ASJTSE:2351 +1.92%51 Net Margin % is 7.45% as of Mar. 2026, which is 452% above its 10-year median of 1.35. GuruFocus rates TSE:2351 with a GF Score™ of 51/100 and a GF Value™ of 円390.44 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,819 Software companies, ASJ ranks better than 52.75% on this metric.
Net margin is calculated as Net Income divided by its Revenue. ASJ's Net Income for the
six
months ended in Mar. 2026 was 円107 Mil. ASJ's Revenue for the
six
months ended in Mar. 2026 was 円1,429 Mil. Therefore, ASJ's net margin for the quarter that ended in Mar. 2026 was 7.45%.
The historical rank and industry rank for ASJ's Net Margin % or its related term are showing as below:
TSE:2351'
s Net Margin % Range Over the Past 10 Years
Min: -19.45 Med: 1.35 Max: 9
Current: 3.34
TSE:2351's Net Margin % is ranked better than 52.75% of 2819
companies
in the Software industry
Industry Median: 2.61
vs TSE:2351: 3.34
ASJ (TSE:2351) 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.
ASJ Net Margin % Related Terms
ASJ Net Margin % Historical Data
* Premium members only.
The historical data trend for ASJ'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:2351 vs MSFT, ORCL, PLTR: Net Margin % Comparison
For the Software - Infrastructure subindustry, ASJ'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.
ASJ Net Margin % vs Software Industry
For the Software industry and Technology sector, ASJ's Net Margin % distribution charts can be found below:
* The bar in red indicates where ASJ'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.
ASJ (TSE:2351) has a Net Margin % of 7.45% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on ASJ and its competitors. This is 452% above median its historical median of 1.35. According to the industry distribution chart, ASJ ranks #1332 out of 2819 companies in the Software industry, placing it in the top 47.3%.
Is ASJ's Net Margin % too high?
ASJ's current Net Margin % of 7.45% is 452% above median its 10-year median of 1.35. The Software industry median Net Margin % is 2.61. ASJ's value of 7.45% is 185.4% above this industry median. Based on the distribution chart, ASJ ranks #1332 out of 2819 companies in the Software industry, which is above the industry midpoint. Overall, ASJ has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASJ's Net Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, ASJ ranks #1332 out of 2819 companies for Net Margin %. This puts ASJ in the upper half of its industry. The industry median Net Margin % is 2.61. ASJ's value of 7.45% is 185.4% above this benchmark. While the company's 10-year median is 1.35 vs. the industry median of 2.61, ASJ 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 Software company?
The median Net Margin % among Software companies is 2.61, based on 2,819 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. ASJ's current Net Margin % of 7.45% is 185.4% 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 ASJ and its competitors. For the Software industry, the median Net Margin % is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASJ's current Net Margin % is 7.45%, which is 452% above median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASJ stock overvalued right now?
Based on GuruFocus' analysis, ASJ (TSE:2351) is currently considered Modestly Undervalued. The stock's GF Value™ is 円390.44, compared to a current price of 円319.00 — trading 18.3% below its estimated fair value. The current Net Margin % is 7.45%, which is 452% above median its 10-year median of 1.35 and 185.4% above the Software industry median of 2.61. ASJ's overall GF Score™ is 51/100 with 4 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 ASJ (TSE:2351), the current Net Margin % is 7.45% 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 ASJ (TSE:2351) Overvalued in 2026?
Based on GuruFocus' analysis, ASJ stock appears to be undervalued.
The current stock price of 円319.00 is trading 18.3% below its estimated GF Value™ of 円390.44.
GuruFocus considers ASJ to be Modestly Undervalued.
Key valuation signals for TSE:2351:
Net Margin %: 7.45% (452% above median its 10-year median of 1.35)
GF Value™: 円390.44 vs. price of 円319.00 (18.3% below fair value)
Industry Position: 185.4% above the Software median (#1332 of 2819)
No single metric tells the full story. See the TSE:2351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASJ Inc is a core services provider company. It is engaged in Internet-related services such as hosting service and provision of groupware and domain service. Its business activities include cloud services, payment service, consulting on the Internet and development of computer software and smartphone applications.
51GF Score
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