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.
Lincotrade & Associates HoldingsSGX:BFT +1.33%31 Operating Margin % is 11.67% as of Dec. 2025, which is 3234% above its 10-year median of 0.35. GuruFocus rates SGX:BFT with a GF Score™ of 31/100 and a GF Value™ of S$0.25 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,773 Construction companies, Lincotrade & Associates Holdings ranks better than 70.78% on this metric.
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.
Lincotrade & Associates Holdings Operating Margin % Related Terms
Lincotrade & Associates Holdings Operating Margin % Historical Data
* 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:BFT vs PWR, FIX, EME: Operating Margin % Comparison
For the Engineering & Construction subindustry, Lincotrade & Associates Holdings'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.
Lincotrade & Associates Holdings Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, Lincotrade & Associates Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Lincotrade & Associates Holdings'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.
* 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.
Lincotrade & Associates Holdings (SGX:BFT) has a Operating Margin % of 11.67% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Lincotrade & Associates Holdings and its competitors. This is 3234% above median its historical median of 0.35. According to the industry distribution chart, Lincotrade & Associates Holdings ranks #518 out of 1773 companies in the Construction industry, placing it in the top 29.2%.
Is Lincotrade & Associates Holdings' Operating Margin % too high?
Lincotrade & Associates Holdings' current Operating Margin % of 11.67% is 3234% above median its 10-year median of 0.35. The Construction industry median Operating Margin % is 5.92. Lincotrade & Associates Holdings' value of 11.67% is 97.1% above this industry median. Based on the distribution chart, Lincotrade & Associates Holdings ranks #518 out of 1773 companies in the Construction industry, which is above the industry midpoint. Overall, Lincotrade & Associates Holdings has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lincotrade & Associates Holdings' Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Lincotrade & Associates Holdings ranks #518 out of 1773 companies for Operating Margin %. This puts Lincotrade & Associates Holdings in the upper half of its industry. The industry median Operating Margin % is 5.92. Lincotrade & Associates Holdings' value of 11.67% is 97.1% above this benchmark. While the company's 10-year median is 0.35 vs. the industry median of 5.92, Lincotrade & Associates Holdings 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 Construction company?
The median Operating Margin % among Construction companies is 5.92, based on 1,773 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. Lincotrade & Associates Holdings's current Operating Margin % of 11.67% is 97.1% 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 Lincotrade & Associates Holdings and its competitors. For the Construction industry, the median Operating Margin % is 5.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincotrade & Associates Holdings's current Operating Margin % is 11.67%, which is 3234% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincotrade & Associates Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lincotrade & Associates Holdings (SGX:BFT) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.25, compared to a current price of S$0.38 — trading 52% above its estimated fair value. The current Operating Margin % is 11.67%, which is 3234% above median its 10-year median of 0.35 and 97.1% above the Construction industry median of 5.92. Lincotrade & Associates Holdings' overall GF Score™ is 31/100 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 Lincotrade & Associates Holdings (SGX:BFT), the current Operating Margin % is 11.67% 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 Lincotrade & Associates Holdings (SGX:BFT) Overvalued in 2026?
Based on GuruFocus' analysis, Lincotrade & Associates Holdings stock appears to be overvalued.
The current stock price of S$0.38 is trading 52% above its estimated GF Value™ of S$0.25.
GuruFocus considers Lincotrade & Associates Holdings to be Significantly Overvalued.
Key valuation signals for SGX:BFT:
Operating Margin %: 11.67% (3234% above median its 10-year median of 0.35)
GF Value™: S$0.25 vs. price of S$0.38 (52% above fair value)
Industry Position: 97.1% above the Construction median (#518 of 1773)
No single metric tells the full story. See the SGX:BFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lincotrade & Associates Holdings Ltd specializes in interior fitting out services, additions and alterations ("A&A") works, and other building construction services. Its segments include commercial premises, such as offices, hotels, shopping malls, and food and beverage establishments; residential premises such as condominium developments; and show flats and sales galleries. The company generates the majority of its revenue from commercial premises. Geographically the company operates in Singapore.
31GF Score
Get the complete analysis for SGX:BFT
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:BFT has been successfully added to your 
