Bplats (TSE:4381) Operating Margin %: -15.28% (As of Mar. 2026)


TSE:4381 Bplats Inc TSE:4381
35 GF Score
Price 円196.00
GF Value 円564.96
Valuation Possible Value Trap
! 7 Warning Signs
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What is Bplats Operating Margin %?

Bplats TSE:4381 -14.78% 35 Operating Margin % is -15.28% as of Mar. 2026. GuruFocus rates TSE:4381 with a GF Score™ of 35/100 and a GF Value™ of 円564.96 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,818 Software companies, Bplats ranks worse than 77.54% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bplats's Operating Income for the six months ended in Mar. 2026 was 円-59.6 Mil. Bplats's Revenue for the six months ended in Mar. 2026 was 円390.3 Mil. Therefore, Bplats's Operating Margin % for the quarter that ended in Mar. 2026 was -15.28%.

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

TSE:4381' s Operating Margin % Range Over the Past 10 Years
Min: -32.51   Med: -2.38   Max: 19.07
Current: -17.38


TSE:4381's Operating Margin % is ranked worse than
77.54% of 2818 companies
in the Software industry
Industry Median: 3.875 vs TSE:4381: -17.38

Bplats's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Bplats's Operating Income for the six months ended in Mar. 2026 was 円-59.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円-126.4 Mil.

Warning Sign:

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


Bplats  (TSE:4381) 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.


Bplats Operating Margin % Related Terms


Bplats Operating Margin % Historical Data

* Premium members only.

The historical data trend for Bplats'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.

Bplats Operating Margin % Chart

Bplats Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 19.07 -8.55 -29.38 -17.38

Bplats Semi-Annual Data
Mar16 Mar17 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 -24.00 -36.32 -21.86 -19.80 -15.28

TSE:4381 vs CRM, SHOP, UBER: Operating Margin % Comparison

For the Software - Application subindustry, Bplats'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.


Bplats Operating Margin % vs Software Industry

For the Software industry and Technology sector, Bplats's Operating Margin % distribution charts can be found below:

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


TSE:4381
35GF Score
Bplats Inc TSE:4381
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bplats 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.

Bplats's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=-126.351 / 727.157
=-17.38 %

Bplats'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 )
=-59.643 / 390.315
=-15.28 %

* 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 -15.28% mean?
Bplats (TSE:4381) has a Operating Margin % of -15.28% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Bplats and its competitors. According to the industry distribution chart, Bplats ranks #2185 out of 2818 companies in the Software industry, placing it in the top 77.5%.
Is Bplats' Operating Margin % too high?
Bplats' current Operating Margin % is -15.28%. Based on the distribution chart, Bplats ranks #2185 out of 2818 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Bplats has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bplats' Operating Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Bplats ranks #2185 out of 2818 companies for Operating Margin %. This places Bplats in the lower half of its industry. The industry median Operating Margin % is 3.88. 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 Software company?
The median Operating Margin % among Software companies is 3.88, based on 2,818 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 Bplats and its competitors. For the Software industry, the median Operating Margin % is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bplats's current Operating Margin % is -15.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bplats stock overvalued right now?
Based on GuruFocus' analysis, Bplats (TSE:4381) is currently considered Possible Value Trap. The stock's GF Value™ is 円564.96, compared to a current price of 円196.00 — trading 65.3% below its estimated fair value. The current Operating Margin % is -15.28%. Bplats' overall GF Score™ is 35/100 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 Bplats (TSE:4381), the current Operating Margin % is -15.28% 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 Bplats (TSE:4381) Overvalued in 2026?

Based on GuruFocus' analysis, Bplats stock appears to be undervalued. The current stock price of 円196.00 is trading 65.3% below its estimated GF Value™ of 円564.96. GuruFocus considers Bplats to be Possible Value Trap.

Key valuation signals for TSE:4381:

  • Operating Margin %: -15.28%
  • GF Value™: 円564.96 vs. price of 円196.00 (65.3% below fair value)
  • GF Score™: 35/100 with 7 warning signs

No single metric tells the full story. See the TSE:4381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bplats Business Description

Address 3 Kanda Neribeicho, 15th Floor, Fujisoft Akihabara Building, Chiyoda-ku, Tokyo, JPN, 101?0022
Bplats Inc is a software application developer. The company is engaged in providing a sales and management platform for subscription services. The product of the firm includes Bplats, which is a sales management solution that enables contract management and billing management, such as monthly billing and annual billing, including subscription fees.
35GF Score

Get the complete analysis for TSE:4381

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

円196.00
Price
円564.96
GF Value