Oji HoldingsOJIPF 71 Operating Margin % is 2.08% as of Dec. 2025, which is 59% below its 10-year median of 5.06. GuruFocus rates OJIPF with a GF Score™ of 71/100 and a GF Value™ of $5.22. The stock has 7 warning signs investors should review. Among 283 Forest Products companies, Oji Holdings ranks worse than 54.77% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Oji Holdings's Operating Income for the
three
months ended in Dec. 2025 was $64 Mil. Oji Holdings's Revenue for the
three
months ended in Dec. 2025 was $3,066 Mil. Therefore, Oji Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was 2.08%.
Warning Sign:
Oji Holdings Corp operating margin has been in a 5-year decline. The average rate of decline per year is -13.1%.
The historical rank and industry rank for Oji Holdings's Operating Margin % or its related term are showing as below:
OJIPF'
s Operating Margin % Range Over the Past 10 Years
Min: 1.86 Med: 5.06 Max: 8.17
Current: 1.86
OJIPF's Operating Margin % is ranked worse than 54.77% of 283
companies
in the Forest Products industry
Industry Median: 2.6
vs OJIPF: 1.86
Oji Holdings's 5-Year Average Operating Margin % Growth Rate was -13.10% per year.
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.
Oji Holdings Operating Margin % Related Terms
Oji Holdings Operating Margin % Historical Data
* Premium members only.
The historical data trend for Oji 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.
For the Paper & Paper Products subindustry, Oji 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.
Oji Holdings Operating Margin % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Oji Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Oji Holdings'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.
Oji Holdings's Operating Margin % for the fiscal year that ended in Mar. 2025 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.
Oji Holdings (OJIPF) has a Operating Margin % of 2.08% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Oji Holdings and its competitors. This is 59% below median its historical median of 5.06. Over the past decade, Oji Holdings' Operating Margin % has ranged from 1.86 to 8.17. According to the industry distribution chart, Oji Holdings ranks #155 out of 283 companies in the Forest Products industry, placing it in the top 54.8%.
Is Oji Holdings' Operating Margin % too high?
Oji Holdings' current Operating Margin % of 2.08% is 59% below median its 10-year median of 5.06. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 8.17. The Forest Products industry median Operating Margin % is 2.60. Oji Holdings' value of 2.08% is 20% below this industry median. Based on the distribution chart, Oji Holdings ranks #155 out of 283 companies in the Forest Products industry, which is below the industry midpoint. Overall, Oji Holdings has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Oji Holdings' Operating Margin % compare to competitors?
According to the Forest Products industry distribution chart, Oji Holdings ranks #155 out of 283 companies for Operating Margin %. This places Oji Holdings in the lower half of its industry. The industry median Operating Margin % is 2.60. Oji Holdings' value of 2.08% is 20% below this benchmark. Historically, Oji Holdings' own Operating Margin % has ranged from 1.86 to 8.17 over the past decade. While the company's 10-year median is 5.06 vs. the industry median of 2.60, Oji Holdings 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 Forest Products company?
The median Operating Margin % among Forest Products companies is 2.60, based on 283 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. Oji Holdings's current Operating Margin % of 2.08% is 20% 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 Oji Holdings and its competitors. For the Forest Products industry, the median Operating Margin % is 2.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oji Holdings's current Operating Margin % is 2.08%, which is 59% below median its own 10-year median of 5.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oji Holdings stock overvalued right now?
Oji Holdings (OJIPF) has a current Operating Margin % of 2.08%. The stock's GF Value™ is $5.22, compared to a current price of $5.80 — trading 11.1% above its estimated fair value. The current Operating Margin % is 2.08%, which is 59% below median its 10-year median of 5.06 and 20% below the Forest Products industry median of 2.60. Oji Holdings' overall GF Score™ is 71/100 with 7 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 Oji Holdings (OJIPF), the current Operating Margin % is 2.08% 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 Oji Holdings (OJIPF) Overvalued in 2026?
Based on GuruFocus' analysis, Oji Holdings stock appears to be overvalued.
The current stock price of $5.80 is trading 11.1% above its estimated GF Value™ of $5.22.
Key valuation signals for OJIPF:
Operating Margin %: 2.08% (59% below median its 10-year median of 5.06)
GF Value™: $5.22 vs. price of $5.80 (11.1% above fair value)
Industry Position: 20% below the Forest Products median (#155 of 283)
No single metric tells the full story. See the OJIPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oji Holdings Corp through its group companies, is engaged in the production and distribution of pulp, paper products, and converted paper products. The company operates through five segments. The Functional Materials segment covers specialty paper, thermal paper, adhesives, and films. The Living and Industrial Materials segment includes corrugated base paper, paperboard, packaging paper, household paper, and disposable diapers. The Print Information Media segment engages in newsprint, printing, publishing, and information paper. The Resource and Environmental Business segment spans pulp, energy, afforestation, and wood processing. The Others segment comprises trading, eco-friendly packaging, logistics, engineering, real estate, and liquid cartons.
71GF Score
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