Cross PlusNGO:3320 61 Operating Margin % is 1.51% as of Jan. 2026, which is 36% above its 10-year median of 1.11. GuruFocus rates NGO:3320 with a GF Score™ of 61/100 and a GF Value™ of 円1,022.64. The stock has 1 warning sign investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, Cross Plus ranks worse than 60.75% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Cross Plus's Operating Income for the
six
months ended in Jan. 2026 was 円464 Mil. Cross Plus's Revenue for the
six
months ended in Jan. 2026 was 円30,635 Mil. Therefore, Cross Plus's Operating Margin % for the quarter that ended in Jan. 2026 was 1.51%.
The historical rank and industry rank for Cross Plus's Operating Margin % or its related term are showing as below:
NGO:3320'
s Operating Margin % Range Over the Past 10 Years
Min: -2.64 Med: 1.11 Max: 3.36
Current: 2.33
NGO:3320's Operating Margin % is ranked worse than 60.75% of 1042
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.085
vs NGO:3320: 2.33
Cross Plus's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Cross Plus's Operating Income for the
six
months ended in Jan. 2026 was 円464 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2026 was 円1,395 Mil.
Cross Plus (NGO:3320) 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 Nokias 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.
Cross Plus Operating Margin % Related Terms
Cross Plus Operating Margin % Historical Data
* Premium members only.
The historical data trend for Cross Plus'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.
NGO:3320 vs RL, LEVI, VFC: Operating Margin % Comparison
For the Apparel Manufacturing subindustry, Cross Plus'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.
Cross Plus Operating Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cross Plus's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Cross Plus's Operating Margin % falls into.
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.
Cross Plus's Operating Margin % for the fiscal year that ended in Jan. 2026 is calculated as
* 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.
Cross Plus (NGO:3320) has a Operating Margin % of 1.51% as of Jan. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Cross Plus and its competitors. This is 36% above median its historical median of 1.11. According to the industry distribution chart, Cross Plus ranks #633 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 60.7%.
Is Cross Plus' Operating Margin % too high?
Cross Plus' current Operating Margin % of 1.51% is 36% above median its 10-year median of 1.11. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.09. Cross Plus' value of 1.51% is 63% below this industry median. Based on the distribution chart, Cross Plus ranks #633 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Cross Plus has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Cross Plus' Operating Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Cross Plus ranks #633 out of 1042 companies for Operating Margin %. This places Cross Plus in the lower half of its industry. The industry median Operating Margin % is 4.09. Cross Plus' value of 1.51% is 63% below this benchmark. While the company's 10-year median is 1.11 vs. the industry median of 4.09, Cross Plus 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 Operating Margin % for a Manufacturing - Apparel & Accessories company?
The median Operating Margin % among Manufacturing - Apparel & Accessories companies is 4.09, based on 1,042 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. Cross Plus's current Operating Margin % of 1.51% is 63% 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 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 Cross Plus and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cross Plus's current Operating Margin % is 1.51%, which is 36% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cross Plus stock overvalued right now?
Cross Plus (NGO:3320) has a current Operating Margin % of 1.51%. The stock's GF Value™ is 円1,022.64, compared to a current price of 円1,170.00 — trading 14.4% above its estimated fair value. The current Operating Margin % is 1.51%, which is 36% above median its 10-year median of 1.11 and 63% below the Manufacturing - Apparel & Accessories industry median of 4.09. Cross Plus' overall GF Score™ is 61/100 with 1 warning sign 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 Cross Plus (NGO:3320), the current Operating Margin % is 1.51% as of Jan. 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 Cross Plus (NGO:3320) Overvalued in 2026?
Based on GuruFocus' analysis, Cross Plus stock appears to be overvalued.
The current stock price of 円1,170.00 is trading 14.4% above its estimated GF Value™ of 円1,022.64.
Key valuation signals for NGO:3320:
Operating Margin %: 1.51% (36% above median its 10-year median of 1.11)
GF Value™: 円1,022.64 vs. price of 円1,170.00 (14.4% above fair value)
Industry Position: 63% below the Manufacturing - Apparel & Accessories median (#633 of 1042)
No single metric tells the full story. See the NGO:3320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cross Plus Inc is an apparel manufacturing company based in Japan. It is engaged in the planning, manufacturing and selling of women's apparel, clothing accessories and operating SPA. The company primarily serves widespread business partners such as mass merchandising stores, speciality shop and department stores nationwide.
61GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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