Ichikawa CoTSE:3513 +1.30%56 Net Margin % is 3.08% as of Mar. 2026, which is 17% below its 10-year median of 3.71. GuruFocus rates TSE:3513 with a GF Score™ of 56/100 and a GF Value™ of 円1,956.07 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 283 Forest Products companies, Ichikawa Co ranks better than 84.45% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Ichikawa Co's Net Income for the
three
months ended in Mar. 2026 was 円122 Mil. Ichikawa Co's Revenue for the
three
months ended in Mar. 2026 was 円3,963 Mil. Therefore, Ichikawa Co's net margin for the quarter that ended in Mar. 2026 was 3.08%.
The historical rank and industry rank for Ichikawa Co's Net Margin % or its related term are showing as below:
TSE:3513'
s Net Margin % Range Over the Past 10 Years
Min: 2.02 Med: 3.71 Max: 7.93
Current: 7.93
TSE:3513's Net Margin % is ranked better than 84.45% of 283
companies
in the Forest Products industry
Industry Median: 1.21
vs TSE:3513: 7.93
Ichikawa Co (TSE:3513) 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.
Ichikawa Co Net Margin % Related Terms
Ichikawa Co Net Margin % Historical Data
* Premium members only.
The historical data trend for Ichikawa Co'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.
For the Paper & Paper Products subindustry, Ichikawa Co'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.
Ichikawa Co Net Margin % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Ichikawa Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Ichikawa Co'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.
Ichikawa Co (TSE:3513) has a Net Margin % of 3.08% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Ichikawa Co and its competitors. This is 17% below median its historical median of 3.71. Over the past decade, Ichikawa Co's Net Margin % has ranged from 2.02 to 7.93. According to the industry distribution chart, Ichikawa Co ranks #44 out of 283 companies in the Forest Products industry, placing it in the top 15.5%.
Is Ichikawa Co's Net Margin % too high?
Ichikawa Co's current Net Margin % of 3.08% is 17% below median its 10-year median of 3.71. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 7.93. The Forest Products industry median Net Margin % is 1.21. Ichikawa Co's value of 3.08% is 154.5% above this industry median. Based on the distribution chart, Ichikawa Co ranks #44 out of 283 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ichikawa Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ichikawa Co's Net Margin % compare to competitors?
According to the Forest Products industry distribution chart, Ichikawa Co ranks #44 out of 283 companies for Net Margin %. This places Ichikawa Co in the top 16% of its industry — outperforming the majority of peers. The industry median Net Margin % is 1.21. Ichikawa Co's value of 3.08% is 154.5% above this benchmark. Historically, Ichikawa Co's own Net Margin % has ranged from 2.02 to 7.93 over the past decade. While the company's 10-year median is 3.71 vs. the industry median of 1.21, Ichikawa Co 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 Forest Products company?
The median Net Margin % among Forest Products companies is 1.21, based on 283 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. Ichikawa Co's current Net Margin % of 3.08% is 154.5% 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 Ichikawa Co and its competitors. For the Forest Products industry, the median Net Margin % is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichikawa Co's current Net Margin % is 3.08%, which is 17% below median its own 10-year median of 3.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichikawa Co stock overvalued right now?
Based on GuruFocus' analysis, Ichikawa Co (TSE:3513) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,956.07, compared to a current price of 円3,110.00 — trading 59% above its estimated fair value. The current Net Margin % is 3.08%, which is 17% below median its 10-year median of 3.71 and 154.5% above the Forest Products industry median of 1.21. Ichikawa Co's overall GF Score™ is 56/100 with 1 warning sign 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 Ichikawa Co (TSE:3513), the current Net Margin % is 3.08% 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 Ichikawa Co (TSE:3513) Overvalued in 2026?
Based on GuruFocus' analysis, Ichikawa Co stock appears to be overvalued.
The current stock price of 円3,110.00 is trading 59% above its estimated GF Value™ of 円1,956.07.
GuruFocus considers Ichikawa Co to be Significantly Overvalued.
Key valuation signals for TSE:3513:
Net Margin %: 3.08% (17% below median its 10-year median of 3.71)
GF Value™: 円1,956.07 vs. price of 円3,110.00 (59% above fair value)
Industry Position: 154.5% above the Forest Products median (#44 of 283)
No single metric tells the full story. See the TSE:3513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichikawa Co Ltd is engaged in the manufacture and distribution of papermaking felts, papermaking belts, felts for slate and industrial felts in Japan. It offers papermaking press felts and belts, and shoe press and transfer belts; industrial products, such as heat-resistant conveyance equipment and cushioning material for use in the manufacture of car bodies, aluminum parts, and others.
56GF Score
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