Nippon Aqua Co (TSE:1429) Gross Margin %: 25.01% (As of Dec. 2025) — Near Median

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TSE:1429 Nippon Aqua Co Ltd TSE:1429
73 GF Score
Price 円749.00
GF Value 円1,075.86
Valuation Significantly Undervalued
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What is Nippon Aqua Co Gross Margin %?

Nippon Aqua Co TSE:1429 +0.94% 73 Gross Margin % is 25.01% as of Dec. 2025, which is 7% above its 10-year median of 23.42. GuruFocus rates TSE:1429 with a GF Score™ of 73/100 and a GF Value™ of 円1,075.86 (Significantly Undervalued). Among 1,725 Construction companies, Nippon Aqua Co ranks better than 55.13% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Nippon Aqua Co's Gross Profit for the three months ended in Dec. 2025 was 円2,347 Mil. Nippon Aqua Co's Revenue for the three months ended in Dec. 2025 was 円9,382 Mil. Therefore, Nippon Aqua Co's Gross Margin % for the quarter that ended in Dec. 2025 was 25.01%.


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

TSE:1429' s Gross Margin % Range Over the Past 10 Years
Min: 19.83   Med: 23.42   Max: 25.8
Current: 23.32


During the past 13 years, the highest Gross Margin % of Nippon Aqua Co was 25.80%. The lowest was 19.83%. And the median was 23.42%.

TSE:1429's Gross Margin % is ranked better than
55.13% of 1725 companies
in the Construction industry
Industry Median: 20.7 vs TSE:1429: 23.32

Nippon Aqua Co had a gross margin of 25.01% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Nippon Aqua Co was 0.60% per year.


Nippon Aqua Co  (TSE:1429) 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

Nippon Aqua Co had a gross margin of 25.01% 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.


Nippon Aqua Co Gross Margin % Related Terms


Nippon Aqua Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nippon Aqua 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.

Nippon Aqua Co Gross Margin % Chart

Nippon Aqua Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.83 22.54 24.43 22.67 22.98

Nippon Aqua Co 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 21.78 21.91 22.87 25.01 23.29

TSE:1429 vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Nippon Aqua 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.


Nippon Aqua Co Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Nippon Aqua Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nippon Aqua Co's Gross Margin % falls into.


TSE:1429
73GF Score
Nippon Aqua Co Ltd TSE:1429
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Aqua Co Gross Margin % Calculation

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

Nippon Aqua Co's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=7738.5 / 33670.846
=(Revenue - Cost of Goods Sold) / Revenue
=(33670.846 - 25932.324) / 33670.846
=22.98 %

Nippon Aqua Co's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=2346.7 / 9382.107
=(Revenue - Cost of Goods Sold) / Revenue
=(9382.107 - 7035.432) / 9382.107
=25.01 %

* 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 25.01% mean?
Nippon Aqua Co (TSE:1429) has a Gross Margin % of 25.01% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Nippon Aqua Co and its competitors. This is near median its historical median of 23.42. Over the past decade, Nippon Aqua Co's Gross Margin % has ranged from 19.83 to 25.80. According to the industry distribution chart, Nippon Aqua Co ranks #774 out of 1725 companies in the Construction industry, placing it in the top 44.9%.
Is Nippon Aqua Co's Gross Margin % too high?
Nippon Aqua Co's current Gross Margin % of 25.01% is near median its 10-year median of 23.42. Over the past 10 years, this metric has ranged from a low of 19.83 to a high of 25.80. The Construction industry median Gross Margin % is 20.70. Nippon Aqua Co's value of 25.01% is 20.8% above this industry median. Based on the distribution chart, Nippon Aqua Co ranks #774 out of 1725 companies in the Construction industry, which is above the industry midpoint. Overall, Nippon Aqua Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Aqua Co's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Nippon Aqua Co ranks #774 out of 1725 companies for Gross Margin %. This puts Nippon Aqua Co in the upper half of its industry. The industry median Gross Margin % is 20.70. Nippon Aqua Co's value of 25.01% is 20.8% above this benchmark. Historically, Nippon Aqua Co's own Gross Margin % has ranged from 19.83 to 25.80 over the past decade. While the company's 10-year median is 23.42 vs. the industry median of 20.70, Nippon Aqua Co 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 a Construction company?
The median Gross Margin % among Construction companies is 20.70, based on 1,725 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. Nippon Aqua Co's current Gross Margin % of 25.01% is 20.8% 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 Nippon Aqua Co and its competitors. For the Construction industry, the median Gross Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Aqua Co's current Gross Margin % is 25.01%, which is near median its own 10-year median of 23.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Aqua Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Aqua Co (TSE:1429) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,075.86, compared to a current price of 円749.00 — trading 30.4% below its estimated fair value. The current Gross Margin % is 25.01%, which is near median its 10-year median of 23.42 and 20.8% above the Construction industry median of 20.70. Nippon Aqua Co's overall GF Score™ is 73/100. 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 Nippon Aqua Co (TSE:1429), the current Gross Margin % is 25.01% 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 Nippon Aqua Co (TSE:1429) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Aqua Co stock appears to be undervalued. The current stock price of 円749.00 is trading 30.4% below its estimated GF Value™ of 円1,075.86. GuruFocus considers Nippon Aqua Co to be Significantly Undervalued.

Key valuation signals for TSE:1429:

  • Gross Margin %: 25.01% (near median its 10-year median of 23.42)
  • GF Value™: 円1,075.86 vs. price of 円749.00 (30.4% below fair value)
  • GF Score™: 73/100
  • Industry Position: 20.8% above the Construction median (#774 of 1725)

No single metric tells the full story. See the TSE:1429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Aqua Co Business Description

Address 2-16-2 Konan, Minato-ku, Tokyo, JPN, 222-0033
Nippon Aqua Co Ltd is engaged in the development, sales, and installation of rigid polyurethane foam (Note) and waterproofing materials (polyurea). The company also provides a comprehensive service from the procurement, manufacturing, and sales of raw materials according to its specifications, to insulation design, sales of related materials such as heat-shielding materials, and on-site installation. Its business consists of a single business: thermal insulation construction and related services.
73GF Score

Get the complete analysis for TSE:1429

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

円749.00
Price
円1,075.86
GF Value