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KurehaTSE:4023 +1.91%73 Gross Margin % is 24.78% as of Mar. 2026, which is 14% below its 10-year median of 28.75. GuruFocus rates TSE:4023 with a GF Score™ of 73/100 and a GF Value™ of 円3,762.52 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,558 Chemicals companies, Kureha ranks better than 61.3% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Kureha's Gross Profit for the
three
months ended in Mar. 2026 was 円10,886 Mil. Kureha's Revenue for the
three
months ended in Mar. 2026 was 円43,925 Mil. Therefore, Kureha's Gross Margin % for the quarter that ended in Mar. 2026 was 24.78%.
Warning Sign:
Kureha Corp gross margin has been in long-term decline. The average rate of decline per year is -1.9%.
The historical rank and industry rank for Kureha's Gross Margin % or its related term are showing as below:
TSE:4023'
s Gross Margin % Range Over the Past 10 Years
Min: 26.23 Med: 28.75 Max: 30.22
Current: 28.17
During the past 13 years, the highestGross Margin % of Kureha was 30.22%. The lowest was 26.23%. And the median was 28.75%.
TSE:4023's Gross Margin % is ranked better than 61.3% of 1558
companies
in the Chemicals industry
Industry Median: 23.465
vs TSE:4023: 28.17
Kureha had a gross margin of 24.78% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Kureha was -1.90% per year.
Kureha (TSE:4023) 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
Kureha had a gross margin of 24.78% 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.
Kureha Gross Margin % Related Terms
Kureha Gross Margin % Historical Data
* Premium members only.
The historical data trend for Kureha'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.
TSE:4023 vs LIN, SHW, ECL: Gross Margin % Comparison
For the Specialty Chemicals subindustry, Kureha'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.
Kureha Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Kureha's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kureha's Gross Margin % falls into.
* 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.
Kureha (TSE:4023) has a Gross Margin % of 24.78% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kureha and its competitors. This is 14% below median its historical median of 28.75. Over the past decade, Kureha's Gross Margin % has ranged from 26.23 to 30.22. According to the industry distribution chart, Kureha ranks #603 out of 1558 companies in the Chemicals industry, placing it in the top 38.7%.
Is Kureha's Gross Margin % too high?
Kureha's current Gross Margin % of 24.78% is 14% below median its 10-year median of 28.75. Over the past 10 years, this metric has ranged from a low of 26.23 to a high of 30.22. The Chemicals industry median Gross Margin % is 23.47. Kureha's value of 24.78% is 5.6% above this industry median. Based on the distribution chart, Kureha ranks #603 out of 1558 companies in the Chemicals industry, which is above the industry midpoint. Overall, Kureha has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kureha's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Kureha ranks #603 out of 1558 companies for Gross Margin %. This puts Kureha in the upper half of its industry. The industry median Gross Margin % is 23.47. Kureha's value of 24.78% is 5.6% above this benchmark. Historically, Kureha's own Gross Margin % has ranged from 26.23 to 30.22 over the past decade. While the company's 10-year median is 28.75 vs. the industry median of 23.47, Kureha 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.47, based on 1,558 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. Kureha's current Gross Margin % of 24.78% is 5.6% 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 Kureha and its competitors. For the Chemicals industry, the median Gross Margin % is 23.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kureha's current Gross Margin % is 24.78%, which is 14% below median its own 10-year median of 28.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kureha stock overvalued right now?
Based on GuruFocus' analysis, Kureha (TSE:4023) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,762.52, compared to a current price of 円4,270.00 — trading 13.5% above its estimated fair value. The current Gross Margin % is 24.78%, which is 14% below median its 10-year median of 28.75 and 5.6% above the Chemicals industry median of 23.47. Kureha's overall GF Score™ is 73/100 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 Kureha (TSE:4023), the current Gross Margin % is 24.78% 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 Kureha (TSE:4023) Overvalued in 2026?
Based on GuruFocus' analysis, Kureha stock appears to be overvalued.
The current stock price of 円4,270.00 is trading 13.5% above its estimated GF Value™ of 円3,762.52.
GuruFocus considers Kureha to be Modestly Overvalued.
Key valuation signals for TSE:4023:
Gross Margin %: 24.78% (14% below median its 10-year median of 28.75)
GF Value™: 円3,762.52 vs. price of 円4,270.00 (13.5% above fair value)
Industry Position: 5.6% above the Chemicals median (#603 of 1558)
No single metric tells the full story. See the TSE:4023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kureha Corp manufactures and sells chemicals and chemical-based products in four segments based on product type. The specialty plastics segment, which generates more revenue than any other segment, sells plastic wrap used by consumers to package food, as well as commercial food packaging and fishing line. The advanced materials segment sells plastics such as polyvinylidene fluoride used in electronic materials and for water treatment, as well as carbon used in lithium ion batteries and industrial insulation. The specialty chemicals segment sells pharmaceuticals, agricultural chemicals, and industrial chemicals. The construction and other operations segment provides construction, engineering, and logistics services.
73GF Score
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