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Hoa Phat Group JSCSTC:HPG 92 Operating Margin % is 12.54% as of Mar. 2026, which is 27% below its 10-year median of 17.10. GuruFocus rates STC:HPG with a GF Score™ of 92/100 and a GF Value™ of ₫29,840.83 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 611 Steel companies, Hoa Phat Group JSC ranks better than 89.85% on this metric.
Hoa Phat Group JSC (STC:HPG) 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.
Hoa Phat Group JSC Operating Margin % Related Terms
Hoa Phat Group JSC Operating Margin % Historical Data
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The historical data trend for Hoa Phat Group JSC'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.
STC:HPG vs NUE, STLD, RS: Operating Margin % Comparison
For the Steel subindustry, Hoa Phat Group JSC'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.
Hoa Phat Group JSC Operating Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Hoa Phat Group JSC's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Hoa Phat Group JSC'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.
Hoa Phat Group JSC'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.
Hoa Phat Group JSC (STC:HPG) has a Operating Margin % of 12.54% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Hoa Phat Group JSC and its competitors. This is 27% below median its historical median of 17.10. Over the past decade, Hoa Phat Group JSC's Operating Margin % has ranged from 8.13 to 25.16. According to the industry distribution chart, Hoa Phat Group JSC ranks #62 out of 611 companies in the Steel industry, placing it in the top 10.1%.
Is Hoa Phat Group JSC's Operating Margin % too high?
Hoa Phat Group JSC's current Operating Margin % of 12.54% is 27% below median its 10-year median of 17.10. Over the past 10 years, this metric has ranged from a low of 8.13 to a high of 25.16. The Steel industry median Operating Margin % is 3.01. Hoa Phat Group JSC's value of 12.54% is 316.6% above this industry median. Based on the distribution chart, Hoa Phat Group JSC ranks #62 out of 611 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Hoa Phat Group JSC has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoa Phat Group JSC's Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Hoa Phat Group JSC ranks #62 out of 611 companies for Operating Margin %. This places Hoa Phat Group JSC in the top 10% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.01. Hoa Phat Group JSC's value of 12.54% is 316.6% above this benchmark. Historically, Hoa Phat Group JSC's own Operating Margin % has ranged from 8.13 to 25.16 over the past decade. While the company's 10-year median is 17.10 vs. the industry median of 3.01, Hoa Phat Group JSC 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 Steel company?
The median Operating Margin % among Steel companies is 3.01, based on 611 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. Hoa Phat Group JSC's current Operating Margin % of 12.54% is 316.6% 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 Hoa Phat Group JSC and its competitors. For the Steel industry, the median Operating Margin % is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoa Phat Group JSC's current Operating Margin % is 12.54%, which is 27% below median its own 10-year median of 17.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoa Phat Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Hoa Phat Group JSC (STC:HPG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫29,840.83, compared to a current price of ₫22,200.00 — trading 25.6% below its estimated fair value. The current Operating Margin % is 12.54%, which is 27% below median its 10-year median of 17.10 and 316.6% above the Steel industry median of 3.01. Hoa Phat Group JSC's overall GF Score™ is 92/100 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 Hoa Phat Group JSC (STC:HPG), the current Operating Margin % is 12.54% 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 Hoa Phat Group JSC (STC:HPG) Overvalued in 2026?
Based on GuruFocus' analysis, Hoa Phat Group JSC stock appears to be undervalued.
The current stock price of ₫22,200.00 is trading 25.6% below its estimated GF Value™ of ₫29,840.83.
GuruFocus considers Hoa Phat Group JSC to be Modestly Undervalued.
Key valuation signals for STC:HPG:
Operating Margin %: 12.54% (27% below median its 10-year median of 17.10)
GF Value™: ₫29,840.83 vs. price of ₫22,200.00 (25.6% below fair value)
Industry Position: 316.6% above the Steel median (#62 of 611)
No single metric tells the full story. See the STC:HPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoa Phat Group JSC is engaged in the business of steel production and trading. The company operates through four segments which include Production and trading of steel:, Other industrial production, Construction and development of real estate, and Agriculture. The core segment for operations is the steel production and trading accounts for the majority of the Groups revenue.
92GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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