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Meiko Construction CoNGO:1869 -0.42%66 Gross Margin % is 15.22% as of Mar. 2026, which is 20% above its 10-year median of 12.64. GuruFocus rates NGO:1869 with a GF Score™ of 66/100 and a GF Value™ of 円1,414.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 90 Homebuilding & Construction companies, Meiko Construction Co ranks worse than 84.44% on this metric.
NGO:1869's Gross Margin % is ranked worse than 84.44% of 90
companies
in the Homebuilding & Construction industry
Industry Median: 21.34
vs NGO:1869: 14.03
Meiko Construction Co had a gross margin of 15.22% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Meiko Construction Co was 0.20% per year.
Meiko Construction Co (NGO:1869) 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
Meiko Construction Co had a gross margin of 15.22% for the quarter that ended in Mar. 2026 => No sustainable 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.
Meiko Construction Co Gross Margin % Related Terms
Meiko Construction Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Meiko Construction 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.
NGO:1869 vs DHI, PHM, LEN: Gross Margin % Comparison
For the Residential Construction subindustry, Meiko Construction 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.
Meiko Construction Co Gross Margin % vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Meiko Construction Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Meiko Construction Co'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.
Meiko Construction Co (NGO:1869) has a Gross Margin % of 15.22% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Meiko Construction Co and its competitors. This is 20% above median its historical median of 12.64. Over the past decade, Meiko Construction Co's Gross Margin % has ranged from 10.93 to 14.32. According to the industry distribution chart, Meiko Construction Co ranks #76 out of 90 companies in the Homebuilding & Construction industry, placing it in the top 84.4%.
Is Meiko Construction Co's Gross Margin % too high?
Meiko Construction Co's current Gross Margin % of 15.22% is 20% above median its 10-year median of 12.64. Over the past 10 years, this metric has ranged from a low of 10.93 to a high of 14.32. The Homebuilding & Construction industry median Gross Margin % is 21.34. Meiko Construction Co's value of 15.22% is 28.7% below this industry median. Based on the distribution chart, Meiko Construction Co ranks #76 out of 90 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, Meiko Construction Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiko Construction Co's Gross Margin % compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Meiko Construction Co ranks #76 out of 90 companies for Gross Margin %. This places Meiko Construction Co in the lower half of its industry. The industry median Gross Margin % is 21.34. Meiko Construction Co's value of 15.22% is 28.7% below this benchmark. Historically, Meiko Construction Co's own Gross Margin % has ranged from 10.93 to 14.32 over the past decade. While the company's 10-year median is 12.64 vs. the industry median of 21.34, Meiko Construction Co 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 Homebuilding & Construction company?
The median Gross Margin % among Homebuilding & Construction companies is 21.34, based on 90 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. Meiko Construction Co's current Gross Margin % of 15.22% is 28.7% 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 Meiko Construction Co and its competitors. For the Homebuilding & Construction industry, the median Gross Margin % is 21.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiko Construction Co's current Gross Margin % is 15.22%, which is 20% above median its own 10-year median of 12.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiko Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Meiko Construction Co (NGO:1869) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,414.40, compared to a current price of 円1,898.00 — trading 34.2% above its estimated fair value. The current Gross Margin % is 15.22%, which is 20% above median its 10-year median of 12.64 and 28.7% below the Homebuilding & Construction industry median of 21.34. Meiko Construction Co's overall GF Score™ is 66/100 with 4 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 Meiko Construction Co (NGO:1869), the current Gross Margin % is 15.22% 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 Meiko Construction Co (NGO:1869) Overvalued in 2026?
Based on GuruFocus' analysis, Meiko Construction Co stock appears to be overvalued.
The current stock price of 円1,898.00 is trading 34.2% above its estimated GF Value™ of 円1,414.40.
GuruFocus considers Meiko Construction Co to be Significantly Overvalued.
Key valuation signals for NGO:1869:
Gross Margin %: 15.22% (20% above median its 10-year median of 12.64)
GF Value™: 円1,414.40 vs. price of 円1,898.00 (34.2% above fair value)
Industry Position: 28.7% below the Homebuilding & Construction median (#76 of 90)
No single metric tells the full story. See the NGO:1869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiko Construction Co Ltd is engaged in the construction industry. The company undertakes contract for civil works, construction work, track construction and construction work of the facility construction, supervision, planning, design, surveying and consulting. The company is also involved in the buying and selling of houses and real estate, lease, and brokerage. Construction materials on rental, warehousing, and management of education and cultural facilities are additional activities done by the company.
66GF Score
Get the complete analysis for NGO:1869
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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