Macnica HoldingsTSE:3132 -4.36%90 Net Margin % is 2.89% as of Mar. 2026, which is 27% above its 10-year median of 2.28. GuruFocus rates TSE:3132 with a GF Score™ of 90/100 and a GF Value™ of 円2,537.08 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,473 Hardware companies, Macnica Holdings ranks worse than 52.61% on this metric.
The historical rank and industry rank for Macnica Holdings's Net Margin % or its related term are showing as below:
TSE:3132'
s Net Margin % Range Over the Past 10 Years
Min: 1.08 Med: 2.28 Max: 4.67
Current: 2.29
TSE:3132's Net Margin % is ranked worse than 52.61% of 2473
companies
in the Hardware industry
Industry Median: 2.7
vs TSE:3132: 2.29
Macnica Holdings (TSE:3132) 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.
Macnica Holdings Net Margin % Related Terms
Macnica Holdings Net Margin % Historical Data
* Premium members only.
The historical data trend for Macnica 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:3132 vs SNX, ARW, AVT: Net Margin % Comparison
For the Electronics & Computer Distribution subindustry, Macnica 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.
Macnica Holdings Net Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Macnica Holdings's Net Margin % distribution charts can be found below:
* The bar in red indicates where Macnica 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.
Macnica Holdings (TSE:3132) has a Net Margin % of 2.89% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Macnica Holdings and its competitors. This is 27% above median its historical median of 2.28. Over the past decade, Macnica Holdings' Net Margin % has ranged from 1.08 to 4.67. According to the industry distribution chart, Macnica Holdings ranks #1301 out of 2473 companies in the Hardware industry, placing it in the top 52.6%.
Is Macnica Holdings' Net Margin % too high?
Macnica Holdings' current Net Margin % of 2.89% is 27% above median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 4.67. The Hardware industry median Net Margin % is 2.70. Macnica Holdings' value of 2.89% is 7% above this industry median. Based on the distribution chart, Macnica Holdings ranks #1301 out of 2473 companies in the Hardware industry, which is below the industry midpoint. Overall, Macnica Holdings has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macnica Holdings' Net Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, Macnica Holdings ranks #1301 out of 2473 companies for Net Margin %. This places Macnica Holdings in the lower half of its industry. The industry median Net Margin % is 2.70. Macnica Holdings' value of 2.89% is 7% above this benchmark. Historically, Macnica Holdings' own Net Margin % has ranged from 1.08 to 4.67 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 2.70, Macnica 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 Hardware company?
The median Net Margin % among Hardware companies is 2.70, based on 2,473 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. Macnica Holdings's current Net Margin % of 2.89% is 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 Macnica Holdings and its competitors. For the Hardware industry, the median Net Margin % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macnica Holdings's current Net Margin % is 2.89%, which is 27% above median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macnica Holdings stock overvalued right now?
Based on GuruFocus' analysis, Macnica Holdings (TSE:3132) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,537.08, compared to a current price of 円3,184.00 — trading 25.5% above its estimated fair value. The current Net Margin % is 2.89%, which is 27% above median its 10-year median of 2.28 and 7% above the Hardware industry median of 2.70. Macnica Holdings' overall GF Score™ is 90/100 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 Macnica Holdings (TSE:3132), the current Net Margin % is 2.89% 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 Macnica Holdings (TSE:3132) Overvalued in 2026?
Based on GuruFocus' analysis, Macnica Holdings stock appears to be overvalued.
The current stock price of 円3,184.00 is trading 25.5% above its estimated GF Value™ of 円2,537.08.
GuruFocus considers Macnica Holdings to be Modestly Overvalued.
Key valuation signals for TSE:3132:
Net Margin %: 2.89% (27% above median its 10-year median of 2.28)
GF Value™: 円2,537.08 vs. price of 円3,184.00 (25.5% above fair value)
Industry Position: 7% above the Hardware median (#1301 of 2473)
No single metric tells the full story. See the TSE:3132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macnica Holdings Inc is an independent electronics distribution company in Japan. The company imports, exports, and distributes electronic components such as semiconductor devices and Integrated Circuit (IC), and business accompanying or pertaining to such activities. Its business segments are the Integrated Circuit, Electronic Devices, and Other Business, and the Network Business. The IC, Electronic Devices, and Other Business handles the sales of products such as ICs and electronic devices, and the Network Business is responsible for the sales of network-related hardware, software, and services.
90GF Score
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