Nippon Carbon Co (FRA:NPV) Gross Margin %: 26.57% (As of Dec. 2025) — Near Median


FRA:NPV Nippon Carbon Co Ltd FRA:NPV
80 GF Score
Price €25.40
GF Value €24.13
Valuation Fairly Valued
! 7 Warning Signs
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What is Nippon Carbon Co Gross Margin %?

Nippon Carbon Co FRA:NPV +1.60% 80 Gross Margin % is 26.57% as of Dec. 2025, which is 3% below its 10-year median of 27.35. GuruFocus rates FRA:NPV with a GF Score™ of 80/100 and a GF Value™ of €24.13 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,561 Chemicals companies, Nippon Carbon Co ranks better than 56.69% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Nippon Carbon Co's Gross Profit for the three months ended in Dec. 2025 was €14.9 Mil. Nippon Carbon Co's Revenue for the three months ended in Dec. 2025 was €56.2 Mil. Therefore, Nippon Carbon Co's Gross Margin % for the quarter that ended in Dec. 2025 was 26.57%.


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

FRA:NPV' s Gross Margin % Range Over the Past 10 Years
Min: 12.1   Med: 27.35   Max: 45.14
Current: 26.03


During the past 13 years, the highest Gross Margin % of Nippon Carbon Co was 45.14%. The lowest was 12.10%. And the median was 27.35%.

FRA:NPV's Gross Margin % is ranked better than
56.69% of 1561 companies
in the Chemicals industry
Industry Median: 23.35 vs FRA:NPV: 26.03

Nippon Carbon Co had a gross margin of 26.57% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Nippon Carbon Co was 2.20% per year.


Nippon Carbon Co  (FRA:NPV) 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

Nippon Carbon Co had a gross margin of 26.57% for the quarter that ended in Dec. 2025 => 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.


Nippon Carbon Co Gross Margin % Related Terms


Nippon Carbon Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nippon Carbon 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.

Nippon Carbon Co Gross Margin % Chart

Nippon Carbon Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.45 27.51 31.29 30.26 27.18

Nippon Carbon 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 31.64 26.04 25.29 26.57 26.15

FRA:NPV vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Nippon Carbon 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.


Nippon Carbon Co Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Carbon Co's Gross Margin % distribution charts can be found below:

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


FRA:NPV
80GF Score
Nippon Carbon Co Ltd FRA:NPV
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Carbon Co Gross Margin % Calculation

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

Nippon Carbon Co's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=56.2 / 206.688
=(Revenue - Cost of Goods Sold) / Revenue
=(206.688 - 150.507) / 206.688
=27.18 %

Nippon Carbon Co's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=14.9 / 56.176
=(Revenue - Cost of Goods Sold) / Revenue
=(56.176 - 41.25) / 56.176
=26.57 %

* 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 26.57% mean?
Nippon Carbon Co (FRA:NPV) has a Gross Margin % of 26.57% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Nippon Carbon Co and its competitors. This is near median its historical median of 27.35. Over the past decade, Nippon Carbon Co's Gross Margin % has ranged from 12.10 to 45.14. According to the industry distribution chart, Nippon Carbon Co ranks #676 out of 1561 companies in the Chemicals industry, placing it in the top 43.3%.
Is Nippon Carbon Co's Gross Margin % too high?
Nippon Carbon Co's current Gross Margin % of 26.57% is near median its 10-year median of 27.35. Over the past 10 years, this metric has ranged from a low of 12.10 to a high of 45.14. The Chemicals industry median Gross Margin % is 23.35. Nippon Carbon Co's value of 26.57% is 13.8% above this industry median. Based on the distribution chart, Nippon Carbon Co ranks #676 out of 1561 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nippon Carbon Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Carbon Co's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Carbon Co ranks #676 out of 1561 companies for Gross Margin %. This puts Nippon Carbon Co in the upper half of its industry. The industry median Gross Margin % is 23.35. Nippon Carbon Co's value of 26.57% is 13.8% above this benchmark. Historically, Nippon Carbon Co's own Gross Margin % has ranged from 12.10 to 45.14 over the past decade. While the company's 10-year median is 27.35 vs. the industry median of 23.35, Nippon Carbon 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.35, based on 1,561 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. Nippon Carbon Co's current Gross Margin % of 26.57% is 13.8% 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 Nippon Carbon Co and its competitors. For the Chemicals industry, the median Gross Margin % is 23.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Carbon Co's current Gross Margin % is 26.57%, which is near median its own 10-year median of 27.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Carbon Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Carbon Co (FRA:NPV) is currently considered Fairly Valued. The stock's GF Value™ is €24.13, compared to a current price of €25.40 — trading 5.3% above its estimated fair value. The current Gross Margin % is 26.57%, which is near median its 10-year median of 27.35 and 13.8% above the Chemicals industry median of 23.35. Nippon Carbon Co's overall GF Score™ is 80/100 with 7 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 Nippon Carbon Co (FRA:NPV), the current Gross Margin % is 26.57% as of Dec. 2025. 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 Nippon Carbon Co (FRA:NPV) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Carbon Co stock appears to be overvalued. The current stock price of €25.40 is trading 5.3% above its estimated GF Value™ of €24.13. GuruFocus considers Nippon Carbon Co to be Fairly Valued.

Key valuation signals for FRA:NPV:

  • Gross Margin %: 26.57% (near median its 10-year median of 27.35)
  • GF Value™: €24.13 vs. price of €25.40 (5.3% above fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 13.8% above the Chemicals median (#676 of 1561)

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


Nippon Carbon Co Business Description

Other Exchanges NCRBF:USA5302:Japan
Address 6-1, Hacchobori 2-chome, Chuo ku, Tokyo, JPN, 104-0032
Nippon Carbon Co Ltd engages in the manufacture and sale of carbon products. It provides products in following categories: Carbon Products, Silicon carbide products, and Others. The Carbon Products include artificial graphite electrode, impervious graphite products, isotropic high purity graphite products, a machine for graphite products, general purpose carbon fibers, and graphite fibers, containing resin graphite fibers made of packing, flexible graphite sealing material, and node material for lithium ion battery. Silicon carbide products are involved in the development and sale of ceramic matrix composite. Other category deals with manufacturing industrial machinery, mechanical repair, building and parking leasing.
80GF Score

Get the complete analysis for FRA:NPV

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

€25.40
Price
€24.13
GF Value