Aztech GlobalSGX:8AZ +3.55%63 Operating Margin % is 9.84% as of Dec. 2025, which is 23% below its 10-year median of 12.83. GuruFocus rates SGX:8AZ with a GF Score™ of 63/100 and a GF Value™ of S$0.48 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,476 Hardware companies, Aztech Global ranks better than 73.22% on this metric.
Aztech Global (SGX:8AZ) 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.
Aztech Global Operating Margin % Related Terms
Aztech Global Operating Margin % Historical Data
* Premium members only.
The historical data trend for Aztech Global'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:8AZ vs APH, GLW, TEL: Operating Margin % Comparison
For the Electronic Components subindustry, Aztech Global'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.
Aztech Global Operating Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Aztech Global's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Aztech Global'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.
Aztech Global'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.
Aztech Global (SGX:8AZ) has a Operating Margin % of 9.84% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Aztech Global and its competitors. This is 23% below median its historical median of 12.83. Over the past decade, Aztech Global's Operating Margin % has ranged from 3.91 to 16.30. According to the industry distribution chart, Aztech Global ranks #663 out of 2476 companies in the Hardware industry, placing it in the top 26.8%.
Is Aztech Global's Operating Margin % too high?
Aztech Global's current Operating Margin % of 9.84% is 23% below median its 10-year median of 12.83. Over the past 10 years, this metric has ranged from a low of 3.91 to a high of 16.30. The Hardware industry median Operating Margin % is 3.80. Aztech Global's value of 9.84% is 159.3% above this industry median. Based on the distribution chart, Aztech Global ranks #663 out of 2476 companies in the Hardware industry, which is above the industry midpoint. Overall, Aztech Global has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aztech Global's Operating Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Aztech Global ranks #663 out of 2476 companies for Operating Margin %. This puts Aztech Global in the upper half of its industry. The industry median Operating Margin % is 3.80. Aztech Global's value of 9.84% is 159.3% above this benchmark. Historically, Aztech Global's own Operating Margin % has ranged from 3.91 to 16.30 over the past decade. While the company's 10-year median is 12.83 vs. the industry median of 3.80, Aztech Global 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.80, based on 2,476 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. Aztech Global's current Operating Margin % of 9.84% is 159.3% 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 Aztech Global and its competitors. For the Hardware industry, the median Operating Margin % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aztech Global's current Operating Margin % is 9.84%, which is 23% below median its own 10-year median of 12.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aztech Global stock overvalued right now?
Based on GuruFocus' analysis, Aztech Global (SGX:8AZ) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.48, compared to a current price of S$0.88 — trading 82.3% above its estimated fair value. The current Operating Margin % is 9.84%, which is 23% below median its 10-year median of 12.83 and 159.3% above the Hardware industry median of 3.80. Aztech Global's overall GF Score™ is 63/100 with 5 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 Aztech Global (SGX:8AZ), the current Operating Margin % is 9.84% as of Dec. 2025. 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 Aztech Global (SGX:8AZ) Overvalued in 2026?
Based on GuruFocus' analysis, Aztech Global stock appears to be overvalued.
The current stock price of S$0.88 is trading 82.3% above its estimated GF Value™ of S$0.48.
GuruFocus considers Aztech Global to be Significantly Overvalued.
Key valuation signals for SGX:8AZ:
Operating Margin %: 9.84% (23% below median its 10-year median of 12.83)
GF Value™: S$0.48 vs. price of S$0.88 (82.3% above fair value)
Industry Position: 159.3% above the Hardware median (#663 of 2476)
No single metric tells the full story. See the SGX:8AZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aztech Global Ltd is an investment holding company. Its key products can be broadly categorized into the three modes such as IoT Devices and Data-communication products; LED lighting products; and Other electrical products. The Group has two reportable segments which include the manufacturing segment and the distribution and trading segment. The manufacturing segment manufactures and sells electronic products for its customers including related corporations. The distribution and trading segment, which generates maximum revenue, sells electronic products to its customers including related corporations. Geographically, the group generates the majority of its revenue from the North American region, while it also has its presence in Europe, Singapore and Others.
63GF Score
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