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.
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.
AUTOWAVE CoTSE:2666 66 Gross Margin % is 28.87% as of Mar. 2026, which is 11% below its 10-year median of 32.43. GuruFocus rates TSE:2666 with a GF Score™ of 66/100 and a GF Value™ of 円180.00 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,113 Retail - Cyclical companies, AUTOWAVE Co ranks worse than 62.98% on this metric.
AUTOWAVE Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.1%.
The historical rank and industry rank for AUTOWAVE Co's Gross Margin % or its related term are showing as below:
TSE:2666'
s Gross Margin % Range Over the Past 10 Years
Min: 29.32 Med: 32.43 Max: 33.46
Current: 29.32
During the past 13 years, the highestGross Margin % of AUTOWAVE Co was 33.46%. The lowest was 29.32%. And the median was 32.43%.
TSE:2666's Gross Margin % is ranked worse than 62.98% of 1113
companies
in the Retail - Cyclical industry
Industry Median: 36.25
vs TSE:2666: 29.32
AUTOWAVE Co had a gross margin of 28.87% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for AUTOWAVE Co was -2.10% per year.
AUTOWAVE Co (TSE:2666) 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
AUTOWAVE Co had a gross margin of 28.87% for the quarter that ended in Mar. 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.
AUTOWAVE Co Gross Margin % Related Terms
AUTOWAVE Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for AUTOWAVE 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.
TSE:2666 vs CASY, WSM, DKS: Gross Margin % Comparison
For the Specialty Retail subindustry, AUTOWAVE 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.
AUTOWAVE Co Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, AUTOWAVE Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where AUTOWAVE Co'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.
AUTOWAVE Co (TSE:2666) has a Gross Margin % of 28.87% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on AUTOWAVE Co and its competitors. This is 11% below median its historical median of 32.43. Over the past decade, AUTOWAVE Co's Gross Margin % has ranged from 29.32 to 33.46. According to the industry distribution chart, AUTOWAVE Co ranks #701 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 63%.
Is AUTOWAVE Co's Gross Margin % too high?
AUTOWAVE Co's current Gross Margin % of 28.87% is 11% below median its 10-year median of 32.43. Over the past 10 years, this metric has ranged from a low of 29.32 to a high of 33.46. The Retail - Cyclical industry median Gross Margin % is 36.25. AUTOWAVE Co's value of 28.87% is 20.4% below this industry median. Based on the distribution chart, AUTOWAVE Co ranks #701 out of 1113 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, AUTOWAVE Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AUTOWAVE Co's Gross Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, AUTOWAVE Co ranks #701 out of 1113 companies for Gross Margin %. This places AUTOWAVE Co in the lower half of its industry. The industry median Gross Margin % is 36.25. AUTOWAVE Co's value of 28.87% is 20.4% below this benchmark. Historically, AUTOWAVE Co's own Gross Margin % has ranged from 29.32 to 33.46 over the past decade. While the company's 10-year median is 32.43 vs. the industry median of 36.25, AUTOWAVE 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.25, based on 1,113 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. AUTOWAVE Co's current Gross Margin % of 28.87% is 20.4% 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 AUTOWAVE Co and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AUTOWAVE Co's current Gross Margin % is 28.87%, which is 11% below median its own 10-year median of 32.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AUTOWAVE Co stock overvalued right now?
Based on GuruFocus' analysis, AUTOWAVE Co (TSE:2666) is currently considered Fairly Valued. The stock's GF Value™ is 円180.00, compared to a current price of 円176.00 — trading 2.2% below its estimated fair value. The current Gross Margin % is 28.87%, which is 11% below median its 10-year median of 32.43 and 20.4% below the Retail - Cyclical industry median of 36.25. AUTOWAVE Co's overall GF Score™ is 66/100 with 5 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 AUTOWAVE Co (TSE:2666), the current Gross Margin % is 28.87% 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 AUTOWAVE Co (TSE:2666) Overvalued in 2026?
Based on GuruFocus' analysis, AUTOWAVE Co stock appears to be undervalued.
The current stock price of 円176.00 is trading 2.2% below its estimated GF Value™ of 円180.00.
GuruFocus considers AUTOWAVE Co to be Fairly Valued.
Key valuation signals for TSE:2666:
Gross Margin %: 28.87% (11% below median its 10-year median of 32.43)
GF Value™: 円180.00 vs. price of 円176.00 (2.2% below fair value)
Industry Position: 20.4% below the Retail - Cyclical median (#701 of 1113)
No single metric tells the full story. See the TSE:2666 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AUTOWAVE Co Ltd is engaged in car supplies and car total maintenance service. The services offered by the company include inspection, tire, car navigation, battery maintenance, sheet metal repair, and auto wave card.
66GF Score
Get the complete analysis for TSE:2666
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:2666 has been successfully added to your 
