MrMax HoldingsTSE:8203 -1.65%71 Operating Margin % is 2.25% as of Feb. 2026, which is 12% below its 10-year median of 2.57. GuruFocus rates TSE:8203 with a GF Score™ of 71/100 and a GF Value™ of 円755.46 (Fairly Valued). The stock has 2 warning signs investors should review. Among 310 Retail - Defensive companies, MrMax Holdings ranks worse than 55.16% on this metric.
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.
MrMax Holdings Operating Margin % Related Terms
MrMax Holdings Operating Margin % Historical Data
* Premium members only.
The historical data trend for MrMax Holdings'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:8203 vs WMT, COST, TGT: Operating Margin % Comparison
For the Discount Stores subindustry, MrMax Holdings'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.
MrMax Holdings Operating Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, MrMax Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where MrMax Holdings'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.
MrMax Holdings's Operating Margin % for the fiscal year that ended in Feb. 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.
MrMax Holdings (TSE:8203) has a Operating Margin % of 2.25% as of Feb. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on MrMax Holdings and its competitors. This is 12% below median its historical median of 2.57. Over the past decade, MrMax Holdings' Operating Margin % has ranged from 1.29 to 4.56. According to the industry distribution chart, MrMax Holdings ranks #171 out of 310 companies in the Retail - Defensive industry, placing it in the top 55.2%.
Is MrMax Holdings' Operating Margin % too high?
MrMax Holdings' current Operating Margin % of 2.25% is 12% below median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 4.56. The Retail - Defensive industry median Operating Margin % is 3.28. MrMax Holdings' value of 2.25% is 31.3% below this industry median. Based on the distribution chart, MrMax Holdings ranks #171 out of 310 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, MrMax Holdings has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MrMax Holdings' Operating Margin % compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, MrMax Holdings ranks #171 out of 310 companies for Operating Margin %. This places MrMax Holdings in the lower half of its industry. The industry median Operating Margin % is 3.28. MrMax Holdings' value of 2.25% is 31.3% below this benchmark. Historically, MrMax Holdings' own Operating Margin % has ranged from 1.29 to 4.56 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 3.28, MrMax Holdings 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 a Retail - Defensive company?
The median Operating Margin % among Retail - Defensive companies is 3.28, based on 310 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. MrMax Holdings's current Operating Margin % of 2.25% is 31.3% 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 MrMax Holdings and its competitors. For the Retail - Defensive industry, the median Operating Margin % is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MrMax Holdings's current Operating Margin % is 2.25%, which is 12% below median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MrMax Holdings stock overvalued right now?
Based on GuruFocus' analysis, MrMax Holdings (TSE:8203) is currently considered Fairly Valued. The stock's GF Value™ is 円755.46, compared to a current price of 円773.00 — trading 2.3% above its estimated fair value. The current Operating Margin % is 2.25%, which is 12% below median its 10-year median of 2.57 and 31.3% below the Retail - Defensive industry median of 3.28. MrMax Holdings' overall GF Score™ is 71/100 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 MrMax Holdings (TSE:8203), the current Operating Margin % is 2.25% as of Feb. 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 MrMax Holdings (TSE:8203) Overvalued in 2026?
Based on GuruFocus' analysis, MrMax Holdings stock appears to be overvalued.
The current stock price of 円773.00 is trading 2.3% above its estimated GF Value™ of 円755.46.
GuruFocus considers MrMax Holdings to be Fairly Valued.
Key valuation signals for TSE:8203:
Operating Margin %: 2.25% (12% below median its 10-year median of 2.57)
GF Value™: 円755.46 vs. price of 円773.00 (2.3% above fair value)
Industry Position: 31.3% below the Retail - Defensive median (#171 of 310)
No single metric tells the full story. See the TSE:8203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MrMax Holdings Ltd is an online and physical discount store that sells household and consumer products. The company offers products such as T.V, phones, kitchen and household electronic appliances, sanitary products, clothes, sports goods, foods, and beverages, carry cases, and others.
71GF 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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