Iceco (TSE:7698) Net Margin %: -0.27% (As of Mar. 2026)


TSE:7698 Iceco Inc TSE:7698
65 GF Score
Price 円2,490.00
GF Value 円1,872.75
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Iceco Net Margin %?

Iceco TSE:7698 +1.01% 65 Net Margin % is -0.27% as of Mar. 2026. GuruFocus rates TSE:7698 with a GF Score™ of 65/100 and a GF Value™ of 円1,872.75 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 310 Retail - Defensive companies, Iceco ranks worse than 71.94% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Iceco's Net Income for the six months ended in Mar. 2026 was 円-74 Mil. Iceco's Revenue for the six months ended in Mar. 2026 was 円26,939 Mil. Therefore, Iceco's net margin for the quarter that ended in Mar. 2026 was -0.27%.

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

TSE:7698' s Net Margin % Range Over the Past 10 Years
Min: 0.32   Med: 0.63   Max: 1.29
Current: 0.65


TSE:7698's Net Margin % is ranked worse than
71.94% of 310 companies
in the Retail - Defensive industry
Industry Median: 2.155 vs TSE:7698: 0.65

Iceco  (TSE:7698) 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.


Iceco Net Margin % Related Terms


Iceco Net Margin % Historical Data

* Premium members only.

The historical data trend for Iceco'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.

Iceco Net Margin % Chart

Iceco Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial 0.60 0.32 0.63 0.88 0.65

Iceco Semi-Annual Data
Mar19 Mar20 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 -0.33 1.31 0.39 1.46 -0.27

TSE:7698 vs SYY, USFD, PFGC: Net Margin % Comparison

For the Food Distribution subindustry, Iceco'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.


Iceco Net Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Iceco's Net Margin % distribution charts can be found below:

* The bar in red indicates where Iceco's Net Margin % falls into.


TSE:7698
65GF Score
Iceco Inc TSE:7698
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Iceco 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.

Iceco'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 )
=374.997/57716.328
=0.65 %

Iceco'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 )
=-73.627/26939.494
=-0.27 %

* 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 -0.27% mean?
Iceco (TSE:7698) has a Net Margin % of -0.27% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Iceco and its competitors. Over the past decade, Iceco's Net Margin % has ranged from 0.32 to 1.29. According to the industry distribution chart, Iceco ranks #223 out of 310 companies in the Retail - Defensive industry, placing it in the top 71.9%.
Is Iceco's Net Margin % too high?
Iceco's current Net Margin % is -0.27%. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.29. Based on the distribution chart, Iceco ranks #223 out of 310 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Iceco has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iceco's Net Margin % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Iceco ranks #223 out of 310 companies for Net Margin %. This places Iceco in the lower half of its industry. The industry median Net Margin % is 2.16. Historically, Iceco's own Net Margin % has ranged from 0.32 to 1.29 over the past decade. 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 Retail - Defensive company?
The median Net Margin % among Retail - Defensive companies is 2.16, based on 310 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 Iceco and its competitors. For the Retail - Defensive industry, the median Net Margin % is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iceco's current Net Margin % is -0.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iceco stock overvalued right now?
Based on GuruFocus' analysis, Iceco (TSE:7698) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,872.75, compared to a current price of 円2,490.00 — trading 33% above its estimated fair value. The current Net Margin % is -0.27%. Iceco's overall GF Score™ is 65/100 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 Iceco (TSE:7698), the current Net Margin % is -0.27% 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 Iceco (TSE:7698) Overvalued in 2026?

Based on GuruFocus' analysis, Iceco stock appears to be overvalued. The current stock price of 円2,490.00 is trading 33% above its estimated GF Value™ of 円1,872.75. GuruFocus considers Iceco to be Significantly Overvalued.

Key valuation signals for TSE:7698:

  • Net Margin %: -0.27%
  • GF Value™: 円1,872.75 vs. price of 円2,490.00 (33% above fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the TSE:7698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iceco Business Description

Address 1212 Shinbashicho, Yokohama Izumi-ku, Kanagawa, Tokyo, JPN, 245-0009
Iceco Inc is principally involved in the wholesale of frozen foods and ice cream. The company is also engaged in the supermarket business, which operates a food supermarket. The company generates the majority of its revenue from the Frozen food business.
65GF Score

Get the complete analysis for TSE:7698

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

円2,490.00
Price
円1,872.75
GF Value