TVE Co (TSE:6466) Gross Margin %: 28.61% (As of Mar. 2026) — 17% Above Median


TSE:6466 TVE Co Ltd TSE:6466
60 GF Score
Price 円4,370.00
GF Value 円2,433.51
Valuation Significantly Overvalued
! 2 Warning Signs
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What is TVE Co Gross Margin %?

TVE Co TSE:6466 60 Gross Margin % is 28.61% as of Mar. 2026, which is 17% above its 10-year median of 24.53. GuruFocus rates TSE:6466 with a GF Score™ of 60/100 and a GF Value™ of 円2,433.51 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,999 Industrial Products companies, TVE Co ranks better than 54.05% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. TVE Co's Gross Profit for the three months ended in Mar. 2026 was 円940 Mil. TVE Co's Revenue for the three months ended in Mar. 2026 was 円3,286 Mil. Therefore, TVE Co's Gross Margin % for the quarter that ended in Mar. 2026 was 28.61%.


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

TSE:6466' s Gross Margin % Range Over the Past 10 Years
Min: 20.65   Med: 24.53   Max: 29.11
Current: 28.48


During the past 13 years, the highest Gross Margin % of TVE Co was 29.11%. The lowest was 20.65%. And the median was 24.53%.

TSE:6466's Gross Margin % is ranked better than
54.05% of 2999 companies
in the Industrial Products industry
Industry Median: 26.85 vs TSE:6466: 28.48

TVE Co had a gross margin of 28.61% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for TVE Co was 0.10% per year.


TVE Co  (TSE:6466) 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

TVE Co had a gross margin of 28.61% 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.


TVE Co Gross Margin % Related Terms


TVE Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for TVE Co'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.

TVE Co Gross Margin % Chart

TVE Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.19 20.65 25.97 28.25 24.94

TVE Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 0.00 31.30 22.40 31.75 28.61

TSE:6466 vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, TVE 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.


TVE Co Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, TVE Co's Gross Margin % distribution charts can be found below:

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


TSE:6466
60GF Score
TVE Co Ltd TSE:6466
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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TVE Co Gross Margin % Calculation

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

TVE Co's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=2539.9 / 10183.746
=(Revenue - Cost of Goods Sold) / Revenue
=(10183.746 - 7643.885) / 10183.746
=24.94 %

TVE Co'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 )
=940.1 / 3286.029
=(Revenue - Cost of Goods Sold) / Revenue
=(3286.029 - 2345.885) / 3286.029
=28.61 %

* 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 28.61% mean?
TVE Co (TSE:6466) has a Gross Margin % of 28.61% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TVE Co and its competitors. This is 17% above median its historical median of 24.53. Over the past decade, TVE Co's Gross Margin % has ranged from 20.65 to 29.11. According to the industry distribution chart, TVE Co ranks #1378 out of 2999 companies in the Industrial Products industry, placing it in the top 45.9%.
Is TVE Co's Gross Margin % too high?
TVE Co's current Gross Margin % of 28.61% is 17% above median its 10-year median of 24.53. Over the past 10 years, this metric has ranged from a low of 20.65 to a high of 29.11. The Industrial Products industry median Gross Margin % is 26.85. TVE Co's value of 28.61% is 6.6% above this industry median. Based on the distribution chart, TVE Co ranks #1378 out of 2999 companies in the Industrial Products industry, which is above the industry midpoint. Overall, TVE Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TVE Co's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, TVE Co ranks #1378 out of 2999 companies for Gross Margin %. This puts TVE Co in the upper half of its industry. The industry median Gross Margin % is 26.85. TVE Co's value of 28.61% is 6.6% above this benchmark. Historically, TVE Co's own Gross Margin % has ranged from 20.65 to 29.11 over the past decade. While the company's 10-year median is 24.53 vs. the industry median of 26.85, TVE Co 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.85, based on 2,999 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. TVE Co's current Gross Margin % of 28.61% is 6.6% 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 TVE Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TVE Co's current Gross Margin % is 28.61%, which is 17% above median its own 10-year median of 24.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVE Co stock overvalued right now?
Based on GuruFocus' analysis, TVE Co (TSE:6466) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,433.51, compared to a current price of 円4,370.00 — trading 79.6% above its estimated fair value. The current Gross Margin % is 28.61%, which is 17% above median its 10-year median of 24.53 and 6.6% above the Industrial Products industry median of 26.85. TVE Co's overall GF Score™ is 60/100 with 2 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 TVE Co (TSE:6466), the current Gross Margin % is 28.61% 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 TVE Co (TSE:6466) Overvalued in 2026?

Based on GuruFocus' analysis, TVE Co stock appears to be overvalued. The current stock price of 円4,370.00 is trading 79.6% above its estimated GF Value™ of 円2,433.51. GuruFocus considers TVE Co to be Significantly Overvalued.

Key valuation signals for TSE:6466:

  • Gross Margin %: 28.61% (17% above median its 10-year median of 24.53)
  • GF Value™: 円2,433.51 vs. price of 円4,370.00 (79.6% above fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 6.6% above the Industrial Products median (#1378 of 2999)

No single metric tells the full story. See the TSE:6466 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TVE Co Business Description

Address 5-12-1, Nishitachibana-cho, Amagasaki-shi, Hyogo, Amagasaki, JPN, 660-0054
TVE Co Ltd is engaged in the manufacture and sale of various valves and cast steel products, and maintenance work of various valves. The products of the company include safety valve, relief valve, sluice valve, check valve, special valve, and globe valve.
60GF Score

Get the complete analysis for TSE:6466

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

円4,370.00
Price
円2,433.51
GF Value