Hiroshima Gas CoTSE:9535 62 Gross Margin % is 31.84% as of Mar. 2026, which is 7% below its 10-year median of 34.10. GuruFocus rates TSE:9535 with a GF Score™ of 62/100 and a GF Value™ of 円352.04 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 869 Oil & Gas companies, Hiroshima Gas Co ranks better than 55.58% on this metric.
Hiroshima Gas Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.8%.
The historical rank and industry rank for Hiroshima Gas Co's Gross Margin % or its related term are showing as below:
TSE:9535'
s Gross Margin % Range Over the Past 10 Years
Min: 28.64 Med: 34.1 Max: 41.17
Current: 29.82
During the past 13 years, the highestGross Margin % of Hiroshima Gas Co was 41.17%. The lowest was 28.64%. And the median was 34.10%.
TSE:9535's Gross Margin % is ranked better than 55.58% of 869
companies
in the Oil & Gas industry
Industry Median: 25.7
vs TSE:9535: 29.82
Hiroshima Gas Co had a gross margin of 31.84% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Hiroshima Gas Co was -5.80% per year.
Hiroshima Gas Co (TSE:9535) 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
Hiroshima Gas Co had a gross margin of 31.84% 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.
Hiroshima Gas Co Gross Margin % Related Terms
Hiroshima Gas Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Hiroshima Gas 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.
For the Oil & Gas Integrated subindustry, Hiroshima Gas 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.
Hiroshima Gas Co Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hiroshima Gas Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Hiroshima Gas Co'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.
Hiroshima Gas Co (TSE:9535) has a Gross Margin % of 31.84% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hiroshima Gas Co and its competitors. This is near median its historical median of 34.10. Over the past decade, Hiroshima Gas Co's Gross Margin % has ranged from 28.64 to 41.17. According to the industry distribution chart, Hiroshima Gas Co ranks #386 out of 869 companies in the Oil & Gas industry, placing it in the top 44.4%.
Is Hiroshima Gas Co's Gross Margin % too high?
Hiroshima Gas Co's current Gross Margin % of 31.84% is near median its 10-year median of 34.10. Over the past 10 years, this metric has ranged from a low of 28.64 to a high of 41.17. The Oil & Gas industry median Gross Margin % is 25.70. Hiroshima Gas Co's value of 31.84% is 23.9% above this industry median. Based on the distribution chart, Hiroshima Gas Co ranks #386 out of 869 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Hiroshima Gas Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiroshima Gas Co's Gross Margin % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Hiroshima Gas Co ranks #386 out of 869 companies for Gross Margin %. This puts Hiroshima Gas Co in the upper half of its industry. The industry median Gross Margin % is 25.70. Hiroshima Gas Co's value of 31.84% is 23.9% above this benchmark. Historically, Hiroshima Gas Co's own Gross Margin % has ranged from 28.64 to 41.17 over the past decade. While the company's 10-year median is 34.10 vs. the industry median of 25.70, Hiroshima Gas Co 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 Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 869 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. Hiroshima Gas Co's current Gross Margin % of 31.84% is 23.9% 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 Hiroshima Gas Co and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiroshima Gas Co's current Gross Margin % is 31.84%, which is near median its own 10-year median of 34.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroshima Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hiroshima Gas Co (TSE:9535) is currently considered Modestly Overvalued. The stock's GF Value™ is 円352.04, compared to a current price of 円420.00 — trading 19.3% above its estimated fair value. The current Gross Margin % is 31.84%, which is near median its 10-year median of 34.10 and 23.9% above the Oil & Gas industry median of 25.70. Hiroshima Gas Co's overall GF Score™ is 62/100 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 Hiroshima Gas Co (TSE:9535), the current Gross Margin % is 31.84% 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 Hiroshima Gas Co (TSE:9535) Overvalued in 2026?
Based on GuruFocus' analysis, Hiroshima Gas Co stock appears to be overvalued.
The current stock price of 円420.00 is trading 19.3% above its estimated GF Value™ of 円352.04.
GuruFocus considers Hiroshima Gas Co to be Modestly Overvalued.
Key valuation signals for TSE:9535:
Gross Margin %: 31.84% (near median its 10-year median of 34.10)
GF Value™: 円352.04 vs. price of 円420.00 (19.3% above fair value)
Industry Position: 23.9% above the Oil & Gas median (#386 of 869)
No single metric tells the full story. See the TSE:9535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiroshima Gas Co Ltd is a provider of gas in the Chugoku region of Japan. It engages in supply of gas business, sale of gas appliances, sales of liquefied natural gas, and electricity business. Its business segments include Gas business which includes production, supply and sale of city gas, wholesale supply of gas to other gas companies; LPG business includes sale of LPG, refilling of LPG tanks, sale of LPG devices and installation of LPG pipes, and Other activities include construction, engineering, installation of machinery, and information distribution.
62GF Score
Get the complete analysis for TSE:9535
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:9535 has been successfully added to your 
