Nippon Paper Industries Co (TSE:3863) Pretax Margin %: 2.64% (As of Mar. 2026) — 87% Above Median


TSE:3863 Nippon Paper Industries Co Ltd TSE:3863
60 GF Score
Price 円1,309.00
GF Value 円1,145.88
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Nippon Paper Industries Co Pretax Margin %?

Nippon Paper Industries Co TSE:3863 -1.06% 60 Pretax Margin % is 2.64% as of Mar. 2026, which is 87% above its 10-year median of 1.41. GuruFocus rates TSE:3863 with a GF Score™ of 60/100 and a GF Value™ of 円1,145.88 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 283 Forest Products companies, Nippon Paper Industries Co ranks better than 53% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nippon Paper Industries Co's Pre-Tax Income for the three months ended in Mar. 2026 was 円8,004 Mil. Nippon Paper Industries Co's Revenue for the three months ended in Mar. 2026 was 円303,084 Mil. Therefore, Nippon Paper Industries Co's pretax margin for the quarter that ended in Mar. 2026 was 2.64%.

The historical rank and industry rank for Nippon Paper Industries Co's Pretax Margin % or its related term are showing as below:

TSE:3863' s Pretax Margin % Range Over the Past 10 Years
Min: -3.59   Med: 1.41   Max: 2.67
Current: 2.05


TSE:3863's Pretax Margin % is ranked better than
53% of 283 companies
in the Forest Products industry
Industry Median: 1.73 vs TSE:3863: 2.05

Nippon Paper Industries Co  (TSE:3863) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Nippon Paper Industries Co Pretax Margin % Related Terms


Nippon Paper Industries Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Nippon Paper Industries Co's Pretax 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.

Nippon Paper Industries Co Pretax Margin % Chart

Nippon Paper Industries Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 -3.59 2.67 1.07 2.05

Nippon Paper Industries Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.99 1.92 0.23 3.38 2.64

Nippon Paper Industries Co Pretax Margin % Competitor Comparison

For the Paper & Paper Products subindustry, Nippon Paper Industries Co's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Nippon Paper Industries Co Pretax Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nippon Paper Industries Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Nippon Paper Industries Co's Pretax Margin % falls into.


TSE:3863
60GF Score
Nippon Paper Industries Co Ltd TSE:3863
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Paper Industries Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Nippon Paper Industries Co's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=24460/1192606
=2.05 %

Nippon Paper Industries Co's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=8004/303084
=2.64 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 2.64% mean?
Nippon Paper Industries Co (TSE:3863) has a Pretax Margin % of 2.64% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nippon Paper Industries Co and its competitors. This is 87% above median its historical median of 1.41. According to the industry distribution chart, Nippon Paper Industries Co ranks #133 out of 283 companies in the Forest Products industry, placing it in the top 47%.
Is Nippon Paper Industries Co's Pretax Margin % too high?
Nippon Paper Industries Co's current Pretax Margin % of 2.64% is 87% above median its 10-year median of 1.41. The Forest Products industry median Pretax Margin % is 1.73. Nippon Paper Industries Co's value of 2.64% is 52.6% above this industry median. Based on the distribution chart, Nippon Paper Industries Co ranks #133 out of 283 companies in the Forest Products industry, which is above the industry midpoint. Overall, Nippon Paper Industries Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Paper Industries Co's Pretax Margin % compare to competitors?
According to the Forest Products industry distribution chart, Nippon Paper Industries Co ranks #133 out of 283 companies for Pretax Margin %. This puts Nippon Paper Industries Co in the upper half of its industry. The industry median Pretax Margin % is 1.73. Nippon Paper Industries Co's value of 2.64% is 52.6% above this benchmark. While the company's 10-year median is 1.41 vs. the industry median of 1.73, Nippon Paper Industries 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 Pretax Margin % for a Forest Products company?
The median Pretax Margin % among Forest Products companies is 1.73, based on 283 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nippon Paper Industries Co's current Pretax Margin % of 2.64% is 52.6% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nippon Paper Industries Co and its competitors. For the Forest Products industry, the median Pretax Margin % is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Paper Industries Co's current Pretax Margin % is 2.64%, which is 87% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Paper Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Paper Industries Co (TSE:3863) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,145.88, compared to a current price of 円1,309.00 — trading 14.2% above its estimated fair value. The current Pretax Margin % is 2.64%, which is 87% above median its 10-year median of 1.41 and 52.6% above the Forest Products industry median of 1.73. Nippon Paper Industries Co's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Nippon Paper Industries Co (TSE:3863), the current Pretax Margin % is 2.64% 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 Nippon Paper Industries Co (TSE:3863) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Paper Industries Co stock appears to be overvalued. The current stock price of 円1,309.00 is trading 14.2% above its estimated GF Value™ of 円1,145.88. GuruFocus considers Nippon Paper Industries Co to be Modestly Overvalued.

Key valuation signals for TSE:3863:

  • Pretax Margin %: 2.64% (87% above median its 10-year median of 1.41)
  • GF Value™: 円1,145.88 vs. price of 円1,309.00 (14.2% above fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 52.6% above the Forest Products median (#133 of 283)

No single metric tells the full story. See the TSE:3863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Paper Industries Co Business Description

Other Exchanges 9NI:Germany
Address 4-6, Kanda-Surugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
Nippon Paper Industries Co Ltd produces and sells a variety of paper products. The company's paper products include newsprint, printing, sanitary, and packaging paper, as well as container board and boxes. The firm also sells construction materials, and generates electric power. Nippon Paper organizes itself into four segments based on product type: pulp and paper; paper related; wood products and construction related; and other. The pulp and paper segment generates the majority of revenue. The majority of sales are made in Japan.
60GF Score

Get the complete analysis for TSE:3863

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,309.00
Price
円1,145.88
GF Value