Shinto Paint Co (TSE:4615) Gross Margin %: 16.90% (As of Mar. 2026) — Near Median

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TSE:4615 Shinto Paint Co Ltd TSE:4615
50 GF Score
Price 円128.00
GF Value 円129.72
Valuation Fairly Valued
! 6 Warning Signs
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What is Shinto Paint Co Gross Margin %?

Shinto Paint Co TSE:4615 50 Gross Margin % is 16.90% as of Mar. 2026, which is 7% below its 10-year median of 18.21. GuruFocus rates TSE:4615 with a GF Score™ of 50/100 and a GF Value™ of 円129.72 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,559 Chemicals companies, Shinto Paint Co ranks worse than 67.42% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shinto Paint Co's Gross Profit for the six months ended in Mar. 2026 was 円1,827 Mil. Shinto Paint Co's Revenue for the six months ended in Mar. 2026 was 円10,812 Mil. Therefore, Shinto Paint Co's Gross Margin % for the quarter that ended in Mar. 2026 was 16.90%.


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

TSE:4615' s Gross Margin % Range Over the Past 10 Years
Min: 12.1   Med: 18.21   Max: 22.09
Current: 16.86


During the past 13 years, the highest Gross Margin % of Shinto Paint Co was 22.09%. The lowest was 12.10%. And the median was 18.21%.

TSE:4615's Gross Margin % is ranked worse than
67.42% of 1559 companies
in the Chemicals industry
Industry Median: 23.52 vs TSE:4615: 16.86

Shinto Paint Co had a gross margin of 16.90% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shinto Paint Co was -0.80% per year.


Shinto Paint Co  (TSE:4615) 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

Shinto Paint Co had a gross margin of 16.90% for the quarter that ended in Mar. 2026 => No sustainable 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.


Shinto Paint Co Gross Margin % Related Terms


Shinto Paint Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shinto Paint 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.

Shinto Paint Co Gross Margin % Chart

Shinto Paint 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 17.54 12.10 15.51 17.61 16.86

Shinto Paint Co 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 16.38 17.65 17.57 16.82 16.90

TSE:4615 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Shinto Paint 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.


Shinto Paint Co Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shinto Paint Co's Gross Margin % distribution charts can be found below:

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


TSE:4615
50GF Score
Shinto Paint Co Ltd TSE:4615
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shinto Paint Co Gross Margin % Calculation

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

Shinto Paint 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 )
=3622 / 21481
=(Revenue - Cost of Goods Sold) / Revenue
=(21481 - 17859) / 21481
=16.86 %

Shinto Paint 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 )
=1827 / 10812
=(Revenue - Cost of Goods Sold) / Revenue
=(10812 - 8985) / 10812
=16.90 %

* 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 16.90% mean?
Shinto Paint Co (TSE:4615) has a Gross Margin % of 16.90% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shinto Paint Co and its competitors. This is near median its historical median of 18.21. Over the past decade, Shinto Paint Co's Gross Margin % has ranged from 12.10 to 22.09. According to the industry distribution chart, Shinto Paint Co ranks #1051 out of 1559 companies in the Chemicals industry, placing it in the top 67.4%.
Is Shinto Paint Co's Gross Margin % too high?
Shinto Paint Co's current Gross Margin % of 16.90% is near median its 10-year median of 18.21. Over the past 10 years, this metric has ranged from a low of 12.10 to a high of 22.09. The Chemicals industry median Gross Margin % is 23.52. Shinto Paint Co's value of 16.90% is 28.1% below this industry median. Based on the distribution chart, Shinto Paint Co ranks #1051 out of 1559 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shinto Paint Co has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shinto Paint Co's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shinto Paint Co ranks #1051 out of 1559 companies for Gross Margin %. This places Shinto Paint Co in the lower half of its industry. The industry median Gross Margin % is 23.52. Shinto Paint Co's value of 16.90% is 28.1% below this benchmark. Historically, Shinto Paint Co's own Gross Margin % has ranged from 12.10 to 22.09 over the past decade. While the company's 10-year median is 18.21 vs. the industry median of 23.52, Shinto Paint 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.52, based on 1,559 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. Shinto Paint Co's current Gross Margin % of 16.90% is 28.1% 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 Shinto Paint Co and its competitors. For the Chemicals industry, the median Gross Margin % is 23.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinto Paint Co's current Gross Margin % is 16.90%, which is near median its own 10-year median of 18.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinto Paint Co stock overvalued right now?
Based on GuruFocus' analysis, Shinto Paint Co (TSE:4615) is currently considered Fairly Valued. The stock's GF Value™ is 円129.72, compared to a current price of 円128.00 — trading 1.3% below its estimated fair value. The current Gross Margin % is 16.90%, which is near median its 10-year median of 18.21 and 28.1% below the Chemicals industry median of 23.52. Shinto Paint Co's overall GF Score™ is 50/100 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 Shinto Paint Co (TSE:4615), the current Gross Margin % is 16.90% 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 Shinto Paint Co (TSE:4615) Overvalued in 2026?

Based on GuruFocus' analysis, Shinto Paint Co stock appears to be undervalued. The current stock price of 円128.00 is trading 1.3% below its estimated GF Value™ of 円129.72. GuruFocus considers Shinto Paint Co to be Fairly Valued.

Key valuation signals for TSE:4615:

  • Gross Margin %: 16.90% (near median its 10-year median of 18.21)
  • GF Value™: 円129.72 vs. price of 円128.00 (1.3% below fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 28.1% below the Chemicals median (#1051 of 1559)

No single metric tells the full story. See the TSE:4615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinto Paint Co Business Description

Address 6-10-73 Minamitsukaguchi-cho, Amagasaki-shi, Hyogo, Amagasaki, JPN, 661-8511
Shinto Paint Co Ltd is engaged in manufacturing, processing and selling paints, pigments, synthetic fats/oils, fats/oils, and chemicals in Japan and internationally. It also provides electronic equipment, optical communication equipment, magnetic equipment, parts, components, and their materials; painting facilities, related machinery equipment, tools, devices, and materials; and civil engineering and construction materials, as well as housing materials.
50GF Score

Get the complete analysis for TSE:4615

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

円128.00
Price
円129.72
GF Value