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Neturen CoTSE:5976 +0.76%71 Net Margin % is 1.71% as of Mar. 2026, which is 31% below its 10-year median of 2.49. GuruFocus rates TSE:5976 with a GF Score™ of 71/100 and a GF Value™ of 円1,188.20 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 611 Steel companies, Neturen Co ranks better than 54.01% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Neturen Co's Net Income for the
three
months ended in Mar. 2026 was 円293 Mil. Neturen Co's Revenue for the
three
months ended in Mar. 2026 was 円17,098 Mil. Therefore, Neturen Co's net margin for the quarter that ended in Mar. 2026 was 1.71%.
The historical rank and industry rank for Neturen Co's Net Margin % or its related term are showing as below:
TSE:5976'
s Net Margin % Range Over the Past 10 Years
Min: 0.51 Med: 2.49 Max: 6.53
Current: 2.28
TSE:5976's Net Margin % is ranked better than 54.01% of 611
companies
in the Steel industry
Industry Median: 1.86
vs TSE:5976: 2.28
Neturen Co (TSE:5976) 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.
Neturen Co Net Margin % Related Terms
Neturen Co Net Margin % Historical Data
* Premium members only.
The historical data trend for Neturen 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.
TSE:5976 vs NUE, STLD, RS: Net Margin % Comparison
For the Steel subindustry, Neturen 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.
Neturen Co Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Neturen Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Neturen Co'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.
Neturen Co (TSE:5976) has a Net Margin % of 1.71% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Neturen Co and its competitors. This is 31% below median its historical median of 2.49. Over the past decade, Neturen Co's Net Margin % has ranged from 0.51 to 6.53. According to the industry distribution chart, Neturen Co ranks #281 out of 611 companies in the Steel industry, placing it in the top 46%.
Is Neturen Co's Net Margin % too high?
Neturen Co's current Net Margin % of 1.71% is 31% below median its 10-year median of 2.49. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 6.53. The Steel industry median Net Margin % is 1.86. Neturen Co's value of 1.71% is 8.1% below this industry median. Based on the distribution chart, Neturen Co ranks #281 out of 611 companies in the Steel industry, which is above the industry midpoint. Overall, Neturen Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neturen Co's Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Neturen Co ranks #281 out of 611 companies for Net Margin %. This puts Neturen Co in the upper half of its industry. The industry median Net Margin % is 1.86. Neturen Co's value of 1.71% is 8.1% below this benchmark. Historically, Neturen Co's own Net Margin % has ranged from 0.51 to 6.53 over the past decade. While the company's 10-year median is 2.49 vs. the industry median of 1.86, Neturen Co 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 Steel company?
The median Net Margin % among Steel companies is 1.86, based on 611 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. Neturen Co's current Net Margin % of 1.71% is 8.1% 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 Neturen Co and its competitors. For the Steel industry, the median Net Margin % is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neturen Co's current Net Margin % is 1.71%, which is 31% below median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neturen Co stock overvalued right now?
Based on GuruFocus' analysis, Neturen Co (TSE:5976) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,188.20, compared to a current price of 円1,323.00 — trading 11.3% above its estimated fair value. The current Net Margin % is 1.71%, which is 31% below median its 10-year median of 2.49 and 8.1% below the Steel industry median of 1.86. Neturen Co's overall GF Score™ is 71/100 with 6 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 Neturen Co (TSE:5976), the current Net Margin % is 1.71% 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 Neturen Co (TSE:5976) Overvalued in 2026?
Based on GuruFocus' analysis, Neturen Co stock appears to be overvalued.
The current stock price of 円1,323.00 is trading 11.3% above its estimated GF Value™ of 円1,188.20.
GuruFocus considers Neturen Co to be Modestly Overvalued.
Key valuation signals for TSE:5976:
Net Margin %: 1.71% (31% below median its 10-year median of 2.49)
GF Value™: 円1,188.20 vs. price of 円1,323.00 (11.3% above fair value)
Industry Position: 8.1% below the Steel median (#281 of 611)
No single metric tells the full story. See the TSE:5976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neturen Co Ltd is a steel and steel products manufacturing company. It manufactures and sells prestressing and deformed steel bars for prestressed concrete used in civil engineering and construction field; Induction Heated, Quenched and Tempered Wire used in suspension springs for auto parts and construction machine parts; and induction heating equipment for various industries. The company's segments consist of Specialty Steel and Wire Products Division and Induction Heat Treatment Service and Heating Machine Division. The majority of the revenue is derived from the manufacturing and sale of prestressing steel bars and shear reinforcement bars.
71GF Score
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