Ohba Co (TSE:9765) Gross Margin %: 34.96% (As of Feb. 2026) — 16% Above Median

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TSE:9765 Ohba Co Ltd TSE:9765
75 GF Score
Price 円1,113.00
GF Value 円1,141.57
Valuation Fairly Valued
! 3 Warning Signs
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What is Ohba Co Gross Margin %?

Ohba Co TSE:9765 -0.71% 75 Gross Margin % is 34.96% as of Feb. 2026, which is 16% above its 10-year median of 30.01. GuruFocus rates TSE:9765 with a GF Score™ of 75/100 and a GF Value™ of 円1,141.57 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,725 Construction companies, Ohba Co ranks better than 71.54% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ohba Co's Gross Profit for the three months ended in Feb. 2026 was 円1,301 Mil. Ohba Co's Revenue for the three months ended in Feb. 2026 was 円3,723 Mil. Therefore, Ohba Co's Gross Margin % for the quarter that ended in Feb. 2026 was 34.96%.


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

TSE:9765' s Gross Margin % Range Over the Past 10 Years
Min: 23.16   Med: 30.01   Max: 33.5
Current: 31.73


During the past 13 years, the highest Gross Margin % of Ohba Co was 33.50%. The lowest was 23.16%. And the median was 30.01%.

TSE:9765's Gross Margin % is ranked better than
71.54% of 1725 companies
in the Construction industry
Industry Median: 20.7 vs TSE:9765: 31.73

Ohba Co had a gross margin of 34.96% for the quarter that ended in Feb. 2026 => Competition eroding margins

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


Ohba Co  (TSE:9765) 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

Ohba Co had a gross margin of 34.96% for the quarter that ended in Feb. 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.


Ohba Co Gross Margin % Related Terms


Ohba Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ohba 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.

Ohba Co Gross Margin % Chart

Ohba Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.36 33.10 33.50 31.73 31.73

Ohba Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 34.52 32.87 33.52 34.96 28.39

TSE:9765 vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Ohba 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.


Ohba Co Gross Margin % vs Construction Industry

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

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


TSE:9765
75GF Score
Ohba Co Ltd TSE:9765
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ohba Co Gross Margin % Calculation

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

Ohba Co's Gross Margin for the fiscal year that ended in May. 2026 is calculated as

Gross Margin % (A: May. 2026 )=Gross Profit (A: May. 2026 ) / Revenue (A: May. 2026 )
=5741.6 / 18096.69
=(Revenue - Cost of Goods Sold) / Revenue
=(18096.69 - 12355.046) / 18096.69
=31.73 %

Ohba Co'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 )
=1301.3 / 3722.528
=(Revenue - Cost of Goods Sold) / Revenue
=(3722.528 - 2421.184) / 3722.528
=34.96 %

* 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 34.96% mean?
Ohba Co (TSE:9765) has a Gross Margin % of 34.96% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ohba Co and its competitors. This is 16% above median its historical median of 30.01. Over the past decade, Ohba Co's Gross Margin % has ranged from 23.16 to 33.50. According to the industry distribution chart, Ohba Co ranks #491 out of 1725 companies in the Construction industry, placing it in the top 28.5%.
Is Ohba Co's Gross Margin % too high?
Ohba Co's current Gross Margin % of 34.96% is 16% above median its 10-year median of 30.01. Over the past 10 years, this metric has ranged from a low of 23.16 to a high of 33.50. The Construction industry median Gross Margin % is 20.70. Ohba Co's value of 34.96% is 68.9% above this industry median. Based on the distribution chart, Ohba Co ranks #491 out of 1725 companies in the Construction industry, which is above the industry midpoint. Overall, Ohba Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ohba Co's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Ohba Co ranks #491 out of 1725 companies for Gross Margin %. This puts Ohba Co in the upper half of its industry. The industry median Gross Margin % is 20.70. Ohba Co's value of 34.96% is 68.9% above this benchmark. Historically, Ohba Co's own Gross Margin % has ranged from 23.16 to 33.50 over the past decade. While the company's 10-year median is 30.01 vs. the industry median of 20.70, Ohba 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 a Construction company?
The median Gross Margin % among Construction companies is 20.70, based on 1,725 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. Ohba Co's current Gross Margin % of 34.96% is 68.9% 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 Ohba Co and its competitors. For the Construction industry, the median Gross Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ohba Co's current Gross Margin % is 34.96%, which is 16% above median its own 10-year median of 30.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ohba Co stock overvalued right now?
Based on GuruFocus' analysis, Ohba Co (TSE:9765) is currently considered Fairly Valued. The stock's GF Value™ is 円1,141.57, compared to a current price of 円1,113.00 — trading 2.5% below its estimated fair value. The current Gross Margin % is 34.96%, which is 16% above median its 10-year median of 30.01 and 68.9% above the Construction industry median of 20.70. Ohba Co's overall GF Score™ is 75/100 with 3 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 Ohba Co (TSE:9765), the current Gross Margin % is 34.96% 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 Ohba Co (TSE:9765) Overvalued in 2026?

Based on GuruFocus' analysis, Ohba Co stock appears to be undervalued. The current stock price of 円1,113.00 is trading 2.5% below its estimated GF Value™ of 円1,141.57. GuruFocus considers Ohba Co to be Fairly Valued.

Key valuation signals for TSE:9765:

  • Gross Margin %: 34.96% (16% above median its 10-year median of 30.01)
  • GF Value™: 円1,141.57 vs. price of 円1,113.00 (2.5% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 68.9% above the Construction median (#491 of 1725)

No single metric tells the full story. See the TSE:9765 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ohba Co Business Description

Address Kowa Hitotsubashi Building, 3-7-1 Kanda Nishikicho, Chiyoda-ku, Tokyo, JPN, 153-0042
Ohba Co Ltd is a civil engineering consultant company. Its services include land and air surveying, designing of parks and roads and development/redevelopment of the urban land.
75GF Score

Get the complete analysis for TSE:9765

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

円1,113.00
Price
円1,141.57
GF Value