Sincere Co (TSE:7782) Gross Margin %: 29.78% (As of Dec. 2025) — Near Median

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TSE:7782 Sincere Co Ltd TSE:7782
77 GF Score
Price 円472.00
GF Value 円689.09
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Sincere Co Gross Margin %?

Sincere Co TSE:7782 +0.21% 77 Gross Margin % is 29.78% as of Dec. 2025, which is 1% below its 10-year median of 30.17. GuruFocus rates TSE:7782 with a GF Score™ of 77/100 and a GF Value™ of 円689.09 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 804 Medical Devices & Instruments companies, Sincere Co ranks worse than 79.98% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Sincere Co's Gross Profit for the three months ended in Dec. 2025 was 円607 Mil. Sincere Co's Revenue for the three months ended in Dec. 2025 was 円2,037 Mil. Therefore, Sincere Co's Gross Margin % for the quarter that ended in Dec. 2025 was 29.78%.


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

TSE:7782' s Gross Margin % Range Over the Past 10 Years
Min: 25.11   Med: 30.17   Max: 32.07
Current: 31.01


During the past 12 years, the highest Gross Margin % of Sincere Co was 32.07%. The lowest was 25.11%. And the median was 30.17%.

TSE:7782's Gross Margin % is ranked worse than
79.98% of 804 companies
in the Medical Devices & Instruments industry
Industry Median: 52.26 vs TSE:7782: 31.01

Sincere Co had a gross margin of 29.78% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sincere Co was 1.20% per year.


Sincere Co  (TSE:7782) 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

Sincere Co had a gross margin of 29.78% for the quarter that ended in Dec. 2025 => Competition eroding margins


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.


Sincere Co Gross Margin % Related Terms


Sincere Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sincere 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.

Sincere Co Gross Margin % Chart

Sincere Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.22 25.11 30.92 32.07 31.90

Sincere Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 36.52 30.56 31.80 29.78 32.02

TSE:7782 vs ISRG, BDX, MDLN: Gross Margin % Comparison

For the Medical Instruments & Supplies subindustry, Sincere 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.


Sincere Co Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sincere Co's Gross Margin % distribution charts can be found below:

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


TSE:7782
77GF Score
Sincere Co Ltd TSE:7782
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sincere Co Gross Margin % Calculation

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

Sincere Co's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=2378.8 / 7456.078
=(Revenue - Cost of Goods Sold) / Revenue
=(7456.078 - 5077.281) / 7456.078
=31.90 %

Sincere Co's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=606.6 / 2036.771
=(Revenue - Cost of Goods Sold) / Revenue
=(2036.771 - 1430.194) / 2036.771
=29.78 %

* 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 29.78% mean?
Sincere Co (TSE:7782) has a Gross Margin % of 29.78% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Sincere Co and its competitors. This is near median its historical median of 30.17. Over the past decade, Sincere Co's Gross Margin % has ranged from 25.11 to 32.07. According to the industry distribution chart, Sincere Co ranks #643 out of 804 companies in the Medical Devices & Instruments industry, placing it in the top 80%.
Is Sincere Co's Gross Margin % too high?
Sincere Co's current Gross Margin % of 29.78% is near median its 10-year median of 30.17. Over the past 10 years, this metric has ranged from a low of 25.11 to a high of 32.07. The Medical Devices & Instruments industry median Gross Margin % is 52.26. Sincere Co's value of 29.78% is 43% below this industry median. Based on the distribution chart, Sincere Co ranks #643 out of 804 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Sincere Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sincere Co's Gross Margin % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Sincere Co ranks #643 out of 804 companies for Gross Margin %. This places Sincere Co in the lower half of its industry. The industry median Gross Margin % is 52.26. Sincere Co's value of 29.78% is 43% below this benchmark. Historically, Sincere Co's own Gross Margin % has ranged from 25.11 to 32.07 over the past decade. While the company's 10-year median is 30.17 vs. the industry median of 52.26, Sincere 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 Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.26, based on 804 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. Sincere Co's current Gross Margin % of 29.78% is 43% 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 Sincere Co and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sincere Co's current Gross Margin % is 29.78%, which is near median its own 10-year median of 30.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sincere Co stock overvalued right now?
Based on GuruFocus' analysis, Sincere Co (TSE:7782) is currently considered Significantly Undervalued. The stock's GF Value™ is 円689.09, compared to a current price of 円472.00 — trading 31.5% below its estimated fair value. The current Gross Margin % is 29.78%, which is near median its 10-year median of 30.17 and 43% below the Medical Devices & Instruments industry median of 52.26. Sincere Co's overall GF Score™ is 77/100 with 1 warning sign 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 Sincere Co (TSE:7782), the current Gross Margin % is 29.78% as of Dec. 2025. 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 Sincere Co (TSE:7782) Overvalued in 2026?

Based on GuruFocus' analysis, Sincere Co stock appears to be undervalued. The current stock price of 円472.00 is trading 31.5% below its estimated GF Value™ of 円689.09. GuruFocus considers Sincere Co to be Significantly Undervalued.

Key valuation signals for TSE:7782:

  • Gross Margin %: 29.78% (near median its 10-year median of 30.17)
  • GF Value™: 円689.09 vs. price of 円472.00 (31.5% below fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 43% below the Medical Devices & Instruments median (#643 of 804)

No single metric tells the full story. See the TSE:7782 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sincere Co Business Description

Address 1-28-34 Hongo, Bunkyo-ku, 6th Floor, Hongo MK Building, Tokyo, JPN, 113-0033
Sincere Co Ltd is a Japanese firm engaged in the manufacturing and sale of contact lens.As a company that manufactures and sells contact lenses, which are high-regulated medical devices, it place the highest priority on product safety and quality control, while working closely with company's customers to develop a variety-of-products and sell them at affordable prices to please as many customers as possible. The company opperates domestically as well as internationally.
77GF Score

Get the complete analysis for TSE:7782

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

円472.00
Price
円689.09
GF Value