RENOVA (TSE:9519) Gross Margin %: 51.97% (As of Mar. 2026) — 11% Below Median


TSE:9519 RENOVA Inc TSE:9519
76 GF Score
Price 円981.00
GF Value 円1,348.68
Valuation Modestly Undervalued
! 6 Warning Signs
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What is RENOVA Gross Margin %?

RENOVA TSE:9519 +1.55% 76 Gross Margin % is 51.97% as of Mar. 2026, which is 11% below its 10-year median of 58.34. GuruFocus rates TSE:9519 with a GF Score™ of 76/100 and a GF Value™ of 円1,348.68 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, RENOVA ranks better than 74.94% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. RENOVA's Gross Profit for the three months ended in Mar. 2026 was 円12,267 Mil. RENOVA's Revenue for the three months ended in Mar. 2026 was 円23,606 Mil. Therefore, RENOVA's Gross Margin % for the quarter that ended in Mar. 2026 was 51.97%.

Warning Sign:

RENOVA Inc gross margin has been in long-term decline. The average rate of decline per year is -9.9%.


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

TSE:9519' s Gross Margin % Range Over the Past 10 Years
Min: 43.46   Med: 58.34   Max: 89.9
Current: 53.75


During the past 11 years, the highest Gross Margin % of RENOVA was 89.90%. The lowest was 43.46%. And the median was 58.34%.

TSE:9519's Gross Margin % is ranked better than
74.94% of 403 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.35 vs TSE:9519: 53.75

RENOVA had a gross margin of 51.97% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for RENOVA was -9.90% per year.


RENOVA  (TSE:9519) 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

RENOVA had a gross margin of 51.97% for the quarter that ended in Mar. 2026 => Durable 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.


RENOVA Gross Margin % Related Terms


RENOVA Gross Margin % Historical Data

* Premium members only.

The historical data trend for RENOVA'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.

RENOVA Gross Margin % Chart

RENOVA Annual Data
Trend May16 May17 May18 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.86 70.31 61.10 55.18 53.75

RENOVA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 56.82 56.32 56.23 51.18 51.97

RENOVA Gross Margin % Competitor Comparison

For the Utilities - Renewable subindustry, RENOVA'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.


RENOVA Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, RENOVA's Gross Margin % distribution charts can be found below:

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


TSE:9519
76GF Score
RENOVA Inc TSE:9519
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RENOVA Gross Margin % Calculation

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

RENOVA'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 )
=47098 / 87622
=(Revenue - Cost of Goods Sold) / Revenue
=(87622 - 40524) / 87622
=53.75 %

RENOVA'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 )
=12267 / 23606
=(Revenue - Cost of Goods Sold) / Revenue
=(23606 - 11339) / 23606
=51.97 %

* 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 51.97% mean?
RENOVA (TSE:9519) has a Gross Margin % of 51.97% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on RENOVA and its competitors. This is 11% below median its historical median of 58.34. Over the past decade, RENOVA's Gross Margin % has ranged from 43.46 to 89.90. According to the industry distribution chart, RENOVA ranks #101 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 25.1%.
Is RENOVA's Gross Margin % too high?
RENOVA's current Gross Margin % of 51.97% is 11% below median its 10-year median of 58.34. Over the past 10 years, this metric has ranged from a low of 43.46 to a high of 89.90. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. RENOVA's value of 51.97% is 65.8% above this industry median. Based on the distribution chart, RENOVA ranks #101 out of 403 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, RENOVA has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RENOVA's Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, RENOVA ranks #101 out of 403 companies for Gross Margin %. This puts RENOVA in the upper half of its industry. The industry median Gross Margin % is 31.35. RENOVA's value of 51.97% is 65.8% above this benchmark. Historically, RENOVA's own Gross Margin % has ranged from 43.46 to 89.90 over the past decade. While the company's 10-year median is 58.34 vs. the industry median of 31.35, RENOVA 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 an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 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. RENOVA's current Gross Margin % of 51.97% is 65.8% 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 RENOVA and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RENOVA's current Gross Margin % is 51.97%, which is 11% below median its own 10-year median of 58.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RENOVA stock overvalued right now?
Based on GuruFocus' analysis, RENOVA (TSE:9519) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,348.68, compared to a current price of 円981.00 — trading 27.3% below its estimated fair value. The current Gross Margin % is 51.97%, which is 11% below median its 10-year median of 58.34 and 65.8% above the Utilities - Independent Power Producers industry median of 31.35. RENOVA's overall GF Score™ is 76/100 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 RENOVA (TSE:9519), the current Gross Margin % is 51.97% 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 RENOVA (TSE:9519) Overvalued in 2026?

Based on GuruFocus' analysis, RENOVA stock appears to be undervalued. The current stock price of 円981.00 is trading 27.3% below its estimated GF Value™ of 円1,348.68. GuruFocus considers RENOVA to be Modestly Undervalued.

Key valuation signals for TSE:9519:

  • Gross Margin %: 51.97% (11% below median its 10-year median of 58.34)
  • GF Value™: 円1,348.68 vs. price of 円981.00 (27.3% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 65.8% above the Utilities - Independent Power Producers median (#101 of 403)

No single metric tells the full story. See the TSE:9519 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RENOVA Business Description

Address Tokyo Sankei Building 27 Floor, 18 Floor, 1-7-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
RENOVA Inc is a Japan-based company mainly engaged in renewable energy generation business and the development and management of renewable energy business. With its subsidiaries, the company operates power generation business. Renewable energy power generation develops electricity sales business by operating renewable energy power plants, including large-scale solar power generation, wind power generation, and biomass power generation.
76GF Score

Get the complete analysis for TSE:9519

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

円981.00
Price
円1,348.68
GF Value