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T.O. Holdings CoSSE:9812 46 Gross Margin % is 24.52% as of Feb. 2026, which is 4% above its 10-year median of 23.59. GuruFocus rates SSE:9812 with a GF Score™ of 46/100 and a GF Value™ of 円292.04 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 396 Building Materials companies, T.O. Holdings Co ranks worse than 55.3% on this metric.
The historical rank and industry rank for T.O. Holdings Co's Gross Margin % or its related term are showing as below:
SSE:9812'
s Gross Margin % Range Over the Past 10 Years
Min: 20.19 Med: 23.59 Max: 24.66
Current: 24.31
During the past 13 years, the highestGross Margin % of T.O. Holdings Co was 24.66%. The lowest was 20.19%. And the median was 23.59%.
SSE:9812's Gross Margin % is ranked worse than 55.3% of 396
companies
in the Building Materials industry
Industry Median: 26.19
vs SSE:9812: 24.31
T.O. Holdings Co had a gross margin of 24.52% for the quarter that ended in Feb. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for T.O. Holdings Co was 0.20% per year.
T.O. Holdings Co (SSE:9812) 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
T.O. Holdings Co had a gross margin of 24.52% for the quarter that ended in Feb. 2026 => 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.
T.O. Holdings Co Gross Margin % Related Terms
T.O. Holdings Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for T.O. Holdings 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.
For the Building Materials subindustry, T.O. Holdings 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.
T.O. Holdings Co Gross Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, T.O. Holdings Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where T.O. Holdings 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.
T.O. Holdings Co (SSE:9812) has a Gross Margin % of 24.52% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on T.O. Holdings Co and its competitors. This is near median its historical median of 23.59. Over the past decade, T.O. Holdings Co's Gross Margin % has ranged from 20.19 to 24.66. According to the industry distribution chart, T.O. Holdings Co ranks #219 out of 396 companies in the Building Materials industry, placing it in the top 55.3%.
Is T.O. Holdings Co's Gross Margin % too high?
T.O. Holdings Co's current Gross Margin % of 24.52% is near median its 10-year median of 23.59. Over the past 10 years, this metric has ranged from a low of 20.19 to a high of 24.66. The Building Materials industry median Gross Margin % is 26.19. T.O. Holdings Co's value of 24.52% is 6.4% below this industry median. Based on the distribution chart, T.O. Holdings Co ranks #219 out of 396 companies in the Building Materials industry, which is below the industry midpoint. Overall, T.O. Holdings Co has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T.O. Holdings Co's Gross Margin % compare to ?
According to the Building Materials industry distribution chart, T.O. Holdings Co ranks #219 out of 396 companies for Gross Margin %. This places T.O. Holdings Co in the lower half of its industry. The industry median Gross Margin % is 26.19. T.O. Holdings Co's value of 24.52% is 6.4% below this benchmark. Historically, T.O. Holdings Co's own Gross Margin % has ranged from 20.19 to 24.66 over the past decade. While the company's 10-year median is 23.59 vs. the industry median of 26.19, T.O. Holdings 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 Building Materials company?
The median Gross Margin % among Building Materials companies is 26.19, based on 396 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. T.O. Holdings Co's current Gross Margin % of 24.52% is 6.4% 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 T.O. Holdings Co and its competitors. For the Building Materials industry, the median Gross Margin % is 26.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T.O. Holdings Co's current Gross Margin % is 24.52%, which is near median its own 10-year median of 23.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T.O. Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, T.O. Holdings Co (SSE:9812) is currently considered Modestly Undervalued. The stock's GF Value™ is 円292.04, compared to a current price of 円226.00 — trading 22.6% below its estimated fair value. The current Gross Margin % is 24.52%, which is near median its 10-year median of 23.59 and 6.4% below the Building Materials industry median of 26.19. T.O. Holdings Co's overall GF Score™ is 46/100 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 T.O. Holdings Co (SSE:9812), the current Gross Margin % is 24.52% 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 T.O. Holdings Co (SSE:9812) Overvalued in 2026?
Based on GuruFocus' analysis, T.O. Holdings Co stock appears to be undervalued.
The current stock price of 円226.00 is trading 22.6% below its estimated GF Value™ of 円292.04.
GuruFocus considers T.O. Holdings Co to be Modestly Undervalued.
Key valuation signals for SSE:9812:
Gross Margin %: 24.52% (near median its 10-year median of 23.59)
GF Value™: 円292.04 vs. price of 円226.00 (22.6% below fair value)
Industry Position: 6.4% below the Building Materials median (#219 of 396)
No single metric tells the full story. See the SSE:9812 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
T.O. Holdings Co Ltd is engaged in the sale of timbers, clothing, wood materials, furniture and electrical appliances. Its segments include Lumber, Distribution, Housing, Construction, Real Estate Leasing, Automobile and Services.
46GF Score
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