Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hiap HoeSGX:5JK 45 Operating Margin % is 8.58% as of Jun. 2026, which is 50% above its 10-year median of 5.73. GuruFocus rates SGX:5JK with a GF Score™ of 45/100 and a GF Value™ of S$0.67 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 840 Travel & Leisure companies, Hiap Hoe ranks better than 61.43% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Hiap Hoe's Operating Income for the
six
months ended in Jun. 2026 was S$5.6 Mil. Hiap Hoe's Revenue for the
six
months ended in Jun. 2026 was S$65.3 Mil. Therefore, Hiap Hoe's Operating Margin % for the quarter that ended in Jun. 2026 was 8.58%.
The historical rank and industry rank for Hiap Hoe's Operating Margin % or its related term are showing as below:
SGX:5JK'
s Operating Margin % Range Over the Past 10 Years
Min: -6.78 Med: 5.73 Max: 62.23
Current: 12.15
SGX:5JK's Operating Margin % is ranked better than 61.43% of 840
companies
in the Travel & Leisure industry
Industry Median: 8.21
vs SGX:5JK: 12.15
Hiap Hoe's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Hiap Hoe's Operating Income for the
six
months ended in Jun. 2026 was S$5.6 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was S$16.8 Mil.
Warning Sign:
Hiap Hoe Ltd has recorded a loss in operating income at least once over the past 3 years.
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.
Hiap Hoe Operating Margin % Related Terms
Hiap Hoe Operating Margin % Historical Data
* Premium members only.
The historical data trend for Hiap Hoe'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:5JK vs MAR, HLT, H: Operating Margin % Comparison
For the Lodging subindustry, Hiap Hoe'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.
Hiap Hoe Operating Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Hiap Hoe's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Hiap Hoe'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.
Hiap Hoe'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.
Hiap Hoe (SGX:5JK) has a Operating Margin % of 8.58% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Hiap Hoe and its competitors. This is 50% above median its historical median of 5.73. According to the industry distribution chart, Hiap Hoe ranks #324 out of 840 companies in the Travel & Leisure industry, placing it in the top 38.6%.
Is Hiap Hoe's Operating Margin % too high?
Hiap Hoe's current Operating Margin % of 8.58% is 50% above median its 10-year median of 5.73. The Travel & Leisure industry median Operating Margin % is 8.21. Hiap Hoe's value of 8.58% is 4.5% above this industry median. Based on the distribution chart, Hiap Hoe ranks #324 out of 840 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Hiap Hoe has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiap Hoe's Operating Margin % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Hiap Hoe ranks #324 out of 840 companies for Operating Margin %. This puts Hiap Hoe in the upper half of its industry. The industry median Operating Margin % is 8.21. Hiap Hoe's value of 8.58% is 4.5% above this benchmark. While the company's 10-year median is 5.73 vs. the industry median of 8.21, Hiap Hoe 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 8.21, based on 840 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. Hiap Hoe's current Operating Margin % of 8.58% is 4.5% 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 Hiap Hoe and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Hoe's current Operating Margin % is 8.58%, which is 50% above median its own 10-year median of 5.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Hoe stock overvalued right now?
Based on GuruFocus' analysis, Hiap Hoe (SGX:5JK) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.67, compared to a current price of S$0.60 — trading 11.2% below its estimated fair value. The current Operating Margin % is 8.58%, which is 50% above median its 10-year median of 5.73 and 4.5% above the Travel & Leisure industry median of 8.21. Hiap Hoe's overall GF Score™ is 45/100 with 6 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 Hiap Hoe (SGX:5JK), the current Operating Margin % is 8.58% as of Jun. 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 Hiap Hoe (SGX:5JK) Overvalued in 2026?
Based on GuruFocus' analysis, Hiap Hoe stock appears to be undervalued.
The current stock price of S$0.60 is trading 11.2% below its estimated GF Value™ of S$0.67.
GuruFocus considers Hiap Hoe to be Modestly Undervalued.
Key valuation signals for SGX:5JK:
Operating Margin %: 8.58% (50% above median its 10-year median of 5.73)
GF Value™: S$0.67 vs. price of S$0.60 (11.2% below fair value)
Industry Position: 4.5% above the Travel & Leisure median (#324 of 840)
No single metric tells the full story. See the SGX:5JK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiap Hoe Ltd is a regional real estate group. It has the following reportable operating segments -The rental segment is in the business of renting of space under the investment properties and property, plant and equipment. The leisure segment is in the business of providing leisure and recreational facilities. The hotel operations segment is operated under the brand names of Aloft Singapore Novena, Holiday Inn Express Trafford City, Aloft Perth and Great Eastern Motor Lodge. The other investments portfolio consists of a mix of quoted and unquoted investments. The others segment is involved in Group-level corporate services and treasury functions. The company has operations in Singapore which generates key revenue, Australia, and the United Kingdom.
45GF Score
Get the complete analysis for SGX:5JK
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:5JK has been successfully added to your 
