Net margin is calculated as Net Income divided by its Revenue. Air Water's Net Income for the
three
months ended in Sep. 2025 was 円-31,904 Mil. Air Water's Revenue for the
three
months ended in Sep. 2025 was 円260,928 Mil. Therefore, Air Water's net margin for the quarter that ended in Sep. 2025 was -12.23%.
The historical rank and industry rank for Air Water's Net Margin % or its related term are showing as below:
TSE:4088'
s Net Margin % Range Over the Past 10 Years
Min: 0.99 Med: 3.82 Max: 4.86
Current: 0.99
TSE:4088's Net Margin % is ranked worse than 68.6% of 1586
companies
in the Chemicals industry
Industry Median: 3.905
vs TSE:4088: 0.99
Air Water (TSE:4088) 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.
Air Water Net Margin % Related Terms
Air Water Net Margin % Historical Data
* Premium members only.
The historical data trend for Air Water'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:4088 vs LIN, SHW, ECL: Net Margin % Comparison
For the Specialty Chemicals subindustry, Air Water'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.
Air Water Net Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Water's Net Margin % distribution charts can be found below:
* The bar in red indicates where Air Water'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.
Air Water (TSE:4088) has a Net Margin % of -12.23% as of Sep. 2025. Net margin is the ratio of total net income to net sales. View historical data on Air Water and its competitors. Over the past decade, Air Water's Net Margin % has ranged from 0.99 to 4.86. According to the industry distribution chart, Air Water ranks #1088 out of 1586 companies in the Chemicals industry, placing it in the top 68.6%.
Is Air Water's Net Margin % too high?
Air Water's current Net Margin % is -12.23%. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 4.86. Based on the distribution chart, Air Water ranks #1088 out of 1586 companies in the Chemicals industry, which is below the industry midpoint. Overall, Air Water has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Water's Net Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Air Water ranks #1088 out of 1586 companies for Net Margin %. This places Air Water in the lower half of its industry. The industry median Net Margin % is 3.91. Historically, Air Water's own Net Margin % has ranged from 0.99 to 4.86 over the past decade. 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 Chemicals company?
The median Net Margin % among Chemicals companies is 3.91, based on 1,586 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. 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 Air Water and its competitors. For the Chemicals industry, the median Net Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Water's current Net Margin % is -12.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Water stock overvalued right now?
Based on GuruFocus' analysis, Air Water (TSE:4088) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,209.90, compared to a current price of 円2,778.00 — trading 25.7% above its estimated fair value. The current Net Margin % is -12.23%. Air Water's overall GF Score™ is 83/100 with 14 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 Air Water (TSE:4088), the current Net Margin % is -12.23% as of Sep. 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 Air Water (TSE:4088) Overvalued in 2026?
Based on GuruFocus' analysis, Air Water stock appears to be overvalued.
The current stock price of 円2,778.00 is trading 25.7% above its estimated GF Value™ of 円2,209.90.
GuruFocus considers Air Water to be Modestly Overvalued.
Key valuation signals for TSE:4088:
Net Margin %: -12.23%
GF Value™: 円2,209.90 vs. price of 円2,778.00 (25.7% above fair value)
No single metric tells the full story. See the TSE:4088 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air Water Inc is a diversified conglomerate engaged in the supply of industrial gases and various other businesses and services. The company operates through five segments. The Agri & Foods segment covers the processing and distribution of fruits and vegetables, frozen foods, meat products, and contract manufacturing of beverages. The Digital & Industry segment focuses on industrial gases, electrical, and functional materials. The Energy Solutions segment deals with LP gas, kerosene, and related equipment. The Health & Safety segment provides medical gases, dental and protective materials, hospital equipment, and home medical care services. The Other Businesses segment includes logistics, salt production, overseas industrial gas operations, biomass power, and high-output UPS solutions.
83GF Score
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