Baker Technology (SGX:BTP) Operating Margin %: -32.81% (As of Dec. 2025)


SGX:BTP Baker Technology Ltd SGX:BTP
29 GF Score
Price S$0.49
GF Value S$0.27
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Baker Technology Operating Margin %?

Baker Technology SGX:BTP -1.01% 29 Operating Margin % is -32.81% as of Dec. 2025. GuruFocus rates SGX:BTP with a GF Score™ of 29/100 and a GF Value™ of S$0.27 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 916 Oil & Gas companies, Baker Technology ranks worse than 86.46% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Baker Technology's Operating Income for the six months ended in Dec. 2025 was S$-8.35 Mil. Baker Technology's Revenue for the six months ended in Dec. 2025 was S$25.44 Mil. Therefore, Baker Technology's Operating Margin % for the quarter that ended in Dec. 2025 was -32.81%.

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

SGX:BTP' s Operating Margin % Range Over the Past 10 Years
Min: -159.52   Med: -15.03   Max: 14.57
Current: -37.54


SGX:BTP's Operating Margin % is ranked worse than
86.46% of 916 companies
in the Oil & Gas industry
Industry Median: 6.86 vs SGX:BTP: -37.54

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

Baker Technology's Operating Income for the six months ended in Dec. 2025 was S$-8.35 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was S$-18.18 Mil.


Baker Technology  (SGX:BTP) 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.


Baker Technology Operating Margin % Related Terms


Baker Technology Operating Margin % Historical Data

* Premium members only.

The historical data trend for Baker Technology'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.

Baker Technology Operating Margin % Chart

Baker Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.08 11.00 7.76 14.57 -37.24

Baker Technology Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 12.27 17.19 10.78 -42.77 -32.81

SGX:BTP vs SLB, BKR, HAL: Operating Margin % Comparison

For the Oil & Gas Equipment & Services subindustry, Baker Technology'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.


Baker Technology Operating Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Baker Technology's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Baker Technology's Operating Margin % falls into.


SGX:BTP
29GF Score
Baker Technology Ltd SGX:BTP
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Baker Technology 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.

Baker Technology's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-18.037 / 48.438
=-37.24 %

Baker Technology's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=-8.349 / 25.443
=-32.81 %

* 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 -32.81% mean?
Baker Technology (SGX:BTP) has a Operating Margin % of -32.81% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Baker Technology and its competitors. According to the industry distribution chart, Baker Technology ranks #792 out of 916 companies in the Oil & Gas industry, placing it in the top 86.5%.
Is Baker Technology's Operating Margin % too high?
Baker Technology's current Operating Margin % is -32.81%. Based on the distribution chart, Baker Technology ranks #792 out of 916 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Baker Technology has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baker Technology's Operating Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Baker Technology ranks #792 out of 916 companies for Operating Margin %. This places Baker Technology in the lower half of its industry. The industry median Operating Margin % is 6.86. 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 Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.86, based on 916 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 Baker Technology and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baker Technology's current Operating Margin % is -32.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baker Technology stock overvalued right now?
Based on GuruFocus' analysis, Baker Technology (SGX:BTP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.27, compared to a current price of S$0.49 — trading 81.5% above its estimated fair value. The current Operating Margin % is -32.81%. Baker Technology's overall GF Score™ is 29/100 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 Baker Technology (SGX:BTP), the current Operating Margin % is -32.81% 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 Baker Technology (SGX:BTP) Overvalued in 2026?

Based on GuruFocus' analysis, Baker Technology stock appears to be overvalued. The current stock price of S$0.49 is trading 81.5% above its estimated GF Value™ of S$0.27. GuruFocus considers Baker Technology to be Significantly Overvalued.

Key valuation signals for SGX:BTP:

  • Operating Margin %: -32.81%
  • GF Value™: S$0.27 vs. price of S$0.49 (81.5% above fair value)
  • GF Score™: 29/100 with 6 warning signs

No single metric tells the full story. See the SGX:BTP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baker Technology Business Description

Industry EnergyOil & Gas
Address 10 Jalan Samulun, Singapore, SGP, 629124
Baker Technology Ltd is an investment holding company focused on the offshore oil and gas industry. The company's business segments include Marine Offshore, Investments, and Corporate. The Marine offshore segment is essentially the company's principal business activity as manufacturers and providers of specialized marine offshore equipment and services for the oil and gas industry. The Investments segment relates to the investments in available-for-sale investments. The Corporate segment is involved in corporate services and treasury functions. The company has its geographical presence in Asia Pacific (excluding China and Singapore), the Middle East, Africa, Singapore, Europe, Americas, and China. The Marine-Offshore segment generates maximum revenue for the company.
29GF Score

Get the complete analysis for SGX:BTP

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.49
Price
S$0.27
GF Value