Reclaims GlobalSGX:NEX -1.00%64 Operating Margin % is 28.28% as of Jan. 2026, which is 100% above its 10-year median of 14.11. GuruFocus rates SGX:NEX with a GF Score™ of 64/100 and a GF Value™ of S$0.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 240 Waste Management companies, Reclaims Global ranks better than 86.67% on this metric.
Reclaims Global (SGX:NEX) 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.
Reclaims Global Operating Margin % Related Terms
Reclaims Global Operating Margin % Historical Data
* Premium members only.
The historical data trend for Reclaims Global'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:NEX vs WM, RSG, WCN: Operating Margin % Comparison
For the Waste Management subindustry, Reclaims Global'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.
Reclaims Global Operating Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Reclaims Global's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Reclaims Global'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.
Reclaims Global's Operating Margin % for the fiscal year that ended in Jan. 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.
Reclaims Global (SGX:NEX) has a Operating Margin % of 28.28% as of Jan. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Reclaims Global and its competitors. This is 100% above median its historical median of 14.11. Over the past decade, Reclaims Global's Operating Margin % has ranged from 5.62 to 27.53. According to the industry distribution chart, Reclaims Global ranks #32 out of 240 companies in the Waste Management industry, placing it in the top 13.3%.
Is Reclaims Global's Operating Margin % too high?
Reclaims Global's current Operating Margin % of 28.28% is 100% above median its 10-year median of 14.11. Over the past 10 years, this metric has ranged from a low of 5.62 to a high of 27.53. The Waste Management industry median Operating Margin % is 6.58. Reclaims Global's value of 28.28% is 329.8% above this industry median. Based on the distribution chart, Reclaims Global ranks #32 out of 240 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Reclaims Global has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reclaims Global's Operating Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Reclaims Global ranks #32 out of 240 companies for Operating Margin %. This places Reclaims Global in the top 13% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.58. Reclaims Global's value of 28.28% is 329.8% above this benchmark. Historically, Reclaims Global's own Operating Margin % has ranged from 5.62 to 27.53 over the past decade. While the company's 10-year median is 14.11 vs. the industry median of 6.58, Reclaims Global 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 Waste Management company?
The median Operating Margin % among Waste Management companies is 6.58, based on 240 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. Reclaims Global's current Operating Margin % of 28.28% is 329.8% 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 Reclaims Global and its competitors. For the Waste Management industry, the median Operating Margin % is 6.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reclaims Global's current Operating Margin % is 28.28%, which is 100% above median its own 10-year median of 14.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reclaims Global stock overvalued right now?
Based on GuruFocus' analysis, Reclaims Global (SGX:NEX) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.14, compared to a current price of S$0.20 — trading 41.4% above its estimated fair value. The current Operating Margin % is 28.28%, which is 100% above median its 10-year median of 14.11 and 329.8% above the Waste Management industry median of 6.58. Reclaims Global's overall GF Score™ is 64/100 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 Reclaims Global (SGX:NEX), the current Operating Margin % is 28.28% as of Jan. 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 Reclaims Global (SGX:NEX) Overvalued in 2026?
Based on GuruFocus' analysis, Reclaims Global stock appears to be overvalued.
The current stock price of S$0.20 is trading 41.4% above its estimated GF Value™ of S$0.14.
GuruFocus considers Reclaims Global to be Significantly Overvalued.
Key valuation signals for SGX:NEX:
Operating Margin %: 28.28% (100% above median its 10-year median of 14.11)
GF Value™: S$0.14 vs. price of S$0.20 (41.4% above fair value)
Industry Position: 329.8% above the Waste Management median (#32 of 240)
No single metric tells the full story. See the SGX:NEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reclaims Global Ltd is an integrated service provider in the construction industry. The group specializes in the recycling of construction & demolition waste, customisation of excavation solutions, & operating fleet management. Its operating business segments are: Recycling, Excavation services, & Logistics & leasing. The Excavation services segment performs land clearing, excavation, & removal of construction & demolition waste, consisting of demolition works, site clearance, reshaping, backfilling, compacting, & turfing. The recycling segment focuses on the reclaiming of natural & urban construction & demolition waste & is for sale as building materials to customers. The logistics & leasing segment provides transportation services and leasing of machinery & equipment.
64GF Score
Get the complete analysis for SGX:NEX
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:NEX has been successfully added to your 
