AIT (TSE:9381) Gross Margin %: 17.45% (As of Feb. 2026) — Near Median

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TSE:9381 AIT Corp TSE:9381
79 GF Score
Price 円2,278.00
GF Value 円1,858.37
Valuation Modestly Overvalued
! 6 Warning Signs
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What is AIT Gross Margin %?

AIT TSE:9381 -0.96% 79 Gross Margin % is 17.45% as of Feb. 2026, which is 3% below its 10-year median of 18.01. GuruFocus rates TSE:9381 with a GF Score™ of 79/100 and a GF Value™ of 円1,858.37 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 982 Transportation companies, AIT ranks worse than 57.64% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. AIT's Gross Profit for the six months ended in Feb. 2026 was 円5,262 Mil. AIT's Revenue for the six months ended in Feb. 2026 was 円30,155 Mil. Therefore, AIT's Gross Margin % for the quarter that ended in Feb. 2026 was 17.45%.


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

TSE:9381' s Gross Margin % Range Over the Past 10 Years
Min: 15.54   Med: 18.01   Max: 23.51
Current: 17.62


During the past 13 years, the highest Gross Margin % of AIT was 23.51%. The lowest was 15.54%. And the median was 18.01%.

TSE:9381's Gross Margin % is ranked worse than
57.64% of 982 companies
in the Transportation industry
Industry Median: 20.4 vs TSE:9381: 17.62

AIT had a gross margin of 17.45% for the quarter that ended in Feb. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AIT was 1.40% per year.


AIT  (TSE:9381) 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

AIT had a gross margin of 17.45% for the quarter that ended in Feb. 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.


AIT Gross Margin % Related Terms


AIT Gross Margin % Historical Data

* Premium members only.

The historical data trend for AIT'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.

AIT Gross Margin % Chart

AIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.15 16.18 19.88 18.14 17.62

AIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 19.61 19.59 16.86 17.81 17.45

TSE:9381 vs UPS, FDX, JBHT: Gross Margin % Comparison

For the Integrated Freight & Logistics subindustry, AIT'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.


AIT Gross Margin % vs Transportation Industry

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

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


TSE:9381
79GF Score
AIT Corp TSE:9381
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AIT Gross Margin % Calculation

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

AIT's Gross Margin for the fiscal year that ended in Feb. 2026 is calculated as

Gross Margin % (A: Feb. 2026 )=Gross Profit (A: Feb. 2026 ) / Revenue (A: Feb. 2026 )
=10292 / 58399
=(Revenue - Cost of Goods Sold) / Revenue
=(58399 - 48107) / 58399
=17.62 %

AIT's Gross Margin for the quarter that ended in Feb. 2026 is calculated as


Gross Margin % (Q: Feb. 2026 )=Gross Profit (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=5262 / 30155
=(Revenue - Cost of Goods Sold) / Revenue
=(30155 - 24893) / 30155
=17.45 %

* 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 17.45% mean?
AIT (TSE:9381) has a Gross Margin % of 17.45% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on AIT and its competitors. This is near median its historical median of 18.01. Over the past decade, AIT's Gross Margin % has ranged from 15.54 to 23.51. According to the industry distribution chart, AIT ranks #566 out of 982 companies in the Transportation industry, placing it in the top 57.6%.
Is AIT's Gross Margin % too high?
AIT's current Gross Margin % of 17.45% is near median its 10-year median of 18.01. Over the past 10 years, this metric has ranged from a low of 15.54 to a high of 23.51. The Transportation industry median Gross Margin % is 20.40. AIT's value of 17.45% is 14.5% below this industry median. Based on the distribution chart, AIT ranks #566 out of 982 companies in the Transportation industry, which is below the industry midpoint. Overall, AIT has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AIT's Gross Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, AIT ranks #566 out of 982 companies for Gross Margin %. This places AIT in the lower half of its industry. The industry median Gross Margin % is 20.40. AIT's value of 17.45% is 14.5% below this benchmark. Historically, AIT's own Gross Margin % has ranged from 15.54 to 23.51 over the past decade. While the company's 10-year median is 18.01 vs. the industry median of 20.40, AIT 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 20.40, based on 982 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. AIT's current Gross Margin % of 17.45% is 14.5% 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 AIT and its competitors. For the Transportation industry, the median Gross Margin % is 20.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIT's current Gross Margin % is 17.45%, which is near median its own 10-year median of 18.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIT stock overvalued right now?
Based on GuruFocus' analysis, AIT (TSE:9381) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,858.37, compared to a current price of 円2,278.00 — trading 22.6% above its estimated fair value. The current Gross Margin % is 17.45%, which is near median its 10-year median of 18.01 and 14.5% below the Transportation industry median of 20.40. AIT's overall GF Score™ is 79/100 with 6 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 AIT (TSE:9381), the current Gross Margin % is 17.45% as of Feb. 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 AIT (TSE:9381) Overvalued in 2026?

Based on GuruFocus' analysis, AIT stock appears to be overvalued. The current stock price of 円2,278.00 is trading 22.6% above its estimated GF Value™ of 円1,858.37. GuruFocus considers AIT to be Modestly Overvalued.

Key valuation signals for TSE:9381:

  • Gross Margin %: 17.45% (near median its 10-year median of 18.01)
  • GF Value™: 円1,858.37 vs. price of 円2,278.00 (22.6% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 14.5% below the Transportation median (#566 of 982)

No single metric tells the full story. See the TSE:9381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AIT Business Description

Address 2-1-6 Honmachi, 15 Floor, Sakaisuji-Honmachi-Center Building, Chuo-ku, Osaka, JPN, 541-0053
AIT Corp is a Japan-based integrated logistics company. It is engaged in the delivery and cargo services. The services offered by the company include freight forwarding through marine, air, motor truck, railroad, and coastal transport. AIT also offers airfreight agency, customs clearance, warehousing, ship brokerage, import, and export agency, and nonlife insurance services. The company has network operations in Taiwan, Vietnam, Indonesia, Malaysia, Korea, Myanmar, Cambodia, Singapore, Philippine, Bangladesh, India, Sri Lanka, Pakistan, Australia, and Canada.
79GF Score

Get the complete analysis for TSE:9381

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

円2,278.00
Price
円1,858.37
GF Value