JTEKT (NGO:6473) Gross Margin %: 16.64% (As of Mar. 2026) — 10% Above Median


NGO:6473 JTEKT Corp NGO:6473
78 GF Score
Price 円1,775.00
GF Value 円1,307.18
! 7 Warning Signs
View Full Analysis

What is JTEKT Gross Margin %?

JTEKT NGO:6473 78 Gross Margin % is 16.64% as of Mar. 2026, which is 10% above its 10-year median of 15.11. GuruFocus rates NGO:6473 with a GF Score™ of 78/100 and a GF Value™ of 円1,307.18. The stock has 7 warning signs investors should review. Among 1,311 Vehicles & Parts companies, JTEKT ranks worse than 66.97% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. JTEKT's Gross Profit for the three months ended in Mar. 2026 was 円86,793 Mil. JTEKT's Revenue for the three months ended in Mar. 2026 was 円521,626 Mil. Therefore, JTEKT's Gross Margin % for the quarter that ended in Mar. 2026 was 16.64%.


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

NGO:6473' s Gross Margin % Range Over the Past 10 Years
Min: 13.78   Med: 15.11   Max: 16.9
Current: 15.43


During the past 13 years, the highest Gross Margin % of JTEKT was 16.90%. The lowest was 13.78%. And the median was 15.11%.

NGO:6473's Gross Margin % is ranked worse than
66.97% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 19.84 vs NGO:6473: 15.43

JTEKT had a gross margin of 16.64% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for JTEKT was 1.70% per year.


JTEKT  (NGO:6473) 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

JTEKT had a gross margin of 16.64% 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.


JTEKT Gross Margin % Related Terms


JTEKT Gross Margin % Historical Data

* Premium members only.

The historical data trend for JTEKT'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.

JTEKT Gross Margin % Chart

JTEKT 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 14.69 15.20 15.01 14.93 15.43

JTEKT 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 16.94 15.20 15.46 14.30 16.64

NGO:6473 vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, JTEKT'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.


JTEKT Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JTEKT's Gross Margin % distribution charts can be found below:

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


NGO:6473
78GF Score
JTEKT Corp NGO:6473
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JTEKT Gross Margin % Calculation

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

JTEKT'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 )
=297035 / 1924950
=(Revenue - Cost of Goods Sold) / Revenue
=(1924950 - 1627915) / 1924950
=15.43 %

JTEKT'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 )
=86793 / 521626
=(Revenue - Cost of Goods Sold) / Revenue
=(521626 - 434833) / 521626
=16.64 %

* 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 16.64% mean?
JTEKT (NGO:6473) has a Gross Margin % of 16.64% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on JTEKT and its competitors. This is 10% above median its historical median of 15.11. Over the past decade, JTEKT's Gross Margin % has ranged from 13.78 to 16.90. According to the industry distribution chart, JTEKT ranks #878 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 67%.
Is JTEKT's Gross Margin % too high?
JTEKT's current Gross Margin % of 16.64% is 10% above median its 10-year median of 15.11. Over the past 10 years, this metric has ranged from a low of 13.78 to a high of 16.90. The Vehicles & Parts industry median Gross Margin % is 19.84. JTEKT's value of 16.64% is 16.1% below this industry median. Based on the distribution chart, JTEKT ranks #878 out of 1311 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, JTEKT has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does JTEKT's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, JTEKT ranks #878 out of 1311 companies for Gross Margin %. This places JTEKT in the lower half of its industry. The industry median Gross Margin % is 19.84. JTEKT's value of 16.64% is 16.1% below this benchmark. Historically, JTEKT's own Gross Margin % has ranged from 13.78 to 16.90 over the past decade. While the company's 10-year median is 15.11 vs. the industry median of 19.84, JTEKT 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,311 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. JTEKT's current Gross Margin % of 16.64% is 16.1% 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 JTEKT and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JTEKT's current Gross Margin % is 16.64%, which is 10% above median its own 10-year median of 15.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTEKT stock overvalued right now?
JTEKT (NGO:6473) has a current Gross Margin % of 16.64%. The stock's GF Value™ is 円1,307.18, compared to a current price of 円1,775.00 — trading 35.8% above its estimated fair value. The current Gross Margin % is 16.64%, which is 10% above median its 10-year median of 15.11 and 16.1% below the Vehicles & Parts industry median of 19.84. JTEKT's overall GF Score™ is 78/100 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 JTEKT (NGO:6473), the current Gross Margin % is 16.64% 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 JTEKT (NGO:6473) Overvalued in 2026?

Based on GuruFocus' analysis, JTEKT stock appears to be overvalued. The current stock price of 円1,775.00 is trading 35.8% above its estimated GF Value™ of 円1,307.18.

Key valuation signals for NGO:6473:

  • Gross Margin %: 16.64% (10% above median its 10-year median of 15.11)
  • GF Value™: 円1,307.18 vs. price of 円1,775.00 (35.8% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 16.1% below the Vehicles & Parts median (#878 of 1311)

No single metric tells the full story. See the NGO:6473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JTEKT Business Description

Other Exchanges 6473:Japan6JK:Germany
Address 1-1 Asahicho, Aichi Prefecture, Kariya, JPN, 450-8515
JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company operates through three segments. The Automobile segment offers products such as electric and hydraulic power steering systems, electronically controlled 4WD coupling (ITCC), Torsen, and pressure reducing valves for fuel cell vehicles. The Industrial Equipment/Bearings segment provides roller bearings, ball bearings, bearing units, oil seals, and related products. The Machine Tools segment includes grinding machines, machining centers, cutting machines, control equipment, including IoE-related products, and industrial heat treatment furnaces. It generates the majority of its revenue from the Automobile segment.
78GF Score

Get the complete analysis for NGO:6473

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

円1,775.00
Price
円1,307.18
GF Value