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Tachibana Eletech CoTBNAF 86 Operating Margin % is 3.81% as of Mar. 2026, which is 7% above its 10-year median of 3.57. GuruFocus rates TBNAF with a GF Score™ of 86/100 and a GF Value™ of $19.35. The stock has 2 warning signs investors should review. Among 2,476 Hardware companies, Tachibana Eletech Co ranks worse than 52.46% on this metric.
Tachibana Eletech Co (OTCPK:TBNAF) 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.
Tachibana Eletech Co Operating Margin % Related Terms
Tachibana Eletech Co Operating Margin % Historical Data
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The historical data trend for Tachibana Eletech 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.
For the Electronic Components subindustry, Tachibana Eletech 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.
Tachibana Eletech Co Operating Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Tachibana Eletech Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Tachibana Eletech Co's Operating Margin % falls into.
Tachibana Eletech 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.
Tachibana Eletech Co's Operating Margin % for the fiscal year that ended in Mar. 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.
Tachibana Eletech Co (TBNAF) has a Operating Margin % of 3.81% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Tachibana Eletech Co and its competitors. This is near median its historical median of 3.57. Over the past decade, Tachibana Eletech Co's Operating Margin % has ranged from 2.50 to 4.66. According to the industry distribution chart, Tachibana Eletech Co ranks #1299 out of 2476 companies in the Hardware industry, placing it in the top 52.5%.
Is Tachibana Eletech Co's Operating Margin % too high?
Tachibana Eletech Co's current Operating Margin % of 3.81% is near median its 10-year median of 3.57. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 4.66. The Hardware industry median Operating Margin % is 3.83. Tachibana Eletech Co's value of 3.81% is 0.5% below this industry median. Based on the distribution chart, Tachibana Eletech Co ranks #1299 out of 2476 companies in the Hardware industry, which is below the industry midpoint. Overall, Tachibana Eletech Co has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Tachibana Eletech Co's Operating Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Tachibana Eletech Co ranks #1299 out of 2476 companies for Operating Margin %. This places Tachibana Eletech Co in the lower half of its industry. The industry median Operating Margin % is 3.83. Tachibana Eletech Co's value of 3.81% is 0.5% below this benchmark. Historically, Tachibana Eletech Co's own Operating Margin % has ranged from 2.50 to 4.66 over the past decade. While the company's 10-year median is 3.57 vs. the industry median of 3.83, Tachibana Eletech Co 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.83, based on 2,476 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. Tachibana Eletech Co's current Operating Margin % of 3.81% is 0.5% 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 Tachibana Eletech Co and its competitors. For the Hardware industry, the median Operating Margin % is 3.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tachibana Eletech Co's current Operating Margin % is 3.81%, which is near median its own 10-year median of 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tachibana Eletech Co stock overvalued right now?
Tachibana Eletech Co (TBNAF) has a current Operating Margin % of 3.81%. The stock's GF Value™ is $19.35, compared to a current price of $20.20 — trading 4.4% above its estimated fair value. The current Operating Margin % is 3.81%, which is near median its 10-year median of 3.57 and 0.5% below the Hardware industry median of 3.83. Tachibana Eletech Co's overall GF Score™ is 86/100 with 2 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 Tachibana Eletech Co (TBNAF), the current Operating Margin % is 3.81% 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 Tachibana Eletech Co (TBNAF) Overvalued in 2026?
Based on GuruFocus' analysis, Tachibana Eletech Co stock appears to be overvalued.
The current stock price of $20.20 is trading 4.4% above its estimated GF Value™ of $19.35.
Key valuation signals for TBNAF:
Operating Margin %: 3.81% (near median its 10-year median of 3.57)
GF Value™: $19.35 vs. price of $20.20 (4.4% above fair value)
Industry Position: 0.5% below the Hardware median (#1299 of 2476)
No single metric tells the full story. See the TBNAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tachibana Eletech Co Ltd is a Japan based technology driven company engaged in the sale of factory automation systems. It operates in the segments of Factory automation systems business, Semiconductors and electronic devices business, and Building services systems business. The company derives a majority of the revenue from the Factory automation systems business, which involves products and services like programmable controllers, inverters, AC servos, various types of motors, power distribution control equipment and control devices, industrial robots, and other products. It has a business presence in Japan and various other countries.
86GF Score
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