ShaMaran PetroleumTSXV:SNM 29 Operating Margin % is 54.64% as of Mar. 2026, which is 73% above its 10-year median of 31.61. GuruFocus rates TSXV:SNM with a GF Score™ of 29/100 and a GF Value™ of C$0.20 (Fairly Valued). The stock has 6 warning signs investors should review. Among 916 Oil & Gas companies, ShaMaran Petroleum ranks better than 91.92% on this metric.
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.
ShaMaran Petroleum Operating Margin % Related Terms
ShaMaran Petroleum Operating Margin % Historical Data
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The historical data trend for ShaMaran Petroleum'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.
TSXV:SNM vs GTE, PNRG, INR: Operating Margin % Comparison
For the Oil & Gas E&P subindustry, ShaMaran Petroleum'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.
ShaMaran Petroleum Operating Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ShaMaran Petroleum's Operating Margin % distribution charts can be found below:
* The bar in red indicates where ShaMaran Petroleum'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.
ShaMaran Petroleum'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.
ShaMaran Petroleum (TSXV:SNM) has a Operating Margin % of 54.64% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on ShaMaran Petroleum and its competitors. This is 73% above median its historical median of 31.61. According to the industry distribution chart, ShaMaran Petroleum ranks #74 out of 916 companies in the Oil & Gas industry, placing it in the top 8.1%.
Is ShaMaran Petroleum's Operating Margin % too high?
ShaMaran Petroleum's current Operating Margin % of 54.64% is 73% above median its 10-year median of 31.61. The Oil & Gas industry median Operating Margin % is 6.86. ShaMaran Petroleum's value of 54.64% is 696.5% above this industry median. Based on the distribution chart, ShaMaran Petroleum ranks #74 out of 916 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, ShaMaran Petroleum has a GF Score™ of 29/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ShaMaran Petroleum's Operating Margin % compare to GTE and PNRG?
According to the Oil & Gas industry distribution chart, ShaMaran Petroleum ranks #74 out of 916 companies for Operating Margin %. This places ShaMaran Petroleum in the top 8% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.86. ShaMaran Petroleum's value of 54.64% is 696.5% above this benchmark. While the company's 10-year median is 31.61 vs. the industry median of 6.86, ShaMaran Petroleum 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 an Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.86, based on 916 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. ShaMaran Petroleum's current Operating Margin % of 54.64% is 696.5% 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 ShaMaran Petroleum and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ShaMaran Petroleum's current Operating Margin % is 54.64%, which is 73% above median its own 10-year median of 31.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ShaMaran Petroleum stock overvalued right now?
Based on GuruFocus' analysis, ShaMaran Petroleum (TSXV:SNM) is currently considered Fairly Valued. The stock's GF Value™ is C$0.20, compared to a current price of C$0.20 — trading right at its estimated fair value. The current Operating Margin % is 54.64%, which is 73% above median its 10-year median of 31.61 and 696.5% above the Oil & Gas industry median of 6.86. ShaMaran Petroleum's overall GF Score™ is 29/100 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 ShaMaran Petroleum (TSXV:SNM), the current Operating Margin % is 54.64% 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 ShaMaran Petroleum (TSXV:SNM) Overvalued in 2026?
Based on GuruFocus' analysis, ShaMaran Petroleum stock appears to be undervalued.
The current stock price of C$0.20 is trading 0% below its estimated GF Value™ of C$0.20.
GuruFocus considers ShaMaran Petroleum to be Fairly Valued.
Key valuation signals for TSXV:SNM:
Operating Margin %: 54.64% (73% above median its 10-year median of 31.61)
GF Value™: C$0.20 vs. price of C$0.20 (0% below fair value)
Industry Position: 696.5% above the Oil & Gas median (#74 of 916)
No single metric tells the full story. See the TSXV:SNM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ShaMaran Petroleum Corp is an oil development and exploration company. It is engaged in the business of extraction and producing oil and gas. Along with its subsidiary, the company has an interest in the Atrush block, Kurdistan Region of Iraq. In addition, the group holds a participating interest in the Sarsang block of the Kurdistan region.
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