KING Co (TSE:8118) Operating Margin %: 11.54% (As of Mar. 2026) — 12% Above Median

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TSE:8118 KING Co Ltd TSE:8118
61 GF Score
Price 円1,244.00
GF Value 円689.10
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is KING Co Operating Margin %?

KING Co TSE:8118 +0.24% 61 Operating Margin % is 11.54% as of Mar. 2026, which is 12% above its 10-year median of 10.34. GuruFocus rates TSE:8118 with a GF Score™ of 61/100 and a GF Value™ of 円689.10 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, KING Co ranks better than 77.35% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. KING Co's Operating Income for the six months ended in Mar. 2026 was 円469 Mil. KING Co's Revenue for the six months ended in Mar. 2026 was 円4,064 Mil. Therefore, KING Co's Operating Margin % for the quarter that ended in Mar. 2026 was 11.54%.

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

TSE:8118' s Operating Margin % Range Over the Past 10 Years
Min: -0.06   Med: 10.34   Max: 12.75
Current: 10.08


TSE:8118's Operating Margin % is ranked better than
77.35% of 1042 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.075 vs TSE:8118: 10.08

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

KING Co's Operating Income for the six months ended in Mar. 2026 was 円469 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円790 Mil.


KING Co  (TSE:8118) 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.


KING Co Operating Margin % Related Terms


KING Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for KING Co'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.

KING Co Operating Margin % Chart

KING Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.36 12.75 11.63 10.60 10.08

KING Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.06 8.80 12.24 8.51 11.54

KING Co Operating Margin % Competitor Comparison

For the Textile Manufacturing subindustry, KING 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.


KING Co Operating Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KING Co's Operating Margin % distribution charts can be found below:

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


TSE:8118
61GF Score
KING Co Ltd TSE:8118
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KING 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.

KING Co'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 )
=790 / 7835
=10.08 %

KING Co'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 )
=469 / 4064
=11.54 %

* 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 11.54% mean?
KING Co (TSE:8118) has a Operating Margin % of 11.54% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on KING Co and its competitors. This is 12% above median its historical median of 10.34. According to the industry distribution chart, KING Co ranks #236 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.6%.
Is KING Co's Operating Margin % too high?
KING Co's current Operating Margin % of 11.54% is 12% above median its 10-year median of 10.34. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.08. KING Co's value of 11.54% is 183.2% above this industry median. Based on the distribution chart, KING Co ranks #236 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, KING Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KING Co's Operating Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, KING Co ranks #236 out of 1042 companies for Operating Margin %. This places KING Co in the top 23% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.08. KING Co's value of 11.54% is 183.2% above this benchmark. While the company's 10-year median is 10.34 vs. the industry median of 4.08, KING 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 a Manufacturing - Apparel & Accessories company?
The median Operating Margin % among Manufacturing - Apparel & Accessories companies is 4.08, based on 1,042 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. KING Co's current Operating Margin % of 11.54% is 183.2% 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 KING Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KING Co's current Operating Margin % is 11.54%, which is 12% above median its own 10-year median of 10.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KING Co stock overvalued right now?
Based on GuruFocus' analysis, KING Co (TSE:8118) is currently considered Significantly Overvalued. The stock's GF Value™ is 円689.10, compared to a current price of 円1,244.00 — trading 80.5% above its estimated fair value. The current Operating Margin % is 11.54%, which is 12% above median its 10-year median of 10.34 and 183.2% above the Manufacturing - Apparel & Accessories industry median of 4.08. KING Co's overall GF Score™ is 61/100 with 6 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 KING Co (TSE:8118), the current Operating Margin % is 11.54% 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 KING Co (TSE:8118) Overvalued in 2026?

Based on GuruFocus' analysis, KING Co stock appears to be overvalued. The current stock price of 円1,244.00 is trading 80.5% above its estimated GF Value™ of 円689.10. GuruFocus considers KING Co to be Significantly Overvalued.

Key valuation signals for TSE:8118:

  • Operating Margin %: 11.54% (12% above median its 10-year median of 10.34)
  • GF Value™: 円689.10 vs. price of 円1,244.00 (80.5% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 183.2% above the Manufacturing - Apparel & Accessories median (#236 of 1042)

No single metric tells the full story. See the TSE:8118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KING Co Business Description

Address 2-14-9 Nishi Gotanda Shinagawa-ku, Tokyo, JPN, 141-0031
KING Co Ltd is a textile producer and apparel maker of cloths. The company produces printed textiles and manufactures ready-made suits, sweaters, jackets, skirts, slacks, scarves, bags, and others. It sells its products under the brand name PINORE, C'EST CHIC'A, LUPUY, AUSTIN REED, PRIDE BIS, among others.
61GF Score

Get the complete analysis for TSE:8118

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

円1,244.00
Price
円689.10
GF Value