IUSDF (As One) Gross Margin %: 29.28% (As of Mar. 2026) — Near Median


IUSDF As One Corp IUSDF
85 GF Score
Price $14.00
GF Value $19.44
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What is As One Gross Margin %?

As One IUSDF 85 Gross Margin % is 29.28% as of Mar. 2026, which is 4% below its 10-year median of 30.43. GuruFocus rates IUSDF with a GF Score™ of 85/100 and a GF Value™ of $19.44. Among 118 Medical Distribution companies, As One ranks better than 68.64% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. As One's Gross Profit for the three months ended in Mar. 2026 was $58.1 Mil. As One's Revenue for the three months ended in Mar. 2026 was $198.5 Mil. Therefore, As One's Gross Margin % for the quarter that ended in Mar. 2026 was 29.28%.


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

IUSDF' s Gross Margin % Range Over the Past 10 Years
Min: 29.38   Med: 30.43   Max: 31.77
Current: 30.23


During the past 13 years, the highest Gross Margin % of As One was 31.77%. The lowest was 29.38%. And the median was 30.43%.

IUSDF's Gross Margin % is ranked better than
68.64% of 118 companies
in the Medical Distribution industry
Industry Median: 14.975 vs IUSDF: 30.23

As One had a gross margin of 29.28% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for As One was -0.50% per year.


As One  (OTCPK:IUSDF) 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

As One had a gross margin of 29.28% for the quarter that ended in Mar. 2026 => 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.


As One Gross Margin % Related Terms


As One Gross Margin % Historical Data

* Premium members only.

The historical data trend for As One'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.

As One Gross Margin % Chart

As One 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 29.38 31.12 30.62 30.18 30.23

As One 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 29.87 30.74 30.45 30.65 29.28

IUSDF vs MCK, COR, CAH: Gross Margin % Comparison

For the Medical Distribution subindustry, As One'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.


As One Gross Margin % vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, As One's Gross Margin % distribution charts can be found below:

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


IUSDF
85GF Score
As One Corp IUSDF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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As One Gross Margin % Calculation

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

As One'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 )
=210.9 / 697.606
=(Revenue - Cost of Goods Sold) / Revenue
=(697.606 - 486.713) / 697.606
=30.23 %

As One'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 )
=58.1 / 198.472
=(Revenue - Cost of Goods Sold) / Revenue
=(198.472 - 140.369) / 198.472
=29.28 %

* 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 29.28% mean?
As One (IUSDF) has a Gross Margin % of 29.28% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on As One and its competitors. This is near median its historical median of 30.43. Over the past decade, As One's Gross Margin % has ranged from 29.38 to 31.77. According to the industry distribution chart, As One ranks #37 out of 118 companies in the Medical Distribution industry, placing it in the top 31.4%.
Is As One's Gross Margin % too high?
As One's current Gross Margin % of 29.28% is near median its 10-year median of 30.43. Over the past 10 years, this metric has ranged from a low of 29.38 to a high of 31.77. The Medical Distribution industry median Gross Margin % is 14.98. As One's value of 29.28% is 95.5% above this industry median. Based on the distribution chart, As One ranks #37 out of 118 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, As One has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does As One's Gross Margin % compare to MCK and COR?
According to the Medical Distribution industry distribution chart, As One ranks #37 out of 118 companies for Gross Margin %. This puts As One in the upper half of its industry. The industry median Gross Margin % is 14.98. As One's value of 29.28% is 95.5% above this benchmark. Historically, As One's own Gross Margin % has ranged from 29.38 to 31.77 over the past decade. While the company's 10-year median is 30.43 vs. the industry median of 14.98, As One 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 Medical Distribution company?
The median Gross Margin % among Medical Distribution companies is 14.98, based on 118 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. As One's current Gross Margin % of 29.28% is 95.5% 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 As One and its competitors. For the Medical Distribution industry, the median Gross Margin % is 14.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. As One's current Gross Margin % is 29.28%, which is near median its own 10-year median of 30.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is As One stock overvalued right now?
As One (IUSDF) has a current Gross Margin % of 29.28%. The stock's GF Value™ is $19.44, compared to a current price of $14.00 — trading 28% below its estimated fair value. The current Gross Margin % is 29.28%, which is near median its 10-year median of 30.43 and 95.5% above the Medical Distribution industry median of 14.98. As One's overall GF Score™ is 85/100. 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 As One (IUSDF), the current Gross Margin % is 29.28% 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 As One (IUSDF) Overvalued in 2026?

Based on GuruFocus' analysis, As One stock appears to be undervalued. The current stock price of $14.00 is trading 28% below its estimated GF Value™ of $19.44.

Key valuation signals for IUSDF:

  • Gross Margin %: 29.28% (near median its 10-year median of 30.43)
  • GF Value™: $19.44 vs. price of $14.00 (28% below fair value)
  • GF Score™: 85/100
  • Industry Position: 95.5% above the Medical Distribution median (#37 of 118)

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


As One Business Description

Other Exchanges 7476:Japan
Address Edobori 2-1-27 Nishi-ku, Osaka, JPN
As One Corp is a trading engaged in sale of scientific instruments, industrial instruments, hospital or nursing instruments and approach to specialized fields. The company generates maximum revenue from scientific instrument product line which includes measuring instruments; cultivation, separation, analysis products such as microscopes, glass slides, and tissue culture products; Equipment / storage / conveyance products such as experimental platforms, fume hoods; Vessels or containers which includes storage of samples, reagents; Necessities for experiments including glass or plastic beakers, flask indispensable for experiments, hoses, tubes, joints, plus paper products such as tapes and labels; Equipment for laboratories like timers, packaging machines, tools, office supplies.
85GF Score

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

$14.00
Price
$19.44
GF Value