Nareru GroupTSE:9163 +0.09%37 Operating Margin % is 10.69% as of Apr. 2026, which is 24% below its 10-year median of 14.03. GuruFocus rates TSE:9163 with a GF Score™ of 37/100 and a GF Value™ of 円2,923.72 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,761 Construction companies, Nareru Group ranks better than 72.86% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Nareru Group's Operating Income for the
six
months ended in Apr. 2026 was 円1,355 Mil. Nareru Group's Revenue for the
six
months ended in Apr. 2026 was 円12,669 Mil. Therefore, Nareru Group's Operating Margin % for the quarter that ended in Apr. 2026 was 10.69%.
The historical rank and industry rank for Nareru Group's Operating Margin % or its related term are showing as below:
TSE:9163'
s Operating Margin % Range Over the Past 10 Years
Min: 10.57 Med: 14.03 Max: 14.5
Current: 10.57
TSE:9163's Operating Margin % is ranked better than 72.86% of 1761
companies
in the Construction industry
Industry Median: 5.89
vs TSE:9163: 10.57
Nareru Group's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Nareru Group's Operating Income for the
six
months ended in Apr. 2026 was 円1,355 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was 円2,647 Mil.
Nareru Group (TSE:9163) 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.
Nareru Group Operating Margin % Related Terms
Nareru Group Operating Margin % Historical Data
* Premium members only.
The historical data trend for Nareru Group'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:9163 vs PWR, FIX, EME: Operating Margin % Comparison
For the Engineering & Construction subindustry, Nareru Group'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.
Nareru Group Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, Nareru Group's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Nareru Group'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.
Nareru Group's Operating Margin % for the fiscal year that ended in Oct. 2025 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.
Nareru Group (TSE:9163) has a Operating Margin % of 10.69% as of Apr. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Nareru Group and its competitors. This is 24% below median its historical median of 14.03. Over the past decade, Nareru Group's Operating Margin % has ranged from 10.57 to 14.50. According to the industry distribution chart, Nareru Group ranks #478 out of 1761 companies in the Construction industry, placing it in the top 27.1%.
Is Nareru Group's Operating Margin % too high?
Nareru Group's current Operating Margin % of 10.69% is 24% below median its 10-year median of 14.03. Over the past 10 years, this metric has ranged from a low of 10.57 to a high of 14.50. The Construction industry median Operating Margin % is 5.89. Nareru Group's value of 10.69% is 81.5% above this industry median. Based on the distribution chart, Nareru Group ranks #478 out of 1761 companies in the Construction industry, which is above the industry midpoint. Overall, Nareru Group has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nareru Group's Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Nareru Group ranks #478 out of 1761 companies for Operating Margin %. This puts Nareru Group in the upper half of its industry. The industry median Operating Margin % is 5.89. Nareru Group's value of 10.69% is 81.5% above this benchmark. Historically, Nareru Group's own Operating Margin % has ranged from 10.57 to 14.50 over the past decade. While the company's 10-year median is 14.03 vs. the industry median of 5.89, Nareru Group 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 Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,761 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. Nareru Group's current Operating Margin % of 10.69% is 81.5% 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 Nareru Group and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nareru Group's current Operating Margin % is 10.69%, which is 24% below median its own 10-year median of 14.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nareru Group stock overvalued right now?
Based on GuruFocus' analysis, Nareru Group (TSE:9163) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,923.72, compared to a current price of 円2,251.00 — trading 23% below its estimated fair value. The current Operating Margin % is 10.69%, which is 24% below median its 10-year median of 14.03 and 81.5% above the Construction industry median of 5.89. Nareru Group's overall GF Score™ is 37/100 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 Nareru Group (TSE:9163), the current Operating Margin % is 10.69% as of Apr. 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 Nareru Group (TSE:9163) Overvalued in 2026?
Based on GuruFocus' analysis, Nareru Group stock appears to be undervalued.
The current stock price of 円2,251.00 is trading 23% below its estimated GF Value™ of 円2,923.72.
GuruFocus considers Nareru Group to be Modestly Undervalued.
Key valuation signals for TSE:9163:
Operating Margin %: 10.69% (24% below median its 10-year median of 14.03)
GF Value™: 円2,923.72 vs. price of 円2,251.00 (23% below fair value)
Industry Position: 81.5% above the Construction median (#478 of 1761)
No single metric tells the full story. See the TSE:9163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nareru Group Inc is engaged in the Dispatching service of construction engineers and computer engineers. The company provides services in the areas of architecture, civil engineering, air conditioning and sanitary, and electrical equipment.
37GF Score
Get the complete analysis for TSE:9163
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:9163 has been successfully added to your 
