Pulstec Industrial CoTSE:6894 +1.83%74 Gross Margin % is 43.08% as of Mar. 2026, which is 7% above its 10-year median of 40.38. GuruFocus rates TSE:6894 with a GF Score™ of 74/100 and a GF Value™ of 円1,760.61 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,998 Industrial Products companies, Pulstec Industrial Co ranks better than 80.49% on this metric.
TSE:6894's Gross Margin % is ranked better than 80.49% of 2998
companies
in the Industrial Products industry
Industry Median: 26.84
vs TSE:6894: 41.50
Pulstec Industrial Co had a gross margin of 43.08% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Pulstec Industrial Co was 2.40% per year.
Pulstec Industrial Co (TSE:6894) 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
Pulstec Industrial Co had a gross margin of 43.08% for the quarter that ended in Mar. 2026 => Durable 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.
Pulstec Industrial Co Gross Margin % Related Terms
Pulstec Industrial Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Pulstec Industrial 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.
For the Electrical Equipment & Parts subindustry, Pulstec Industrial 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.
Pulstec Industrial Co Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pulstec Industrial Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Pulstec Industrial Co'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.
Pulstec Industrial Co (TSE:6894) has a Gross Margin % of 43.08% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Pulstec Industrial Co and its competitors. This is near median its historical median of 40.38. Over the past decade, Pulstec Industrial Co's Gross Margin % has ranged from 36.06 to 49.81. According to the industry distribution chart, Pulstec Industrial Co ranks #585 out of 2998 companies in the Industrial Products industry, placing it in the top 19.5%.
Is Pulstec Industrial Co's Gross Margin % too high?
Pulstec Industrial Co's current Gross Margin % of 43.08% is near median its 10-year median of 40.38. Over the past 10 years, this metric has ranged from a low of 36.06 to a high of 49.81. The Industrial Products industry median Gross Margin % is 26.84. Pulstec Industrial Co's value of 43.08% is 60.5% above this industry median. Based on the distribution chart, Pulstec Industrial Co ranks #585 out of 2998 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Pulstec Industrial Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pulstec Industrial Co's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Pulstec Industrial Co ranks #585 out of 2998 companies for Gross Margin %. This places Pulstec Industrial Co in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.84. Pulstec Industrial Co's value of 43.08% is 60.5% above this benchmark. Historically, Pulstec Industrial Co's own Gross Margin % has ranged from 36.06 to 49.81 over the past decade. While the company's 10-year median is 40.38 vs. the industry median of 26.84, Pulstec Industrial 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 26.84, based on 2,998 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. Pulstec Industrial Co's current Gross Margin % of 43.08% is 60.5% 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 Pulstec Industrial Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pulstec Industrial Co's current Gross Margin % is 43.08%, which is near median its own 10-year median of 40.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pulstec Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Pulstec Industrial Co (TSE:6894) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,760.61, compared to a current price of 円2,175.00 — trading 23.5% above its estimated fair value. The current Gross Margin % is 43.08%, which is near median its 10-year median of 40.38 and 60.5% above the Industrial Products industry median of 26.84. Pulstec Industrial Co's overall GF Score™ is 74/100 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 Pulstec Industrial Co (TSE:6894), the current Gross Margin % is 43.08% 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 Pulstec Industrial Co (TSE:6894) Overvalued in 2026?
Based on GuruFocus' analysis, Pulstec Industrial Co stock appears to be overvalued.
The current stock price of 円2,175.00 is trading 23.5% above its estimated GF Value™ of 円1,760.61.
GuruFocus considers Pulstec Industrial Co to be Modestly Overvalued.
Key valuation signals for TSE:6894:
Gross Margin %: 43.08% (near median its 10-year median of 40.38)
GF Value™: 円1,760.61 vs. price of 円2,175.00 (23.5% above fair value)
Industry Position: 60.5% above the Industrial Products median (#585 of 2998)
No single metric tells the full story. See the TSE:6894 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pulstec Industrial Co Ltd is a Japan-based company engaged in the manufacture and sale of electronic applied equipment and systems. Its products include X-ray application, optical application, optical disc, and scanner series. The company is also engaged in engaged in the manufacture and sale of portable X-ray residual stress measuring devices, healthcare, manufacturing of medical equipment, 3D scanners, various measurement, control and data processing devices, and other electronic application devices and equipment.
74GF Score
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