THine Electronics (TSE:6769) Gross Margin %: 34.69% (As of Mar. 2026) — 37% Below Median


TSE:6769 THine Electronics Inc TSE:6769
65 GF Score
Price 円1,093.00
GF Value 円847.11
Valuation Modestly Overvalued
! 3 Warning Signs
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What is THine Electronics Gross Margin %?

THine Electronics TSE:6769 -2.15% 65 Gross Margin % is 34.69% as of Mar. 2026, which is 37% below its 10-year median of 54.78. GuruFocus rates TSE:6769 with a GF Score™ of 65/100 and a GF Value™ of 円847.11 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,009 Semiconductors companies, THine Electronics ranks better than 75.92% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. THine Electronics's Gross Profit for the three months ended in Mar. 2026 was 円329 Mil. THine Electronics's Revenue for the three months ended in Mar. 2026 was 円950 Mil. Therefore, THine Electronics's Gross Margin % for the quarter that ended in Mar. 2026 was 34.69%.

Warning Sign:

THine Electronics Inc gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


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

TSE:6769' s Gross Margin % Range Over the Past 10 Years
Min: 44.58   Med: 54.78   Max: 62.29
Current: 44.58


During the past 13 years, the highest Gross Margin % of THine Electronics was 62.29%. The lowest was 44.58%. And the median was 54.78%.

TSE:6769's Gross Margin % is ranked better than
75.92% of 1009 companies
in the Semiconductors industry
Industry Median: 29.61 vs TSE:6769: 44.58

THine Electronics had a gross margin of 34.69% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for THine Electronics was -1.20% per year.


THine Electronics  (TSE:6769) 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

THine Electronics had a gross margin of 34.69% 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.


THine Electronics Gross Margin % Related Terms


THine Electronics Gross Margin % Historical Data

* Premium members only.

The historical data trend for THine Electronics'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.

THine Electronics Gross Margin % Chart

THine Electronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.39 54.75 48.53 54.80 49.26

THine Electronics Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 58.90 56.14 0.00 34.69

TSE:6769 vs NVDA, AVGO, MU: Gross Margin % Comparison

For the Semiconductors subindustry, THine Electronics'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.


THine Electronics Gross Margin % vs Semiconductors Industry

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

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


TSE:6769
65GF Score
THine Electronics Inc TSE:6769
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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THine Electronics Gross Margin % Calculation

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

THine Electronics's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=2285.3 / 4639.402
=(Revenue - Cost of Goods Sold) / Revenue
=(4639.402 - 2354.07) / 4639.402
=49.26 %

THine Electronics'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 )
=329.4 / 949.604
=(Revenue - Cost of Goods Sold) / Revenue
=(949.604 - 620.193) / 949.604
=34.69 %

* 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 34.69% mean?
THine Electronics (TSE:6769) has a Gross Margin % of 34.69% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on THine Electronics and its competitors. This is 37% below median its historical median of 54.78. Over the past decade, THine Electronics' Gross Margin % has ranged from 44.58 to 62.29. According to the industry distribution chart, THine Electronics ranks #243 out of 1009 companies in the Semiconductors industry, placing it in the top 24.1%.
Is THine Electronics' Gross Margin % too high?
THine Electronics' current Gross Margin % of 34.69% is 37% below median its 10-year median of 54.78. Over the past 10 years, this metric has ranged from a low of 44.58 to a high of 62.29. The Semiconductors industry median Gross Margin % is 29.61. THine Electronics' value of 34.69% is 17.2% above this industry median. Based on the distribution chart, THine Electronics ranks #243 out of 1009 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, THine Electronics has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does THine Electronics' Gross Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, THine Electronics ranks #243 out of 1009 companies for Gross Margin %. This places THine Electronics in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 29.61. THine Electronics' value of 34.69% is 17.2% above this benchmark. Historically, THine Electronics' own Gross Margin % has ranged from 44.58 to 62.29 over the past decade. While the company's 10-year median is 54.78 vs. the industry median of 29.61, THine Electronics 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 1,009 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. THine Electronics's current Gross Margin % of 34.69% is 17.2% 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 THine Electronics 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. THine Electronics's current Gross Margin % is 34.69%, which is 37% below median its own 10-year median of 54.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THine Electronics stock overvalued right now?
Based on GuruFocus' analysis, THine Electronics (TSE:6769) is currently considered Modestly Overvalued. The stock's GF Value™ is 円847.11, compared to a current price of 円1,093.00 — trading 29% above its estimated fair value. The current Gross Margin % is 34.69%, which is 37% below median its 10-year median of 54.78 and 17.2% above the Semiconductors industry median of 29.61. THine Electronics' overall GF Score™ is 65/100 with 3 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 THine Electronics (TSE:6769), the current Gross Margin % is 34.69% 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 THine Electronics (TSE:6769) Overvalued in 2026?

Based on GuruFocus' analysis, THine Electronics stock appears to be overvalued. The current stock price of 円1,093.00 is trading 29% above its estimated GF Value™ of 円847.11. GuruFocus considers THine Electronics to be Modestly Overvalued.

Key valuation signals for TSE:6769:

  • Gross Margin %: 34.69% (37% below median its 10-year median of 54.78)
  • GF Value™: 円847.11 vs. price of 円1,093.00 (29% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 17.2% above the Semiconductors median (#243 of 1009)

No single metric tells the full story. See the TSE:6769 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


THine Electronics Business Description

Address 9-1 Kanda-mitoshiro-cho MD-Kanda Building, Chiyoda-ku, Tokyo, JPN, 101-0053
THine Electronics Inc is a Japanese based fabless semiconductor maker. Together with its subsidiaries, the firm is engaged in planning, designing, and sales of mixed-signal LSI business and AIoT business. Its products are used in automotive, medical, camera, gaming, multifunction printer, mobiles, and projector. Its product portfolio includes motor driver, power module, a timing controller, image signal processor (ISP), repeater among others. The company has a geographic presence in Japan, Korea, China, Taiwan, Europe, and North America.
65GF Score

Get the complete analysis for TSE:6769

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

円1,093.00
Price
円847.11
GF Value