Forval TelecomTSE:9445 73 Operating Margin % is 4.98% as of Mar. 2026, which is 10% above its 10-year median of 4.54. GuruFocus rates TSE:9445 with a GF Score™ of 73/100 and a GF Value™ of 円457.26 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 364 Telecommunication Services companies, Forval Telecom ranks worse than 65.38% on this metric.
Forval Telecom Inc operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Forval Telecom's Operating Margin % or its related term are showing as below:
TSE:9445'
s Operating Margin % Range Over the Past 10 Years
Min: 2.32 Med: 4.54 Max: 5.17
Current: 5.17
TSE:9445's Operating Margin % is ranked worse than 65.38% of 364
companies
in the Telecommunication Services industry
Industry Median: 9.725
vs TSE:9445: 5.17
Forval Telecom's 5-Year Average Operating Margin % Growth Rate was 5.20% per year.
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 Telecom Operating Margin % Related Terms
Forval Telecom Operating Margin % Historical Data
* Premium members only.
The historical data trend for Forval Telecom'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:9445 vs TMUS, VZ, T: Operating Margin % Comparison
For the Telecom Services subindustry, Forval Telecom'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 Telecom Operating Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Forval Telecom's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Forval Telecom'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 Telecom'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 Telecom (TSE:9445) has a Operating Margin % of 4.98% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Forval Telecom and its competitors. This is 10% above median its historical median of 4.54. Over the past decade, Forval Telecom's Operating Margin % has ranged from 2.32 to 5.17. According to the industry distribution chart, Forval Telecom ranks #238 out of 364 companies in the Telecommunication Services industry, placing it in the top 65.4%.
Is Forval Telecom's Operating Margin % too high?
Forval Telecom's current Operating Margin % of 4.98% is 10% above median its 10-year median of 4.54. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 5.17. The Telecommunication Services industry median Operating Margin % is 9.73. Forval Telecom's value of 4.98% is 48.8% below this industry median. Based on the distribution chart, Forval Telecom ranks #238 out of 364 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Forval Telecom has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forval Telecom's Operating Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Forval Telecom ranks #238 out of 364 companies for Operating Margin %. This places Forval Telecom in the lower half of its industry. The industry median Operating Margin % is 9.73. Forval Telecom's value of 4.98% is 48.8% below this benchmark. Historically, Forval Telecom's own Operating Margin % has ranged from 2.32 to 5.17 over the past decade. While the company's 10-year median is 4.54 vs. the industry median of 9.73, Forval Telecom 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 Telecommunication Services company?
The median Operating Margin % among Telecommunication Services companies is 9.73, based on 364 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 Telecom's current Operating Margin % of 4.98% is 48.8% 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 Telecom and its competitors. For the Telecommunication Services industry, the median Operating Margin % is 9.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval Telecom's current Operating Margin % is 4.98%, which is 10% above median its own 10-year median of 4.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval Telecom stock overvalued right now?
Based on GuruFocus' analysis, Forval Telecom (TSE:9445) is currently considered Modestly Overvalued. The stock's GF Value™ is 円457.26, compared to a current price of 円533.00 — trading 16.6% above its estimated fair value. The current Operating Margin % is 4.98%, which is 10% above median its 10-year median of 4.54 and 48.8% below the Telecommunication Services industry median of 9.73. Forval Telecom's overall GF Score™ is 73/100 with 4 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 Telecom (TSE:9445), the current Operating Margin % is 4.98% 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 Telecom (TSE:9445) Overvalued in 2026?
Based on GuruFocus' analysis, Forval Telecom stock appears to be overvalued.
The current stock price of 円533.00 is trading 16.6% above its estimated GF Value™ of 円457.26.
GuruFocus considers Forval Telecom to be Modestly Overvalued.
Key valuation signals for TSE:9445:
Operating Margin %: 4.98% (10% above median its 10-year median of 4.54)
GF Value™: 円457.26 vs. price of 円533.00 (16.6% above fair value)
Industry Position: 48.8% below the Telecommunication Services median (#238 of 364)
No single metric tells the full story. See the TSE:9445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forval Telecom Inc provides telecommunications communication services and management consulting services in Japan. It provides discount international and domestic telephone and cellular phone services for the business and private sectors. It is also involved in the security certification acquisition consulting business.
73GF Score
Get the complete analysis for TSE:9445
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:9445 has been successfully added to your 
