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Boustead SingaporeSGX:F9D +2.06%57 Operating Margin % is 9.62% as of Mar. 2026, which is 13% below its 10-year median of 11.09. GuruFocus rates SGX:F9D with a GF Score™ of 57/100 and a GF Value™ of S$0.90 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 547 Conglomerates companies, Boustead Singapore ranks better than 73.67% 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.
Boustead Singapore Operating Margin % Related Terms
Boustead Singapore Operating Margin % Historical Data
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The historical data trend for Boustead Singapore'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:F9D vs MMM, HON: Operating Margin % Comparison
For the Conglomerates subindustry, Boustead Singapore'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.
Boustead Singapore Operating Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Boustead Singapore's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Boustead Singapore'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.
Boustead Singapore's Operating Margin % for the fiscal year that ended in Mar. 2026 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.
Boustead Singapore (SGX:F9D) has a Operating Margin % of 9.62% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Boustead Singapore and its competitors. This is 13% below median its historical median of 11.09. Over the past decade, Boustead Singapore's Operating Margin % has ranged from 5.34 to 18.99. According to the industry distribution chart, Boustead Singapore ranks #144 out of 547 companies in the Conglomerates industry, placing it in the top 26.3%.
Is Boustead Singapore's Operating Margin % too high?
Boustead Singapore's current Operating Margin % of 9.62% is 13% below median its 10-year median of 11.09. Over the past 10 years, this metric has ranged from a low of 5.34 to a high of 18.99. The Conglomerates industry median Operating Margin % is 5.79. Boustead Singapore's value of 9.62% is 66.1% above this industry median. Based on the distribution chart, Boustead Singapore ranks #144 out of 547 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Boustead Singapore has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Boustead Singapore's Operating Margin % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Boustead Singapore ranks #144 out of 547 companies for Operating Margin %. This puts Boustead Singapore in the upper half of its industry. The industry median Operating Margin % is 5.79. Boustead Singapore's value of 9.62% is 66.1% above this benchmark. Historically, Boustead Singapore's own Operating Margin % has ranged from 5.34 to 18.99 over the past decade. While the company's 10-year median is 11.09 vs. the industry median of 5.79, Boustead Singapore 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 Conglomerates company?
The median Operating Margin % among Conglomerates companies is 5.79, based on 547 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. Boustead Singapore's current Operating Margin % of 9.62% is 66.1% 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 Boustead Singapore and its competitors. For the Conglomerates industry, the median Operating Margin % is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boustead Singapore's current Operating Margin % is 9.62%, which is 13% below median its own 10-year median of 11.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boustead Singapore stock overvalued right now?
Based on GuruFocus' analysis, Boustead Singapore (SGX:F9D) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.90, compared to a current price of S$1.98 — trading 120% above its estimated fair value. The current Operating Margin % is 9.62%, which is 13% below median its 10-year median of 11.09 and 66.1% above the Conglomerates industry median of 5.79. Boustead Singapore's overall GF Score™ is 57/100 with 4 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 Boustead Singapore (SGX:F9D), the current Operating Margin % is 9.62% as of Mar. 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 Boustead Singapore (SGX:F9D) Overvalued in 2026?
Based on GuruFocus' analysis, Boustead Singapore stock appears to be overvalued.
The current stock price of S$1.98 is trading 120% above its estimated GF Value™ of S$0.90.
GuruFocus considers Boustead Singapore to be Significantly Overvalued.
Key valuation signals for SGX:F9D:
Operating Margin %: 9.62% (13% below median its 10-year median of 11.09)
GF Value™: S$0.90 vs. price of S$1.98 (120% above fair value)
Industry Position: 66.1% above the Conglomerates median (#144 of 547)
No single metric tells the full story. See the SGX:F9D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Boustead Singapore Ltd is an investment holding company that engages in infrastructure-related engineering services and geo-spatial solutions. It operates in five segments. The company has five operating segments: Geospatial, Real Estate Solutions, Energy Engineering, Healthcare, and HQ activities. The company generates key revenue from the Geospatial segment, which includes exclusive distribution, professional services, and solutions related to Esri ArcGIS, geographic information system, smart mapping, and location analytics platform, for key markets across Australia and parts of South East Asia.
57GF Score
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