Ensuiko Sugar Refining Co (TSE:2112) Gross Margin %: 19.58% (As of Mar. 2026) — Near Median

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TSE:2112 Ensuiko Sugar Refining Co Ltd TSE:2112
64 GF Score
Price 円464.00
GF Value 円328.44
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Ensuiko Sugar Refining Co Gross Margin %?

Ensuiko Sugar Refining Co TSE:2112 -0.64% 64 Gross Margin % is 19.58% as of Mar. 2026, which is 6% above its 10-year median of 18.45. GuruFocus rates TSE:2112 with a GF Score™ of 64/100 and a GF Value™ of 円328.44 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,922 Consumer Packaged Goods companies, Ensuiko Sugar Refining Co ranks worse than 63.63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ensuiko Sugar Refining Co's Gross Profit for the three months ended in Mar. 2026 was 円1,517 Mil. Ensuiko Sugar Refining Co's Revenue for the three months ended in Mar. 2026 was 円7,748 Mil. Therefore, Ensuiko Sugar Refining Co's Gross Margin % for the quarter that ended in Mar. 2026 was 19.58%.


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

TSE:2112' s Gross Margin % Range Over the Past 10 Years
Min: 12.86   Med: 18.45   Max: 20.56
Current: 20.29


During the past 13 years, the highest Gross Margin % of Ensuiko Sugar Refining Co was 20.56%. The lowest was 12.86%. And the median was 18.45%.

TSE:2112's Gross Margin % is ranked worse than
63.63% of 1922 companies
in the Consumer Packaged Goods industry
Industry Median: 26.26 vs TSE:2112: 20.29

Ensuiko Sugar Refining Co had a gross margin of 19.58% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ensuiko Sugar Refining Co was 2.00% per year.


Ensuiko Sugar Refining Co  (TSE:2112) 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

Ensuiko Sugar Refining Co had a gross margin of 19.58% 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.


Ensuiko Sugar Refining Co Gross Margin % Related Terms


Ensuiko Sugar Refining Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ensuiko Sugar Refining 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.

Ensuiko Sugar Refining Co Gross Margin % Chart

Ensuiko Sugar Refining 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 15.08 12.86 14.73 19.03 19.74

Ensuiko Sugar Refining Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 17.84 20.13 21.47 19.58 19.91

TSE:2112 vs MDLZ, HSY, TR: Gross Margin % Comparison

For the Confectioners subindustry, Ensuiko Sugar Refining 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.


Ensuiko Sugar Refining Co Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ensuiko Sugar Refining Co's Gross Margin % distribution charts can be found below:

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


TSE:2112
64GF Score
Ensuiko Sugar Refining Co Ltd TSE:2112
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ensuiko Sugar Refining Co Gross Margin % Calculation

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

Ensuiko Sugar Refining 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 )
=6510 / 32982
=(Revenue - Cost of Goods Sold) / Revenue
=(32982 - 26472) / 32982
=19.74 %

Ensuiko Sugar Refining 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 )
=1517 / 7748
=(Revenue - Cost of Goods Sold) / Revenue
=(7748 - 6231) / 7748
=19.58 %

* 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 19.58% mean?
Ensuiko Sugar Refining Co (TSE:2112) has a Gross Margin % of 19.58% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ensuiko Sugar Refining Co and its competitors. This is near median its historical median of 18.45. Over the past decade, Ensuiko Sugar Refining Co's Gross Margin % has ranged from 12.86 to 20.56. According to the industry distribution chart, Ensuiko Sugar Refining Co ranks #1223 out of 1922 companies in the Consumer Packaged Goods industry, placing it in the top 63.6%.
Is Ensuiko Sugar Refining Co's Gross Margin % too high?
Ensuiko Sugar Refining Co's current Gross Margin % of 19.58% is near median its 10-year median of 18.45. Over the past 10 years, this metric has ranged from a low of 12.86 to a high of 20.56. The Consumer Packaged Goods industry median Gross Margin % is 26.26. Ensuiko Sugar Refining Co's value of 19.58% is 25.4% below this industry median. Based on the distribution chart, Ensuiko Sugar Refining Co ranks #1223 out of 1922 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Ensuiko Sugar Refining Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ensuiko Sugar Refining Co's Gross Margin % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Ensuiko Sugar Refining Co ranks #1223 out of 1922 companies for Gross Margin %. This places Ensuiko Sugar Refining Co in the lower half of its industry. The industry median Gross Margin % is 26.26. Ensuiko Sugar Refining Co's value of 19.58% is 25.4% below this benchmark. Historically, Ensuiko Sugar Refining Co's own Gross Margin % has ranged from 12.86 to 20.56 over the past decade. While the company's 10-year median is 18.45 vs. the industry median of 26.26, Ensuiko Sugar Refining 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.26, based on 1,922 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. Ensuiko Sugar Refining Co's current Gross Margin % of 19.58% is 25.4% 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 Ensuiko Sugar Refining Co and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ensuiko Sugar Refining Co's current Gross Margin % is 19.58%, which is near median its own 10-year median of 18.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensuiko Sugar Refining Co stock overvalued right now?
Based on GuruFocus' analysis, Ensuiko Sugar Refining Co (TSE:2112) is currently considered Significantly Overvalued. The stock's GF Value™ is 円328.44, compared to a current price of 円464.00 — trading 41.3% above its estimated fair value. The current Gross Margin % is 19.58%, which is near median its 10-year median of 18.45 and 25.4% below the Consumer Packaged Goods industry median of 26.26. Ensuiko Sugar Refining Co's overall GF Score™ is 64/100 with 1 warning sign 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 Ensuiko Sugar Refining Co (TSE:2112), the current Gross Margin % is 19.58% 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 Ensuiko Sugar Refining Co (TSE:2112) Overvalued in 2026?

Based on GuruFocus' analysis, Ensuiko Sugar Refining Co stock appears to be overvalued. The current stock price of 円464.00 is trading 41.3% above its estimated GF Value™ of 円328.44. GuruFocus considers Ensuiko Sugar Refining Co to be Significantly Overvalued.

Key valuation signals for TSE:2112:

  • Gross Margin %: 19.58% (near median its 10-year median of 18.45)
  • GF Value™: 円328.44 vs. price of 円464.00 (41.3% above fair value)
  • GF Score™: 64/100 with 1 warning sign
  • Industry Position: 25.4% below the Consumer Packaged Goods median (#1223 of 1922)

No single metric tells the full story. See the TSE:2112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ensuiko Sugar Refining Co Business Description

Address New ESR Building, 2 - 9 - 6 Nihonbashi Tori Town, Chuo-ku, Tokyo, JPN, 103-0012
Ensuiko Sugar Refining Co Ltd operates in the confectionery industry. The company is engaged in the manufacturing and distribution of sugar. It offers a wide range of products ranging from home use to business use, including white sugar, stick sugar for coffee and tea, and gum syrup.
64GF Score

Get the complete analysis for TSE:2112

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

円464.00
Price
円328.44
GF Value