Mega First Bhd (XKLS:3069) Operating Margin %: 34.58% (As of Mar. 2026) — Near Median


XKLS:3069 Mega First Corp Bhd XKLS:3069
77 GF Score
Price RM2.92
GF Value RM3.19
Valuation Fairly Valued
! 6 Warning Signs
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What is Mega First Bhd Operating Margin %?

Mega First Bhd XKLS:3069 +1.04% 77 Operating Margin % is 34.58% as of Mar. 2026, which is 9% below its 10-year median of 37.96. GuruFocus rates XKLS:3069 with a GF Score™ of 77/100 and a GF Value™ of RM3.19 (Fairly Valued). The stock has 6 warning signs investors should review. Among 498 Utilities - Regulated companies, Mega First Bhd ranks better than 93.17% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Mega First Bhd's Operating Income for the three months ended in Mar. 2026 was RM105 Mil. Mega First Bhd's Revenue for the three months ended in Mar. 2026 was RM305 Mil. Therefore, Mega First Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was 34.58%.

Warning Sign:

Mega First Corp Bhd operating margin has been in a 5-year decline. The average rate of decline per year is -6.4%.

The historical rank and industry rank for Mega First Bhd's Operating Margin % or its related term are showing as below:

XKLS:3069' s Operating Margin % Range Over the Past 10 Years
Min: 23.05   Med: 37.96   Max: 53.66
Current: 39.26


XKLS:3069's Operating Margin % is ranked better than
93.17% of 498 companies
in the Utilities - Regulated industry
Industry Median: 14.945 vs XKLS:3069: 39.26

Mega First Bhd's 5-Year Average Operating Margin % Growth Rate was -6.40% per year.

Mega First Bhd's Operating Income for the three months ended in Mar. 2026 was RM105 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM544 Mil.


Mega First Bhd  (XKLS:3069) 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.


Mega First Bhd Operating Margin % Related Terms


Mega First Bhd Operating Margin % Historical Data

* Premium members only.

The historical data trend for Mega First 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.

Mega First Bhd Operating Margin % Chart

Mega First Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.94 39.63 42.65 37.20 38.72

Mega First Bhd 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 32.56 35.90 40.80 44.79 34.58

XKLS:3069 vs NEE, SO, DUK: Operating Margin % Comparison

For the Utilities - Regulated Electric subindustry, Mega First 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.


Mega First Bhd Operating Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Mega First Bhd's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Mega First Bhd's Operating Margin % falls into.


XKLS:3069
77GF Score
Mega First Corp Bhd XKLS:3069
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mega First 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.

Mega First Bhd'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 )
=549.615 / 1419.626
=38.72 %

Mega First Bhd'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 )
=105.455 / 304.954
=34.58 %

* 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 34.58% mean?
Mega First Bhd (XKLS:3069) has a Operating Margin % of 34.58% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Mega First Bhd and its competitors. This is near median its historical median of 37.96. Over the past decade, Mega First Bhd's Operating Margin % has ranged from 23.05 to 53.66. According to the industry distribution chart, Mega First Bhd ranks #34 out of 498 companies in the Utilities - Regulated industry, placing it in the top 6.8%.
Is Mega First Bhd's Operating Margin % too high?
Mega First Bhd's current Operating Margin % of 34.58% is near median its 10-year median of 37.96. Over the past 10 years, this metric has ranged from a low of 23.05 to a high of 53.66. The Utilities - Regulated industry median Operating Margin % is 14.95. Mega First Bhd's value of 34.58% is 131.4% above this industry median. Based on the distribution chart, Mega First Bhd ranks #34 out of 498 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Mega First Bhd has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mega First Bhd's Operating Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Mega First Bhd ranks #34 out of 498 companies for Operating Margin %. This places Mega First Bhd in the top 7% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 14.95. Mega First Bhd's value of 34.58% is 131.4% above this benchmark. Historically, Mega First Bhd's own Operating Margin % has ranged from 23.05 to 53.66 over the past decade. While the company's 10-year median is 37.96 vs. the industry median of 14.95, Mega First 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 Utilities - Regulated company?
The median Operating Margin % among Utilities - Regulated companies is 14.95, based on 498 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. Mega First Bhd's current Operating Margin % of 34.58% is 131.4% 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 Mega First Bhd and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega First Bhd's current Operating Margin % is 34.58%, which is near median its own 10-year median of 37.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega First Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mega First Bhd (XKLS:3069) is currently considered Fairly Valued. The stock's GF Value™ is RM3.19, compared to a current price of RM2.92 — trading 8.5% below its estimated fair value. The current Operating Margin % is 34.58%, which is near median its 10-year median of 37.96 and 131.4% above the Utilities - Regulated industry median of 14.95. Mega First Bhd's overall GF Score™ is 77/100 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 Mega First Bhd (XKLS:3069), the current Operating Margin % is 34.58% 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 Mega First Bhd (XKLS:3069) Overvalued in 2026?

Based on GuruFocus' analysis, Mega First Bhd stock appears to be undervalued. The current stock price of RM2.92 is trading 8.5% below its estimated GF Value™ of RM3.19. GuruFocus considers Mega First Bhd to be Fairly Valued.

Key valuation signals for XKLS:3069:

  • Operating Margin %: 34.58% (near median its 10-year median of 37.96)
  • GF Value™: RM3.19 vs. price of RM2.92 (8.5% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 131.4% above the Utilities - Regulated median (#34 of 498)

No single metric tells the full story. See the XKLS:3069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mega First Bhd Business Description

Address No. 23 Jalan Barat, A-12-01, Level 12, Block A, PJ8, Seksyen 8, Petaling Jaya, SGR, MYS, 46050
Mega First Corp Bhd is an investment holding company. The group is organized into three main business segments as follows - Renewable Energy, Resources, Packaging, and Investment Renewable Holding and Others. The Renewable Energy segment builds, owns, and operates renewable power plants. The Resources segment is engaged in the quarrying of limestone, manufacturing and trading of lime products, and calcium carbonate powder. The Packaging segment is engaged in the Manufacturing and distribution of flexible packaging materials and products, paper bags, labels and stickers. The majority of its revenue is derived from the Renewable Energy segment. Geographically, the company derives majority of its revenue from the Lao PDR.
77GF Score

Get the complete analysis for XKLS:3069

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

RM2.92
Price
RM3.19
GF Value