JFE Holdings (FRA:JFR) Gross Margin %: 12.36% (As of Mar. 2026) — Near Median


FRA:JFR JFE Holdings Inc FRA:JFR
64 GF Score
Price €8.25
GF Value €9.06
! 6 Warning Signs
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What is JFE Holdings Gross Margin %?

JFE Holdings FRA:JFR 64 Gross Margin % is 12.36% as of Mar. 2026, which is 2% above its 10-year median of 12.13. GuruFocus rates FRA:JFR with a GF Score™ of 64/100 and a GF Value™ of €9.06. The stock has 6 warning signs investors should review. Among 593 Steel companies, JFE Holdings ranks worse than 52.61% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. JFE Holdings's Gross Profit for the three months ended in Mar. 2026 was €781 Mil. JFE Holdings's Revenue for the three months ended in Mar. 2026 was €6,318 Mil. Therefore, JFE Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 12.36%.


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

FRA:JFR' s Gross Margin % Range Over the Past 10 Years
Min: 9.75   Med: 12.13   Max: 15.79
Current: 11.59


During the past 13 years, the highest Gross Margin % of JFE Holdings was 15.79%. The lowest was 9.75%. And the median was 12.13%.

FRA:JFR's Gross Margin % is ranked worse than
52.61% of 593 companies
in the Steel industry
Industry Median: 12.6 vs FRA:JFR: 11.59

JFE Holdings had a gross margin of 12.36% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for JFE Holdings was -0.20% per year.


JFE Holdings  (FRA:JFR) 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

JFE Holdings had a gross margin of 12.36% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


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.


JFE Holdings Gross Margin % Related Terms


JFE Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for JFE Holdings'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.

JFE Holdings Gross Margin % Chart

JFE Holdings 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 15.36 11.57 12.68 10.97 11.59

JFE Holdings 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 10.87 10.20 11.56 12.17 12.36

FRA:JFR vs NUE, STLD, RS: Gross Margin % Comparison

For the Steel subindustry, JFE Holdings'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.


JFE Holdings Gross Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, JFE Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where JFE Holdings's Gross Margin % falls into.


FRA:JFR
64GF Score
JFE Holdings Inc FRA:JFR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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JFE Holdings Gross Margin % Calculation

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

JFE Holdings'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 )
=2866.8 / 24744.15
=(Revenue - Cost of Goods Sold) / Revenue
=(24744.15 - 21877.384) / 24744.15
=11.59 %

JFE Holdings'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 )
=780.9 / 6317.859
=(Revenue - Cost of Goods Sold) / Revenue
=(6317.859 - 5536.936) / 6317.859
=12.36 %

* 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 12.36% mean?
JFE Holdings (FRA:JFR) has a Gross Margin % of 12.36% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on JFE Holdings and its competitors. This is near median its historical median of 12.13. Over the past decade, JFE Holdings' Gross Margin % has ranged from 9.75 to 15.79. According to the industry distribution chart, JFE Holdings ranks #312 out of 593 companies in the Steel industry, placing it in the top 52.6%.
Is JFE Holdings' Gross Margin % too high?
JFE Holdings' current Gross Margin % of 12.36% is near median its 10-year median of 12.13. Over the past 10 years, this metric has ranged from a low of 9.75 to a high of 15.79. The Steel industry median Gross Margin % is 12.60. JFE Holdings' value of 12.36% is 1.9% below this industry median. Based on the distribution chart, JFE Holdings ranks #312 out of 593 companies in the Steel industry, which is below the industry midpoint. Overall, JFE Holdings has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does JFE Holdings' Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, JFE Holdings ranks #312 out of 593 companies for Gross Margin %. This places JFE Holdings in the lower half of its industry. The industry median Gross Margin % is 12.60. JFE Holdings' value of 12.36% is 1.9% below this benchmark. Historically, JFE Holdings' own Gross Margin % has ranged from 9.75 to 15.79 over the past decade. While the company's 10-year median is 12.13 vs. the industry median of 12.60, JFE Holdings has consistently been below 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 Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 593 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. JFE Holdings's current Gross Margin % of 12.36% is 1.9% below 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 JFE Holdings and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JFE Holdings's current Gross Margin % is 12.36%, which is near median its own 10-year median of 12.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JFE Holdings stock overvalued right now?
JFE Holdings (FRA:JFR) has a current Gross Margin % of 12.36%. The stock's GF Value™ is €9.06, compared to a current price of €8.25 — trading 8.9% below its estimated fair value. The current Gross Margin % is 12.36%, which is near median its 10-year median of 12.13 and 1.9% below the Steel industry median of 12.60. JFE Holdings' overall GF Score™ is 64/100 with 6 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 JFE Holdings (FRA:JFR), the current Gross Margin % is 12.36% 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 JFE Holdings (FRA:JFR) Overvalued in 2026?

Based on GuruFocus' analysis, JFE Holdings stock appears to be undervalued. The current stock price of €8.25 is trading 8.9% below its estimated GF Value™ of €9.06.

Key valuation signals for FRA:JFR:

  • Gross Margin %: 12.36% (near median its 10-year median of 12.13)
  • GF Value™: €9.06 vs. price of €8.25 (8.9% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 1.9% below the Steel median (#312 of 593)

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


JFE Holdings Business Description

Address 2-2-3 Uchisaiwaicho, 28th Floor, Hibiya International Building, Chiyoda-ku, Tokyo, JPN, 100-0011
JFE Holdings Inc is a Japan-based company engaged in the manufacture and sale of steel and related products. The company operates its business through three segments. The Engineering segment covers energy, urban environment, steel structure, and industrial machinery projects, along with recycling and electricity retail businesses. The Iron and Steel segment manufactures and sells steel products, processed steel products, raw materials, and engages in related services such as transportation, equipment maintenance, and construction. The Trading Company segment handles steel products, steelmaking raw materials, non-ferrous metals, foodstuffs, and other trading activities. It generates the majority of its revenue from the Iron and steel segment.
64GF Score

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

€8.25
Price
€9.06
GF Value