JGC HoldingsTSE:1963 -1.36%64 Net Margin % is 6.69% as of Mar. 2026, which is 556% above its 10-year median of 1.02. GuruFocus rates TSE:1963 with a GF Score™ of 64/100 and a GF Value™ of 円1,314.16 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,766 Construction companies, JGC Holdings ranks better than 62.4% on this metric.
Net margin is calculated as Net Income divided by its Revenue. JGC Holdings's Net Income for the
three
months ended in Mar. 2026 was 円11,937 Mil. JGC Holdings's Revenue for the
three
months ended in Mar. 2026 was 円178,464 Mil. Therefore, JGC Holdings's net margin for the quarter that ended in Mar. 2026 was 6.69%.
The historical rank and industry rank for JGC Holdings's Net Margin % or its related term are showing as below:
TSE:1963'
s Net Margin % Range Over the Past 10 Years
Min: -8.3 Med: 1.02 Max: 5.61
Current: 5.61
TSE:1963's Net Margin % is ranked better than 62.4% of 1766
companies
in the Construction industry
Industry Median: 3.92
vs TSE:1963: 5.61
JGC Holdings (TSE:1963) 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.
JGC Holdings Net Margin % Related Terms
JGC Holdings Net Margin % Historical Data
* Premium members only.
The historical data trend for JGC Holdings'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.
TSE:1963 vs PWR, FIX, EME: Net Margin % Comparison
For the Engineering & Construction subindustry, JGC Holdings'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.
JGC Holdings Net Margin % vs Construction Industry
For the Construction industry and Industrials sector, JGC Holdings's Net Margin % distribution charts can be found below:
* The bar in red indicates where JGC Holdings'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.
JGC Holdings (TSE:1963) has a Net Margin % of 6.69% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on JGC Holdings and its competitors. This is 556% above median its historical median of 1.02. According to the industry distribution chart, JGC Holdings ranks #664 out of 1766 companies in the Construction industry, placing it in the top 37.6%.
Is JGC Holdings' Net Margin % too high?
JGC Holdings' current Net Margin % of 6.69% is 556% above median its 10-year median of 1.02. The Construction industry median Net Margin % is 3.92. JGC Holdings' value of 6.69% is 70.7% above this industry median. Based on the distribution chart, JGC Holdings ranks #664 out of 1766 companies in the Construction industry, which is above the industry midpoint. Overall, JGC Holdings has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JGC Holdings' Net Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, JGC Holdings ranks #664 out of 1766 companies for Net Margin %. This puts JGC Holdings in the upper half of its industry. The industry median Net Margin % is 3.92. JGC Holdings' value of 6.69% is 70.7% above this benchmark. While the company's 10-year median is 1.02 vs. the industry median of 3.92, JGC Holdings 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 Construction company?
The median Net Margin % among Construction companies is 3.92, based on 1,766 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. JGC Holdings's current Net Margin % of 6.69% is 70.7% 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 JGC Holdings and its competitors. For the Construction 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. JGC Holdings's current Net Margin % is 6.69%, which is 556% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JGC Holdings stock overvalued right now?
Based on GuruFocus' analysis, JGC Holdings (TSE:1963) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,314.16, compared to a current price of 円2,573.50 — trading 95.8% above its estimated fair value. The current Net Margin % is 6.69%, which is 556% above median its 10-year median of 1.02 and 70.7% above the Construction industry median of 3.92. JGC Holdings' overall GF Score™ is 64/100 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 JGC Holdings (TSE:1963), the current Net Margin % is 6.69% 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 JGC Holdings (TSE:1963) Overvalued in 2026?
Based on GuruFocus' analysis, JGC Holdings stock appears to be overvalued.
The current stock price of 円2,573.50 is trading 95.8% above its estimated GF Value™ of 円1,314.16.
GuruFocus considers JGC Holdings to be Significantly Overvalued.
Key valuation signals for TSE:1963:
Net Margin %: 6.69% (556% above median its 10-year median of 1.02)
GF Value™: 円1,314.16 vs. price of 円2,573.50 (95.8% above fair value)
Industry Position: 70.7% above the Construction median (#664 of 1766)
No single metric tells the full story. See the TSE:1963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JGC Holdings Corp is a Japan-based company engaged in providing infrastructure construction services. The company operates through two segments. The Comprehensive Engineering segment provides EPC services including design, procurement, construction, and commissioning of equipment and facilities for petroleum, oil refining, petrochemicals, gas, and LNG. The Functional Materials Manufacturing segment produces and sells catalysts, nanoparticle technology products, clean and safety materials, electronic materials, high-performance ceramics, and next-generation energy solutions. The Others segment includes consulting, office support, desalination, and crude oil and gas production and sales. It generates the majority of its revenue from the Comprehensive engineering segment.
64GF Score
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