Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
TV Tokyo HoldingsTSE:9413 -0.70%76 Gross Margin % is 29.55% as of Mar. 2026, which is 4% below its 10-year median of 30.69. GuruFocus rates TSE:9413 with a GF Score™ of 76/100 and a GF Value™ of 円3,850.40 (Fairly Valued). Among 941 Media - Diversified companies, TV Tokyo Holdings ranks worse than 59.51% on this metric.
The historical rank and industry rank for TV Tokyo Holdings's Gross Margin % or its related term are showing as below:
TSE:9413'
s Gross Margin % Range Over the Past 10 Years
Min: 27.57 Med: 30.69 Max: 33.3
Current: 33.3
During the past 13 years, the highestGross Margin % of TV Tokyo Holdings was 33.30%. The lowest was 27.57%. And the median was 30.69%.
TSE:9413's Gross Margin % is ranked worse than 59.51% of 941
companies
in the Media - Diversified industry
Industry Median: 38.99
vs TSE:9413: 33.30
TV Tokyo Holdings had a gross margin of 29.55% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for TV Tokyo Holdings was 2.60% per year.
TV Tokyo Holdings (TSE:9413) 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
TV Tokyo Holdings had a gross margin of 29.55% for the quarter that ended in Mar. 2026 => 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.
TV Tokyo Holdings Gross Margin % Related Terms
TV Tokyo Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for TV Tokyo Holdings'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.
For the Broadcasting subindustry, TV Tokyo Holdings'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.
TV Tokyo Holdings Gross Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, TV Tokyo Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where TV Tokyo Holdings'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.
TV Tokyo Holdings (TSE:9413) has a Gross Margin % of 29.55% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TV Tokyo Holdings and its competitors. This is near median its historical median of 30.69. Over the past decade, TV Tokyo Holdings' Gross Margin % has ranged from 27.57 to 33.30. According to the industry distribution chart, TV Tokyo Holdings ranks #560 out of 941 companies in the Media - Diversified industry, placing it in the top 59.5%.
Is TV Tokyo Holdings' Gross Margin % too high?
TV Tokyo Holdings' current Gross Margin % of 29.55% is near median its 10-year median of 30.69. Over the past 10 years, this metric has ranged from a low of 27.57 to a high of 33.30. The Media - Diversified industry median Gross Margin % is 38.99. TV Tokyo Holdings' value of 29.55% is 24.2% below this industry median. Based on the distribution chart, TV Tokyo Holdings ranks #560 out of 941 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, TV Tokyo Holdings has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TV Tokyo Holdings' Gross Margin % compare to NXST?
According to the Media - Diversified industry distribution chart, TV Tokyo Holdings ranks #560 out of 941 companies for Gross Margin %. This places TV Tokyo Holdings in the lower half of its industry. The industry median Gross Margin % is 38.99. TV Tokyo Holdings' value of 29.55% is 24.2% below this benchmark. Historically, TV Tokyo Holdings' own Gross Margin % has ranged from 27.57 to 33.30 over the past decade. While the company's 10-year median is 30.69 vs. the industry median of 38.99, TV Tokyo Holdings 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.99, based on 941 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. TV Tokyo Holdings's current Gross Margin % of 29.55% is 24.2% 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 TV Tokyo Holdings and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TV Tokyo Holdings's current Gross Margin % is 29.55%, which is near median its own 10-year median of 30.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TV Tokyo Holdings stock overvalued right now?
Based on GuruFocus' analysis, TV Tokyo Holdings (TSE:9413) is currently considered Fairly Valued. The stock's GF Value™ is 円3,850.40, compared to a current price of 円3,565.00 — trading 7.4% below its estimated fair value. The current Gross Margin % is 29.55%, which is near median its 10-year median of 30.69 and 24.2% below the Media - Diversified industry median of 38.99. TV Tokyo Holdings' overall GF Score™ is 76/100. 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 TV Tokyo Holdings (TSE:9413), the current Gross Margin % is 29.55% 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 TV Tokyo Holdings (TSE:9413) Overvalued in 2026?
Based on GuruFocus' analysis, TV Tokyo Holdings stock appears to be undervalued.
The current stock price of 円3,565.00 is trading 7.4% below its estimated GF Value™ of 円3,850.40.
GuruFocus considers TV Tokyo Holdings to be Fairly Valued.
Key valuation signals for TSE:9413:
Gross Margin %: 29.55% (near median its 10-year median of 30.69)
GF Value™: 円3,850.40 vs. price of 円3,565.00 (7.4% below fair value)
Industry Position: 24.2% below the Media - Diversified median (#560 of 941)
No single metric tells the full story. See the TSE:9413 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TV Tokyo Holdings Corporation operates in the broadcasting space in Japan. It is primarily involved in the terrestrial broadcasting business apart from its operation through other segments such as Broadcasting - Peripheral and Satellite Broadcasting. The Terrestrial Broadcasting segment is engaged in the sale of programs to other broadcasters, the provision of broadcast program and film rights, as well as the organization of events. The Broadcasting- peripheral segment is involved in the planning and production of programs, the mail-order business and the Broadcasting Satellite (BS) segment provides TV programs by BS digital broadcasting.
76GF Score
Get the complete analysis for TSE:9413
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9413 has been successfully added to your 
