TYHOY (Toyota Tsusho) Gross Margin %: 10.94% (As of Mar. 2026) — 12% Above Median


TYHOY Toyota Tsusho Corp TYHOY
61 GF Score
Price $18.60
GF Value $11.21
Valuation Significantly Overvalued
View Full Analysis

What is Toyota Tsusho Gross Margin %?

Toyota Tsusho TYHOY -0.09% 61 Gross Margin % is 10.94% as of Mar. 2026, which is 12% above its 10-year median of 9.74. GuruFocus rates TYHOY with a GF Score™ of 61/100 and a GF Value™ of $11.21 (Significantly Overvalued). Among 512 Conglomerates companies, Toyota Tsusho ranks worse than 86.91% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Toyota Tsusho's Gross Profit for the three months ended in Mar. 2026 was $2,193 Mil. Toyota Tsusho's Revenue for the three months ended in Mar. 2026 was $20,042 Mil. Therefore, Toyota Tsusho's Gross Margin % for the quarter that ended in Mar. 2026 was 10.94%.


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

TYHOY' s Gross Margin % Range Over the Past 10 Years
Min: 9.34   Med: 9.74   Max: 10.94
Current: 10.94


During the past 13 years, the highest Gross Margin % of Toyota Tsusho was 10.94%. The lowest was 9.34%. And the median was 9.74%.

TYHOY's Gross Margin % is ranked worse than
86.91% of 512 companies
in the Conglomerates industry
Industry Median: 25.905 vs TYHOY: 10.94

Toyota Tsusho had a gross margin of 10.94% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Toyota Tsusho was 3.20% per year.


Toyota Tsusho  (OTCPK:TYHOY) 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

Toyota Tsusho had a gross margin of 10.94% 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.


Toyota Tsusho Gross Margin % Related Terms


Toyota Tsusho Gross Margin % Historical Data

* Premium members only.

The historical data trend for Toyota Tsusho'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.

Toyota Tsusho Gross Margin % Chart

Toyota Tsusho 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 9.46 9.84 10.33 10.87 10.94

Toyota Tsusho 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 10.93 10.81 10.83 11.14 10.94

TYHOY vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, Toyota Tsusho'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.


Toyota Tsusho Gross Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Toyota Tsusho's Gross Margin % distribution charts can be found below:

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


TYHOY
61GF Score
Toyota Tsusho Corp TYHOY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyota Tsusho Gross Margin % Calculation

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

Toyota Tsusho'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 )
=7968.3 / 72861.976
=(Revenue - Cost of Goods Sold) / Revenue
=(72861.976 - 64893.697) / 72861.976
=10.94 %

Toyota Tsusho'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 )
=2192.7 / 20042.103
=(Revenue - Cost of Goods Sold) / Revenue
=(20042.103 - 17849.362) / 20042.103
=10.94 %

* 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 10.94% mean?
Toyota Tsusho (TYHOY) has a Gross Margin % of 10.94% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Toyota Tsusho and its competitors. This is 12% above median its historical median of 9.74. Over the past decade, Toyota Tsusho's Gross Margin % has ranged from 9.34 to 10.94. According to the industry distribution chart, Toyota Tsusho ranks #445 out of 512 companies in the Conglomerates industry, placing it in the top 86.9%.
Is Toyota Tsusho's Gross Margin % too high?
Toyota Tsusho's current Gross Margin % of 10.94% is 12% above median its 10-year median of 9.74. Over the past 10 years, this metric has ranged from a low of 9.34 to a high of 10.94. The Conglomerates industry median Gross Margin % is 25.91. Toyota Tsusho's value of 10.94% is 57.8% below this industry median. Based on the distribution chart, Toyota Tsusho ranks #445 out of 512 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Toyota Tsusho has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyota Tsusho's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Toyota Tsusho ranks #445 out of 512 companies for Gross Margin %. This places Toyota Tsusho in the lower half of its industry. The industry median Gross Margin % is 25.91. Toyota Tsusho's value of 10.94% is 57.8% below this benchmark. Historically, Toyota Tsusho's own Gross Margin % has ranged from 9.34 to 10.94 over the past decade. While the company's 10-year median is 9.74 vs. the industry median of 25.91, Toyota Tsusho 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.91, based on 512 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. Toyota Tsusho's current Gross Margin % of 10.94% is 57.8% 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 Toyota Tsusho and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyota Tsusho's current Gross Margin % is 10.94%, which is 12% above median its own 10-year median of 9.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyota Tsusho stock overvalued right now?
Based on GuruFocus' analysis, Toyota Tsusho (TYHOY) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.21, compared to a current price of $18.60 — trading 65.9% above its estimated fair value. The current Gross Margin % is 10.94%, which is 12% above median its 10-year median of 9.74 and 57.8% below the Conglomerates industry median of 25.91. Toyota Tsusho's overall GF Score™ is 61/100. 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 Toyota Tsusho (TYHOY), the current Gross Margin % is 10.94% 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 Toyota Tsusho (TYHOY) Overvalued in 2026?

Based on GuruFocus' analysis, Toyota Tsusho stock appears to be overvalued. The current stock price of $18.60 is trading 65.9% above its estimated GF Value™ of $11.21. GuruFocus considers Toyota Tsusho to be Significantly Overvalued.

Key valuation signals for TYHOY:

  • Gross Margin %: 10.94% (12% above median its 10-year median of 9.74)
  • GF Value™: $11.21 vs. price of $18.60 (65.9% above fair value)
  • GF Score™: 61/100
  • Industry Position: 57.8% below the Conglomerates median (#445 of 512)

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


Toyota Tsusho Business Description

Address 9-8 Meieki 4-chome, Century Toyota Building, Nakamura-ku, Nagoya, JPN, 450-8575
Toyota Tsusho Corp is a Japan-based company involved in trading diverse products, along with the manufacturing, processing, sales, investment, and related service activities. The company operates through segments including Africa, Circular Economy, Digital Solutions, Green Infrastructure, Lifestyle, Metal Plus, Mobility, Supply Chain, and Others. It generates the majority of its revenue from the Metal Plus segment, which processes, manufactures, treats, and sells steel products and nonferrous metal ingots, among others.
61GF Score

Get the complete analysis for TYHOY

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

$18.60
Price
$11.21
GF Value