OkayaNGO:7485 +2.59%79 Gross Margin % is 9.55% as of Feb. 2026, which is 35% above its 10-year median of 7.09. GuruFocus rates NGO:7485 with a GF Score™ of 79/100 and a GF Value™ of 円3,767.61 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 592 Steel companies, Okaya ranks worse than 63.34% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Okaya's Gross Profit for the
three
months ended in Feb. 2026 was 円27,916 Mil. Okaya's Revenue for the
three
months ended in Feb. 2026 was 円292,392 Mil. Therefore, Okaya's Gross Margin % for the quarter that ended in Feb. 2026 was 9.55%.
The historical rank and industry rank for Okaya's Gross Margin % or its related term are showing as below:
NGO:7485'
s Gross Margin % Range Over the Past 10 Years
Min: 6.74 Med: 7.09 Max: 9.16
Current: 9.12
During the past 13 years, the highestGross Margin % of Okaya was 9.16%. The lowest was 6.74%. And the median was 7.09%.
NGO:7485's Gross Margin % is ranked worse than 63.34% of 592
companies
in the Steel industry
Industry Median: 12.55
vs NGO:7485: 9.12
Okaya had a gross margin of 9.55% for the quarter that ended in Feb. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Okaya was 5.60% per year.
Okaya (NGO:7485) 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
Okaya had a gross margin of 9.55% for the quarter that ended in Feb. 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.
Okaya Gross Margin % Related Terms
Okaya Gross Margin % Historical Data
* Premium members only.
The historical data trend for Okaya'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:7485 vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Okaya'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.
Okaya Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Okaya's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Okaya'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.
Okaya (NGO:7485) has a Gross Margin % of 9.55% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Okaya and its competitors. This is 35% above median its historical median of 7.09. Over the past decade, Okaya's Gross Margin % has ranged from 6.74 to 9.16. According to the industry distribution chart, Okaya ranks #375 out of 592 companies in the Steel industry, placing it in the top 63.3%.
Is Okaya's Gross Margin % too high?
Okaya's current Gross Margin % of 9.55% is 35% above median its 10-year median of 7.09. Over the past 10 years, this metric has ranged from a low of 6.74 to a high of 9.16. The Steel industry median Gross Margin % is 12.55. Okaya's value of 9.55% is 23.9% below this industry median. Based on the distribution chart, Okaya ranks #375 out of 592 companies in the Steel industry, which is below the industry midpoint. Overall, Okaya has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okaya's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Okaya ranks #375 out of 592 companies for Gross Margin %. This places Okaya in the lower half of its industry. The industry median Gross Margin % is 12.55. Okaya's value of 9.55% is 23.9% below this benchmark. Historically, Okaya's own Gross Margin % has ranged from 6.74 to 9.16 over the past decade. While the company's 10-year median is 7.09 vs. the industry median of 12.55, Okaya 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 Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 592 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. Okaya's current Gross Margin % of 9.55% is 23.9% 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 Okaya and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okaya's current Gross Margin % is 9.55%, which is 35% above median its own 10-year median of 7.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okaya stock overvalued right now?
Based on GuruFocus' analysis, Okaya (NGO:7485) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,767.61, compared to a current price of 円5,150.00 — trading 36.7% above its estimated fair value. The current Gross Margin % is 9.55%, which is 35% above median its 10-year median of 7.09 and 23.9% below the Steel industry median of 12.55. Okaya's overall GF Score™ is 79/100 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 Okaya (NGO:7485), the current Gross Margin % is 9.55% 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 Okaya (NGO:7485) Overvalued in 2026?
Based on GuruFocus' analysis, Okaya stock appears to be overvalued.
The current stock price of 円5,150.00 is trading 36.7% above its estimated GF Value™ of 円3,767.61.
GuruFocus considers Okaya to be Significantly Overvalued.
Key valuation signals for NGO:7485:
Gross Margin %: 9.55% (35% above median its 10-year median of 7.09)
GF Value™: 円3,767.61 vs. price of 円5,150.00 (36.7% above fair value)
Industry Position: 23.9% below the Steel median (#375 of 592)
No single metric tells the full story. See the NGO:7485 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okaya & Co Ltd is a Japan-based trading company. It is engaged in the businesses of iron and steel; information and electronics; industrial machinery and materials; and living-related products. Its products include iron and steel, special steel, non-ferrous metals, electrical and electronic parts, chemical products, machinery and tools, piping and housing equipment, construction-related items, and food products.
79GF Score
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