Yotai Refractories Co (TSE:5357) Gross Margin %: 23.48% (As of Mar. 2026) — Near Median

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TSE:5357 Yotai Refractories Co Ltd TSE:5357
80 GF Score
Price 円1,757.00
GF Value 円1,768.80
Valuation Fairly Valued
! 5 Warning Signs
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What is Yotai Refractories Co Gross Margin %?

Yotai Refractories Co TSE:5357 +0.75% 80 Gross Margin % is 23.48% as of Mar. 2026, which is 6% above its 10-year median of 22.15. GuruFocus rates TSE:5357 with a GF Score™ of 80/100 and a GF Value™ of 円1,768.80 (Fairly Valued). The stock has 5 warning signs investors should review. Among 396 Building Materials companies, Yotai Refractories Co ranks worse than 61.87% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Yotai Refractories Co's Gross Profit for the six months ended in Mar. 2026 was 円3,669 Mil. Yotai Refractories Co's Revenue for the six months ended in Mar. 2026 was 円15,627 Mil. Therefore, Yotai Refractories Co's Gross Margin % for the quarter that ended in Mar. 2026 was 23.48%.

Warning Sign:

Yotai Refractories Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


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

TSE:5357' s Gross Margin % Range Over the Past 10 Years
Min: 18.23   Med: 22.15   Max: 26.14
Current: 21.54


During the past 13 years, the highest Gross Margin % of Yotai Refractories Co was 26.14%. The lowest was 18.23%. And the median was 22.15%.

TSE:5357's Gross Margin % is ranked worse than
61.87% of 396 companies
in the Building Materials industry
Industry Median: 26.19 vs TSE:5357: 21.54

Yotai Refractories Co had a gross margin of 23.48% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Yotai Refractories Co was -1.10% per year.


Yotai Refractories Co  (TSE:5357) 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

Yotai Refractories Co had a gross margin of 23.48% 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.


Yotai Refractories Co Gross Margin % Related Terms


Yotai Refractories Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Yotai Refractories 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.

Yotai Refractories Co Gross Margin % Chart

Yotai Refractories 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 24.50 22.75 21.24 21.26 21.54

Yotai Refractories 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 21.83 20.44 22.06 19.37 23.48

TSE:5357 vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, Yotai Refractories 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.


Yotai Refractories Co Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Yotai Refractories Co's Gross Margin % distribution charts can be found below:

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


TSE:5357
80GF Score
Yotai Refractories Co Ltd TSE:5357
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Yotai Refractories Co Gross Margin % Calculation

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

Yotai Refractories 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 )
=6373.1 / 29585.03
=(Revenue - Cost of Goods Sold) / Revenue
=(29585.03 - 23211.881) / 29585.03
=21.54 %

Yotai Refractories 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 )
=3669.5 / 15627.391
=(Revenue - Cost of Goods Sold) / Revenue
=(15627.391 - 11957.905) / 15627.391
=23.48 %

* 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 23.48% mean?
Yotai Refractories Co (TSE:5357) has a Gross Margin % of 23.48% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Yotai Refractories Co and its competitors. This is near median its historical median of 22.15. Over the past decade, Yotai Refractories Co's Gross Margin % has ranged from 18.23 to 26.14. According to the industry distribution chart, Yotai Refractories Co ranks #245 out of 396 companies in the Building Materials industry, placing it in the top 61.9%.
Is Yotai Refractories Co's Gross Margin % too high?
Yotai Refractories Co's current Gross Margin % of 23.48% is near median its 10-year median of 22.15. Over the past 10 years, this metric has ranged from a low of 18.23 to a high of 26.14. The Building Materials industry median Gross Margin % is 26.19. Yotai Refractories Co's value of 23.48% is 10.3% below this industry median. Based on the distribution chart, Yotai Refractories Co ranks #245 out of 396 companies in the Building Materials industry, which is below the industry midpoint. Overall, Yotai Refractories Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yotai Refractories Co's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Yotai Refractories Co ranks #245 out of 396 companies for Gross Margin %. This places Yotai Refractories Co in the lower half of its industry. The industry median Gross Margin % is 26.19. Yotai Refractories Co's value of 23.48% is 10.3% below this benchmark. Historically, Yotai Refractories Co's own Gross Margin % has ranged from 18.23 to 26.14 over the past decade. While the company's 10-year median is 22.15 vs. the industry median of 26.19, Yotai Refractories 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 Building Materials company?
The median Gross Margin % among Building Materials companies is 26.19, based on 396 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. Yotai Refractories Co's current Gross Margin % of 23.48% is 10.3% 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 Yotai Refractories Co and its competitors. For the Building Materials industry, the median Gross Margin % is 26.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yotai Refractories Co's current Gross Margin % is 23.48%, which is near median its own 10-year median of 22.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yotai Refractories Co stock overvalued right now?
Based on GuruFocus' analysis, Yotai Refractories Co (TSE:5357) is currently considered Fairly Valued. The stock's GF Value™ is 円1,768.80, compared to a current price of 円1,757.00 — trading 0.7% below its estimated fair value. The current Gross Margin % is 23.48%, which is near median its 10-year median of 22.15 and 10.3% below the Building Materials industry median of 26.19. Yotai Refractories Co's overall GF Score™ is 80/100 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 Yotai Refractories Co (TSE:5357), the current Gross Margin % is 23.48% 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 Yotai Refractories Co (TSE:5357) Overvalued in 2026?

Based on GuruFocus' analysis, Yotai Refractories Co stock appears to be undervalued. The current stock price of 円1,757.00 is trading 0.7% below its estimated GF Value™ of 円1,768.80. GuruFocus considers Yotai Refractories Co to be Fairly Valued.

Key valuation signals for TSE:5357:

  • Gross Margin %: 23.48% (near median its 10-year median of 22.15)
  • GF Value™: 円1,768.80 vs. price of 円1,757.00 (0.7% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 10.3% below the Building Materials median (#245 of 396)

No single metric tells the full story. See the TSE:5357 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yotai Refractories Co Business Description

Address 8-1 Nishikinaka-cho, Osaka, JPN
Yotai Refractories Co Ltd manufactures and sells fire bricks, monolithic refractories, and ceramics in Japan. The company is also engaged in the engineering and construction of various furnaces.
80GF Score

Get the complete analysis for TSE:5357

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

円1,757.00
Price
円1,768.80
GF Value