Ningbo Joyson ElectronicFRA:VM2 -0.68%57 Net Margin % is 2.91% as of Mar. 2026, which is 80% above its 10-year median of 1.62. GuruFocus rates FRA:VM2 with a GF Score™ of 57/100 and a GF Value™ of €1.21 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,326 Vehicles & Parts companies, Ningbo Joyson Electronic ranks worse than 57.39% on this metric.
The historical rank and industry rank for Ningbo Joyson Electronic's Net Margin % or its related term are showing as below:
FRA:VM2'
s Net Margin % Range Over the Past 10 Years
Min: -8.22 Med: 1.62 Max: 2.45
Current: 2.31
FRA:VM2's Net Margin % is ranked worse than 57.39% of 1326
companies
in the Vehicles & Parts industry
Industry Median: 3.205
vs FRA:VM2: 2.31
Ningbo Joyson Electronic (FRA:VM2) 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.
Ningbo Joyson Electronic Net Margin % Related Terms
Ningbo Joyson Electronic Net Margin % Historical Data
* 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.
For the Auto Parts subindustry, Ningbo Joyson Electronic'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.
Ningbo Joyson Electronic Net Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Joyson Electronic's Net Margin % distribution charts can be found below:
* The bar in red indicates where Ningbo Joyson Electronic's Net Margin % falls into.
* 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.
Ningbo Joyson Electronic (FRA:VM2) has a Net Margin % of 2.91% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Ningbo Joyson Electronic and its competitors. This is 80% above median its historical median of 1.62. According to the industry distribution chart, Ningbo Joyson Electronic ranks #761 out of 1326 companies in the Vehicles & Parts industry, placing it in the top 57.4%.
Is Ningbo Joyson Electronic's Net Margin % too high?
Ningbo Joyson Electronic's current Net Margin % of 2.91% is 80% above median its 10-year median of 1.62. The Vehicles & Parts industry median Net Margin % is 3.21. Ningbo Joyson Electronic's value of 2.91% is 9.2% below this industry median. Based on the distribution chart, Ningbo Joyson Electronic ranks #761 out of 1326 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Ningbo Joyson Electronic has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Joyson Electronic's Net Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ningbo Joyson Electronic ranks #761 out of 1326 companies for Net Margin %. This places Ningbo Joyson Electronic in the lower half of its industry. The industry median Net Margin % is 3.21. Ningbo Joyson Electronic's value of 2.91% is 9.2% below this benchmark. While the company's 10-year median is 1.62 vs. the industry median of 3.21, Ningbo Joyson Electronic 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. Ningbo Joyson Electronic's current Net Margin % of 2.91% is 9.2% 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 Ningbo Joyson Electronic 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. Ningbo Joyson Electronic's current Net Margin % is 2.91%, which is 80% above median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Joyson Electronic stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Joyson Electronic (FRA:VM2) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.21, compared to a current price of €1.46 — trading 20.7% above its estimated fair value. The current Net Margin % is 2.91%, which is 80% above median its 10-year median of 1.62 and 9.2% below the Vehicles & Parts industry median of 3.21. Ningbo Joyson Electronic's overall GF Score™ is 57/100 with 4 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 Ningbo Joyson Electronic (FRA:VM2), the current Net Margin % is 2.91% 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 Ningbo Joyson Electronic (FRA:VM2) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Joyson Electronic stock appears to be overvalued.
The current stock price of €1.46 is trading 20.7% above its estimated GF Value™ of €1.21.
GuruFocus considers Ningbo Joyson Electronic to be Modestly Overvalued.
Key valuation signals for FRA:VM2:
Net Margin %: 2.91% (80% above median its 10-year median of 1.62)
GF Value™: €1.21 vs. price of €1.46 (20.7% above fair value)
Industry Position: 9.2% below the Vehicles & Parts median (#761 of 1326)
No single metric tells the full story. See the FRA:VM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Joyson Electronic Corp is a key supplier of automotive electronics and automotive safety. It is mainly engaged in the research and development and manufacturing of smart cockpits, smart networking, smart driving, new energy management and automotive safety. It currently has two business divisions, automotive safety and automotive electronics. The automotive electronics segment principally includes intelligent vehicle solutions, covering areas such as cockpit domain controllers, intelligent automotive connectivity, and intelligent driving, as well as human-machine interface products and new energy control systems. The automotive safety segment principally encompasses products such as seat belts, airbags, intelligent steering wheels, and integrated safety solutions.
57GF Score
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