Are HoldingsTSE:5857 +1.92%85 Net Margin % is 2.63% as of Mar. 2026, which is 65% below its 10-year median of 7.43. GuruFocus rates TSE:5857 with a GF Score™ of 85/100 and a GF Value™ of 円3,886.03 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 242 Waste Management companies, Are Holdings ranks better than 52.89% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Are Holdings's Net Income for the
three
months ended in Mar. 2026 was 円4,872 Mil. Are Holdings's Revenue for the
three
months ended in Mar. 2026 was 円185,337 Mil. Therefore, Are Holdings's net margin for the quarter that ended in Mar. 2026 was 2.63%.
The historical rank and industry rank for Are Holdings's Net Margin % or its related term are showing as below:
TSE:5857'
s Net Margin % Range Over the Past 10 Years
Min: -1.14 Med: 7.43 Max: 15.61
Current: 4.29
TSE:5857's Net Margin % is ranked better than 52.89% of 242
companies
in the Waste Management industry
Industry Median: 3.9
vs TSE:5857: 4.29
Are Holdings (TSE:5857) 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.
Are Holdings Net Margin % Related Terms
Are Holdings Net Margin % Historical Data
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The historical data trend for Are Holdings'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.
For the Waste Management subindustry, Are Holdings'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.
Are Holdings Net Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Are Holdings's Net Margin % distribution charts can be found below:
* The bar in red indicates where Are Holdings'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.
Are Holdings (TSE:5857) has a Net Margin % of 2.63% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Are Holdings and its competitors. This is 65% below median its historical median of 7.43. According to the industry distribution chart, Are Holdings ranks #114 out of 242 companies in the Waste Management industry, placing it in the top 47.1%.
Is Are Holdings' Net Margin % too high?
Are Holdings' current Net Margin % of 2.63% is 65% below median its 10-year median of 7.43. The Waste Management industry median Net Margin % is 3.90. Are Holdings' value of 2.63% is 32.6% below this industry median. Based on the distribution chart, Are Holdings ranks #114 out of 242 companies in the Waste Management industry, which is above the industry midpoint. Overall, Are Holdings has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Are Holdings' Net Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Are Holdings ranks #114 out of 242 companies for Net Margin %. This puts Are Holdings in the upper half of its industry. The industry median Net Margin % is 3.90. Are Holdings' value of 2.63% is 32.6% below this benchmark. While the company's 10-year median is 7.43 vs. the industry median of 3.90, Are Holdings has consistently been below 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 Waste Management company?
The median Net Margin % among Waste Management companies is 3.90, based on 242 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. Are Holdings's current Net Margin % of 2.63% is 32.6% below 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 Are Holdings and its competitors. For the Waste Management industry, the median Net Margin % is 3.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Are Holdings's current Net Margin % is 2.63%, which is 65% below median its own 10-year median of 7.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Are Holdings stock overvalued right now?
Based on GuruFocus' analysis, Are Holdings (TSE:5857) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,886.03, compared to a current price of 円2,915.00 — trading 25% below its estimated fair value. The current Net Margin % is 2.63%, which is 65% below median its 10-year median of 7.43 and 32.6% below the Waste Management industry median of 3.90. Are Holdings' overall GF Score™ is 85/100 with 7 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 Are Holdings (TSE:5857), the current Net Margin % is 2.63% 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 Are Holdings (TSE:5857) Overvalued in 2026?
Based on GuruFocus' analysis, Are Holdings stock appears to be undervalued.
The current stock price of 円2,915.00 is trading 25% below its estimated GF Value™ of 円3,886.03.
GuruFocus considers Are Holdings to be Modestly Undervalued.
Key valuation signals for TSE:5857:
Net Margin %: 2.63% (65% below median its 10-year median of 7.43)
GF Value™: 円3,886.03 vs. price of 円2,915.00 (25% below fair value)
Industry Position: 32.6% below the Waste Management median (#114 of 242)
No single metric tells the full story. See the TSE:5857 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Are Holdings Inc formerly Asahi Holdings Inc is operative in the Japanese waste management industry. The company's principal interest lies in the precious metals recycling activities. This segment deals with the recycling and sale of precious metals and rare metals, including gold, silver, palladium, platinum, and indium, which are refined from precious metal-containing scraps inclusive of electronic materials, dental materials, jewelry manufacture and automobile catalysts. Asahi's secondary line of business is responsible for the collection, transportation and intermediate treatment of industrial wastes, such as waste acids, waste alkalis, waste oil, sludge, waste drugs and infectious medical wastes.
85GF Score
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