Waqoo (TSE:4937) Operating Margin %: 23.69% (As of Mar. 2026) — 720% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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:4937 Waqoo Inc TSE:4937
66 GF Score
Price 円1,447.00
GF Value 円1,610.85
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Waqoo Operating Margin %?

Waqoo TSE:4937 -2.03% 66 Operating Margin % is 23.69% as of Mar. 2026, which is 720% above its 10-year median of 2.89. GuruFocus rates TSE:4937 with a GF Score™ of 66/100 and a GF Value™ of 円1,610.85 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,123 Retail - Cyclical companies, Waqoo ranks better than 89.67% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Waqoo's Operating Income for the three months ended in Mar. 2026 was 円172 Mil. Waqoo's Revenue for the three months ended in Mar. 2026 was 円726 Mil. Therefore, Waqoo's Operating Margin % for the quarter that ended in Mar. 2026 was 23.69%.

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

TSE:4937' s Operating Margin % Range Over the Past 10 Years
Min: -23.29   Med: 2.89   Max: 16.1
Current: 15.11


TSE:4937's Operating Margin % is ranked better than
89.67% of 1123 companies
in the Retail - Cyclical industry
Industry Median: 3.93 vs TSE:4937: 15.11

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

Waqoo's Operating Income for the three months ended in Mar. 2026 was 円172 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円341 Mil.


Waqoo  (TSE:4937) 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.


Waqoo Operating Margin % Related Terms


Waqoo Operating Margin % Historical Data

* Premium members only.

The historical data trend for Waqoo'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.

Waqoo Operating Margin % Chart

Waqoo Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Operating Margin %
Get a 7-Day Free Trial 3.19 -1.46 16.10 2.89 7.70

Waqoo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only -1.58 4.04 28.52 -8.28 23.69

TSE:4937 vs AMZN, BABA, PDD: Operating Margin % Comparison

For the Internet Retail subindustry, Waqoo'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.


Waqoo Operating Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Waqoo's Operating Margin % distribution charts can be found below:

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


TSE:4937
66GF Score
Waqoo Inc TSE:4937
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Waqoo 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.

Waqoo's Operating Margin % for the fiscal year that ended in Sep. 2025 is calculated as

Operating Margin %=Operating Income (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=150.941 / 1960.902
=7.70 %

Waqoo'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 )
=171.933 / 725.87
=23.69 %

* 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 23.69% mean?
Waqoo (TSE:4937) has a Operating Margin % of 23.69% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Waqoo and its competitors. This is 720% above median its historical median of 2.89. According to the industry distribution chart, Waqoo ranks #116 out of 1123 companies in the Retail - Cyclical industry, placing it in the top 10.3%.
Is Waqoo's Operating Margin % too high?
Waqoo's current Operating Margin % of 23.69% is 720% above median its 10-year median of 2.89. The Retail - Cyclical industry median Operating Margin % is 3.93. Waqoo's value of 23.69% is 502.8% above this industry median. Based on the distribution chart, Waqoo ranks #116 out of 1123 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Waqoo has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waqoo's Operating Margin % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Waqoo ranks #116 out of 1123 companies for Operating Margin %. This places Waqoo in the top 10% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.93. Waqoo's value of 23.69% is 502.8% above this benchmark. While the company's 10-year median is 2.89 vs. the industry median of 3.93, Waqoo 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 a Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.93, based on 1,123 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. Waqoo's current Operating Margin % of 23.69% is 502.8% 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 Waqoo and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waqoo's current Operating Margin % is 23.69%, which is 720% above median its own 10-year median of 2.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waqoo stock overvalued right now?
Based on GuruFocus' analysis, Waqoo (TSE:4937) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,610.85, compared to a current price of 円1,447.00 — trading 10.2% below its estimated fair value. The current Operating Margin % is 23.69%, which is 720% above median its 10-year median of 2.89 and 502.8% above the Retail - Cyclical industry median of 3.93. Waqoo's overall GF Score™ is 66/100 with 1 warning sign 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 Waqoo (TSE:4937), the current Operating Margin % is 23.69% 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 Waqoo (TSE:4937) Overvalued in 2026?

Based on GuruFocus' analysis, Waqoo stock appears to be undervalued. The current stock price of 円1,447.00 is trading 10.2% below its estimated GF Value™ of 円1,610.85. GuruFocus considers Waqoo to be Modestly Undervalued.

Key valuation signals for TSE:4937:

  • Operating Margin %: 23.69% (720% above median its 10-year median of 2.89)
  • GF Value™: 円1,610.85 vs. price of 円1,447.00 (10.2% below fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 502.8% above the Retail - Cyclical median (#116 of 1123)

No single metric tells the full story. See the TSE:4937 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Waqoo Business Description

Address 4th floor, Yokomizo Building, 2-14-1 Kamiuma, Setagaya-ku, Tokyo, JPN, 154-0011
Waqoo Inc is engaged in planning and developing its brand-name goods, like cosmetics, and selling them on the company's website and others, by using digital marketing strategies. It has two segments the D2C business involves planning and developing original brands (cosmetics, etc.) using digital marketing, and the Medical Support Business is an initiative in the field of regenerative medicine, and is expanding into the areas of orthopedics and AGA.
66GF Score

Get the complete analysis for TSE:4937

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

円1,447.00
Price
円1,610.85
GF Value