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Almetax Manufacturing CoTSE:5928 +0.36%59 Gross Margin % is 20.33% as of Mar. 2026, which is 14% above its 10-year median of 17.86. GuruFocus rates TSE:5928 with a GF Score™ of 59/100 and a GF Value™ of 円242.30 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,729 Construction companies, Almetax Manufacturing Co ranks worse than 52.52% on this metric.
Almetax Manufacturing Co (TSE:5928) 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
Almetax Manufacturing Co had a gross margin of 20.33% 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.
Almetax Manufacturing Co Gross Margin % Related Terms
Almetax Manufacturing Co Gross Margin % Historical Data
* 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:5928 vs TT, JCI, CARR: Gross Margin % Comparison
For the Building Products & Equipment subindustry, Almetax Manufacturing 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.
Almetax Manufacturing Co Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Almetax Manufacturing Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Almetax Manufacturing Co'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.
Almetax Manufacturing Co (TSE:5928) has a Gross Margin % of 20.33% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Almetax Manufacturing Co and its competitors. This is 14% above median its historical median of 17.86. Over the past decade, Almetax Manufacturing Co's Gross Margin % has ranged from 15.73 to 20.33. According to the industry distribution chart, Almetax Manufacturing Co ranks #908 out of 1729 companies in the Construction industry, placing it in the top 52.5%.
Is Almetax Manufacturing Co's Gross Margin % too high?
Almetax Manufacturing Co's current Gross Margin % of 20.33% is 14% above median its 10-year median of 17.86. Over the past 10 years, this metric has ranged from a low of 15.73 to a high of 20.33. The Construction industry median Gross Margin % is 20.80. Almetax Manufacturing Co's value of 20.33% is 2.3% below this industry median. Based on the distribution chart, Almetax Manufacturing Co ranks #908 out of 1729 companies in the Construction industry, which is below the industry midpoint. Overall, Almetax Manufacturing Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Almetax Manufacturing Co's Gross Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Almetax Manufacturing Co ranks #908 out of 1729 companies for Gross Margin %. This places Almetax Manufacturing Co in the lower half of its industry. The industry median Gross Margin % is 20.80. Almetax Manufacturing Co's value of 20.33% is 2.3% below this benchmark. Historically, Almetax Manufacturing Co's own Gross Margin % has ranged from 15.73 to 20.33 over the past decade. While the company's 10-year median is 17.86 vs. the industry median of 20.80, Almetax Manufacturing 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 Construction company?
The median Gross Margin % among Construction companies is 20.80, based on 1,729 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. Almetax Manufacturing Co's current Gross Margin % of 20.33% is 2.3% 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 Almetax Manufacturing Co and its competitors. For the Construction industry, the median Gross Margin % is 20.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Almetax Manufacturing Co's current Gross Margin % is 20.33%, which is 14% above median its own 10-year median of 17.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Almetax Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Almetax Manufacturing Co (TSE:5928) is currently considered Modestly Overvalued. The stock's GF Value™ is 円242.30, compared to a current price of 円282.00 — trading 16.4% above its estimated fair value. The current Gross Margin % is 20.33%, which is 14% above median its 10-year median of 17.86 and 2.3% below the Construction industry median of 20.80. Almetax Manufacturing Co's overall GF Score™ is 59/100 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 Almetax Manufacturing Co (TSE:5928), the current Gross Margin % is 20.33% 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 Almetax Manufacturing Co (TSE:5928) Overvalued in 2026?
Based on GuruFocus' analysis, Almetax Manufacturing Co stock appears to be overvalued.
The current stock price of 円282.00 is trading 16.4% above its estimated GF Value™ of 円242.30.
GuruFocus considers Almetax Manufacturing Co to be Modestly Overvalued.
Key valuation signals for TSE:5928:
Gross Margin %: 20.33% (14% above median its 10-year median of 17.86)
GF Value™: 円242.30 vs. price of 円282.00 (16.4% above fair value)
Industry Position: 2.3% below the Construction median (#908 of 1729)
No single metric tells the full story. See the TSE:5928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Almetax Manufacturing Co Ltd is a Japan-based company that engages in the manufacture and sale of aluminum building materials and civil engineering products. It offers residential design windows, feature windows, bay windows, screen doors, skylights, doors, kitchen doors, and bathroom doors.
59GF Score
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