TTCAF (TS Tech Co) Gross Margin %: 13.52% (As of Mar. 2026) — 16% Below Median


TTCAF TS Tech Co Ltd TTCAF
84 GF Score
Price $12.60
GF Value $14.16
! 5 Warning Signs
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What is TS Tech Co Gross Margin %?

TS Tech Co TTCAF +2.86% 84 Gross Margin % is 13.52% as of Mar. 2026, which is 16% below its 10-year median of 16.01. GuruFocus rates TTCAF with a GF Score™ of 84/100 and a GF Value™ of $14.16. The stock has 5 warning signs investors should review. Among 1,313 Vehicles & Parts companies, TS Tech Co ranks worse than 79.97% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. TS Tech Co's Gross Profit for the three months ended in Mar. 2026 was $113 Mil. TS Tech Co's Revenue for the three months ended in Mar. 2026 was $834 Mil. Therefore, TS Tech Co's Gross Margin % for the quarter that ended in Mar. 2026 was 13.52%.

Warning Sign:

TS Tech Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.1%.


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

TTCAF' s Gross Margin % Range Over the Past 10 Years
Min: 12.31   Med: 16.01   Max: 17.97
Current: 12.31


During the past 13 years, the highest Gross Margin % of TS Tech Co was 17.97%. The lowest was 12.31%. And the median was 16.01%.

TTCAF's Gross Margin % is ranked worse than
79.97% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 19.84 vs TTCAF: 12.31

TS Tech Co had a gross margin of 13.52% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for TS Tech Co was -5.10% per year.


TS Tech Co  (OTCPK:TTCAF) 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

TS Tech Co had a gross margin of 13.52% for the quarter that ended in Mar. 2026 => No sustainable 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.


TS Tech Co Gross Margin % Related Terms


TS Tech Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for TS Tech 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.

TS Tech Co Gross Margin % Chart

TS Tech 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 15.50 13.05 13.55 13.67 12.31

TS Tech Co 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 15.20 12.60 11.09 11.69 13.52

TTCAF vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, TS Tech 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.


TS Tech Co Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TS Tech Co's Gross Margin % distribution charts can be found below:

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


TTCAF
84GF Score
TS Tech Co Ltd TTCAF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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TS Tech Co Gross Margin % Calculation

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

TS Tech 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 )
=343.1 / 2787.424
=(Revenue - Cost of Goods Sold) / Revenue
=(2787.424 - 2444.343) / 2787.424
=12.31 %

TS Tech 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 )
=112.7 / 834.042
=(Revenue - Cost of Goods Sold) / Revenue
=(834.042 - 721.301) / 834.042
=13.52 %

* 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 13.52% mean?
TS Tech Co (TTCAF) has a Gross Margin % of 13.52% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TS Tech Co and its competitors. This is 16% below median its historical median of 16.01. Over the past decade, TS Tech Co's Gross Margin % has ranged from 12.31 to 17.97. According to the industry distribution chart, TS Tech Co ranks #1050 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 80%.
Is TS Tech Co's Gross Margin % too high?
TS Tech Co's current Gross Margin % of 13.52% is 16% below median its 10-year median of 16.01. Over the past 10 years, this metric has ranged from a low of 12.31 to a high of 17.97. The Vehicles & Parts industry median Gross Margin % is 19.84. TS Tech Co's value of 13.52% is 31.9% below this industry median. Based on the distribution chart, TS Tech Co ranks #1050 out of 1313 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, TS Tech Co has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does TS Tech Co's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, TS Tech Co ranks #1050 out of 1313 companies for Gross Margin %. This places TS Tech Co in the lower half of its industry. The industry median Gross Margin % is 19.84. TS Tech Co's value of 13.52% is 31.9% below this benchmark. Historically, TS Tech Co's own Gross Margin % has ranged from 12.31 to 17.97 over the past decade. While the company's 10-year median is 16.01 vs. the industry median of 19.84, TS Tech Co 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,313 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. TS Tech Co's current Gross Margin % of 13.52% is 31.9% 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 TS Tech Co and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TS Tech Co's current Gross Margin % is 13.52%, which is 16% below median its own 10-year median of 16.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TS Tech Co stock overvalued right now?
TS Tech Co (TTCAF) has a current Gross Margin % of 13.52%. The stock's GF Value™ is $14.16, compared to a current price of $12.60 — trading 11% below its estimated fair value. The current Gross Margin % is 13.52%, which is 16% below median its 10-year median of 16.01 and 31.9% below the Vehicles & Parts industry median of 19.84. TS Tech Co's overall GF Score™ is 84/100 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 TS Tech Co (TTCAF), the current Gross Margin % is 13.52% 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 TS Tech Co (TTCAF) Overvalued in 2026?

Based on GuruFocus' analysis, TS Tech Co stock appears to be undervalued. The current stock price of $12.60 is trading 11% below its estimated GF Value™ of $14.16.

Key valuation signals for TTCAF:

  • Gross Margin %: 13.52% (16% below median its 10-year median of 16.01)
  • GF Value™: $14.16 vs. price of $12.60 (11% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 31.9% below the Vehicles & Parts median (#1050 of 1313)

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


TS Tech Co Business Description

Other Exchanges 7313:Japan
Address 3-7-27 Sakae-cho, Asaka-shi, Saitama, JPN, 351-0012
TS Tech Co Ltd is a manufacturer of seats for automobiles and motorcycles. The company also produces interior trim and interior components for automobiles, and motorcycle parts and accessories. Honda Motor and its affiliates account for nearly all sales of TS Tech, while the company also sells to Suzuki, Yamaha, Kawasaki, Fuji Heavy Industries, and Paramount Bed. TS Tech generates the majority of its revenue from the production and sale of automobile seats. The strongest regions for TS Tech with regard to operating income are China, Americas, and Japan.
84GF Score

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

$12.60
Price
$14.16
GF Value