NittanTSE:6493 +1.09%74 Gross Margin % is 18.05% as of Mar. 2026, which is 31% above its 10-year median of 13.77. GuruFocus rates TSE:6493 with a GF Score™ of 74/100 and a GF Value™ of 円376.87 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Nittan ranks worse than 58.68% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Nittan's Gross Profit for the
six
months ended in Mar. 2026 was 円4,917 Mil. Nittan's Revenue for the
six
months ended in Mar. 2026 was 円27,236 Mil. Therefore, Nittan's Gross Margin % for the quarter that ended in Mar. 2026 was 18.05%.
The historical rank and industry rank for Nittan's Gross Margin % or its related term are showing as below:
TSE:6493'
s Gross Margin % Range Over the Past 10 Years
Min: 10.71 Med: 13.77 Max: 17.69
Current: 17.69
During the past 13 years, the highestGross Margin % of Nittan was 17.69%. The lowest was 10.71%. And the median was 13.77%.
TSE:6493's Gross Margin % is ranked worse than 58.68% of 1307
companies
in the Vehicles & Parts industry
Industry Median: 19.83
vs TSE:6493: 17.69
Nittan had a gross margin of 18.05% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Nittan was 6.10% per year.
Nittan (TSE:6493) 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
Nittan had a gross margin of 18.05% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
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.
Nittan Gross Margin % Related Terms
Nittan Gross Margin % Historical Data
* Premium members only.
The historical data trend for Nittan'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.
For the Auto Parts subindustry, Nittan'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.
Nittan Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nittan's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Nittan'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.
Nittan (TSE:6493) has a Gross Margin % of 18.05% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nittan and its competitors. This is 31% above median its historical median of 13.77. Over the past decade, Nittan's Gross Margin % has ranged from 10.71 to 17.69. According to the industry distribution chart, Nittan ranks #767 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 58.7%.
Is Nittan's Gross Margin % too high?
Nittan's current Gross Margin % of 18.05% is 31% above median its 10-year median of 13.77. Over the past 10 years, this metric has ranged from a low of 10.71 to a high of 17.69. The Vehicles & Parts industry median Gross Margin % is 19.83. Nittan's value of 18.05% is 9% below this industry median. Based on the distribution chart, Nittan ranks #767 out of 1307 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Nittan has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nittan's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nittan ranks #767 out of 1307 companies for Gross Margin %. This places Nittan in the lower half of its industry. The industry median Gross Margin % is 19.83. Nittan's value of 18.05% is 9% below this benchmark. Historically, Nittan's own Gross Margin % has ranged from 10.71 to 17.69 over the past decade. While the company's 10-year median is 13.77 vs. the industry median of 19.83, Nittan 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.83, based on 1,307 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. Nittan's current Gross Margin % of 18.05% is 9% 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 Nittan and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittan's current Gross Margin % is 18.05%, which is 31% above median its own 10-year median of 13.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittan stock overvalued right now?
Based on GuruFocus' analysis, Nittan (TSE:6493) is currently considered Modestly Overvalued. The stock's GF Value™ is 円376.87, compared to a current price of 円463.00 — trading 22.9% above its estimated fair value. The current Gross Margin % is 18.05%, which is 31% above median its 10-year median of 13.77 and 9% below the Vehicles & Parts industry median of 19.83. Nittan's overall GF Score™ is 74/100 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 Nittan (TSE:6493), the current Gross Margin % is 18.05% 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 Nittan (TSE:6493) Overvalued in 2026?
Based on GuruFocus' analysis, Nittan stock appears to be overvalued.
The current stock price of 円463.00 is trading 22.9% above its estimated GF Value™ of 円376.87.
GuruFocus considers Nittan to be Modestly Overvalued.
Key valuation signals for TSE:6493:
Gross Margin %: 18.05% (31% above median its 10-year median of 13.77)
GF Value™: 円376.87 vs. price of 円463.00 (22.9% above fair value)
Industry Position: 9% below the Vehicles & Parts median (#767 of 1307)
No single metric tells the full story. See the TSE:6493 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nittan Corp operates in the auto parts industry. The company is mainly engaged in the manufacturing and distribution of engine valves, automobile parts, spinning machine parts, and other general machine parts and equipment. In addition, the company is involved in the produce, process, and sales of agricultural crops. The company has an operational presence across Asia, North America, and Europe.
74GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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