Eiken Chemical Co (TSE:4549) Gross Margin %: 33.78% (As of Mar. 2026) — 22% Below Median


TSE:4549 Eiken Chemical Co Ltd TSE:4549
78 GF Score
Price 円2,555.00
GF Value 円2,479.26
Valuation Fairly Valued
! 4 Warning Signs
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What is Eiken Chemical Co Gross Margin %?

Eiken Chemical Co TSE:4549 +0.35% 78 Gross Margin % is 33.78% as of Mar. 2026, which is 22% below its 10-year median of 43.22. GuruFocus rates TSE:4549 with a GF Score™ of 78/100 and a GF Value™ of 円2,479.26 (Fairly Valued). The stock has 4 warning signs investors should review. Among 805 Medical Devices & Instruments companies, Eiken Chemical Co ranks worse than 69.81% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Eiken Chemical Co's Gross Profit for the three months ended in Mar. 2026 was 円3,554 Mil. Eiken Chemical Co's Revenue for the three months ended in Mar. 2026 was 円10,522 Mil. Therefore, Eiken Chemical Co's Gross Margin % for the quarter that ended in Mar. 2026 was 33.78%.

Warning Sign:

Eiken Chemical Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.7%.


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

TSE:4549' s Gross Margin % Range Over the Past 10 Years
Min: 38.6   Med: 43.22   Max: 47.92
Current: 38.61


During the past 13 years, the highest Gross Margin % of Eiken Chemical Co was 47.92%. The lowest was 38.60%. And the median was 43.22%.

TSE:4549's Gross Margin % is ranked worse than
69.81% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 51.94 vs TSE:4549: 38.61

Eiken Chemical Co had a gross margin of 33.78% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Eiken Chemical Co was -4.70% per year.


Eiken Chemical Co  (TSE:4549) 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

Eiken Chemical Co had a gross margin of 33.78% 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.


Eiken Chemical Co Gross Margin % Related Terms


Eiken Chemical Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Eiken Chemical 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.

Eiken Chemical Co Gross Margin % Chart

Eiken Chemical Co 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 47.84 47.39 41.75 40.73 38.60

Eiken Chemical Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 37.77 40.24 41.71 38.82 33.78

TSE:4549 vs ABT, SYK, MDT: Gross Margin % Comparison

For the Medical Devices subindustry, Eiken Chemical 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.


Eiken Chemical Co Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Eiken Chemical Co's Gross Margin % distribution charts can be found below:

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


TSE:4549
78GF Score
Eiken Chemical Co Ltd TSE:4549
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eiken Chemical Co Gross Margin % Calculation

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

Eiken Chemical Co'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 )
=16175 / 41899
=(Revenue - Cost of Goods Sold) / Revenue
=(41899 - 25724) / 41899
=38.60 %

Eiken Chemical 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 )
=3554 / 10522
=(Revenue - Cost of Goods Sold) / Revenue
=(10522 - 6968) / 10522
=33.78 %

* 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 33.78% mean?
Eiken Chemical Co (TSE:4549) has a Gross Margin % of 33.78% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Eiken Chemical Co and its competitors. This is 22% below median its historical median of 43.22. Over the past decade, Eiken Chemical Co's Gross Margin % has ranged from 38.60 to 47.92. According to the industry distribution chart, Eiken Chemical Co ranks #562 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 69.8%.
Is Eiken Chemical Co's Gross Margin % too high?
Eiken Chemical Co's current Gross Margin % of 33.78% is 22% below median its 10-year median of 43.22. Over the past 10 years, this metric has ranged from a low of 38.60 to a high of 47.92. The Medical Devices & Instruments industry median Gross Margin % is 51.94. Eiken Chemical Co's value of 33.78% is 35% below this industry median. Based on the distribution chart, Eiken Chemical Co ranks #562 out of 805 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Eiken Chemical Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eiken Chemical Co's Gross Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Eiken Chemical Co ranks #562 out of 805 companies for Gross Margin %. This places Eiken Chemical Co in the lower half of its industry. The industry median Gross Margin % is 51.94. Eiken Chemical Co's value of 33.78% is 35% below this benchmark. Historically, Eiken Chemical Co's own Gross Margin % has ranged from 38.60 to 47.92 over the past decade. While the company's 10-year median is 43.22 vs. the industry median of 51.94, Eiken Chemical Co 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 Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 51.94, based on 805 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. Eiken Chemical Co's current Gross Margin % of 33.78% is 35% 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 Eiken Chemical Co and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 51.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eiken Chemical Co's current Gross Margin % is 33.78%, which is 22% below median its own 10-year median of 43.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eiken Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Eiken Chemical Co (TSE:4549) is currently considered Fairly Valued. The stock's GF Value™ is 円2,479.26, compared to a current price of 円2,555.00 — trading 3.1% above its estimated fair value. The current Gross Margin % is 33.78%, which is 22% below median its 10-year median of 43.22 and 35% below the Medical Devices & Instruments industry median of 51.94. Eiken Chemical Co's overall GF Score™ is 78/100 with 4 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 Eiken Chemical Co (TSE:4549), the current Gross Margin % is 33.78% 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 Eiken Chemical Co (TSE:4549) Overvalued in 2026?

Based on GuruFocus' analysis, Eiken Chemical Co stock appears to be overvalued. The current stock price of 円2,555.00 is trading 3.1% above its estimated GF Value™ of 円2,479.26. GuruFocus considers Eiken Chemical Co to be Fairly Valued.

Key valuation signals for TSE:4549:

  • Gross Margin %: 33.78% (22% below median its 10-year median of 43.22)
  • GF Value™: 円2,479.26 vs. price of 円2,555.00 (3.1% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 35% below the Medical Devices & Instruments median (#562 of 805)

No single metric tells the full story. See the TSE:4549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eiken Chemical Co Business Description

Address 4-19-9 Taito, Taito-ku, Tokyo, JPN, 110-8408
Eiken Chemical Co Ltd is a Japan-based company. It manufactures and sells clinical diagnostics and equipment. The company is engaged in processing, manufacture, purchase and sale of test agents, property and casualty insurance agency business. It as a general manufacturer of clinical diagnostics offers a wide range of in vitro diagnostic aids for all fields of medicine. Its major products include the Fecal immunochemical test, Molecular Genetics (LAMP), Microbiology, among many others.
78GF Score

Get the complete analysis for TSE:4549

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

円2,555.00
Price
円2,479.26
GF Value