Asia Air Survey Co (TSE:9233) Operating Margin %: 22.57% (As of Mar. 2026) — 223% Above Median


TSE:9233 Asia Air Survey Co Ltd TSE:9233
78 GF Score
Price 円1,110.00
GF Value 円1,160.42
Valuation Fairly Valued
! 3 Warning Signs
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What is Asia Air Survey Co Operating Margin %?

Asia Air Survey Co TSE:9233 -0.98% 78 Operating Margin % is 22.57% as of Mar. 2026, which is 223% above its 10-year median of 6.99. GuruFocus rates TSE:9233 with a GF Score™ of 78/100 and a GF Value™ of 円1,160.42 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,767 Construction companies, Asia Air Survey Co ranks better than 50.88% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Asia Air Survey Co's Operating Income for the three months ended in Mar. 2026 was 円3,335 Mil. Asia Air Survey Co's Revenue for the three months ended in Mar. 2026 was 円14,776 Mil. Therefore, Asia Air Survey Co's Operating Margin % for the quarter that ended in Mar. 2026 was 22.57%.

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

TSE:9233' s Operating Margin % Range Over the Past 10 Years
Min: 3.85   Med: 6.99   Max: 12.28
Current: 6.07


TSE:9233's Operating Margin % is ranked better than
50.88% of 1767 companies
in the Construction industry
Industry Median: 5.89 vs TSE:9233: 6.07

Asia Air Survey Co's 5-Year Average Operating Margin % Growth Rate was -0.20% per year.

Asia Air Survey Co's Operating Income for the three months ended in Mar. 2026 was 円3,335 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,465 Mil.


Asia Air Survey Co  (TSE:9233) 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.


Asia Air Survey Co Operating Margin % Related Terms


Asia Air Survey Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Asia Air Survey 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.

Asia Air Survey Co Operating Margin % Chart

Asia Air Survey Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.19 7.32 7.36 7.08 6.87

Asia Air Survey Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 25.27 -24.64 5.00 1.27 22.57

TSE:9233 vs PWR, FIX, EME: Operating Margin % Comparison

For the Engineering & Construction subindustry, Asia Air Survey 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.


Asia Air Survey Co Operating Margin % vs Construction Industry

For the Construction industry and Industrials sector, Asia Air Survey Co's Operating Margin % distribution charts can be found below:

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


TSE:9233
78GF Score
Asia Air Survey Co Ltd TSE:9233
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Air Survey 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.

Asia Air Survey Co's Operating Margin % for the fiscal year that ended in Sep. 2025 is calculated as

Operating Margin %=Operating Income (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=2856.471 / 41591.491
=6.87 %

Asia Air Survey 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 )
=3335.422 / 14776.307
=22.57 %

* 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 22.57% mean?
Asia Air Survey Co (TSE:9233) has a Operating Margin % of 22.57% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Asia Air Survey Co and its competitors. This is 223% above median its historical median of 6.99. Over the past decade, Asia Air Survey Co's Operating Margin % has ranged from 3.85 to 12.28. According to the industry distribution chart, Asia Air Survey Co ranks #868 out of 1767 companies in the Construction industry, placing it in the top 49.1%.
Is Asia Air Survey Co's Operating Margin % too high?
Asia Air Survey Co's current Operating Margin % of 22.57% is 223% above median its 10-year median of 6.99. Over the past 10 years, this metric has ranged from a low of 3.85 to a high of 12.28. The Construction industry median Operating Margin % is 5.89. Asia Air Survey Co's value of 22.57% is 283.2% above this industry median. Based on the distribution chart, Asia Air Survey Co ranks #868 out of 1767 companies in the Construction industry, which is above the industry midpoint. Overall, Asia Air Survey Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Air Survey Co's Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Asia Air Survey Co ranks #868 out of 1767 companies for Operating Margin %. This puts Asia Air Survey Co in the upper half of its industry. The industry median Operating Margin % is 5.89. Asia Air Survey Co's value of 22.57% is 283.2% above this benchmark. Historically, Asia Air Survey Co's own Operating Margin % has ranged from 3.85 to 12.28 over the past decade. While the company's 10-year median is 6.99 vs. the industry median of 5.89, Asia Air Survey 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 Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,767 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. Asia Air Survey Co's current Operating Margin % of 22.57% is 283.2% 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 Asia Air Survey Co 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. Asia Air Survey Co's current Operating Margin % is 22.57%, which is 223% above median its own 10-year median of 6.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Air Survey Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Air Survey Co (TSE:9233) is currently considered Fairly Valued. The stock's GF Value™ is 円1,160.42, compared to a current price of 円1,110.00 — trading 4.3% below its estimated fair value. The current Operating Margin % is 22.57%, which is 223% above median its 10-year median of 6.99 and 283.2% above the Construction industry median of 5.89. Asia Air Survey Co's overall GF Score™ is 78/100 with 3 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 Asia Air Survey Co (TSE:9233), the current Operating Margin % is 22.57% 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 Asia Air Survey Co (TSE:9233) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Air Survey Co stock appears to be undervalued. The current stock price of 円1,110.00 is trading 4.3% below its estimated GF Value™ of 円1,160.42. GuruFocus considers Asia Air Survey Co to be Fairly Valued.

Key valuation signals for TSE:9233:

  • Operating Margin %: 22.57% (223% above median its 10-year median of 6.99)
  • GF Value™: 円1,160.42 vs. price of 円1,110.00 (4.3% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 283.2% above the Construction median (#868 of 1767)

No single metric tells the full story. See the TSE:9233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Air Survey Co Business Description

Other Exchanges AASLF:USA
Address 6-14-1 Nishi Shinjuku, Shinjuku-ku, Green Tower Building, 15th Floor, Tokyo, JPN, 160-0023
Asia Air Survey Co Ltd is a construction consulting company specializing in aerial surveying. The company includes a group of technical specialists with high-precision, specialized technology in businesses and fields such as surveying, disaster prevention, the environment and spatial information.
78GF Score

Get the complete analysis for TSE:9233

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

円1,110.00
Price
円1,160.42
GF Value