Gross Margin % is calculated as gross profit divided by its revenue. TOIN's Gross Profit for the
six
months ended in Sep. 2025 was 円1,607 Mil. TOIN's Revenue for the
six
months ended in Sep. 2025 was 円7,472 Mil. Therefore, TOIN's Gross Margin % for the quarter that ended in Sep. 2025 was 21.51%.
The historical rank and industry rank for TOIN's Gross Margin % or its related term are showing as below:
TSE:7923'
s Gross Margin % Range Over the Past 10 Years
Min: 13.67 Med: 16.22 Max: 20.94
Current: 20.94
During the past 13 years, the highestGross Margin % of TOIN was 20.94%. The lowest was 13.67%. And the median was 16.22%.
TSE:7923's Gross Margin % is not ranked
in the Packaging & Containers industry.
Industry Median: 21.28
vs TSE:7923: 20.94
TOIN had a gross margin of 21.51% for the quarter that ended in Sep. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for TOIN was 4.00% per year.
TOIN (TSE:7923) 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
TOIN had a gross margin of 21.51% 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.
TOIN Gross Margin % Related Terms
TOIN Gross Margin % Historical Data
* Premium members only.
The historical data trend for TOIN'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.
TSE:7923 vs SW, PKG, IP: Gross Margin % Comparison
For the Packaging & Containers subindustry, TOIN'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.
TOIN Gross Margin % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, TOIN's Gross Margin % distribution charts can be found below:
* The bar in red indicates where TOIN'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.
TOIN (TSE:7923) has a Gross Margin % of 21.51% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on TOIN and its competitors. This is 33% above median its historical median of 16.22. Over the past decade, TOIN's Gross Margin % has ranged from 13.67 to 20.94.
Is TOIN's Gross Margin % too high?
TOIN's current Gross Margin % of 21.51% is 33% above median its 10-year median of 16.22. Over the past 10 years, this metric has ranged from a low of 13.67 to a high of 20.94. The Packaging & Containers industry median Gross Margin % is 21.28. TOIN's value of 21.51% is 1.1% above this industry median. Overall, TOIN has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does TOIN's Gross Margin % compare to SW and PKG?
TOIN's Gross Margin % of 21.51% can be compared against companies in the Packaging & Containers industry. The industry median Gross Margin % is 21.28. TOIN's value of 21.51% is 1.1% above this benchmark. Historically, TOIN's own Gross Margin % has ranged from 13.67 to 20.94 over the past decade. While the company's 10-year median is 16.22 vs. the industry median of 21.28, TOIN 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 Packaging & Containers company?
The median Gross Margin % among Packaging & Containers companies is 21.28, based on 379 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. TOIN's current Gross Margin % of 21.51% is 1.1% 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 TOIN and its competitors. For the Packaging & Containers industry, the median Gross Margin % is 21.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOIN's current Gross Margin % is 21.51%, which is 33% above median its own 10-year median of 16.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOIN stock overvalued right now?
TOIN (TSE:7923) has a current Gross Margin % of 21.51%. The stock's GF Value™ is 円719.30, compared to a current price of 円1,178.00 — trading 63.8% above its estimated fair value. The current Gross Margin % is 21.51%, which is 33% above median its 10-year median of 16.22 and 1.1% above the Packaging & Containers industry median of 21.28. TOIN's overall GF Score™ is 50/100 with 8 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 TOIN (TSE:7923), the current Gross Margin % is 21.51% 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.
Is TOIN (TSE:7923) Overvalued in 2026?
Based on GuruFocus' analysis, TOIN stock appears to be overvalued.
The current stock price of 円1,178.00 is trading 63.8% above its estimated GF Value™ of 円719.30.
Key valuation signals for TSE:7923:
Gross Margin %: 21.51% (33% above median its 10-year median of 16.22)
GF Value™: 円719.30 vs. price of 円1,178.00 (63.8% above fair value)
Industry Position: 1.1% above the Packaging & Containers median
No single metric tells the full story. See the TSE:7923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOIN Corp is engaged in manufacturing of paper containers like food, confectionary, cosmetics, pharmaceuticals, and resin packages. The company is also engaged in the manufacture and sale of labels, contract packaging of quasi-drugs, and food, and precision coating contract work for electronic equipment components such as functional films, and is working to expand its business in a diversified manner based on printing technology.
50GF Score
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