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Net margin is calculated as Net Income divided by its Revenue. ZEAL Associate's Net Income for the
six
months ended in Feb. 2026 was 円32 Mil. ZEAL Associate's Revenue for the
six
months ended in Feb. 2026 was 円1,595 Mil. Therefore, ZEAL Associate's net margin for the quarter that ended in Feb. 2026 was 2.03%.
The historical rank and industry rank for ZEAL Associate's Net Margin % or its related term are showing as below:
TSE:329A'
s Net Margin % Range Over the Past 10 Years
Min: 1.02 Med: 1.71 Max: 2.32
Current: 2.32
TSE:329A's Net Margin % is not ranked
in the Conglomerates industry.
Industry Median: 4.09
vs TSE:329A: 2.32
ZEAL Associate (TSE:329A) 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.
ZEAL Associate Net Margin % Related Terms
ZEAL Associate Net Margin % Historical Data
* Premium members only.
The historical data trend for ZEAL Associate'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.
ZEAL Associate Net Margin % Chart
ZEAL Associate Annual Data
Trend
Aug23
Aug24
Aug25
Net Margin %
1.02
1.71
1.99
ZEAL Associate Semi-Annual Data
Aug23
Aug24
Feb25
Aug25
Feb26
Net Margin %
0.00
0.00
1.21
2.61
2.03
TSE:329A vs HON, MMM: Net Margin % Comparison
For the Conglomerates subindustry, ZEAL Associate'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.
ZEAL Associate Net Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, ZEAL Associate's Net Margin % distribution charts can be found below:
* The bar in red indicates where ZEAL Associate'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.
ZEAL Associate (TSE:329A) has a Net Margin % of 2.03% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on ZEAL Associate and its competitors. This is 19% above median its historical median of 1.71. Over the past decade, ZEAL Associate's Net Margin % has ranged from 1.02 to 2.32.
Is ZEAL Associate's Net Margin % too high?
ZEAL Associate's current Net Margin % of 2.03% is 19% above median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 2.32. The Conglomerates industry median Net Margin % is 4.09. ZEAL Associate's value of 2.03% is 50.4% below this industry median. Overall, ZEAL Associate has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does ZEAL Associate's Net Margin % compare to HON and MMM?
ZEAL Associate's Net Margin % of 2.03% can be compared against companies in the Conglomerates industry. The industry median Net Margin % is 4.09. ZEAL Associate's value of 2.03% is 50.4% below this benchmark. Historically, ZEAL Associate's own Net Margin % has ranged from 1.02 to 2.32 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 4.09, ZEAL Associate has consistently been below 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 Conglomerates company?
The median Net Margin % among Conglomerates companies is 4.09, based on 551 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. ZEAL Associate's current Net Margin % of 2.03% is 50.4% below 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 ZEAL Associate and its competitors. For the Conglomerates industry, the median Net Margin % is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZEAL Associate's current Net Margin % is 2.03%, which is 19% above median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEAL Associate stock overvalued right now?
ZEAL Associate (TSE:329A) has a current Net Margin % of 2.03%. The current Net Margin % is 2.03%, which is 19% above median its 10-year median of 1.71 and 50.4% below the Conglomerates industry median of 4.09. ZEAL Associate's overall GF Score™ is 16/100 with 3 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 ZEAL Associate (TSE:329A), the current Net Margin % is 2.03% 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.
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