Taiyo Kagaku Co (NGO:2902) Net Margin %: 10.67% (As of Mar. 2026) — 49% Above Median


NGO:2902 Taiyo Kagaku Co Ltd NGO:2902
76 GF Score
Price 円2,796.00
GF Value 円1,866.26
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Taiyo Kagaku Co Net Margin %?

Taiyo Kagaku Co NGO:2902 +0.58% 76 Net Margin % is 10.67% as of Mar. 2026, which is 49% above its 10-year median of 7.16. GuruFocus rates NGO:2902 with a GF Score™ of 76/100 and a GF Value™ of 円1,866.26 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,575 Chemicals companies, Taiyo Kagaku Co ranks better than 76.44% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Taiyo Kagaku Co's Net Income for the six months ended in Mar. 2026 was 円2,824 Mil. Taiyo Kagaku Co's Revenue for the six months ended in Mar. 2026 was 円26,460 Mil. Therefore, Taiyo Kagaku Co's net margin for the quarter that ended in Mar. 2026 was 10.67%.

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

NGO:2902' s Net Margin % Range Over the Past 10 Years
Min: 4.92   Med: 7.16   Max: 9.94
Current: 9.94


NGO:2902's Net Margin % is ranked better than
76.44% of 1575 companies
in the Chemicals industry
Industry Median: 3.92 vs NGO:2902: 9.94

Taiyo Kagaku Co  (NGO:2902) 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.


Taiyo Kagaku Co Net Margin % Related Terms


Taiyo Kagaku Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Taiyo Kagaku 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.

Taiyo Kagaku Co Net Margin % Chart

Taiyo Kagaku 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 9.08 6.65 5.06 9.24 9.94

Taiyo Kagaku Co 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 2.98 9.01 9.47 9.19 10.67

NGO:2902 vs LIN, SHW, ECL: Net Margin % Comparison

For the Specialty Chemicals subindustry, Taiyo Kagaku 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.


Taiyo Kagaku Co Net Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiyo Kagaku Co's Net Margin % distribution charts can be found below:

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


NGO:2902
76GF Score
Taiyo Kagaku Co Ltd NGO:2902
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiyo Kagaku 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.

Taiyo Kagaku 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 )
=5215.896/52484.24
=9.94 %

Taiyo Kagaku 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 )
=2824.085/26460.302
=10.67 %

* 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 10.67% mean?
Taiyo Kagaku Co (NGO:2902) has a Net Margin % of 10.67% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Taiyo Kagaku Co and its competitors. This is 49% above median its historical median of 7.16. Over the past decade, Taiyo Kagaku Co's Net Margin % has ranged from 4.92 to 9.94. According to the industry distribution chart, Taiyo Kagaku Co ranks #371 out of 1575 companies in the Chemicals industry, placing it in the top 23.6%.
Is Taiyo Kagaku Co's Net Margin % too high?
Taiyo Kagaku Co's current Net Margin % of 10.67% is 49% above median its 10-year median of 7.16. Over the past 10 years, this metric has ranged from a low of 4.92 to a high of 9.94. The Chemicals industry median Net Margin % is 3.92. Taiyo Kagaku Co's value of 10.67% is 172.2% above this industry median. Based on the distribution chart, Taiyo Kagaku Co ranks #371 out of 1575 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Taiyo Kagaku Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiyo Kagaku Co's Net Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiyo Kagaku Co ranks #371 out of 1575 companies for Net Margin %. This places Taiyo Kagaku Co in the top 24% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.92. Taiyo Kagaku Co's value of 10.67% is 172.2% above this benchmark. Historically, Taiyo Kagaku Co's own Net Margin % has ranged from 4.92 to 9.94 over the past decade. While the company's 10-year median is 7.16 vs. the industry median of 3.92, Taiyo Kagaku Co 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 Net Margin % for a Chemicals company?
The median Net Margin % among Chemicals companies is 3.92, based on 1,575 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. Taiyo Kagaku Co's current Net Margin % of 10.67% is 172.2% 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 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 Taiyo Kagaku Co and its competitors. For the Chemicals industry, the median Net Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiyo Kagaku Co's current Net Margin % is 10.67%, which is 49% above median its own 10-year median of 7.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiyo Kagaku Co stock overvalued right now?
Based on GuruFocus' analysis, Taiyo Kagaku Co (NGO:2902) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,866.26, compared to a current price of 円2,796.00 — trading 49.8% above its estimated fair value. The current Net Margin % is 10.67%, which is 49% above median its 10-year median of 7.16 and 172.2% above the Chemicals industry median of 3.92. Taiyo Kagaku Co's overall GF Score™ is 76/100 with 1 warning sign 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 Taiyo Kagaku Co (NGO:2902), the current Net Margin % is 10.67% 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 Taiyo Kagaku Co (NGO:2902) Overvalued in 2026?

Based on GuruFocus' analysis, Taiyo Kagaku Co stock appears to be overvalued. The current stock price of 円2,796.00 is trading 49.8% above its estimated GF Value™ of 円1,866.26. GuruFocus considers Taiyo Kagaku Co to be Significantly Overvalued.

Key valuation signals for NGO:2902:

  • Net Margin %: 10.67% (49% above median its 10-year median of 7.16)
  • GF Value™: 円1,866.26 vs. price of 円2,796.00 (49.8% above fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 172.2% above the Chemicals median (#371 of 1575)

No single metric tells the full story. See the NGO:2902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiyo Kagaku Co Business Description

Address No. 800 Yamada-cho, Mie Prefecture, Yokkaichi, JPN, 512-1111
Taiyo Kagaku Co Ltd is based in Japan. The company has three reportable segments: the Nutrition Business, the Interface Solutions Business, and the Natural Ingredients Business. The Nutrition Business manufactures and sells functional food ingredients such as catechin (green tea extract), theanine (a functional amino acid), and water-soluble dietary fiber, as well as mineral and vitamin preparations. The Interface Solutions Business manufactures and sells quality improvers such as emulsifiers. The Natural Ingredients Business manufactures and sells food ingredients such as egg products, protein ingredients, ingredients for instant foods, and processed agricultural products, as well as quality improvers and stabilizers.
76GF Score

Get the complete analysis for NGO:2902

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

円2,796.00
Price
円1,866.26
GF Value