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Good Com Asset Co (TSE:3475) Operating Margin % : 5.11% (As of Jan. 2024)


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What is Good Com Asset Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Good Com Asset Co's Operating Income for the three months ended in Jan. 2024 was 円158 Mil. Good Com Asset Co's Revenue for the three months ended in Jan. 2024 was 円3,102 Mil. Therefore, Good Com Asset Co's Operating Margin % for the quarter that ended in Jan. 2024 was 5.11%.

Good Sign:

Good Com Asset Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Good Com Asset Co's Operating Margin % or its related term are showing as below:

TSE:3475' s Operating Margin % Range Over the Past 10 Years
Min: 6.07   Med: 10.02   Max: 12.57
Current: 10.06


TSE:3475's Operating Margin % is ranked worse than
56.24% of 1778 companies
in the Real Estate industry
Industry Median: 13.135 vs TSE:3475: 10.06

Good Com Asset Co's 5-Year Average Operating Margin % Growth Rate was 3.00% per year.

Good Com Asset Co's Operating Income for the three months ended in Jan. 2024 was 円158 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was 円2,246 Mil.


Good Com Asset Co Operating Margin % Historical Data

The historical data trend for Good Com Asset 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.

* Premium members only.

Good Com Asset Co Operating Margin % Chart

Good Com Asset Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.51 10.75 10.05 11.52 9.65

Good Com Asset Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Operating 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 1.81 15.84 7.37 7.53 5.11

Competitive Comparison of Good Com Asset Co's Operating Margin %

For the Real Estate - Diversified subindustry, Good Com Asset 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.


Good Com Asset Co's Operating Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Good Com Asset Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Good Com Asset Co's Operating Margin % falls into.



Good Com Asset Co 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.

Good Com Asset Co's Operating Margin % for the fiscal year that ended in Oct. 2023 is calculated as

Operating Margin %=Operating Income (A: Oct. 2023 ) / Revenue (A: Oct. 2023 )
=2141.036 / 22190.489
=9.65 %

Good Com Asset Co's Operating Margin % for the quarter that ended in Jan. 2024 is calculated as

Operating Margin %=Operating Income (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=158.382 / 3102.412
=5.11 %

* 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.


Good Com Asset Co  (TSE:3475) 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 Nokia’s 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.


Good Com Asset Co Operating Margin % Related Terms

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Good Com Asset Co (TSE:3475) Business Description

Traded in Other Exchanges
N/A
Address
7-20-1, Nishishinjuku, 17th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-0023
Good Com Asset Co Ltd is a Japan-based company mainly engaged in planning, development, sale and management of newly built apartments. It primarily engages in planning, developing, managing, and selling mansions primarily in Japan. It is also providing rent management and real estate consultancy services, as well as property and casualty insurance products.

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