MN Holdings BhdXKLS:0245 +7.28%87 Operating Margin % is 18.69% as of Mar. 2026, which is 38% above its 10-year median of 13.58. GuruFocus rates XKLS:0245 with a GF Score™ of 87/100 and a GF Value™ of RM2.13 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,767 Construction companies, MN Holdings Bhd ranks better than 85.96% on this metric.
MN Holdings Bhd (XKLS:0245) 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.
MN Holdings Bhd Operating Margin % Related Terms
MN Holdings Bhd Operating Margin % Historical Data
* Premium members only.
The historical data trend for MN Holdings 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:0245 vs PWR, FIX, EME: Operating Margin % Comparison
For the Engineering & Construction subindustry, MN Holdings 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.
MN Holdings Bhd Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, MN Holdings Bhd's Operating Margin % distribution charts can be found below:
* The bar in red indicates where MN Holdings 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.
MN Holdings Bhd's Operating Margin % for the fiscal year that ended in Jun. 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.
MN Holdings Bhd (XKLS:0245) has a Operating Margin % of 18.69% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on MN Holdings Bhd and its competitors. This is 38% above median its historical median of 13.58. Over the past decade, MN Holdings Bhd's Operating Margin % has ranged from 8.94 to 21.28. According to the industry distribution chart, MN Holdings Bhd ranks #248 out of 1767 companies in the Construction industry, placing it in the top 14%.
Is MN Holdings Bhd's Operating Margin % too high?
MN Holdings Bhd's current Operating Margin % of 18.69% is 38% above median its 10-year median of 13.58. Over the past 10 years, this metric has ranged from a low of 8.94 to a high of 21.28. The Construction industry median Operating Margin % is 5.89. MN Holdings Bhd's value of 18.69% is 217.3% above this industry median. Based on the distribution chart, MN Holdings Bhd ranks #248 out of 1767 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, MN Holdings Bhd has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MN Holdings Bhd's Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, MN Holdings Bhd ranks #248 out of 1767 companies for Operating Margin %. This places MN Holdings Bhd in the top 14% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.89. MN Holdings Bhd's value of 18.69% is 217.3% above this benchmark. Historically, MN Holdings Bhd's own Operating Margin % has ranged from 8.94 to 21.28 over the past decade. While the company's 10-year median is 13.58 vs. the industry median of 5.89, MN Holdings 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 a Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,767 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. MN Holdings Bhd's current Operating Margin % of 18.69% is 217.3% 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 MN Holdings Bhd and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MN Holdings Bhd's current Operating Margin % is 18.69%, which is 38% above median its own 10-year median of 13.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MN Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MN Holdings Bhd (XKLS:0245) is currently considered Significantly Overvalued. The stock's GF Value™ is RM2.13, compared to a current price of RM2.80 — trading 31.5% above its estimated fair value. The current Operating Margin % is 18.69%, which is 38% above median its 10-year median of 13.58 and 217.3% above the Construction industry median of 5.89. MN Holdings Bhd's overall GF Score™ is 87/100 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 MN Holdings Bhd (XKLS:0245), the current Operating Margin % is 18.69% 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 MN Holdings Bhd (XKLS:0245) Overvalued in 2026?
Based on GuruFocus' analysis, MN Holdings Bhd stock appears to be overvalued.
The current stock price of RM2.80 is trading 31.5% above its estimated GF Value™ of RM2.13.
GuruFocus considers MN Holdings Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0245:
Operating Margin %: 18.69% (38% above median its 10-year median of 13.58)
GF Value™: RM2.13 vs. price of RM2.80 (31.5% above fair value)
Industry Position: 217.3% above the Construction median (#248 of 1767)
No single metric tells the full story. See the XKLS:0245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MN Holdings Bhd is a competent solution provider specializing in infrastructure utilities construction, with a primary focus on the power industry in Malaysia. It offers engineering services and solutions, supported by the necessary machinery, labor, and expertise for successful project execution. The Group mainly serves customers in the power, gas, sewerage, and telecommunications sectors within Malaysia. Its operations are organized into main reportable segments, including underground utilities engineering services and solutions; substation engineering services and solutions, including trading and supplying; and investment holding and management services. The majority of revenue is generated from the substation engineering segment.
87GF Score
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