Taihei Dengyo Kaisha (TSE:1968) Gross Margin %: 18.05% (As of Mar. 2026) — 18% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:1968 Taihei Dengyo Kaisha Ltd TSE:1968
77 GF Score
Price 円2,467.00
GF Value 円1,744.21
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Taihei Dengyo Kaisha Gross Margin %?

Taihei Dengyo Kaisha TSE:1968 -0.16% 77 Gross Margin % is 18.05% as of Mar. 2026, which is 18% above its 10-year median of 15.25. GuruFocus rates TSE:1968 with a GF Score™ of 77/100 and a GF Value™ of 円1,744.21 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,722 Construction companies, Taihei Dengyo Kaisha ranks worse than 56.68% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Taihei Dengyo Kaisha's Gross Profit for the three months ended in Mar. 2026 was 円6,924 Mil. Taihei Dengyo Kaisha's Revenue for the three months ended in Mar. 2026 was 円38,355 Mil. Therefore, Taihei Dengyo Kaisha's Gross Margin % for the quarter that ended in Mar. 2026 was 18.05%.


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

TSE:1968' s Gross Margin % Range Over the Past 10 Years
Min: 11.07   Med: 15.25   Max: 19.46
Current: 18.05


During the past 13 years, the highest Gross Margin % of Taihei Dengyo Kaisha was 19.46%. The lowest was 11.07%. And the median was 15.25%.

TSE:1968's Gross Margin % is ranked worse than
56.68% of 1722 companies
in the Construction industry
Industry Median: 20.7 vs TSE:1968: 18.05

Taihei Dengyo Kaisha had a gross margin of 18.05% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Taihei Dengyo Kaisha was 6.60% per year.


Taihei Dengyo Kaisha  (TSE:1968) 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

Taihei Dengyo Kaisha had a gross margin of 18.05% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


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.


Taihei Dengyo Kaisha Gross Margin % Related Terms


Taihei Dengyo Kaisha Gross Margin % Historical Data

* Premium members only.

The historical data trend for Taihei Dengyo Kaisha'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.

Taihei Dengyo Kaisha Gross Margin % Chart

Taihei Dengyo Kaisha 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 15.15 19.46 15.34 18.58 18.05

Taihei Dengyo Kaisha 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 17.17 14.98 16.83 21.38 18.05

TSE:1968 vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Taihei Dengyo Kaisha'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.


Taihei Dengyo Kaisha Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Taihei Dengyo Kaisha's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Taihei Dengyo Kaisha's Gross Margin % falls into.


TSE:1968
77GF Score
Taihei Dengyo Kaisha Ltd TSE:1968
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taihei Dengyo Kaisha Gross Margin % Calculation

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

Taihei Dengyo Kaisha'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 )
=25572 / 141657
=(Revenue - Cost of Goods Sold) / Revenue
=(141657 - 116085) / 141657
=18.05 %

Taihei Dengyo Kaisha'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 )
=6924 / 38355
=(Revenue - Cost of Goods Sold) / Revenue
=(38355 - 31431) / 38355
=18.05 %

* 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 18.05% mean?
Taihei Dengyo Kaisha (TSE:1968) has a Gross Margin % of 18.05% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Taihei Dengyo Kaisha and its competitors. This is 18% above median its historical median of 15.25. Over the past decade, Taihei Dengyo Kaisha's Gross Margin % has ranged from 11.07 to 19.46. According to the industry distribution chart, Taihei Dengyo Kaisha ranks #976 out of 1722 companies in the Construction industry, placing it in the top 56.7%.
Is Taihei Dengyo Kaisha's Gross Margin % too high?
Taihei Dengyo Kaisha's current Gross Margin % of 18.05% is 18% above median its 10-year median of 15.25. Over the past 10 years, this metric has ranged from a low of 11.07 to a high of 19.46. The Construction industry median Gross Margin % is 20.70. Taihei Dengyo Kaisha's value of 18.05% is 12.8% below this industry median. Based on the distribution chart, Taihei Dengyo Kaisha ranks #976 out of 1722 companies in the Construction industry, which is below the industry midpoint. Overall, Taihei Dengyo Kaisha has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taihei Dengyo Kaisha's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Taihei Dengyo Kaisha ranks #976 out of 1722 companies for Gross Margin %. This places Taihei Dengyo Kaisha in the lower half of its industry. The industry median Gross Margin % is 20.70. Taihei Dengyo Kaisha's value of 18.05% is 12.8% below this benchmark. Historically, Taihei Dengyo Kaisha's own Gross Margin % has ranged from 11.07 to 19.46 over the past decade. While the company's 10-year median is 15.25 vs. the industry median of 20.70, Taihei Dengyo Kaisha 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 Construction company?
The median Gross Margin % among Construction companies is 20.70, based on 1,722 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. Taihei Dengyo Kaisha's current Gross Margin % of 18.05% is 12.8% 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 Taihei Dengyo Kaisha 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. Taihei Dengyo Kaisha's current Gross Margin % is 18.05%, which is 18% above median its own 10-year median of 15.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taihei Dengyo Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Taihei Dengyo Kaisha (TSE:1968) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,744.21, compared to a current price of 円2,467.00 — trading 41.4% above its estimated fair value. The current Gross Margin % is 18.05%, which is 18% above median its 10-year median of 15.25 and 12.8% below the Construction industry median of 20.70. Taihei Dengyo Kaisha's overall GF Score™ is 77/100 with 2 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 Taihei Dengyo Kaisha (TSE:1968), the current Gross Margin % is 18.05% 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 Taihei Dengyo Kaisha (TSE:1968) Overvalued in 2026?

Based on GuruFocus' analysis, Taihei Dengyo Kaisha stock appears to be overvalued. The current stock price of 円2,467.00 is trading 41.4% above its estimated GF Value™ of 円1,744.21. GuruFocus considers Taihei Dengyo Kaisha to be Significantly Overvalued.

Key valuation signals for TSE:1968:

  • Gross Margin %: 18.05% (18% above median its 10-year median of 15.25)
  • GF Value™: 円1,744.21 vs. price of 円2,467.00 (41.4% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 12.8% below the Construction median (#976 of 1722)

No single metric tells the full story. See the TSE:1968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taihei Dengyo Kaisha Business Description

Address 2-4, Kanda, Jimbo-cho, Chiyoda-ku, Tokyo, JPN, 101-8416
Taihei Dengyo Kaisha Ltd is a Japan-based company mainly engaged in the construction business. It is involved in the construction and maintenance of thermal, nuclear, gas-turbine, and diesel engine power plants, steel mill, petrochemical, sugar refining, cement and other industrial plants as well as dioxin and sludge treatment. Additionally, the company also design, manufacture, install and maintain the various electrical system, sub-station, control system, optical fiber communication system, air conditioning and utility sanitary system. Further, it also creates, procures and fabricates machined products such as tanks, piping, electrical and control panels.
77GF Score

Get the complete analysis for TSE:1968

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

円2,467.00
Price
円1,744.21
GF Value