Japan Exchange GroupSTU:OSK -0.92%84 Net Margin % is 40.81% as of Mar. 2026, which is 6% above its 10-year median of 38.49. GuruFocus rates STU:OSK with a GF Score™ of 84/100 and a GF Value™ of €10.09 (Fairly Valued). The stock has 8 warning signs investors should review. Among 774 Capital Markets companies, Japan Exchange Group ranks better than 77.91% on this metric.
The historical rank and industry rank for Japan Exchange Group's Net Margin % or its related term are showing as below:
STU:OSK'
s Net Margin % Range Over the Past 10 Years
Min: 34.46 Med: 38.49 Max: 41.73
Current: 39.76
STU:OSK's Net Margin % is ranked better than 77.91% of 774
companies
in the Capital Markets industry
Industry Median: 14.305
vs STU:OSK: 39.76
Japan Exchange Group (STU:OSK) 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.
Japan Exchange Group Net Margin % Related Terms
Japan Exchange Group Net Margin % Historical Data
* Premium members only.
The historical data trend for Japan Exchange Group'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.
STU:OSK vs SPGI, CME, ICE: Net Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, Japan Exchange Group'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.
Japan Exchange Group Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Japan Exchange Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Japan Exchange Group'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.
Japan Exchange Group (STU:OSK) has a Net Margin % of 40.81% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Japan Exchange Group and its competitors. This is near median its historical median of 38.49. Over the past decade, Japan Exchange Group's Net Margin % has ranged from 34.46 to 41.73. According to the industry distribution chart, Japan Exchange Group ranks #171 out of 774 companies in the Capital Markets industry, placing it in the top 22.1%.
Is Japan Exchange Group's Net Margin % too high?
Japan Exchange Group's current Net Margin % of 40.81% is near median its 10-year median of 38.49. Over the past 10 years, this metric has ranged from a low of 34.46 to a high of 41.73. The Capital Markets industry median Net Margin % is 14.31. Japan Exchange Group's value of 40.81% is 185.3% above this industry median. Based on the distribution chart, Japan Exchange Group ranks #171 out of 774 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Exchange Group has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Exchange Group's Net Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Japan Exchange Group ranks #171 out of 774 companies for Net Margin %. This places Japan Exchange Group in the top 22% of its industry — outperforming the majority of peers. The industry median Net Margin % is 14.31. Japan Exchange Group's value of 40.81% is 185.3% above this benchmark. Historically, Japan Exchange Group's own Net Margin % has ranged from 34.46 to 41.73 over the past decade. While the company's 10-year median is 38.49 vs. the industry median of 14.31, Japan Exchange Group 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 Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.31, based on 774 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. Japan Exchange Group's current Net Margin % of 40.81% is 185.3% 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 Japan Exchange Group and its competitors. For the Capital Markets industry, the median Net Margin % is 14.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Exchange Group's current Net Margin % is 40.81%, which is near median its own 10-year median of 38.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Exchange Group stock overvalued right now?
Based on GuruFocus' analysis, Japan Exchange Group (STU:OSK) is currently considered Fairly Valued. The stock's GF Value™ is €10.09, compared to a current price of €10.80 — trading 7% above its estimated fair value. The current Net Margin % is 40.81%, which is near median its 10-year median of 38.49 and 185.3% above the Capital Markets industry median of 14.31. Japan Exchange Group's overall GF Score™ is 84/100 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 Japan Exchange Group (STU:OSK), the current Net Margin % is 40.81% 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 Japan Exchange Group (STU:OSK) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Exchange Group stock appears to be overvalued.
The current stock price of €10.80 is trading 7% above its estimated GF Value™ of €10.09.
GuruFocus considers Japan Exchange Group to be Fairly Valued.
Key valuation signals for STU:OSK:
Net Margin %: 40.81% (near median its 10-year median of 38.49)
GF Value™: €10.09 vs. price of €10.80 (7% above fair value)
Industry Position: 185.3% above the Capital Markets median (#171 of 774)
No single metric tells the full story. See the STU:OSK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Exchange Group is a vertically integrated securities exchange business, which includes the Tokyo Stock Exchange, Osaka Exchange, and Tokyo Commodity Exchange. JPX ranks among the top five largest stock exchange operators in the world by market capitalization, and its Nikkei 225 and Topix derivatives products are some of the most widely traded derivatives products in the world.
84GF Score
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