West Japan Railway Co (NGO:9021) Net Margin %: 1.28% (As of Mar. 2026) — 80% Below Median


NGO:9021 West Japan Railway Co NGO:9021
63 GF Score
Price 円2,501.00
GF Value 円3,301.22
! 3 Warning Signs
View Full Analysis

What is West Japan Railway Co Net Margin %?

West Japan Railway Co NGO:9021 63 Net Margin % is 1.28% as of Mar. 2026, which is 80% below its 10-year median of 6.34. GuruFocus rates NGO:9021 with a GF Score™ of 63/100 and a GF Value™ of 円3,301.22. The stock has 3 warning signs investors should review. Among 1,000 Transportation companies, West Japan Railway Co ranks better than 59.1% on this metric.

Net margin is calculated as Net Income divided by its Revenue. West Japan Railway Co's Net Income for the three months ended in Mar. 2026 was 円6,496 Mil. West Japan Railway Co's Revenue for the three months ended in Mar. 2026 was 円506,370 Mil. Therefore, West Japan Railway Co's net margin for the quarter that ended in Mar. 2026 was 1.28%.

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

NGO:9021' s Net Margin % Range Over the Past 10 Years
Min: -25.34   Med: 6.34   Max: 7.36
Current: 6.91


NGO:9021's Net Margin % is ranked better than
59.1% of 1000 companies
in the Transportation industry
Industry Median: 4.99 vs NGO:9021: 6.91

West Japan Railway Co  (NGO:9021) 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.


West Japan Railway Co Net Margin % Related Terms


West Japan Railway Co Net Margin % Historical Data

* Premium members only.

The historical data trend for West Japan Railway 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.

West Japan Railway Co Net Margin % Chart

West Japan Railway 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 -10.98 6.34 6.04 6.67 6.91

West Japan Railway Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 -0.15 11.44 8.52 7.33 1.28

NGO:9021 vs UNP, CSX, NSC: Net Margin % Comparison

For the Railroads subindustry, West Japan Railway 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.


West Japan Railway Co Net Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, West Japan Railway Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where West Japan Railway Co's Net Margin % falls into.


NGO:9021
63GF Score
West Japan Railway Co NGO:9021
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

West Japan Railway 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.

West Japan Railway 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 )
=127499/1845840
=6.91 %

West Japan Railway 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 )
=6496/506370
=1.28 %

* 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 1.28% mean?
West Japan Railway Co (NGO:9021) has a Net Margin % of 1.28% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on West Japan Railway Co and its competitors. This is 80% below median its historical median of 6.34. According to the industry distribution chart, West Japan Railway Co ranks #409 out of 1000 companies in the Transportation industry, placing it in the top 40.9%.
Is West Japan Railway Co's Net Margin % too high?
West Japan Railway Co's current Net Margin % of 1.28% is 80% below median its 10-year median of 6.34. The Transportation industry median Net Margin % is 4.99. West Japan Railway Co's value of 1.28% is 74.3% below this industry median. Based on the distribution chart, West Japan Railway Co ranks #409 out of 1000 companies in the Transportation industry, which is above the industry midpoint. Overall, West Japan Railway Co has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does West Japan Railway Co's Net Margin % compare to UNP and CSX?
According to the Transportation industry distribution chart, West Japan Railway Co ranks #409 out of 1000 companies for Net Margin %. This puts West Japan Railway Co in the upper half of its industry. The industry median Net Margin % is 4.99. West Japan Railway Co's value of 1.28% is 74.3% below this benchmark. While the company's 10-year median is 6.34 vs. the industry median of 4.99, West Japan Railway 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 Transportation company?
The median Net Margin % among Transportation companies is 4.99, based on 1,000 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. West Japan Railway Co's current Net Margin % of 1.28% is 74.3% 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 West Japan Railway Co and its competitors. For the Transportation industry, the median Net Margin % is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Japan Railway Co's current Net Margin % is 1.28%, which is 80% below median its own 10-year median of 6.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Japan Railway Co stock overvalued right now?
West Japan Railway Co (NGO:9021) has a current Net Margin % of 1.28%. The stock's GF Value™ is 円3,301.22, compared to a current price of 円2,501.00 — trading 24.2% below its estimated fair value. The current Net Margin % is 1.28%, which is 80% below median its 10-year median of 6.34 and 74.3% below the Transportation industry median of 4.99. West Japan Railway Co's overall GF Score™ is 63/100 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 West Japan Railway Co (NGO:9021), the current Net Margin % is 1.28% 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 West Japan Railway Co (NGO:9021) Overvalued in 2026?

Based on GuruFocus' analysis, West Japan Railway Co stock appears to be undervalued. The current stock price of 円2,501.00 is trading 24.2% below its estimated GF Value™ of 円3,301.22.

Key valuation signals for NGO:9021:

  • Net Margin %: 1.28% (80% below median its 10-year median of 6.34)
  • GF Value™: 円3,301.22 vs. price of 円2,501.00 (24.2% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 74.3% below the Transportation median (#409 of 1000)

No single metric tells the full story. See the NGO:9021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


West Japan Railway Co Business Description

Address 2-4-24 Shibata, Kita-ku, Osaka, JPN, 530-8341
West Japan Railway, or JR West, is the main railway operator in Western Japan, headquartered in Osaka. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main assets are the Sanyo Shinkansen, which stretches from Osaka to Fukuoka, and the urban rail network in the Osaka-Kobe-Kyoto metropolitan area. Its nearly 5,000 kilometers of rail track covers a third of Japan's population and a fifth of its land area. Rail operations contribute more than half of revenue, with most of the balance from retail operations, real estate investments, travel agencies, and hotels.
63GF Score

Get the complete analysis for NGO:9021

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

円2,501.00
Price
円3,301.22
GF Value