RebaseTSE:5138 -4.15%72 Operating Margin % is 2.61% as of Mar. 2026, which is 88% below its 10-year median of 22.63. GuruFocus rates TSE:5138 with a GF Score™ of 72/100 and a GF Value™ of 円1,592.82 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 553 Interactive Media companies, Rebase ranks better than 54.25% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Rebase's Operating Income for the
six
months ended in Mar. 2026 was 円31 Mil. Rebase's Revenue for the
six
months ended in Mar. 2026 was 円1,180 Mil. Therefore, Rebase's Operating Margin % for the quarter that ended in Mar. 2026 was 2.61%.
Warning Sign:
Rebase Inc operating margin has been in a 5-year decline. The average rate of decline per year is -20.3%.
The historical rank and industry rank for Rebase's Operating Margin % or its related term are showing as below:
TSE:5138'
s Operating Margin % Range Over the Past 10 Years
Min: 4.46 Med: 22.63 Max: 25.28
Current: 4.46
TSE:5138's Operating Margin % is ranked better than 54.25% of 553
companies
in the Interactive Media industry
Industry Median: 2.99
vs TSE:5138: 4.46
Rebase's 5-Year Average Operating Margin % Growth Rate was -20.30% per year.
Rebase's Operating Income for the
six
months ended in Mar. 2026 was 円31 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円97 Mil.
Rebase (TSE:5138) 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.
Rebase Operating Margin % Related Terms
Rebase Operating Margin % Historical Data
* Premium members only.
The historical data trend for Rebase'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:5138 vs GOOGL, META, SPOT: Operating Margin % Comparison
For the Internet Content & Information subindustry, Rebase'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.
Rebase Operating Margin % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Rebase's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Rebase's Operating Margin % falls into.
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.
Rebase'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.
Rebase (TSE:5138) has a Operating Margin % of 2.61% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Rebase and its competitors. This is 88% below median its historical median of 22.63. Over the past decade, Rebase's Operating Margin % has ranged from 4.46 to 25.28. According to the industry distribution chart, Rebase ranks #253 out of 553 companies in the Interactive Media industry, placing it in the top 45.8%.
Is Rebase's Operating Margin % too high?
Rebase's current Operating Margin % of 2.61% is 88% below median its 10-year median of 22.63. Over the past 10 years, this metric has ranged from a low of 4.46 to a high of 25.28. The Interactive Media industry median Operating Margin % is 2.99. Rebase's value of 2.61% is 12.7% below this industry median. Based on the distribution chart, Rebase ranks #253 out of 553 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Rebase has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rebase's Operating Margin % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Rebase ranks #253 out of 553 companies for Operating Margin %. This puts Rebase in the upper half of its industry. The industry median Operating Margin % is 2.99. Rebase's value of 2.61% is 12.7% below this benchmark. Historically, Rebase's own Operating Margin % has ranged from 4.46 to 25.28 over the past decade. While the company's 10-year median is 22.63 vs. the industry median of 2.99, Rebase 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 an Interactive Media company?
The median Operating Margin % among Interactive Media companies is 2.99, based on 553 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. Rebase's current Operating Margin % of 2.61% is 12.7% 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 Rebase and its competitors. For the Interactive Media industry, the median Operating Margin % is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rebase's current Operating Margin % is 2.61%, which is 88% below median its own 10-year median of 22.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rebase stock overvalued right now?
Based on GuruFocus' analysis, Rebase (TSE:5138) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,592.82, compared to a current price of 円370.00 — trading 76.8% below its estimated fair value. The current Operating Margin % is 2.61%, which is 88% below median its 10-year median of 22.63 and 12.7% below the Interactive Media industry median of 2.99. Rebase's overall GF Score™ is 72/100 with 5 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 Rebase (TSE:5138), the current Operating Margin % is 2.61% 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 Rebase (TSE:5138) Overvalued in 2026?
Based on GuruFocus' analysis, Rebase stock appears to be undervalued.
The current stock price of 円370.00 is trading 76.8% below its estimated GF Value™ of 円1,592.82.
GuruFocus considers Rebase to be Possible Value Trap.
Key valuation signals for TSE:5138:
Operating Margin %: 2.61% (88% below median its 10-year median of 22.63)
GF Value™: 円1,592.82 vs. price of 円370.00 (76.8% below fair value)
Industry Position: 12.7% below the Interactive Media median (#253 of 553)
No single metric tells the full story. See the TSE:5138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rebase Inc is engaged in the development and operation of the online marketplace Instabase, a platform for matching open rooms to users who can rent them either on an hourly or daily basis, as well as other related businesses. It is a matching service offering that allows customers to make reservations online from their computer or smartphone. Instabase offers a wide variety of spaces, including conference rooms, telework spaces, old houses, photography studios, and dance studios, depending on the usage scenario. In addition, the space can be used for business purposes such as meetings, business negotiations, seminars, training, and study sessions, as well as yoga and dance lessons, photography, home activities, and more.
72GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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