Kokusai Electric (FRA:69B) Gross Margin %: 39.39% (As of Mar. 2026) — Near Median


FRA:69B Kokusai Electric Corp FRA:69B
32 GF Score
Price €53.50
GF Value €22.42
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kokusai Electric Gross Margin %?

Kokusai Electric FRA:69B -1.83% 32 Gross Margin % is 39.39% as of Mar. 2026, which is 5% below its 10-year median of 41.45. GuruFocus rates FRA:69B with a GF Score™ of 32/100 and a GF Value™ of €22.42 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,009 Semiconductors companies, Kokusai Electric ranks better than 70.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Kokusai Electric's Gross Profit for the three months ended in Mar. 2026 was €133 Mil. Kokusai Electric's Revenue for the three months ended in Mar. 2026 was €338 Mil. Therefore, Kokusai Electric's Gross Margin % for the quarter that ended in Mar. 2026 was 39.39%.


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

FRA:69B' s Gross Margin % Range Over the Past 10 Years
Min: 41.02   Med: 41.45   Max: 43.63
Current: 41.18


During the past 5 years, the highest Gross Margin % of Kokusai Electric was 43.63%. The lowest was 41.02%. And the median was 41.45%.

FRA:69B's Gross Margin % is ranked better than
70.76% of 1009 companies
in the Semiconductors industry
Industry Median: 29.61 vs FRA:69B: 41.18

Kokusai Electric had a gross margin of 39.39% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Kokusai Electric was 0.00% per year.


Kokusai Electric  (FRA:69B) 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

Kokusai Electric had a gross margin of 39.39% 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.


Kokusai Electric Gross Margin % Related Terms


Kokusai Electric Gross Margin % Historical Data

* Premium members only.

The historical data trend for Kokusai Electric'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.

Kokusai Electric Gross Margin % Chart

Kokusai Electric Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
43.63 41.02 41.45 42.58 41.18

Kokusai Electric Quarterly Data
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 39.70 42.90 41.70 40.97 39.39

FRA:69B vs AMAT, LRCX, KLAC: Gross Margin % Comparison

For the Semiconductor Equipment & Materials subindustry, Kokusai Electric'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.


Kokusai Electric Gross Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Kokusai Electric's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kokusai Electric's Gross Margin % falls into.


FRA:69B
32GF Score
Kokusai Electric Corp FRA:69B
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kokusai Electric Gross Margin % Calculation

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

Kokusai Electric'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 )
=527.7 / 1281.446
=(Revenue - Cost of Goods Sold) / Revenue
=(1281.446 - 753.722) / 1281.446
=41.18 %

Kokusai Electric'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 )
=133.2 / 338.085
=(Revenue - Cost of Goods Sold) / Revenue
=(338.085 - 204.914) / 338.085
=39.39 %

* 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 39.39% mean?
Kokusai Electric (FRA:69B) has a Gross Margin % of 39.39% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kokusai Electric and its competitors. This is near median its historical median of 41.45. Over the past decade, Kokusai Electric's Gross Margin % has ranged from 41.02 to 43.63. According to the industry distribution chart, Kokusai Electric ranks #295 out of 1009 companies in the Semiconductors industry, placing it in the top 29.2%.
Is Kokusai Electric's Gross Margin % too high?
Kokusai Electric's current Gross Margin % of 39.39% is near median its 10-year median of 41.45. Over the past 10 years, this metric has ranged from a low of 41.02 to a high of 43.63. The Semiconductors industry median Gross Margin % is 29.61. Kokusai Electric's value of 39.39% is 33% above this industry median. Based on the distribution chart, Kokusai Electric ranks #295 out of 1009 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Kokusai Electric has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kokusai Electric's Gross Margin % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Kokusai Electric ranks #295 out of 1009 companies for Gross Margin %. This puts Kokusai Electric in the upper half of its industry. The industry median Gross Margin % is 29.61. Kokusai Electric's value of 39.39% is 33% above this benchmark. Historically, Kokusai Electric's own Gross Margin % has ranged from 41.02 to 43.63 over the past decade. While the company's 10-year median is 41.45 vs. the industry median of 29.61, Kokusai Electric 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 Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,009 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. Kokusai Electric's current Gross Margin % of 39.39% is 33% 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 Kokusai Electric and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kokusai Electric's current Gross Margin % is 39.39%, which is near median its own 10-year median of 41.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kokusai Electric stock overvalued right now?
Based on GuruFocus' analysis, Kokusai Electric (FRA:69B) is currently considered Significantly Overvalued. The stock's GF Value™ is €22.42, compared to a current price of €53.50 — trading 138.6% above its estimated fair value. The current Gross Margin % is 39.39%, which is near median its 10-year median of 41.45 and 33% above the Semiconductors industry median of 29.61. Kokusai Electric's overall GF Score™ is 32/100 with 5 warning signs 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 Kokusai Electric (FRA:69B), the current Gross Margin % is 39.39% 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 Kokusai Electric (FRA:69B) Overvalued in 2026?

Based on GuruFocus' analysis, Kokusai Electric stock appears to be overvalued. The current stock price of €53.50 is trading 138.6% above its estimated GF Value™ of €22.42. GuruFocus considers Kokusai Electric to be Significantly Overvalued.

Key valuation signals for FRA:69B:

  • Gross Margin %: 39.39% (near median its 10-year median of 41.45)
  • GF Value™: €22.42 vs. price of €53.50 (138.6% above fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 33% above the Semiconductors median (#295 of 1009)

No single metric tells the full story. See the FRA:69B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kokusai Electric Business Description

Address 3-4 Kanda Kajicho, 5th Floor, Oak Kanda Kajicho, Chiyoda-ku, Tokyo, JPN, 101-0045
Kokusai Electric Corp is engaged in the semiconductor manufacturing equipment business. The company operates as a single business segment focused on the development, manufacture, and supply of semiconductor production equipment used in the fabrication of electronic components. The main products include batch film deposition equipment, treatment equipment for film quality improvement, units for measuring instruments and cleaning equipment, and others.
32GF Score

Get the complete analysis for FRA:69B

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

€53.50
Price
€22.42
GF Value