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West HoldingsTSE:1407 +1.30%77 Gross Margin % is 33.16% as of Feb. 2026, which is 27% above its 10-year median of 26.14. GuruFocus rates TSE:1407 with a GF Score™ of 77/100 and a GF Value™ of 円2,487.85 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 404 Utilities - Independent Power Producers companies, West Holdings ranks better than 52.23% on this metric.
The historical rank and industry rank for West Holdings's Gross Margin % or its related term are showing as below:
TSE:1407'
s Gross Margin % Range Over the Past 10 Years
Min: 19.54 Med: 26.14 Max: 36.76
Current: 33.92
During the past 13 years, the highestGross Margin % of West Holdings was 36.76%. The lowest was 19.54%. And the median was 26.14%.
TSE:1407's Gross Margin % is ranked better than 52.23% of 404
companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.32
vs TSE:1407: 33.92
West Holdings had a gross margin of 33.16% for the quarter that ended in Feb. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for West Holdings was 11.90% per year.
West Holdings (TSE:1407) 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
West Holdings had a gross margin of 33.16% 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.
West Holdings Gross Margin % Related Terms
West Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for West Holdings'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.
West Holdings Gross Margin % Competitor Comparison
For the Utilities - Renewable subindustry, West Holdings'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.
West Holdings Gross Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, West Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where West Holdings'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.
West Holdings (TSE:1407) has a Gross Margin % of 33.16% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on West Holdings and its competitors. This is 27% above median its historical median of 26.14. Over the past decade, West Holdings' Gross Margin % has ranged from 19.54 to 36.76. According to the industry distribution chart, West Holdings ranks #193 out of 404 companies in the Utilities - Independent Power Producers industry, placing it in the top 47.8%.
Is West Holdings' Gross Margin % too high?
West Holdings' current Gross Margin % of 33.16% is 27% above median its 10-year median of 26.14. Over the past 10 years, this metric has ranged from a low of 19.54 to a high of 36.76. The Utilities - Independent Power Producers industry median Gross Margin % is 31.32. West Holdings' value of 33.16% is 5.9% above this industry median. Based on the distribution chart, West Holdings ranks #193 out of 404 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, West Holdings has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West Holdings' Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, West Holdings ranks #193 out of 404 companies for Gross Margin %. This puts West Holdings in the upper half of its industry. The industry median Gross Margin % is 31.32. West Holdings' value of 33.16% is 5.9% above this benchmark. Historically, West Holdings' own Gross Margin % has ranged from 19.54 to 36.76 over the past decade. While the company's 10-year median is 26.14 vs. the industry median of 31.32, West Holdings has consistently been above 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 an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.32, based on 404 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. West Holdings's current Gross Margin % of 33.16% is 5.9% above 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 West Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Holdings's current Gross Margin % is 33.16%, which is 27% above median its own 10-year median of 26.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Holdings stock overvalued right now?
Based on GuruFocus' analysis, West Holdings (TSE:1407) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,487.85, compared to a current price of 円2,179.00 — trading 12.4% below its estimated fair value. The current Gross Margin % is 33.16%, which is 27% above median its 10-year median of 26.14 and 5.9% above the Utilities - Independent Power Producers industry median of 31.32. West Holdings' overall GF Score™ is 77/100 with 5 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 West Holdings (TSE:1407), the current Gross Margin % is 33.16% 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 West Holdings (TSE:1407) Overvalued in 2026?
Based on GuruFocus' analysis, West Holdings stock appears to be undervalued.
The current stock price of 円2,179.00 is trading 12.4% below its estimated GF Value™ of 円2,487.85.
GuruFocus considers West Holdings to be Modestly Undervalued.
Key valuation signals for TSE:1407:
Gross Margin %: 33.16% (27% above median its 10-year median of 26.14)
GF Value™: 円2,487.85 vs. price of 円2,179.00 (12.4% below fair value)
Industry Position: 5.9% above the Utilities - Independent Power Producers median (#193 of 404)
No single metric tells the full story. See the TSE:1407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
West Holdings Corp is engaged in the solar power generation. The company generates solar power for municipalities, residential and industrial use. Its business activities are divided into different divisions including Stadtberg business, Solar power generation for municipalities, special high-pressure solar power generation, Industrial solar power generation, Residential solar power generation, O & M (operation and management), Sales of electricity and Esco Business. Stadtberg division provides consulting and operation support for infrastructure services centered on renewable energy. O & M division monitors the photovoltaic power plant and maintains the maximum amount of power generation. Its Esco division provides various energy-saving measures.
77GF Score
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