Metro HoldingsSGX:M01 36 Operating Margin % is -29.79% as of Mar. 2026. GuruFocus rates SGX:M01 with a GF Score™ of 36/100 and a GF Value™ of S$0.42 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,124 Retail - Cyclical companies, Metro Holdings ranks worse than 94.66% on this metric.
Metro Holdings Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -50%.
The historical rank and industry rank for Metro Holdings's Operating Margin % or its related term are showing as below:
SGX:M01'
s Operating Margin % Range Over the Past 10 Years
Min: -27.08 Med: -7.88 Max: -0.86
Current: -27.08
SGX:M01's Operating Margin % is ranked worse than 94.66% of 1124
companies
in the Retail - Cyclical industry
Industry Median: 3.915
vs SGX:M01: -27.08
Metro Holdings's 5-Year Average Operating Margin % Growth Rate was -50.00% per year.
Metro Holdings's Operating Income for the
six
months ended in Mar. 2026 was S$-16.69 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was S$-26.44 Mil.
Metro Holdings (SGX:M01) 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 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.
Metro Holdings Operating Margin % Related Terms
Metro Holdings Operating Margin % Historical Data
* Premium members only.
The historical data trend for Metro 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.
For the Department Stores subindustry, Metro 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.
Metro Holdings Operating Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Metro Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Metro 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.
Metro Holdings'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.
Metro Holdings (SGX:M01) has a Operating Margin % of -29.79% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Metro Holdings and its competitors. According to the industry distribution chart, Metro Holdings ranks #1064 out of 1124 companies in the Retail - Cyclical industry, placing it in the top 94.7%.
Is Metro Holdings' Operating Margin % too high?
Metro Holdings' current Operating Margin % is -29.79%. Based on the distribution chart, Metro Holdings ranks #1064 out of 1124 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Metro Holdings has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metro Holdings' Operating Margin % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Metro Holdings ranks #1064 out of 1124 companies for Operating Margin %. This places Metro Holdings in the lower half of its industry. The industry median Operating Margin % is 3.92. 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.92, based on 1,124 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 Metro Holdings and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro Holdings's current Operating Margin % is -29.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Holdings stock overvalued right now?
Based on GuruFocus' analysis, Metro Holdings (SGX:M01) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.42, compared to a current price of S$0.47 — trading 10.7% above its estimated fair value. The current Operating Margin % is -29.79%. Metro Holdings' overall GF Score™ is 36/100 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 Metro Holdings (SGX:M01), the current Operating Margin % is -29.79% 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 Metro Holdings (SGX:M01) Overvalued in 2026?
Based on GuruFocus' analysis, Metro Holdings stock appears to be overvalued.
The current stock price of S$0.47 is trading 10.7% above its estimated GF Value™ of S$0.42.
GuruFocus considers Metro Holdings to be Modestly Overvalued.
Key valuation signals for SGX:M01:
Operating Margin %: -29.79%
GF Value™: S$0.42 vs. price of S$0.47 (10.7% above fair value)
No single metric tells the full story. See the SGX:M01 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metro Holdings Ltd is a management, property investment, and holding company. The company's business segments are Property investment and development, and Retail. Maximum revenue is generated from its Retail segment which is involved in the business of retailing and operating department stores. The Property segment is involved in the leasing of shopping and office spaces owned by the group and investing in property-related investments. The company has a presence in Singapore, China, Indonesia, the UK, and Australia. Geographically it derives key revenue from Singapore and the rest from Indonesia, and China.
36GF Score
Get the complete analysis for SGX:M01
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:M01 has been successfully added to your 
