Nikken Kogaku Co (TSE:9767) Gross Margin %: 29.27% (As of Mar. 2026) — 15% Above Median


TSE:9767 Nikken Kogaku Co Ltd TSE:9767
70 GF Score
Price 円1,451.00
GF Value 円1,573.15
Valuation Fairly Valued
! 2 Warning Signs
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What is Nikken Kogaku Co Gross Margin %?

Nikken Kogaku Co TSE:9767 -2.68% 70 Gross Margin % is 29.27% as of Mar. 2026, which is 15% above its 10-year median of 25.35. GuruFocus rates TSE:9767 with a GF Score™ of 70/100 and a GF Value™ of 円1,573.15 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,718 Construction companies, Nikken Kogaku Co ranks better than 65.95% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Nikken Kogaku Co's Gross Profit for the six months ended in Mar. 2026 was 円1,032 Mil. Nikken Kogaku Co's Revenue for the six months ended in Mar. 2026 was 円3,525 Mil. Therefore, Nikken Kogaku Co's Gross Margin % for the quarter that ended in Mar. 2026 was 29.27%.


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

TSE:9767' s Gross Margin % Range Over the Past 10 Years
Min: 15.53   Med: 25.35   Max: 30.84
Current: 28.68


During the past 13 years, the highest Gross Margin % of Nikken Kogaku Co was 30.84%. The lowest was 15.53%. And the median was 25.35%.

TSE:9767's Gross Margin % is ranked better than
65.95% of 1718 companies
in the Construction industry
Industry Median: 20.75 vs TSE:9767: 28.68

Nikken Kogaku Co had a gross margin of 29.27% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Nikken Kogaku Co was 3.70% per year.


Nikken Kogaku Co  (TSE:9767) 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

Nikken Kogaku Co had a gross margin of 29.27% 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.


Nikken Kogaku Co Gross Margin % Related Terms


Nikken Kogaku Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nikken Kogaku 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.

Nikken Kogaku Co Gross Margin % Chart

Nikken Kogaku Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.96 26.64 27.27 30.84 28.68

Nikken Kogaku Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 27.95 33.26 29.14 27.91 29.27

TSE:9767 vs TT, JCI, CARR: Gross Margin % Comparison

For the Building Products & Equipment subindustry, Nikken Kogaku 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.


Nikken Kogaku Co Gross Margin % vs Construction Industry

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

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


TSE:9767
70GF Score
Nikken Kogaku Co Ltd TSE:9767
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nikken Kogaku Co Gross Margin % Calculation

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

Nikken Kogaku Co'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 )
=1781.4 / 6211.443
=(Revenue - Cost of Goods Sold) / Revenue
=(6211.443 - 4430.066) / 6211.443
=28.68 %

Nikken Kogaku Co'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 )
=1031.7 / 3525.091
=(Revenue - Cost of Goods Sold) / Revenue
=(3525.091 - 2493.383) / 3525.091
=29.27 %

* 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 29.27% mean?
Nikken Kogaku Co (TSE:9767) has a Gross Margin % of 29.27% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nikken Kogaku Co and its competitors. This is 15% above median its historical median of 25.35. Over the past decade, Nikken Kogaku Co's Gross Margin % has ranged from 15.53 to 30.84. According to the industry distribution chart, Nikken Kogaku Co ranks #585 out of 1718 companies in the Construction industry, placing it in the top 34.1%.
Is Nikken Kogaku Co's Gross Margin % too high?
Nikken Kogaku Co's current Gross Margin % of 29.27% is 15% above median its 10-year median of 25.35. Over the past 10 years, this metric has ranged from a low of 15.53 to a high of 30.84. The Construction industry median Gross Margin % is 20.75. Nikken Kogaku Co's value of 29.27% is 41.1% above this industry median. Based on the distribution chart, Nikken Kogaku Co ranks #585 out of 1718 companies in the Construction industry, which is above the industry midpoint. Overall, Nikken Kogaku Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nikken Kogaku Co's Gross Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Nikken Kogaku Co ranks #585 out of 1718 companies for Gross Margin %. This puts Nikken Kogaku Co in the upper half of its industry. The industry median Gross Margin % is 20.75. Nikken Kogaku Co's value of 29.27% is 41.1% above this benchmark. Historically, Nikken Kogaku Co's own Gross Margin % has ranged from 15.53 to 30.84 over the past decade. While the company's 10-year median is 25.35 vs. the industry median of 20.75, Nikken Kogaku 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 20.75, based on 1,718 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. Nikken Kogaku Co's current Gross Margin % of 29.27% is 41.1% 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 Nikken Kogaku Co and its competitors. For the Construction industry, the median Gross Margin % is 20.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikken Kogaku Co's current Gross Margin % is 29.27%, which is 15% above median its own 10-year median of 25.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikken Kogaku Co stock overvalued right now?
Based on GuruFocus' analysis, Nikken Kogaku Co (TSE:9767) is currently considered Fairly Valued. The stock's GF Value™ is 円1,573.15, compared to a current price of 円1,451.00 — trading 7.8% below its estimated fair value. The current Gross Margin % is 29.27%, which is 15% above median its 10-year median of 25.35 and 41.1% above the Construction industry median of 20.75. Nikken Kogaku Co's overall GF Score™ is 70/100 with 2 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 Nikken Kogaku Co (TSE:9767), the current Gross Margin % is 29.27% 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 Nikken Kogaku Co (TSE:9767) Overvalued in 2026?

Based on GuruFocus' analysis, Nikken Kogaku Co stock appears to be undervalued. The current stock price of 円1,451.00 is trading 7.8% below its estimated GF Value™ of 円1,573.15. GuruFocus considers Nikken Kogaku Co to be Fairly Valued.

Key valuation signals for TSE:9767:

  • Gross Margin %: 29.27% (15% above median its 10-year median of 25.35)
  • GF Value™: 円1,573.15 vs. price of 円1,451.00 (7.8% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 41.1% above the Construction median (#585 of 1718)

No single metric tells the full story. See the TSE:9767 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nikken Kogaku Co Business Description

Address 17th Floor, Nittochi Nishishinjuku Building, 6-10-1 Nishishinjuku, Shinjuku-ku, Tokyo, JPN, 160-0023
Nikken Kogaku Co Ltd develops a wide range of products and construction methods such as wave-blocking block, revetment block, natural stone construction method, and other civil engineering products. It primarily serves to the ministry of land, infrastructure, transport and tourism; local governments, construction companies, and construction consultants across Japan.
70GF Score

Get the complete analysis for TSE:9767

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

円1,451.00
Price
円1,573.15
GF Value