Song Hong Garment JSC (STC:MSH) Operating Margin %: 9.64% (As of Mar. 2026) — Near Median


STC:MSH Song Hong Garment JSC STC:MSH
79 GF Score
Price ₫34,100.00
GF Value ₫34,378.97
Valuation Fairly Valued
! 4 Warning Signs
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What is Song Hong Garment JSC Operating Margin %?

Song Hong Garment JSC STC:MSH +0.59% 79 Operating Margin % is 9.64% as of Mar. 2026, which is 4% above its 10-year median of 9.30. GuruFocus rates STC:MSH with a GF Score™ of 79/100 and a GF Value™ of ₫34,378.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,043 Manufacturing - Apparel & Accessories companies, Song Hong Garment JSC ranks better than 85.04% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Song Hong Garment JSC's Operating Income for the three months ended in Mar. 2026 was ₫100,364 Mil. Song Hong Garment JSC's Revenue for the three months ended in Mar. 2026 was ₫1,041,226 Mil. Therefore, Song Hong Garment JSC's Operating Margin % for the quarter that ended in Mar. 2026 was 9.64%.

Good Sign:

Song Hong Garment JSC operating margin is expanding. Margin expansion is usually a good sign.

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

STC:MSH' s Operating Margin % Range Over the Past 10 Years
Min: 4.11   Med: 9.3   Max: 12.79
Current: 12.79


STC:MSH's Operating Margin % is ranked better than
85.04% of 1043 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.08 vs STC:MSH: 12.79

Song Hong Garment JSC's 5-Year Average Operating Margin % Growth Rate was 7.40% per year.

Song Hong Garment JSC's Operating Income for the three months ended in Mar. 2026 was ₫100,364 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₫709,111 Mil.


Song Hong Garment JSC  (STC:MSH) 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.


Song Hong Garment JSC Operating Margin % Related Terms


Song Hong Garment JSC Operating Margin % Historical Data

* Premium members only.

The historical data trend for Song Hong Garment 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.

Song Hong Garment JSC Operating Margin % Chart

Song Hong Garment JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 10.26 6.49 4.11 8.34 12.77

Song Hong Garment JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.03 12.10 13.39 15.18 9.64

STC:MSH vs RL, LEVI, VFC: Operating Margin % Comparison

For the Apparel Manufacturing subindustry, Song Hong Garment 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.


Song Hong Garment JSC Operating Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Song Hong Garment JSC's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Song Hong Garment JSC's Operating Margin % falls into.


STC:MSH
79GF Score
Song Hong Garment JSC STC:MSH
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Song Hong Garment JSC 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.

Song Hong Garment JSC'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 )
=707256.004 / 5538068.232
=12.77 %

Song Hong Garment JSC's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=100364.071 / 1041226.319
=9.64 %

* 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 9.64% mean?
Song Hong Garment JSC (STC:MSH) has a Operating Margin % of 9.64% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Song Hong Garment JSC and its competitors. This is near median its historical median of 9.30. Over the past decade, Song Hong Garment JSC's Operating Margin % has ranged from 4.11 to 12.79. According to the industry distribution chart, Song Hong Garment JSC ranks #156 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 15%.
Is Song Hong Garment JSC's Operating Margin % too high?
Song Hong Garment JSC's current Operating Margin % of 9.64% is near median its 10-year median of 9.30. Over the past 10 years, this metric has ranged from a low of 4.11 to a high of 12.79. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.08. Song Hong Garment JSC's value of 9.64% is 136.3% above this industry median. Based on the distribution chart, Song Hong Garment JSC ranks #156 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Song Hong Garment JSC has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Song Hong Garment JSC's Operating Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Song Hong Garment JSC ranks #156 out of 1043 companies for Operating Margin %. This places Song Hong Garment JSC in the top 15% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.08. Song Hong Garment JSC's value of 9.64% is 136.3% above this benchmark. Historically, Song Hong Garment JSC's own Operating Margin % has ranged from 4.11 to 12.79 over the past decade. While the company's 10-year median is 9.30 vs. the industry median of 4.08, Song Hong Garment 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 Manufacturing - Apparel & Accessories company?
The median Operating Margin % among Manufacturing - Apparel & Accessories companies is 4.08, based on 1,043 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. Song Hong Garment JSC's current Operating Margin % of 9.64% is 136.3% 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 Song Hong Garment JSC and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Hong Garment JSC's current Operating Margin % is 9.64%, which is near median its own 10-year median of 9.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Hong Garment JSC stock overvalued right now?
Based on GuruFocus' analysis, Song Hong Garment JSC (STC:MSH) is currently considered Fairly Valued. The stock's GF Value™ is ₫34,378.97, compared to a current price of ₫34,100.00 — trading 0.8% below its estimated fair value. The current Operating Margin % is 9.64%, which is near median its 10-year median of 9.30 and 136.3% above the Manufacturing - Apparel & Accessories industry median of 4.08. Song Hong Garment JSC's overall GF Score™ is 79/100 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 Song Hong Garment JSC (STC:MSH), the current Operating Margin % is 9.64% 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 Song Hong Garment JSC (STC:MSH) Overvalued in 2026?

Based on GuruFocus' analysis, Song Hong Garment JSC stock appears to be undervalued. The current stock price of ₫34,100.00 is trading 0.8% below its estimated GF Value™ of ₫34,378.97. GuruFocus considers Song Hong Garment JSC to be Fairly Valued.

Key valuation signals for STC:MSH:

  • Operating Margin %: 9.64% (near median its 10-year median of 9.30)
  • GF Value™: ₫34,378.97 vs. price of ₫34,100.00 (0.8% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 136.3% above the Manufacturing - Apparel & Accessories median (#156 of 1043)

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


Song Hong Garment JSC Business Description

Address 105 Nguyen Duc Thuan Street, Nam Dinh Ward, Ninh Binh Province, Nam Dinh, VNM
Song Hong Garment JSC is a Vietnam-based manufacturer and distributor of garment and textile products. The company has a market presence in Vietnam and the international market. Its product offerings include bedding and all lines of clothing for men, women, and children. the principal activities includes Producing clothes for domestic market; Producing carpets, blankets; Trading on industrial products for domestic market; Sewing clothes (except for clothes made of animal leather and feather); Trading on other kinds of materials, equipments and spare parts for the garment-textile industry; Producing knitted clothes; Wholesaler of fabrics, clothes and shoes; Trading on domestic cigarettes, alcohol and cosmetics; Warehousing and storing services; and Others.
79GF Score

Get the complete analysis for STC:MSH

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

₫34,100.00
Price
₫34,378.97
GF Value