Tohbu Network Co (TSE:9036) Gross Margin %: 12.07% (As of Mar. 2026) — 21% Above Median


TSE:9036 Tohbu Network Co Ltd TSE:9036
69 GF Score
Price 円1,258.00
GF Value 円911.84
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tohbu Network Co Gross Margin %?

Tohbu Network Co TSE:9036 69 Gross Margin % is 12.07% as of Mar. 2026, which is 21% above its 10-year median of 9.99. GuruFocus rates TSE:9036 with a GF Score™ of 69/100 and a GF Value™ of 円911.84 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 978 Transportation companies, Tohbu Network Co ranks worse than 70.65% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tohbu Network Co's Gross Profit for the six months ended in Mar. 2026 was 円589 Mil. Tohbu Network Co's Revenue for the six months ended in Mar. 2026 was 円4,879 Mil. Therefore, Tohbu Network Co's Gross Margin % for the quarter that ended in Mar. 2026 was 12.07%.


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

TSE:9036' s Gross Margin % Range Over the Past 10 Years
Min: 8.53   Med: 9.99   Max: 12.77
Current: 12.45


During the past 13 years, the highest Gross Margin % of Tohbu Network Co was 12.77%. The lowest was 8.53%. And the median was 9.99%.

TSE:9036's Gross Margin % is ranked worse than
70.65% of 978 companies
in the Transportation industry
Industry Median: 20.5 vs TSE:9036: 12.45

Tohbu Network Co had a gross margin of 12.07% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tohbu Network Co was 0.00% per year.


Tohbu Network Co  (TSE:9036) 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

Tohbu Network Co had a gross margin of 12.07% 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.


Tohbu Network Co Gross Margin % Related Terms


Tohbu Network Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tohbu Network 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.

Tohbu Network Co Gross Margin % Chart

Tohbu Network 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 9.52 10.35 9.99 10.10 12.45

Tohbu Network Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 8.54 10.39 9.77 12.80 12.07

TSE:9036 vs UPS, FDX, JBHT: Gross Margin % Comparison

For the Integrated Freight & Logistics subindustry, Tohbu Network 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.


Tohbu Network Co Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Tohbu Network Co's Gross Margin % distribution charts can be found below:

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


TSE:9036
69GF Score
Tohbu Network Co Ltd TSE:9036
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tohbu Network Co Gross Margin % Calculation

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

Tohbu Network 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 )
=1254.3 / 10077.252
=(Revenue - Cost of Goods Sold) / Revenue
=(10077.252 - 8822.962) / 10077.252
=12.45 %

Tohbu Network 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 )
=589.1 / 4879.402
=(Revenue - Cost of Goods Sold) / Revenue
=(4879.402 - 4290.305) / 4879.402
=12.07 %

* 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 12.07% mean?
Tohbu Network Co (TSE:9036) has a Gross Margin % of 12.07% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tohbu Network Co and its competitors. This is 21% above median its historical median of 9.99. Over the past decade, Tohbu Network Co's Gross Margin % has ranged from 8.53 to 12.77. According to the industry distribution chart, Tohbu Network Co ranks #691 out of 978 companies in the Transportation industry, placing it in the top 70.7%.
Is Tohbu Network Co's Gross Margin % too high?
Tohbu Network Co's current Gross Margin % of 12.07% is 21% above median its 10-year median of 9.99. Over the past 10 years, this metric has ranged from a low of 8.53 to a high of 12.77. The Transportation industry median Gross Margin % is 20.50. Tohbu Network Co's value of 12.07% is 41.1% below this industry median. Based on the distribution chart, Tohbu Network Co ranks #691 out of 978 companies in the Transportation industry, which is below the industry midpoint. Overall, Tohbu Network Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tohbu Network Co's Gross Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, Tohbu Network Co ranks #691 out of 978 companies for Gross Margin %. This places Tohbu Network Co in the lower half of its industry. The industry median Gross Margin % is 20.50. Tohbu Network Co's value of 12.07% is 41.1% below this benchmark. Historically, Tohbu Network Co's own Gross Margin % has ranged from 8.53 to 12.77 over the past decade. While the company's 10-year median is 9.99 vs. the industry median of 20.50, Tohbu Network 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.50, based on 978 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. Tohbu Network Co's current Gross Margin % of 12.07% is 41.1% 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 Tohbu Network Co and its competitors. For the Transportation industry, the median Gross Margin % is 20.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tohbu Network Co's current Gross Margin % is 12.07%, which is 21% above median its own 10-year median of 9.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tohbu Network Co stock overvalued right now?
Based on GuruFocus' analysis, Tohbu Network Co (TSE:9036) is currently considered Significantly Overvalued. The stock's GF Value™ is 円911.84, compared to a current price of 円1,258.00 — trading 38% above its estimated fair value. The current Gross Margin % is 12.07%, which is 21% above median its 10-year median of 9.99 and 41.1% below the Transportation industry median of 20.50. Tohbu Network Co's overall GF Score™ is 69/100 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 Tohbu Network Co (TSE:9036), the current Gross Margin % is 12.07% 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 Tohbu Network Co (TSE:9036) Overvalued in 2026?

Based on GuruFocus' analysis, Tohbu Network Co stock appears to be overvalued. The current stock price of 円1,258.00 is trading 38% above its estimated GF Value™ of 円911.84. GuruFocus considers Tohbu Network Co to be Significantly Overvalued.

Key valuation signals for TSE:9036:

  • Gross Margin %: 12.07% (21% above median its 10-year median of 9.99)
  • GF Value™: 円911.84 vs. price of 円1,258.00 (38% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 41.1% below the Transportation median (#691 of 978)

No single metric tells the full story. See the TSE:9036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tohbu Network Co Business Description

Address 2F, Sakaecho 2 Kanagawa-ku, Kanagawa-ku, 9 East Eastern Yokohama Building, Yokohama, JPN, 221-00529
Tohbu Network Co Ltd is engaged in cargo car transport business, cargo use transportation business, specified passenger car transportation business, real estate leasing business, warehouse industry, worker dispatch business, industrial waste collection, and sales business of petroleum and high pressure gases.
69GF Score

Get the complete analysis for TSE:9036

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

円1,258.00
Price
円911.84
GF Value