Tokura Construction Co (NGO:1892) Net Margin %: 2.38% (As of Mar. 2026) — Near Median

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NGO:1892 Tokura Construction Co Ltd NGO:1892
64 GF Score
Price 円8,100.00
GF Value 円4,659.98
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Tokura Construction Co Net Margin %?

Tokura Construction Co NGO:1892 +3.71% 64 Net Margin % is 2.38% as of Mar. 2026, which is 5% below its 10-year median of 2.50. GuruFocus rates NGO:1892 with a GF Score™ of 64/100 and a GF Value™ of 円4,659.98 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,770 Construction companies, Tokura Construction Co ranks worse than 51.58% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Tokura Construction Co's Net Income for the three months ended in Mar. 2026 was 円432 Mil. Tokura Construction Co's Revenue for the three months ended in Mar. 2026 was 円18,177 Mil. Therefore, Tokura Construction Co's net margin for the quarter that ended in Mar. 2026 was 2.38%.

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

NGO:1892' s Net Margin % Range Over the Past 10 Years
Min: 1.01   Med: 2.5   Max: 5.87
Current: 3.71


NGO:1892's Net Margin % is ranked worse than
51.58% of 1770 companies
in the Construction industry
Industry Median: 3.91 vs NGO:1892: 3.71

Tokura Construction Co  (NGO:1892) 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.


Tokura Construction Co Net Margin % Related Terms


Tokura Construction Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Tokura Construction 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.

Tokura Construction Co Net Margin % Chart

Tokura Construction Co 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 2.51 1.01 1.83 1.89 3.32

Tokura Construction Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.51 3.57 5.43 2.38 3.45

NGO:1892 vs PWR, FIX, EME: Net Margin % Comparison

For the Engineering & Construction subindustry, Tokura Construction 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.


Tokura Construction Co Net Margin % vs Construction Industry

For the Construction industry and Industrials sector, Tokura Construction Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tokura Construction Co's Net Margin % falls into.


NGO:1892
64GF Score
Tokura Construction Co Ltd NGO:1892
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokura Construction Co 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.

Tokura Construction Co'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 )
=2265/68177
=3.32 %

Tokura Construction Co'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 )
=432/18177
=2.38 %

* 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 2.38% mean?
Tokura Construction Co (NGO:1892) has a Net Margin % of 2.38% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Tokura Construction Co and its competitors. This is near median its historical median of 2.50. Over the past decade, Tokura Construction Co's Net Margin % has ranged from 1.01 to 5.87. According to the industry distribution chart, Tokura Construction Co ranks #913 out of 1770 companies in the Construction industry, placing it in the top 51.6%.
Is Tokura Construction Co's Net Margin % too high?
Tokura Construction Co's current Net Margin % of 2.38% is near median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 5.87. The Construction industry median Net Margin % is 3.91. Tokura Construction Co's value of 2.38% is 39.1% below this industry median. Based on the distribution chart, Tokura Construction Co ranks #913 out of 1770 companies in the Construction industry, which is below the industry midpoint. Overall, Tokura Construction Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokura Construction Co's Net Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Tokura Construction Co ranks #913 out of 1770 companies for Net Margin %. This places Tokura Construction Co in the lower half of its industry. The industry median Net Margin % is 3.91. Tokura Construction Co's value of 2.38% is 39.1% below this benchmark. Historically, Tokura Construction Co's own Net Margin % has ranged from 1.01 to 5.87 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 3.91, Tokura Construction 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 Construction company?
The median Net Margin % among Construction companies is 3.91, based on 1,770 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. Tokura Construction Co's current Net Margin % of 2.38% is 39.1% 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 Tokura Construction Co and its competitors. For the Construction industry, the median Net Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokura Construction Co's current Net Margin % is 2.38%, which is near median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokura Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Tokura Construction Co (NGO:1892) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,659.98, compared to a current price of 円8,100.00 — trading 73.8% above its estimated fair value. The current Net Margin % is 2.38%, which is near median its 10-year median of 2.50 and 39.1% below the Construction industry median of 3.91. Tokura Construction Co's overall GF Score™ is 64/100 with 8 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 Tokura Construction Co (NGO:1892), the current Net Margin % is 2.38% 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 Tokura Construction Co (NGO:1892) Overvalued in 2026?

Based on GuruFocus' analysis, Tokura Construction Co stock appears to be overvalued. The current stock price of 円8,100.00 is trading 73.8% above its estimated GF Value™ of 円4,659.98. GuruFocus considers Tokura Construction Co to be Significantly Overvalued.

Key valuation signals for NGO:1892:

  • Net Margin %: 2.38% (near median its 10-year median of 2.50)
  • GF Value™: 円4,659.98 vs. price of 円8,100.00 (73.8% above fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 39.1% below the Construction median (#913 of 1770)

No single metric tells the full story. See the NGO:1892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokura Construction Co Business Description

Address 13-5, Nishiki 3-chome, Naka-ku, Nagoya, JPN, 460-8615
Tokura Construction Co Ltd is a Japan-based company engaged in the business of engineering and construction works. Its operations are carried out through the following business divisions: Construction, Civil Engineering, Real Estate, and Others. It generates the majority of its revenue from the Construction segment.
64GF Score

Get the complete analysis for NGO:1892

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

円8,100.00
Price
円4,659.98
GF Value