Mullion CoFSE:3494 68 Net Margin % is 6.29% as of Mar. 2026, which is 3% below its 10-year median of 6.47. GuruFocus rates FSE:3494 with a GF Score™ of 68/100 and a GF Value™ of 円431.49 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,755 Real Estate companies, Mullion Co ranks better than 60.51% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Mullion Co's Net Income for the
six
months ended in Mar. 2026 was 円49 Mil. Mullion Co's Revenue for the
six
months ended in Mar. 2026 was 円787 Mil. Therefore, Mullion Co's net margin for the quarter that ended in Mar. 2026 was 6.29%.
The historical rank and industry rank for Mullion Co's Net Margin % or its related term are showing as below:
FSE:3494'
s Net Margin % Range Over the Past 10 Years
Min: -0.78 Med: 6.47 Max: 14.15
Current: 14.15
FSE:3494's Net Margin % is ranked better than 60.51% of 1755
companies
in the Real Estate industry
Industry Median: 8.03
vs FSE:3494: 14.15
Mullion Co (FSE:3494) 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.
Mullion Co Net Margin % Related Terms
Mullion Co Net Margin % Historical Data
* Premium members only.
The historical data trend for Mullion Co'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.
For the Real Estate Services subindustry, Mullion Co'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.
Mullion Co Net Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Mullion Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Mullion Co'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.
Mullion Co (FSE:3494) has a Net Margin % of 6.29% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Mullion Co and its competitors. This is near median its historical median of 6.47. According to the industry distribution chart, Mullion Co ranks #693 out of 1755 companies in the Real Estate industry, placing it in the top 39.5%.
Is Mullion Co's Net Margin % too high?
Mullion Co's current Net Margin % of 6.29% is near median its 10-year median of 6.47. The Real Estate industry median Net Margin % is 8.03. Mullion Co's value of 6.29% is 21.7% below this industry median. Based on the distribution chart, Mullion Co ranks #693 out of 1755 companies in the Real Estate industry, which is above the industry midpoint. Overall, Mullion Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mullion Co's Net Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Mullion Co ranks #693 out of 1755 companies for Net Margin %. This puts Mullion Co in the upper half of its industry. The industry median Net Margin % is 8.03. Mullion Co's value of 6.29% is 21.7% below this benchmark. While the company's 10-year median is 6.47 vs. the industry median of 8.03, Mullion Co 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 Real Estate company?
The median Net Margin % among Real Estate companies is 8.03, based on 1,755 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. Mullion Co's current Net Margin % of 6.29% is 21.7% 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 Mullion Co and its competitors. For the Real Estate industry, the median Net Margin % is 8.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mullion Co's current Net Margin % is 6.29%, which is near median its own 10-year median of 6.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mullion Co stock overvalued right now?
Based on GuruFocus' analysis, Mullion Co (FSE:3494) is currently considered Modestly Undervalued. The stock's GF Value™ is 円431.49, compared to a current price of 円338.00 — trading 21.7% below its estimated fair value. The current Net Margin % is 6.29%, which is near median its 10-year median of 6.47 and 21.7% below the Real Estate industry median of 8.03. Mullion Co's overall GF Score™ is 68/100 with 3 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 Mullion Co (FSE:3494), the current Net Margin % is 6.29% 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 Mullion Co (FSE:3494) Overvalued in 2026?
Based on GuruFocus' analysis, Mullion Co stock appears to be undervalued.
The current stock price of 円338.00 is trading 21.7% below its estimated GF Value™ of 円431.49.
GuruFocus considers Mullion Co to be Modestly Undervalued.
Key valuation signals for FSE:3494:
Net Margin %: 6.29% (near median its 10-year median of 6.47)
GF Value™: 円431.49 vs. price of 円338.00 (21.7% below fair value)
Industry Position: 21.7% below the Real Estate median (#693 of 1755)
No single metric tells the full story. See the FSE:3494 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mullion Co Ltd is a Japanese real estate company. The company is engaged in leasing and managing a real estate rental property, and also engaged in the origination and placement of securitization products derived from real estate rental cash flow.
68GF Score
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