Tokai Carbon CoTKCBF 76 Gross Margin % is 23.06% as of Dec. 2025, which is 13% below its 10-year median of 26.49. GuruFocus rates TKCBF with a GF Score™ of 76/100 and a GF Value™ of $6.27 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,565 Chemicals companies, Tokai Carbon Co ranks better than 53.23% on this metric.
Tokai Carbon Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.5%.
The historical rank and industry rank for Tokai Carbon Co's Gross Margin % or its related term are showing as below:
TKCBF'
s Gross Margin % Range Over the Past 10 Years
Min: 18.66 Med: 26.49 Max: 42.96
Current: 24.68
During the past 13 years, the highestGross Margin % of Tokai Carbon Co was 42.96%. The lowest was 18.66%. And the median was 26.49%.
TKCBF's Gross Margin % is ranked better than 53.23% of 1565
companies
in the Chemicals industry
Industry Median: 23.38
vs TKCBF: 24.68
Tokai Carbon Co had a gross margin of 23.06% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Tokai Carbon Co was -1.50% per year.
Tokai Carbon Co (OTCPK:TKCBF) 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
Tokai Carbon Co had a gross margin of 23.06% 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.
Tokai Carbon Co Gross Margin % Related Terms
Tokai Carbon Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Tokai Carbon 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 Specialty Chemicals subindustry, Tokai Carbon 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.
Tokai Carbon Co Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tokai Carbon Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Tokai Carbon 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.
Tokai Carbon Co (TKCBF) has a Gross Margin % of 23.06% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Tokai Carbon Co and its competitors. This is 13% below median its historical median of 26.49. Over the past decade, Tokai Carbon Co's Gross Margin % has ranged from 18.66 to 42.96. According to the industry distribution chart, Tokai Carbon Co ranks #732 out of 1565 companies in the Chemicals industry, placing it in the top 46.8%.
Is Tokai Carbon Co's Gross Margin % too high?
Tokai Carbon Co's current Gross Margin % of 23.06% is 13% below median its 10-year median of 26.49. Over the past 10 years, this metric has ranged from a low of 18.66 to a high of 42.96. The Chemicals industry median Gross Margin % is 23.38. Tokai Carbon Co's value of 23.06% is 1.4% below this industry median. Based on the distribution chart, Tokai Carbon Co ranks #732 out of 1565 companies in the Chemicals industry, which is above the industry midpoint. Overall, Tokai Carbon Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Carbon Co's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tokai Carbon Co ranks #732 out of 1565 companies for Gross Margin %. This puts Tokai Carbon Co in the upper half of its industry. The industry median Gross Margin % is 23.38. Tokai Carbon Co's value of 23.06% is 1.4% below this benchmark. Historically, Tokai Carbon Co's own Gross Margin % has ranged from 18.66 to 42.96 over the past decade. While the company's 10-year median is 26.49 vs. the industry median of 23.38, Tokai Carbon 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.38, based on 1,565 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. Tokai Carbon Co's current Gross Margin % of 23.06% is 1.4% 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 Tokai Carbon Co and its competitors. For the Chemicals industry, the median Gross Margin % is 23.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Carbon Co's current Gross Margin % is 23.06%, which is 13% below median its own 10-year median of 26.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Carbon Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Carbon Co (TKCBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.27, compared to a current price of $11.08 — trading 76.7% above its estimated fair value. The current Gross Margin % is 23.06%, which is 13% below median its 10-year median of 26.49 and 1.4% below the Chemicals industry median of 23.38. Tokai Carbon Co's overall GF Score™ is 76/100 with 10 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 Tokai Carbon Co (TKCBF), the current Gross Margin % is 23.06% 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 Tokai Carbon Co (TKCBF) Overvalued in 2026?
Based on GuruFocus' analysis, Tokai Carbon Co stock appears to be overvalued.
The current stock price of $11.08 is trading 76.7% above its estimated GF Value™ of $6.27.
GuruFocus considers Tokai Carbon Co to be Significantly Overvalued.
Key valuation signals for TKCBF:
Gross Margin %: 23.06% (13% below median its 10-year median of 26.49)
GF Value™: $6.27 vs. price of $11.08 (76.7% above fair value)
Industry Position: 1.4% below the Chemicals median (#732 of 1565)
No single metric tells the full story. See the TKCBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.
76GF Score
Get the complete analysis for TKCBF
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TKCBF has been successfully added to your 
