Okayama Paper Industries Co (TSE:3892) Operating Margin %: 0.00% (As of Nov. 2025)


TSE:3892 Okayama Paper Industries Co Ltd TSE:3892
71 GF Score
Price 円1,662.00
GF Value 円1,307.77
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Okayama Paper Industries Co Operating Margin %?

Okayama Paper Industries Co TSE:3892 -0.42% 71 Operating Margin % is 0.00% as of Nov. 2025. GuruFocus rates TSE:3892 with a GF Score™ of 71/100 and a GF Value™ of 円1,307.77 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 283 Forest Products companies, Okayama Paper Industries Co ranks better than 77.39% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Okayama Paper Industries Co's Operating Income for the three months ended in Nov. 2025 was 円0 Mil. Okayama Paper Industries Co's Revenue for the three months ended in Nov. 2025 was 円0 Mil. Therefore, Okayama Paper Industries Co's Operating Margin % for the quarter that ended in Nov. 2025 was 0.00%.

Warning Sign:

Okayama Paper Industries Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -2%.

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

TSE:3892' s Operating Margin % Range Over the Past 10 Years
Min: 0.39   Med: 7.16   Max: 14.61
Current: 8.08


TSE:3892's Operating Margin % is ranked better than
77.39% of 283 companies
in the Forest Products industry
Industry Median: 2.59 vs TSE:3892: 8.08

Okayama Paper Industries Co's 5-Year Average Operating Margin % Growth Rate was -2.00% per year.

Okayama Paper Industries Co's Operating Income for the three months ended in Nov. 2025 was 円0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Nov. 2025 was 円436 Mil.


Okayama Paper Industries Co  (TSE:3892) 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.


Okayama Paper Industries Co Operating Margin % Related Terms


Okayama Paper Industries Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Okayama Paper Industries 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.

Okayama Paper Industries Co Operating Margin % Chart

Okayama Paper Industries Co Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.77 6.82 5.65 14.61 8.96

Okayama Paper Industries Co Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26
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 0.00 0.00 8.04 0.00 8.11

Okayama Paper Industries Co Operating Margin % Competitor Comparison

For the Paper & Paper Products subindustry, Okayama Paper Industries 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.


Okayama Paper Industries Co Operating Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Okayama Paper Industries Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Okayama Paper Industries Co's Operating Margin % falls into.


TSE:3892
71GF Score
Okayama Paper Industries Co Ltd TSE:3892
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Okayama Paper Industries 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.

Okayama Paper Industries Co's Operating Margin % for the fiscal year that ended in May. 2025 is calculated as

Operating Margin %=Operating Income (A: May. 2025 ) / Revenue (A: May. 2025 )
=1032.592 / 11522.767
=8.96 %

Okayama Paper Industries Co's Operating Margin % for the quarter that ended in Nov. 2025 is calculated as

Operating Margin %=Operating Income (Q: Nov. 2025 ) / Revenue (Q: Nov. 2025 )
=0 / 0
= %

* 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 0.00% mean?
Okayama Paper Industries Co (TSE:3892) has a Operating Margin % of 0.00% as of Nov. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Okayama Paper Industries Co and its competitors. Over the past decade, Okayama Paper Industries Co's Operating Margin % has ranged from 0.39 to 14.61. According to the industry distribution chart, Okayama Paper Industries Co ranks #64 out of 283 companies in the Forest Products industry, placing it in the top 22.6%.
Is Okayama Paper Industries Co's Operating Margin % too high?
Okayama Paper Industries Co's current Operating Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 14.61. Based on the distribution chart, Okayama Paper Industries Co ranks #64 out of 283 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Okayama Paper Industries Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okayama Paper Industries Co's Operating Margin % compare to competitors?
According to the Forest Products industry distribution chart, Okayama Paper Industries Co ranks #64 out of 283 companies for Operating Margin %. This places Okayama Paper Industries Co in the top 23% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 2.59. Historically, Okayama Paper Industries Co's own Operating Margin % has ranged from 0.39 to 14.61 over the past decade. 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 Forest Products company?
The median Operating Margin % among Forest Products companies is 2.59, based on 283 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 Okayama Paper Industries Co and its competitors. For the Forest Products industry, the median Operating Margin % is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okayama Paper Industries Co's current Operating Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okayama Paper Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Okayama Paper Industries Co (TSE:3892) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,307.77, compared to a current price of 円1,662.00 — trading 27.1% above its estimated fair value. The current Operating Margin % is 0.00%. Okayama Paper Industries Co's overall GF Score™ is 71/100 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 Okayama Paper Industries Co (TSE:3892), the current Operating Margin % is 0.00% 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 Okayama Paper Industries Co (TSE:3892) Overvalued in 2026?

Based on GuruFocus' analysis, Okayama Paper Industries Co stock appears to be overvalued. The current stock price of 円1,662.00 is trading 27.1% above its estimated GF Value™ of 円1,307.77. GuruFocus considers Okayama Paper Industries Co to be Modestly Overvalued.

Key valuation signals for TSE:3892:

  • Operating Margin %: 0.00%
  • GF Value™: 円1,307.77 vs. price of 円1,662.00 (27.1% above fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the TSE:3892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okayama Paper Industries Co Business Description

Address No. 4 No. 34, Minami-ku, Hamano 1-chome, Okayama, JPN, 700-0845
Okayama Paper Industries Co Ltd is engaged in manufacturing and sales of SMIC raw paper, paper tube base paper, flat sheet. It is in a packaging material field as a manufacturer of cardboard and decorative corrugated cardboard made of core paper and paper tube base paper. It offers products such as base papers, containerboard, stencil paper tubes, paper tube base papers, and cardboard plates.
71GF Score

Get the complete analysis for TSE:3892

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

円1,662.00
Price
円1,307.77
GF Value