FSBM Holdings Bhd (XKLS:9377) Operating Margin %: 11.24% (As of Mar. 2026)


XKLS:9377 FSBM Holdings Bhd XKLS:9377
32 GF Score
Price RM0.22
GF Value RM0.28
Valuation Modestly Undervalued
! 4 Warning Signs
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What is FSBM Holdings Bhd Operating Margin %?

FSBM Holdings Bhd XKLS:9377 32 Operating Margin % is 11.24% as of Mar. 2026. GuruFocus rates XKLS:9377 with a GF Score™ of 32/100 and a GF Value™ of RM0.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,472 Hardware companies, FSBM Holdings Bhd ranks worse than 93.45% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. FSBM Holdings Bhd's Operating Income for the three months ended in Mar. 2026 was RM1.07 Mil. FSBM Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM9.51 Mil. Therefore, FSBM Holdings Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was 11.24%.

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

XKLS:9377' s Operating Margin % Range Over the Past 10 Years
Min: -191.27   Med: -31.16   Max: 38.72
Current: -55.89


XKLS:9377's Operating Margin % is ranked worse than
93.45% of 2472 companies
in the Hardware industry
Industry Median: 3.81 vs XKLS:9377: -55.89

FSBM Holdings Bhd's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

FSBM Holdings Bhd's Operating Income for the three months ended in Mar. 2026 was RM1.07 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM-11.12 Mil.


FSBM Holdings Bhd  (XKLS:9377) 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.


FSBM Holdings Bhd Operating Margin % Related Terms


FSBM Holdings Bhd Operating Margin % Historical Data

* Premium members only.

The historical data trend for FSBM 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.

FSBM Holdings Bhd Operating Margin % Chart

FSBM Holdings Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.85 38.72 17.06 6.18 -103.73

FSBM Holdings 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 -41.68 -21.18 -81.72 -216.19 11.24

XKLS:9377 vs SNX, ARW, AVT: Operating Margin % Comparison

For the Electronics & Computer Distribution subindustry, FSBM 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.


FSBM Holdings Bhd Operating Margin % vs Hardware Industry

For the Hardware industry and Technology sector, FSBM Holdings Bhd's Operating Margin % distribution charts can be found below:

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


XKLS:9377
32GF Score
FSBM Holdings Bhd XKLS:9377
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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FSBM 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.

FSBM Holdings 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 )
=-12.611 / 12.158
=-103.73 %

FSBM Holdings 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 )
=1.069 / 9.51
=11.24 %

* 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 11.24% mean?
FSBM Holdings Bhd (XKLS:9377) has a Operating Margin % of 11.24% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on FSBM Holdings Bhd and its competitors. According to the industry distribution chart, FSBM Holdings Bhd ranks #2310 out of 2472 companies in the Hardware industry, placing it in the top 93.4%.
Is FSBM Holdings Bhd's Operating Margin % too high?
FSBM Holdings Bhd's current Operating Margin % is 11.24%. The Hardware industry median Operating Margin % is 3.81. FSBM Holdings Bhd's value of 11.24% is 195% above this industry median. Based on the distribution chart, FSBM Holdings Bhd ranks #2310 out of 2472 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, FSBM Holdings Bhd has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FSBM Holdings Bhd's Operating Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, FSBM Holdings Bhd ranks #2310 out of 2472 companies for Operating Margin %. This places FSBM Holdings Bhd in the lower half of its industry. The industry median Operating Margin % is 3.81. FSBM Holdings Bhd's value of 11.24% is 195% above this benchmark. 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.81, based on 2,472 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. FSBM Holdings Bhd's current Operating Margin % of 11.24% is 195% 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 FSBM Holdings Bhd and its competitors. For the Hardware industry, the median Operating Margin % is 3.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FSBM Holdings Bhd's current Operating Margin % is 11.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSBM Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, FSBM Holdings Bhd (XKLS:9377) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.22 — trading 21.4% below its estimated fair value. The current Operating Margin % is 11.24% and 195% above the Hardware industry median of 3.81. FSBM Holdings Bhd's overall GF Score™ is 32/100 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 FSBM Holdings Bhd (XKLS:9377), the current Operating Margin % is 11.24% 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 FSBM Holdings Bhd (XKLS:9377) Overvalued in 2026?

Based on GuruFocus' analysis, FSBM Holdings Bhd stock appears to be undervalued. The current stock price of RM0.22 is trading 21.4% below its estimated GF Value™ of RM0.28. GuruFocus considers FSBM Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:9377:

  • Operating Margin %: 11.24%
  • GF Value™: RM0.28 vs. price of RM0.22 (21.4% below fair value)
  • GF Score™: 32/100 with 4 warning signs
  • Industry Position: 195% above the Hardware median (#2310 of 2472)

No single metric tells the full story. See the XKLS:9377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FSBM Holdings Bhd Business Description

Address 8, Jalan PJU 7/6, PJU 7, L3-02, KYM Tower, Mutiara Damansara, Kuala Lumpur, SGR, MYS, 47800
FSBM Holdings Bhd is an investment holding company that distributes computers, computer-related products, education-related products, and the provision of related services. The company's reportable segments: The platform design and development include the development of web-based and mobile platforms for customers. The Refurbishment services include refurbishment of pre-owned IT hardware. The lease services include the leasing of IT hardware. The technical support and maintenance services include after-sales service following the completion of the platform design and development projects. Smart manufacturing solutions provides manpower services in respect of system integration, commissioning and setup services, and Managed security service offers network security solutions and others.
32GF Score

Get the complete analysis for XKLS:9377

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

RM0.22
Price
RM0.28
GF Value