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Mory IndustriesTSE:5464 +2.35%70 Gross Margin % is 23.93% as of Mar. 2026, which is 0% below its 10-year median of 23.95. GuruFocus rates TSE:5464 with a GF Score™ of 70/100 and a GF Value™ of 円880.43 (Fairly Valued). The stock has 2 warning signs investors should review. Among 593 Steel companies, Mory Industries ranks better than 77.23% on this metric.
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
Mory Industries had a gross margin of 23.93% 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.
Mory Industries Gross Margin % Related Terms
Mory Industries Gross Margin % Historical Data
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The historical data trend for Mory Industries'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:5464 vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Mory Industries'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.
Mory Industries Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Mory Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mory Industries'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.
Mory Industries (TSE:5464) has a Gross Margin % of 23.93% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mory Industries and its competitors. This is near median its historical median of 23.95. Over the past decade, Mory Industries' Gross Margin % has ranged from 22.30 to 25.78. According to the industry distribution chart, Mory Industries ranks #135 out of 593 companies in the Steel industry, placing it in the top 22.8%.
Is Mory Industries' Gross Margin % too high?
Mory Industries' current Gross Margin % of 23.93% is near median its 10-year median of 23.95. Over the past 10 years, this metric has ranged from a low of 22.30 to a high of 25.78. The Steel industry median Gross Margin % is 12.60. Mory Industries' value of 23.93% is 89.9% above this industry median. Based on the distribution chart, Mory Industries ranks #135 out of 593 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mory Industries has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mory Industries' Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Mory Industries ranks #135 out of 593 companies for Gross Margin %. This places Mory Industries in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.60. Mory Industries' value of 23.93% is 89.9% above this benchmark. Historically, Mory Industries' own Gross Margin % has ranged from 22.30 to 25.78 over the past decade. While the company's 10-year median is 23.95 vs. the industry median of 12.60, Mory Industries 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 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. Mory Industries's current Gross Margin % of 23.93% is 89.9% 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 Mory Industries 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. Mory Industries's current Gross Margin % is 23.93%, which is near median its own 10-year median of 23.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mory Industries stock overvalued right now?
Based on GuruFocus' analysis, Mory Industries (TSE:5464) is currently considered Fairly Valued. The stock's GF Value™ is 円880.43, compared to a current price of 円959.00 — trading 8.9% above its estimated fair value. The current Gross Margin % is 23.93%, which is near median its 10-year median of 23.95 and 89.9% above the Steel industry median of 12.60. Mory Industries' overall GF Score™ is 70/100 with 2 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 Mory Industries (TSE:5464), the current Gross Margin % is 23.93% 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 Mory Industries (TSE:5464) Overvalued in 2026?
Based on GuruFocus' analysis, Mory Industries stock appears to be overvalued.
The current stock price of 円959.00 is trading 8.9% above its estimated GF Value™ of 円880.43.
GuruFocus considers Mory Industries to be Fairly Valued.
Key valuation signals for TSE:5464:
Gross Margin %: 23.93% (near median its 10-year median of 23.95)
GF Value™: 円880.43 vs. price of 円959.00 (8.9% above fair value)
Industry Position: 89.9% above the Steel median (#135 of 593)
No single metric tells the full story. See the TSE:5464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mory Industries Inc is a Japan-based steel manufacturer. The company is mainly engaged in the manufacturing and sales steel products including stainless steel pipes and tubes, stainless steel flat bars, angle bars, round bars and processing goods of stainless product, welded carbon steel tubes and automatic tube cutting machines.
70GF Score
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