Aqualine (TSE:6173) Gross Margin %: 36.53% (As of Feb. 2026) — 19% Below Median


TSE:6173 Aqualine Ltd TSE:6173
44 GF Score
Price 円13.00
GF Value 円44.87
Valuation Possible Value Trap
! 10 Warning Signs
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What is Aqualine Gross Margin %?

Aqualine TSE:6173 44 Gross Margin % is 36.53% as of Feb. 2026, which is 19% below its 10-year median of 44.85. GuruFocus rates TSE:6173 with a GF Score™ of 44/100 and a GF Value™ of 円44.87 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,007 Business Services companies, Aqualine ranks worse than 53.62% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Aqualine's Gross Profit for the six months ended in Feb. 2026 was 円263 Mil. Aqualine's Revenue for the six months ended in Feb. 2026 was 円719 Mil. Therefore, Aqualine's Gross Margin % for the quarter that ended in Feb. 2026 was 36.53%.

Warning Sign:

Aqualine Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.2%.


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

TSE:6173' s Gross Margin % Range Over the Past 10 Years
Min: 32.13   Med: 44.85   Max: 47.16
Current: 32.13


During the past 12 years, the highest Gross Margin % of Aqualine was 47.16%. The lowest was 32.13%. And the median was 44.85%.

TSE:6173's Gross Margin % is ranked worse than
53.62% of 1007 companies
in the Business Services industry
Industry Median: 34.5 vs TSE:6173: 32.13

Aqualine had a gross margin of 36.53% for the quarter that ended in Feb. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Aqualine was -4.20% per year.


Aqualine  (TSE:6173) 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

Aqualine had a gross margin of 36.53% for the quarter that ended in Feb. 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.


Aqualine Gross Margin % Related Terms


Aqualine Gross Margin % Historical Data

* Premium members only.

The historical data trend for Aqualine'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.

Aqualine Gross Margin % Chart

Aqualine Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.80 44.89 40.73 45.28 32.13

Aqualine Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 40.28 17.57 83.69 29.29 36.53

TSE:6173 vs CTAS, CPRT, GPN: Gross Margin % Comparison

For the Specialty Business Services subindustry, Aqualine'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.


Aqualine Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Aqualine's Gross Margin % distribution charts can be found below:

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


TSE:6173
44GF Score
Aqualine Ltd TSE:6173
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aqualine Gross Margin % Calculation

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

Aqualine's Gross Margin for the fiscal year that ended in Feb. 2026 is calculated as

Gross Margin % (A: Feb. 2026 )=Gross Profit (A: Feb. 2026 ) / Revenue (A: Feb. 2026 )
=589.5 / 1834.776
=(Revenue - Cost of Goods Sold) / Revenue
=(1834.776 - 1245.304) / 1834.776
=32.13 %

Aqualine's Gross Margin for the quarter that ended in Feb. 2026 is calculated as


Gross Margin % (Q: Feb. 2026 )=Gross Profit (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=262.8 / 719.427
=(Revenue - Cost of Goods Sold) / Revenue
=(719.427 - 456.638) / 719.427
=36.53 %

* 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 36.53% mean?
Aqualine (TSE:6173) has a Gross Margin % of 36.53% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Aqualine and its competitors. This is 19% below median its historical median of 44.85. Over the past decade, Aqualine's Gross Margin % has ranged from 32.13 to 47.16. According to the industry distribution chart, Aqualine ranks #540 out of 1007 companies in the Business Services industry, placing it in the top 53.6%.
Is Aqualine's Gross Margin % too high?
Aqualine's current Gross Margin % of 36.53% is 19% below median its 10-year median of 44.85. Over the past 10 years, this metric has ranged from a low of 32.13 to a high of 47.16. The Business Services industry median Gross Margin % is 34.50. Aqualine's value of 36.53% is 5.9% above this industry median. Based on the distribution chart, Aqualine ranks #540 out of 1007 companies in the Business Services industry, which is below the industry midpoint. Overall, Aqualine has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aqualine's Gross Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Aqualine ranks #540 out of 1007 companies for Gross Margin %. This places Aqualine in the lower half of its industry. The industry median Gross Margin % is 34.50. Aqualine's value of 36.53% is 5.9% above this benchmark. Historically, Aqualine's own Gross Margin % has ranged from 32.13 to 47.16 over the past decade. While the company's 10-year median is 44.85 vs. the industry median of 34.50, Aqualine 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.50, based on 1,007 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. Aqualine's current Gross Margin % of 36.53% is 5.9% 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 Aqualine and its competitors. For the Business Services industry, the median Gross Margin % is 34.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aqualine's current Gross Margin % is 36.53%, which is 19% below median its own 10-year median of 44.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aqualine stock overvalued right now?
Based on GuruFocus' analysis, Aqualine (TSE:6173) is currently considered Possible Value Trap. The stock's GF Value™ is 円44.87, compared to a current price of 円13.00 — trading 71% below its estimated fair value. The current Gross Margin % is 36.53%, which is 19% below median its 10-year median of 44.85 and 5.9% above the Business Services industry median of 34.50. Aqualine's overall GF Score™ is 44/100 with 10 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 Aqualine (TSE:6173), the current Gross Margin % is 36.53% as of Feb. 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 Aqualine (TSE:6173) Overvalued in 2026?

Based on GuruFocus' analysis, Aqualine stock appears to be undervalued. The current stock price of 円13.00 is trading 71% below its estimated GF Value™ of 円44.87. GuruFocus considers Aqualine to be Possible Value Trap.

Key valuation signals for TSE:6173:

  • Gross Margin %: 36.53% (19% below median its 10-year median of 44.85)
  • GF Value™: 円44.87 vs. price of 円13.00 (71% below fair value)
  • GF Score™: 44/100 with 10 warning signs
  • Industry Position: 5.9% above the Business Services median (#540 of 1007)

No single metric tells the full story. See the TSE:6173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aqualine Business Description

Address 8-8 Kami-Hatchobori, 6th Floor, 1st Uenoya Building, Naka-ku, Hiroshima, JPN, 730-0012
Aqualine Ltd is engaged in the repair of water supply products. The company operates in three reportable segments. The Water-related Service Support Business provides support to franchisees, including call center operations for emergency water-related trouble repairs and response, sales and installation of water-related products, and other repair work. The Advertising Media Business sells internet advertising in the field of emergency care. The Mineral Water Business involves the sale of mineral water and the handling of water dispensers. It generates the majority of its revenue from the Water-related Service Support Business segment.
44GF Score

Get the complete analysis for TSE:6173

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

円13.00
Price
円44.87
GF Value