NoteTSE:5243 +0.87%62 Net Margin % is 20.83% as of Nov. 2025. GuruFocus rates TSE:5243 with a GF Score™ of 62/100 and a GF Value™ of 円995.67 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,827 Software companies, Note ranks better than 86.56% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Note's Net Income for the
three
months ended in Nov. 2025 was 円228 Mil. Note's Revenue for the
three
months ended in Nov. 2025 was 円1,095 Mil. Therefore, Note's net margin for the quarter that ended in Nov. 2025 was 20.83%.
The historical rank and industry rank for Note's Net Margin % or its related term are showing as below:
TSE:5243'
s Net Margin % Range Over the Past 10 Years
Min: -32.65 Med: -19.04 Max: 16.52
Current: 16.52
TSE:5243's Net Margin % is ranked better than 86.56% of 2827
companies
in the Software industry
Industry Median: 2.54
vs TSE:5243: 16.52
Note (TSE:5243) 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.
Note Net Margin % Related Terms
Note Net Margin % Historical Data
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The historical data trend for Note'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:5243 vs CRM, SHOP, UBER: Net Margin % Comparison
For the Software - Application subindustry, Note'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.
Note Net Margin % vs Software Industry
For the Software industry and Technology sector, Note's Net Margin % distribution charts can be found below:
* The bar in red indicates where Note'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.
Note (TSE:5243) has a Net Margin % of 20.83% as of Nov. 2025. Net margin is the ratio of total net income to net sales. View historical data on Note and its competitors. According to the industry distribution chart, Note ranks #380 out of 2827 companies in the Software industry, placing it in the top 13.4%.
Is Note's Net Margin % too high?
Note's current Net Margin % is 20.83%. The Software industry median Net Margin % is 2.54. Note's value of 20.83% is 720.1% above this industry median. Based on the distribution chart, Note ranks #380 out of 2827 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Note has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Note's Net Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Note ranks #380 out of 2827 companies for Net Margin %. This places Note in the top 13% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.54. Note's value of 20.83% is 720.1% above this benchmark. 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 2.54, based on 2,827 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. Note's current Net Margin % of 20.83% is 720.1% 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 Note and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Note's current Net Margin % is 20.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Note stock overvalued right now?
Based on GuruFocus' analysis, Note (TSE:5243) is currently considered Significantly Overvalued. The stock's GF Value™ is 円995.67, compared to a current price of 円1,745.00 — trading 75.3% above its estimated fair value. The current Net Margin % is 20.83% and 720.1% above the Software industry median of 2.54. Note's overall GF Score™ is 62/100 with 3 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 Note (TSE:5243), the current Net Margin % is 20.83% as of Nov. 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 Note (TSE:5243) Overvalued in 2026?
Based on GuruFocus' analysis, Note stock appears to be overvalued.
The current stock price of 円1,745.00 is trading 75.3% above its estimated GF Value™ of 円995.67.
GuruFocus considers Note to be Significantly Overvalued.
Key valuation signals for TSE:5243:
Net Margin %: 20.83%
GF Value™: 円995.67 vs. price of 円1,745.00 (75.3% above fair value)
Industry Position: 720.1% above the Software median (#380 of 2827)
No single metric tells the full story. See the TSE:5243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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