Kodensha CoTSE:1948 -0.09%53 Operating Margin % is 8.10% as of Sep. 2025, which is 88% above its 10-year median of 4.30. GuruFocus rates TSE:1948 with a GF Score™ of 53/100 and a GF Value™ of 円1,375.45 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,765 Construction companies, Kodensha Co ranks worse than 56.26% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Kodensha Co's Operating Income for the
three
months ended in Sep. 2025 was 円923 Mil. Kodensha Co's Revenue for the
three
months ended in Sep. 2025 was 円11,392 Mil. Therefore, Kodensha Co's Operating Margin % for the quarter that ended in Sep. 2025 was 8.10%.
Good Sign:
Kodensha Co Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Kodensha Co's Operating Margin % or its related term are showing as below:
TSE:1948'
s Operating Margin % Range Over the Past 10 Years
Min: 1.43 Med: 4.3 Max: 7.85
Current: 5.02
TSE:1948's Operating Margin % is ranked worse than 56.26% of 1765
companies
in the Construction industry
Industry Median: 5.89
vs TSE:1948: 5.02
Kodensha Co's 5-Year Average Operating Margin % Growth Rate was 1.30% per year.
Kodensha Co's Operating Income for the
three
months ended in Sep. 2025 was 円923 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was 円1,002 Mil.
Kodensha Co (TSE:1948) 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.
Kodensha Co Operating Margin % Related Terms
Kodensha Co Operating Margin % Historical Data
* Premium members only.
The historical data trend for Kodensha 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.
TSE:1948 vs PWR, FIX, EME: Operating Margin % Comparison
For the Engineering & Construction subindustry, Kodensha 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.
Kodensha Co Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, Kodensha Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Kodensha Co'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.
Kodensha Co'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.
Kodensha Co (TSE:1948) has a Operating Margin % of 8.10% as of Sep. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Kodensha Co and its competitors. This is 88% above median its historical median of 4.30. Over the past decade, Kodensha Co's Operating Margin % has ranged from 1.43 to 7.85. According to the industry distribution chart, Kodensha Co ranks #993 out of 1765 companies in the Construction industry, placing it in the top 56.3%.
Is Kodensha Co's Operating Margin % too high?
Kodensha Co's current Operating Margin % of 8.10% is 88% above median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 7.85. The Construction industry median Operating Margin % is 5.89. Kodensha Co's value of 8.10% is 37.5% above this industry median. Based on the distribution chart, Kodensha Co ranks #993 out of 1765 companies in the Construction industry, which is below the industry midpoint. Overall, Kodensha Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kodensha Co's Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Kodensha Co ranks #993 out of 1765 companies for Operating Margin %. This places Kodensha Co in the lower half of its industry. The industry median Operating Margin % is 5.89. Kodensha Co's value of 8.10% is 37.5% above this benchmark. Historically, Kodensha Co's own Operating Margin % has ranged from 1.43 to 7.85 over the past decade. While the company's 10-year median is 4.30 vs. the industry median of 5.89, Kodensha Co has consistently been above 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 Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,765 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. Kodensha Co's current Operating Margin % of 8.10% is 37.5% above 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 Kodensha Co and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kodensha Co's current Operating Margin % is 8.10%, which is 88% above median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kodensha Co stock overvalued right now?
Based on GuruFocus' analysis, Kodensha Co (TSE:1948) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,375.45, compared to a current price of 円11,410.00 — trading 729.5% above its estimated fair value. The current Operating Margin % is 8.10%, which is 88% above median its 10-year median of 4.30 and 37.5% above the Construction industry median of 5.89. Kodensha Co's overall GF Score™ is 53/100 with 6 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 Kodensha Co (TSE:1948), the current Operating Margin % is 8.10% as of Sep. 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 Kodensha Co (TSE:1948) Overvalued in 2026?
Based on GuruFocus' analysis, Kodensha Co stock appears to be overvalued.
The current stock price of 円11,410.00 is trading 729.5% above its estimated GF Value™ of 円1,375.45.
GuruFocus considers Kodensha Co to be Significantly Overvalued.
Key valuation signals for TSE:1948:
Operating Margin %: 8.10% (88% above median its 10-year median of 4.30)
GF Value™: 円1,375.45 vs. price of 円11,410.00 (729.5% above fair value)
Industry Position: 37.5% above the Construction median (#993 of 1765)
No single metric tells the full story. See the TSE:1948 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kodensha Co Ltd is a specialized company of electrical equipment construction. It has diversified its operations into the following segments. The "Electrical Equipment Construction Business" carries out indoor wiring construction, power transmission line construction, power generation and transformation construction, communication construction, and air conditioning construction. The "Product Sales Business" sells electronic control and measurement machinery and equipment, substation equipment and equipment, machine tools and equipment, information and communication machinery and equipment, refrigeration and air conditioning machinery and equipment, elevators and monitoring, and control equipment.
53GF Score
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