Hi-Crates Co (TSE:4172) Gross Margin %: 78.97% (As of Mar. 2026) — Near Median


TSE:4172 Hi-Crates Co Ltd TSE:4172
69 GF Score
Price 円2,179.00
GF Value 円2,326.99
Valuation Fairly Valued
! 1 Warning Sign
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What is Hi-Crates Co Gross Margin %?

Hi-Crates Co TSE:4172 69 Gross Margin % is 78.97% as of Mar. 2026, which is 4% above its 10-year median of 76.16. GuruFocus rates TSE:4172 with a GF Score™ of 69/100 and a GF Value™ of 円2,326.99 (Fairly Valued). The stock has 1 warning sign investors should review. Among 629 Healthcare Providers & Services companies, Hi-Crates Co ranks better than 85.21% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hi-Crates Co's Gross Profit for the three months ended in Mar. 2026 was 円511 Mil. Hi-Crates Co's Revenue for the three months ended in Mar. 2026 was 円647 Mil. Therefore, Hi-Crates Co's Gross Margin % for the quarter that ended in Mar. 2026 was 78.97%.


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

TSE:4172' s Gross Margin % Range Over the Past 10 Years
Min: 71.56   Med: 76.16   Max: 78.52
Current: 77.5


During the past 8 years, the highest Gross Margin % of Hi-Crates Co was 78.52%. The lowest was 71.56%. And the median was 76.16%.

TSE:4172's Gross Margin % is ranked better than
85.21% of 629 companies
in the Healthcare Providers & Services industry
Industry Median: 40.06 vs TSE:4172: 77.50

Hi-Crates Co had a gross margin of 78.97% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hi-Crates Co was -0.30% per year.


Hi-Crates Co  (TSE:4172) 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

Hi-Crates Co had a gross margin of 78.97% for the quarter that ended in Mar. 2026 => Durable 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.


Hi-Crates Co Gross Margin % Related Terms


Hi-Crates Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hi-Crates 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.

Hi-Crates Co Gross Margin % Chart

Hi-Crates Co Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial 75.28 73.55 71.56 75.76 77.01

Hi-Crates Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 0.00 72.39 78.83 78.81 78.97

TSE:4172 vs VEEV, BTSG, TEM: Gross Margin % Comparison

For the Health Information Services subindustry, Hi-Crates 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.


Hi-Crates Co Gross Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hi-Crates Co's Gross Margin % distribution charts can be found below:

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


TSE:4172
69GF Score
Hi-Crates Co Ltd TSE:4172
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hi-Crates Co Gross Margin % Calculation

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

Hi-Crates Co's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=1853.5 / 2406.943
=(Revenue - Cost of Goods Sold) / Revenue
=(2406.943 - 553.415) / 2406.943
=77.01 %

Hi-Crates 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 )
=510.8 / 646.815
=(Revenue - Cost of Goods Sold) / Revenue
=(646.815 - 136.054) / 646.815
=78.97 %

* 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 78.97% mean?
Hi-Crates Co (TSE:4172) has a Gross Margin % of 78.97% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hi-Crates Co and its competitors. This is near median its historical median of 76.16. Over the past decade, Hi-Crates Co's Gross Margin % has ranged from 71.56 to 78.52. According to the industry distribution chart, Hi-Crates Co ranks #93 out of 629 companies in the Healthcare Providers & Services industry, placing it in the top 14.8%.
Is Hi-Crates Co's Gross Margin % too high?
Hi-Crates Co's current Gross Margin % of 78.97% is near median its 10-year median of 76.16. Over the past 10 years, this metric has ranged from a low of 71.56 to a high of 78.52. The Healthcare Providers & Services industry median Gross Margin % is 40.06. Hi-Crates Co's value of 78.97% is 97.1% above this industry median. Based on the distribution chart, Hi-Crates Co ranks #93 out of 629 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Hi-Crates Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hi-Crates Co's Gross Margin % compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Hi-Crates Co ranks #93 out of 629 companies for Gross Margin %. This places Hi-Crates Co in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.06. Hi-Crates Co's value of 78.97% is 97.1% above this benchmark. Historically, Hi-Crates Co's own Gross Margin % has ranged from 71.56 to 78.52 over the past decade. While the company's 10-year median is 76.16 vs. the industry median of 40.06, Hi-Crates 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 Healthcare Providers & Services company?
The median Gross Margin % among Healthcare Providers & Services companies is 40.06, based on 629 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. Hi-Crates Co's current Gross Margin % of 78.97% is 97.1% 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 Hi-Crates Co and its competitors. For the Healthcare Providers & Services industry, the median Gross Margin % is 40.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi-Crates Co's current Gross Margin % is 78.97%, which is near median its own 10-year median of 76.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Crates Co stock overvalued right now?
Based on GuruFocus' analysis, Hi-Crates Co (TSE:4172) is currently considered Fairly Valued. The stock's GF Value™ is 円2,326.99, compared to a current price of 円2,179.00 — trading 6.4% below its estimated fair value. The current Gross Margin % is 78.97%, which is near median its 10-year median of 76.16 and 97.1% above the Healthcare Providers & Services industry median of 40.06. Hi-Crates Co's overall GF Score™ is 69/100 with 1 warning sign 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 Hi-Crates Co (TSE:4172), the current Gross Margin % is 78.97% 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 Hi-Crates Co (TSE:4172) Overvalued in 2026?

Based on GuruFocus' analysis, Hi-Crates Co stock appears to be undervalued. The current stock price of 円2,179.00 is trading 6.4% below its estimated GF Value™ of 円2,326.99. GuruFocus considers Hi-Crates Co to be Fairly Valued.

Key valuation signals for TSE:4172:

  • Gross Margin %: 78.97% (near median its 10-year median of 76.16)
  • GF Value™: 円2,326.99 vs. price of 円2,179.00 (6.4% below fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 97.1% above the Healthcare Providers & Services median (#93 of 629)

No single metric tells the full story. See the TSE:4172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hi-Crates Co Business Description

Address 3-12-33 Noda, Kita-ku, Okayama, JPN, 700-0971
Hi-Crates Co Ltd formerly, Towa Hi System Co Ltd is involved in the Research and development, sales, and support for integrated dental electronic medical record systems. Research and development, sales and support for iPad and web apps. which includes AI/voice electronic medical record integrated system, Visual examination and periodontal examination system, Interview System, Self-pay estimated system, Image management system etc.
69GF Score

Get the complete analysis for TSE:4172

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

円2,179.00
Price
円2,326.99
GF Value