Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Forval RealStraightTSE:9423 71 Operating Margin % is 4.66% as of Mar. 2026, which is 5% above its 10-year median of 4.44. GuruFocus rates TSE:9423 with a GF Score™ of 71/100 and a GF Value™ of 円156.23 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,745 Real Estate companies, Forval RealStraight ranks worse than 70.43% 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.
Forval RealStraight Operating Margin % Related Terms
Forval RealStraight Operating Margin % Historical Data
* Premium members only.
The historical data trend for Forval RealStraight'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:9423 vs CBRE, BEKE, JLL: Operating Margin % Comparison
For the Real Estate Services subindustry, Forval RealStraight'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.
Forval RealStraight Operating Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Forval RealStraight's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Forval RealStraight'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.
Forval RealStraight'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.
Forval RealStraight (TSE:9423) has a Operating Margin % of 4.66% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Forval RealStraight and its competitors. This is near median its historical median of 4.44. Over the past decade, Forval RealStraight's Operating Margin % has ranged from 2.43 to 6.41. According to the industry distribution chart, Forval RealStraight ranks #1229 out of 1745 companies in the Real Estate industry, placing it in the top 70.4%.
Is Forval RealStraight's Operating Margin % too high?
Forval RealStraight's current Operating Margin % of 4.66% is near median its 10-year median of 4.44. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 6.41. The Real Estate industry median Operating Margin % is 13.23. Forval RealStraight's value of 4.66% is 64.8% below this industry median. Based on the distribution chart, Forval RealStraight ranks #1229 out of 1745 companies in the Real Estate industry, which is below the industry midpoint. Overall, Forval RealStraight has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval RealStraight's Operating Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Forval RealStraight ranks #1229 out of 1745 companies for Operating Margin %. This places Forval RealStraight in the lower half of its industry. The industry median Operating Margin % is 13.23. Forval RealStraight's value of 4.66% is 64.8% below this benchmark. Historically, Forval RealStraight's own Operating Margin % has ranged from 2.43 to 6.41 over the past decade. While the company's 10-year median is 4.44 vs. the industry median of 13.23, Forval RealStraight 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 Real Estate company?
The median Operating Margin % among Real Estate companies is 13.23, based on 1,745 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. Forval RealStraight's current Operating Margin % of 4.66% is 64.8% 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 Forval RealStraight and its competitors. For the Real Estate industry, the median Operating Margin % is 13.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval RealStraight's current Operating Margin % is 4.66%, which is near median its own 10-year median of 4.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval RealStraight stock overvalued right now?
Based on GuruFocus' analysis, Forval RealStraight (TSE:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is 円156.23, compared to a current price of 円104.00 — trading 33.4% below its estimated fair value. The current Operating Margin % is 4.66%, which is near median its 10-year median of 4.44 and 64.8% below the Real Estate industry median of 13.23. Forval RealStraight's overall GF Score™ is 71/100 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 Forval RealStraight (TSE:9423), the current Operating Margin % is 4.66% 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 Forval RealStraight (TSE:9423) Overvalued in 2026?
Based on GuruFocus' analysis, Forval RealStraight stock appears to be undervalued.
The current stock price of 円104.00 is trading 33.4% below its estimated GF Value™ of 円156.23.
GuruFocus considers Forval RealStraight to be Significantly Undervalued.
Key valuation signals for TSE:9423:
Operating Margin %: 4.66% (near median its 10-year median of 4.44)
GF Value™: 円156.23 vs. price of 円104.00 (33.4% below fair value)
Industry Position: 64.8% below the Real Estate median (#1229 of 1745)
No single metric tells the full story. See the TSE:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forval RealStraight Inc is a real estate service provider. The business of the company includes real estate brokerage, office relocation support services, and sales of OA communication equipment.
71GF Score
Get the complete analysis for TSE:9423
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:9423 has been successfully added to your 
