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West HoldingsTSE:1407 +1.30%77 Operating Margin % is 12.48% as of Feb. 2026, which is 0% below its 10-year median of 12.51. GuruFocus rates TSE:1407 with a GF Score™ of 77/100 and a GF Value™ of 円2,487.85 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 419 Utilities - Independent Power Producers companies, West Holdings ranks better than 58.23% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. West Holdings's Operating Income for the
three
months ended in Feb. 2026 was 円1,165 Mil. West Holdings's Revenue for the
three
months ended in Feb. 2026 was 円9,333 Mil. Therefore, West Holdings's Operating Margin % for the quarter that ended in Feb. 2026 was 12.48%.
Good Sign:
West Holdings Corp operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for West Holdings's Operating Margin % or its related term are showing as below:
TSE:1407'
s Operating Margin % Range Over the Past 10 Years
Min: 8.2 Med: 12.51 Max: 21.03
Current: 17.9
TSE:1407's Operating Margin % is ranked better than 58.23% of 419
companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.47
vs TSE:1407: 17.90
West Holdings's 5-Year Average Operating Margin % Growth Rate was 11.60% per year.
West Holdings's Operating Income for the
three
months ended in Feb. 2026 was 円1,165 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was 円8,511 Mil.
West Holdings (TSE:1407) 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.
West Holdings Operating Margin % Related Terms
West Holdings Operating Margin % Historical Data
* Premium members only.
The historical data trend for West 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.
West Holdings Operating Margin % Competitor Comparison
For the Utilities - Renewable subindustry, West 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.
West Holdings Operating Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, West Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where West 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.
West Holdings's Operating Margin % for the fiscal year that ended in Aug. 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.
West Holdings (TSE:1407) has a Operating Margin % of 12.48% as of Feb. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on West Holdings and its competitors. This is near median its historical median of 12.51. Over the past decade, West Holdings' Operating Margin % has ranged from 8.20 to 21.03. According to the industry distribution chart, West Holdings ranks #175 out of 419 companies in the Utilities - Independent Power Producers industry, placing it in the top 41.8%.
Is West Holdings' Operating Margin % too high?
West Holdings' current Operating Margin % of 12.48% is near median its 10-year median of 12.51. Over the past 10 years, this metric has ranged from a low of 8.20 to a high of 21.03. The Utilities - Independent Power Producers industry median Operating Margin % is 13.47. West Holdings' value of 12.48% is 7.3% below this industry median. Based on the distribution chart, West Holdings ranks #175 out of 419 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, West Holdings has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West Holdings' Operating Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, West Holdings ranks #175 out of 419 companies for Operating Margin %. This puts West Holdings in the upper half of its industry. The industry median Operating Margin % is 13.47. West Holdings' value of 12.48% is 7.3% below this benchmark. Historically, West Holdings' own Operating Margin % has ranged from 8.20 to 21.03 over the past decade. While the company's 10-year median is 12.51 vs. the industry median of 13.47, West 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 an Utilities - Independent Power Producers company?
The median Operating Margin % among Utilities - Independent Power Producers companies is 13.47, based on 419 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. West Holdings's current Operating Margin % of 12.48% is 7.3% 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 West Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Operating Margin % is 13.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Holdings's current Operating Margin % is 12.48%, which is near median its own 10-year median of 12.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Holdings stock overvalued right now?
Based on GuruFocus' analysis, West Holdings (TSE:1407) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,487.85, compared to a current price of 円2,179.00 — trading 12.4% below its estimated fair value. The current Operating Margin % is 12.48%, which is near median its 10-year median of 12.51 and 7.3% below the Utilities - Independent Power Producers industry median of 13.47. West Holdings' overall GF Score™ is 77/100 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 West Holdings (TSE:1407), the current Operating Margin % is 12.48% as of Feb. 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 West Holdings (TSE:1407) Overvalued in 2026?
Based on GuruFocus' analysis, West Holdings stock appears to be undervalued.
The current stock price of 円2,179.00 is trading 12.4% below its estimated GF Value™ of 円2,487.85.
GuruFocus considers West Holdings to be Modestly Undervalued.
Key valuation signals for TSE:1407:
Operating Margin %: 12.48% (near median its 10-year median of 12.51)
GF Value™: 円2,487.85 vs. price of 円2,179.00 (12.4% below fair value)
Industry Position: 7.3% below the Utilities - Independent Power Producers median (#175 of 419)
No single metric tells the full story. See the TSE:1407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
West Holdings Corp is engaged in the solar power generation. The company generates solar power for municipalities, residential and industrial use. Its business activities are divided into different divisions including Stadtberg business, Solar power generation for municipalities, special high-pressure solar power generation, Industrial solar power generation, Residential solar power generation, O & M (operation and management), Sales of electricity and Esco Business. Stadtberg division provides consulting and operation support for infrastructure services centered on renewable energy. O & M division monitors the photovoltaic power plant and maintains the maximum amount of power generation. Its Esco division provides various energy-saving measures.
77GF Score
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