Azearth (TSE:3161) Gross Margin %: 20.86% (As of Apr. 2026) — Near Median


TSE:3161 Azearth Corp TSE:3161
65 GF Score
Price 円661.00
GF Value 円655.43
Valuation Fairly Valued
! 6 Warning Signs
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What is Azearth Gross Margin %?

Azearth TSE:3161 +0.15% 65 Gross Margin % is 20.86% as of Apr. 2026, which is 3% above its 10-year median of 20.25. GuruFocus rates TSE:3161 with a GF Score™ of 65/100 and a GF Value™ of 円655.43 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Azearth ranks worse than 62.75% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Azearth's Gross Profit for the six months ended in Apr. 2026 was 円941 Mil. Azearth's Revenue for the six months ended in Apr. 2026 was 円4,512 Mil. Therefore, Azearth's Gross Margin % for the quarter that ended in Apr. 2026 was 20.86%.


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

TSE:3161' s Gross Margin % Range Over the Past 10 Years
Min: 18.6   Med: 20.25   Max: 22
Current: 20.71


During the past 13 years, the highest Gross Margin % of Azearth was 22.00%. The lowest was 18.60%. And the median was 20.25%.

TSE:3161's Gross Margin % is ranked worse than
62.75% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.51 vs TSE:3161: 20.71

Azearth had a gross margin of 20.86% for the quarter that ended in Apr. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Azearth was -0.40% per year.


Azearth  (TSE:3161) 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

Azearth had a gross margin of 20.86% for the quarter that ended in Apr. 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.


Azearth Gross Margin % Related Terms


Azearth Gross Margin % Historical Data

* Premium members only.

The historical data trend for Azearth'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.

Azearth Gross Margin % Chart

Azearth Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.72 21.51 20.46 21.06 20.71

Azearth Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 20.36 21.17 20.96 20.52 20.86

Azearth Gross Margin % Competitor Comparison

For the Textile Manufacturing subindustry, Azearth'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.


Azearth Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Azearth's Gross Margin % distribution charts can be found below:

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


TSE:3161
65GF Score
Azearth Corp TSE:3161
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Azearth Gross Margin % Calculation

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

Azearth's Gross Margin for the fiscal year that ended in Apr. 2026 is calculated as

Gross Margin % (A: Apr. 2026 )=Gross Profit (A: Apr. 2026 ) / Revenue (A: Apr. 2026 )
=1716.7 / 8289.681
=(Revenue - Cost of Goods Sold) / Revenue
=(8289.681 - 6572.966) / 8289.681
=20.71 %

Azearth's Gross Margin for the quarter that ended in Apr. 2026 is calculated as


Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=941.4 / 4512.366
=(Revenue - Cost of Goods Sold) / Revenue
=(4512.366 - 3570.929) / 4512.366
=20.86 %

* 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 20.86% mean?
Azearth (TSE:3161) has a Gross Margin % of 20.86% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Azearth and its competitors. This is near median its historical median of 20.25. Over the past decade, Azearth's Gross Margin % has ranged from 18.60 to 22.00. According to the industry distribution chart, Azearth ranks #640 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 62.7%.
Is Azearth's Gross Margin % too high?
Azearth's current Gross Margin % of 20.86% is near median its 10-year median of 20.25. Over the past 10 years, this metric has ranged from a low of 18.60 to a high of 22.00. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.51. Azearth's value of 20.86% is 26.8% below this industry median. Based on the distribution chart, Azearth ranks #640 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Azearth has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Azearth's Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Azearth ranks #640 out of 1020 companies for Gross Margin %. This places Azearth in the lower half of its industry. The industry median Gross Margin % is 28.51. Azearth's value of 20.86% is 26.8% below this benchmark. Historically, Azearth's own Gross Margin % has ranged from 18.60 to 22.00 over the past decade. While the company's 10-year median is 20.25 vs. the industry median of 28.51, Azearth 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.51, based on 1,020 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. Azearth's current Gross Margin % of 20.86% is 26.8% 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 Azearth and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azearth's current Gross Margin % is 20.86%, which is near median its own 10-year median of 20.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azearth stock overvalued right now?
Based on GuruFocus' analysis, Azearth (TSE:3161) is currently considered Fairly Valued. The stock's GF Value™ is 円655.43, compared to a current price of 円661.00 — trading 0.8% above its estimated fair value. The current Gross Margin % is 20.86%, which is near median its 10-year median of 20.25 and 26.8% below the Manufacturing - Apparel & Accessories industry median of 28.51. Azearth's overall GF Score™ is 65/100 with 6 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 Azearth (TSE:3161), the current Gross Margin % is 20.86% as of Apr. 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 Azearth (TSE:3161) Overvalued in 2026?

Based on GuruFocus' analysis, Azearth stock appears to be overvalued. The current stock price of 円661.00 is trading 0.8% above its estimated GF Value™ of 円655.43. GuruFocus considers Azearth to be Fairly Valued.

Key valuation signals for TSE:3161:

  • Gross Margin %: 20.86% (near median its 10-year median of 20.25)
  • GF Value™: 円655.43 vs. price of 円661.00 (0.8% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 26.8% below the Manufacturing - Apparel & Accessories median (#640 of 1020)

No single metric tells the full story. See the TSE:3161 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azearth Business Description

Address 4-13-7 Kuramae, Taito-ku, Tokyo, JPN, 111-8623
Azearth Corp is a Japan-based company engaged in the manufacture and sale of protective wear, healthcare products, and life material products. It operates through three reportable segments: Protective Clothing & Environmental Equipment, Healthcare Products, and Life Materials. The Protective Clothing & Environmental Equipment segment includes chemical protective suits, industrial safety clothing, and related equipment. The Healthcare Products segment focuses on nonwoven fabric items such as masks and gowns used in medical settings. The Life Materials segment handles apparel materials like pile fabrics and offers a range of bedding products, including pillows and mattresses.
65GF Score

Get the complete analysis for TSE:3161

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

円661.00
Price
円655.43
GF Value