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RayTSE:4317 +1.65%79 Net Margin % is 9.98% as of Feb. 2026, which is 80% above its 10-year median of 5.53. GuruFocus rates TSE:4317 with a GF Score™ of 79/100 and a GF Value™ of 円565.59 (Modestly Undervalued). Among 1,014 Media - Diversified companies, Ray ranks better than 79.68% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Ray's Net Income for the
six
months ended in Feb. 2026 was 円756 Mil. Ray's Revenue for the
six
months ended in Feb. 2026 was 円7,574 Mil. Therefore, Ray's net margin for the quarter that ended in Feb. 2026 was 9.98%.
The historical rank and industry rank for Ray's Net Margin % or its related term are showing as below:
TSE:4317'
s Net Margin % Range Over the Past 10 Years
Min: -5.22 Med: 5.53 Max: 9.72
Current: 9.72
TSE:4317's Net Margin % is ranked better than 79.68% of 1014
companies
in the Media - Diversified industry
Industry Median: 1.31
vs TSE:4317: 9.72
Ray (TSE:4317) 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.
Ray Net Margin % Related Terms
Ray Net Margin % Historical Data
* Premium members only.
The historical data trend for Ray'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:4317 vs NFLX, DIS, WBD: Net Margin % Comparison
For the Entertainment subindustry, Ray'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.
Ray Net Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Ray's Net Margin % distribution charts can be found below:
* The bar in red indicates where Ray'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.
Ray (TSE:4317) has a Net Margin % of 9.98% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Ray and its competitors. This is 80% above median its historical median of 5.53. According to the industry distribution chart, Ray ranks #206 out of 1014 companies in the Media - Diversified industry, placing it in the top 20.3%.
Is Ray's Net Margin % too high?
Ray's current Net Margin % of 9.98% is 80% above median its 10-year median of 5.53. The Media - Diversified industry median Net Margin % is 1.31. Ray's value of 9.98% is 661.8% above this industry median. Based on the distribution chart, Ray ranks #206 out of 1014 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Ray has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ray's Net Margin % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Ray ranks #206 out of 1014 companies for Net Margin %. This places Ray in the top 20% of its industry — outperforming the majority of peers. The industry median Net Margin % is 1.31. Ray's value of 9.98% is 661.8% above this benchmark. While the company's 10-year median is 5.53 vs. the industry median of 1.31, Ray 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 Media - Diversified company?
The median Net Margin % among Media - Diversified companies is 1.31, based on 1,014 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. Ray's current Net Margin % of 9.98% is 661.8% 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 Ray and its competitors. For the Media - Diversified industry, the median Net Margin % is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ray's current Net Margin % is 9.98%, which is 80% above median its own 10-year median of 5.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray stock overvalued right now?
Based on GuruFocus' analysis, Ray (TSE:4317) is currently considered Modestly Undervalued. The stock's GF Value™ is 円565.59, compared to a current price of 円493.00 — trading 12.8% below its estimated fair value. The current Net Margin % is 9.98%, which is 80% above median its 10-year median of 5.53 and 661.8% above the Media - Diversified industry median of 1.31. Ray's overall GF Score™ is 79/100. 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 Ray (TSE:4317), the current Net Margin % is 9.98% 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.
Is Ray (TSE:4317) Overvalued in 2026?
Based on GuruFocus' analysis, Ray stock appears to be undervalued.
The current stock price of 円493.00 is trading 12.8% below its estimated GF Value™ of 円565.59.
GuruFocus considers Ray to be Modestly Undervalued.
Key valuation signals for TSE:4317:
Net Margin %: 9.98% (80% above median its 10-year median of 5.53)
GF Value™: 円565.59 vs. price of 円493.00 (12.8% below fair value)
Industry Position: 661.8% above the Media - Diversified median (#206 of 1014)
No single metric tells the full story. See the TSE:4317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ray Corp is a Japan-based advertising company that operates in two business segments. The Advertising Solution segment has two divisions: the SP and event division, which handles planning and production of sales promotions, campaigns, expos, and showrooms; and the TVCM division, which creates TV commercials and promotional videos. The Technical Solution segment includes a video equipment rental division for events and business presentations, and a post-production division offering video editing, DVD/Blu-ray, and CG production services.
79GF Score
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