Kyowanissei Co (TSE:1981) Gross Margin %: 9.04% (As of Mar. 2026) — 11% Below Median


TSE:1981 Kyowanissei Co Ltd TSE:1981
62 GF Score
Price 円1,310.00
GF Value 円1,645.78
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Kyowanissei Co Gross Margin %?

Kyowanissei Co TSE:1981 +0.08% 62 Gross Margin % is 9.04% as of Mar. 2026, which is 11% below its 10-year median of 10.19. GuruFocus rates TSE:1981 with a GF Score™ of 62/100 and a GF Value™ of 円1,645.78 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,719 Construction companies, Kyowanissei Co ranks worse than 82.66% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Kyowanissei Co's Gross Profit for the six months ended in Mar. 2026 was 円1,864 Mil. Kyowanissei Co's Revenue for the six months ended in Mar. 2026 was 円20,615 Mil. Therefore, Kyowanissei Co's Gross Margin % for the quarter that ended in Mar. 2026 was 9.04%.

Warning Sign:

Kyowanissei Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.6%.


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

TSE:1981' s Gross Margin % Range Over the Past 10 Years
Min: 9.11   Med: 10.19   Max: 11.42
Current: 9.11


During the past 13 years, the highest Gross Margin % of Kyowanissei Co was 11.42%. The lowest was 9.11%. And the median was 10.19%.

TSE:1981's Gross Margin % is ranked worse than
82.66% of 1719 companies
in the Construction industry
Industry Median: 20.71 vs TSE:1981: 9.11

Kyowanissei Co had a gross margin of 9.04% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kyowanissei Co was -3.60% per year.


Kyowanissei Co  (TSE:1981) 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

Kyowanissei Co had a gross margin of 9.04% 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.


Kyowanissei Co Gross Margin % Related Terms


Kyowanissei Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Kyowanissei 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.

Kyowanissei Co Gross Margin % Chart

Kyowanissei Co 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 10.38 10.15 10.22 9.87 9.11

Kyowanissei Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 10.80 7.94 11.39 9.18 9.04

TSE:1981 vs TT, JCI, CARR: Gross Margin % Comparison

For the Building Products & Equipment subindustry, Kyowanissei 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.


Kyowanissei Co Gross Margin % vs Construction Industry

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

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


TSE:1981
62GF Score
Kyowanissei Co Ltd TSE:1981
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kyowanissei Co Gross Margin % Calculation

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

Kyowanissei Co'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 )
=3586.9 / 39384.999
=(Revenue - Cost of Goods Sold) / Revenue
=(39384.999 - 35798.138) / 39384.999
=9.11 %

Kyowanissei Co'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 )
=1864.5 / 20615.28
=(Revenue - Cost of Goods Sold) / Revenue
=(20615.28 - 18750.784) / 20615.28
=9.04 %

* 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 9.04% mean?
Kyowanissei Co (TSE:1981) has a Gross Margin % of 9.04% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kyowanissei Co and its competitors. This is 11% below median its historical median of 10.19. Over the past decade, Kyowanissei Co's Gross Margin % has ranged from 9.11 to 11.42. According to the industry distribution chart, Kyowanissei Co ranks #1421 out of 1719 companies in the Construction industry, placing it in the top 82.7%.
Is Kyowanissei Co's Gross Margin % too high?
Kyowanissei Co's current Gross Margin % of 9.04% is 11% below median its 10-year median of 10.19. Over the past 10 years, this metric has ranged from a low of 9.11 to a high of 11.42. The Construction industry median Gross Margin % is 20.71. Kyowanissei Co's value of 9.04% is 56.3% below this industry median. Based on the distribution chart, Kyowanissei Co ranks #1421 out of 1719 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Kyowanissei Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kyowanissei Co's Gross Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Kyowanissei Co ranks #1421 out of 1719 companies for Gross Margin %. This places Kyowanissei Co in the lower half of its industry. The industry median Gross Margin % is 20.71. Kyowanissei Co's value of 9.04% is 56.3% below this benchmark. Historically, Kyowanissei Co's own Gross Margin % has ranged from 9.11 to 11.42 over the past decade. While the company's 10-year median is 10.19 vs. the industry median of 20.71, Kyowanissei 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 Construction company?
The median Gross Margin % among Construction companies is 20.71, based on 1,719 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. Kyowanissei Co's current Gross Margin % of 9.04% is 56.3% 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 Kyowanissei Co and its competitors. For the Construction industry, the median Gross Margin % is 20.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyowanissei Co's current Gross Margin % is 9.04%, which is 11% below median its own 10-year median of 10.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyowanissei Co stock overvalued right now?
Based on GuruFocus' analysis, Kyowanissei Co (TSE:1981) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,645.78, compared to a current price of 円1,310.00 — trading 20.4% below its estimated fair value. The current Gross Margin % is 9.04%, which is 11% below median its 10-year median of 10.19 and 56.3% below the Construction industry median of 20.71. Kyowanissei Co's overall GF Score™ is 62/100 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 Kyowanissei Co (TSE:1981), the current Gross Margin % is 9.04% 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 Kyowanissei Co (TSE:1981) Overvalued in 2026?

Based on GuruFocus' analysis, Kyowanissei Co stock appears to be undervalued. The current stock price of 円1,310.00 is trading 20.4% below its estimated GF Value™ of 円1,645.78. GuruFocus considers Kyowanissei Co to be Modestly Undervalued.

Key valuation signals for TSE:1981:

  • Gross Margin %: 9.04% (11% below median its 10-year median of 10.19)
  • GF Value™: 円1,645.78 vs. price of 円1,310.00 (20.4% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 56.3% below the Construction median (#1421 of 1719)

No single metric tells the full story. See the TSE:1981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kyowanissei Co Business Description

Address 3-8-5, Irifune Chuo-Ku, Tokyo, JPN, 104-0042
Kyowanissei Co Ltd is engaged in the construction business in Japan. It constructs gas facilities & apartment buildings & plant facilities It also provides maintenance, repair & installation services for sanitary equipment & air conditioning equipment. Its gasworks includes interior and underground piping work; construction and facility work include construction work, water supply, and drainage work, the air-conditioning system work and interior finishing work; electrical facility and civil engineering work include underground burial of electric cables work, engineering work, as well as water and sewerage work. Its segments include: Construction facilities business; Gas equipment business; Gas pipeline business; and Electrical installation/civil engineering business.
62GF Score

Get the complete analysis for TSE:1981

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

円1,310.00
Price
円1,645.78
GF Value