Sugimoto (TSE:9932) Net Margin %: 5.63% (As of Mar. 2026) — 31% Above Median

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TSE:9932 Sugimoto & Co Ltd TSE:9932
77 GF Score
Price 円1,260.00
GF Value 円1,465.07
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sugimoto Net Margin %?

Sugimoto TSE:9932 +0.88% 77 Net Margin % is 5.63% as of Mar. 2026, which is 31% above its 10-year median of 4.30. GuruFocus rates TSE:9932 with a GF Score™ of 77/100 and a GF Value™ of 円1,465.07 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 158 Industrial Distribution companies, Sugimoto ranks better than 58.23% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Sugimoto's Net Income for the six months ended in Mar. 2026 was 円1,454 Mil. Sugimoto's Revenue for the six months ended in Mar. 2026 was 円25,837 Mil. Therefore, Sugimoto's net margin for the quarter that ended in Mar. 2026 was 5.63%.

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

TSE:9932' s Net Margin % Range Over the Past 10 Years
Min: 3.79   Med: 4.3   Max: 4.91
Current: 4.35


TSE:9932's Net Margin % is ranked better than
58.23% of 158 companies
in the Industrial Distribution industry
Industry Median: 3.005 vs TSE:9932: 4.35

Sugimoto  (TSE:9932) 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.


Sugimoto Net Margin % Related Terms


Sugimoto Net Margin % Historical Data

* Premium members only.

The historical data trend for Sugimoto'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.

Sugimoto Net Margin % Chart

Sugimoto Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.79 4.61 4.02 3.88 4.35

Sugimoto Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.48 3.22 4.45 2.89 5.63

TSE:9932 vs GWW, FAST, FERG: Net Margin % Comparison

For the Industrial Distribution subindustry, Sugimoto'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.


Sugimoto Net Margin % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Sugimoto's Net Margin % distribution charts can be found below:

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


TSE:9932
77GF Score
Sugimoto & Co Ltd TSE:9932
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sugimoto 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.

Sugimoto'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 )
=2112.604/48611.621
=4.35 %

Sugimoto'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 )
=1453.82/25837.236
=5.63 %

* 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 5.63% mean?
Sugimoto (TSE:9932) has a Net Margin % of 5.63% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Sugimoto and its competitors. This is 31% above median its historical median of 4.30. Over the past decade, Sugimoto's Net Margin % has ranged from 3.79 to 4.91. According to the industry distribution chart, Sugimoto ranks #66 out of 158 companies in the Industrial Distribution industry, placing it in the top 41.8%.
Is Sugimoto's Net Margin % too high?
Sugimoto's current Net Margin % of 5.63% is 31% above median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 3.79 to a high of 4.91. The Industrial Distribution industry median Net Margin % is 3.01. Sugimoto's value of 5.63% is 87.4% above this industry median. Based on the distribution chart, Sugimoto ranks #66 out of 158 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Sugimoto has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sugimoto's Net Margin % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Sugimoto ranks #66 out of 158 companies for Net Margin %. This puts Sugimoto in the upper half of its industry. The industry median Net Margin % is 3.01. Sugimoto's value of 5.63% is 87.4% above this benchmark. Historically, Sugimoto's own Net Margin % has ranged from 3.79 to 4.91 over the past decade. While the company's 10-year median is 4.30 vs. the industry median of 3.01, Sugimoto 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 an Industrial Distribution company?
The median Net Margin % among Industrial Distribution companies is 3.01, based on 158 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. Sugimoto's current Net Margin % of 5.63% is 87.4% 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 Sugimoto and its competitors. For the Industrial Distribution industry, the median Net Margin % is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sugimoto's current Net Margin % is 5.63%, which is 31% above median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sugimoto stock overvalued right now?
Based on GuruFocus' analysis, Sugimoto (TSE:9932) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,465.07, compared to a current price of 円1,260.00 — trading 14% below its estimated fair value. The current Net Margin % is 5.63%, which is 31% above median its 10-year median of 4.30 and 87.4% above the Industrial Distribution industry median of 3.01. Sugimoto's overall GF Score™ is 77/100 with 2 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 Sugimoto (TSE:9932), the current Net Margin % is 5.63% 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 Sugimoto (TSE:9932) Overvalued in 2026?

Based on GuruFocus' analysis, Sugimoto stock appears to be undervalued. The current stock price of 円1,260.00 is trading 14% below its estimated GF Value™ of 円1,465.07. GuruFocus considers Sugimoto to be Modestly Undervalued.

Key valuation signals for TSE:9932:

  • Net Margin %: 5.63% (31% above median its 10-year median of 4.30)
  • GF Value™: 円1,465.07 vs. price of 円1,260.00 (14% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 87.4% above the Industrial Distribution median (#66 of 158)

No single metric tells the full story. See the TSE:9932 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sugimoto Business Description

Address 5-7-27 Tatemichibori, Nishi-Ku, Osaka, JPN, 550-8502
Sugimoto & Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of measuring instruments, machining equipment, and other related products. It mainly sells equipment, machinery, tools, factory supplies, consumables, etc., used in factories. The group's product portfolio comprises cylinder gauge, caliper gauge, air duster, blow gun, ratchet lever, clamping screw, cut resistant glove, office supplies, garden supplies, bolt kit, safety hoist ring, etc. Its reportable segments are based on the regions of its sales offices and include East, West, Central, and Abroad. The majority of its revenue is generated from the West Region.
77GF Score

Get the complete analysis for TSE:9932

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

円1,260.00
Price
円1,465.07
GF Value