SBI Global Asset Management Co (TSE:4765) 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.
SBI Global Asset Management Co Operating Margin % Related Terms
SBI Global Asset Management Co Operating Margin % Historical Data
* 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.
SBI Global Asset Management Co Operating Margin % Chart
TSE:4765 vs BLK, BX, KKR: Operating Margin % Comparison
For the Asset Management subindustry, SBI Global Asset Management 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.
SBI Global Asset Management Co Operating Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, SBI Global Asset Management Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where SBI Global Asset Management Co's Operating Margin % falls into.
SBI Global Asset Management 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.
* 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.
SBI Global Asset Management Co (TSE:4765) has a Operating Margin % of 19.25% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on SBI Global Asset Management Co and its competitors. This is 17% below median its historical median of 23.11. Over the past decade, SBI Global Asset Management Co's Operating Margin % has ranged from 18.50 to 32.57. According to the industry distribution chart, SBI Global Asset Management Co ranks #319 out of 656 companies in the Asset Management industry, placing it in the top 48.6%.
Is SBI Global Asset Management Co's Operating Margin % too high?
SBI Global Asset Management Co's current Operating Margin % of 19.25% is 17% below median its 10-year median of 23.11. Over the past 10 years, this metric has ranged from a low of 18.50 to a high of 32.57. The Asset Management industry median Operating Margin % is 17.00. SBI Global Asset Management Co's value of 19.25% is 13.2% above this industry median. Based on the distribution chart, SBI Global Asset Management Co ranks #319 out of 656 companies in the Asset Management industry, which is above the industry midpoint. Overall, SBI Global Asset Management Co has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SBI Global Asset Management Co's Operating Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, SBI Global Asset Management Co ranks #319 out of 656 companies for Operating Margin %. This puts SBI Global Asset Management Co in the upper half of its industry. The industry median Operating Margin % is 17.00. SBI Global Asset Management Co's value of 19.25% is 13.2% above this benchmark. Historically, SBI Global Asset Management Co's own Operating Margin % has ranged from 18.50 to 32.57 over the past decade. While the company's 10-year median is 23.11 vs. the industry median of 17.00, SBI Global Asset Management Co has consistently been above 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 an Asset Management company?
The median Operating Margin % among Asset Management companies is 17.00, based on 656 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. SBI Global Asset Management Co's current Operating Margin % of 19.25% is 13.2% 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 SBI Global Asset Management Co and its competitors. For the Asset Management industry, the median Operating Margin % is 17.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBI Global Asset Management Co's current Operating Margin % is 19.25%, which is 17% below median its own 10-year median of 23.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBI Global Asset Management Co stock overvalued right now?
Based on GuruFocus' analysis, SBI Global Asset Management Co (TSE:4765) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,400.10, compared to a current price of 円561.00 — trading 59.9% below its estimated fair value. The current Operating Margin % is 19.25%, which is 17% below median its 10-year median of 23.11 and 13.2% above the Asset Management industry median of 17.00. SBI Global Asset Management Co's overall GF Score™ is 85/100 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 SBI Global Asset Management Co (TSE:4765), the current Operating Margin % is 19.25% 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 SBI Global Asset Management Co (TSE:4765) Overvalued in 2026?
Based on GuruFocus' analysis, SBI Global Asset Management Co stock appears to be undervalued.
The current stock price of 円561.00 is trading 59.9% below its estimated GF Value™ of 円1,400.10.
GuruFocus considers SBI Global Asset Management Co to be Possible Value Trap.
Key valuation signals for TSE:4765:
Operating Margin %: 19.25% (17% below median its 10-year median of 23.11)
GF Value™: 円1,400.10 vs. price of 円561.00 (59.9% below fair value)
Industry Position: 13.2% above the Asset Management median (#319 of 656)
No single metric tells the full story. See the TSE:4765 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBI Global Asset Management Co Business Description
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