Mitsuba (FRA:NI2) Net Margin %: 2.92% (As of Mar. 2026) — 813% Above Median


FRA:NI2 Mitsuba Corp FRA:NI2
48 GF Score
Price €5.70
GF Value €4.33
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Mitsuba Net Margin %?

Mitsuba FRA:NI2 +2.09% 48 Net Margin % is 2.92% as of Mar. 2026, which is 813% above its 10-year median of 0.32. GuruFocus rates FRA:NI2 with a GF Score™ of 48/100 and a GF Value™ of €4.33 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,326 Vehicles & Parts companies, Mitsuba ranks better than 51.36% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Mitsuba's Net Income for the six months ended in Mar. 2026 was €29 Mil. Mitsuba's Revenue for the six months ended in Mar. 2026 was €988 Mil. Therefore, Mitsuba's net margin for the quarter that ended in Mar. 2026 was 2.92%.

The historical rank and industry rank for Mitsuba's Net Margin % or its related term are showing as below:

FRA:NI2' s Net Margin % Range Over the Past 10 Years
Min: -4.54   Med: 0.32   Max: 3.99
Current: 3.39


FRA:NI2's Net Margin % is ranked better than
51.36% of 1326 companies
in the Vehicles & Parts industry
Industry Median: 3.205 vs FRA:NI2: 3.39

Mitsuba  (FRA:NI2) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Mitsuba Net Margin % Related Terms


Mitsuba Net Margin % Historical Data

* Premium members only.

The historical data trend for Mitsuba's Net 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.

Mitsuba Net Margin % Chart

Mitsuba Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.37 3.99 3.40 3.39

Mitsuba Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net 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 5.18 3.97 2.85 3.90 2.92

FRA:NI2 vs ORLY, AZO: Net Margin % Comparison

For the Auto Parts subindustry, Mitsuba's Net Margin %, along with its competitors' market caps and Net 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.


Mitsuba Net Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mitsuba's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mitsuba's Net Margin % falls into.


FRA:NI2
48GF Score
Mitsuba Corp FRA:NI2
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsuba Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Mitsuba's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=64.432/1900.258
=3.39 %

Mitsuba's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=28.891/988.094
=2.92 %

* 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 Net Margin % →
What does a Net Margin % of 2.92% mean?
Mitsuba (FRA:NI2) has a Net Margin % of 2.92% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Mitsuba and its competitors. This is 813% above median its historical median of 0.32. According to the industry distribution chart, Mitsuba ranks #645 out of 1326 companies in the Vehicles & Parts industry, placing it in the top 48.6%.
Is Mitsuba's Net Margin % too high?
Mitsuba's current Net Margin % of 2.92% is 813% above median its 10-year median of 0.32. The Vehicles & Parts industry median Net Margin % is 3.21. Mitsuba's value of 2.92% is 8.9% below this industry median. Based on the distribution chart, Mitsuba ranks #645 out of 1326 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Mitsuba has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsuba's Net Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Mitsuba ranks #645 out of 1326 companies for Net Margin %. This puts Mitsuba in the upper half of its industry. The industry median Net Margin % is 3.21. Mitsuba's value of 2.92% is 8.9% below this benchmark. While the company's 10-year median is 0.32 vs. the industry median of 3.21, Mitsuba has consistently been below 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 Net Margin % for a Vehicles & Parts company?
The median Net Margin % among Vehicles & Parts companies is 3.21, based on 1,326 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitsuba's current Net Margin % of 2.92% is 8.9% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Mitsuba and its competitors. For the Vehicles & Parts industry, the median Net Margin % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsuba's current Net Margin % is 2.92%, which is 813% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsuba stock overvalued right now?
Based on GuruFocus' analysis, Mitsuba (FRA:NI2) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.33, compared to a current price of €5.70 — trading 31.7% above its estimated fair value. The current Net Margin % is 2.92%, which is 813% above median its 10-year median of 0.32 and 8.9% below the Vehicles & Parts industry median of 3.21. Mitsuba's overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Mitsuba (FRA:NI2), the current Net Margin % is 2.92% 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 Mitsuba (FRA:NI2) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsuba stock appears to be overvalued. The current stock price of €5.70 is trading 31.7% above its estimated GF Value™ of €4.33. GuruFocus considers Mitsuba to be Significantly Overvalued.

Key valuation signals for FRA:NI2:

  • Net Margin %: 2.92% (813% above median its 10-year median of 0.32)
  • GF Value™: €4.33 vs. price of €5.70 (31.7% above fair value)
  • GF Score™: 48/100 with 2 warning signs
  • Industry Position: 8.9% below the Vehicles & Parts median (#645 of 1326)

No single metric tells the full story. See the FRA:NI2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsuba Business Description

Other Exchanges 7280:Japan
Address 1-2681 Hirosawa-cho, Kiryu, Gunma Pref., JPN, 376-8555
Mitsuba Corp is a manufacturer of electrical components for automotive vehicles. The company produces front wipers, power window motors, power slide-door systems, electrical power steering motors, starter motors, and electrical oil pumps for automotive vehicles. Further, Mitsuba supplies electrical motors and components to the motorcycle, electric vehicle, and nursing-care industries. The largest end markets are Asia, with a special focus on Japan, and America.
48GF Score

Get the complete analysis for FRA:NI2

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

€5.70
Price
€4.33
GF Value