Base Food (TSE:2936) Net Margin %: 4.14% (As of Feb. 2026)


TSE:2936 Base Food Inc TSE:2936
60 GF Score
Price 円278.00
GF Value 円451.87
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Base Food Net Margin %?

Base Food TSE:2936 +1.09% 60 Net Margin % is 4.14% as of Feb. 2026. GuruFocus rates TSE:2936 with a GF Score™ of 60/100 and a GF Value™ of 円451.87 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,952 Consumer Packaged Goods companies, Base Food ranks worse than 61.63% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Base Food's Net Income for the six months ended in Feb. 2026 was 円311 Mil. Base Food's Revenue for the six months ended in Feb. 2026 was 円7,497 Mil. Therefore, Base Food's net margin for the quarter that ended in Feb. 2026 was 4.14%.

The historical rank and industry rank for Base Food's Net Margin % or its related term are showing as below:

TSE:2936' s Net Margin % Range Over the Past 10 Years
Min: -10.74   Med: -7.06   Max: 1.73
Current: 1.73


TSE:2936's Net Margin % is ranked worse than
61.63% of 1952 companies
in the Consumer Packaged Goods industry
Industry Median: 3.495 vs TSE:2936: 1.73

Base Food  (TSE:2936) 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.


Base Food Net Margin % Related Terms


Base Food Net Margin % Historical Data

* Premium members only.

The historical data trend for Base Food'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.

Base Food Net Margin % Chart

Base Food Annual Data
Trend Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Net Margin %
Get a 7-Day Free Trial -8.35 -10.23 -5.76 0.71 1.73

Base Food Semi-Annual Data
Feb21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.73 -6.68 8.03 -0.63 4.14

TSE:2936 vs KHC, GIS: Net Margin % Comparison

For the Packaged Foods subindustry, Base Food'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.


Base Food Net Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Base Food's Net Margin % distribution charts can be found below:

* The bar in red indicates where Base Food's Net Margin % falls into.


TSE:2936
60GF Score
Base Food Inc TSE:2936
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Base Food 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.

Base Food's Net Margin for the fiscal year that ended in Feb. 2026 is calculated as

Net Margin=Net Income (A: Feb. 2026 )/Revenue (A: Feb. 2026 )
=262.372/15191.882
=1.73 %

Base Food's Net Margin for the quarter that ended in Feb. 2026 is calculated as

Net Margin=Net Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=310.519/7496.993
=4.14 %

* 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 4.14% mean?
Base Food (TSE:2936) has a Net Margin % of 4.14% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Base Food and its competitors. According to the industry distribution chart, Base Food ranks #1203 out of 1952 companies in the Consumer Packaged Goods industry, placing it in the top 61.6%.
Is Base Food's Net Margin % too high?
Base Food's current Net Margin % is 4.14%. The Consumer Packaged Goods industry median Net Margin % is 3.50. Base Food's value of 4.14% is 18.5% above this industry median. Based on the distribution chart, Base Food ranks #1203 out of 1952 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Base Food has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Base Food's Net Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Base Food ranks #1203 out of 1952 companies for Net Margin %. This places Base Food in the lower half of its industry. The industry median Net Margin % is 3.50. Base Food's value of 4.14% is 18.5% above this benchmark. 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 Consumer Packaged Goods company?
The median Net Margin % among Consumer Packaged Goods companies is 3.50, based on 1,952 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. Base Food's current Net Margin % of 4.14% is 18.5% 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 Base Food and its competitors. For the Consumer Packaged Goods industry, the median Net Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Base Food's current Net Margin % is 4.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Base Food stock overvalued right now?
Based on GuruFocus' analysis, Base Food (TSE:2936) is currently considered Significantly Undervalued. The stock's GF Value™ is 円451.87, compared to a current price of 円278.00 — trading 38.5% below its estimated fair value. The current Net Margin % is 4.14% and 18.5% above the Consumer Packaged Goods industry median of 3.50. Base Food's overall GF Score™ is 60/100 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 Base Food (TSE:2936), the current Net Margin % is 4.14% as of Feb. 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 Base Food (TSE:2936) Overvalued in 2026?

Based on GuruFocus' analysis, Base Food stock appears to be undervalued. The current stock price of 円278.00 is trading 38.5% below its estimated GF Value™ of 円451.87. GuruFocus considers Base Food to be Significantly Undervalued.

Key valuation signals for TSE:2936:

  • Net Margin %: 4.14%
  • GF Value™: 円451.87 vs. price of 円278.00 (38.5% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 18.5% above the Consumer Packaged Goods median (#1203 of 1952)

No single metric tells the full story. See the TSE:2936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Base Food Business Description

Address 5-25-2 Nakameguro, Meguro-ku, Tokyo, JPN, 153-0061
Base Food Inc is engaged in the development and sale of complete nutrition food. The company offers base bread, base pasta and base cookies related products.
60GF Score

Get the complete analysis for TSE:2936

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

円278.00
Price
円451.87
GF Value