Net margin is calculated as Net Income divided by its Revenue. Vario Secure's Net Income for the
six
months ended in Feb. 2026 was 円-108 Mil. Vario Secure's Revenue for the
six
months ended in Feb. 2026 was 円1,423 Mil. Therefore, Vario Secure's net margin for the quarter that ended in Feb. 2026 was -7.62%.
The historical rank and industry rank for Vario Secure's Net Margin % or its related term are showing as below:
TSE:4494'
s Net Margin % Range Over the Past 10 Years
Min: 2.7 Med: 12.38 Max: 19.82
Current: 3.72
TSE:4494's Net Margin % is ranked better than 54.22% of 2829
companies
in the Software industry
Industry Median: 2.53
vs TSE:4494: 3.72
Vario Secure (TSE:4494) 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.
Vario Secure Net Margin % Related Terms
Vario Secure Net Margin % Historical Data
* Premium members only.
The historical data trend for Vario Secure'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:4494 vs MSFT, ORCL, PLTR: Net Margin % Comparison
For the Software - Infrastructure subindustry, Vario Secure'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.
Vario Secure Net Margin % vs Software Industry
For the Software industry and Technology sector, Vario Secure's Net Margin % distribution charts can be found below:
* The bar in red indicates where Vario Secure'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.
Vario Secure (TSE:4494) has a Net Margin % of -7.62% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Vario Secure and its competitors. Over the past decade, Vario Secure's Net Margin % has ranged from 2.70 to 19.82. According to the industry distribution chart, Vario Secure ranks #1295 out of 2829 companies in the Software industry, placing it in the top 45.8%.
Is Vario Secure's Net Margin % too high?
Vario Secure's current Net Margin % is -7.62%. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 19.82. Based on the distribution chart, Vario Secure ranks #1295 out of 2829 companies in the Software industry, which is above the industry midpoint. Overall, Vario Secure has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vario Secure's Net Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, Vario Secure ranks #1295 out of 2829 companies for Net Margin %. This puts Vario Secure in the upper half of its industry. The industry median Net Margin % is 2.53. Historically, Vario Secure's own Net Margin % has ranged from 2.70 to 19.82 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 Software company?
The median Net Margin % among Software companies is 2.53, based on 2,829 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 Vario Secure and its competitors. For the Software industry, the median Net Margin % is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vario Secure's current Net Margin % is -7.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vario Secure stock overvalued right now?
Based on GuruFocus' analysis, Vario Secure (TSE:4494) is currently considered Modestly Undervalued. The stock's GF Value™ is 円760.08, compared to a current price of 円680.00 — trading 10.5% below its estimated fair value. The current Net Margin % is -7.62%. Vario Secure's overall GF Score™ is 50/100 with 5 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 Vario Secure (TSE:4494), the current Net Margin % is -7.62% 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 Vario Secure (TSE:4494) Overvalued in 2026?
Based on GuruFocus' analysis, Vario Secure stock appears to be undervalued.
The current stock price of 円680.00 is trading 10.5% below its estimated GF Value™ of 円760.08.
GuruFocus considers Vario Secure to be Modestly Undervalued.
Key valuation signals for TSE:4494:
Net Margin %: -7.62%
GF Value™: 円760.08 vs. price of 円680.00 (10.5% below fair value)
No single metric tells the full story. See the TSE:4494 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vario Secure Inc is engaged in providing internet security services that protect the network environment of enterprises from various threats arising from internet usage, by utilizing its in-house developed security instruments and operating system. The company provides one-stop security services, from installation and implementation to operation, monitoring, and support, for small and medium-sized enterprises that struggle to spare dedicated personnel for IT issues, which are becoming increasingly sophisticated and complicated daily. The Company operates in a single segment, the Internet security services business.
50GF Score
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