Asulina Co (TSE:3647) Gross Margin %: -2.26% (As of Feb. 2026)


TSE:3647 Asulina Co Ltd TSE:3647
45 GF Score
Price 円116.00
GF Value 円158.40
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Asulina Co Gross Margin %?

Asulina Co TSE:3647 -0.85% 45 Gross Margin % is -2.26% as of Feb. 2026. GuruFocus rates TSE:3647 with a GF Score™ of 45/100 and a GF Value™ of 円158.40 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 402 Utilities - Independent Power Producers companies, Asulina Co ranks worse than 89.55% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Asulina Co's Gross Profit for the six months ended in Feb. 2026 was 円-0.8 Mil. Asulina Co's Revenue for the six months ended in Feb. 2026 was 円36.4 Mil. Therefore, Asulina Co's Gross Margin % for the quarter that ended in Feb. 2026 was -2.26%.


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

TSE:3647' s Gross Margin % Range Over the Past 10 Years
Min: -109.82   Med: 23.98   Max: 47.19
Current: 6.36


During the past 13 years, the highest Gross Margin % of Asulina Co was 47.19%. The lowest was -109.82%. And the median was 23.98%.

TSE:3647's Gross Margin % is ranked worse than
89.55% of 402 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.32 vs TSE:3647: 6.36

Asulina Co had a gross margin of -2.26% for the quarter that ended in Feb. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Asulina Co was 0.00% per year.


Asulina Co  (TSE:3647) 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

Asulina Co had a gross margin of -2.26% for the quarter that ended in Feb. 2026 => 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.


Asulina Co Gross Margin % Related Terms


Asulina Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Asulina 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.

Asulina Co Gross Margin % Chart

Asulina Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.21 27.37 20.99 -109.82 4.65

Asulina Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 16.23 -223.92 -13.98 6.93 -2.26

Asulina Co Gross Margin % Competitor Comparison

For the Utilities - Renewable subindustry, Asulina 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.


Asulina Co Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Asulina Co's Gross Margin % distribution charts can be found below:

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


TSE:3647
45GF Score
Asulina Co Ltd TSE:3647
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asulina Co Gross Margin % Calculation

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

Asulina Co's Gross Margin for the fiscal year that ended in Aug. 2025 is calculated as

Gross Margin % (A: Aug. 2025 )=Gross Profit (A: Aug. 2025 ) / Revenue (A: Aug. 2025 )
=28.2 / 606.547
=(Revenue - Cost of Goods Sold) / Revenue
=(606.547 - 578.319) / 606.547
=4.65 %

Asulina Co's Gross Margin for the quarter that ended in Feb. 2026 is calculated as


Gross Margin % (Q: Feb. 2026 )=Gross Profit (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=-0.8 / 36.404
=(Revenue - Cost of Goods Sold) / Revenue
=(36.404 - 37.226) / 36.404
=-2.26 %

* 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 -2.26% mean?
Asulina Co (TSE:3647) has a Gross Margin % of -2.26% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Asulina Co and its competitors. According to the industry distribution chart, Asulina Co ranks #360 out of 402 companies in the Utilities - Independent Power Producers industry, placing it in the top 89.6%.
Is Asulina Co's Gross Margin % too high?
Asulina Co's current Gross Margin % is -2.26%. Based on the distribution chart, Asulina Co ranks #360 out of 402 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Asulina Co has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asulina Co's Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Asulina Co ranks #360 out of 402 companies for Gross Margin %. This places Asulina Co in the lower half of its industry. The industry median Gross Margin % is 31.32. 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 an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.32, based on 402 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. 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 Asulina Co and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asulina Co's current Gross Margin % is -2.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asulina Co stock overvalued right now?
Based on GuruFocus' analysis, Asulina Co (TSE:3647) is currently considered Modestly Undervalued. The stock's GF Value™ is 円158.40, compared to a current price of 円116.00 — trading 26.8% below its estimated fair value. The current Gross Margin % is -2.26%. Asulina Co's overall GF Score™ is 45/100 with 3 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 Asulina Co (TSE:3647), the current Gross Margin % is -2.26% as of Feb. 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 Asulina Co (TSE:3647) Overvalued in 2026?

Based on GuruFocus' analysis, Asulina Co stock appears to be undervalued. The current stock price of 円116.00 is trading 26.8% below its estimated GF Value™ of 円158.40. GuruFocus considers Asulina Co to be Modestly Undervalued.

Key valuation signals for TSE:3647:

  • Gross Margin %: -2.26%
  • GF Value™: 円158.40 vs. price of 円116.00 (26.8% below fair value)
  • GF Score™: 45/100 with 3 warning signs

No single metric tells the full story. See the TSE:3647 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asulina Co Business Description

Address 2-3-14 Higashishinagawa, Shinagawa-ku, Tokyo Front Terrace 12th floor, Tokyo, JPN, 140-0002
Asulina Co Ltd is engaged in Renewable energy business, new energy business and sustainable business.
45GF Score

Get the complete analysis for TSE:3647

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

円116.00
Price
円158.40
GF Value