Hamamatsu Photonics KKHPHTF 89 Gross Margin % is 50.50% as of Mar. 2026, which is 0% above its 10-year median of 50.41. GuruFocus rates HPHTF with a GF Score™ of 89/100 and a GF Value™ of $13.00 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,450 Hardware companies, Hamamatsu Photonics KK ranks better than 85.06% on this metric.
HPHTF's Gross Margin % is ranked better than 85.06% of 2450
companies
in the Hardware industry
Industry Median: 24.53
vs HPHTF: 47.32
Hamamatsu Photonics KK had a gross margin of 50.50% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Hamamatsu Photonics KK was 0.00% per year.
Hamamatsu Photonics KK (OTCPK:HPHTF) 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
Hamamatsu Photonics KK had a gross margin of 50.50% 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.
Hamamatsu Photonics KK Gross Margin % Related Terms
Hamamatsu Photonics KK Gross Margin % Historical Data
* Premium members only.
The historical data trend for Hamamatsu Photonics KK'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 Electronic Components subindustry, Hamamatsu Photonics KK'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.
Hamamatsu Photonics KK Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Hamamatsu Photonics KK's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Hamamatsu Photonics KK'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.
Hamamatsu Photonics KK (HPHTF) has a Gross Margin % of 50.50% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hamamatsu Photonics KK and its competitors. This is near median its historical median of 50.41. Over the past decade, Hamamatsu Photonics KK's Gross Margin % has ranged from 47.32 to 54.19. According to the industry distribution chart, Hamamatsu Photonics KK ranks #366 out of 2450 companies in the Hardware industry, placing it in the top 14.9%.
Is Hamamatsu Photonics KK's Gross Margin % too high?
Hamamatsu Photonics KK's current Gross Margin % of 50.50% is near median its 10-year median of 50.41. Over the past 10 years, this metric has ranged from a low of 47.32 to a high of 54.19. The Hardware industry median Gross Margin % is 24.53. Hamamatsu Photonics KK's value of 50.50% is 105.9% above this industry median. Based on the distribution chart, Hamamatsu Photonics KK ranks #366 out of 2450 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Hamamatsu Photonics KK has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hamamatsu Photonics KK's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Hamamatsu Photonics KK ranks #366 out of 2450 companies for Gross Margin %. This places Hamamatsu Photonics KK in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.53. Hamamatsu Photonics KK's value of 50.50% is 105.9% above this benchmark. Historically, Hamamatsu Photonics KK's own Gross Margin % has ranged from 47.32 to 54.19 over the past decade. While the company's 10-year median is 50.41 vs. the industry median of 24.53, Hamamatsu Photonics KK 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.53, based on 2,450 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. Hamamatsu Photonics KK's current Gross Margin % of 50.50% is 105.9% 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 Hamamatsu Photonics KK and its competitors. For the Hardware industry, the median Gross Margin % is 24.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hamamatsu Photonics KK's current Gross Margin % is 50.50%, which is near median its own 10-year median of 50.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamamatsu Photonics KK stock overvalued right now?
Based on GuruFocus' analysis, Hamamatsu Photonics KK (HPHTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.00, compared to a current price of $15.80 — trading 21.5% above its estimated fair value. The current Gross Margin % is 50.50%, which is near median its 10-year median of 50.41 and 105.9% above the Hardware industry median of 24.53. Hamamatsu Photonics KK's overall GF Score™ is 89/100 with 9 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 Hamamatsu Photonics KK (HPHTF), the current Gross Margin % is 50.50% 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 Hamamatsu Photonics KK (HPHTF) Overvalued in 2026?
Based on GuruFocus' analysis, Hamamatsu Photonics KK stock appears to be overvalued.
The current stock price of $15.80 is trading 21.5% above its estimated GF Value™ of $13.00.
GuruFocus considers Hamamatsu Photonics KK to be Modestly Overvalued.
Key valuation signals for HPHTF:
Gross Margin %: 50.50% (near median its 10-year median of 50.41)
GF Value™: $13.00 vs. price of $15.80 (21.5% above fair value)
Industry Position: 105.9% above the Hardware median (#366 of 2450)
No single metric tells the full story. See the HPHTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hamamatsu Photonics KK is a Japan-based company engaged in the development, manufacture, and sale of optical and electronic devices. The company operates through four reportable segments: Electron Tube, Optical Semiconductor, Imaging and Measuring Instruments, and Laser Businesses. Its products include photomultiplier tubes, optical semiconductor components, imaging and measuring instruments, and laser-related products.
89GF Score
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