SSI Group (PHS:SSI) Operating Margin %: 3.38% (As of Mar. 2026) — 51% Below Median


PHS:SSI SSI Group Inc PHS:SSI
89 GF Score
Price ₱2.34
GF Value ₱3.49
Valuation Significantly Undervalued
! 4 Warning Signs
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What is SSI Group Operating Margin %?

SSI Group PHS:SSI +4.00% 89 Operating Margin % is 3.38% as of Mar. 2026, which is 51% below its 10-year median of 6.95. GuruFocus rates PHS:SSI with a GF Score™ of 89/100 and a GF Value™ of ₱3.49 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,124 Retail - Cyclical companies, SSI Group ranks better than 57.74% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. SSI Group's Operating Income for the three months ended in Mar. 2026 was ₱259 Mil. SSI Group's Revenue for the three months ended in Mar. 2026 was ₱7,662 Mil. Therefore, SSI Group's Operating Margin % for the quarter that ended in Mar. 2026 was 3.38%.

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

PHS:SSI' s Operating Margin % Range Over the Past 10 Years
Min: -2.47   Med: 6.95   Max: 14.1
Current: 5.2


PHS:SSI's Operating Margin % is ranked better than
57.74% of 1124 companies
in the Retail - Cyclical industry
Industry Median: 3.915 vs PHS:SSI: 5.20

SSI Group's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

SSI Group's Operating Income for the three months ended in Mar. 2026 was ₱259 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₱1,646 Mil.


SSI Group  (PHS:SSI) 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.


SSI Group Operating Margin % Related Terms


SSI Group Operating Margin % Historical Data

* Premium members only.

The historical data trend for SSI Group'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.

SSI Group Operating Margin % Chart

SSI Group 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 5.77 14.10 12.56 10.76 6.06

SSI Group 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 7.06 2.24 4.06 9.13 3.38

PHS:SSI vs TJX, ROST, BURL: Operating Margin % Comparison

For the Apparel Retail subindustry, SSI Group'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.


SSI Group Operating Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SSI Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where SSI Group's Operating Margin % falls into.


PHS:SSI
89GF Score
SSI Group Inc PHS:SSI
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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SSI Group 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.

SSI Group'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 )
=1873.456 / 30901.802
=6.06 %

SSI Group'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 )
=258.794 / 7662.269
=3.38 %

* 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 3.38% mean?
SSI Group (PHS:SSI) has a Operating Margin % of 3.38% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on SSI Group and its competitors. This is 51% below median its historical median of 6.95. According to the industry distribution chart, SSI Group ranks #475 out of 1124 companies in the Retail - Cyclical industry, placing it in the top 42.3%.
Is SSI Group's Operating Margin % too high?
SSI Group's current Operating Margin % of 3.38% is 51% below median its 10-year median of 6.95. The Retail - Cyclical industry median Operating Margin % is 3.92. SSI Group's value of 3.38% is 13.7% below this industry median. Based on the distribution chart, SSI Group ranks #475 out of 1124 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, SSI Group has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SSI Group's Operating Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, SSI Group ranks #475 out of 1124 companies for Operating Margin %. This puts SSI Group in the upper half of its industry. The industry median Operating Margin % is 3.92. SSI Group's value of 3.38% is 13.7% below this benchmark. While the company's 10-year median is 6.95 vs. the industry median of 3.92, SSI Group has consistently been below 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.92, based on 1,124 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. SSI Group's current Operating Margin % of 3.38% is 13.7% below 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 SSI Group and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSI Group's current Operating Margin % is 3.38%, which is 51% below median its own 10-year median of 6.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSI Group stock overvalued right now?
Based on GuruFocus' analysis, SSI Group (PHS:SSI) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱3.49, compared to a current price of ₱2.34 — trading 33% below its estimated fair value. The current Operating Margin % is 3.38%, which is 51% below median its 10-year median of 6.95 and 13.7% below the Retail - Cyclical industry median of 3.92. SSI Group's overall GF Score™ is 89/100 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 SSI Group (PHS:SSI), the current Operating Margin % is 3.38% 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 SSI Group (PHS:SSI) Overvalued in 2026?

Based on GuruFocus' analysis, SSI Group stock appears to be undervalued. The current stock price of ₱2.34 is trading 33% below its estimated GF Value™ of ₱3.49. GuruFocus considers SSI Group to be Significantly Undervalued.

Key valuation signals for PHS:SSI:

  • Operating Margin %: 3.38% (51% below median its 10-year median of 6.95)
  • GF Value™: ₱3.49 vs. price of ₱2.34 (33% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 13.7% below the Retail - Cyclical median (#475 of 1124)

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


SSI Group Business Description

Address 403 Senator Gil Puyat Avenue, 6th Floor, Midland Buendia Building, Makati City, PHL, 1200
SSI Group Inc together with its subsidiaries, operates specialty retail stores in the Philippines. The company operates a retail network consists of 628 stores located within approximately 110 malls across the Philippines, including Metro Manila, Luzon, Visayas, and Mindanao. The company provides a broad range of categories and brands, from luxury and bridge apparel to casual wear and fast fashion, as well as footwear, accessories, luggage, food, home and decor, and beauty and personal care.
89GF Score

Get the complete analysis for PHS:SSI

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

₱2.34
Price
₱3.49
GF Value