Tsuchiya Holdings Co (TSE:1840) Gross Margin %: 20.81% (As of Apr. 2026) — 21% Below Median

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TSE:1840 Tsuchiya Holdings Co Ltd TSE:1840
57 GF Score
Price 円243.00
GF Value 円219.96
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Tsuchiya Holdings Co Gross Margin %?

Tsuchiya Holdings Co TSE:1840 +0.83% 57 Gross Margin % is 20.81% as of Apr. 2026, which is 21% below its 10-year median of 26.18. GuruFocus rates TSE:1840 with a GF Score™ of 57/100 and a GF Value™ of 円219.96 (Fairly Valued). The stock has 6 warning signs investors should review. Among 90 Homebuilding & Construction companies, Tsuchiya Holdings Co ranks better than 66.67% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tsuchiya Holdings Co's Gross Profit for the three months ended in Apr. 2026 was 円1,562 Mil. Tsuchiya Holdings Co's Revenue for the three months ended in Apr. 2026 was 円7,505 Mil. Therefore, Tsuchiya Holdings Co's Gross Margin % for the quarter that ended in Apr. 2026 was 20.81%.


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

TSE:1840' s Gross Margin % Range Over the Past 10 Years
Min: 23.6   Med: 26.18   Max: 30.19
Current: 23.6


During the past 13 years, the highest Gross Margin % of Tsuchiya Holdings Co was 30.19%. The lowest was 23.60%. And the median was 26.18%.

TSE:1840's Gross Margin % is ranked better than
66.67% of 90 companies
in the Homebuilding & Construction industry
Industry Median: 21.34 vs TSE:1840: 23.60

Tsuchiya Holdings Co had a gross margin of 20.81% for the quarter that ended in Apr. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tsuchiya Holdings Co was -0.50% per year.


Tsuchiya Holdings Co  (TSE:1840) 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

Tsuchiya Holdings Co had a gross margin of 20.81% for the quarter that ended in Apr. 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.


Tsuchiya Holdings Co Gross Margin % Related Terms


Tsuchiya Holdings Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tsuchiya 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.

Tsuchiya Holdings Co Gross Margin % Chart

Tsuchiya Holdings Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.50 25.52 25.71 26.14 25.84

Tsuchiya Holdings Co Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 28.72 25.05 19.37 20.81

TSE:1840 vs DHI, PHM, LEN: Gross Margin % Comparison

For the Residential Construction subindustry, Tsuchiya 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.


Tsuchiya Holdings Co Gross Margin % vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Tsuchiya Holdings Co's Gross Margin % distribution charts can be found below:

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


TSE:1840
57GF Score
Tsuchiya Holdings Co Ltd TSE:1840
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsuchiya Holdings Co Gross Margin % Calculation

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

Tsuchiya Holdings Co's Gross Margin for the fiscal year that ended in Oct. 2025 is calculated as

Gross Margin % (A: Oct. 2025 )=Gross Profit (A: Oct. 2025 ) / Revenue (A: Oct. 2025 )
=8127 / 31456.837
=(Revenue - Cost of Goods Sold) / Revenue
=(31456.837 - 23329.881) / 31456.837
=25.84 %

Tsuchiya Holdings Co's Gross Margin for the quarter that ended in Apr. 2026 is calculated as


Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=1561.6 / 7504.561
=(Revenue - Cost of Goods Sold) / Revenue
=(7504.561 - 5942.988) / 7504.561
=20.81 %

* 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 20.81% mean?
Tsuchiya Holdings Co (TSE:1840) has a Gross Margin % of 20.81% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tsuchiya Holdings Co and its competitors. This is 21% below median its historical median of 26.18. Over the past decade, Tsuchiya Holdings Co's Gross Margin % has ranged from 23.60 to 30.19. According to the industry distribution chart, Tsuchiya Holdings Co ranks #30 out of 90 companies in the Homebuilding & Construction industry, placing it in the top 33.3%.
Is Tsuchiya Holdings Co's Gross Margin % too high?
Tsuchiya Holdings Co's current Gross Margin % of 20.81% is 21% below median its 10-year median of 26.18. Over the past 10 years, this metric has ranged from a low of 23.60 to a high of 30.19. The Homebuilding & Construction industry median Gross Margin % is 21.34. Tsuchiya Holdings Co's value of 20.81% is 2.5% below this industry median. Based on the distribution chart, Tsuchiya Holdings Co ranks #30 out of 90 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, Tsuchiya Holdings Co has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tsuchiya Holdings Co's Gross Margin % compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Tsuchiya Holdings Co ranks #30 out of 90 companies for Gross Margin %. This puts Tsuchiya Holdings Co in the upper half of its industry. The industry median Gross Margin % is 21.34. Tsuchiya Holdings Co's value of 20.81% is 2.5% below this benchmark. Historically, Tsuchiya Holdings Co's own Gross Margin % has ranged from 23.60 to 30.19 over the past decade. While the company's 10-year median is 26.18 vs. the industry median of 21.34, Tsuchiya 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 Homebuilding & Construction company?
The median Gross Margin % among Homebuilding & Construction companies is 21.34, based on 90 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. Tsuchiya Holdings Co's current Gross Margin % of 20.81% is 2.5% 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 Tsuchiya Holdings Co and its competitors. For the Homebuilding & Construction industry, the median Gross Margin % is 21.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsuchiya Holdings Co's current Gross Margin % is 20.81%, which is 21% below median its own 10-year median of 26.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsuchiya Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Tsuchiya Holdings Co (TSE:1840) is currently considered Fairly Valued. The stock's GF Value™ is 円219.96, compared to a current price of 円243.00 — trading 10.5% above its estimated fair value. The current Gross Margin % is 20.81%, which is 21% below median its 10-year median of 26.18 and 2.5% below the Homebuilding & Construction industry median of 21.34. Tsuchiya Holdings Co's overall GF Score™ is 57/100 with 6 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 Tsuchiya Holdings Co (TSE:1840), the current Gross Margin % is 20.81% as of Apr. 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 Tsuchiya Holdings Co (TSE:1840) Overvalued in 2026?

Based on GuruFocus' analysis, Tsuchiya Holdings Co stock appears to be overvalued. The current stock price of 円243.00 is trading 10.5% above its estimated GF Value™ of 円219.96. GuruFocus considers Tsuchiya Holdings Co to be Fairly Valued.

Key valuation signals for TSE:1840:

  • Gross Margin %: 20.81% (21% below median its 10-year median of 26.18)
  • GF Value™: 円219.96 vs. price of 円243.00 (10.5% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 2.5% below the Homebuilding & Construction median (#30 of 90)

No single metric tells the full story. See the TSE:1840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsuchiya Holdings Co Business Description

Address 3-7 Nishi Kita-kujo, Kita-ku, Sapporo, JPN, 060-0809
Tsuchiya Holdings Co Ltd is a Japan-based construction company. The company is mainly engaged in the design and construction of custom homes, expansion and remodeling business, real estate sales business, and renovation business. Other services offered by the company include property management for owners, support for building elderly facilities, vacant house and land management services.
57GF Score

Get the complete analysis for TSE:1840

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

円243.00
Price
円219.96
GF Value