Lead CoTSE:6982 -2.69%54 Gross Margin % is 12.14% as of Mar. 2026, which is 23% above its 10-year median of 9.86. GuruFocus rates TSE:6982 with a GF Score™ of 54/100 and a GF Value™ of 円680.57 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Lead Co ranks worse than 89.4% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Lead Co's Gross Profit for the
six
months ended in Mar. 2026 was 円408 Mil. Lead Co's Revenue for the
six
months ended in Mar. 2026 was 円3,358 Mil. Therefore, Lead Co's Gross Margin % for the quarter that ended in Mar. 2026 was 12.14%.
The historical rank and industry rank for Lead Co's Gross Margin % or its related term are showing as below:
TSE:6982'
s Gross Margin % Range Over the Past 10 Years
Min: 4.47 Med: 9.86 Max: 14.28
Current: 8.98
During the past 13 years, the highestGross Margin % of Lead Co was 14.28%. The lowest was 4.47%. And the median was 9.86%.
TSE:6982's Gross Margin % is ranked worse than 89.4% of 1311
companies
in the Vehicles & Parts industry
Industry Median: 19.84
vs TSE:6982: 8.98
Lead Co had a gross margin of 12.14% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Lead Co was 16.20% per year.
Lead Co (TSE:6982) 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
Lead Co had a gross margin of 12.14% 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.
Lead Co Gross Margin % Related Terms
Lead Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Lead 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 Auto Parts subindustry, Lead 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.
Lead Co Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Lead Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Lead 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.
Lead Co (TSE:6982) has a Gross Margin % of 12.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Lead Co and its competitors. This is 23% above median its historical median of 9.86. Over the past decade, Lead Co's Gross Margin % has ranged from 4.47 to 14.28. According to the industry distribution chart, Lead Co ranks #1172 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 89.4%.
Is Lead Co's Gross Margin % too high?
Lead Co's current Gross Margin % of 12.14% is 23% above median its 10-year median of 9.86. Over the past 10 years, this metric has ranged from a low of 4.47 to a high of 14.28. The Vehicles & Parts industry median Gross Margin % is 19.84. Lead Co's value of 12.14% is 38.8% below this industry median. Based on the distribution chart, Lead Co ranks #1172 out of 1311 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Lead Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lead Co's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Lead Co ranks #1172 out of 1311 companies for Gross Margin %. This places Lead Co in the lower half of its industry. The industry median Gross Margin % is 19.84. Lead Co's value of 12.14% is 38.8% below this benchmark. Historically, Lead Co's own Gross Margin % has ranged from 4.47 to 14.28 over the past decade. While the company's 10-year median is 9.86 vs. the industry median of 19.84, Lead Co 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,311 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. Lead Co's current Gross Margin % of 12.14% is 38.8% 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 Lead Co and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lead Co's current Gross Margin % is 12.14%, which is 23% above median its own 10-year median of 9.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lead Co stock overvalued right now?
Based on GuruFocus' analysis, Lead Co (TSE:6982) is currently considered Modestly Undervalued. The stock's GF Value™ is 円680.57, compared to a current price of 円579.00 — trading 14.9% below its estimated fair value. The current Gross Margin % is 12.14%, which is 23% above median its 10-year median of 9.86 and 38.8% below the Vehicles & Parts industry median of 19.84. Lead Co's overall GF Score™ is 54/100 with 5 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 Lead Co (TSE:6982), the current Gross Margin % is 12.14% 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 Lead Co (TSE:6982) Overvalued in 2026?
Based on GuruFocus' analysis, Lead Co stock appears to be undervalued.
The current stock price of 円579.00 is trading 14.9% below its estimated GF Value™ of 円680.57.
GuruFocus considers Lead Co to be Modestly Undervalued.
Key valuation signals for TSE:6982:
Gross Margin %: 12.14% (23% above median its 10-year median of 9.86)
GF Value™: 円680.57 vs. price of 円579.00 (14.9% below fair value)
Industry Position: 38.8% below the Vehicles & Parts median (#1172 of 1311)
No single metric tells the full story. See the TSE:6982 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lead Co Inc is a Japan-based company engages in the manufacture and sale of automotive parts, electronic equipment relates racks and cases, and solar and LED lamps.
54GF Score
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