Wacom Co (FRA:11W) Gross Margin %: 39.26% (As of Mar. 2026) — 10% Above Median


FRA:11W Wacom Co Ltd FRA:11W
83 GF Score
Price €4.04
GF Value €3.85
Valuation Fairly Valued
! 1 Warning Sign
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What is Wacom Co Gross Margin %?

Wacom Co FRA:11W 83 Gross Margin % is 39.26% as of Mar. 2026, which is 10% above its 10-year median of 35.56. GuruFocus rates FRA:11W with a GF Score™ of 83/100 and a GF Value™ of €3.85 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,454 Hardware companies, Wacom Co ranks better than 73.47% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Wacom Co's Gross Profit for the three months ended in Mar. 2026 was €60.7 Mil. Wacom Co's Revenue for the three months ended in Mar. 2026 was €154.6 Mil. Therefore, Wacom Co's Gross Margin % for the quarter that ended in Mar. 2026 was 39.26%.


The historical rank and industry rank for Wacom Co's Gross Margin % or its related term are showing as below:

FRA:11W' s Gross Margin % Range Over the Past 10 Years
Min: 27.65   Med: 35.56   Max: 38.65
Current: 37.58


During the past 13 years, the highest Gross Margin % of Wacom Co was 38.65%. The lowest was 27.65%. And the median was 35.56%.

FRA:11W's Gross Margin % is ranked better than
73.47% of 2454 companies
in the Hardware industry
Industry Median: 24.565 vs FRA:11W: 37.58

Wacom Co had a gross margin of 39.26% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Wacom Co was -0.30% per year.


Wacom Co  (FRA:11W) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Wacom Co had a gross margin of 39.26% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Wacom Co Gross Margin % Related Terms


Wacom Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Wacom Co's Gross 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.

Wacom Co Gross Margin % Chart

Wacom Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.41 27.65 30.95 34.70 37.58

Wacom Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross 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 36.65 37.65 36.58 36.82 39.26

FRA:11W vs SNDK, DELL, STX: Gross Margin % Comparison

For the Computer Hardware subindustry, Wacom Co's Gross Margin %, along with its competitors' market caps and Gross 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.


Wacom Co Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Wacom Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Wacom Co's Gross Margin % falls into.


FRA:11W
83GF Score
Wacom Co Ltd FRA:11W
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Wacom Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Wacom Co's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=225.3 / 599.597
=(Revenue - Cost of Goods Sold) / Revenue
=(599.597 - 374.291) / 599.597
=37.58 %

Wacom Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=60.7 / 154.578
=(Revenue - Cost of Goods Sold) / Revenue
=(154.578 - 93.896) / 154.578
=39.26 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 39.26% mean?
Wacom Co (FRA:11W) has a Gross Margin % of 39.26% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Wacom Co and its competitors. This is 10% above median its historical median of 35.56. Over the past decade, Wacom Co's Gross Margin % has ranged from 27.65 to 38.65. According to the industry distribution chart, Wacom Co ranks #651 out of 2454 companies in the Hardware industry, placing it in the top 26.5%.
Is Wacom Co's Gross Margin % too high?
Wacom Co's current Gross Margin % of 39.26% is 10% above median its 10-year median of 35.56. Over the past 10 years, this metric has ranged from a low of 27.65 to a high of 38.65. The Hardware industry median Gross Margin % is 24.57. Wacom Co's value of 39.26% is 59.8% above this industry median. Based on the distribution chart, Wacom Co ranks #651 out of 2454 companies in the Hardware industry, which is above the industry midpoint. Overall, Wacom Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wacom Co's Gross Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Wacom Co ranks #651 out of 2454 companies for Gross Margin %. This puts Wacom Co in the upper half of its industry. The industry median Gross Margin % is 24.57. Wacom Co's value of 39.26% is 59.8% above this benchmark. Historically, Wacom Co's own Gross Margin % has ranged from 27.65 to 38.65 over the past decade. While the company's 10-year median is 35.56 vs. the industry median of 24.57, Wacom 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 Gross Margin % for a Hardware company?
The median Gross Margin % among Hardware companies is 24.57, based on 2,454 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wacom Co's current Gross Margin % of 39.26% is 59.8% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Wacom Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wacom Co's current Gross Margin % is 39.26%, which is 10% above median its own 10-year median of 35.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wacom Co stock overvalued right now?
Based on GuruFocus' analysis, Wacom Co (FRA:11W) is currently considered Fairly Valued. The stock's GF Value™ is €3.85, compared to a current price of €4.04 — trading 4.9% above its estimated fair value. The current Gross Margin % is 39.26%, which is 10% above median its 10-year median of 35.56 and 59.8% above the Hardware industry median of 24.57. Wacom Co's overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Wacom Co (FRA:11W), the current Gross Margin % is 39.26% 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 Wacom Co (FRA:11W) Overvalued in 2026?

Based on GuruFocus' analysis, Wacom Co stock appears to be overvalued. The current stock price of €4.04 is trading 4.9% above its estimated GF Value™ of €3.85. GuruFocus considers Wacom Co to be Fairly Valued.

Key valuation signals for FRA:11W:

  • Gross Margin %: 39.26% (10% above median its 10-year median of 35.56)
  • GF Value™: €3.85 vs. price of €4.04 (4.9% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 59.8% above the Hardware median (#651 of 2454)

No single metric tells the full story. See the FRA:11W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wacom Co Business Description

Other Exchanges WACMY:USA6727:Japan
Address 2-510-1 Toyonodai, Kazo-shi, Saitama, JPN, 349-1148
Wacom Co Ltd is a Japan-based manufacturer of display products. The firm's operations are organized in three segments--the brands segment, which develops, manufactures, and distributes graphic design tablets used to produce film, animation, and photographs; the components segment, which sells components and modules for smartphones and tablets; and the others segment, which develops and sells computer-aided design products. The firm has operations in the United States, Europe, China, India, Taiwan, Hong Kong, and Australia.
83GF Score

Get the complete analysis for FRA:11W

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

€4.04
Price
€3.85
GF Value