TotechTSE:9960 +2.39%94 Net Margin % is 8.55% as of Mar. 2026, which is 103% above its 10-year median of 4.21. GuruFocus rates TSE:9960 with a GF Score™ of 94/100 and a GF Value™ of 円3,136.42 (Modestly Overvalued). Among 2,473 Hardware companies, Totech ranks better than 73.51% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Totech's Net Income for the
three
months ended in Mar. 2026 was 円4,001 Mil. Totech's Revenue for the
three
months ended in Mar. 2026 was 円46,818 Mil. Therefore, Totech's net margin for the quarter that ended in Mar. 2026 was 8.55%.
The historical rank and industry rank for Totech's Net Margin % or its related term are showing as below:
TSE:9960'
s Net Margin % Range Over the Past 10 Years
Min: 3.22 Med: 4.21 Max: 7.73
Current: 7.73
TSE:9960's Net Margin % is ranked better than 73.51% of 2473
companies
in the Hardware industry
Industry Median: 2.7
vs TSE:9960: 7.73
Totech (TSE:9960) 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.
Totech Net Margin % Related Terms
Totech Net Margin % Historical Data
* Premium members only.
The historical data trend for Totech'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:9960 vs APH, GLW, TEL: Net Margin % Comparison
For the Electronic Components subindustry, Totech'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.
Totech Net Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Totech's Net Margin % distribution charts can be found below:
* The bar in red indicates where Totech'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.
Totech (TSE:9960) has a Net Margin % of 8.55% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Totech and its competitors. This is 103% above median its historical median of 4.21. Over the past decade, Totech's Net Margin % has ranged from 3.22 to 7.73. According to the industry distribution chart, Totech ranks #655 out of 2473 companies in the Hardware industry, placing it in the top 26.5%.
Is Totech's Net Margin % too high?
Totech's current Net Margin % of 8.55% is 103% above median its 10-year median of 4.21. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 7.73. The Hardware industry median Net Margin % is 2.70. Totech's value of 8.55% is 216.7% above this industry median. Based on the distribution chart, Totech ranks #655 out of 2473 companies in the Hardware industry, which is above the industry midpoint. Overall, Totech has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Totech's Net Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Totech ranks #655 out of 2473 companies for Net Margin %. This puts Totech in the upper half of its industry. The industry median Net Margin % is 2.70. Totech's value of 8.55% is 216.7% above this benchmark. Historically, Totech's own Net Margin % has ranged from 3.22 to 7.73 over the past decade. While the company's 10-year median is 4.21 vs. the industry median of 2.70, Totech 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 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. Totech's current Net Margin % of 8.55% is 216.7% 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 Totech 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. Totech's current Net Margin % is 8.55%, which is 103% above median its own 10-year median of 4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Totech stock overvalued right now?
Based on GuruFocus' analysis, Totech (TSE:9960) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,136.42, compared to a current price of 円4,075.00 — trading 29.9% above its estimated fair value. The current Net Margin % is 8.55%, which is 103% above median its 10-year median of 4.21 and 216.7% above the Hardware industry median of 2.70. Totech's overall GF Score™ is 94/100. 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 Totech (TSE:9960), the current Net Margin % is 8.55% 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 Totech (TSE:9960) Overvalued in 2026?
Based on GuruFocus' analysis, Totech stock appears to be overvalued.
The current stock price of 円4,075.00 is trading 29.9% above its estimated GF Value™ of 円3,136.42.
GuruFocus considers Totech to be Modestly Overvalued.
Key valuation signals for TSE:9960:
Net Margin %: 8.55% (103% above median its 10-year median of 4.21)
GF Value™: 円3,136.42 vs. price of 円4,075.00 (29.9% above fair value)
Industry Position: 216.7% above the Hardware median (#655 of 2473)
No single metric tells the full story. See the TSE:9960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Totech Corp is a Japanese company specializing in environmental control systems and energy solutions. It is engaged in installing optimal air conditioners and electric devices, and linking the control of various environmental systems in buildings and other spaces. The group's reportable segments are Product Sales Business, Construction Business, and Others. The majority of its revenue is generated from the Product Sales Business, which provides air conditioners, controllers, energy-efficient equipment, and after-sales services. The Construction Business is involved in instrumentation work, plumbing, electrical equipment work, and equipment installation work.
94GF Score
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