TRaaS On Product (TSE:6696) Gross Margin %: 0.00% (As of Jan. 2026)

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TSE:6696 TRaaS On Product Inc TSE:6696
50 GF Score
Price 円291.00
GF Value 円488.75
Valuation Possible Value Trap
! 2 Warning Signs
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What is TRaaS On Product Gross Margin %?

TRaaS On Product TSE:6696 -3.32% 50 Gross Margin % is 0.00% as of Jan. 2026. GuruFocus rates TSE:6696 with a GF Score™ of 50/100 and a GF Value™ of 円488.75 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,455 Hardware companies, TRaaS On Product ranks better than 78.94% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. TRaaS On Product's Gross Profit for the three months ended in Jan. 2026 was 円0.0 Mil. TRaaS On Product's Revenue for the three months ended in Jan. 2026 was 円0.0 Mil. Therefore, TRaaS On Product's Gross Margin % for the quarter that ended in Jan. 2026 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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

TSE:6696' s Gross Margin % Range Over the Past 10 Years
Min: 20.07   Med: 43.9   Max: 58.53
Current: 41.7


During the past 11 years, the highest Gross Margin % of TRaaS On Product was 58.53%. The lowest was 20.07%. And the median was 43.90%.

TSE:6696's Gross Margin % is ranked better than
78.94% of 2455 companies
in the Hardware industry
Industry Median: 24.5 vs TSE:6696: 41.70

TRaaS On Product had a gross margin of N/A% for the quarter that ended in Jan. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for TRaaS On Product was 14.20% per year.


TRaaS On Product  (TSE:6696) 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

TRaaS On Product had a gross margin of N/A% for the quarter that ended in Jan. 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.


TRaaS On Product Gross Margin % Related Terms


TRaaS On Product Gross Margin % Historical Data

* Premium members only.

The historical data trend for TRaaS On Product'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.

TRaaS On Product Gross Margin % Chart

TRaaS On Product Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.07 47.38 54.61 58.53 45.71

TRaaS On Product Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 48.54 44.43 0.00 0.00 37.88

TSE:6696 vs CSCO, CIEN, MSI: Gross Margin % Comparison

For the Communication Equipment subindustry, TRaaS On Product'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.


TRaaS On Product Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, TRaaS On Product's Gross Margin % distribution charts can be found below:

* The bar in red indicates where TRaaS On Product's Gross Margin % falls into.


TSE:6696
50GF Score
TRaaS On Product Inc TSE:6696
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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TRaaS On Product Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

TRaaS On Product's Gross Margin for the fiscal year that ended in Jan. 2026 is calculated as

Gross Margin % (A: Jan. 2026 )=Gross Profit (A: Jan. 2026 ) / Revenue (A: Jan. 2026 )
=222.1 / 485.942
=(Revenue - Cost of Goods Sold) / Revenue
=(485.942 - 263.839) / 485.942
=45.71 %

TRaaS On Product's Gross Margin for the quarter that ended in Jan. 2026 is calculated as


Gross Margin % (Q: Jan. 2026 )=Gross Profit (Q: Jan. 2026 ) / Revenue (Q: Jan. 2026 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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 0.00% mean?
TRaaS On Product (TSE:6696) has a Gross Margin % of 0.00% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TRaaS On Product and its competitors. Over the past decade, TRaaS On Product's Gross Margin % has ranged from 20.07 to 58.53. According to the industry distribution chart, TRaaS On Product ranks #517 out of 2455 companies in the Hardware industry, placing it in the top 21.1%.
Is TRaaS On Product's Gross Margin % too high?
TRaaS On Product's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 20.07 to a high of 58.53. Based on the distribution chart, TRaaS On Product ranks #517 out of 2455 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, TRaaS On Product has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TRaaS On Product's Gross Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, TRaaS On Product ranks #517 out of 2455 companies for Gross Margin %. This places TRaaS On Product in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.50. Historically, TRaaS On Product's own Gross Margin % has ranged from 20.07 to 58.53 over the past decade. 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.50, based on 2,455 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. 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 TRaaS On Product and its competitors. For the Hardware industry, the median Gross Margin % is 24.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRaaS On Product's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRaaS On Product stock overvalued right now?
Based on GuruFocus' analysis, TRaaS On Product (TSE:6696) is currently considered Possible Value Trap. The stock's GF Value™ is 円488.75, compared to a current price of 円291.00 — trading 40.5% below its estimated fair value. The current Gross Margin % is 0.00%. TRaaS On Product's overall GF Score™ is 50/100 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 TRaaS On Product (TSE:6696), the current Gross Margin % is 0.00% as of Jan. 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 TRaaS On Product (TSE:6696) Overvalued in 2026?

Based on GuruFocus' analysis, TRaaS On Product stock appears to be undervalued. The current stock price of 円291.00 is trading 40.5% below its estimated GF Value™ of 円488.75. GuruFocus considers TRaaS On Product to be Possible Value Trap.

Key valuation signals for TSE:6696:

  • Gross Margin %: 0.00%
  • GF Value™: 円488.75 vs. price of 円291.00 (40.5% below fair value)
  • GF Score™: 50/100 with 2 warning signs

No single metric tells the full story. See the TSE:6696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TRaaS On Product Business Description

Address 2-9-30 Kitasaiwai, Nishi Ward, Yokohama Nishiguchi Kato Building2nd floor, Kanagawa Prefecture, Yokohama, JPN, 220-0004
TRaaS On Product Inc is engaged in telecommunications, followed by the IT revolution, and manufacturing in which the subject of value shifted to something different.
50GF Score

Get the complete analysis for TSE:6696

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

円291.00
Price
円488.75
GF Value