Hikari Business Form CoTSE:3948 -0.79%55 Net Margin % is 2.33% as of Dec. 2025, which is 25% below its 10-year median of 3.12. GuruFocus rates TSE:3948 with a GF Score™ of 55/100 and a GF Value™ of 円673.57 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,074 Business Services companies, Hikari Business Form Co ranks worse than 62.48% on this metric.
The historical rank and industry rank for Hikari Business Form Co's Net Margin % or its related term are showing as below:
TSE:3948'
s Net Margin % Range Over the Past 10 Years
Min: -0.69 Med: 3.12 Max: 10.61
Current: 1.96
TSE:3948's Net Margin % is ranked worse than 62.48% of 1074
companies
in the Business Services industry
Industry Median: 3.83
vs TSE:3948: 1.96
Hikari Business Form Co (TSE:3948) 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.
Hikari Business Form Co Net Margin % Related Terms
Hikari Business Form Co Net Margin % Historical Data
* 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:3948 vs CTAS, CPRT, ULS: Net Margin % Comparison
For the Specialty Business Services subindustry, Hikari Business Form 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.
Hikari Business Form Co Net Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Hikari Business Form Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Hikari Business Form 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.
Hikari Business Form Co (TSE:3948) has a Net Margin % of 2.33% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Hikari Business Form Co and its competitors. This is 25% below median its historical median of 3.12. According to the industry distribution chart, Hikari Business Form Co ranks #671 out of 1074 companies in the Business Services industry, placing it in the top 62.5%.
Is Hikari Business Form Co's Net Margin % too high?
Hikari Business Form Co's current Net Margin % of 2.33% is 25% below median its 10-year median of 3.12. The Business Services industry median Net Margin % is 3.83. Hikari Business Form Co's value of 2.33% is 39.2% below this industry median. Based on the distribution chart, Hikari Business Form Co ranks #671 out of 1074 companies in the Business Services industry, which is below the industry midpoint. Overall, Hikari Business Form Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hikari Business Form Co's Net Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Hikari Business Form Co ranks #671 out of 1074 companies for Net Margin %. This places Hikari Business Form Co in the lower half of its industry. The industry median Net Margin % is 3.83. Hikari Business Form Co's value of 2.33% is 39.2% below this benchmark. While the company's 10-year median is 3.12 vs. the industry median of 3.83, Hikari Business Form Co 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 Business Services company?
The median Net Margin % among Business Services companies is 3.83, based on 1,074 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. Hikari Business Form Co's current Net Margin % of 2.33% is 39.2% 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 Hikari Business Form Co and its competitors. For the Business Services industry, the median Net Margin % is 3.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hikari Business Form Co's current Net Margin % is 2.33%, which is 25% below median its own 10-year median of 3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hikari Business Form Co stock overvalued right now?
Based on GuruFocus' analysis, Hikari Business Form Co (TSE:3948) is currently considered Significantly Overvalued. The stock's GF Value™ is 円673.57, compared to a current price of 円1,131.00 — trading 67.9% above its estimated fair value. The current Net Margin % is 2.33%, which is 25% below median its 10-year median of 3.12 and 39.2% below the Business Services industry median of 3.83. Hikari Business Form Co's overall GF Score™ is 55/100 with 6 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 Hikari Business Form Co (TSE:3948), the current Net Margin % is 2.33% as of Dec. 2025. 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 Hikari Business Form Co (TSE:3948) Overvalued in 2026?
Based on GuruFocus' analysis, Hikari Business Form Co stock appears to be overvalued.
The current stock price of 円1,131.00 is trading 67.9% above its estimated GF Value™ of 円673.57.
GuruFocus considers Hikari Business Form Co to be Significantly Overvalued.
Key valuation signals for TSE:3948:
Net Margin %: 2.33% (25% below median its 10-year median of 3.12)
GF Value™: 円673.57 vs. price of 円1,131.00 (67.9% above fair value)
Industry Position: 39.2% below the Business Services median (#671 of 1074)
No single metric tells the full story. See the TSE:3948 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hikari Business Form Co Ltd is engaged in providing printing services. The services offered by the company are commercial printing, business process outsourcing, post process, web solution, DPP, and others.
55GF Score
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