System D (TSE:3804) EBITDA Margin %: 27.80% (As of Apr. 2026) — Near Median


TSE:3804 System D Inc TSE:3804
81 GF Score
Price 円419.00
GF Value 円549.80
Valuation Modestly Undervalued
! 3 Warning Signs
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What is System D EBITDA Margin %?

System D TSE:3804 +2.20% 81 EBITDA Margin % is 27.80% as of Apr. 2026, which is 2% below its 10-year median of 28.34. GuruFocus rates TSE:3804 with a GF Score™ of 81/100 and a GF Value™ of 円549.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,817 Software companies, System D ranks better than 83.67% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. System D's EBITDA for the six months ended in Apr. 2026 was 円842 Mil. System D's Revenue for the six months ended in Apr. 2026 was 円3,028 Mil. Therefore, System D's EBITDA margin for the quarter that ended in Apr. 2026 was 27.80%.


System D  (TSE:3804) 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.


System D EBITDA Margin % Related Terms


System D EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for System D'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.

System D EBITDA Margin % Chart

System D Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.18 31.42 29.17 29.00 28.33

System D Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 31.15 26.73 33.51 21.83 27.80

TSE:3804 vs CRM, SHOP, UBER: EBITDA Margin % Comparison

For the Software - Application subindustry, System D'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.


System D EBITDA Margin % vs Software Industry

For the Software industry and Technology sector, System D's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where System D's EBITDA Margin % falls into.


TSE:3804
81GF Score
System D Inc TSE:3804
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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System D EBITDA Margin % Calculation

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

System D's EBITDA Margin % for the fiscal year that ended in Oct. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Oct. 2025 )/Revenue (A: Oct. 2025 )
=1425.504/5032.292
=28.33 %

System D's EBITDA Margin % for the quarter that ended in Apr. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=841.86/3027.87
=27.80 %

* 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 27.80% mean?
System D (TSE:3804) has a EBITDA Margin % of 27.80% as of Apr. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on System D and its competitors. This is near median its historical median of 28.34. Over the past decade, System D's EBITDA Margin % has ranged from 17.93 to 31.42. According to the industry distribution chart, System D ranks #460 out of 2817 companies in the Software industry, placing it in the top 16.3%.
Is System D's EBITDA Margin % too high?
System D's current EBITDA Margin % of 27.80% is near median its 10-year median of 28.34. Over the past 10 years, this metric has ranged from a low of 17.93 to a high of 31.42. The Software industry median EBITDA Margin % is 7.99. System D's value of 27.80% is 247.9% above this industry median. Based on the distribution chart, System D ranks #460 out of 2817 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, System D has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does System D's EBITDA Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, System D ranks #460 out of 2817 companies for EBITDA Margin %. This places System D in the top 16% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 7.99. System D's value of 27.80% is 247.9% above this benchmark. Historically, System D's own EBITDA Margin % has ranged from 17.93 to 31.42 over the past decade. While the company's 10-year median is 28.34 vs. the industry median of 7.99, System D 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 a Software company?
The median EBITDA Margin % among Software companies is 7.99, based on 2,817 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. System D's current EBITDA Margin % of 27.80% is 247.9% 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 System D and its competitors. For the Software industry, the median EBITDA Margin % is 7.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. System D's current EBITDA Margin % is 27.80%, which is near median its own 10-year median of 28.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is System D stock overvalued right now?
Based on GuruFocus' analysis, System D (TSE:3804) is currently considered Modestly Undervalued. The stock's GF Value™ is 円549.80, compared to a current price of 円419.00 — trading 23.8% below its estimated fair value. The current EBITDA Margin % is 27.80%, which is near median its 10-year median of 28.34 and 247.9% above the Software industry median of 7.99. System D's overall GF Score™ is 81/100 with 3 warning signs 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 System D (TSE:3804), the current EBITDA Margin % is 27.80% as of Apr. 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 System D (TSE:3804) Overvalued in 2026?

Based on GuruFocus' analysis, System D stock appears to be undervalued. The current stock price of 円419.00 is trading 23.8% below its estimated GF Value™ of 円549.80. GuruFocus considers System D to be Modestly Undervalued.

Key valuation signals for TSE:3804:

  • EBITDA Margin %: 27.80% (near median its 10-year median of 28.34)
  • GF Value™: 円549.80 vs. price of 円419.00 (23.8% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 247.9% above the Software median (#460 of 2817)

No single metric tells the full story. See the TSE:3804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


System D Business Description

Address 603 Karasuma-dori Sanjo Agarubanocho, Nakagyo Ward, Kyoto, JPN, 604-8172
System D Inc creates industry-specialized package software. The software development serves the schools, fitness clubs, distributors and other institutions. Its products and services include: Campus Plan, School Engine, PPP, Public Property Management System, Common Financial Accounting System, Smart Hello/Hello EX, Smart Hello Ticket/Hello Fun, Regulations Management System, and Contract creation and management system.
81GF Score

Get the complete analysis for TSE:3804

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

円419.00
Price
円549.80
GF Value