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Tokyo Board Industries CoTSE:7815 -3.55%23 Gross Margin % is 25.27% as of Sep. 2025, which is 106% above its 10-year median of 12.26. GuruFocus rates TSE:7815 with a GF Score™ of 23/100. The stock has 5 warning signs investors should review. Among 279 Forest Products companies, Tokyo Board Industries Co ranks better than 63.8% on this metric.
Tokyo Board Industries Co (TSE:7815) 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
Tokyo Board Industries Co had a gross margin of 25.27% for the quarter that ended in Sep. 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.
Tokyo Board Industries Co Gross Margin % Related Terms
Tokyo Board Industries Co Gross Margin % Historical Data
* 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.
TSE:7815 vs SSD, UFPI, BCC: Gross Margin % Comparison
For the Lumber & Wood Production subindustry, Tokyo Board Industries 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.
Tokyo Board Industries Co Gross Margin % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Tokyo Board Industries Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Tokyo Board Industries 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.
Tokyo Board Industries Co (TSE:7815) has a Gross Margin % of 25.27% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Tokyo Board Industries Co and its competitors. This is 106% above median its historical median of 12.26. According to the industry distribution chart, Tokyo Board Industries Co ranks #101 out of 279 companies in the Forest Products industry, placing it in the top 36.2%.
Is Tokyo Board Industries Co's Gross Margin % too high?
Tokyo Board Industries Co's current Gross Margin % of 25.27% is 106% above median its 10-year median of 12.26. The Forest Products industry median Gross Margin % is 18.89. Tokyo Board Industries Co's value of 25.27% is 33.8% above this industry median. Based on the distribution chart, Tokyo Board Industries Co ranks #101 out of 279 companies in the Forest Products industry, which is above the industry midpoint. Overall, Tokyo Board Industries Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Tokyo Board Industries Co's Gross Margin % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Tokyo Board Industries Co ranks #101 out of 279 companies for Gross Margin %. This puts Tokyo Board Industries Co in the upper half of its industry. The industry median Gross Margin % is 18.89. Tokyo Board Industries Co's value of 25.27% is 33.8% above this benchmark. While the company's 10-year median is 12.26 vs. the industry median of 18.89, Tokyo Board Industries Co has consistently been above 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 Forest Products company?
The median Gross Margin % among Forest Products companies is 18.89, based on 279 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. Tokyo Board Industries Co's current Gross Margin % of 25.27% is 33.8% above 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 Tokyo Board Industries Co and its competitors. For the Forest Products industry, the median Gross Margin % is 18.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Board Industries Co's current Gross Margin % is 25.27%, which is 106% above median its own 10-year median of 12.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Board Industries Co stock overvalued right now?
Tokyo Board Industries Co (TSE:7815) has a current Gross Margin % of 25.27%. The current Gross Margin % is 25.27%, which is 106% above median its 10-year median of 12.26 and 33.8% above the Forest Products industry median of 18.89. Tokyo Board Industries Co's overall GF Score™ is 23/100 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 Tokyo Board Industries Co (TSE:7815), the current Gross Margin % is 25.27% as of Sep. 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.
Tokyo Board Industries Co Ltd is engaged in the manufacture and sale of particleboard. Its operating segments include Particle board; Waste collection, transportation & processing; and Others.
23GF Score
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