Matsuo Electric Co (TSE:6969) Gross Margin %: -17.99% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6969 Matsuo Electric Co Ltd TSE:6969
58 GF Score
Price 円1,075.00
GF Value 円711.73
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Matsuo Electric Co Gross Margin %?

Matsuo Electric Co TSE:6969 -4.44% 58 Gross Margin % is -17.99% as of Mar. 2026. GuruFocus rates TSE:6969 with a GF Score™ of 58/100 and a GF Value™ of 円711.73 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,454 Hardware companies, Matsuo Electric Co ranks better than 63.12% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Matsuo Electric Co's Gross Profit for the three months ended in Mar. 2026 was 円556 Mil. Matsuo Electric Co's Revenue for the three months ended in Mar. 2026 was 円-3,091 Mil. Therefore, Matsuo Electric Co's Gross Margin % for the quarter that ended in Mar. 2026 was -17.99%.


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

TSE:6969' s Gross Margin % Range Over the Past 10 Years
Min: 17.72   Med: 27.35   Max: 31.77
Current: 31.55


During the past 13 years, the highest Gross Margin % of Matsuo Electric Co was 31.77%. The lowest was 17.72%. And the median was 27.35%.

TSE:6969's Gross Margin % is ranked better than
63.12% of 2454 companies
in the Hardware industry
Industry Median: 24.5 vs TSE:6969: 31.55

Matsuo Electric Co had a gross margin of -17.99% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Matsuo Electric Co was 2.40% per year.


Matsuo Electric Co  (TSE:6969) 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

Matsuo Electric Co had a gross margin of -17.99% 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.


Matsuo Electric Co Gross Margin % Related Terms


Matsuo Electric Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Matsuo Electric 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.

Matsuo Electric Co Gross Margin % Chart

Matsuo Electric Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.77 31.71 28.59 31.46 31.55

Matsuo Electric Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 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 32.33 31.32 4.72 -17.99

TSE:6969 vs APH, GLW: Gross Margin % Comparison

For the Electronic Components subindustry, Matsuo Electric 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.


Matsuo Electric Co Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Matsuo Electric Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Matsuo Electric Co's Gross Margin % falls into.


TSE:6969
58GF Score
Matsuo Electric Co Ltd TSE:6969
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Matsuo Electric Co Gross Margin % Calculation

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

Matsuo Electric Co's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=1622.2 / 5141.935
=(Revenue - Cost of Goods Sold) / Revenue
=(5141.935 - 3519.703) / 5141.935
=31.55 %

Matsuo Electric Co'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 )
=556.2 / -3091.065
=(Revenue - Cost of Goods Sold) / Revenue
=(-3091.065 - -3647.297) / -3091.065
=-17.99 %

* 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 -17.99% mean?
Matsuo Electric Co (TSE:6969) has a Gross Margin % of -17.99% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Matsuo Electric Co and its competitors. Over the past decade, Matsuo Electric Co's Gross Margin % has ranged from 17.72 to 31.77. According to the industry distribution chart, Matsuo Electric Co ranks #905 out of 2454 companies in the Hardware industry, placing it in the top 36.9%.
Is Matsuo Electric Co's Gross Margin % too high?
Matsuo Electric Co's current Gross Margin % is -17.99%. Over the past 10 years, this metric has ranged from a low of 17.72 to a high of 31.77. Based on the distribution chart, Matsuo Electric Co ranks #905 out of 2454 companies in the Hardware industry, which is above the industry midpoint. Overall, Matsuo Electric Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Matsuo Electric Co's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Matsuo Electric Co ranks #905 out of 2454 companies for Gross Margin %. This puts Matsuo Electric Co in the upper half of its industry. The industry median Gross Margin % is 24.50. Historically, Matsuo Electric Co's own Gross Margin % has ranged from 17.72 to 31.77 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 2,454 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 Matsuo Electric Co 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. Matsuo Electric Co's current Gross Margin % is -17.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matsuo Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Matsuo Electric Co (TSE:6969) is currently considered Significantly Overvalued. The stock's GF Value™ is 円711.73, compared to a current price of 円1,075.00 — trading 51% above its estimated fair value. The current Gross Margin % is -17.99%. Matsuo Electric Co's overall GF Score™ is 58/100 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 Matsuo Electric Co (TSE:6969), the current Gross Margin % is -17.99% 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 Matsuo Electric Co (TSE:6969) Overvalued in 2026?

Based on GuruFocus' analysis, Matsuo Electric Co stock appears to be overvalued. The current stock price of 円1,075.00 is trading 51% above its estimated GF Value™ of 円711.73. GuruFocus considers Matsuo Electric Co to be Significantly Overvalued.

Key valuation signals for TSE:6969:

  • Gross Margin %: -17.99%
  • GF Value™: 円711.73 vs. price of 円1,075.00 (51% above fair value)
  • GF Score™: 58/100 with 2 warning signs

No single metric tells the full story. See the TSE:6969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Matsuo Electric Co Business Description

Address 3-5-3 Sennari-cho, Toyonaka-shi, Osaka, JPN
Matsuo Electric Co Ltd is a Japan-based company engages in the manufacturing and marketing of tantalum capacitors, film capacitors, and circuit protection components.
58GF Score

Get the complete analysis for TSE:6969

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

円1,075.00
Price
円711.73
GF Value