Kyoei SteelTSE:5440 +1.31%74 Gross Margin % is 11.77% as of Mar. 2026, which is 3% below its 10-year median of 12.18. GuruFocus rates TSE:5440 with a GF Score™ of 74/100 and a GF Value™ of 円2,018.58 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 593 Steel companies, Kyoei Steel ranks better than 50.42% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Kyoei Steel's Gross Profit for the
three
months ended in Mar. 2026 was 円9,699 Mil. Kyoei Steel's Revenue for the
three
months ended in Mar. 2026 was 円82,408 Mil. Therefore, Kyoei Steel's Gross Margin % for the quarter that ended in Mar. 2026 was 11.77%.
The historical rank and industry rank for Kyoei Steel's Gross Margin % or its related term are showing as below:
TSE:5440'
s Gross Margin % Range Over the Past 10 Years
Min: 8.61 Med: 12.18 Max: 14.52
Current: 12.69
During the past 13 years, the highestGross Margin % of Kyoei Steel was 14.52%. The lowest was 8.61%. And the median was 12.18%.
TSE:5440's Gross Margin % is ranked better than 50.42% of 593
companies
in the Steel industry
Industry Median: 12.6
vs TSE:5440: 12.69
Kyoei Steel had a gross margin of 11.77% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Kyoei Steel was 3.70% per year.
Kyoei Steel (TSE:5440) 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
Kyoei Steel had a gross margin of 11.77% 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.
Kyoei Steel Gross Margin % Related Terms
Kyoei Steel Gross Margin % Historical Data
* Premium members only.
The historical data trend for Kyoei Steel'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.
TSE:5440 vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Kyoei Steel'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.
Kyoei Steel Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Kyoei Steel's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kyoei Steel's Gross Margin % falls into.
* 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.
Kyoei Steel (TSE:5440) has a Gross Margin % of 11.77% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kyoei Steel and its competitors. This is near median its historical median of 12.18. Over the past decade, Kyoei Steel's Gross Margin % has ranged from 8.61 to 14.52. According to the industry distribution chart, Kyoei Steel ranks #294 out of 593 companies in the Steel industry, placing it in the top 49.6%.
Is Kyoei Steel's Gross Margin % too high?
Kyoei Steel's current Gross Margin % of 11.77% is near median its 10-year median of 12.18. Over the past 10 years, this metric has ranged from a low of 8.61 to a high of 14.52. The Steel industry median Gross Margin % is 12.60. Kyoei Steel's value of 11.77% is 6.6% below this industry median. Based on the distribution chart, Kyoei Steel ranks #294 out of 593 companies in the Steel industry, which is above the industry midpoint. Overall, Kyoei Steel has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kyoei Steel's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Kyoei Steel ranks #294 out of 593 companies for Gross Margin %. This puts Kyoei Steel in the upper half of its industry. The industry median Gross Margin % is 12.60. Kyoei Steel's value of 11.77% is 6.6% below this benchmark. Historically, Kyoei Steel's own Gross Margin % has ranged from 8.61 to 14.52 over the past decade. While the company's 10-year median is 12.18 vs. the industry median of 12.60, Kyoei Steel 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 Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 593 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. Kyoei Steel's current Gross Margin % of 11.77% is 6.6% 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 Kyoei Steel and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyoei Steel's current Gross Margin % is 11.77%, which is near median its own 10-year median of 12.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyoei Steel stock overvalued right now?
Based on GuruFocus' analysis, Kyoei Steel (TSE:5440) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,018.58, compared to a current price of 円1,781.00 — trading 11.8% below its estimated fair value. The current Gross Margin % is 11.77%, which is near median its 10-year median of 12.18 and 6.6% below the Steel industry median of 12.60. Kyoei Steel's overall GF Score™ is 74/100 with 3 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 Kyoei Steel (TSE:5440), the current Gross Margin % is 11.77% 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 Kyoei Steel (TSE:5440) Overvalued in 2026?
Based on GuruFocus' analysis, Kyoei Steel stock appears to be undervalued.
The current stock price of 円1,781.00 is trading 11.8% below its estimated GF Value™ of 円2,018.58.
GuruFocus considers Kyoei Steel to be Modestly Undervalued.
Key valuation signals for TSE:5440:
Gross Margin %: 11.77% (near median its 10-year median of 12.18)
GF Value™: 円2,018.58 vs. price of 円1,781.00 (11.8% below fair value)
Industry Position: 6.6% below the Steel median (#294 of 593)
No single metric tells the full story. See the TSE:5440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kyoei Steel Ltd is involved in the business Steel and Material recycling. Its primary activities include manufacture, processing, and sale of steel billets and products, collection, transportation and treatment of general, industrial and medical waste, recycling of automobiles and industrial waste, processing assembly of rebars, designing of steel production plants and sale of steelmaking technology. The firm's products include concrete steel bars, flat bars, I-beams, equal angle bars etc.
74GF Score
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