Techno SmartTSE:6246 +1.49%85 Gross Margin % is 20.79% as of Mar. 2026, which is 15% above its 10-year median of 18.02. GuruFocus rates TSE:6246 with a GF Score™ of 85/100 and a GF Value™ of 円1,967.28 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,998 Industrial Products companies, Techno Smart ranks worse than 56.04% 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
Techno Smart had a gross margin of 20.79% 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.
Techno Smart Gross Margin % Related Terms
Techno Smart Gross Margin % Historical Data
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The historical data trend for Techno Smart'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:6246 vs GEV, ETN, PH: Gross Margin % Comparison
For the Specialty Industrial Machinery subindustry, Techno Smart'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.
Techno Smart Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Techno Smart's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Techno Smart'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.
Techno Smart (TSE:6246) has a Gross Margin % of 20.79% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Techno Smart and its competitors. This is 15% above median its historical median of 18.02. Over the past decade, Techno Smart's Gross Margin % has ranged from 14.49 to 24.74. According to the industry distribution chart, Techno Smart ranks #1680 out of 2998 companies in the Industrial Products industry, placing it in the top 56%.
Is Techno Smart's Gross Margin % too high?
Techno Smart's current Gross Margin % of 20.79% is 15% above median its 10-year median of 18.02. Over the past 10 years, this metric has ranged from a low of 14.49 to a high of 24.74. The Industrial Products industry median Gross Margin % is 26.84. Techno Smart's value of 20.79% is 22.5% below this industry median. Based on the distribution chart, Techno Smart ranks #1680 out of 2998 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Techno Smart has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Techno Smart's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Techno Smart ranks #1680 out of 2998 companies for Gross Margin %. This places Techno Smart in the lower half of its industry. The industry median Gross Margin % is 26.84. Techno Smart's value of 20.79% is 22.5% below this benchmark. Historically, Techno Smart's own Gross Margin % has ranged from 14.49 to 24.74 over the past decade. While the company's 10-year median is 18.02 vs. the industry median of 26.84, Techno Smart 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.84, based on 2,998 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. Techno Smart's current Gross Margin % of 20.79% is 22.5% 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 Techno Smart and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Smart's current Gross Margin % is 20.79%, which is 15% above median its own 10-year median of 18.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Smart stock overvalued right now?
Based on GuruFocus' analysis, Techno Smart (TSE:6246) is currently considered Fairly Valued. The stock's GF Value™ is 円1,967.28, compared to a current price of 円1,903.00 — trading 3.3% below its estimated fair value. The current Gross Margin % is 20.79%, which is 15% above median its 10-year median of 18.02 and 22.5% below the Industrial Products industry median of 26.84. Techno Smart's overall GF Score™ is 85/100 with 4 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 Techno Smart (TSE:6246), the current Gross Margin % is 20.79% 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 Techno Smart (TSE:6246) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Smart stock appears to be undervalued.
The current stock price of 円1,903.00 is trading 3.3% below its estimated GF Value™ of 円1,967.28.
GuruFocus considers Techno Smart to be Fairly Valued.
Key valuation signals for TSE:6246:
Gross Margin %: 20.79% (15% above median its 10-year median of 18.02)
GF Value™: 円1,967.28 vs. price of 円1,903.00 (3.3% below fair value)
Industry Position: 22.5% below the Industrial Products median (#1680 of 2998)
No single metric tells the full story. See the TSE:6246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Smart Corp is based in Japan. The company operates in a single segment, the machinery and equipment manufacturing industry, and designs, manufactures, installs and sells various dryers, principally coating and drying equipment used to impart various functionalities to substrates such as film, metal foil and paper, as well as heat treatment equipment, chemical engineering equipment and other industrial machinery.
85GF Score
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