Food Empire Holdings (SGX:F03) Operating Margin %: 17.02% (As of Dec. 2025) — 43% Above Median


SGX:F03 Food Empire Holdings Ltd SGX:F03
86 GF Score
Price S$2.37
GF Value S$1.17
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Food Empire Holdings Operating Margin %?

Food Empire Holdings SGX:F03 +0.85% 86 Operating Margin % is 17.02% as of Dec. 2025, which is 43% above its 10-year median of 11.94. GuruFocus rates SGX:F03 with a GF Score™ of 86/100 and a GF Value™ of S$1.17 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, Food Empire Holdings ranks better than 77.59% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Food Empire Holdings's Operating Income for the six months ended in Dec. 2025 was S$66.5 Mil. Food Empire Holdings's Revenue for the six months ended in Dec. 2025 was S$390.9 Mil. Therefore, Food Empire Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was 17.02%.

Good Sign:

Food Empire Holdings Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

SGX:F03' s Operating Margin % Range Over the Past 10 Years
Min: 6.04   Med: 11.94   Max: 16.77
Current: 16.38


SGX:F03's Operating Margin % is ranked better than
77.59% of 116 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 8.975 vs SGX:F03: 16.38

Food Empire Holdings's 5-Year Average Operating Margin % Growth Rate was 8.80% per year.

Food Empire Holdings's Operating Income for the six months ended in Dec. 2025 was S$66.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was S$121.6 Mil.


Food Empire Holdings  (SGX:F03) 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.


Food Empire Holdings Operating Margin % Related Terms


Food Empire Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Food Empire Holdings'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.

Food Empire Holdings Operating Margin % Chart

Food Empire Holdings 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 8.14 13.23 16.77 13.47 16.46

Food Empire Holdings 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 16.06 12.72 14.09 15.67 17.02

SGX:F03 vs KO, PEP, MNST: Operating Margin % Comparison

For the Beverages - Non-Alcoholic subindustry, Food Empire 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.


Food Empire Holdings Operating Margin % vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Food Empire Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Food Empire Holdings's Operating Margin % falls into.


SGX:F03
86GF Score
Food Empire Holdings Ltd SGX:F03
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Food Empire Holdings 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.

Food Empire Holdings'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 )
=122.556 / 744.627
=16.46 %

Food Empire Holdings'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 )
=66.53 / 390.898
=17.02 %

* 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 17.02% mean?
Food Empire Holdings (SGX:F03) has a Operating Margin % of 17.02% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Food Empire Holdings and its competitors. This is 43% above median its historical median of 11.94. Over the past decade, Food Empire Holdings' Operating Margin % has ranged from 6.04 to 16.77. According to the industry distribution chart, Food Empire Holdings ranks #26 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 22.4%.
Is Food Empire Holdings' Operating Margin % too high?
Food Empire Holdings' current Operating Margin % of 17.02% is 43% above median its 10-year median of 11.94. Over the past 10 years, this metric has ranged from a low of 6.04 to a high of 16.77. The Beverages - Non-Alcoholic industry median Operating Margin % is 8.98. Food Empire Holdings' value of 17.02% is 89.6% above this industry median. Based on the distribution chart, Food Empire Holdings ranks #26 out of 116 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Food Empire Holdings has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Food Empire Holdings' Operating Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Food Empire Holdings ranks #26 out of 116 companies for Operating Margin %. This places Food Empire Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 8.98. Food Empire Holdings' value of 17.02% is 89.6% above this benchmark. Historically, Food Empire Holdings' own Operating Margin % has ranged from 6.04 to 16.77 over the past decade. While the company's 10-year median is 11.94 vs. the industry median of 8.98, Food Empire 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 Beverages - Non-Alcoholic company?
The median Operating Margin % among Beverages - Non-Alcoholic companies is 8.98, based on 116 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. Food Empire Holdings's current Operating Margin % of 17.02% is 89.6% 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 Food Empire Holdings and its competitors. For the Beverages - Non-Alcoholic industry, the median Operating Margin % is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Food Empire Holdings's current Operating Margin % is 17.02%, which is 43% above median its own 10-year median of 11.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Food Empire Holdings stock overvalued right now?
Based on GuruFocus' analysis, Food Empire Holdings (SGX:F03) is currently considered Significantly Overvalued. The stock's GF Value™ is S$1.17, compared to a current price of S$2.37 — trading 102.6% above its estimated fair value. The current Operating Margin % is 17.02%, which is 43% above median its 10-year median of 11.94 and 89.6% above the Beverages - Non-Alcoholic industry median of 8.98. Food Empire Holdings' overall GF Score™ is 86/100 with 3 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 Food Empire Holdings (SGX:F03), the current Operating Margin % is 17.02% 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 Food Empire Holdings (SGX:F03) Overvalued in 2026?

Based on GuruFocus' analysis, Food Empire Holdings stock appears to be overvalued. The current stock price of S$2.37 is trading 102.6% above its estimated GF Value™ of S$1.17. GuruFocus considers Food Empire Holdings to be Significantly Overvalued.

Key valuation signals for SGX:F03:

  • Operating Margin %: 17.02% (43% above median its 10-year median of 11.94)
  • GF Value™: S$1.17 vs. price of S$2.37 (102.6% above fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 89.6% above the Beverages - Non-Alcoholic median (#26 of 116)

No single metric tells the full story. See the SGX:F03 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Food Empire Holdings Business Description

Address 7 Tampines Grande, No. 03-01, Asia Green, Singapore, SGP, 528736
Food Empire Holdings Ltd is principally an investment holding company. Along with its subsidiaries, it operates as a multinational food and beverage manufacturing and distribution group. The company's primary business is instant coffee beverages, which are retailed under its flagship MacCoffee and CafePHO brands. It offers a range of other beverages such as tea and hot chocolate under its family of proprietary brands including Petrovskaya Sloboda, Klassno and Hillway. The Group is also involved in the snack manufacturing and distribution business under its Kracks brand. The company is organised into six reportable segments based on geographical locations, namely Russia, South-East Asia, Central Asia, South Asia, Europe, and Others. The majority of revenue is derived from Russia.
86GF Score

Get the complete analysis for SGX:F03

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

S$2.37
Price
S$1.17
GF Value