Hokkan Holdings (TSE:5902) Gross Margin %: 18.24% (As of Mar. 2026) — Near Median

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TSE:5902 Hokkan Holdings Ltd TSE:5902
56 GF Score
Price 円2,431.00
GF Value 円1,711.66
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Hokkan Holdings Gross Margin %?

Hokkan Holdings TSE:5902 +0.75% 56 Gross Margin % is 18.24% as of Mar. 2026, which is 7% above its 10-year median of 17.11. GuruFocus rates TSE:5902 with a GF Score™ of 56/100 and a GF Value™ of 円1,711.66 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 385 Packaging & Containers companies, Hokkan Holdings ranks better than 54.81% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hokkan Holdings's Gross Profit for the six months ended in Mar. 2026 was 円7,966 Mil. Hokkan Holdings's Revenue for the six months ended in Mar. 2026 was 円43,663 Mil. Therefore, Hokkan Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 18.24%.


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

TSE:5902' s Gross Margin % Range Over the Past 10 Years
Min: 14.32   Med: 17.11   Max: 23.16
Current: 23.16


During the past 13 years, the highest Gross Margin % of Hokkan Holdings was 23.16%. The lowest was 14.32%. And the median was 17.11%.

TSE:5902's Gross Margin % is ranked better than
54.81% of 385 companies
in the Packaging & Containers industry
Industry Median: 21.28 vs TSE:5902: 23.16

Hokkan Holdings had a gross margin of 18.24% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hokkan Holdings was 9.70% per year.


Hokkan Holdings  (TSE:5902) 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

Hokkan Holdings had a gross margin of 18.24% 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.


Hokkan Holdings Gross Margin % Related Terms


Hokkan Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hokkan Holdings'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.

Hokkan Holdings Gross Margin % Chart

Hokkan Holdings 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 19.49 16.48 22.72 23.02 23.16

Hokkan Holdings 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 18.18 27.11 18.61 27.75 18.24

TSE:5902 vs SW, PKG, IP: Gross Margin % Comparison

For the Packaging & Containers subindustry, Hokkan Holdings'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.


Hokkan Holdings Gross Margin % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hokkan Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hokkan Holdings's Gross Margin % falls into.


TSE:5902
56GF Score
Hokkan Holdings Ltd TSE:5902
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokkan Holdings Gross Margin % Calculation

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

Hokkan Holdings'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 )
=20977 / 90557
=(Revenue - Cost of Goods Sold) / Revenue
=(90557 - 69580) / 90557
=23.16 %

Hokkan Holdings'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 )
=7966 / 43663
=(Revenue - Cost of Goods Sold) / Revenue
=(43663 - 35697) / 43663
=18.24 %

* 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 18.24% mean?
Hokkan Holdings (TSE:5902) has a Gross Margin % of 18.24% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hokkan Holdings and its competitors. This is near median its historical median of 17.11. Over the past decade, Hokkan Holdings' Gross Margin % has ranged from 14.32 to 23.16. According to the industry distribution chart, Hokkan Holdings ranks #174 out of 385 companies in the Packaging & Containers industry, placing it in the top 45.2%.
Is Hokkan Holdings' Gross Margin % too high?
Hokkan Holdings' current Gross Margin % of 18.24% is near median its 10-year median of 17.11. Over the past 10 years, this metric has ranged from a low of 14.32 to a high of 23.16. The Packaging & Containers industry median Gross Margin % is 21.28. Hokkan Holdings' value of 18.24% is 14.3% below this industry median. Based on the distribution chart, Hokkan Holdings ranks #174 out of 385 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Hokkan Holdings has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkan Holdings' Gross Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Hokkan Holdings ranks #174 out of 385 companies for Gross Margin %. This puts Hokkan Holdings in the upper half of its industry. The industry median Gross Margin % is 21.28. Hokkan Holdings' value of 18.24% is 14.3% below this benchmark. Historically, Hokkan Holdings' own Gross Margin % has ranged from 14.32 to 23.16 over the past decade. While the company's 10-year median is 17.11 vs. the industry median of 21.28, Hokkan Holdings 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 Packaging & Containers company?
The median Gross Margin % among Packaging & Containers companies is 21.28, based on 385 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. Hokkan Holdings's current Gross Margin % of 18.24% is 14.3% 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 Hokkan Holdings and its competitors. For the Packaging & Containers industry, the median Gross Margin % is 21.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokkan Holdings's current Gross Margin % is 18.24%, which is near median its own 10-year median of 17.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hokkan Holdings (TSE:5902) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,711.66, compared to a current price of 円2,431.00 — trading 42% above its estimated fair value. The current Gross Margin % is 18.24%, which is near median its 10-year median of 17.11 and 14.3% below the Packaging & Containers industry median of 21.28. Hokkan Holdings' overall GF Score™ is 56/100 with 8 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 Hokkan Holdings (TSE:5902), the current Gross Margin % is 18.24% 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 Hokkan Holdings (TSE:5902) Overvalued in 2026?

Based on GuruFocus' analysis, Hokkan Holdings stock appears to be overvalued. The current stock price of 円2,431.00 is trading 42% above its estimated GF Value™ of 円1,711.66. GuruFocus considers Hokkan Holdings to be Significantly Overvalued.

Key valuation signals for TSE:5902:

  • Gross Margin %: 18.24% (near median its 10-year median of 17.11)
  • GF Value™: 円1,711.66 vs. price of 円2,431.00 (42% above fair value)
  • GF Score™: 56/100 with 8 warning signs
  • Industry Position: 14.3% below the Packaging & Containers median (#174 of 385)

No single metric tells the full story. See the TSE:5902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokkan Holdings Business Description

Address 2-1-1 Muromachi, Nihonbashi, Chuo-ku, 13th floor, Nihonbashi Mitsui Tower, Tokyo, JPN, 100-0005
Hokkan Holdings Ltd is engaged in the packaging and container business. The company's division includes the Container business, Filling business, Overseas business, and Others. The container business includes containers for food and beverages. The filling business consists of containers for various drinks consignment filling, and the Overseas Business, which manufactures and sells beverage packaging overseas, and manufactures beverages on a contract basis.
56GF Score

Get the complete analysis for TSE:5902

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

円2,431.00
Price
円1,711.66
GF Value