atect (TSE:4241) Gross Margin %: 38.49% (As of Mar. 2026) — 17% Below Median

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4241 atect Corp TSE:4241
61 GF Score
Price 円644.00
GF Value 円604.85
Valuation Fairly Valued
! 5 Warning Signs
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What is atect Gross Margin %?

atect TSE:4241 +0.31% 61 Gross Margin % is 38.49% as of Mar. 2026, which is 17% below its 10-year median of 46.42. GuruFocus rates TSE:4241 with a GF Score™ of 61/100 and a GF Value™ of 円604.85 (Fairly Valued). The stock has 5 warning signs investors should review. Among 516 Conglomerates companies, atect ranks better than 76.36% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. atect's Gross Profit for the six months ended in Mar. 2026 was 円664 Mil. atect's Revenue for the six months ended in Mar. 2026 was 円1,726 Mil. Therefore, atect's Gross Margin % for the quarter that ended in Mar. 2026 was 38.49%.

Warning Sign:

atect Corp gross margin has been in long-term decline. The average rate of decline per year is -4.4%.


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

TSE:4241' s Gross Margin % Range Over the Past 10 Years
Min: 39.69   Med: 46.42   Max: 51.1
Current: 39.69


During the past 13 years, the highest Gross Margin % of atect was 51.10%. The lowest was 39.69%. And the median was 46.42%.

TSE:4241's Gross Margin % is ranked better than
76.36% of 516 companies
in the Conglomerates industry
Industry Median: 25.98 vs TSE:4241: 39.69

atect had a gross margin of 38.49% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for atect was -4.40% per year.


atect  (TSE:4241) 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

atect had a gross margin of 38.49% 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.


atect Gross Margin % Related Terms


atect Gross Margin % Historical Data

* Premium members only.

The historical data trend for atect'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.

atect Gross Margin % Chart

atect 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 51.10 46.28 43.40 40.24 39.69

atect 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 41.63 40.21 40.27 40.95 38.49

TSE:4241 vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, atect'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.


atect Gross Margin % vs Conglomerates Industry

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

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


TSE:4241
61GF Score
atect Corp TSE:4241
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

atect Gross Margin % Calculation

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

atect'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 )
=1332.3 / 3357.152
=(Revenue - Cost of Goods Sold) / Revenue
=(3357.152 - 2024.82) / 3357.152
=39.69 %

atect'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 )
=664.3 / 1725.802
=(Revenue - Cost of Goods Sold) / Revenue
=(1725.802 - 1061.474) / 1725.802
=38.49 %

* 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 38.49% mean?
atect (TSE:4241) has a Gross Margin % of 38.49% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on atect and its competitors. This is 17% below median its historical median of 46.42. Over the past decade, atect's Gross Margin % has ranged from 39.69 to 51.10. According to the industry distribution chart, atect ranks #122 out of 516 companies in the Conglomerates industry, placing it in the top 23.6%.
Is atect's Gross Margin % too high?
atect's current Gross Margin % of 38.49% is 17% below median its 10-year median of 46.42. Over the past 10 years, this metric has ranged from a low of 39.69 to a high of 51.10. The Conglomerates industry median Gross Margin % is 25.98. atect's value of 38.49% is 48.2% above this industry median. Based on the distribution chart, atect ranks #122 out of 516 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, atect has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does atect's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, atect ranks #122 out of 516 companies for Gross Margin %. This places atect in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 25.98. atect's value of 38.49% is 48.2% above this benchmark. Historically, atect's own Gross Margin % has ranged from 39.69 to 51.10 over the past decade. While the company's 10-year median is 46.42 vs. the industry median of 25.98, atect 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. atect's current Gross Margin % of 38.49% is 48.2% 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 atect 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. atect's current Gross Margin % is 38.49%, which is 17% below median its own 10-year median of 46.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is atect stock overvalued right now?
Based on GuruFocus' analysis, atect (TSE:4241) is currently considered Fairly Valued. The stock's GF Value™ is 円604.85, compared to a current price of 円644.00 — trading 6.5% above its estimated fair value. The current Gross Margin % is 38.49%, which is 17% below median its 10-year median of 46.42 and 48.2% above the Conglomerates industry median of 25.98. atect's overall GF Score™ is 61/100 with 5 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 atect (TSE:4241), the current Gross Margin % is 38.49% 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 atect (TSE:4241) Overvalued in 2026?

Based on GuruFocus' analysis, atect stock appears to be overvalued. The current stock price of 円644.00 is trading 6.5% above its estimated GF Value™ of 円604.85. GuruFocus considers atect to be Fairly Valued.

Key valuation signals for TSE:4241:

  • Gross Margin %: 38.49% (17% below median its 10-year median of 46.42)
  • GF Value™: 円604.85 vs. price of 円644.00 (6.5% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 48.2% above the Conglomerates median (#122 of 516)

No single metric tells the full story. See the TSE:4241 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


atect Business Description

Address 3275-1, Kami-haneda-cho, Shiga Prefecture, Higashi-omi, JPN, 578-0912
atect Corp is engaged in the sanitary business, which includes hygiene inspection equipment, semiconductor materials business, and PIM business.
61GF Score

Get the complete analysis for TSE:4241

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

円644.00
Price
円604.85
GF Value