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.
Hong FokSGX:H30 50 Operating Margin % is 49.24% as of Dec. 2025, which is 16% above its 10-year median of 42.57. GuruFocus rates SGX:H30 with a GF Score™ of 50/100 and a GF Value™ of S$0.66 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,745 Real Estate companies, Hong Fok ranks better than 84.3% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Hong Fok's Operating Income for the
six
months ended in Dec. 2025 was S$25.33 Mil. Hong Fok's Revenue for the
six
months ended in Dec. 2025 was S$51.44 Mil. Therefore, Hong Fok's Operating Margin % for the quarter that ended in Dec. 2025 was 49.24%.
The historical rank and industry rank for Hong Fok's Operating Margin % or its related term are showing as below:
SGX:H30'
s Operating Margin % Range Over the Past 10 Years
Min: 29.23 Med: 42.57 Max: 49.95
Current: 49.49
SGX:H30's Operating Margin % is ranked better than 84.3% of 1745
companies
in the Real Estate industry
Industry Median: 13.24
vs SGX:H30: 49.49
Hong Fok's 5-Year Average Operating Margin % Growth Rate was -0.40% per year.
Hong Fok's Operating Income for the
six
months ended in Dec. 2025 was S$25.33 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was S$48.67 Mil.
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.
Hong Fok Operating Margin % Related Terms
Hong Fok Operating Margin % Historical Data
* Premium members only.
The historical data trend for Hong Fok'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:H30 vs CBRE, BEKE, JLL: Operating Margin % Comparison
For the Real Estate Services subindustry, Hong Fok'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.
Hong Fok Operating Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Hong Fok's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Hong Fok'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.
Hong Fok'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.
Hong Fok (SGX:H30) has a Operating Margin % of 49.24% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Hong Fok and its competitors. This is 16% above median its historical median of 42.57. Over the past decade, Hong Fok's Operating Margin % has ranged from 29.23 to 49.95. According to the industry distribution chart, Hong Fok ranks #274 out of 1745 companies in the Real Estate industry, placing it in the top 15.7%.
Is Hong Fok's Operating Margin % too high?
Hong Fok's current Operating Margin % of 49.24% is 16% above median its 10-year median of 42.57. Over the past 10 years, this metric has ranged from a low of 29.23 to a high of 49.95. The Real Estate industry median Operating Margin % is 13.24. Hong Fok's value of 49.24% is 271.9% above this industry median. Based on the distribution chart, Hong Fok ranks #274 out of 1745 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Hong Fok has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Fok's Operating Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hong Fok ranks #274 out of 1745 companies for Operating Margin %. This places Hong Fok in the top 16% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 13.24. Hong Fok's value of 49.24% is 271.9% above this benchmark. Historically, Hong Fok's own Operating Margin % has ranged from 29.23 to 49.95 over the past decade. While the company's 10-year median is 42.57 vs. the industry median of 13.24, Hong Fok 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 Real Estate company?
The median Operating Margin % among Real Estate companies is 13.24, based on 1,745 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. Hong Fok's current Operating Margin % of 49.24% is 271.9% 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 Hong Fok and its competitors. For the Real Estate industry, the median Operating Margin % is 13.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Fok's current Operating Margin % is 49.24%, which is 16% above median its own 10-year median of 42.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Fok stock overvalued right now?
Based on GuruFocus' analysis, Hong Fok (SGX:H30) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.66, compared to a current price of S$0.91 — trading 37.9% above its estimated fair value. The current Operating Margin % is 49.24%, which is 16% above median its 10-year median of 42.57 and 271.9% above the Real Estate industry median of 13.24. Hong Fok's overall GF Score™ is 50/100 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 Hong Fok (SGX:H30), the current Operating Margin % is 49.24% 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 Hong Fok (SGX:H30) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Fok stock appears to be overvalued.
The current stock price of S$0.91 is trading 37.9% above its estimated GF Value™ of S$0.66.
GuruFocus considers Hong Fok to be Significantly Overvalued.
Key valuation signals for SGX:H30:
Operating Margin %: 49.24% (16% above median its 10-year median of 42.57)
GF Value™: S$0.66 vs. price of S$0.91 (37.9% above fair value)
Industry Position: 271.9% above the Real Estate median (#274 of 1745)
No single metric tells the full story. See the SGX:H30 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Fok Corp Ltd is an investment holding company. The principal activities of the company consist of investment, property development and construction, property management, investment trading, provision of horticultural services, and investment holding and management. The company has three reportable segments: Property investment, which includes investments in investment properties; Property development and construction, which develops retail and residential units, including the sale of residential units, and construction of a hotel; and Property management, which provides maintenance and management services. The company generates majority of its revenue from the Property development and construction segment.
50GF Score
Get the complete analysis for SGX:H30
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:H30 has been successfully added to your 
