VLC Holdings Co (NGO:2467) Operating Margin %: -18.46% (As of Mar. 2026)


NGO:2467 VLC Holdings Co Ltd NGO:2467
51 GF Score
Price 円225.00
GF Value 円141.64
Valuation Significantly Overvalued
! 5 Warning Signs
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What is VLC Holdings Co Operating Margin %?

VLC Holdings Co NGO:2467 -3.43% 51 Operating Margin % is -18.46% as of Mar. 2026. GuruFocus rates NGO:2467 with a GF Score™ of 51/100 and a GF Value™ of 円141.64 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,818 Software companies, VLC Holdings Co ranks worse than 81.58% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. VLC Holdings Co's Operating Income for the six months ended in Mar. 2026 was 円-139 Mil. VLC Holdings Co's Revenue for the six months ended in Mar. 2026 was 円754 Mil. Therefore, VLC Holdings Co's Operating Margin % for the quarter that ended in Mar. 2026 was -18.46%.

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

NGO:2467' s Operating Margin % Range Over the Past 10 Years
Min: -41.96   Med: -14.24   Max: 3.63
Current: -28.41


NGO:2467's Operating Margin % is ranked worse than
81.58% of 2818 companies
in the Software industry
Industry Median: 3.865 vs NGO:2467: -28.41

VLC Holdings Co's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

VLC Holdings Co's Operating Income for the six months ended in Mar. 2026 was 円-139 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円-388 Mil.

Warning Sign:

VLC Holdings Co Ltd has never been profitable in the past 3 years. It lost money every year.


VLC Holdings Co  (NGO:2467) 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.


VLC Holdings Co Operating Margin % Related Terms


VLC Holdings Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for VLC Holdings Co'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.

VLC Holdings Co Operating Margin % Chart

VLC Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.63 3.35 -11.63 -16.84 -28.41

VLC Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.13 -29.14 -5.23 -40.67 -18.46

NGO:2467 vs IBM, ACN, FISV: Operating Margin % Comparison

For the Information Technology Services subindustry, VLC Holdings Co'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.


VLC Holdings Co Operating Margin % vs Software Industry

For the Software industry and Technology sector, VLC Holdings Co's Operating Margin % distribution charts can be found below:

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


NGO:2467
51GF Score
VLC Holdings Co Ltd NGO:2467
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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VLC Holdings Co 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.

VLC Holdings Co's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=-388.065 / 1365.823
=-28.41 %

VLC Holdings Co's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-139.148 / 753.814
=-18.46 %

* 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 -18.46% mean?
VLC Holdings Co (NGO:2467) has a Operating Margin % of -18.46% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on VLC Holdings Co and its competitors. According to the industry distribution chart, VLC Holdings Co ranks #2299 out of 2818 companies in the Software industry, placing it in the top 81.6%.
Is VLC Holdings Co's Operating Margin % too high?
VLC Holdings Co's current Operating Margin % is -18.46%. Based on the distribution chart, VLC Holdings Co ranks #2299 out of 2818 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, VLC Holdings Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VLC Holdings Co's Operating Margin % compare to IBM and ACN?
According to the Software industry distribution chart, VLC Holdings Co ranks #2299 out of 2818 companies for Operating Margin %. This places VLC Holdings Co in the lower half of its industry. The industry median Operating Margin % is 3.87. 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 Software company?
The median Operating Margin % among Software companies is 3.87, based on 2,818 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. 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 VLC Holdings Co and its competitors. For the Software industry, the median Operating Margin % is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VLC Holdings Co's current Operating Margin % is -18.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VLC Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, VLC Holdings Co (NGO:2467) is currently considered Significantly Overvalued. The stock's GF Value™ is 円141.64, compared to a current price of 円225.00 — trading 58.9% above its estimated fair value. The current Operating Margin % is -18.46%. VLC Holdings Co's overall GF Score™ is 51/100 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 VLC Holdings Co (NGO:2467), the current Operating Margin % is -18.46% 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 VLC Holdings Co (NGO:2467) Overvalued in 2026?

Based on GuruFocus' analysis, VLC Holdings Co stock appears to be overvalued. The current stock price of 円225.00 is trading 58.9% above its estimated GF Value™ of 円141.64. GuruFocus considers VLC Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:2467:

  • Operating Margin %: -18.46%
  • GF Value™: 円141.64 vs. price of 円225.00 (58.9% above fair value)
  • GF Score™: 51/100 with 5 warning signs

No single metric tells the full story. See the NGO:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VLC Holdings Co Business Description

Address No. 2, No. 2, Chuo-ku Nihombashi Bashoku-cho, Asahi Mutual Life Insurance Building, Chuo-ku, Tokyo, JPN, 103-0002
VLC Holdings Co Ltd provides consultancy services. It also offers compliance management, internet marketing research and other survey services. Its consulting business includes information security, marketing research through internet and sales promotion. It provides other services related to cybersecurity products.
51GF Score

Get the complete analysis for NGO:2467

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

円225.00
Price
円141.64
GF Value