ShimanoSHMDF 67 Gross Margin % is 36.29% as of Dec. 2025, which is 9% below its 10-year median of 39.87. GuruFocus rates SHMDF with a GF Score™ of 67/100 and a GF Value™ of $129.75 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 793 Travel & Leisure companies, Shimano ranks worse than 64.69% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Shimano's Gross Profit for the
three
months ended in Dec. 2025 was $268 Mil. Shimano's Revenue for the
three
months ended in Dec. 2025 was $739 Mil. Therefore, Shimano's Gross Margin % for the quarter that ended in Dec. 2025 was 36.29%.
Warning Sign:
Shimano Inc gross margin has been in long-term decline. The average rate of decline per year is -2.9%.
The historical rank and industry rank for Shimano's Gross Margin % or its related term are showing as below:
SHMDF'
s Gross Margin % Range Over the Past 10 Years
Min: 34.74 Med: 39.87 Max: 42.34
Current: 34.74
During the past 13 years, the highestGross Margin % of Shimano was 42.34%. The lowest was 34.74%. And the median was 39.87%.
SHMDF's Gross Margin % is ranked worse than 64.69% of 793
companies
in the Travel & Leisure industry
Industry Median: 44.02
vs SHMDF: 34.74
Shimano had a gross margin of 36.29% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Shimano was -2.90% per year.
Shimano (OTCPK:SHMDF) 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
Shimano had a gross margin of 36.29% for the quarter that ended in Dec. 2025 => Competition eroding margins
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.
Shimano Gross Margin % Related Terms
Shimano Gross Margin % Historical Data
* Premium members only.
The historical data trend for Shimano'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.
For the Leisure subindustry, Shimano'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.
Shimano Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Shimano's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Shimano'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.
Shimano (SHMDF) has a Gross Margin % of 36.29% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Shimano and its competitors. This is near median its historical median of 39.87. Over the past decade, Shimano's Gross Margin % has ranged from 34.74 to 42.34. According to the industry distribution chart, Shimano ranks #513 out of 793 companies in the Travel & Leisure industry, placing it in the top 64.7%.
Is Shimano's Gross Margin % too high?
Shimano's current Gross Margin % of 36.29% is near median its 10-year median of 39.87. Over the past 10 years, this metric has ranged from a low of 34.74 to a high of 42.34. The Travel & Leisure industry median Gross Margin % is 44.02. Shimano's value of 36.29% is 17.6% below this industry median. Based on the distribution chart, Shimano ranks #513 out of 793 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Shimano has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shimano's Gross Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Shimano ranks #513 out of 793 companies for Gross Margin %. This places Shimano in the lower half of its industry. The industry median Gross Margin % is 44.02. Shimano's value of 36.29% is 17.6% below this benchmark. Historically, Shimano's own Gross Margin % has ranged from 34.74 to 42.34 over the past decade. While the company's 10-year median is 39.87 vs. the industry median of 44.02, Shimano 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 44.02, based on 793 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. Shimano's current Gross Margin % of 36.29% is 17.6% 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 Shimano and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 44.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shimano's current Gross Margin % is 36.29%, which is near median its own 10-year median of 39.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimano stock overvalued right now?
Based on GuruFocus' analysis, Shimano (SHMDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $129.75, compared to a current price of $102.74 — trading 20.8% below its estimated fair value. The current Gross Margin % is 36.29%, which is near median its 10-year median of 39.87 and 17.6% below the Travel & Leisure industry median of 44.02. Shimano's overall GF Score™ is 67/100 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 Shimano (SHMDF), the current Gross Margin % is 36.29% as of Dec. 2025. 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 Shimano (SHMDF) Overvalued in 2026?
Based on GuruFocus' analysis, Shimano stock appears to be undervalued.
The current stock price of $102.74 is trading 20.8% below its estimated GF Value™ of $129.75.
GuruFocus considers Shimano to be Modestly Undervalued.
Key valuation signals for SHMDF:
Gross Margin %: 36.29% (near median its 10-year median of 39.87)
GF Value™: $129.75 vs. price of $102.74 (20.8% below fair value)
Industry Position: 17.6% below the Travel & Leisure median (#513 of 793)
No single metric tells the full story. See the SHMDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shimano, founded in 1921 and headquartered in Osaka, Japan, is a global leader in the development, production, and distribution of bicycle components, fishing tackle, and rowing equipment. The company also offers lifestyle gear, including apparel, shoes, and bags. With a strong international presence across Japan, Asia, Europe, the Americas, and Oceania, Shimano serves a diverse range of recreational and sporting markets worldwide.
67GF Score
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