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TOCALO Co (TSE:3433) Gross Margin % : 36.07% (As of Sep. 2024)


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What is TOCALO Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. TOCALO Co's Gross Profit for the three months ended in Sep. 2024 was 円4,689 Mil. TOCALO Co's Revenue for the three months ended in Sep. 2024 was 円12,999 Mil. Therefore, TOCALO Co's Gross Margin % for the quarter that ended in Sep. 2024 was 36.07%.


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

TSE:3433' s Gross Margin % Range Over the Past 10 Years
Min: 33.72   Med: 35.43   Max: 37.85
Current: 35.6


During the past 13 years, the highest Gross Margin % of TOCALO Co was 37.85%. The lowest was 33.72%. And the median was 35.43%.

TSE:3433's Gross Margin % is ranked better than
51.58% of 981 companies
in the Business Services industry
Industry Median: 34.52 vs TSE:3433: 35.60

TOCALO Co had a gross margin of 36.07% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for TOCALO Co was 0.60% per year.


TOCALO Co Gross Margin % Historical Data

The historical data trend for TOCALO 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.

* Premium members only.

TOCALO Co Gross Margin % Chart

TOCALO Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.72 37.70 37.85 36.07 34.76

TOCALO Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 34.23 33.51 36.36 36.35 36.07

Competitive Comparison of TOCALO Co's Gross Margin %

For the Specialty Business Services subindustry, TOCALO 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.


TOCALO Co's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, TOCALO Co's Gross Margin % distribution charts can be found below:

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



TOCALO Co Gross Margin % Calculation

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

TOCALO Co's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=16243 / 46735
=(Revenue - Cost of Goods Sold) / Revenue
=(46735 - 30492) / 46735
=34.76 %

TOCALO Co's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=4689 / 12999
=(Revenue - Cost of Goods Sold) / Revenue
=(12999 - 8310) / 12999
=36.07 %

* 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.


TOCALO Co  (TSE:3433) 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

TOCALO Co had a gross margin of 36.07% for the quarter that ended in Sep. 2024 => 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.


TOCALO Co Gross Margin % Related Terms

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TOCALO Co Business Description

Traded in Other Exchanges
N/A
Address
4-13-4, Fukaekita-Machi, Higashinada-Ku, Kobe, JPN, 658-0013
TOCALO Co Ltd develops surface modifying technologies in Japan and internationally. The company produces various functional coatings through thermal spraying technology, including vacuum plasma, atmospheric plasma, electric arc, and high-velocity oxy-fuel spraying, as well as powder, rod, and wire flame spraying processes. It also provides peripheral surface technologies, such as WIN KOTE, CDC-ZAC, and Lite Force coatings; and TD, PTA, and PVD processes.

TOCALO Co Headlines

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