AltPlus (TSE:3672) Operating Margin %: -21.56% (As of Mar. 2026)


TSE:3672 AltPlus Inc TSE:3672
48 GF Score
Price 円26.00
GF Value 円23.37
Valuation Modestly Overvalued
! 7 Warning Signs
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What is AltPlus Operating Margin %?

AltPlus TSE:3672 +4.00% 48 Operating Margin % is -21.56% as of Mar. 2026. GuruFocus rates TSE:3672 with a GF Score™ of 48/100 and a GF Value™ of 円23.37 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 553 Interactive Media companies, AltPlus ranks worse than 76.67% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. AltPlus's Operating Income for the six months ended in Mar. 2026 was 円-287 Mil. AltPlus's Revenue for the six months ended in Mar. 2026 was 円1,332 Mil. Therefore, AltPlus's Operating Margin % for the quarter that ended in Mar. 2026 was -21.56%.

Warning Sign:

AltPlus Inc operating margin has been in a 5-year decline. The average rate of decline per year is -23.7%.

The historical rank and industry rank for AltPlus's Operating Margin % or its related term are showing as below:

TSE:3672' s Operating Margin % Range Over the Past 10 Years
Min: -30.07   Med: -13.12   Max: -4.91
Current: -18.69


TSE:3672's Operating Margin % is ranked worse than
76.67% of 553 companies
in the Interactive Media industry
Industry Median: 2.99 vs TSE:3672: -18.69

AltPlus's 5-Year Average Operating Margin % Growth Rate was -23.70% per year.

AltPlus's Operating Income for the six months ended in Mar. 2026 was 円-287 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円-519 Mil.

Warning Sign:

AltPlus Inc has never been profitable in the past 3 years. It lost money every year.


AltPlus  (TSE:3672) 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 Nokia’s 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.


AltPlus Operating Margin % Related Terms


AltPlus Operating Margin % Historical Data

* Premium members only.

The historical data trend for AltPlus'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.

AltPlus Operating Margin % Chart

AltPlus Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.61 -13.35 -12.29 -12.88 -16.13

AltPlus Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.41 -14.68 -16.20 -16.05 -21.56

TSE:3672 vs NTES, EA, TTWO: Operating Margin % Comparison

For the Electronic Gaming & Multimedia subindustry, AltPlus'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.


AltPlus Operating Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, AltPlus's Operating Margin % distribution charts can be found below:

* The bar in red indicates where AltPlus's Operating Margin % falls into.


TSE:3672
48GF Score
AltPlus Inc TSE:3672
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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AltPlus 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.

AltPlus's Operating Margin % for the fiscal year that ended in Sep. 2025 is calculated as

Operating Margin %=Operating Income (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=-467.295 / 2897.753
=-16.13 %

AltPlus's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-287.135 / 1331.898
=-21.56 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -21.56% mean?
AltPlus (TSE:3672) has a Operating Margin % of -21.56% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on AltPlus and its competitors. According to the industry distribution chart, AltPlus ranks #424 out of 553 companies in the Interactive Media industry, placing it in the top 76.7%.
Is AltPlus' Operating Margin % too high?
AltPlus' current Operating Margin % is -21.56%. Based on the distribution chart, AltPlus ranks #424 out of 553 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, AltPlus has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AltPlus' Operating Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, AltPlus ranks #424 out of 553 companies for Operating Margin %. This places AltPlus in the lower half of its industry. The industry median Operating Margin % is 2.99. 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 Interactive Media company?
The median Operating Margin % among Interactive Media companies is 2.99, based on 553 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. 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 AltPlus and its competitors. For the Interactive Media industry, the median Operating Margin % is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AltPlus's current Operating Margin % is -21.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AltPlus stock overvalued right now?
Based on GuruFocus' analysis, AltPlus (TSE:3672) is currently considered Modestly Overvalued. The stock's GF Value™ is 円23.37, compared to a current price of 円26.00 — trading 11.3% above its estimated fair value. The current Operating Margin % is -21.56%. AltPlus' overall GF Score™ is 48/100 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 AltPlus (TSE:3672), the current Operating Margin % is -21.56% 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 AltPlus (TSE:3672) Overvalued in 2026?

Based on GuruFocus' analysis, AltPlus stock appears to be overvalued. The current stock price of 円26.00 is trading 11.3% above its estimated GF Value™ of 円23.37. GuruFocus considers AltPlus to be Modestly Overvalued.

Key valuation signals for TSE:3672:

  • Operating Margin %: -21.56%
  • GF Value™: 円23.37 vs. price of 円26.00 (11.3% above fair value)
  • GF Score™: 48/100 with 7 warning signs

No single metric tells the full story. See the TSE:3672 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AltPlus Business Description

Address 3-12-18, South Building 9 Floor, Shibuya Tokyu Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
AltPlus Inc is engaged in the planning, development, and direction of social games.
48GF Score

Get the complete analysis for TSE:3672

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円26.00
Price
円23.37
GF Value