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Nam CheongSGX:1MZ +2.75%56 Operating Margin % is 27.03% as of Mar. 2026, which is 126% above its 10-year median of 11.96. GuruFocus rates SGX:1MZ with a GF Score™ of 56/100 and a GF Value™ of S$0.21 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 350 Aerospace & Defense companies, Nam Cheong ranks better than 95.43% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Nam Cheong's Operating Income for the
three
months ended in Mar. 2026 was S$10.3 Mil. Nam Cheong's Revenue for the
three
months ended in Mar. 2026 was S$38.2 Mil. Therefore, Nam Cheong's Operating Margin % for the quarter that ended in Mar. 2026 was 27.03%.
The historical rank and industry rank for Nam Cheong's Operating Margin % or its related term are showing as below:
SGX:1MZ'
s Operating Margin % Range Over the Past 10 Years
Min: -913.03 Med: 11.96 Max: 42.24
Current: 31.65
SGX:1MZ's Operating Margin % is ranked better than 95.43% of 350
companies
in the Aerospace & Defense industry
Industry Median: 7.575
vs SGX:1MZ: 31.65
Nam Cheong's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Nam Cheong's Operating Income for the
three
months ended in Mar. 2026 was S$10.3 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was S$61.1 Mil.
Nam Cheong (SGX:1MZ) 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.
Nam Cheong Operating Margin % Related Terms
Nam Cheong Operating Margin % Historical Data
* Premium members only.
The historical data trend for Nam Cheong'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.
SGX:1MZ vs SPCX, GE, RTX: Operating Margin % Comparison
For the Aerospace & Defense subindustry, Nam Cheong'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.
Nam Cheong Operating Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Nam Cheong's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Nam Cheong'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.
Nam Cheong's Operating Margin % for the fiscal year that ended in Dec. 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.
Nam Cheong (SGX:1MZ) has a Operating Margin % of 27.03% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Nam Cheong and its competitors. This is 126% above median its historical median of 11.96. According to the industry distribution chart, Nam Cheong ranks #16 out of 350 companies in the Aerospace & Defense industry, placing it in the top 4.6%.
Is Nam Cheong's Operating Margin % too high?
Nam Cheong's current Operating Margin % of 27.03% is 126% above median its 10-year median of 11.96. The Aerospace & Defense industry median Operating Margin % is 7.58. Nam Cheong's value of 27.03% is 256.8% above this industry median. Based on the distribution chart, Nam Cheong ranks #16 out of 350 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Nam Cheong has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nam Cheong's Operating Margin % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Nam Cheong ranks #16 out of 350 companies for Operating Margin %. This places Nam Cheong in the top 5% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.58. Nam Cheong's value of 27.03% is 256.8% above this benchmark. While the company's 10-year median is 11.96 vs. the industry median of 7.58, Nam Cheong 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 an Aerospace & Defense company?
The median Operating Margin % among Aerospace & Defense companies is 7.58, based on 350 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. Nam Cheong's current Operating Margin % of 27.03% is 256.8% 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 Nam Cheong and its competitors. For the Aerospace & Defense industry, the median Operating Margin % is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nam Cheong's current Operating Margin % is 27.03%, which is 126% above median its own 10-year median of 11.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nam Cheong stock overvalued right now?
Based on GuruFocus' analysis, Nam Cheong (SGX:1MZ) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.21, compared to a current price of S$1.12 — trading 433.3% above its estimated fair value. The current Operating Margin % is 27.03%, which is 126% above median its 10-year median of 11.96 and 256.8% above the Aerospace & Defense industry median of 7.58. Nam Cheong's overall GF Score™ is 56/100 with 3 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 Nam Cheong (SGX:1MZ), the current Operating Margin % is 27.03% 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 Nam Cheong (SGX:1MZ) Overvalued in 2026?
Based on GuruFocus' analysis, Nam Cheong stock appears to be overvalued.
The current stock price of S$1.12 is trading 433.3% above its estimated GF Value™ of S$0.21.
GuruFocus considers Nam Cheong to be Significantly Overvalued.
Key valuation signals for SGX:1MZ:
Operating Margin %: 27.03% (126% above median its 10-year median of 11.96)
GF Value™: S$0.21 vs. price of S$1.12 (433.3% above fair value)
Industry Position: 256.8% above the Aerospace & Defense median (#16 of 350)
No single metric tells the full story. See the SGX:1MZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nam Cheong Ltd along is an offshore marine group specializing in the building of offshore support vessels. The company's operating segment includes Shipbuilding; Vessel chartering and others. It generates maximum revenue from the Vessel chartering segment. Geographically, it derives a majority of its revenue from Malaysia. Its fleet comprises Anchor Handling Tug Supply (AHTS) vessels, Platform Supply Vessels (PSV), Accommodation Work Barges (AWB), Maintenance Work Vessels (MWV), Safety Supply Vessels (SSV), and landing crafts, and Fast Crew Boat (FCB).
56GF Score
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