Northern Solar Holdings BhdXKLS:0340 +0.75%19 Operating Margin % is 17.35% as of Mar. 2026, which is 1% below its 10-year median of 17.59. GuruFocus rates XKLS:0340 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,021 Semiconductors companies, Northern Solar Holdings Bhd ranks better than 77.38% on this metric.
Northern Solar Holdings Bhd (XKLS:0340) 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.
Northern Solar Holdings Bhd Operating Margin % Related Terms
Northern Solar Holdings Bhd Operating Margin % Historical Data
* 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.
Northern Solar Holdings Bhd Operating Margin % Chart
XKLS:0340 vs FSLR, NXT, ENPH: Operating Margin % Comparison
For the Solar subindustry, Northern Solar 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.
Northern Solar Holdings Bhd Operating Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Northern Solar Holdings Bhd's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Northern Solar Holdings Bhd's Operating Margin % falls into.
Northern Solar Holdings Bhd 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.
Northern Solar Holdings Bhd's Operating Margin % for the fiscal year that ended in Mar. 2026 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.
Northern Solar Holdings Bhd (XKLS:0340) has a Operating Margin % of 17.35% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Northern Solar Holdings Bhd and its competitors. This is near median its historical median of 17.59. Over the past decade, Northern Solar Holdings Bhd's Operating Margin % has ranged from 15.10 to 20.19. According to the industry distribution chart, Northern Solar Holdings Bhd ranks #231 out of 1021 companies in the Semiconductors industry, placing it in the top 22.6%.
Is Northern Solar Holdings Bhd's Operating Margin % too high?
Northern Solar Holdings Bhd's current Operating Margin % of 17.35% is near median its 10-year median of 17.59. Over the past 10 years, this metric has ranged from a low of 15.10 to a high of 20.19. The Semiconductors industry median Operating Margin % is 5.24. Northern Solar Holdings Bhd's value of 17.35% is 231.1% above this industry median. Based on the distribution chart, Northern Solar Holdings Bhd ranks #231 out of 1021 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Northern Solar Holdings Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Northern Solar Holdings Bhd's Operating Margin % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Northern Solar Holdings Bhd ranks #231 out of 1021 companies for Operating Margin %. This places Northern Solar Holdings Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.24. Northern Solar Holdings Bhd's value of 17.35% is 231.1% above this benchmark. Historically, Northern Solar Holdings Bhd's own Operating Margin % has ranged from 15.10 to 20.19 over the past decade. While the company's 10-year median is 17.59 vs. the industry median of 5.24, Northern Solar 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 Semiconductors company?
The median Operating Margin % among Semiconductors companies is 5.24, based on 1,021 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. Northern Solar Holdings Bhd's current Operating Margin % of 17.35% is 231.1% 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 Northern Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median Operating Margin % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Solar Holdings Bhd's current Operating Margin % is 17.35%, which is near median its own 10-year median of 17.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Solar Holdings Bhd stock overvalued right now?
Northern Solar Holdings Bhd (XKLS:0340) has a current Operating Margin % of 17.35%. The current Operating Margin % is 17.35%, which is near median its 10-year median of 17.59 and 231.1% above the Semiconductors industry median of 5.24. Northern Solar Holdings Bhd's overall GF Score™ is 19/100 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 Northern Solar Holdings Bhd (XKLS:0340), the current Operating Margin % is 17.35% 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.
Northern Solar Holdings Bhd Group is principally involved in the EPCC of solar PV systems, Generation of renewable energy, and O&M of solar PV equipment and systems. Its EPCC of solar PV systems involves the provision of engineering design and planning, procurement and supply, construction, installation, testing, and commissioning of solar PV systems for commercial, industrial, and residential buildings. The Group owns, operates, and maintains rooftop solar PV systems that generate and sell electricity to NEM and SELCO consumers in Peninsular Malaysia. Its O&M of solar PV equipment and systems involves providing O&M services for solar PV equipment and systems installed in commercial, industrial, & residential buildings. The majority of revenue is derived from the EPCC of solar PV systems.
19GF Score
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