MitsubaFRA:NI2 +2.09%48 Gross Margin % is 17.01% as of Mar. 2026, which is 16% above its 10-year median of 14.70. GuruFocus rates FRA:NI2 with a GF Score™ of 48/100 and a GF Value™ of €4.33 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Mitsuba ranks worse than 62.99% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Mitsuba's Gross Profit for the
six
months ended in Mar. 2026 was €168 Mil. Mitsuba's Revenue for the
six
months ended in Mar. 2026 was €988 Mil. Therefore, Mitsuba's Gross Margin % for the quarter that ended in Mar. 2026 was 17.01%.
The historical rank and industry rank for Mitsuba's Gross Margin % or its related term are showing as below:
FRA:NI2'
s Gross Margin % Range Over the Past 10 Years
Min: 12.53 Med: 14.7 Max: 16.92
Current: 16.35
During the past 13 years, the highestGross Margin % of Mitsuba was 16.92%. The lowest was 12.53%. And the median was 14.70%.
FRA:NI2's Gross Margin % is ranked worse than 62.99% of 1313
companies
in the Vehicles & Parts industry
Industry Median: 19.84
vs FRA:NI2: 16.35
Mitsuba had a gross margin of 17.01% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Mitsuba was 3.90% per year.
Mitsuba (FRA:NI2) 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
Mitsuba had a gross margin of 17.01% 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.
Mitsuba Gross Margin % Related Terms
Mitsuba Gross Margin % Historical Data
* Premium members only.
The historical data trend for Mitsuba'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.
For the Auto Parts subindustry, Mitsuba'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.
Mitsuba Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mitsuba's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mitsuba's Gross Margin % falls into.
* 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.
Mitsuba (FRA:NI2) has a Gross Margin % of 17.01% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mitsuba and its competitors. This is 16% above median its historical median of 14.70. Over the past decade, Mitsuba's Gross Margin % has ranged from 12.53 to 16.92. According to the industry distribution chart, Mitsuba ranks #827 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 63%.
Is Mitsuba's Gross Margin % too high?
Mitsuba's current Gross Margin % of 17.01% is 16% above median its 10-year median of 14.70. Over the past 10 years, this metric has ranged from a low of 12.53 to a high of 16.92. The Vehicles & Parts industry median Gross Margin % is 19.84. Mitsuba's value of 17.01% is 14.3% below this industry median. Based on the distribution chart, Mitsuba ranks #827 out of 1313 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Mitsuba has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsuba's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Mitsuba ranks #827 out of 1313 companies for Gross Margin %. This places Mitsuba in the lower half of its industry. The industry median Gross Margin % is 19.84. Mitsuba's value of 17.01% is 14.3% below this benchmark. Historically, Mitsuba's own Gross Margin % has ranged from 12.53 to 16.92 over the past decade. While the company's 10-year median is 14.70 vs. the industry median of 19.84, Mitsuba 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,313 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. Mitsuba's current Gross Margin % of 17.01% is 14.3% 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 Mitsuba and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsuba's current Gross Margin % is 17.01%, which is 16% above median its own 10-year median of 14.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsuba stock overvalued right now?
Based on GuruFocus' analysis, Mitsuba (FRA:NI2) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.33, compared to a current price of €5.70 — trading 31.7% above its estimated fair value. The current Gross Margin % is 17.01%, which is 16% above median its 10-year median of 14.70 and 14.3% below the Vehicles & Parts industry median of 19.84. Mitsuba's overall GF Score™ is 48/100 with 2 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 Mitsuba (FRA:NI2), the current Gross Margin % is 17.01% 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 Mitsuba (FRA:NI2) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsuba stock appears to be overvalued.
The current stock price of €5.70 is trading 31.7% above its estimated GF Value™ of €4.33.
GuruFocus considers Mitsuba to be Significantly Overvalued.
Key valuation signals for FRA:NI2:
Gross Margin %: 17.01% (16% above median its 10-year median of 14.70)
GF Value™: €4.33 vs. price of €5.70 (31.7% above fair value)
Industry Position: 14.3% below the Vehicles & Parts median (#827 of 1313)
No single metric tells the full story. See the FRA:NI2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsuba Corp is a manufacturer of electrical components for automotive vehicles. The company produces front wipers, power window motors, power slide-door systems, electrical power steering motors, starter motors, and electrical oil pumps for automotive vehicles. Further, Mitsuba supplies electrical motors and components to the motorcycle, electric vehicle, and nursing-care industries. The largest end markets are Asia, with a special focus on Japan, and America.
48GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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