Mitsuboshi BeltingTSE:5192 +0.13%91 Operating Margin % is 8.97% as of Mar. 2026, which is 12% below its 10-year median of 10.24. GuruFocus rates TSE:5192 with a GF Score™ of 91/100 and a GF Value™ of 円4,366.96 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,031 Industrial Products companies, Mitsuboshi Belting ranks better than 63.61% on this metric.
Mitsuboshi Belting Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Mitsuboshi Belting's Operating Margin % or its related term are showing as below:
TSE:5192'
s Operating Margin % Range Over the Past 10 Years
Min: 7.66 Med: 10.24 Max: 12.47
Current: 9.4
TSE:5192's Operating Margin % is ranked better than 63.61% of 3031
companies
in the Industrial Products industry
Industry Median: 6.53
vs TSE:5192: 9.40
Mitsuboshi Belting's 5-Year Average Operating Margin % Growth Rate was 2.20% per year.
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.
Mitsuboshi Belting Operating Margin % Related Terms
Mitsuboshi Belting Operating Margin % Historical Data
* Premium members only.
The historical data trend for Mitsuboshi Belting'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:5192 vs GEV, ETN, PH: Operating Margin % Comparison
For the Specialty Industrial Machinery subindustry, Mitsuboshi Belting'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.
Mitsuboshi Belting Operating Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mitsuboshi Belting's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Mitsuboshi Belting'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.
Mitsuboshi Belting'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.
Mitsuboshi Belting (TSE:5192) has a Operating Margin % of 8.97% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Mitsuboshi Belting and its competitors. This is 12% below median its historical median of 10.24. Over the past decade, Mitsuboshi Belting's Operating Margin % has ranged from 7.66 to 12.47. According to the industry distribution chart, Mitsuboshi Belting ranks #1103 out of 3031 companies in the Industrial Products industry, placing it in the top 36.4%.
Is Mitsuboshi Belting's Operating Margin % too high?
Mitsuboshi Belting's current Operating Margin % of 8.97% is 12% below median its 10-year median of 10.24. Over the past 10 years, this metric has ranged from a low of 7.66 to a high of 12.47. The Industrial Products industry median Operating Margin % is 6.53. Mitsuboshi Belting's value of 8.97% is 37.4% above this industry median. Based on the distribution chart, Mitsuboshi Belting ranks #1103 out of 3031 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Mitsuboshi Belting has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitsuboshi Belting's Operating Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mitsuboshi Belting ranks #1103 out of 3031 companies for Operating Margin %. This puts Mitsuboshi Belting in the upper half of its industry. The industry median Operating Margin % is 6.53. Mitsuboshi Belting's value of 8.97% is 37.4% above this benchmark. Historically, Mitsuboshi Belting's own Operating Margin % has ranged from 7.66 to 12.47 over the past decade. While the company's 10-year median is 10.24 vs. the industry median of 6.53, Mitsuboshi Belting 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 Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.53, based on 3,031 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. Mitsuboshi Belting's current Operating Margin % of 8.97% is 37.4% 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 Mitsuboshi Belting and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsuboshi Belting's current Operating Margin % is 8.97%, which is 12% below median its own 10-year median of 10.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsuboshi Belting stock overvalued right now?
Based on GuruFocus' analysis, Mitsuboshi Belting (TSE:5192) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,366.96, compared to a current price of 円3,950.00 — trading 9.5% below its estimated fair value. The current Operating Margin % is 8.97%, which is 12% below median its 10-year median of 10.24 and 37.4% above the Industrial Products industry median of 6.53. Mitsuboshi Belting's overall GF Score™ is 91/100 with 2 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 Mitsuboshi Belting (TSE:5192), the current Operating Margin % is 8.97% 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 Mitsuboshi Belting (TSE:5192) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsuboshi Belting stock appears to be undervalued.
The current stock price of 円3,950.00 is trading 9.5% below its estimated GF Value™ of 円4,366.96.
GuruFocus considers Mitsuboshi Belting to be Modestly Undervalued.
Key valuation signals for TSE:5192:
Operating Margin %: 8.97% (12% below median its 10-year median of 10.24)
GF Value™: 円4,366.96 vs. price of 円3,950.00 (9.5% below fair value)
Industry Position: 37.4% above the Industrial Products median (#1103 of 3031)
No single metric tells the full story. See the TSE:5192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsuboshi Belting Ltd is involved in the business of Power transmission belts and related products, Conveyor belts and systems and related products, Engineering plastics, Engineering structural foam, Waterproofing and Watershielding sheet, Metal nanoparticle related products. Its products include automobile and motorcycle transmission belts, general industrial transmission belts, pulleys, conveyer belts, systems, engineering plastic materials and processed products, waterproofing materials for construction etc.
91GF Score
Get the complete analysis for TSE:5192
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:5192 has been successfully added to your 
