Honeys Holdings CoTSE:2792 +0.88%69 Operating Margin % is 10.18% as of Nov. 2025, which is 17% above its 10-year median of 8.70. GuruFocus rates TSE:2792 with a GF Score™ of 69/100 and a GF Value™ of 円1,802.15 (Modestly Undervalued). Among 1,128 Retail - Cyclical companies, Honeys Holdings Co ranks better than 74.2% on this metric.
Honeys Holdings Co (TSE:2792) 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.
Honeys Holdings Co Operating Margin % Related Terms
Honeys Holdings Co Operating Margin % Historical Data
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The historical data trend for Honeys Holdings 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:2792 vs TJX, ROST, BURL: Operating Margin % Comparison
For the Apparel Retail subindustry, Honeys Holdings 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.
Honeys Holdings Co Operating Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Honeys Holdings Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Honeys Holdings 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.
Honeys Holdings Co's Operating Margin % for the fiscal year that ended in May. 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.
Honeys Holdings Co (TSE:2792) has a Operating Margin % of 10.18% as of Nov. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Honeys Holdings Co and its competitors. This is 17% above median its historical median of 8.70. Over the past decade, Honeys Holdings Co's Operating Margin % has ranged from 4.29 to 13.98. According to the industry distribution chart, Honeys Holdings Co ranks #291 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 25.8%.
Is Honeys Holdings Co's Operating Margin % too high?
Honeys Holdings Co's current Operating Margin % of 10.18% is 17% above median its 10-year median of 8.70. Over the past 10 years, this metric has ranged from a low of 4.29 to a high of 13.98. The Retail - Cyclical industry median Operating Margin % is 3.91. Honeys Holdings Co's value of 10.18% is 160.7% above this industry median. Based on the distribution chart, Honeys Holdings Co ranks #291 out of 1128 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Honeys Holdings Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honeys Holdings Co's Operating Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Honeys Holdings Co ranks #291 out of 1128 companies for Operating Margin %. This puts Honeys Holdings Co in the upper half of its industry. The industry median Operating Margin % is 3.91. Honeys Holdings Co's value of 10.18% is 160.7% above this benchmark. Historically, Honeys Holdings Co's own Operating Margin % has ranged from 4.29 to 13.98 over the past decade. While the company's 10-year median is 8.70 vs. the industry median of 3.91, Honeys Holdings 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.91, based on 1,128 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. Honeys Holdings Co's current Operating Margin % of 10.18% is 160.7% 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 Honeys Holdings Co and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeys Holdings Co's current Operating Margin % is 10.18%, which is 17% above median its own 10-year median of 8.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeys Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Honeys Holdings Co (TSE:2792) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,802.15, compared to a current price of 円1,368.00 — trading 24.1% below its estimated fair value. The current Operating Margin % is 10.18%, which is 17% above median its 10-year median of 8.70 and 160.7% above the Retail - Cyclical industry median of 3.91. Honeys Holdings Co's overall GF Score™ is 69/100. 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 Honeys Holdings Co (TSE:2792), the current Operating Margin % is 10.18% as of Nov. 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 Honeys Holdings Co (TSE:2792) Overvalued in 2026?
Based on GuruFocus' analysis, Honeys Holdings Co stock appears to be undervalued.
The current stock price of 円1,368.00 is trading 24.1% below its estimated GF Value™ of 円1,802.15.
GuruFocus considers Honeys Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:2792:
Operating Margin %: 10.18% (17% above median its 10-year median of 8.70)
GF Value™: 円1,802.15 vs. price of 円1,368.00 (24.1% below fair value)
Industry Position: 160.7% above the Retail - Cyclical median (#291 of 1128)
No single metric tells the full story. See the TSE:2792 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honeys Holdings Co Ltd is a Japan-based company, engages in the planning, manufacturing, and selling of women's clothing and fashion accessories The company offers its products under the brands named CINEMA CLUB, GLACIER, COLZA and Comfort Basic through specialty retail stores located in suburban shopping malls and station buildings, as well as online shopping site.
69GF Score
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