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Harima Chemicals GroupTSE:4410 +2.78%70 Operating Margin % is 3.15% as of Mar. 2026, which is 15% below its 10-year median of 3.72. GuruFocus rates TSE:4410 with a GF Score™ of 70/100 and a GF Value™ of 円953.12 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,578 Chemicals companies, Harima Chemicals Group ranks worse than 65.65% on this metric.
Harima Chemicals Group Inc has recorded a loss in operating income at least once over the past 3 years.
Harima Chemicals Group (TSE:4410) 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.
Harima Chemicals Group Operating Margin % Related Terms
Harima Chemicals Group Operating Margin % Historical Data
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The historical data trend for Harima Chemicals Group'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:4410 vs LIN, SHW, ECL: Operating Margin % Comparison
For the Specialty Chemicals subindustry, Harima Chemicals Group'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.
Harima Chemicals Group Operating Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Harima Chemicals Group's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Harima Chemicals Group's Operating Margin % falls into.
Harima Chemicals Group 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.
Harima Chemicals Group's Operating Margin % for the fiscal year that ended in Mar. 2026 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.
Harima Chemicals Group (TSE:4410) has a Operating Margin % of 3.15% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Harima Chemicals Group and its competitors. This is 15% below median its historical median of 3.72. According to the industry distribution chart, Harima Chemicals Group ranks #1036 out of 1578 companies in the Chemicals industry, placing it in the top 65.7%.
Is Harima Chemicals Group's Operating Margin % too high?
Harima Chemicals Group's current Operating Margin % of 3.15% is 15% below median its 10-year median of 3.72. The Chemicals industry median Operating Margin % is 6.04. Harima Chemicals Group's value of 3.15% is 47.8% below this industry median. Based on the distribution chart, Harima Chemicals Group ranks #1036 out of 1578 companies in the Chemicals industry, which is below the industry midpoint. Overall, Harima Chemicals Group has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harima Chemicals Group's Operating Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Harima Chemicals Group ranks #1036 out of 1578 companies for Operating Margin %. This places Harima Chemicals Group in the lower half of its industry. The industry median Operating Margin % is 6.04. Harima Chemicals Group's value of 3.15% is 47.8% below this benchmark. While the company's 10-year median is 3.72 vs. the industry median of 6.04, Harima Chemicals Group has consistently been below 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 Chemicals company?
The median Operating Margin % among Chemicals companies is 6.04, based on 1,578 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. Harima Chemicals Group's current Operating Margin % of 3.15% is 47.8% below 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 Harima Chemicals Group and its competitors. For the Chemicals industry, the median Operating Margin % is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harima Chemicals Group's current Operating Margin % is 3.15%, which is 15% below median its own 10-year median of 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harima Chemicals Group stock overvalued right now?
Based on GuruFocus' analysis, Harima Chemicals Group (TSE:4410) is currently considered Fairly Valued. The stock's GF Value™ is 円953.12, compared to a current price of 円1,034.00 — trading 8.5% above its estimated fair value. The current Operating Margin % is 3.15%, which is 15% below median its 10-year median of 3.72 and 47.8% below the Chemicals industry median of 6.04. Harima Chemicals Group's overall GF Score™ is 70/100 with 8 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 Harima Chemicals Group (TSE:4410), the current Operating Margin % is 3.15% 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 Harima Chemicals Group (TSE:4410) Overvalued in 2026?
Based on GuruFocus' analysis, Harima Chemicals Group stock appears to be overvalued.
The current stock price of 円1,034.00 is trading 8.5% above its estimated GF Value™ of 円953.12.
GuruFocus considers Harima Chemicals Group to be Fairly Valued.
Key valuation signals for TSE:4410:
Operating Margin %: 3.15% (15% below median its 10-year median of 3.72)
GF Value™: 円953.12 vs. price of 円1,034.00 (8.5% above fair value)
Industry Position: 47.8% below the Chemicals median (#1036 of 1578)
No single metric tells the full story. See the TSE:4410 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harima Chemicals Group Inc is a Japan-based chemical manufacturer. The company is mainly engaged in chemical products business, papermaking chemical business, and electronic materials business. Products offered by the company include resins for printing ink, paint, resin for adhesive and adhesive, emulsifier for synthetic rubber, sizing agent, paper strength enhancer, and coating agent. Electronic materials business develops, manufacture and sell conductive paste, brazing material for aluminum and printed wiring board related materials. Harima has a world-wide network with presence in Europe, Asia, Oceania, North America, and South America.
70GF Score
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