TCM Group ASOCSE:TCM -1.70%88 Net Margin % is 4.14% as of Mar. 2026, which is 32% below its 10-year median of 6.12. GuruFocus rates OCSE:TCM with a GF Score™ of 88/100 and a GF Value™ of kr73.39 (Fairly Valued). The stock has 5 warning signs investors should review. Among 432 Furnishings, Fixtures & Appliances companies, TCM Group AS ranks better than 68.52% on this metric.
Net margin is calculated as Net Income divided by its Revenue. TCM Group AS's Net Income for the
three
months ended in Mar. 2026 was kr15 Mil. TCM Group AS's Revenue for the
three
months ended in Mar. 2026 was kr362 Mil. Therefore, TCM Group AS's net margin for the quarter that ended in Mar. 2026 was 4.14%.
The historical rank and industry rank for TCM Group AS's Net Margin % or its related term are showing as below:
OCSE:TCM'
s Net Margin % Range Over the Past 10 Years
Min: 1.99 Med: 6.12 Max: 11.52
Current: 6.05
OCSE:TCM's Net Margin % is ranked better than 68.52% of 432
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.65
vs OCSE:TCM: 6.05
TCM Group AS (OCSE:TCM) 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.
TCM Group AS Net Margin % Related Terms
TCM Group AS Net Margin % Historical Data
* Premium members only.
The historical data trend for TCM Group AS'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 Furnishings, Fixtures & Appliances subindustry, TCM Group AS'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.
TCM Group AS Net Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TCM Group AS's Net Margin % distribution charts can be found below:
* The bar in red indicates where TCM Group AS'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.
TCM Group AS (OCSE:TCM) has a Net Margin % of 4.14% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on TCM Group AS and its competitors. This is 32% below median its historical median of 6.12. Over the past decade, TCM Group AS's Net Margin % has ranged from 1.99 to 11.52. According to the industry distribution chart, TCM Group AS ranks #136 out of 432 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 31.5%.
Is TCM Group AS's Net Margin % too high?
TCM Group AS's current Net Margin % of 4.14% is 32% below median its 10-year median of 6.12. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 11.52. The Furnishings, Fixtures & Appliances industry median Net Margin % is 2.65. TCM Group AS's value of 4.14% is 56.2% above this industry median. Based on the distribution chart, TCM Group AS ranks #136 out of 432 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, TCM Group AS has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCM Group AS's Net Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, TCM Group AS ranks #136 out of 432 companies for Net Margin %. This puts TCM Group AS in the upper half of its industry. The industry median Net Margin % is 2.65. TCM Group AS's value of 4.14% is 56.2% above this benchmark. Historically, TCM Group AS's own Net Margin % has ranged from 1.99 to 11.52 over the past decade. While the company's 10-year median is 6.12 vs. the industry median of 2.65, TCM Group AS 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 Furnishings, Fixtures & Appliances company?
The median Net Margin % among Furnishings, Fixtures & Appliances companies is 2.65, based on 432 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. TCM Group AS's current Net Margin % of 4.14% is 56.2% 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 TCM Group AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Net Margin % is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCM Group AS's current Net Margin % is 4.14%, which is 32% below median its own 10-year median of 6.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM Group AS stock overvalued right now?
Based on GuruFocus' analysis, TCM Group AS (OCSE:TCM) is currently considered Fairly Valued. The stock's GF Value™ is kr73.39, compared to a current price of kr69.40 — trading 5.4% below its estimated fair value. The current Net Margin % is 4.14%, which is 32% below median its 10-year median of 6.12 and 56.2% above the Furnishings, Fixtures & Appliances industry median of 2.65. TCM Group AS's overall GF Score™ is 88/100 with 5 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 TCM Group AS (OCSE:TCM), the current Net Margin % is 4.14% 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 TCM Group AS (OCSE:TCM) Overvalued in 2026?
Based on GuruFocus' analysis, TCM Group AS stock appears to be undervalued.
The current stock price of kr69.40 is trading 5.4% below its estimated GF Value™ of kr73.39.
GuruFocus considers TCM Group AS to be Fairly Valued.
Key valuation signals for OCSE:TCM:
Net Margin %: 4.14% (32% below median its 10-year median of 6.12)
GF Value™: kr73.39 vs. price of kr69.40 (5.4% below fair value)
Industry Position: 56.2% above the Furnishings, Fixtures & Appliances median (#136 of 432)
No single metric tells the full story. See the OCSE:TCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private-label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.
88GF Score
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