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Assembly Place HoldingsSGX:TAP 12 Operating Margin % is 50.58% as of Dec. 2025, which is 17% below its 10-year median of 61.11. GuruFocus rates SGX:TAP with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 1,744 Real Estate companies, Assembly Place Holdings ranks better than 87.1% on this metric.
Assembly Place Holdings (SGX:TAP) 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.
Assembly Place Holdings Operating Margin % Related Terms
Assembly Place Holdings Operating Margin % Historical Data
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The historical data trend for Assembly Place 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.
SGX:TAP vs CBRE, BEKE, JLL: Operating Margin % Comparison
For the Real Estate Services subindustry, Assembly Place 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.
Assembly Place Holdings Operating Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Assembly Place Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Assembly Place Holdings's Operating Margin % falls into.
Assembly Place Holdings 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.
Assembly Place Holdings'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.
Assembly Place Holdings (SGX:TAP) has a Operating Margin % of 50.58% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Assembly Place Holdings and its competitors. This is 17% below median its historical median of 61.11. Over the past decade, Assembly Place Holdings' Operating Margin % has ranged from 55.52 to 64.15. According to the industry distribution chart, Assembly Place Holdings ranks #225 out of 1744 companies in the Real Estate industry, placing it in the top 12.9%.
Is Assembly Place Holdings' Operating Margin % too high?
Assembly Place Holdings' current Operating Margin % of 50.58% is 17% below median its 10-year median of 61.11. Over the past 10 years, this metric has ranged from a low of 55.52 to a high of 64.15. The Real Estate industry median Operating Margin % is 13.22. Assembly Place Holdings' value of 50.58% is 282.6% above this industry median. Based on the distribution chart, Assembly Place Holdings ranks #225 out of 1744 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Assembly Place Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Assembly Place Holdings' Operating Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Assembly Place Holdings ranks #225 out of 1744 companies for Operating Margin %. This places Assembly Place Holdings in the top 13% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 13.22. Assembly Place Holdings' value of 50.58% is 282.6% above this benchmark. Historically, Assembly Place Holdings' own Operating Margin % has ranged from 55.52 to 64.15 over the past decade. While the company's 10-year median is 61.11 vs. the industry median of 13.22, Assembly Place Holdings 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 13.22, based on 1,744 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. Assembly Place Holdings's current Operating Margin % of 50.58% is 282.6% 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 Assembly Place Holdings and its competitors. For the Real Estate industry, the median Operating Margin % is 13.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Assembly Place Holdings's current Operating Margin % is 50.58%, which is 17% below median its own 10-year median of 61.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assembly Place Holdings stock overvalued right now?
Assembly Place Holdings (SGX:TAP) has a current Operating Margin % of 50.58%. The current Operating Margin % is 50.58%, which is 17% below median its 10-year median of 61.11 and 282.6% above the Real Estate industry median of 13.22. Assembly Place Holdings' overall GF Score™ is 12/100 with 3 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 Assembly Place Holdings (SGX:TAP), the current Operating Margin % is 50.58% 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.
Assembly Place Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the provision of community-driven living accommodation and property management services. Its business comprises three key segments: Community-driven stays - operates and manages residential and other types of property assets to offer its members community-driven living solutions; Other Property-related Services offer value-added services such as referral services and project management services to property asset owners; and Investments - acquires minority ownership interests in companies that own property assets. It generates the majority of its revenue from the community-driven stays segment. Geographically, it operates only in Singapore.
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