Net margin is calculated as Net Income divided by its Revenue. Topcon's Net Income for the
three
months ended in Sep. 2025 was 円-7,944 Mil. Topcon's Revenue for the
three
months ended in Sep. 2025 was 円52,142 Mil. Therefore, Topcon's net margin for the quarter that ended in Sep. 2025 was -15.24%.
The historical rank and industry rank for Topcon's Net Margin % or its related term are showing as below:
TSE:7732'
s Net Margin % Range Over the Past 10 Years
Min: -4.57 Med: 3.32 Max: 6.06
Current: -4.57
TSE:7732's Net Margin % is not ranked
in the Hardware industry.
Industry Median: 2.7
vs TSE:7732: -4.57
Topcon (TSE:7732) 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.
Topcon Net Margin % Related Terms
Topcon Net Margin % Historical Data
* Premium members only.
The historical data trend for Topcon'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:7732 vs GRMN, KEYS, COHR: Net Margin % Comparison
For the Scientific & Technical Instruments subindustry, Topcon'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.
Topcon Net Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Topcon's Net Margin % distribution charts can be found below:
* The bar in red indicates where Topcon'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.
Topcon (TSE:7732) has a Net Margin % of -15.24% as of Sep. 2025. Net margin is the ratio of total net income to net sales. View historical data on Topcon and its competitors.
Is Topcon's Net Margin % too high?
Topcon's current Net Margin % is -15.24%. Overall, Topcon has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Topcon's Net Margin % compare to GRMN and KEYS?
Topcon's Net Margin % of -15.24% can be compared against companies in the Hardware industry. The industry median Net Margin % is 2.70. 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. 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 Topcon 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. Topcon's current Net Margin % is -15.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topcon stock overvalued right now?
Topcon (TSE:7732) has a current Net Margin % of -15.24%. The stock's GF Value™ is 円1,799.46, compared to a current price of 円3,280.00 — trading 82.3% above its estimated fair value. The current Net Margin % is -15.24%. Topcon's overall GF Score™ is 57/100 with 9 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 Topcon (TSE:7732), the current Net Margin % is -15.24% as of Sep. 2025. 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 Topcon (TSE:7732) Overvalued in 2026?
Based on GuruFocus' analysis, Topcon stock appears to be overvalued.
The current stock price of 円3,280.00 is trading 82.3% above its estimated GF Value™ of 円1,799.46.
Key valuation signals for TSE:7732:
Net Margin %: -15.24%
GF Value™: 円1,799.46 vs. price of 円3,280.00 (82.3% above fair value)
No single metric tells the full story. See the TSE:7732 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topcon Corp sells ophthalmic instruments, medical equipment, machine control systems, and GPS-related products. Its operations are structured around three main areas: the Positioning Business, Eye Care Business, and Other. The Positioning division handles products such as total stations, 3D laser scanners, ICT automated construction systems, IT agricultural systems, GNSS receivers for surveying, laser equipment, and software for construction and civil engineering. The Eye Care division provides 3D fundus imaging devices, fundus cameras, auto and kerato refractors, slit lamps, tonometers, lens meters, ophthalmic laser systems, and related software for image management and electronic medical records.
57GF Score
Get the complete analysis for TSE:7732
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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