MAWAF (Maruwa Co) Gross Margin %: 54.76% (As of Mar. 2026) — 16% Above Median


MAWAF Maruwa Co Ltd MAWAF
92 GF Score
Price $274.00
GF Value $174.82
! 7 Warning Signs
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What is Maruwa Co Gross Margin %?

Maruwa Co MAWAF 92 Gross Margin % is 54.76% as of Mar. 2026, which is 16% above its 10-year median of 47.30. GuruFocus rates MAWAF with a GF Score™ of 92/100 and a GF Value™ of $174.82. The stock has 7 warning signs investors should review. Among 2,450 Hardware companies, Maruwa Co ranks better than 89.31% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Maruwa Co's Gross Profit for the three months ended in Mar. 2026 was $76.8 Mil. Maruwa Co's Revenue for the three months ended in Mar. 2026 was $140.2 Mil. Therefore, Maruwa Co's Gross Margin % for the quarter that ended in Mar. 2026 was 54.76%.


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

MAWAF' s Gross Margin % Range Over the Past 10 Years
Min: 36.94   Med: 47.3   Max: 54.94
Current: 52.58


During the past 13 years, the highest Gross Margin % of Maruwa Co was 54.94%. The lowest was 36.94%. And the median was 47.30%.

MAWAF's Gross Margin % is ranked better than
89.31% of 2450 companies
in the Hardware industry
Industry Median: 24.53 vs MAWAF: 52.58

Maruwa Co had a gross margin of 54.76% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Maruwa Co was 3.20% per year.


Maruwa Co  (OTCPK:MAWAF) 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

Maruwa Co had a gross margin of 54.76% 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.


Maruwa Co Gross Margin % Related Terms


Maruwa Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Maruwa 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.

Maruwa Co Gross Margin % Chart

Maruwa Co 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 50.28 51.71 50.34 54.94 52.58

Maruwa 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 56.49 52.59 50.53 51.73 54.76

MAWAF vs APH, GLW, TEL: Gross Margin % Comparison

For the Electronic Components subindustry, Maruwa 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.


Maruwa Co Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Maruwa Co's Gross Margin % distribution charts can be found below:

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


MAWAF
92GF Score
Maruwa Co Ltd MAWAF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maruwa Co Gross Margin % Calculation

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

Maruwa Co'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 )
=246.8 / 469.339
=(Revenue - Cost of Goods Sold) / Revenue
=(469.339 - 222.57) / 469.339
=52.58 %

Maruwa Co'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 )
=76.8 / 140.223
=(Revenue - Cost of Goods Sold) / Revenue
=(140.223 - 63.435) / 140.223
=54.76 %

* 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 54.76% mean?
Maruwa Co (MAWAF) has a Gross Margin % of 54.76% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Maruwa Co and its competitors. This is 16% above median its historical median of 47.30. Over the past decade, Maruwa Co's Gross Margin % has ranged from 36.94 to 54.94. According to the industry distribution chart, Maruwa Co ranks #262 out of 2450 companies in the Hardware industry, placing it in the top 10.7%.
Is Maruwa Co's Gross Margin % too high?
Maruwa Co's current Gross Margin % of 54.76% is 16% above median its 10-year median of 47.30. Over the past 10 years, this metric has ranged from a low of 36.94 to a high of 54.94. The Hardware industry median Gross Margin % is 24.53. Maruwa Co's value of 54.76% is 123.2% above this industry median. Based on the distribution chart, Maruwa Co ranks #262 out of 2450 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Maruwa Co has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Maruwa Co's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Maruwa Co ranks #262 out of 2450 companies for Gross Margin %. This places Maruwa Co in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.53. Maruwa Co's value of 54.76% is 123.2% above this benchmark. Historically, Maruwa Co's own Gross Margin % has ranged from 36.94 to 54.94 over the past decade. While the company's 10-year median is 47.30 vs. the industry median of 24.53, Maruwa 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 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. Maruwa Co's current Gross Margin % of 54.76% is 123.2% 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 Maruwa Co 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. Maruwa Co's current Gross Margin % is 54.76%, which is 16% above median its own 10-year median of 47.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruwa Co stock overvalued right now?
Maruwa Co (MAWAF) has a current Gross Margin % of 54.76%. The stock's GF Value™ is $174.82, compared to a current price of $274.00 — trading 56.7% above its estimated fair value. The current Gross Margin % is 54.76%, which is 16% above median its 10-year median of 47.30 and 123.2% above the Hardware industry median of 24.53. Maruwa Co's overall GF Score™ is 92/100 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 Maruwa Co (MAWAF), the current Gross Margin % is 54.76% 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 Maruwa Co (MAWAF) Overvalued in 2026?

Based on GuruFocus' analysis, Maruwa Co stock appears to be overvalued. The current stock price of $274.00 is trading 56.7% above its estimated GF Value™ of $174.82.

Key valuation signals for MAWAF:

  • Gross Margin %: 54.76% (16% above median its 10-year median of 47.30)
  • GF Value™: $174.82 vs. price of $274.00 (56.7% above fair value)
  • GF Score™: 92/100 with 7 warning signs
  • Industry Position: 123.2% above the Hardware median (#262 of 2450)

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


Maruwa Co Business Description

Other Exchanges 5344:JapanMAW:UK6X5:Germany
Address 83 Minami Honjigaharacho 3-chome, Aichi Prefecture, Owariasahi, JPN, 488-0044
Maruwa Co Ltd engages in the production and sale of ceramics and electronics parts. The company operates in two business divisions, namely the Ceramic parts business and the Lighting equipment business. The Ceramic Parts business segment manufactures and sells electronic components, ceramic substrates, and semiconductor manufacturing equipment. The Lighting Equipment business segment produces and markets LED lighting products alongside conventional lighting equipment. It generates the majority of its revenue from the Ceramic parts business segment.
92GF Score

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

$274.00
Price
$174.82
GF Value