Kose Holdings (FRA:49K) Operating Margin %: 5.45% (As of Dec. 2025) — 45% Below Median


FRA:49K Kose Holdings Corp FRA:49K
70 GF Score
Price €27.40
GF Value €48.47
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Kose Holdings Operating Margin %?

Kose Holdings FRA:49K +2.24% 70 Operating Margin % is 5.45% as of Dec. 2025, which is 45% below its 10-year median of 9.97. GuruFocus rates FRA:49K with a GF Score™ of 70/100 and a GF Value™ of €48.47 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,951 Consumer Packaged Goods companies, Kose Holdings ranks worse than 57.77% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kose Holdings's Operating Income for the three months ended in Dec. 2025 was €27 Mil. Kose Holdings's Revenue for the three months ended in Dec. 2025 was €491 Mil. Therefore, Kose Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was 5.45%.

Warning Sign:

Kose Holdings Corp operating margin has been in a 5-year decline. The average rate of decline per year is -10.6%.

The historical rank and industry rank for Kose Holdings's Operating Margin % or its related term are showing as below:

FRA:49K' s Operating Margin % Range Over the Past 10 Years
Min: 3.9   Med: 9.97   Max: 15.96
Current: 3.9


FRA:49K's Operating Margin % is ranked worse than
57.77% of 1951 companies
in the Consumer Packaged Goods industry
Industry Median: 5.26 vs FRA:49K: 3.90

Kose Holdings's 5-Year Average Operating Margin % Growth Rate was -10.60% per year.

Kose Holdings's Operating Income for the three months ended in Dec. 2025 was €27 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €73 Mil.


Kose Holdings  (FRA:49K) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Kose Holdings Operating Margin % Related Terms


Kose Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Kose Holdings's Operating 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.

Kose Holdings Operating Margin % Chart

Kose Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.76 7.65 5.32 5.38 5.59

Kose Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating 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 8.43 5.71 2.82 5.45 1.32

FRA:49K vs PG, CL, KVUE: Operating Margin % Comparison

For the Household & Personal Products subindustry, Kose Holdings's Operating Margin %, along with its competitors' market caps and Operating 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.


Kose Holdings Operating Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kose Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Kose Holdings's Operating Margin % falls into.


FRA:49K
70GF Score
Kose Holdings Corp FRA:49K
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kose Holdings Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Kose Holdings's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=101.161 / 1808.58
=5.59 %

Kose Holdings's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=26.779 / 491.225
=5.45 %

* 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 Operating Margin % →
What does a Operating Margin % of 5.45% mean?
Kose Holdings (FRA:49K) has a Operating Margin % of 5.45% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Kose Holdings and its competitors. This is 45% below median its historical median of 9.97. Over the past decade, Kose Holdings' Operating Margin % has ranged from 3.90 to 15.96. According to the industry distribution chart, Kose Holdings ranks #1127 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 57.8%.
Is Kose Holdings' Operating Margin % too high?
Kose Holdings' current Operating Margin % of 5.45% is 45% below median its 10-year median of 9.97. Over the past 10 years, this metric has ranged from a low of 3.90 to a high of 15.96. The Consumer Packaged Goods industry median Operating Margin % is 5.26. Kose Holdings' value of 5.45% is 3.6% above this industry median. Based on the distribution chart, Kose Holdings ranks #1127 out of 1951 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Kose Holdings has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kose Holdings' Operating Margin % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Kose Holdings ranks #1127 out of 1951 companies for Operating Margin %. This places Kose Holdings in the lower half of its industry. The industry median Operating Margin % is 5.26. Kose Holdings' value of 5.45% is 3.6% above this benchmark. Historically, Kose Holdings' own Operating Margin % has ranged from 3.90 to 15.96 over the past decade. While the company's 10-year median is 9.97 vs. the industry median of 5.26, Kose Holdings 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 Operating Margin % for a Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.26, based on 1,951 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kose Holdings's current Operating Margin % of 5.45% is 3.6% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Kose Holdings and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kose Holdings's current Operating Margin % is 5.45%, which is 45% below median its own 10-year median of 9.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kose Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kose Holdings (FRA:49K) is currently considered Significantly Undervalued. The stock's GF Value™ is €48.47, compared to a current price of €27.40 — trading 43.5% below its estimated fair value. The current Operating Margin % is 5.45%, which is 45% below median its 10-year median of 9.97 and 3.6% above the Consumer Packaged Goods industry median of 5.26. Kose Holdings' overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Kose Holdings (FRA:49K), the current Operating Margin % is 5.45% 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 Kose Holdings (FRA:49K) Overvalued in 2026?

Based on GuruFocus' analysis, Kose Holdings stock appears to be undervalued. The current stock price of €27.40 is trading 43.5% below its estimated GF Value™ of €48.47. GuruFocus considers Kose Holdings to be Significantly Undervalued.

Key valuation signals for FRA:49K:

  • Operating Margin %: 5.45% (45% below median its 10-year median of 9.97)
  • GF Value™: €48.47 vs. price of €27.40 (43.5% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 3.6% above the Consumer Packaged Goods median (#1127 of 1951)

No single metric tells the full story. See the FRA:49K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kose Holdings Business Description

Address 3-6-2 Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8251
Kose is Japan's second-largest beauty company, best known for its prestige skincare brands such as Decorte and Albion. Founded in 1946, the company remains under the management of the Kobayashi family. Albion, a fully consolidated subsidiary in which Kose holds a 79.5% stake, operates independently under a separate brand of the Kobayashi family. With a portfolio of 37 brands spanning multiple price points, the group captured approximately 15% of Japan's premium beauty segment in 2024, according to Euromonitor. Japan remains its core market, contributing over 60% of sales, followed by North America (19%) and Asia (13%). The company distributes its products through a diversified channel mix of department stores, specialty retailers, drugstores, travel retail, and e-commerce platforms.
70GF Score

Get the complete analysis for FRA:49K

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

€27.40
Price
€48.47
GF Value