NirecoTSE:6863 87 Net Margin % is 15.72% as of Mar. 2026, which is 104% above its 10-year median of 7.71. GuruFocus rates TSE:6863 with a GF Score™ of 87/100 and a GF Value™ of 円1,856.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,473 Hardware companies, Nireco ranks better than 86.17% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Nireco's Net Income for the
six
months ended in Mar. 2026 was 円939 Mil. Nireco's Revenue for the
six
months ended in Mar. 2026 was 円5,972 Mil. Therefore, Nireco's net margin for the quarter that ended in Mar. 2026 was 15.72%.
The historical rank and industry rank for Nireco's Net Margin % or its related term are showing as below:
TSE:6863'
s Net Margin % Range Over the Past 10 Years
Min: 4.98 Med: 7.71 Max: 14.53
Current: 13.08
TSE:6863's Net Margin % is ranked better than 86.17% of 2473
companies
in the Hardware industry
Industry Median: 2.7
vs TSE:6863: 13.08
Nireco (TSE:6863) 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.
Nireco Net Margin % Related Terms
Nireco Net Margin % Historical Data
* Premium members only.
The historical data trend for Nireco'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:6863 vs COHR, KEYS, GRMN: Net Margin % Comparison
For the Scientific & Technical Instruments subindustry, Nireco'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.
Nireco Net Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Nireco's Net Margin % distribution charts can be found below:
* The bar in red indicates where Nireco'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.
Nireco (TSE:6863) has a Net Margin % of 15.72% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Nireco and its competitors. This is 104% above median its historical median of 7.71. Over the past decade, Nireco's Net Margin % has ranged from 4.98 to 14.53. According to the industry distribution chart, Nireco ranks #342 out of 2473 companies in the Hardware industry, placing it in the top 13.8%.
Is Nireco's Net Margin % too high?
Nireco's current Net Margin % of 15.72% is 104% above median its 10-year median of 7.71. Over the past 10 years, this metric has ranged from a low of 4.98 to a high of 14.53. The Hardware industry median Net Margin % is 2.70. Nireco's value of 15.72% is 482.2% above this industry median. Based on the distribution chart, Nireco ranks #342 out of 2473 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nireco has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nireco's Net Margin % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Nireco ranks #342 out of 2473 companies for Net Margin %. This places Nireco in the top 14% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.70. Nireco's value of 15.72% is 482.2% above this benchmark. Historically, Nireco's own Net Margin % has ranged from 4.98 to 14.53 over the past decade. While the company's 10-year median is 7.71 vs. the industry median of 2.70, Nireco has consistently been above 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 Hardware company?
The median Net Margin % among Hardware companies is 2.70, based on 2,473 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. Nireco's current Net Margin % of 15.72% is 482.2% 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 Nireco and its competitors. For the Hardware industry, the median Net Margin % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nireco's current Net Margin % is 15.72%, which is 104% above median its own 10-year median of 7.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nireco stock overvalued right now?
Based on GuruFocus' analysis, Nireco (TSE:6863) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,856.32, compared to a current price of 円2,726.00 — trading 46.8% above its estimated fair value. The current Net Margin % is 15.72%, which is 104% above median its 10-year median of 7.71 and 482.2% above the Hardware industry median of 2.70. Nireco's overall GF Score™ is 87/100 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 Nireco (TSE:6863), the current Net Margin % is 15.72% 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 Nireco (TSE:6863) Overvalued in 2026?
Based on GuruFocus' analysis, Nireco stock appears to be overvalued.
The current stock price of 円2,726.00 is trading 46.8% above its estimated GF Value™ of 円1,856.32.
GuruFocus considers Nireco to be Significantly Overvalued.
Key valuation signals for TSE:6863:
Net Margin %: 15.72% (104% above median its 10-year median of 7.71)
GF Value™: 円1,856.32 vs. price of 円2,726.00 (46.8% above fair value)
Industry Position: 482.2% above the Hardware median (#342 of 2473)
No single metric tells the full story. See the TSE:6863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nireco Corp is engaged in the development, manufacture and sale of control, measurement and inspection equipment for a wide range of industries, from steel and chemicals to food and printing. Its reportable segments include: Process business; Web business; Inspection machine business; and Optics business.
87GF Score
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