AstiTSE:6899 +0.43%76 Gross Margin % is 10.56% as of Mar. 2026, which is 3% above its 10-year median of 10.23. GuruFocus rates TSE:6899 with a GF Score™ of 76/100 and a GF Value™ of 円2,492.93 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,453 Hardware companies, Asti ranks worse than 83.82% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Asti's Gross Profit for the
six
months ended in Mar. 2026 was 円3,345 Mil. Asti's Revenue for the
six
months ended in Mar. 2026 was 円31,687 Mil. Therefore, Asti's Gross Margin % for the quarter that ended in Mar. 2026 was 10.56%.
The historical rank and industry rank for Asti's Gross Margin % or its related term are showing as below:
TSE:6899'
s Gross Margin % Range Over the Past 10 Years
Min: 7.44 Med: 10.23 Max: 11.38
Current: 10.34
During the past 13 years, the highestGross Margin % of Asti was 11.38%. The lowest was 7.44%. And the median was 10.23%.
TSE:6899's Gross Margin % is ranked worse than 83.82% of 2453
companies
in the Hardware industry
Industry Median: 24.52
vs TSE:6899: 10.34
Asti had a gross margin of 10.56% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Asti was 3.90% per year.
Asti (TSE:6899) 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
Asti had a gross margin of 10.56% 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.
Asti Gross Margin % Related Terms
Asti Gross Margin % Historical Data
* Premium members only.
The historical data trend for Asti'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 Electronic Components subindustry, Asti'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.
Asti Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Asti's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Asti'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.
Asti (TSE:6899) has a Gross Margin % of 10.56% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Asti and its competitors. This is near median its historical median of 10.23. Over the past decade, Asti's Gross Margin % has ranged from 7.44 to 11.38. According to the industry distribution chart, Asti ranks #2056 out of 2453 companies in the Hardware industry, placing it in the top 83.8%.
Is Asti's Gross Margin % too high?
Asti's current Gross Margin % of 10.56% is near median its 10-year median of 10.23. Over the past 10 years, this metric has ranged from a low of 7.44 to a high of 11.38. The Hardware industry median Gross Margin % is 24.52. Asti's value of 10.56% is 56.9% below this industry median. Based on the distribution chart, Asti ranks #2056 out of 2453 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Asti has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asti's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Asti ranks #2056 out of 2453 companies for Gross Margin %. This places Asti in the lower half of its industry. The industry median Gross Margin % is 24.52. Asti's value of 10.56% is 56.9% below this benchmark. Historically, Asti's own Gross Margin % has ranged from 7.44 to 11.38 over the past decade. While the company's 10-year median is 10.23 vs. the industry median of 24.52, Asti 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.52, based on 2,453 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. Asti's current Gross Margin % of 10.56% is 56.9% 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 Asti and its competitors. For the Hardware industry, the median Gross Margin % is 24.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asti's current Gross Margin % is 10.56%, which is near median its own 10-year median of 10.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asti stock overvalued right now?
Based on GuruFocus' analysis, Asti (TSE:6899) is currently considered Fairly Valued. The stock's GF Value™ is 円2,492.93, compared to a current price of 円2,320.00 — trading 6.9% below its estimated fair value. The current Gross Margin % is 10.56%, which is near median its 10-year median of 10.23 and 56.9% below the Hardware industry median of 24.52. Asti's overall GF Score™ is 76/100 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 Asti (TSE:6899), the current Gross Margin % is 10.56% 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 Asti (TSE:6899) Overvalued in 2026?
Based on GuruFocus' analysis, Asti stock appears to be undervalued.
The current stock price of 円2,320.00 is trading 6.9% below its estimated GF Value™ of 円2,492.93.
GuruFocus considers Asti to be Fairly Valued.
Key valuation signals for TSE:6899:
Gross Margin %: 10.56% (near median its 10-year median of 10.23)
GF Value™: 円2,492.93 vs. price of 円2,320.00 (6.9% below fair value)
Industry Position: 56.9% below the Hardware median (#2056 of 2453)
No single metric tells the full story. See the TSE:6899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asti Corp provides electrical equipment for a car, home electronics, telecommunication equipment, and control equipment. Its product profile consists of Electric control boards for washing machines, Electric control boards for dryers, Controllers for industrial robots, Corner sensor units, Electric control boards for dishwashers, Wire harnesses for cars and ships, Circuit boards for a security camera, and others.
76GF Score
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