Vicplas International (SGX:569) Operating Margin %: -6.23% (As of Jan. 2026)

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What is Vicplas International Operating Margin %?

Vicplas International SGX:569 Operating Margin % is -6.23% as of Jan. 2026. The stock has 5 warning signs investors should review. Among 816 Medical Devices & Instruments companies, Vicplas International ranks worse than 62.25% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Vicplas International's Operating Income for the six months ended in Jan. 2026 was S$-3.9 Mil. Vicplas International's Revenue for the six months ended in Jan. 2026 was S$62.4 Mil. Therefore, Vicplas International's Operating Margin % for the quarter that ended in Jan. 2026 was -6.23%.

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

SGX:569' s Operating Margin % Range Over the Past 10 Years
Min: -5.86   Med: 2.49   Max: 10.21
Current: -5.86


SGX:569's Operating Margin % is ranked worse than
62.25% of 816 companies
in the Medical Devices & Instruments industry
Industry Median: 3.28 vs SGX:569: -5.86

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

Vicplas International's Operating Income for the six months ended in Jan. 2026 was S$-3.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2026 was S$-7.3 Mil.

Warning Sign:

Vicplas International Ltd had lost money in 67% of the time over the past 3quarters.


Vicplas International  (SGX:569) 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.


Vicplas International Operating Margin % Related Terms


Vicplas International Operating Margin % Historical Data

* Premium members only.

The historical data trend for Vicplas International'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.

Vicplas International Operating Margin % Chart

Vicplas International Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.40 4.60 3.07 -4.78 -3.24

Vicplas International Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 -4.45 -7.17 -2.53 -5.48 -6.23

SGX:569 vs ABT, SYK, MDT: Operating Margin % Comparison

For the Medical Devices subindustry, Vicplas International'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.


Vicplas International Operating Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Vicplas International's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Vicplas International's Operating Margin % falls into.



Vicplas International 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.

Vicplas International's Operating Margin % for the fiscal year that ended in Jul. 2025 is calculated as

Operating Margin %=Operating Income (A: Jul. 2025 ) / Revenue (A: Jul. 2025 )
=-3.75 / 115.768
=-3.24 %

Vicplas International's Operating Margin % for the quarter that ended in Jan. 2026 is calculated as

Operating Margin %=Operating Income (Q: Jan. 2026 ) / Revenue (Q: Jan. 2026 )
=-3.889 / 62.39
=-6.23 %

* 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 -6.23% mean?
Vicplas International (SGX:569) has a Operating Margin % of -6.23% as of Jan. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Vicplas International and its competitors. According to the industry distribution chart, Vicplas International ranks #508 out of 816 companies in the Medical Devices & Instruments industry, placing it in the top 62.3%.
Is Vicplas International's Operating Margin % too high?
Vicplas International's current Operating Margin % is -6.23%. Based on the distribution chart, Vicplas International ranks #508 out of 816 companies in the Medical Devices & Instruments industry, which is below the industry midpoint.
How does Vicplas International's Operating Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Vicplas International ranks #508 out of 816 companies for Operating Margin %. This places Vicplas International in the lower half of its industry. The industry median Operating Margin % is 3.28. 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 Medical Devices & Instruments company?
The median Operating Margin % among Medical Devices & Instruments companies is 3.28, based on 816 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 Vicplas International and its competitors. For the Medical Devices & Instruments industry, the median Operating Margin % is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicplas International's current Operating Margin % is -6.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicplas International stock overvalued right now?
Based on GuruFocus' analysis, Vicplas International (SGX:569) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.11, compared to a current price of S$0.08 — trading 30% below its estimated fair value. The current Operating Margin % is -6.23%. 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 Vicplas International (SGX:569), the current Operating Margin % is -6.23% as of Jan. 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.

Vicplas International Business Description

Address 35 Joo Koon Circle, Singapore, SGP, 629110
Vicplas International Ltd is an investment holding company. The company is organized into two main business activities: the Pipes and Pipe Fitting segment and the Medical Devices segment, which is the key revenue driver. Pipes and Pipe Fittings segment engages in the manufacturing and distribution of plastic building products, including uPVC pipes and pipe fittings and electrical conduits. The Medical device segment is involved in the research, design, development, and manufacture of medical devices. The company generates majority of its revenue from medical devices. The company does its sales through geographical segments that include Singapore, Malaysia, Mexico, China, and the United Kingdom, of which the majority of the revenue comes from Singapore.