Monex GroupTSE:8698 -0.33%53 Net Margin % is 15.56% as of Dec. 2025, which is 73% above its 10-year median of 9.02. GuruFocus rates TSE:8698 with a GF Score™ of 53/100 and a GF Value™ of 円802.19 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 774 Capital Markets companies, Monex Group ranks worse than 53.23% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Monex Group's Net Income for the
three
months ended in Dec. 2025 was 円3,463 Mil. Monex Group's Revenue for the
three
months ended in Dec. 2025 was 円22,262 Mil. Therefore, Monex Group's net margin for the quarter that ended in Dec. 2025 was 15.56%.
The historical rank and industry rank for Monex Group's Net Margin % or its related term are showing as below:
TSE:8698'
s Net Margin % Range Over the Past 10 Years
Min: -6.53 Med: 9.02 Max: 37.53
Current: 12.15
TSE:8698's Net Margin % is ranked worse than 53.23% of 774
companies
in the Capital Markets industry
Industry Median: 14.305
vs TSE:8698: 12.15
Monex Group (TSE:8698) 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.
Monex Group Net Margin % Related Terms
Monex Group Net Margin % Historical Data
* Premium members only.
The historical data trend for Monex Group'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 Capital Markets subindustry, Monex Group'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.
Monex Group Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Monex Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Monex Group'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.
Monex Group (TSE:8698) has a Net Margin % of 15.56% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Monex Group and its competitors. This is 73% above median its historical median of 9.02. According to the industry distribution chart, Monex Group ranks #412 out of 774 companies in the Capital Markets industry, placing it in the top 53.2%.
Is Monex Group's Net Margin % too high?
Monex Group's current Net Margin % of 15.56% is 73% above median its 10-year median of 9.02. The Capital Markets industry median Net Margin % is 14.31. Monex Group's value of 15.56% is 8.8% above this industry median. Based on the distribution chart, Monex Group ranks #412 out of 774 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Monex Group has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Monex Group's Net Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Monex Group ranks #412 out of 774 companies for Net Margin %. This places Monex Group in the lower half of its industry. The industry median Net Margin % is 14.31. Monex Group's value of 15.56% is 8.8% above this benchmark. While the company's 10-year median is 9.02 vs. the industry median of 14.31, Monex Group 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 Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.31, based on 774 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. Monex Group's current Net Margin % of 15.56% is 8.8% 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 Monex Group and its competitors. For the Capital Markets industry, the median Net Margin % is 14.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monex Group's current Net Margin % is 15.56%, which is 73% above median its own 10-year median of 9.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monex Group stock overvalued right now?
Based on GuruFocus' analysis, Monex Group (TSE:8698) is currently considered Modestly Undervalued. The stock's GF Value™ is 円802.19, compared to a current price of 円611.00 — trading 23.8% below its estimated fair value. The current Net Margin % is 15.56%, which is 73% above median its 10-year median of 9.02 and 8.8% above the Capital Markets industry median of 14.31. Monex Group's overall GF Score™ is 53/100 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 Monex Group (TSE:8698), the current Net Margin % is 15.56% as of Dec. 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 Monex Group (TSE:8698) Overvalued in 2026?
Based on GuruFocus' analysis, Monex Group stock appears to be undervalued.
The current stock price of 円611.00 is trading 23.8% below its estimated GF Value™ of 円802.19.
GuruFocus considers Monex Group to be Modestly Undervalued.
Key valuation signals for TSE:8698:
Net Margin %: 15.56% (73% above median its 10-year median of 9.02)
GF Value™: 円802.19 vs. price of 円611.00 (23.8% below fair value)
Industry Position: 8.8% above the Capital Markets median (#412 of 774)
No single metric tells the full story. See the TSE:8698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Monex Group Inc is functional in the financial services domain of Japan. Its core business is that of securities trading. Operating in the capital markets industry, the company renders such services as online securities business, the foreign exchange (FX) trading business, as well as the provision of merger and acquisition (M&A) advisory services. Most of its revenue is in the form of brokerage derived from its capital market activities majorly in Japan and on a minor scale in the United States and China.
53GF Score
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