Toho Co (FRA:TOH) Gross Margin %: 42.84% (As of Feb. 2026) — Near Median


FRA:TOH Toho Co Ltd FRA:TOH
96 GF Score
Price €6.80
GF Value €8.61
Valuation Modestly Undervalued
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What is Toho Co Gross Margin %?

Toho Co FRA:TOH -2.16% 96 Gross Margin % is 42.84% as of Feb. 2026, which is 3% below its 10-year median of 44.14. GuruFocus rates FRA:TOH with a GF Score™ of 96/100 and a GF Value™ of €8.61 (Modestly Undervalued). Among 953 Media - Diversified companies, Toho Co ranks better than 57.92% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Toho Co's Gross Profit for the three months ended in Feb. 2026 was €185 Mil. Toho Co's Revenue for the three months ended in Feb. 2026 was €433 Mil. Therefore, Toho Co's Gross Margin % for the quarter that ended in Feb. 2026 was 42.84%.


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

FRA:TOH' s Gross Margin % Range Over the Past 10 Years
Min: 35.67   Med: 44.14   Max: 46.16
Current: 44.25


During the past 13 years, the highest Gross Margin % of Toho Co was 46.16%. The lowest was 35.67%. And the median was 44.14%.

FRA:TOH's Gross Margin % is ranked better than
57.92% of 953 companies
in the Media - Diversified industry
Industry Median: 38.9 vs FRA:TOH: 44.25

Toho Co had a gross margin of 42.84% for the quarter that ended in Feb. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Toho Co was 4.20% per year.


Toho Co  (FRA:TOH) 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

Toho Co had a gross margin of 42.84% for the quarter that ended in Feb. 2026 => Durable 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.


Toho Co Gross Margin % Related Terms


Toho Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Toho 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.

Toho Co Gross Margin % Chart

Toho Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.53 44.46 46.08 46.16 44.25

Toho Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 44.70 47.20 41.77 45.66 42.84

FRA:TOH vs NFLX, DIS, WBD: Gross Margin % Comparison

For the Entertainment subindustry, Toho 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.


Toho Co Gross Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Toho Co's Gross Margin % distribution charts can be found below:

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


FRA:TOH
96GF Score
Toho Co Ltd FRA:TOH
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Toho Co Gross Margin % Calculation

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

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

Gross Margin % (A: Feb. 2026 )=Gross Profit (A: Feb. 2026 ) / Revenue (A: Feb. 2026 )
=870.5 / 1967.232
=(Revenue - Cost of Goods Sold) / Revenue
=(1967.232 - 1096.734) / 1967.232
=44.25 %

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


Gross Margin % (Q: Feb. 2026 )=Gross Profit (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=185.3 / 432.525
=(Revenue - Cost of Goods Sold) / Revenue
=(432.525 - 247.247) / 432.525
=42.84 %

* 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 42.84% mean?
Toho Co (FRA:TOH) has a Gross Margin % of 42.84% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Toho Co and its competitors. This is near median its historical median of 44.14. Over the past decade, Toho Co's Gross Margin % has ranged from 35.67 to 46.16. According to the industry distribution chart, Toho Co ranks #401 out of 953 companies in the Media - Diversified industry, placing it in the top 42.1%.
Is Toho Co's Gross Margin % too high?
Toho Co's current Gross Margin % of 42.84% is near median its 10-year median of 44.14. Over the past 10 years, this metric has ranged from a low of 35.67 to a high of 46.16. The Media - Diversified industry median Gross Margin % is 38.90. Toho Co's value of 42.84% is 10.1% above this industry median. Based on the distribution chart, Toho Co ranks #401 out of 953 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Toho Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toho Co's Gross Margin % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Toho Co ranks #401 out of 953 companies for Gross Margin %. This puts Toho Co in the upper half of its industry. The industry median Gross Margin % is 38.90. Toho Co's value of 42.84% is 10.1% above this benchmark. Historically, Toho Co's own Gross Margin % has ranged from 35.67 to 46.16 over the past decade. While the company's 10-year median is 44.14 vs. the industry median of 38.90, Toho 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.90, based on 953 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. Toho Co's current Gross Margin % of 42.84% is 10.1% 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 Toho Co and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Co's current Gross Margin % is 42.84%, which is near median its own 10-year median of 44.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Co stock overvalued right now?
Based on GuruFocus' analysis, Toho Co (FRA:TOH) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.61, compared to a current price of €6.80 — trading 21% below its estimated fair value. The current Gross Margin % is 42.84%, which is near median its 10-year median of 44.14 and 10.1% above the Media - Diversified industry median of 38.90. Toho Co's overall GF Score™ is 96/100. 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 Toho Co (FRA:TOH), the current Gross Margin % is 42.84% as of Feb. 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 Toho Co (FRA:TOH) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Co stock appears to be undervalued. The current stock price of €6.80 is trading 21% below its estimated GF Value™ of €8.61. GuruFocus considers Toho Co to be Modestly Undervalued.

Key valuation signals for FRA:TOH:

  • Gross Margin %: 42.84% (near median its 10-year median of 44.14)
  • GF Value™: €8.61 vs. price of €6.80 (21% below fair value)
  • GF Score™: 96/100
  • Industry Position: 10.1% above the Media - Diversified median (#401 of 953)

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


Toho Co Business Description

Address 1-2-2 Yurakucho, Chiyoda-ku, Tokyo, JPN, 100-8415
Toho Co Ltd is a diversified media company with interests in the film and theater businesses. The company operates through three primary business segments: movie, theater, and real estate. The movie segment generates the vast majority of its revenue and is involved in the production and distribution of feature films. The theater segment is involved in planning, producing, and performing stage productions. The corporate real estate segment leases land and buildings. The company generates the vast majority of its revenue in Japan.
96GF Score

Get the complete analysis for FRA:TOH

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

€6.80
Price
€8.61
GF Value