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Bookoff Group HoldingsTSE:9278 +6.33%78 Operating Margin % is 6.85% as of Feb. 2026, which is 200% above its 10-year median of 2.28. GuruFocus rates TSE:9278 with a GF Score™ of 78/100 and a GF Value™ of 円1,841.31 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Bookoff Group Holdings ranks worse than 51.33% on this metric.
Bookoff Group Holdings (TSE:9278) 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.
Bookoff Group Holdings Operating Margin % Related Terms
Bookoff Group Holdings Operating Margin % Historical Data
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The historical data trend for Bookoff Group 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:9278 vs CASY, WSM, DKS: Operating Margin % Comparison
For the Specialty Retail subindustry, Bookoff Group 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.
Bookoff Group Holdings Operating Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Bookoff Group Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Bookoff Group Holdings's Operating Margin % falls into.
Bookoff Group Holdings 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.
Bookoff Group Holdings's Operating Margin % for the fiscal year that ended in May. 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.
Bookoff Group Holdings (TSE:9278) has a Operating Margin % of 6.85% as of Feb. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Bookoff Group Holdings and its competitors. This is 200% above median its historical median of 2.28. Over the past decade, Bookoff Group Holdings' Operating Margin % has ranged from 1.69 to 3.68. According to the industry distribution chart, Bookoff Group Holdings ranks #579 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 51.3%.
Is Bookoff Group Holdings' Operating Margin % too high?
Bookoff Group Holdings' current Operating Margin % of 6.85% is 200% above median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 3.68. The Retail - Cyclical industry median Operating Margin % is 3.89. Bookoff Group Holdings' value of 6.85% is 76.1% above this industry median. Based on the distribution chart, Bookoff Group Holdings ranks #579 out of 1128 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Bookoff Group Holdings has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bookoff Group Holdings' Operating Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Bookoff Group Holdings ranks #579 out of 1128 companies for Operating Margin %. This places Bookoff Group Holdings in the lower half of its industry. The industry median Operating Margin % is 3.89. Bookoff Group Holdings' value of 6.85% is 76.1% above this benchmark. Historically, Bookoff Group Holdings' own Operating Margin % has ranged from 1.69 to 3.68 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 3.89, Bookoff Group 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.89, based on 1,128 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. Bookoff Group Holdings's current Operating Margin % of 6.85% is 76.1% 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 Bookoff Group Holdings and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bookoff Group Holdings's current Operating Margin % is 6.85%, which is 200% above median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bookoff Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bookoff Group Holdings (TSE:9278) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,841.31, compared to a current price of 円2,638.00 — trading 43.3% above its estimated fair value. The current Operating Margin % is 6.85%, which is 200% above median its 10-year median of 2.28 and 76.1% above the Retail - Cyclical industry median of 3.89. Bookoff Group Holdings' overall GF Score™ is 78/100 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 Bookoff Group Holdings (TSE:9278), the current Operating Margin % is 6.85% 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 Bookoff Group Holdings (TSE:9278) Overvalued in 2026?
Based on GuruFocus' analysis, Bookoff Group Holdings stock appears to be overvalued.
The current stock price of 円2,638.00 is trading 43.3% above its estimated GF Value™ of 円1,841.31.
GuruFocus considers Bookoff Group Holdings to be Significantly Overvalued.
Key valuation signals for TSE:9278:
Operating Margin %: 6.85% (200% above median its 10-year median of 2.28)
GF Value™: 円1,841.31 vs. price of 円2,638.00 (43.3% above fair value)
Industry Position: 76.1% above the Retail - Cyclical median (#579 of 1128)
No single metric tells the full story. See the TSE:9278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bookoff Group Holdings Ltd purchases and sells books, software, apparel, sporting goods, baby goods, watches, luxury-brand bags, precious metals, kitchenware, and household goods through its stores, which include BOOKOFF SUPER BAZAAR stores and BOOKOFF PLUS stores. The company's business segments are Reuse Store Business, BOOKOFF Online Business, HUGALL Business, and Packaged Media Business.
78GF 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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