UEXTSE:9888 +0.41%69 Net Margin % is 1.55% as of Mar. 2026, which is 24% below its 10-year median of 2.05. GuruFocus rates TSE:9888 with a GF Score™ of 69/100 and a GF Value™ of 円881.69 (Fairly Valued). The stock has 9 warning signs investors should review. Among 612 Steel companies, UEX ranks worse than 55.07% on this metric.
Net margin is calculated as Net Income divided by its Revenue. UEX's Net Income for the
six
months ended in Mar. 2026 was 円392 Mil. UEX's Revenue for the
six
months ended in Mar. 2026 was 円25,276 Mil. Therefore, UEX's net margin for the quarter that ended in Mar. 2026 was 1.55%.
The historical rank and industry rank for UEX's Net Margin % or its related term are showing as below:
TSE:9888'
s Net Margin % Range Over the Past 10 Years
Min: 0.45 Med: 2.05 Max: 5.25
Current: 1.34
TSE:9888's Net Margin % is ranked worse than 55.07% of 612
companies
in the Steel industry
Industry Median: 1.86
vs TSE:9888: 1.34
UEX (TSE:9888) 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.
UEX Net Margin % Related Terms
UEX Net Margin % Historical Data
* Premium members only.
The historical data trend for UEX'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:9888 vs NUE, STLD, RS: Net Margin % Comparison
For the Steel subindustry, UEX'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.
UEX Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, UEX's Net Margin % distribution charts can be found below:
* The bar in red indicates where UEX'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.
UEX (TSE:9888) has a Net Margin % of 1.55% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on UEX and its competitors. This is 24% below median its historical median of 2.05. Over the past decade, UEX's Net Margin % has ranged from 0.45 to 5.25. According to the industry distribution chart, UEX ranks #337 out of 612 companies in the Steel industry, placing it in the top 55.1%.
Is UEX's Net Margin % too high?
UEX's current Net Margin % of 1.55% is 24% below median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 5.25. The Steel industry median Net Margin % is 1.86. UEX's value of 1.55% is 16.7% below this industry median. Based on the distribution chart, UEX ranks #337 out of 612 companies in the Steel industry, which is below the industry midpoint. Overall, UEX has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does UEX's Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, UEX ranks #337 out of 612 companies for Net Margin %. This places UEX in the lower half of its industry. The industry median Net Margin % is 1.86. UEX's value of 1.55% is 16.7% below this benchmark. Historically, UEX's own Net Margin % has ranged from 0.45 to 5.25 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 1.86, UEX 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 612 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. UEX's current Net Margin % of 1.55% is 16.7% 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 UEX 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. UEX's current Net Margin % is 1.55%, which is 24% below median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UEX stock overvalued right now?
Based on GuruFocus' analysis, UEX (TSE:9888) is currently considered Fairly Valued. The stock's GF Value™ is 円881.69, compared to a current price of 円974.00 — trading 10.5% above its estimated fair value. The current Net Margin % is 1.55%, which is 24% below median its 10-year median of 2.05 and 16.7% below the Steel industry median of 1.86. UEX's overall GF Score™ is 69/100 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 UEX (TSE:9888), the current Net Margin % is 1.55% 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 UEX (TSE:9888) Overvalued in 2026?
Based on GuruFocus' analysis, UEX stock appears to be overvalued.
The current stock price of 円974.00 is trading 10.5% above its estimated GF Value™ of 円881.69.
GuruFocus considers UEX to be Fairly Valued.
Key valuation signals for TSE:9888:
Net Margin %: 1.55% (24% below median its 10-year median of 2.05)
GF Value™: 円881.69 vs. price of 円974.00 (10.5% above fair value)
Industry Position: 16.7% below the Steel median (#337 of 612)
No single metric tells the full story. See the TSE:9888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
UEX Ltd is engaged in sales of stainless steel, titanium, and machinery equipment. The products and services of the company include stainless steel plate, steel strip, duplex stainless steel, cutting service, quality assurance, and quality control.
69GF Score
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