TESEC (TSE:6337) Gross Margin %: 38.64% (As of Mar. 2026) — Near Median

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TSE:6337 TESEC Corp TSE:6337
77 GF Score
Price 円2,438.00
GF Value 円1,701.05
Valuation Significantly Overvalued
! 4 Warning Signs
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What is TESEC Gross Margin %?

TESEC TSE:6337 +0.17% 77 Gross Margin % is 38.64% as of Mar. 2026, which is 2% below its 10-year median of 39.27. GuruFocus rates TSE:6337 with a GF Score™ of 77/100 and a GF Value™ of 円1,701.05 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,010 Semiconductors companies, TESEC ranks better than 67.52% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. TESEC's Gross Profit for the six months ended in Mar. 2026 was 円1,134 Mil. TESEC's Revenue for the six months ended in Mar. 2026 was 円2,935 Mil. Therefore, TESEC's Gross Margin % for the quarter that ended in Mar. 2026 was 38.64%.


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

TSE:6337' s Gross Margin % Range Over the Past 10 Years
Min: 24.41   Med: 39.27   Max: 46.78
Current: 38.93


During the past 13 years, the highest Gross Margin % of TESEC was 46.78%. The lowest was 24.41%. And the median was 39.27%.

TSE:6337's Gross Margin % is ranked better than
67.52% of 1010 companies
in the Semiconductors industry
Industry Median: 29.61 vs TSE:6337: 38.93

TESEC had a gross margin of 38.64% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for TESEC was 5.40% per year.


TESEC  (TSE:6337) 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

TESEC had a gross margin of 38.64% 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.


TESEC Gross Margin % Related Terms


TESEC Gross Margin % Historical Data

* Premium members only.

The historical data trend for TESEC'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.

TESEC Gross Margin % Chart

TESEC 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 44.57 46.78 44.38 38.31 38.93

TESEC 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 44.48 38.51 38.14 39.25 38.64

TSE:6337 vs AMAT, LRCX, KLAC: Gross Margin % Comparison

For the Semiconductor Equipment & Materials subindustry, TESEC'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.


TESEC Gross Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, TESEC's Gross Margin % distribution charts can be found below:

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


TSE:6337
77GF Score
TESEC Corp TSE:6337
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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TESEC Gross Margin % Calculation

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

TESEC'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 )
=2167 / 5567
=(Revenue - Cost of Goods Sold) / Revenue
=(5567 - 3400) / 5567
=38.93 %

TESEC'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 )
=1134 / 2935
=(Revenue - Cost of Goods Sold) / Revenue
=(2935 - 1801) / 2935
=38.64 %

* 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 38.64% mean?
TESEC (TSE:6337) has a Gross Margin % of 38.64% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TESEC and its competitors. This is near median its historical median of 39.27. Over the past decade, TESEC's Gross Margin % has ranged from 24.41 to 46.78. According to the industry distribution chart, TESEC ranks #328 out of 1010 companies in the Semiconductors industry, placing it in the top 32.5%.
Is TESEC's Gross Margin % too high?
TESEC's current Gross Margin % of 38.64% is near median its 10-year median of 39.27. Over the past 10 years, this metric has ranged from a low of 24.41 to a high of 46.78. The Semiconductors industry median Gross Margin % is 29.61. TESEC's value of 38.64% is 30.5% above this industry median. Based on the distribution chart, TESEC ranks #328 out of 1010 companies in the Semiconductors industry, which is above the industry midpoint. Overall, TESEC has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TESEC's Gross Margin % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, TESEC ranks #328 out of 1010 companies for Gross Margin %. This puts TESEC in the upper half of its industry. The industry median Gross Margin % is 29.61. TESEC's value of 38.64% is 30.5% above this benchmark. Historically, TESEC's own Gross Margin % has ranged from 24.41 to 46.78 over the past decade. While the company's 10-year median is 39.27 vs. the industry median of 29.61, TESEC 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 Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,010 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. TESEC's current Gross Margin % of 38.64% is 30.5% 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 TESEC and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TESEC's current Gross Margin % is 38.64%, which is near median its own 10-year median of 39.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TESEC stock overvalued right now?
Based on GuruFocus' analysis, TESEC (TSE:6337) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,701.05, compared to a current price of 円2,438.00 — trading 43.3% above its estimated fair value. The current Gross Margin % is 38.64%, which is near median its 10-year median of 39.27 and 30.5% above the Semiconductors industry median of 29.61. TESEC's overall GF Score™ is 77/100 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 TESEC (TSE:6337), the current Gross Margin % is 38.64% 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 TESEC (TSE:6337) Overvalued in 2026?

Based on GuruFocus' analysis, TESEC stock appears to be overvalued. The current stock price of 円2,438.00 is trading 43.3% above its estimated GF Value™ of 円1,701.05. GuruFocus considers TESEC to be Significantly Overvalued.

Key valuation signals for TSE:6337:

  • Gross Margin %: 38.64% (near median its 10-year median of 39.27)
  • GF Value™: 円1,701.05 vs. price of 円2,438.00 (43.3% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 30.5% above the Semiconductors median (#328 of 1010)

No single metric tells the full story. See the TSE:6337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TESEC Business Description

Address 391-1, Kamikitadai 3-chome, Higashiyamato, Tokyo, JPN, 207-0023
TESEC Corp is a manufacturer of semiconductor test equipment. The company's product profile is divided into Test Systems and Handlers. Test Systems include products such as Dynamic Test System, Thermal Resistance Tester, Discrete Device Test System, IPD/IPM Test system, and others. Handlers comprise of Strip Test Handler, Die Sorter, Discrete Handler, TAB Handler, Film Frame Test Handler, Gravity Handler, and other related products. It also provides after-sales services.
77GF Score

Get the complete analysis for TSE:6337

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

円2,438.00
Price
円1,701.05
GF Value