE:MCK 71 Operating Margin % is 12.19% as of Dec. 2025, which is 55% below its 10-year median of 27.10. GuruFocus rates NZSE:MCK with a GF Score™ of 71/100 and a GF Value™ of NZ$2.67 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 844 Travel & Leisure companies, Millenniumpthorne Hotels New Zealand ranks better than 57.82% on this metric.
Millenniumpthorne Hotels New Zealand (NZSE:MCK) 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 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.
Millenniumpthorne Hotels New Zealand Operating Margin % Related Terms
Millenniumpthorne Hotels New Zealand Operating Margin % Historical Data
* 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.
Millenniumpthorne Hotels New Zealand Operating Margin % Chart
NZSE:MCK vs MAR, HLT, H: Operating Margin % Comparison
For the Lodging subindustry, Millenniumpthorne Hotels New Zealand'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.
Millenniumpthorne Hotels New Zealand Operating Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels New Zealand's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Millenniumpthorne Hotels New Zealand's Operating Margin % falls into.
Millenniumpthorne Hotels New Zealand 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.
* 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.
Millenniumpthorne Hotels New Zealand (NZSE:MCK) has a Operating Margin % of 12.19% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Millenniumpthorne Hotels New Zealand and its competitors. This is 55% below median its historical median of 27.10. Over the past decade, Millenniumpthorne Hotels New Zealand's Operating Margin % has ranged from 10.75 to 37.96. According to the industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #356 out of 844 companies in the Travel & Leisure industry, placing it in the top 42.2%.
Is Millenniumpthorne Hotels New Zealand's Operating Margin % too high?
Millenniumpthorne Hotels New Zealand's current Operating Margin % of 12.19% is 55% below median its 10-year median of 27.10. Over the past 10 years, this metric has ranged from a low of 10.75 to a high of 37.96. The Travel & Leisure industry median Operating Margin % is 8.14. Millenniumpthorne Hotels New Zealand's value of 12.19% is 49.8% above this industry median. Based on the distribution chart, Millenniumpthorne Hotels New Zealand ranks #356 out of 844 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Millenniumpthorne Hotels New Zealand has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millenniumpthorne Hotels New Zealand's Operating Margin % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #356 out of 844 companies for Operating Margin %. This puts Millenniumpthorne Hotels New Zealand in the upper half of its industry. The industry median Operating Margin % is 8.14. Millenniumpthorne Hotels New Zealand's value of 12.19% is 49.8% above this benchmark. Historically, Millenniumpthorne Hotels New Zealand's own Operating Margin % has ranged from 10.75 to 37.96 over the past decade. While the company's 10-year median is 27.10 vs. the industry median of 8.14, Millenniumpthorne Hotels New Zealand 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 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. Millenniumpthorne Hotels New Zealand's current Operating Margin % of 12.19% is 49.8% 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 Millenniumpthorne Hotels New Zealand 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. Millenniumpthorne Hotels New Zealand's current Operating Margin % is 12.19%, which is 55% below median its own 10-year median of 27.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millenniumpthorne Hotels New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand (NZSE:MCK) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$2.67, compared to a current price of NZ$3.18 — trading 19.1% above its estimated fair value. The current Operating Margin % is 12.19%, which is 55% below median its 10-year median of 27.10 and 49.8% above the Travel & Leisure industry median of 8.14. Millenniumpthorne Hotels New Zealand's overall GF Score™ is 71/100 with 5 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK), the current Operating Margin % is 12.19% as of Dec. 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK) Overvalued in 2026?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand stock appears to be overvalued.
The current stock price of NZ$3.18 is trading 19.1% above its estimated GF Value™ of NZ$2.67.
GuruFocus considers Millenniumpthorne Hotels New Zealand to be Modestly Overvalued.
Key valuation signals for NZSE:MCK:
Operating Margin %: 12.19% (55% below median its 10-year median of 27.10)
GF Value™: NZ$2.67 vs. price of NZ$3.18 (19.1% above fair value)
Industry Position: 49.8% above the Travel & Leisure median (#356 of 844)
No single metric tells the full story. See the NZSE:MCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millenniumpthorne Hotels New Zealand Business Description
Millennium & Copthorne Hotels New Zealand Ltd is engaged in the ownership and operation of hotels in New Zealand. The Group is also involved in the development and sale of residential land in New Zealand; investment properties comprising commercial warehousing and retail shops in New Zealand; and the development and sale of residential units in Australia. Its operating segments are: Hotel operations, Residential land development, Investment property, and Residential and commercial property development. Maximum revenue is generated from the Hotel operations segment, which includes income from the ownership and management of hotels. Geographically, the Group generates maximum revenue from New Zealand, and the rest from Australia.
71GF Score
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