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Heiwa Paper CoTSE:9929 +1.06%70 Net Margin % is 0.89% as of Mar. 2026, which is 5% above its 10-year median of 0.85. GuruFocus rates TSE:9929 with a GF Score™ of 70/100 and a GF Value™ of 円437.66 (Fairly Valued). The stock has 4 warning signs investors should review. Among 282 Forest Products companies, Heiwa Paper Co ranks worse than 55.67% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Heiwa Paper Co's Net Income for the
three
months ended in Mar. 2026 was 円37 Mil. Heiwa Paper Co's Revenue for the
three
months ended in Mar. 2026 was 円4,194 Mil. Therefore, Heiwa Paper Co's net margin for the quarter that ended in Mar. 2026 was 0.89%.
The historical rank and industry rank for Heiwa Paper Co's Net Margin % or its related term are showing as below:
TSE:9929'
s Net Margin % Range Over the Past 10 Years
Min: -0.24 Med: 0.85 Max: 5.44
Current: 0.69
TSE:9929's Net Margin % is ranked worse than 55.67% of 282
companies
in the Forest Products industry
Industry Median: 1.21
vs TSE:9929: 0.69
Heiwa Paper Co (TSE:9929) 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.
Heiwa Paper Co Net Margin % Related Terms
Heiwa Paper Co Net Margin % Historical Data
* Premium members only.
The historical data trend for Heiwa Paper Co'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 Paper & Paper Products subindustry, Heiwa Paper Co'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.
Heiwa Paper Co Net Margin % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Heiwa Paper Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Heiwa Paper Co'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.
Heiwa Paper Co (TSE:9929) has a Net Margin % of 0.89% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Heiwa Paper Co and its competitors. This is near median its historical median of 0.85. According to the industry distribution chart, Heiwa Paper Co ranks #157 out of 282 companies in the Forest Products industry, placing it in the top 55.7%.
Is Heiwa Paper Co's Net Margin % too high?
Heiwa Paper Co's current Net Margin % of 0.89% is near median its 10-year median of 0.85. The Forest Products industry median Net Margin % is 1.21. Heiwa Paper Co's value of 0.89% is 26.4% below this industry median. Based on the distribution chart, Heiwa Paper Co ranks #157 out of 282 companies in the Forest Products industry, which is below the industry midpoint. Overall, Heiwa Paper Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heiwa Paper Co's Net Margin % compare to competitors?
According to the Forest Products industry distribution chart, Heiwa Paper Co ranks #157 out of 282 companies for Net Margin %. This places Heiwa Paper Co in the lower half of its industry. The industry median Net Margin % is 1.21. Heiwa Paper Co's value of 0.89% is 26.4% below this benchmark. While the company's 10-year median is 0.85 vs. the industry median of 1.21, Heiwa Paper Co 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 Forest Products company?
The median Net Margin % among Forest Products companies is 1.21, based on 282 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. Heiwa Paper Co's current Net Margin % of 0.89% is 26.4% 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 Heiwa Paper Co and its competitors. For the Forest Products industry, the median Net Margin % is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heiwa Paper Co's current Net Margin % is 0.89%, which is near median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heiwa Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Heiwa Paper Co (TSE:9929) is currently considered Fairly Valued. The stock's GF Value™ is 円437.66, compared to a current price of 円477.00 — trading 9% above its estimated fair value. The current Net Margin % is 0.89%, which is near median its 10-year median of 0.85 and 26.4% below the Forest Products industry median of 1.21. Heiwa Paper Co's overall GF Score™ is 70/100 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 Heiwa Paper Co (TSE:9929), the current Net Margin % is 0.89% 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 Heiwa Paper Co (TSE:9929) Overvalued in 2026?
Based on GuruFocus' analysis, Heiwa Paper Co stock appears to be overvalued.
The current stock price of 円477.00 is trading 9% above its estimated GF Value™ of 円437.66.
GuruFocus considers Heiwa Paper Co to be Fairly Valued.
Key valuation signals for TSE:9929:
Net Margin %: 0.89% (near median its 10-year median of 0.85)
GF Value™: 円437.66 vs. price of 円477.00 (9% above fair value)
Industry Position: 26.4% below the Forest Products median (#157 of 282)
No single metric tells the full story. See the TSE:9929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heiwa Paper Co Ltd develops, sells, exports and imports specialty papers, high-grade papers, industrial papers, and other paper materials. It also develops and commercializes new paper products. The company's product profile includes Exo Raxa, TANT, Deep Mat, Gokanshi, Cotton Life S, Satogami, Bunpel, SS-Soft, Mandala, Snow Petal, Kishu Rainbow, and others.
70GF Score
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