Nippon Felt Co (TSE:3512) Gross Margin %: 29.73% (As of Mar. 2026) — Near Median

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TSE:3512 Nippon Felt Co Ltd TSE:3512
42 GF Score
Price 円1,006.00
GF Value 円461.62
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Nippon Felt Co Gross Margin %?

Nippon Felt Co TSE:3512 +2.44% 42 Gross Margin % is 29.73% as of Mar. 2026, which is 6% below its 10-year median of 31.63. GuruFocus rates TSE:3512 with a GF Score™ of 42/100 and a GF Value™ of 円461.62 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 516 Conglomerates companies, Nippon Felt Co ranks better than 61.24% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Nippon Felt Co's Gross Profit for the six months ended in Mar. 2026 was 円1,375 Mil. Nippon Felt Co's Revenue for the six months ended in Mar. 2026 was 円4,623 Mil. Therefore, Nippon Felt Co's Gross Margin % for the quarter that ended in Mar. 2026 was 29.73%.


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

TSE:3512' s Gross Margin % Range Over the Past 10 Years
Min: 29.08   Med: 31.63   Max: 34.12
Current: 30.43


During the past 13 years, the highest Gross Margin % of Nippon Felt Co was 34.12%. The lowest was 29.08%. And the median was 31.63%.

TSE:3512's Gross Margin % is ranked better than
61.24% of 516 companies
in the Conglomerates industry
Industry Median: 25.98 vs TSE:3512: 30.43

Nippon Felt Co had a gross margin of 29.73% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Nippon Felt Co was -0.20% per year.


Nippon Felt Co  (TSE:3512) 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

Nippon Felt Co had a gross margin of 29.73% 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.


Nippon Felt Co Gross Margin % Related Terms


Nippon Felt Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nippon Felt 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.

Nippon Felt Co Gross Margin % Chart

Nippon Felt Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.05 33.70 31.47 30.57 30.43

Nippon Felt Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 29.76 33.80 27.30 31.10 29.73

TSE:3512 vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, Nippon Felt 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.


Nippon Felt Co Gross Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nippon Felt Co's Gross Margin % distribution charts can be found below:

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


TSE:3512
42GF Score
Nippon Felt Co Ltd TSE:3512
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Felt Co Gross Margin % Calculation

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

Nippon Felt Co's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=2859.8 / 9398.361
=(Revenue - Cost of Goods Sold) / Revenue
=(9398.361 - 6538.603) / 9398.361
=30.43 %

Nippon Felt Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1374.6 / 4623.292
=(Revenue - Cost of Goods Sold) / Revenue
=(4623.292 - 3248.716) / 4623.292
=29.73 %

* 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 29.73% mean?
Nippon Felt Co (TSE:3512) has a Gross Margin % of 29.73% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nippon Felt Co and its competitors. This is near median its historical median of 31.63. Over the past decade, Nippon Felt Co's Gross Margin % has ranged from 29.08 to 34.12. According to the industry distribution chart, Nippon Felt Co ranks #200 out of 516 companies in the Conglomerates industry, placing it in the top 38.8%.
Is Nippon Felt Co's Gross Margin % too high?
Nippon Felt Co's current Gross Margin % of 29.73% is near median its 10-year median of 31.63. Over the past 10 years, this metric has ranged from a low of 29.08 to a high of 34.12. The Conglomerates industry median Gross Margin % is 25.98. Nippon Felt Co's value of 29.73% is 14.4% above this industry median. Based on the distribution chart, Nippon Felt Co ranks #200 out of 516 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Nippon Felt Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Felt Co's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nippon Felt Co ranks #200 out of 516 companies for Gross Margin %. This puts Nippon Felt Co in the upper half of its industry. The industry median Gross Margin % is 25.98. Nippon Felt Co's value of 29.73% is 14.4% above this benchmark. Historically, Nippon Felt Co's own Gross Margin % has ranged from 29.08 to 34.12 over the past decade. While the company's 10-year median is 31.63 vs. the industry median of 25.98, Nippon Felt Co has consistently been above 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.98, based on 516 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. Nippon Felt Co's current Gross Margin % of 29.73% is 14.4% above 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 Nippon Felt Co and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Felt Co's current Gross Margin % is 29.73%, which is near median its own 10-year median of 31.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Felt Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Felt Co (TSE:3512) is currently considered Significantly Overvalued. The stock's GF Value™ is 円461.62, compared to a current price of 円1,006.00 — trading 117.9% above its estimated fair value. The current Gross Margin % is 29.73%, which is near median its 10-year median of 31.63 and 14.4% above the Conglomerates industry median of 25.98. Nippon Felt Co's overall GF Score™ is 42/100 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 Nippon Felt Co (TSE:3512), the current Gross Margin % is 29.73% 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 Nippon Felt Co (TSE:3512) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Felt Co stock appears to be overvalued. The current stock price of 円1,006.00 is trading 117.9% above its estimated GF Value™ of 円461.62. GuruFocus considers Nippon Felt Co to be Significantly Overvalued.

Key valuation signals for TSE:3512:

  • Gross Margin %: 29.73% (near median its 10-year median of 31.63)
  • GF Value™: 円461.62 vs. price of 円1,006.00 (117.9% above fair value)
  • GF Score™: 42/100 with 6 warning signs
  • Industry Position: 14.4% above the Conglomerates median (#200 of 516)

No single metric tells the full story. See the TSE:3512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Felt Co Business Description

Address 1-7-1 Akabane Nishi, Kita-ku, Tokyo, JPN, 115-0055
Nippon Felt Co Ltd is a Japan-based company engages in producing, finishing, and selling felts for making paper, pulp, slate, and other industrial applications. It also involved in producing and selling various types of textile products and other industrial chemicals.
42GF Score

Get the complete analysis for TSE:3512

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

円1,006.00
Price
円461.62
GF Value