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Tre HoldingsTSE:9247 -2.06%54 Operating Margin % is 12.40% as of Mar. 2026, which is 10% above its 10-year median of 11.23. GuruFocus rates TSE:9247 with a GF Score™ of 54/100 and a GF Value™ of 円1,609.31 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 237 Waste Management companies, Tre Holdings ranks better than 78.48% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Tre Holdings's Operating Income for the
three
months ended in Mar. 2026 was 円3,423 Mil. Tre Holdings's Revenue for the
three
months ended in Mar. 2026 was 円27,605 Mil. Therefore, Tre Holdings's Operating Margin % for the quarter that ended in Mar. 2026 was 12.40%.
The historical rank and industry rank for Tre Holdings's Operating Margin % or its related term are showing as below:
TSE:9247'
s Operating Margin % Range Over the Past 10 Years
Min: 8.28 Med: 11.23 Max: 19.37
Current: 18.75
TSE:9247's Operating Margin % is ranked better than 78.48% of 237
companies
in the Waste Management industry
Industry Median: 6.82
vs TSE:9247: 18.75
Tre Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Tre Holdings's Operating Income for the
three
months ended in Mar. 2026 was 円3,423 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円22,337 Mil.
Tre Holdings (TSE:9247) 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.
Tre Holdings Operating Margin % Related Terms
Tre Holdings Operating Margin % Historical Data
* Premium members only.
The historical data trend for Tre 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:9247 vs WM, RSG, WCN: Operating Margin % Comparison
For the Waste Management subindustry, Tre 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.
Tre Holdings Operating Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tre Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Tre 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.
Tre Holdings'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.
Tre Holdings (TSE:9247) has a Operating Margin % of 12.40% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Tre Holdings and its competitors. This is 10% above median its historical median of 11.23. Over the past decade, Tre Holdings' Operating Margin % has ranged from 8.28 to 19.37. According to the industry distribution chart, Tre Holdings ranks #51 out of 237 companies in the Waste Management industry, placing it in the top 21.5%.
Is Tre Holdings' Operating Margin % too high?
Tre Holdings' current Operating Margin % of 12.40% is 10% above median its 10-year median of 11.23. Over the past 10 years, this metric has ranged from a low of 8.28 to a high of 19.37. The Waste Management industry median Operating Margin % is 6.82. Tre Holdings' value of 12.40% is 81.8% above this industry median. Based on the distribution chart, Tre Holdings ranks #51 out of 237 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Tre Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tre Holdings' Operating Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Tre Holdings ranks #51 out of 237 companies for Operating Margin %. This places Tre Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.82. Tre Holdings' value of 12.40% is 81.8% above this benchmark. Historically, Tre Holdings' own Operating Margin % has ranged from 8.28 to 19.37 over the past decade. While the company's 10-year median is 11.23 vs. the industry median of 6.82, Tre Holdings 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 Waste Management company?
The median Operating Margin % among Waste Management companies is 6.82, based on 237 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. Tre Holdings's current Operating Margin % of 12.40% is 81.8% 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 Tre Holdings and its competitors. For the Waste Management industry, the median Operating Margin % is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tre Holdings's current Operating Margin % is 12.40%, which is 10% above median its own 10-year median of 11.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tre Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tre Holdings (TSE:9247) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,609.31, compared to a current price of 円2,136.00 — trading 32.7% above its estimated fair value. The current Operating Margin % is 12.40%, which is 10% above median its 10-year median of 11.23 and 81.8% above the Waste Management industry median of 6.82. Tre Holdings' overall GF Score™ is 54/100 with 7 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 Tre Holdings (TSE:9247), the current Operating Margin % is 12.40% 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 Tre Holdings (TSE:9247) Overvalued in 2026?
Based on GuruFocus' analysis, Tre Holdings stock appears to be overvalued.
The current stock price of 円2,136.00 is trading 32.7% above its estimated GF Value™ of 円1,609.31.
GuruFocus considers Tre Holdings to be Significantly Overvalued.
Key valuation signals for TSE:9247:
Operating Margin %: 12.40% (10% above median its 10-year median of 11.23)
GF Value™: 円1,609.31 vs. price of 円2,136.00 (32.7% above fair value)
Industry Position: 81.8% above the Waste Management median (#51 of 237)
No single metric tells the full story. See the TSE:9247 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tre Holdings Corp is involved in managing and related activities of its subsidiaries, which operate in the waste treatment and recycling industry, renewable energy sector, environmental engineering, scrap metal recycling, and the disposal of end-of-life vehicles and scrapped home appliances.
54GF 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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