Ad-Sol Nissin (TSE:3837) Gross Margin %: 28.18% (As of Mar. 2026) — 14% Above Median


TSE:3837 Ad-Sol Nissin Corp TSE:3837
96 GF Score
Price 円1,382.00
GF Value 円1,267.49
Valuation Fairly Valued
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What is Ad-Sol Nissin Gross Margin %?

Ad-Sol Nissin TSE:3837 +0.51% 96 Gross Margin % is 28.18% as of Mar. 2026, which is 14% above its 10-year median of 24.68. GuruFocus rates TSE:3837 with a GF Score™ of 96/100 and a GF Value™ of 円1,267.49 (Fairly Valued). Among 2,681 Software companies, Ad-Sol Nissin ranks worse than 64.86% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ad-Sol Nissin's Gross Profit for the six months ended in Mar. 2026 was 円2,436 Mil. Ad-Sol Nissin's Revenue for the six months ended in Mar. 2026 was 円8,645 Mil. Therefore, Ad-Sol Nissin's Gross Margin % for the quarter that ended in Mar. 2026 was 28.18%.


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

TSE:3837' s Gross Margin % Range Over the Past 10 Years
Min: 21.17   Med: 24.68   Max: 28.99
Current: 28.99


During the past 13 years, the highest Gross Margin % of Ad-Sol Nissin was 28.99%. The lowest was 21.17%. And the median was 24.68%.

TSE:3837's Gross Margin % is ranked worse than
64.86% of 2681 companies
in the Software industry
Industry Median: 40.41 vs TSE:3837: 28.99

Ad-Sol Nissin had a gross margin of 28.18% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ad-Sol Nissin was 3.50% per year.


Ad-Sol Nissin  (TSE:3837) 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

Ad-Sol Nissin had a gross margin of 28.18% 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.


Ad-Sol Nissin Gross Margin % Related Terms


Ad-Sol Nissin Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ad-Sol Nissin'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.

Ad-Sol Nissin Gross Margin % Chart

Ad-Sol Nissin 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 24.69 26.20 27.06 27.84 28.99

Ad-Sol Nissin 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 26.57 28.77 26.93 29.81 28.18

TSE:3837 vs IBM, ACN, FISV: Gross Margin % Comparison

For the Information Technology Services subindustry, Ad-Sol Nissin'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.


Ad-Sol Nissin Gross Margin % vs Software Industry

For the Software industry and Technology sector, Ad-Sol Nissin's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ad-Sol Nissin's Gross Margin % falls into.


TSE:3837
96GF Score
Ad-Sol Nissin Corp TSE:3837
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ad-Sol Nissin Gross Margin % Calculation

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

Ad-Sol Nissin'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 )
=4972.4 / 17151.415
=(Revenue - Cost of Goods Sold) / Revenue
=(17151.415 - 12178.983) / 17151.415
=28.99 %

Ad-Sol Nissin'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 )
=2436.2 / 8644.589
=(Revenue - Cost of Goods Sold) / Revenue
=(8644.589 - 6208.376) / 8644.589
=28.18 %

* 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 28.18% mean?
Ad-Sol Nissin (TSE:3837) has a Gross Margin % of 28.18% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ad-Sol Nissin and its competitors. This is 14% above median its historical median of 24.68. Over the past decade, Ad-Sol Nissin's Gross Margin % has ranged from 21.17 to 28.99. According to the industry distribution chart, Ad-Sol Nissin ranks #1739 out of 2681 companies in the Software industry, placing it in the top 64.9%.
Is Ad-Sol Nissin's Gross Margin % too high?
Ad-Sol Nissin's current Gross Margin % of 28.18% is 14% above median its 10-year median of 24.68. Over the past 10 years, this metric has ranged from a low of 21.17 to a high of 28.99. The Software industry median Gross Margin % is 40.41. Ad-Sol Nissin's value of 28.18% is 30.3% below this industry median. Based on the distribution chart, Ad-Sol Nissin ranks #1739 out of 2681 companies in the Software industry, which is below the industry midpoint. Overall, Ad-Sol Nissin has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ad-Sol Nissin's Gross Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Ad-Sol Nissin ranks #1739 out of 2681 companies for Gross Margin %. This places Ad-Sol Nissin in the lower half of its industry. The industry median Gross Margin % is 40.41. Ad-Sol Nissin's value of 28.18% is 30.3% below this benchmark. Historically, Ad-Sol Nissin's own Gross Margin % has ranged from 21.17 to 28.99 over the past decade. While the company's 10-year median is 24.68 vs. the industry median of 40.41, Ad-Sol Nissin 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 Software company?
The median Gross Margin % among Software companies is 40.41, based on 2,681 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. Ad-Sol Nissin's current Gross Margin % of 28.18% is 30.3% 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 Ad-Sol Nissin and its competitors. For the Software industry, the median Gross Margin % is 40.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ad-Sol Nissin's current Gross Margin % is 28.18%, which is 14% above median its own 10-year median of 24.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ad-Sol Nissin stock overvalued right now?
Based on GuruFocus' analysis, Ad-Sol Nissin (TSE:3837) is currently considered Fairly Valued. The stock's GF Value™ is 円1,267.49, compared to a current price of 円1,382.00 — trading 9% above its estimated fair value. The current Gross Margin % is 28.18%, which is 14% above median its 10-year median of 24.68 and 30.3% below the Software industry median of 40.41. Ad-Sol Nissin's overall GF Score™ is 96/100. 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 Ad-Sol Nissin (TSE:3837), the current Gross Margin % is 28.18% 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 Ad-Sol Nissin (TSE:3837) Overvalued in 2026?

Based on GuruFocus' analysis, Ad-Sol Nissin stock appears to be overvalued. The current stock price of 円1,382.00 is trading 9% above its estimated GF Value™ of 円1,267.49. GuruFocus considers Ad-Sol Nissin to be Fairly Valued.

Key valuation signals for TSE:3837:

  • Gross Margin %: 28.18% (14% above median its 10-year median of 24.68)
  • GF Value™: 円1,267.49 vs. price of 円1,382.00 (9% above fair value)
  • GF Score™: 96/100
  • Industry Position: 30.3% below the Software median (#1739 of 2681)

No single metric tells the full story. See the TSE:3837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ad-Sol Nissin Business Description

Address 1-8 Konan 4-chome, Rivage Shinagawa, Minato-ku, Tokyo, JPN, 108-0075
Ad-Sol Nissin Corp develops information systems for enterprises. The company's segments include: Social Infrastructure Business, Advanced Industry Business. The Social Infrastructure Business develops system integration services in social infrastructures such as energy, road, aerospace, and others. Advanced Industry Business promotes Next Generation EV Vehicle, Industrial Equipment, and others.
96GF Score

Get the complete analysis for TSE:3837

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

円1,382.00
Price
円1,267.49
GF Value