Lancers (TSE:4484) Operating Margin %: 5.58% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4484 Lancers Inc TSE:4484
65 GF Score
Price 円279.00
GF Value 円267.89
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Lancers Operating Margin %?

Lancers TSE:4484 65 Operating Margin % is 5.58% as of Mar. 2026. GuruFocus rates TSE:4484 with a GF Score™ of 65/100 and a GF Value™ of 円267.89 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,822 Software companies, Lancers ranks worse than 50.71% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Lancers's Operating Income for the six months ended in Mar. 2026 was 円165 Mil. Lancers's Revenue for the six months ended in Mar. 2026 was 円2,950 Mil. Therefore, Lancers's Operating Margin % for the quarter that ended in Mar. 2026 was 5.58%.

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

TSE:4484' s Operating Margin % Range Over the Past 10 Years
Min: -18.36   Med: -5.2   Max: 3.7
Current: 3.7


TSE:4484's Operating Margin % is ranked worse than
50.71% of 2822 companies
in the Software industry
Industry Median: 3.885 vs TSE:4484: 3.70

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

Lancers's Operating Income for the six months ended in Mar. 2026 was 円165 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円201 Mil.


Lancers  (TSE:4484) 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.


Lancers Operating Margin % Related Terms


Lancers Operating Margin % Historical Data

* Premium members only.

The historical data trend for Lancers'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.

Lancers Operating Margin % Chart

Lancers Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only -9.01 -5.20 1.65 2.38 3.70

Lancers Semi-Annual Data
Mar18 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 3.31 2.22 2.53 1.47 5.58

TSE:4484 vs UBER, SHOP, CRM: Operating Margin % Comparison

For the Software - Application subindustry, Lancers'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.


Lancers Operating Margin % vs Software Industry

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

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


TSE:4484
65GF Score
Lancers Inc TSE:4484
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lancers 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.

Lancers'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 )
=201.279 / 5437.245
=3.70 %

Lancers'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 )
=164.622 / 2950.419
=5.58 %

* 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 5.58% mean?
Lancers (TSE:4484) has a Operating Margin % of 5.58% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Lancers and its competitors. According to the industry distribution chart, Lancers ranks #1431 out of 2822 companies in the Software industry, placing it in the top 50.7%.
Is Lancers' Operating Margin % too high?
Lancers' current Operating Margin % is 5.58%. The Software industry median Operating Margin % is 3.89. Lancers' value of 5.58% is 43.6% above this industry median. Based on the distribution chart, Lancers ranks #1431 out of 2822 companies in the Software industry, which is below the industry midpoint. Overall, Lancers has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lancers' Operating Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, Lancers ranks #1431 out of 2822 companies for Operating Margin %. This places Lancers in the lower half of its industry. The industry median Operating Margin % is 3.89. Lancers' value of 5.58% is 43.6% above this benchmark. 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 3.89, based on 2,822 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. Lancers's current Operating Margin % of 5.58% is 43.6% 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 Lancers and its competitors. For the Software industry, the median Operating Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lancers's current Operating Margin % is 5.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lancers stock overvalued right now?
Based on GuruFocus' analysis, Lancers (TSE:4484) is currently considered Fairly Valued. The stock's GF Value™ is 円267.89, compared to a current price of 円279.00 — trading 4.1% above its estimated fair value. The current Operating Margin % is 5.58% and 43.6% above the Software industry median of 3.89. Lancers' overall GF Score™ is 65/100 with 4 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 Lancers (TSE:4484), the current Operating Margin % is 5.58% 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 Lancers (TSE:4484) Overvalued in 2026?

Based on GuruFocus' analysis, Lancers stock appears to be overvalued. The current stock price of 円279.00 is trading 4.1% above its estimated GF Value™ of 円267.89. GuruFocus considers Lancers to be Fairly Valued.

Key valuation signals for TSE:4484:

  • Operating Margin %: 5.58%
  • GF Value™: 円267.89 vs. price of 円279.00 (4.1% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 43.6% above the Software median (#1431 of 2822)

No single metric tells the full story. See the TSE:4484 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lancers Business Description

Address Shibuya 3-10-13, Shibuya-ku, TOKYU REIT Shibuya R Building 9th Floor, Tokyo, JPN, 150-0002
Lancers Inc is a freelance jobs information company based in Tokyo. The company has partnered with SAP Japan to offer a platform for freelancers to take advantage of companies that provide SAP-based working opportunities.
65GF Score

Get the complete analysis for TSE:4484

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

円279.00
Price
円267.89
GF Value