Yonex CoYONXF 88 Operating Margin % is 8.39% as of Mar. 2026, which is 6% above its 10-year median of 7.93. GuruFocus rates YONXF with a GF Score™ of 88/100 and a GF Value™ of $29.25. Among 844 Travel & Leisure companies, Yonex Co ranks better than 56.4% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Yonex Co's Operating Income for the
three
months ended in Mar. 2026 was $23 Mil. Yonex Co's Revenue for the
three
months ended in Mar. 2026 was $272 Mil. Therefore, Yonex Co's Operating Margin % for the quarter that ended in Mar. 2026 was 8.39%.
Good Sign:
Yonex Co Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Yonex Co's Operating Margin % or its related term are showing as below:
YONXF'
s Operating Margin % Range Over the Past 10 Years
Min: 2 Med: 7.93 Max: 10.25
Current: 10.12
YONXF's Operating Margin % is ranked better than 56.4% of 844
companies
in the Travel & Leisure industry
Industry Median: 8.135
vs YONXF: 10.12
Yonex Co's 5-Year Average Operating Margin % Growth Rate was 27.60% per year.
Yonex Co's Operating Income for the
three
months ended in Mar. 2026 was $23 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $110 Mil.
Yonex Co (OTCPK:YONXF) 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.
Yonex Co Operating Margin % Related Terms
Yonex Co Operating Margin % Historical Data
* Premium members only.
The historical data trend for Yonex 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.
YONXF vs AS, HAS, LTH: Operating Margin % Comparison
For the Leisure subindustry, Yonex 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.
Yonex Co Operating Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Yonex Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Yonex Co'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.
Yonex Co'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.
Yonex Co (YONXF) has a Operating Margin % of 8.39% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Yonex Co and its competitors. This is near median its historical median of 7.93. Over the past decade, Yonex Co's Operating Margin % has ranged from 2.00 to 10.25. According to the industry distribution chart, Yonex Co ranks #368 out of 844 companies in the Travel & Leisure industry, placing it in the top 43.6%.
Is Yonex Co's Operating Margin % too high?
Yonex Co's current Operating Margin % of 8.39% is near median its 10-year median of 7.93. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 10.25. The Travel & Leisure industry median Operating Margin % is 8.14. Yonex Co's value of 8.39% is 3.1% above this industry median. Based on the distribution chart, Yonex Co ranks #368 out of 844 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Yonex Co has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Yonex Co's Operating Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Yonex Co ranks #368 out of 844 companies for Operating Margin %. This puts Yonex Co in the upper half of its industry. The industry median Operating Margin % is 8.14. Yonex Co's value of 8.39% is 3.1% above this benchmark. Historically, Yonex Co's own Operating Margin % has ranged from 2.00 to 10.25 over the past decade. While the company's 10-year median is 7.93 vs. the industry median of 8.14, Yonex 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 Travel & Leisure company?
The median Operating Margin % among Travel & Leisure companies is 8.14, based on 844 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. Yonex Co's current Operating Margin % of 8.39% is 3.1% 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 Yonex Co and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yonex Co's current Operating Margin % is 8.39%, which is near median its own 10-year median of 7.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yonex Co stock overvalued right now?
Yonex Co (YONXF) has a current Operating Margin % of 8.39%. The stock's GF Value™ is $29.25, compared to a current price of $23.12 — trading 21% below its estimated fair value. The current Operating Margin % is 8.39%, which is near median its 10-year median of 7.93 and 3.1% above the Travel & Leisure industry median of 8.14. Yonex Co's overall GF Score™ is 88/100. 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 Yonex Co (YONXF), the current Operating Margin % is 8.39% 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 Yonex Co (YONXF) Overvalued in 2026?
Based on GuruFocus' analysis, Yonex Co stock appears to be undervalued.
The current stock price of $23.12 is trading 21% below its estimated GF Value™ of $29.25.
Key valuation signals for YONXF:
Operating Margin %: 8.39% (near median its 10-year median of 7.93)
GF Value™: $29.25 vs. price of $23.12 (21% below fair value)
Industry Position: 3.1% above the Travel & Leisure median (#368 of 844)
No single metric tells the full story. See the YONXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yonex Co Ltd is a Japan based company engaged in manufacture and sale of sporting goods and golf course management. It produces Badminton Equipment, Tennis, Soft Tennis Equipment, and Golf Equipment. The Badminton Equipment includes Racquets, shuttlecocks, strings, apparel, shoes, bags, etc.; The Tennis, Soft Tennis Equipment includes Racquets, strings, apparel, shoes, bags, balls, etc. and Golf Equipment includes Woods, irons, putters, shafts, apparel, shoes, bags, accessories, etc. It has four geographical segments Japan, North America, Europe, and Asia.
88GF Score
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