T.RAD Co (TSE:7236) Gross Margin %: 14.09% (As of Mar. 2026) — 27% Above Median


TSE:7236 T.RAD Co Ltd TSE:7236
66 GF Score
Price 円1,510.00
GF Value 円429.81
Valuation Significantly Overvalued
! 4 Warning Signs
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What is T.RAD Co Gross Margin %?

T.RAD Co TSE:7236 +2.03% 66 Gross Margin % is 14.09% as of Mar. 2026, which is 27% above its 10-year median of 11.08. GuruFocus rates TSE:7236 with a GF Score™ of 66/100 and a GF Value™ of 円429.81 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,310 Vehicles & Parts companies, T.RAD Co ranks worse than 71.98% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. T.RAD Co's Gross Profit for the three months ended in Mar. 2026 was 円6,226 Mil. T.RAD Co's Revenue for the three months ended in Mar. 2026 was 円44,196 Mil. Therefore, T.RAD Co's Gross Margin % for the quarter that ended in Mar. 2026 was 14.09%.


The historical rank and industry rank for T.RAD Co's Gross Margin % or its related term are showing as below:

TSE:7236' s Gross Margin % Range Over the Past 10 Years
Min: 7.93   Med: 11.08   Max: 14.26
Current: 14.26


During the past 13 years, the highest Gross Margin % of T.RAD Co was 14.26%. The lowest was 7.93%. And the median was 11.08%.

TSE:7236's Gross Margin % is ranked worse than
71.98% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 19.835 vs TSE:7236: 14.26

T.RAD Co had a gross margin of 14.09% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for T.RAD Co was 7.40% per year.


T.RAD Co  (TSE:7236) 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

T.RAD Co had a gross margin of 14.09% 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.


T.RAD Co Gross Margin % Related Terms


T.RAD Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for T.RAD 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.

T.RAD Co Gross Margin % Chart

T.RAD 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 11.31 7.93 9.39 12.64 14.26

T.RAD 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 14.76 14.08 14.15 14.09

TSE:7236 vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, T.RAD 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.


T.RAD Co Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, T.RAD Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where T.RAD Co's Gross Margin % falls into.


TSE:7236
66GF Score
T.RAD Co Ltd TSE:7236
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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T.RAD Co Gross Margin % Calculation

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

T.RAD 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 )
=23144 / 162278
=(Revenue - Cost of Goods Sold) / Revenue
=(162278 - 139134) / 162278
=14.26 %

T.RAD 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 )
=6226 / 44196
=(Revenue - Cost of Goods Sold) / Revenue
=(44196 - 37970) / 44196
=14.09 %

* 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 14.09% mean?
T.RAD Co (TSE:7236) has a Gross Margin % of 14.09% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on T.RAD Co and its competitors. This is 27% above median its historical median of 11.08. Over the past decade, T.RAD Co's Gross Margin % has ranged from 7.93 to 14.26. According to the industry distribution chart, T.RAD Co ranks #943 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 72%.
Is T.RAD Co's Gross Margin % too high?
T.RAD Co's current Gross Margin % of 14.09% is 27% above median its 10-year median of 11.08. Over the past 10 years, this metric has ranged from a low of 7.93 to a high of 14.26. The Vehicles & Parts industry median Gross Margin % is 19.84. T.RAD Co's value of 14.09% is 29% below this industry median. Based on the distribution chart, T.RAD Co ranks #943 out of 1310 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, T.RAD Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does T.RAD Co's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, T.RAD Co ranks #943 out of 1310 companies for Gross Margin %. This places T.RAD Co in the lower half of its industry. The industry median Gross Margin % is 19.84. T.RAD Co's value of 14.09% is 29% below this benchmark. Historically, T.RAD Co's own Gross Margin % has ranged from 7.93 to 14.26 over the past decade. While the company's 10-year median is 11.08 vs. the industry median of 19.84, T.RAD 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 1,310 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. T.RAD Co's current Gross Margin % of 14.09% is 29% 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 T.RAD 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. T.RAD Co's current Gross Margin % is 14.09%, which is 27% above median its own 10-year median of 11.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T.RAD Co stock overvalued right now?
Based on GuruFocus' analysis, T.RAD Co (TSE:7236) is currently considered Significantly Overvalued. The stock's GF Value™ is 円429.81, compared to a current price of 円1,510.00 — trading 251.3% above its estimated fair value. The current Gross Margin % is 14.09%, which is 27% above median its 10-year median of 11.08 and 29% below the Vehicles & Parts industry median of 19.84. T.RAD Co's overall GF Score™ is 66/100 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 T.RAD Co (TSE:7236), the current Gross Margin % is 14.09% 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 T.RAD Co (TSE:7236) Overvalued in 2026?

Based on GuruFocus' analysis, T.RAD Co stock appears to be overvalued. The current stock price of 円1,510.00 is trading 251.3% above its estimated GF Value™ of 円429.81. GuruFocus considers T.RAD Co to be Significantly Overvalued.

Key valuation signals for TSE:7236:

  • Gross Margin %: 14.09% (27% above median its 10-year median of 11.08)
  • GF Value™: 円429.81 vs. price of 円1,510.00 (251.3% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 29% below the Vehicles & Parts median (#943 of 1310)

No single metric tells the full story. See the TSE:7236 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T.RAD Co Business Description

Address Aioi Insurance Shinjyuku Bldg, 3-25-3,Yoyogi, Shibuya-ku, Tokyo, JPN, 151-0053
T.RAD Co Ltd engages in manufacture and sale of automobile parts and other machinery. Its services include the manufacturing and marketing of heat exchangers for automobiles, construction and industrial machines, air conditioners, distributed generators, parts for automobiles, environment-related equipment, and others. The firm's main products consist of radiators, oil coolers, EGR coolers, intercoolers, recuperators, fin coils for air conditioners, and other heat exchangers.
66GF Score

Get the complete analysis for TSE:7236

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

円1,510.00
Price
円429.81
GF Value