HOKUETSU METAL Co (TSE:5446) Net Margin %: -3.15% (As of Mar. 2026)


TSE:5446 HOKUETSU METAL Co Ltd TSE:5446
61 GF Score
Price 円1,140.00
GF Value 円1,100.70
Valuation Fairly Valued
! 4 Warning Signs
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What is HOKUETSU METAL Co Net Margin %?

HOKUETSU METAL Co TSE:5446 61 Net Margin % is -3.15% as of Mar. 2026. GuruFocus rates TSE:5446 with a GF Score™ of 61/100 and a GF Value™ of 円1,100.70 (Fairly Valued). The stock has 4 warning signs investors should review. Among 610 Steel companies, HOKUETSU METAL Co ranks worse than 76.72% on this metric.

Net margin is calculated as Net Income divided by its Revenue. HOKUETSU METAL Co's Net Income for the six months ended in Mar. 2026 was 円-353 Mil. HOKUETSU METAL Co's Revenue for the six months ended in Mar. 2026 was 円11,201 Mil. Therefore, HOKUETSU METAL Co's net margin for the quarter that ended in Mar. 2026 was -3.15%.

The historical rank and industry rank for HOKUETSU METAL Co's Net Margin % or its related term are showing as below:

TSE:5446' s Net Margin % Range Over the Past 10 Years
Min: -3.54   Med: 1.78   Max: 4.27
Current: -1.44


TSE:5446's Net Margin % is ranked worse than
76.72% of 610 companies
in the Steel industry
Industry Median: 1.865 vs TSE:5446: -1.44

HOKUETSU METAL Co  (TSE:5446) 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.


HOKUETSU METAL Co Net Margin % Related Terms


HOKUETSU METAL Co Net Margin % Historical Data

* Premium members only.

The historical data trend for HOKUETSU METAL Co'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.

HOKUETSU METAL Co Net Margin % Chart

HOKUETSU METAL Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.54 3.26 1.47 1.99 -1.44

HOKUETSU METAL Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 1.28 2.83 0.11 -3.15

TSE:5446 vs NUE, STLD, RS: Net Margin % Comparison

For the Steel subindustry, HOKUETSU METAL 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.


HOKUETSU METAL Co Net Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, HOKUETSU METAL Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where HOKUETSU METAL Co's Net Margin % falls into.


TSE:5446
61GF Score
HOKUETSU METAL Co Ltd TSE:5446
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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HOKUETSU METAL Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

HOKUETSU METAL Co's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=-339.417/23598.291
=-1.44 %

HOKUETSU METAL Co's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-353.228/11200.976
=-3.15 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -3.15% mean?
HOKUETSU METAL Co (TSE:5446) has a Net Margin % of -3.15% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on HOKUETSU METAL Co and its competitors. According to the industry distribution chart, HOKUETSU METAL Co ranks #468 out of 610 companies in the Steel industry, placing it in the top 76.7%.
Is HOKUETSU METAL Co's Net Margin % too high?
HOKUETSU METAL Co's current Net Margin % is -3.15%. Based on the distribution chart, HOKUETSU METAL Co ranks #468 out of 610 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, HOKUETSU METAL Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HOKUETSU METAL Co's Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, HOKUETSU METAL Co ranks #468 out of 610 companies for Net Margin %. This places HOKUETSU METAL Co in the lower half of its industry. The industry median Net Margin % is 1.87. 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 Steel company?
The median Net Margin % among Steel companies is 1.87, based on 610 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 HOKUETSU METAL Co and its competitors. For the Steel industry, the median Net Margin % is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HOKUETSU METAL Co's current Net Margin % is -3.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HOKUETSU METAL Co stock overvalued right now?
Based on GuruFocus' analysis, HOKUETSU METAL Co (TSE:5446) is currently considered Fairly Valued. The stock's GF Value™ is 円1,100.70, compared to a current price of 円1,140.00 — trading 3.6% above its estimated fair value. The current Net Margin % is -3.15%. HOKUETSU METAL Co's overall GF Score™ is 61/100 with 4 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 HOKUETSU METAL Co (TSE:5446), the current Net Margin % is -3.15% as of Mar. 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 HOKUETSU METAL Co (TSE:5446) Overvalued in 2026?

Based on GuruFocus' analysis, HOKUETSU METAL Co stock appears to be overvalued. The current stock price of 円1,140.00 is trading 3.6% above its estimated GF Value™ of 円1,100.70. GuruFocus considers HOKUETSU METAL Co to be Fairly Valued.

Key valuation signals for TSE:5446:

  • Net Margin %: -3.15%
  • GF Value™: 円1,100.70 vs. price of 円1,140.00 (3.6% above fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the TSE:5446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HOKUETSU METAL Co Business Description

Address 3-3-1, Zao Nagaoka shi, Niigata-ken, JPN, 9400028
HOKUETSU METAL Co Ltd operates in the iron and steel industry. The principal business activities of the company include the manufacturing and processing of primary products such as steel, non-base metals and alloys, steel structures, and various other mechanical devices.
61GF Score

Get the complete analysis for TSE:5446

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,140.00
Price
円1,100.70
GF Value