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NMS HoldingsTSE:2162 46 Gross Margin % is 12.97% as of Mar. 2026, which is 0% above its 10-year median of 12.96. GuruFocus rates TSE:2162 with a GF Score™ of 46/100 and a GF Value™ of 円335.22 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,457 Hardware companies, NMS Holdings ranks worse than 77.74% on this metric.
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
NMS Holdings had a gross margin of 12.97% 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.
NMS Holdings Gross Margin % Related Terms
NMS Holdings Gross Margin % Historical Data
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The historical data trend for NMS Holdings'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.
For the Electronic Components subindustry, NMS Holdings'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.
NMS Holdings Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, NMS Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where NMS Holdings's Gross Margin % falls into.
* 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.
NMS Holdings (TSE:2162) has a Gross Margin % of 12.97% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on NMS Holdings and its competitors. This is near median its historical median of 12.96. Over the past decade, NMS Holdings' Gross Margin % has ranged from 10.62 to 14.39. According to the industry distribution chart, NMS Holdings ranks #1910 out of 2457 companies in the Hardware industry, placing it in the top 77.7%.
Is NMS Holdings' Gross Margin % too high?
NMS Holdings' current Gross Margin % of 12.97% is near median its 10-year median of 12.96. Over the past 10 years, this metric has ranged from a low of 10.62 to a high of 14.39. The Hardware industry median Gross Margin % is 24.54. NMS Holdings' value of 12.97% is 47.1% below this industry median. Based on the distribution chart, NMS Holdings ranks #1910 out of 2457 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, NMS Holdings has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NMS Holdings' Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, NMS Holdings ranks #1910 out of 2457 companies for Gross Margin %. This places NMS Holdings in the lower half of its industry. The industry median Gross Margin % is 24.54. NMS Holdings' value of 12.97% is 47.1% below this benchmark. Historically, NMS Holdings' own Gross Margin % has ranged from 10.62 to 14.39 over the past decade. While the company's 10-year median is 12.96 vs. the industry median of 24.54, NMS Holdings 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.54, based on 2,457 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. NMS Holdings's current Gross Margin % of 12.97% is 47.1% 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 NMS Holdings and its competitors. For the Hardware industry, the median Gross Margin % is 24.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMS Holdings's current Gross Margin % is 12.97%, which is near median its own 10-year median of 12.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMS Holdings stock overvalued right now?
Based on GuruFocus' analysis, NMS Holdings (TSE:2162) is currently considered Significantly Overvalued. The stock's GF Value™ is 円335.22, compared to a current price of 円533.00 — trading 59% above its estimated fair value. The current Gross Margin % is 12.97%, which is near median its 10-year median of 12.96 and 47.1% below the Hardware industry median of 24.54. NMS Holdings' overall GF Score™ is 46/100 with 9 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 NMS Holdings (TSE:2162), the current Gross Margin % is 12.97% 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 NMS Holdings (TSE:2162) Overvalued in 2026?
Based on GuruFocus' analysis, NMS Holdings stock appears to be overvalued.
The current stock price of 円533.00 is trading 59% above its estimated GF Value™ of 円335.22.
GuruFocus considers NMS Holdings to be Significantly Overvalued.
Key valuation signals for TSE:2162:
Gross Margin %: 12.97% (near median its 10-year median of 12.96)
GF Value™: 円335.22 vs. price of 円533.00 (59% above fair value)
Industry Position: 47.1% below the Hardware median (#1910 of 2457)
No single metric tells the full story. See the TSE:2162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NMS Holdings Corp is a Japan-based company. Its business activities are divided into four operating segments including Human resource solution business, Electronics manufacturing service (EMS) business, Vision ( neo EMS ), and Power supply business. The company offers staff members for contract manufacturing, engineer dispatch service, repairs and customer service. Its EMS business offers a wide range of services concerning board assembly through an integrated production process and firm management system. NMS also offers solutions for power supply and power supply-related products.
46GF Score
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