JcbNext BhdXKLS:0058 +1.14%80 Operating Margin % is 46.39% as of Mar. 2026, which is 7% above its 10-year median of 43.19. GuruFocus rates XKLS:0058 with a GF Score™ of 80/100 and a GF Value™ of RM2.67 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 654 Asset Management companies, JcbNext Bhd ranks better than 79.05% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. JcbNext Bhd's Operating Income for the
three
months ended in Mar. 2026 was RM0.96 Mil. JcbNext Bhd's Revenue for the
three
months ended in Mar. 2026 was RM2.06 Mil. Therefore, JcbNext Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was 46.39%.
Good Sign:
JcbNext Bhd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for JcbNext Bhd's Operating Margin % or its related term are showing as below:
XKLS:0058'
s Operating Margin % Range Over the Past 10 Years
Min: 3.55 Med: 43.19 Max: 78.37
Current: 78.37
XKLS:0058's Operating Margin % is ranked better than 79.05% of 654
companies
in the Asset Management industry
Industry Median: 17.18
vs XKLS:0058: 78.37
JcbNext Bhd's 5-Year Average Operating Margin % Growth Rate was 59.30% per year.
JcbNext Bhd's Operating Income for the
three
months ended in Mar. 2026 was RM0.96 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM15.91 Mil.
JcbNext Bhd (XKLS:0058) 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.
JcbNext Bhd Operating Margin % Related Terms
JcbNext Bhd Operating Margin % Historical Data
* Premium members only.
The historical data trend for JcbNext Bhd'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.
XKLS:0058 vs BLK, BX, KKR: Operating Margin % Comparison
For the Asset Management subindustry, JcbNext Bhd'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.
JcbNext Bhd Operating Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, JcbNext Bhd's Operating Margin % distribution charts can be found below:
* The bar in red indicates where JcbNext Bhd'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.
JcbNext Bhd'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.
JcbNext Bhd (XKLS:0058) has a Operating Margin % of 46.39% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on JcbNext Bhd and its competitors. This is near median its historical median of 43.19. Over the past decade, JcbNext Bhd's Operating Margin % has ranged from 3.55 to 78.37. According to the industry distribution chart, JcbNext Bhd ranks #137 out of 654 companies in the Asset Management industry, placing it in the top 20.9%.
Is JcbNext Bhd's Operating Margin % too high?
JcbNext Bhd's current Operating Margin % of 46.39% is near median its 10-year median of 43.19. Over the past 10 years, this metric has ranged from a low of 3.55 to a high of 78.37. The Asset Management industry median Operating Margin % is 17.18. JcbNext Bhd's value of 46.39% is 170% above this industry median. Based on the distribution chart, JcbNext Bhd ranks #137 out of 654 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, JcbNext Bhd has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JcbNext Bhd's Operating Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, JcbNext Bhd ranks #137 out of 654 companies for Operating Margin %. This places JcbNext Bhd in the top 21% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 17.18. JcbNext Bhd's value of 46.39% is 170% above this benchmark. Historically, JcbNext Bhd's own Operating Margin % has ranged from 3.55 to 78.37 over the past decade. While the company's 10-year median is 43.19 vs. the industry median of 17.18, JcbNext Bhd 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 Asset Management company?
The median Operating Margin % among Asset Management companies is 17.18, based on 654 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. JcbNext Bhd's current Operating Margin % of 46.39% is 170% 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 JcbNext Bhd and its competitors. For the Asset Management industry, the median Operating Margin % is 17.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JcbNext Bhd's current Operating Margin % is 46.39%, which is near median its own 10-year median of 43.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JcbNext Bhd stock overvalued right now?
Based on GuruFocus' analysis, JcbNext Bhd (XKLS:0058) is currently considered Possible Value Trap. The stock's GF Value™ is RM2.67, compared to a current price of RM1.78 — trading 33.3% below its estimated fair value. The current Operating Margin % is 46.39%, which is near median its 10-year median of 43.19 and 170% above the Asset Management industry median of 17.18. JcbNext Bhd's overall GF Score™ is 80/100 with 5 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 JcbNext Bhd (XKLS:0058), the current Operating Margin % is 46.39% 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 JcbNext Bhd (XKLS:0058) Overvalued in 2026?
Based on GuruFocus' analysis, JcbNext Bhd stock appears to be undervalued.
The current stock price of RM1.78 is trading 33.3% below its estimated GF Value™ of RM2.67.
GuruFocus considers JcbNext Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0058:
Operating Margin %: 46.39% (near median its 10-year median of 43.19)
GF Value™: RM2.67 vs. price of RM1.78 (33.3% below fair value)
Industry Position: 170% above the Asset Management median (#137 of 654)
No single metric tells the full story. See the XKLS:0058 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JcbNext Bhd is an investment holding company. The company's operating segment includes Investment Holding and Others. Its Investment holding segment includes equity investments, property investments, treasury investments, investment in associates, and property leasing. The other segment includes online advertising and contract staffing. It generates maximum revenue from the Investment holding segment.
80GF Score
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