Vicom (SGX:WJP) Operating Margin %: 35.10% (As of Dec. 2025) — 20% Above Median


SGX:WJP Vicom Ltd SGX:WJP
95 GF Score
Price S$1.79
GF Value S$2.21
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Vicom Operating Margin %?

Vicom SGX:WJP 95 Operating Margin % is 35.10% as of Dec. 2025, which is 20% above its 10-year median of 29.22. GuruFocus rates SGX:WJP with a GF Score™ of 95/100 and a GF Value™ of S$2.21 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,324 Vehicles & Parts companies, Vicom ranks better than 99.02% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Vicom's Operating Income for the six months ended in Dec. 2025 was S$33.9 Mil. Vicom's Revenue for the six months ended in Dec. 2025 was S$96.4 Mil. Therefore, Vicom's Operating Margin % for the quarter that ended in Dec. 2025 was 35.10%.

The historical rank and industry rank for Vicom's Operating Margin % or its related term are showing as below:

SGX:WJP' s Operating Margin % Range Over the Past 10 Years
Min: 22.65   Med: 29.22   Max: 31.92
Current: 31.26


SGX:WJP's Operating Margin % is ranked better than
99.02% of 1324 companies
in the Vehicles & Parts industry
Industry Median: 4.865 vs SGX:WJP: 31.26

Vicom's 5-Year Average Operating Margin % Growth Rate was -0.80% per year.

Vicom's Operating Income for the six months ended in Dec. 2025 was S$33.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was S$51.6 Mil.


Vicom  (SGX:WJP) 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 Nokia’s 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.


Vicom Operating Margin % Related Terms


Vicom Operating Margin % Historical Data

* Premium members only.

The historical data trend for Vicom'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.

Vicom Operating Margin % Chart

Vicom Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.15 28.66 28.02 27.57 31.26

Vicom Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.99 28.41 26.82 25.87 35.10

SGX:WJP vs CVNA, PAG, ALTB: Operating Margin % Comparison

For the Auto & Truck Dealerships subindustry, Vicom'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.


Vicom Operating Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vicom's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Vicom's Operating Margin % falls into.


SGX:WJP
95GF Score
Vicom Ltd SGX:WJP
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vicom 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.

Vicom's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=51.627 / 165.16
=31.26 %

Vicom's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=33.851 / 96.446
=35.10 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 35.10% mean?
Vicom (SGX:WJP) has a Operating Margin % of 35.10% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Vicom and its competitors. This is 20% above median its historical median of 29.22. Over the past decade, Vicom's Operating Margin % has ranged from 22.65 to 31.92. According to the industry distribution chart, Vicom ranks #13 out of 1324 companies in the Vehicles & Parts industry, placing it in the top 1%.
Is Vicom's Operating Margin % too high?
Vicom's current Operating Margin % of 35.10% is 20% above median its 10-year median of 29.22. Over the past 10 years, this metric has ranged from a low of 22.65 to a high of 31.92. The Vehicles & Parts industry median Operating Margin % is 4.87. Vicom's value of 35.10% is 621.5% above this industry median. Based on the distribution chart, Vicom ranks #13 out of 1324 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Vicom has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vicom's Operating Margin % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Vicom ranks #13 out of 1324 companies for Operating Margin %. This places Vicom in the top 1% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.87. Vicom's value of 35.10% is 621.5% above this benchmark. Historically, Vicom's own Operating Margin % has ranged from 22.65 to 31.92 over the past decade. While the company's 10-year median is 29.22 vs. the industry median of 4.87, Vicom 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 Vehicles & Parts company?
The median Operating Margin % among Vehicles & Parts companies is 4.87, based on 1,324 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. Vicom's current Operating Margin % of 35.10% is 621.5% 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 Vicom and its competitors. For the Vehicles & Parts industry, the median Operating Margin % is 4.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicom's current Operating Margin % is 35.10%, which is 20% above median its own 10-year median of 29.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicom stock overvalued right now?
Based on GuruFocus' analysis, Vicom (SGX:WJP) is currently considered Modestly Undervalued. The stock's GF Value™ is S$2.21, compared to a current price of S$1.79 — trading 19% below its estimated fair value. The current Operating Margin % is 35.10%, which is 20% above median its 10-year median of 29.22 and 621.5% above the Vehicles & Parts industry median of 4.87. Vicom's overall GF Score™ is 95/100 with 1 warning sign 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 Vicom (SGX:WJP), the current Operating Margin % is 35.10% 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 Vicom (SGX:WJP) Overvalued in 2026?

Based on GuruFocus' analysis, Vicom stock appears to be undervalued. The current stock price of S$1.79 is trading 19% below its estimated GF Value™ of S$2.21. GuruFocus considers Vicom to be Modestly Undervalued.

Key valuation signals for SGX:WJP:

  • Operating Margin %: 35.10% (20% above median its 10-year median of 29.22)
  • GF Value™: S$2.21 vs. price of S$1.79 (19% below fair value)
  • GF Score™: 95/100 with 1 warning sign
  • Industry Position: 621.5% above the Vehicles & Parts median (#13 of 1324)

No single metric tells the full story. See the SGX:WJP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vicom Business Description

Address 385 Sin Ming Drive, Singapore, SGP, 575718
Vicom Ltd is an investment holding company engaged in the provision of motor vehicle evaluation and other related services. The company provides technical testing and inspection services to mechanical, biochemical, civil engineering, and non-destructive testing fields. Its services include vehicle inspection, assessment, evaluation, emission test laboratory, motor insurance, road tax renewal, car evaluation, vehicle inspection, and others. The company mainly operates in Singapore and derives prime revenue from inspection and testing services.
95GF Score

Get the complete analysis for SGX:WJP

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$1.79
Price
S$2.21
GF Value