Asahi Concrete Works Co (TSE:5268) Gross Margin %: 23.61% (As of Mar. 2026) — 28% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:5268 Asahi Concrete Works Co Ltd TSE:5268
65 GF Score
Price 円819.00
GF Value 円817.39
Valuation Fairly Valued
View Full Analysis

What is Asahi Concrete Works Co Gross Margin %?

Asahi Concrete Works Co TSE:5268 -1.68% 65 Gross Margin % is 23.61% as of Mar. 2026, which is 28% above its 10-year median of 18.40. GuruFocus rates TSE:5268 with a GF Score™ of 65/100 and a GF Value™ of 円817.39 (Fairly Valued). Among 1,725 Construction companies, Asahi Concrete Works Co ranks better than 50.96% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Asahi Concrete Works Co's Gross Profit for the six months ended in Mar. 2026 was 円1,102 Mil. Asahi Concrete Works Co's Revenue for the six months ended in Mar. 2026 was 円4,667 Mil. Therefore, Asahi Concrete Works Co's Gross Margin % for the quarter that ended in Mar. 2026 was 23.61%.


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

TSE:5268' s Gross Margin % Range Over the Past 10 Years
Min: 13.94   Med: 18.4   Max: 21.31
Current: 21.31


During the past 13 years, the highest Gross Margin % of Asahi Concrete Works Co was 21.31%. The lowest was 13.94%. And the median was 18.40%.

TSE:5268's Gross Margin % is ranked better than
50.96% of 1725 companies
in the Construction industry
Industry Median: 20.7 vs TSE:5268: 21.31

Asahi Concrete Works Co had a gross margin of 23.61% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Asahi Concrete Works Co was 3.20% per year.


Asahi Concrete Works Co  (TSE:5268) 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

Asahi Concrete Works Co had a gross margin of 23.61% 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.


Asahi Concrete Works Co Gross Margin % Related Terms


Asahi Concrete Works Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Asahi Concrete Works 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.

Asahi Concrete Works Co Gross Margin % Chart

Asahi Concrete Works 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 20.09 19.79 19.27 21.10 21.31

Asahi Concrete Works 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 17.41 24.48 18.26 17.68 23.61

TSE:5268 vs TT, JCI, CARR: Gross Margin % Comparison

For the Building Products & Equipment subindustry, Asahi Concrete Works 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.


Asahi Concrete Works Co Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Asahi Concrete Works Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Asahi Concrete Works Co's Gross Margin % falls into.


TSE:5268
65GF Score
Asahi Concrete Works Co Ltd TSE:5268
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Concrete Works Co Gross Margin % Calculation

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

Asahi Concrete Works 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 )
=1627.1 / 7636.533
=(Revenue - Cost of Goods Sold) / Revenue
=(7636.533 - 6009.412) / 7636.533
=21.31 %

Asahi Concrete Works 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 )
=1102.1 / 4667.162
=(Revenue - Cost of Goods Sold) / Revenue
=(4667.162 - 3565.077) / 4667.162
=23.61 %

* 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 23.61% mean?
Asahi Concrete Works Co (TSE:5268) has a Gross Margin % of 23.61% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Asahi Concrete Works Co and its competitors. This is 28% above median its historical median of 18.40. Over the past decade, Asahi Concrete Works Co's Gross Margin % has ranged from 13.94 to 21.31. According to the industry distribution chart, Asahi Concrete Works Co ranks #846 out of 1725 companies in the Construction industry, placing it in the top 49%.
Is Asahi Concrete Works Co's Gross Margin % too high?
Asahi Concrete Works Co's current Gross Margin % of 23.61% is 28% above median its 10-year median of 18.40. Over the past 10 years, this metric has ranged from a low of 13.94 to a high of 21.31. The Construction industry median Gross Margin % is 20.70. Asahi Concrete Works Co's value of 23.61% is 14.1% above this industry median. Based on the distribution chart, Asahi Concrete Works Co ranks #846 out of 1725 companies in the Construction industry, which is above the industry midpoint. Overall, Asahi Concrete Works Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asahi Concrete Works Co's Gross Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Asahi Concrete Works Co ranks #846 out of 1725 companies for Gross Margin %. This puts Asahi Concrete Works Co in the upper half of its industry. The industry median Gross Margin % is 20.70. Asahi Concrete Works Co's value of 23.61% is 14.1% above this benchmark. Historically, Asahi Concrete Works Co's own Gross Margin % has ranged from 13.94 to 21.31 over the past decade. While the company's 10-year median is 18.40 vs. the industry median of 20.70, Asahi Concrete Works 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 Construction company?
The median Gross Margin % among Construction companies is 20.70, based on 1,725 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. Asahi Concrete Works Co's current Gross Margin % of 23.61% is 14.1% 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 Asahi Concrete Works Co and its competitors. For the Construction industry, the median Gross Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Concrete Works Co's current Gross Margin % is 23.61%, which is 28% above median its own 10-year median of 18.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Concrete Works Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Concrete Works Co (TSE:5268) is currently considered Fairly Valued. The stock's GF Value™ is 円817.39, compared to a current price of 円819.00 — trading 0.2% above its estimated fair value. The current Gross Margin % is 23.61%, which is 28% above median its 10-year median of 18.40 and 14.1% above the Construction industry median of 20.70. Asahi Concrete Works Co's overall GF Score™ is 65/100. 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 Asahi Concrete Works Co (TSE:5268), the current Gross Margin % is 23.61% 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 Asahi Concrete Works Co (TSE:5268) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Concrete Works Co stock appears to be overvalued. The current stock price of 円819.00 is trading 0.2% above its estimated GF Value™ of 円817.39. GuruFocus considers Asahi Concrete Works Co to be Fairly Valued.

Key valuation signals for TSE:5268:

  • Gross Margin %: 23.61% (28% above median its 10-year median of 18.40)
  • GF Value™: 円817.39 vs. price of 円819.00 (0.2% above fair value)
  • GF Score™: 65/100
  • Industry Position: 14.1% above the Construction median (#846 of 1725)

No single metric tells the full story. See the TSE:5268 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Concrete Works Co Business Description

Address 1-8-2 Tsukiji, Chuo-ku, Tokyo, JPN, 104-0045
Asahi Concrete Works Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of cement products. Its products include fume pipes, box culverts, connecting holes, multi-purpose underground utility conduits, home garages, and other related materials.
65GF Score

Get the complete analysis for TSE:5268

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

円819.00
Price
円817.39
GF Value