Cyberdyne (HAM:8C4) Gross Margin %: 51.32% (As of Mar. 2026) — 23% Below Median


HAM:8C4 Cyberdyne Inc HAM:8C4
78 GF Score
Price €1.27
GF Value €1.04
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Cyberdyne Gross Margin %?

Cyberdyne HAM:8C4 78 Gross Margin % is 51.32% as of Mar. 2026, which is 23% below its 10-year median of 66.29. GuruFocus rates HAM:8C4 with a GF Score™ of 78/100 and a GF Value™ of €1.04 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 805 Medical Devices & Instruments companies, Cyberdyne ranks better than 60.75% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Cyberdyne's Gross Profit for the three months ended in Mar. 2026 was €2.67 Mil. Cyberdyne's Revenue for the three months ended in Mar. 2026 was €5.20 Mil. Therefore, Cyberdyne's Gross Margin % for the quarter that ended in Mar. 2026 was 51.32%.

Warning Sign:

Cyberdyne Inc gross margin has been in long-term decline. The average rate of decline per year is -4%.


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

HAM:8C4' s Gross Margin % Range Over the Past 10 Years
Min: 54.13   Med: 66.29   Max: 72.54
Current: 58.89


During the past 13 years, the highest Gross Margin % of Cyberdyne was 72.54%. The lowest was 54.13%. And the median was 66.29%.

HAM:8C4's Gross Margin % is ranked better than
60.75% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 51.94 vs HAM:8C4: 58.89

Cyberdyne had a gross margin of 51.32% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cyberdyne was -4.00% per year.


Cyberdyne  (HAM:8C4) 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

Cyberdyne had a gross margin of 51.32% for the quarter that ended in Mar. 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.


Cyberdyne Gross Margin % Related Terms


Cyberdyne Gross Margin % Historical Data

* Premium members only.

The historical data trend for Cyberdyne'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.

Cyberdyne Gross Margin % Chart

Cyberdyne 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 68.00 54.46 54.96 54.13 58.89

Cyberdyne 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 60.33 63.99 60.44 59.56 51.32

HAM:8C4 vs ABT, SYK, MDT: Gross Margin % Comparison

For the Medical Devices subindustry, Cyberdyne'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.


Cyberdyne Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Cyberdyne's Gross Margin % distribution charts can be found below:

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


HAM:8C4
78GF Score
Cyberdyne Inc HAM:8C4
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cyberdyne Gross Margin % Calculation

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

Cyberdyne'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 )
=12.3 / 20.965
=(Revenue - Cost of Goods Sold) / Revenue
=(20.965 - 8.618) / 20.965
=58.89 %

Cyberdyne'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 )
=2.7 / 5.195
=(Revenue - Cost of Goods Sold) / Revenue
=(5.195 - 2.529) / 5.195
=51.32 %

* 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 51.32% mean?
Cyberdyne (HAM:8C4) has a Gross Margin % of 51.32% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Cyberdyne and its competitors. This is 23% below median its historical median of 66.29. Over the past decade, Cyberdyne's Gross Margin % has ranged from 54.13 to 72.54. According to the industry distribution chart, Cyberdyne ranks #316 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 39.3%.
Is Cyberdyne's Gross Margin % too high?
Cyberdyne's current Gross Margin % of 51.32% is 23% below median its 10-year median of 66.29. Over the past 10 years, this metric has ranged from a low of 54.13 to a high of 72.54. The Medical Devices & Instruments industry median Gross Margin % is 51.94. Cyberdyne's value of 51.32% is 1.2% below this industry median. Based on the distribution chart, Cyberdyne ranks #316 out of 805 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Cyberdyne has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cyberdyne's Gross Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Cyberdyne ranks #316 out of 805 companies for Gross Margin %. This puts Cyberdyne in the upper half of its industry. The industry median Gross Margin % is 51.94. Cyberdyne's value of 51.32% is 1.2% below this benchmark. Historically, Cyberdyne's own Gross Margin % has ranged from 54.13 to 72.54 over the past decade. While the company's 10-year median is 66.29 vs. the industry median of 51.94, Cyberdyne 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 Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 51.94, based on 805 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. Cyberdyne's current Gross Margin % of 51.32% is 1.2% 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 Cyberdyne and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 51.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyberdyne's current Gross Margin % is 51.32%, which is 23% below median its own 10-year median of 66.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyberdyne stock overvalued right now?
Based on GuruFocus' analysis, Cyberdyne (HAM:8C4) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.04, compared to a current price of €1.27 — trading 22.3% above its estimated fair value. The current Gross Margin % is 51.32%, which is 23% below median its 10-year median of 66.29 and 1.2% below the Medical Devices & Instruments industry median of 51.94. Cyberdyne's overall GF Score™ is 78/100 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 Cyberdyne (HAM:8C4), the current Gross Margin % is 51.32% 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 Cyberdyne (HAM:8C4) Overvalued in 2026?

Based on GuruFocus' analysis, Cyberdyne stock appears to be overvalued. The current stock price of €1.27 is trading 22.3% above its estimated GF Value™ of €1.04. GuruFocus considers Cyberdyne to be Modestly Overvalued.

Key valuation signals for HAM:8C4:

  • Gross Margin %: 51.32% (23% below median its 10-year median of 66.29)
  • GF Value™: €1.04 vs. price of €1.27 (22.3% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 1.2% below the Medical Devices & Instruments median (#316 of 805)

No single metric tells the full story. See the HAM:8C4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cyberdyne Business Description

Address D25-1, Gakuen Minami, Tsukuba-shi, Ibaraki, JPN, 305-0818
Cyberdyne Inc is a Japanese based company engaged in the research and development of medical welfare equipment and systems. It offers equipment and systems for rehabilitation support, body function support for elderly and disabled people, rescue support in disaster sites, entertainments, and heavy labor support in factories. Its products include Hybrid Assistive Limb (HAL) for the lower limb, single joint, lumbar, Table Interface and Cleaning Robots. In addition, it also offers services in respect to medical service and non-medical service which includes HAL therapy under medical service, and Hal fit and Robo care service under non-medical service.
78GF Score

Get the complete analysis for HAM:8C4

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

€1.27
Price
€1.04
GF Value