Naigai Tec (TSE:3374) Gross Margin % : 10.28% (As of Dec. 2023)

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What is Naigai Tec Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Naigai Tec's Gross Profit for the three months ended in Dec. 2023 was 円1,010 Mil. Naigai Tec's Revenue for the three months ended in Dec. 2023 was 円9,825 Mil. Therefore, Naigai Tec's Gross Margin % for the quarter that ended in Dec. 2023 was 10.28%.

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

TSE:3374' s Gross Margin % Range Over the Past 10 Years
Min: 10.15 Med: 11.33 Max: 12.21
Current: 10.28

During the past 13 years, the highest Gross Margin % of Naigai Tec was 12.21%. The lowest was 10.15%. And the median was 11.33%.

TSE:3374's Gross Margin % is ranked worse than
89.67% of 2934 companies
in the Industrial Products industry
Industry Median: 26.57 vs TSE:3374: 10.28

Naigai Tec had a gross margin of 10.28% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Naigai Tec was 1.10% per year.

Naigai Tec Gross Margin % Historical Data

The historical data trend for Naigai Tec'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.

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Naigai Tec Gross Margin % Chart

Naigai Tec Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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10.85

11.07

11.88

12.02

11.39

Naigai Tec Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															10.19	11.48	9.98	9.19	10.28

Competitive Comparison of Naigai Tec's Gross Margin %

For the Electrical Equipment & Parts subindustry, Naigai Tec'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.

Naigai Tec's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Naigai Tec's Gross Margin % distribution charts can be found below:

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

Naigai Tec Gross Margin % Calculation

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

Naigai Tec's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	5159.1	/	45281.08
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(45281.08 - 40121.999)	/	45281.08
	=	11.39 %

Naigai Tec's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1009.6	/	9824.83
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9824.83 - 8815.229)	/	9824.83
	=	10.28 %

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.

Naigai Tec (TSE:3374) 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

Naigai Tec had a gross margin of 10.28% for the quarter that ended in Dec. 2023 => 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.

Naigai Tec Gross Margin % Related Terms

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Naigai Tec (TSE:3374) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Naigai Tec Corp (TSE:3374) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

11-22, Sangenjaya 2-chome, Setagaya-ku, Tokyo, JPN, 154-0024

Website

http://www.naigaitec.co.jp

Naigai Tec Corp is engaged in electronics parts design, manufacture, logistics, and after-sale service. It sales, purchase, import and export of pneumatic devices, pneumatic application devices, working machines, electric devices, electronic devices, and other tools. It provides its services to Japan, China, and South Korea.

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