THYCY (Taiheiyo Cement) Gross Margin %: 24.05% (As of Mar. 2026) — Near Median


THYCY Taiheiyo Cement Corp THYCY
83 GF Score
Price $6.82
GF Value $6.44
Valuation Fairly Valued
! 4 Warning Signs
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What is Taiheiyo Cement Gross Margin %?

Taiheiyo Cement THYCY 83 Gross Margin % is 24.05% as of Mar. 2026, which is 5% above its 10-year median of 22.93. GuruFocus rates THYCY with a GF Score™ of 83/100 and a GF Value™ of $6.44 (Fairly Valued). The stock has 4 warning signs investors should review. Among 397 Building Materials companies, Taiheiyo Cement ranks worse than 54.66% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Taiheiyo Cement's Gross Profit for the three months ended in Mar. 2026 was $344 Mil. Taiheiyo Cement's Revenue for the three months ended in Mar. 2026 was $1,432 Mil. Therefore, Taiheiyo Cement's Gross Margin % for the quarter that ended in Mar. 2026 was 24.05%.


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

THYCY' s Gross Margin % Range Over the Past 10 Years
Min: 17.44   Med: 22.93   Max: 24.88
Current: 24.85


During the past 13 years, the highest Gross Margin % of Taiheiyo Cement was 24.88%. The lowest was 17.44%. And the median was 22.93%.

THYCY's Gross Margin % is ranked worse than
54.66% of 397 companies
in the Building Materials industry
Industry Median: 26.2 vs THYCY: 24.85

Taiheiyo Cement had a gross margin of 24.05% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Taiheiyo Cement was 2.10% per year.


Taiheiyo Cement  (OTCPK:THYCY) 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

Taiheiyo Cement had a gross margin of 24.05% for the quarter that ended in Mar. 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.


Taiheiyo Cement Gross Margin % Related Terms


Taiheiyo Cement Gross Margin % Historical Data

* Premium members only.

The historical data trend for Taiheiyo Cement'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.

Taiheiyo Cement Gross Margin % Chart

Taiheiyo Cement 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 24.76 17.44 21.69 24.22 24.85

Taiheiyo Cement 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 22.87 22.00 25.88 27.22 24.05

THYCY vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, Taiheiyo Cement'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.


Taiheiyo Cement Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiheiyo Cement's Gross Margin % distribution charts can be found below:

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


THYCY
83GF Score
Taiheiyo Cement Corp THYCY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiheiyo Cement Gross Margin % Calculation

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

Taiheiyo Cement'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 )
=1407 / 5661.871
=(Revenue - Cost of Goods Sold) / Revenue
=(5661.871 - 4254.887) / 5661.871
=24.85 %

Taiheiyo Cement'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 )
=344.2 / 1431.643
=(Revenue - Cost of Goods Sold) / Revenue
=(1431.643 - 1087.403) / 1431.643
=24.05 %

* 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 24.05% mean?
Taiheiyo Cement (THYCY) has a Gross Margin % of 24.05% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Taiheiyo Cement and its competitors. This is near median its historical median of 22.93. Over the past decade, Taiheiyo Cement's Gross Margin % has ranged from 17.44 to 24.88. According to the industry distribution chart, Taiheiyo Cement ranks #217 out of 397 companies in the Building Materials industry, placing it in the top 54.7%.
Is Taiheiyo Cement's Gross Margin % too high?
Taiheiyo Cement's current Gross Margin % of 24.05% is near median its 10-year median of 22.93. Over the past 10 years, this metric has ranged from a low of 17.44 to a high of 24.88. The Building Materials industry median Gross Margin % is 26.20. Taiheiyo Cement's value of 24.05% is 8.2% below this industry median. Based on the distribution chart, Taiheiyo Cement ranks #217 out of 397 companies in the Building Materials industry, which is below the industry midpoint. Overall, Taiheiyo Cement has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiheiyo Cement's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Taiheiyo Cement ranks #217 out of 397 companies for Gross Margin %. This places Taiheiyo Cement in the lower half of its industry. The industry median Gross Margin % is 26.20. Taiheiyo Cement's value of 24.05% is 8.2% below this benchmark. Historically, Taiheiyo Cement's own Gross Margin % has ranged from 17.44 to 24.88 over the past decade. While the company's 10-year median is 22.93 vs. the industry median of 26.20, Taiheiyo Cement 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 26.20, based on 397 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. Taiheiyo Cement's current Gross Margin % of 24.05% is 8.2% 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 Taiheiyo Cement and its competitors. For the Building Materials industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiheiyo Cement's current Gross Margin % is 24.05%, which is near median its own 10-year median of 22.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiheiyo Cement stock overvalued right now?
Based on GuruFocus' analysis, Taiheiyo Cement (THYCY) is currently considered Fairly Valued. The stock's GF Value™ is $6.44, compared to a current price of $6.82 — trading 5.9% above its estimated fair value. The current Gross Margin % is 24.05%, which is near median its 10-year median of 22.93 and 8.2% below the Building Materials industry median of 26.20. Taiheiyo Cement's overall GF Score™ is 83/100 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 Taiheiyo Cement (THYCY), the current Gross Margin % is 24.05% 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 Taiheiyo Cement (THYCY) Overvalued in 2026?

Based on GuruFocus' analysis, Taiheiyo Cement stock appears to be overvalued. The current stock price of $6.82 is trading 5.9% above its estimated GF Value™ of $6.44. GuruFocus considers Taiheiyo Cement to be Fairly Valued.

Key valuation signals for THYCY:

  • Gross Margin %: 24.05% (near median its 10-year median of 22.93)
  • GF Value™: $6.44 vs. price of $6.82 (5.9% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 8.2% below the Building Materials median (#217 of 397)

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


Taiheiyo Cement Business Description

Other Exchanges THYCF:USA5233:Japan
Address 1-1-1 Koishikawa, Bunkyo Garden Gate Tower, Bunkyo-ku, Tokyo, JPN, 112-8503
Taiheiyo Cement Corp is a Japan-based company mainly engaged in the manufacture and sale of cement products. The company operates through four main segments. The Building Materials and Civil Engineering segment handles secondary concrete products and ALC (lightweight aerated concrete). The Cement segment covers various cement types and ready-mixed concrete. The Environmental Business focuses on waste recycling and desulfurization materials. The Resources segment deals with aggregates and limestone products. The Others segment includes real estate, engineering, information processing, finance, transportation, warehousing, chemical products, sports, and power supply. It generates the majority of its revenue from the Cement segment.
83GF Score

Get the complete analysis for THYCY

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

$6.82
Price
$6.44
GF Value