Tsubota Laboratory (TSE:4890) Gross Margin %: 43.30% (As of Mar. 2026) — 43% Below Median


TSE:4890 Tsubota Laboratory Inc TSE:4890
63 GF Score
Price 円242.00
GF Value 円83.66
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Tsubota Laboratory Gross Margin %?

Tsubota Laboratory TSE:4890 +4.31% 63 Gross Margin % is 43.30% as of Mar. 2026, which is 43% below its 10-year median of 75.33. GuruFocus rates TSE:4890 with a GF Score™ of 63/100 and a GF Value™ of 円83.66 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 805 Medical Devices & Instruments companies, Tsubota Laboratory ranks better than 72.17% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tsubota Laboratory's Gross Profit for the six months ended in Mar. 2026 was 円42.1 Mil. Tsubota Laboratory's Revenue for the six months ended in Mar. 2026 was 円97.2 Mil. Therefore, Tsubota Laboratory's Gross Margin % for the quarter that ended in Mar. 2026 was 43.30%.

Warning Sign:

Tsubota Laboratory Inc gross margin has been in long-term decline. The average rate of decline per year is -12.4%.


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

TSE:4890' s Gross Margin % Range Over the Past 10 Years
Min: 3.17   Med: 75.33   Max: 88.26
Current: 65.78


During the past 7 years, the highest Gross Margin % of Tsubota Laboratory was 88.26%. The lowest was 3.17%. And the median was 75.33%.

TSE:4890's Gross Margin % is ranked better than
72.17% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 52.07 vs TSE:4890: 65.78

Tsubota Laboratory had a gross margin of 43.30% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tsubota Laboratory was -12.40% per year.


Tsubota Laboratory  (TSE:4890) 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

Tsubota Laboratory had a gross margin of 43.30% 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.


Tsubota Laboratory Gross Margin % Related Terms


Tsubota Laboratory Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tsubota Laboratory'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.

Tsubota Laboratory Gross Margin % Chart

Tsubota Laboratory Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 86.91 75.33 3.17 86.72 65.78

Tsubota Laboratory Semi-Annual Data
Mar20 Mar21 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 15.88 99.69 79.47 87.04 43.30

TSE:4890 vs ABT, SYK, MDT: Gross Margin % Comparison

For the Medical Devices subindustry, Tsubota Laboratory'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.


Tsubota Laboratory Gross Margin % vs Medical Devices & Instruments Industry

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

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


TSE:4890
63GF Score
Tsubota Laboratory Inc TSE:4890
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tsubota Laboratory Gross Margin % Calculation

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

Tsubota Laboratory'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 )
=131.6 / 200.022
=(Revenue - Cost of Goods Sold) / Revenue
=(200.022 - 68.453) / 200.022
=65.78 %

Tsubota Laboratory'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 )
=42.1 / 97.234
=(Revenue - Cost of Goods Sold) / Revenue
=(97.234 - 55.128) / 97.234
=43.30 %

* 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 43.30% mean?
Tsubota Laboratory (TSE:4890) has a Gross Margin % of 43.30% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tsubota Laboratory and its competitors. This is 43% below median its historical median of 75.33. Over the past decade, Tsubota Laboratory's Gross Margin % has ranged from 3.17 to 88.26. According to the industry distribution chart, Tsubota Laboratory ranks #224 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 27.8%.
Is Tsubota Laboratory's Gross Margin % too high?
Tsubota Laboratory's current Gross Margin % of 43.30% is 43% below median its 10-year median of 75.33. Over the past 10 years, this metric has ranged from a low of 3.17 to a high of 88.26. The Medical Devices & Instruments industry median Gross Margin % is 52.07. Tsubota Laboratory's value of 43.30% is 16.8% below this industry median. Based on the distribution chart, Tsubota Laboratory ranks #224 out of 805 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Tsubota Laboratory has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tsubota Laboratory's Gross Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Tsubota Laboratory ranks #224 out of 805 companies for Gross Margin %. This puts Tsubota Laboratory in the upper half of its industry. The industry median Gross Margin % is 52.07. Tsubota Laboratory's value of 43.30% is 16.8% below this benchmark. Historically, Tsubota Laboratory's own Gross Margin % has ranged from 3.17 to 88.26 over the past decade. While the company's 10-year median is 75.33 vs. the industry median of 52.07, Tsubota Laboratory 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 52.07, 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. Tsubota Laboratory's current Gross Margin % of 43.30% is 16.8% 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 Tsubota Laboratory and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsubota Laboratory's current Gross Margin % is 43.30%, which is 43% below median its own 10-year median of 75.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsubota Laboratory stock overvalued right now?
Based on GuruFocus' analysis, Tsubota Laboratory (TSE:4890) is currently considered Significantly Overvalued. The stock's GF Value™ is 円83.66, compared to a current price of 円242.00 — trading 189.3% above its estimated fair value. The current Gross Margin % is 43.30%, which is 43% below median its 10-year median of 75.33 and 16.8% below the Medical Devices & Instruments industry median of 52.07. Tsubota Laboratory's overall GF Score™ is 63/100 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 Tsubota Laboratory (TSE:4890), the current Gross Margin % is 43.30% 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 Tsubota Laboratory (TSE:4890) Overvalued in 2026?

Based on GuruFocus' analysis, Tsubota Laboratory stock appears to be overvalued. The current stock price of 円242.00 is trading 189.3% above its estimated GF Value™ of 円83.66. GuruFocus considers Tsubota Laboratory to be Significantly Overvalued.

Key valuation signals for TSE:4890:

  • Gross Margin %: 43.30% (43% below median its 10-year median of 75.33)
  • GF Value™: 円83.66 vs. price of 円242.00 (189.3% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 16.8% below the Medical Devices & Instruments median (#224 of 805)

No single metric tells the full story. See the TSE:4890 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsubota Laboratory Business Description

Address 34 Shinanomachi, 304 Toshin Shinanomachi-ekimae Building, Shinjuku-ku, Tokyo, JPN, 160-0016
Tsubota Laboratory Inc is engaged in the research and development of pharmaceuticals and medical devices for the treatment of myopia, dry eyes, and presbyopia.
63GF Score

Get the complete analysis for TSE:4890

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

円242.00
Price
円83.66
GF Value