Mani (MNICF) Gross Margin %: 67.21% (As of Feb. 2026) — Near Median


MNICF Mani Inc MNICF
98 GF Score
Price $12.82
GF Value $15.94
! 6 Warning Signs
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What is Mani Gross Margin %?

Mani MNICF 98 Gross Margin % is 67.21% as of Feb. 2026, which is 7% above its 10-year median of 62.87. GuruFocus rates MNICF with a GF Score™ of 98/100 and a GF Value™ of $15.94. The stock has 6 warning signs investors should review. Among 805 Medical Devices & Instruments companies, Mani ranks better than 72.17% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Mani's Gross Profit for the three months ended in Feb. 2026 was $35.9 Mil. Mani's Revenue for the three months ended in Feb. 2026 was $53.4 Mil. Therefore, Mani's Gross Margin % for the quarter that ended in Feb. 2026 was 67.21%.


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

MNICF' s Gross Margin % Range Over the Past 10 Years
Min: 58.3   Med: 62.87   Max: 65.72
Current: 65.72


During the past 13 years, the highest Gross Margin % of Mani was 65.72%. The lowest was 58.30%. And the median was 62.87%.

MNICF's Gross Margin % is ranked better than
72.17% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 52.07 vs MNICF: 65.72

Mani had a gross margin of 67.21% for the quarter that ended in Feb. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mani was -0.20% per year.


Mani  (OTCPK:MNICF) 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

Mani had a gross margin of 67.21% 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.


Mani Gross Margin % Related Terms


Mani Gross Margin % Historical Data

* Premium members only.

The historical data trend for Mani'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.

Mani Gross Margin % Chart

Mani Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.01 61.59 62.97 62.77 64.46

Mani 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 62.78 63.67 65.92 65.91 67.21

MNICF vs ISRG, BDX, MDLN: Gross Margin % Comparison

For the Medical Instruments & Supplies subindustry, Mani'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.


Mani Gross Margin % vs Medical Devices & Instruments Industry

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

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


MNICF
98GF Score
Mani Inc MNICF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mani Gross Margin % Calculation

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

Mani's Gross Margin for the fiscal year that ended in Aug. 2025 is calculated as

Gross Margin % (A: Aug. 2025 )=Gross Profit (A: Aug. 2025 ) / Revenue (A: Aug. 2025 )
=131 / 203.202
=(Revenue - Cost of Goods Sold) / Revenue
=(203.202 - 72.22) / 203.202
=64.46 %

Mani'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 )
=35.9 / 53.371
=(Revenue - Cost of Goods Sold) / Revenue
=(53.371 - 17.498) / 53.371
=67.21 %

* 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 67.21% mean?
Mani (MNICF) has a Gross Margin % of 67.21% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mani and its competitors. This is near median its historical median of 62.87. Over the past decade, Mani's Gross Margin % has ranged from 58.30 to 65.72. According to the industry distribution chart, Mani ranks #224 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 27.8%.
Is Mani's Gross Margin % too high?
Mani's current Gross Margin % of 67.21% is near median its 10-year median of 62.87. Over the past 10 years, this metric has ranged from a low of 58.30 to a high of 65.72. The Medical Devices & Instruments industry median Gross Margin % is 52.07. Mani's value of 67.21% is 29.1% above this industry median. Based on the distribution chart, Mani ranks #224 out of 805 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Mani has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Mani's Gross Margin % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Mani ranks #224 out of 805 companies for Gross Margin %. This puts Mani in the upper half of its industry. The industry median Gross Margin % is 52.07. Mani's value of 67.21% is 29.1% above this benchmark. Historically, Mani's own Gross Margin % has ranged from 58.30 to 65.72 over the past decade. While the company's 10-year median is 62.87 vs. the industry median of 52.07, Mani 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 Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.07, 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. Mani's current Gross Margin % of 67.21% is 29.1% 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 Mani and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mani's current Gross Margin % is 67.21%, which is near median its own 10-year median of 62.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mani stock overvalued right now?
Mani (MNICF) has a current Gross Margin % of 67.21%. The stock's GF Value™ is $15.94, compared to a current price of $12.82 — trading 19.6% below its estimated fair value. The current Gross Margin % is 67.21%, which is near median its 10-year median of 62.87 and 29.1% above the Medical Devices & Instruments industry median of 52.07. Mani's overall GF Score™ is 98/100 with 6 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 Mani (MNICF), the current Gross Margin % is 67.21% 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 Mani (MNICF) Overvalued in 2026?

Based on GuruFocus' analysis, Mani stock appears to be undervalued. The current stock price of $12.82 is trading 19.6% below its estimated GF Value™ of $15.94.

Key valuation signals for MNICF:

  • Gross Margin %: 67.21% (near median its 10-year median of 62.87)
  • GF Value™: $15.94 vs. price of $12.82 (19.6% below fair value)
  • GF Score™: 98/100 with 6 warning signs
  • Industry Position: 29.1% above the Medical Devices & Instruments median (#224 of 805)

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


Mani Business Description

Other Exchanges 7730:Japan
Address 8-3 Kogyodanchi, Tochigi, JPN
Mani Inc manufactures medical devices and dental instruments. It sells products in four categories: surgical instruments, ophthalmic instruments, suture needles, and dental instruments. Mani's surgical products include instruments such as staplers, vessel knives, and bone saws. Its ophthalmic instruments include a range of knives used during eye surgery and ophthalmic sutures. Mani's suture needles business includes a variety of taper point and cutting eyeless needles, which require suture attachment and sterilization by the customer, as well as stainless-steel eyed needles. The firm's dental instruments include endodontic instruments and accessories, root canal equipment, and finishing and polishing instruments.
98GF Score

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

$12.82
Price
$15.94
GF Value