Victorias Milling Co (PHS:VMC) Operating Margin %: 15.22% (As of Feb. 2026) — 45% Above Median


PHS:VMC Victorias Milling Co Inc PHS:VMC
89 GF Score
Price ₱1.98
GF Value ₱1.98
Valuation Fairly Valued
! 4 Warning Signs
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What is Victorias Milling Co Operating Margin %?

Victorias Milling Co PHS:VMC -1.00% 89 Operating Margin % is 15.22% as of Feb. 2026, which is 45% above its 10-year median of 10.52. GuruFocus rates PHS:VMC with a GF Score™ of 89/100 and a GF Value™ of ₱1.98 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,951 Consumer Packaged Goods companies, Victorias Milling Co ranks better than 63.86% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Victorias Milling Co's Operating Income for the three months ended in Feb. 2026 was ₱514 Mil. Victorias Milling Co's Revenue for the three months ended in Feb. 2026 was ₱3,377 Mil. Therefore, Victorias Milling Co's Operating Margin % for the quarter that ended in Feb. 2026 was 15.22%.

Warning Sign:

Victorias Milling Co Inc operating margin has been in a 5-year decline. The average rate of decline per year is -4.1%.

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

PHS:VMC' s Operating Margin % Range Over the Past 10 Years
Min: 6.7   Med: 10.52   Max: 23.46
Current: 7.98


PHS:VMC's Operating Margin % is ranked better than
63.86% of 1951 companies
in the Consumer Packaged Goods industry
Industry Median: 5.26 vs PHS:VMC: 7.98

Victorias Milling Co's 5-Year Average Operating Margin % Growth Rate was -4.10% per year.

Victorias Milling Co's Operating Income for the three months ended in Feb. 2026 was ₱514 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was ₱1,002 Mil.


Victorias Milling Co  (PHS:VMC) 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.


Victorias Milling Co Operating Margin % Related Terms


Victorias Milling Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Victorias Milling Co'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.

Victorias Milling Co Operating Margin % Chart

Victorias Milling Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.15 11.85 10.07 11.63 8.32

Victorias Milling Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 10.12 8.29 2.90 2.80 15.22

PHS:VMC vs MDLZ, HSY, TR: Operating Margin % Comparison

For the Confectioners subindustry, Victorias Milling Co'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.


Victorias Milling Co Operating Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Victorias Milling Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Victorias Milling Co's Operating Margin % falls into.


PHS:VMC
89GF Score
Victorias Milling Co Inc PHS:VMC
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Victorias Milling Co 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.

Victorias Milling Co's Operating Margin % for the fiscal year that ended in Aug. 2025 is calculated as

Operating Margin %=Operating Income (A: Aug. 2025 ) / Revenue (A: Aug. 2025 )
=1055.239 / 12682.859
=8.32 %

Victorias Milling Co's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as

Operating Margin %=Operating Income (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=513.861 / 3376.701
=15.22 %

* 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 15.22% mean?
Victorias Milling Co (PHS:VMC) has a Operating Margin % of 15.22% as of Feb. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Victorias Milling Co and its competitors. This is 45% above median its historical median of 10.52. Over the past decade, Victorias Milling Co's Operating Margin % has ranged from 6.70 to 23.46. According to the industry distribution chart, Victorias Milling Co ranks #705 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 36.1%.
Is Victorias Milling Co's Operating Margin % too high?
Victorias Milling Co's current Operating Margin % of 15.22% is 45% above median its 10-year median of 10.52. Over the past 10 years, this metric has ranged from a low of 6.70 to a high of 23.46. The Consumer Packaged Goods industry median Operating Margin % is 5.26. Victorias Milling Co's value of 15.22% is 189.4% above this industry median. Based on the distribution chart, Victorias Milling Co ranks #705 out of 1951 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Victorias Milling Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Victorias Milling Co's Operating Margin % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Victorias Milling Co ranks #705 out of 1951 companies for Operating Margin %. This puts Victorias Milling Co in the upper half of its industry. The industry median Operating Margin % is 5.26. Victorias Milling Co's value of 15.22% is 189.4% above this benchmark. Historically, Victorias Milling Co's own Operating Margin % has ranged from 6.70 to 23.46 over the past decade. While the company's 10-year median is 10.52 vs. the industry median of 5.26, Victorias Milling Co 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. Victorias Milling Co's current Operating Margin % of 15.22% is 189.4% 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 Victorias Milling Co 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. Victorias Milling Co's current Operating Margin % is 15.22%, which is 45% above median its own 10-year median of 10.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victorias Milling Co stock overvalued right now?
Based on GuruFocus' analysis, Victorias Milling Co (PHS:VMC) is currently considered Fairly Valued. The stock's GF Value™ is ₱1.98, compared to a current price of ₱1.98 — trading right at its estimated fair value. The current Operating Margin % is 15.22%, which is 45% above median its 10-year median of 10.52 and 189.4% above the Consumer Packaged Goods industry median of 5.26. Victorias Milling Co'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 Victorias Milling Co (PHS:VMC), the current Operating Margin % is 15.22% as of Feb. 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 Victorias Milling Co (PHS:VMC) Overvalued in 2026?

Based on GuruFocus' analysis, Victorias Milling Co stock appears to be undervalued. The current stock price of ₱1.98 is trading 0% below its estimated GF Value™ of ₱1.98. GuruFocus considers Victorias Milling Co to be Fairly Valued.

Key valuation signals for PHS:VMC:

  • Operating Margin %: 15.22% (45% above median its 10-year median of 10.52)
  • GF Value™: ₱1.98 vs. price of ₱1.98 (0% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 189.4% above the Consumer Packaged Goods median (#705 of 1951)

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


Victorias Milling Co Business Description

Address J.J. Ossorio Street, VMC Compound, Barangay XVI, Negros Occidental, Victorias, NEC, PHL, 6119
Victorias Milling Co Inc is a Philippines-based company engaged in sugar manufacturing. The company offers milling and tolling services to planters and sells raw sugar, refined sugar, molasses, and renewable energy. The company operates through business segments that include Sugar Milling, Renewable Energy Operations, and Others. The Sugar Milling segment generates maximum revenue for the company.
89GF Score

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

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