GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sabana Industrial REIT (SGX:M1GU) » Definitions » Operating Margin %

Sabana Industrial REIT (SGX:M1GU) Operating Margin % : 36.22% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Sabana Industrial REIT Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Sabana Industrial REIT's Operating Income for the six months ended in Dec. 2023 was S$20.5 Mil. Sabana Industrial REIT's Revenue for the six months ended in Dec. 2023 was S$56.6 Mil. Therefore, Sabana Industrial REIT's Operating Margin % for the quarter that ended in Dec. 2023 was 36.22%.

Warning Sign:

Sabana Industrial REIT operating margin has been in a 5-year decline. The average rate of decline per year is -6.5%.

The historical rank and industry rank for Sabana Industrial REIT's Operating Margin % or its related term are showing as below:

SGX:M1GU' s Operating Margin % Range Over the Past 10 Years
Min: 39.66   Med: 55.53   Max: 63.43
Current: 39.66


SGX:M1GU's Operating Margin % is ranked worse than
65.02% of 689 companies
in the REITs industry
Industry Median: 52.05 vs SGX:M1GU: 39.66

Sabana Industrial REIT's 5-Year Average Operating Margin % Growth Rate was -6.50% per year.

Sabana Industrial REIT's Operating Income for the six months ended in Dec. 2023 was S$20.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was S$44.4 Mil.


Sabana Industrial REIT Operating Margin % Historical Data

The historical data trend for Sabana Industrial REIT'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.

* Premium members only.

Sabana Industrial REIT Operating Margin % Chart

Sabana Industrial REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.89 50.88 56.48 49.68 39.66

Sabana Industrial REIT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 53.48 53.18 46.55 43.19 36.22

Competitive Comparison of Sabana Industrial REIT's Operating Margin %

For the REIT - Industrial subindustry, Sabana Industrial REIT'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.


Sabana Industrial REIT's Operating Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sabana Industrial REIT's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Sabana Industrial REIT's Operating Margin % falls into.



Sabana Industrial REIT 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.

Sabana Industrial REIT's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=44.372 / 111.875
=39.66 %

Sabana Industrial REIT's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=20.497 / 56.598
=36.22 %

* 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.


Sabana Industrial REIT  (SGX:M1GU) 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.


Sabana Industrial REIT Operating Margin % Related Terms

Thank you for viewing the detailed overview of Sabana Industrial REIT's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sabana Industrial REIT (SGX:M1GU) Business Description

Traded in Other Exchanges
Address
151 Lorong Chuan, No. 02-03 New Tech Park, Singapore, SGP, 556741
Sabana Industrial REIT invests in income-producing real estate used for industrial purposes, as well as real estate-related assets. It has four main industrial property segments: High-tech Industrial, Chemical Warehouse and Logistics, Warehouse and Logistics, and General Industrial. The company generates majority of its revenue comes from the High-tech Industrial segment.

Sabana Industrial REIT (SGX:M1GU) Headlines

No Headlines