Malaysia Smelting BhdSGX:NPW -4.84%70 Operating Margin % is 15.37% as of Mar. 2026, which is 114% above its 10-year median of 7.19. GuruFocus rates SGX:NPW with a GF Score™ of 70/100 and a GF Value™ of S$0.45 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 841 Metals & Mining companies, Malaysia Smelting Bhd ranks better than 59.69% on this metric.
Malaysia Smelting Corp Bhd has recorded a loss in operating income at least once over the past 3 years.
Malaysia Smelting Bhd (SGX:NPW) 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.
Malaysia Smelting Bhd Operating Margin % Related Terms
Malaysia Smelting Bhd Operating Margin % Historical Data
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The historical data trend for Malaysia Smelting Bhd'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.
Malaysia Smelting Bhd Operating Margin % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Malaysia Smelting Bhd'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.
Malaysia Smelting Bhd Operating Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Malaysia Smelting Bhd's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Malaysia Smelting Bhd's Operating Margin % falls into.
Malaysia Smelting Bhd 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.
Malaysia Smelting Bhd'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.
Malaysia Smelting Bhd (SGX:NPW) has a Operating Margin % of 15.37% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Malaysia Smelting Bhd and its competitors. This is 114% above median its historical median of 7.19. Over the past decade, Malaysia Smelting Bhd's Operating Margin % has ranged from 2.88 to 18.67. According to the industry distribution chart, Malaysia Smelting Bhd ranks #339 out of 841 companies in the Metals & Mining industry, placing it in the top 40.3%.
Is Malaysia Smelting Bhd's Operating Margin % too high?
Malaysia Smelting Bhd's current Operating Margin % of 15.37% is 114% above median its 10-year median of 7.19. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 18.67. The Metals & Mining industry median Operating Margin % is 5.79. Malaysia Smelting Bhd's value of 15.37% is 165.5% above this industry median. Based on the distribution chart, Malaysia Smelting Bhd ranks #339 out of 841 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Malaysia Smelting Bhd has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Malaysia Smelting Bhd's Operating Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Malaysia Smelting Bhd ranks #339 out of 841 companies for Operating Margin %. This puts Malaysia Smelting Bhd in the upper half of its industry. The industry median Operating Margin % is 5.79. Malaysia Smelting Bhd's value of 15.37% is 165.5% above this benchmark. Historically, Malaysia Smelting Bhd's own Operating Margin % has ranged from 2.88 to 18.67 over the past decade. While the company's 10-year median is 7.19 vs. the industry median of 5.79, Malaysia Smelting Bhd 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 Metals & Mining company?
The median Operating Margin % among Metals & Mining companies is 5.79, based on 841 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. Malaysia Smelting Bhd's current Operating Margin % of 15.37% is 165.5% 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 Malaysia Smelting Bhd and its competitors. For the Metals & Mining 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. Malaysia Smelting Bhd's current Operating Margin % is 15.37%, which is 114% above median its own 10-year median of 7.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malaysia Smelting Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malaysia Smelting Bhd (SGX:NPW) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.45, compared to a current price of S$0.59 — trading 31.1% above its estimated fair value. The current Operating Margin % is 15.37%, which is 114% above median its 10-year median of 7.19 and 165.5% above the Metals & Mining industry median of 5.79. Malaysia Smelting Bhd's overall GF Score™ is 70/100 with 7 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 Malaysia Smelting Bhd (SGX:NPW), the current Operating Margin % is 15.37% 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 Malaysia Smelting Bhd (SGX:NPW) Overvalued in 2026?
Based on GuruFocus' analysis, Malaysia Smelting Bhd stock appears to be overvalued.
The current stock price of S$0.59 is trading 31.1% above its estimated GF Value™ of S$0.45.
GuruFocus considers Malaysia Smelting Bhd to be Significantly Overvalued.
Key valuation signals for SGX:NPW:
Operating Margin %: 15.37% (114% above median its 10-year median of 7.19)
GF Value™: S$0.45 vs. price of S$0.59 (31.1% above fair value)
Industry Position: 165.5% above the Metals & Mining median (#339 of 841)
No single metric tells the full story. See the SGX:NPW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malaysia Smelting Corp Bhd is an investment holding company. Along with its subsidiaries, it is engaged in smelting of tin concentrates and tin-bearing materials, the production of various grades of refined tin metal under the MSC brand name, and the sales and delivery of refined tin metal and by-products. The group has three reportable operating segments: Tin smelting, Tin Mining, and Others. The majority of its revenue is generated from the Tin Smelting segment, which includes the smelting of tin concentrates and tin-bearing materials, the production of various grades of refined tin metal, and the sale and delivery of refined tin metal and by-products. Geographically, the group mainly operates in Malaysia.
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