CRI Middleware Co (TSE:3698) EBITDA Margin %: 18.80% (As of Mar. 2026) — Near Median


TSE:3698 CRI Middleware Co Ltd TSE:3698
88 GF Score
Price 円1,202.00
GF Value 円1,145.47
Valuation Fairly Valued
! 1 Warning Sign
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What is CRI Middleware Co EBITDA Margin %?

CRI Middleware Co TSE:3698 +1.01% 88 EBITDA Margin % is 18.80% as of Mar. 2026, which is 4% above its 10-year median of 18.15. GuruFocus rates TSE:3698 with a GF Score™ of 88/100 and a GF Value™ of 円1,145.47 (Fairly Valued). The stock has 1 warning sign investors should review. Among 552 Interactive Media companies, CRI Middleware Co ranks better than 66.12% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. CRI Middleware Co's EBITDA for the six months ended in Mar. 2026 was 円348 Mil. CRI Middleware Co's Revenue for the six months ended in Mar. 2026 was 円1,849 Mil. Therefore, CRI Middleware Co's EBITDA margin for the quarter that ended in Mar. 2026 was 18.80%.


CRI Middleware Co  (TSE:3698) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


CRI Middleware Co EBITDA Margin % Related Terms


CRI Middleware Co EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for CRI Middleware Co's EBITDA 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.

CRI Middleware Co EBITDA Margin % Chart

CRI Middleware Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.28 8.30 15.76 16.48 19.81

CRI Middleware Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBITDA 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 16.62 16.36 24.42 14.44 18.80

TSE:3698 vs NTES, EA, TTWO: EBITDA Margin % Comparison

For the Electronic Gaming & Multimedia subindustry, CRI Middleware Co's EBITDA Margin %, along with its competitors' market caps and EBITDA 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.


CRI Middleware Co EBITDA Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, CRI Middleware Co's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where CRI Middleware Co's EBITDA Margin % falls into.


TSE:3698
88GF Score
CRI Middleware Co Ltd TSE:3698
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CRI Middleware Co EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

CRI Middleware Co's EBITDA Margin % for the fiscal year that ended in Sep. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=683.21/3448.587
=19.81 %

CRI Middleware Co's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=347.64/1849.047
=18.80 %

* 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 EBITDA Margin % →
What does a EBITDA Margin % of 18.80% mean?
CRI Middleware Co (TSE:3698) has a EBITDA Margin % of 18.80% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on CRI Middleware Co and its competitors. This is near median its historical median of 18.15. Over the past decade, CRI Middleware Co's EBITDA Margin % has ranged from 8.30 to 27.02. According to the industry distribution chart, CRI Middleware Co ranks #187 out of 552 companies in the Interactive Media industry, placing it in the top 33.9%.
Is CRI Middleware Co's EBITDA Margin % too high?
CRI Middleware Co's current EBITDA Margin % of 18.80% is near median its 10-year median of 18.15. Over the past 10 years, this metric has ranged from a low of 8.30 to a high of 27.02. The Interactive Media industry median EBITDA Margin % is 8.19. CRI Middleware Co's value of 18.80% is 129.5% above this industry median. Based on the distribution chart, CRI Middleware Co ranks #187 out of 552 companies in the Interactive Media industry, which is above the industry midpoint. Overall, CRI Middleware Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CRI Middleware Co's EBITDA Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, CRI Middleware Co ranks #187 out of 552 companies for EBITDA Margin %. This puts CRI Middleware Co in the upper half of its industry. The industry median EBITDA Margin % is 8.19. CRI Middleware Co's value of 18.80% is 129.5% above this benchmark. Historically, CRI Middleware Co's own EBITDA Margin % has ranged from 8.30 to 27.02 over the past decade. While the company's 10-year median is 18.15 vs. the industry median of 8.19, CRI Middleware Co 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 EBITDA Margin % for an Interactive Media company?
The median EBITDA Margin % among Interactive Media companies is 8.19, based on 552 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CRI Middleware Co's current EBITDA Margin % of 18.80% is 129.5% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on CRI Middleware Co and its competitors. For the Interactive Media industry, the median EBITDA Margin % is 8.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CRI Middleware Co's current EBITDA Margin % is 18.80%, which is near median its own 10-year median of 18.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRI Middleware Co stock overvalued right now?
Based on GuruFocus' analysis, CRI Middleware Co (TSE:3698) is currently considered Fairly Valued. The stock's GF Value™ is 円1,145.47, compared to a current price of 円1,202.00 — trading 4.9% above its estimated fair value. The current EBITDA Margin % is 18.80%, which is near median its 10-year median of 18.15 and 129.5% above the Interactive Media industry median of 8.19. CRI Middleware Co's overall GF Score™ is 88/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For CRI Middleware Co (TSE:3698), the current EBITDA Margin % is 18.80% 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 CRI Middleware Co (TSE:3698) Overvalued in 2026?

Based on GuruFocus' analysis, CRI Middleware Co stock appears to be overvalued. The current stock price of 円1,202.00 is trading 4.9% above its estimated GF Value™ of 円1,145.47. GuruFocus considers CRI Middleware Co to be Fairly Valued.

Key valuation signals for TSE:3698:

  • EBITDA Margin %: 18.80% (near median its 10-year median of 18.15)
  • GF Value™: 円1,145.47 vs. price of 円1,202.00 (4.9% above fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 129.5% above the Interactive Media median (#187 of 552)

No single metric tells the full story. See the TSE:3698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CRI Middleware Co Business Description

Address 20-1 Sakuragaoka-cho, 11th Floor, Shibuya Info Tower, Shibuya-ku, Tokyo, JPN, 150-0031
CRI Middleware Co Ltd is a provider of audio and video solutions for the gaming industry. It is engaged in the research and development of voice, video and file systems. Further, it also provides sales and support of middleware products. Geographically, the activities are carried out through the region of Japan.
88GF Score

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

円1,202.00
Price
円1,145.47
GF Value