Asahi Group HoldingsASBHY 66 Gross Margin % is 38.95% as of Sep. 2025, which is 5% above its 10-year median of 37.03. GuruFocus rates ASBHY with a GF Score™ of 66/100 and a GF Value™ of $12.16 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 206 Beverages - Alcoholic companies, Asahi Group Holdings ranks worse than 61.65% on this metric.
The historical rank and industry rank for Asahi Group Holdings's Gross Margin % or its related term are showing as below:
ASBHY'
s Gross Margin % Range Over the Past 10 Years
Min: 34.72 Med: 37.03 Max: 38.53
Current: 37.43
During the past 13 years, the highestGross Margin % of Asahi Group Holdings was 38.53%. The lowest was 34.72%. And the median was 37.03%.
ASBHY's Gross Margin % is ranked worse than 61.65% of 206
companies
in the Beverages - Alcoholic industry
Industry Median: 42.245
vs ASBHY: 37.43
Asahi Group Holdings had a gross margin of 38.95% for the quarter that ended in Sep. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Asahi Group Holdings was -0.50% per year.
Asahi Group Holdings (OTCPK:ASBHY) 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
Asahi Group Holdings had a gross margin of 38.95% for the quarter that ended in Sep. 2025 => 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.
Asahi Group Holdings Gross Margin % Related Terms
Asahi Group Holdings Gross Margin % Historical Data
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The historical data trend for Asahi Group Holdings'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 Beverages - Brewers subindustry, Asahi Group Holdings'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.
Asahi Group Holdings Gross Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Asahi Group Holdings'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.
Asahi Group Holdings (ASBHY) has a Gross Margin % of 38.95% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Asahi Group Holdings and its competitors. This is near median its historical median of 37.03. Over the past decade, Asahi Group Holdings' Gross Margin % has ranged from 34.72 to 38.53. According to the industry distribution chart, Asahi Group Holdings ranks #127 out of 206 companies in the Beverages - Alcoholic industry, placing it in the top 61.7%.
Is Asahi Group Holdings' Gross Margin % too high?
Asahi Group Holdings' current Gross Margin % of 38.95% is near median its 10-year median of 37.03. Over the past 10 years, this metric has ranged from a low of 34.72 to a high of 38.53. The Beverages - Alcoholic industry median Gross Margin % is 42.25. Asahi Group Holdings' value of 38.95% is 7.8% below this industry median. Based on the distribution chart, Asahi Group Holdings ranks #127 out of 206 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Asahi Group Holdings has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Group Holdings' Gross Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Asahi Group Holdings ranks #127 out of 206 companies for Gross Margin %. This places Asahi Group Holdings in the lower half of its industry. The industry median Gross Margin % is 42.25. Asahi Group Holdings' value of 38.95% is 7.8% below this benchmark. Historically, Asahi Group Holdings' own Gross Margin % has ranged from 34.72 to 38.53 over the past decade. While the company's 10-year median is 37.03 vs. the industry median of 42.25, Asahi Group Holdings 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 Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.25, based on 206 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. Asahi Group Holdings's current Gross Margin % of 38.95% is 7.8% 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 Asahi Group Holdings and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Group Holdings's current Gross Margin % is 38.95%, which is near median its own 10-year median of 37.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asahi Group Holdings (ASBHY) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.16, compared to a current price of $9.95 — trading 18.2% below its estimated fair value. The current Gross Margin % is 38.95%, which is near median its 10-year median of 37.03 and 7.8% below the Beverages - Alcoholic industry median of 42.25. Asahi Group Holdings' overall GF Score™ is 66/100 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 Asahi Group Holdings (ASBHY), the current Gross Margin % is 38.95% as of Sep. 2025. 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 Asahi Group Holdings (ASBHY) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Group Holdings stock appears to be undervalued.
The current stock price of $9.95 is trading 18.2% below its estimated GF Value™ of $12.16.
GuruFocus considers Asahi Group Holdings to be Modestly Undervalued.
Key valuation signals for ASBHY:
Gross Margin %: 38.95% (near median its 10-year median of 37.03)
GF Value™: $12.16 vs. price of $9.95 (18.2% below fair value)
Industry Position: 7.8% below the Beverages - Alcoholic median (#127 of 206)
No single metric tells the full story. See the ASBHY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi is the largest brewer in Japan with a nearly 40% market share, led by its Asahi Super Dry brand. It also operates a wide range of alcoholic and soft beverage products as well as packaged foods, mainly in Japan. Overseas markets accounted for over half of the company's revenue and close to 60% of operating profit, with Australia and Europe being two major markets. It acquired SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017 from Anheuser-Busch InBev. In Australia, Asahi holds market leaderships across beer and soft drinks segments, through its acquisitions of Schweppes Australia in 2009 and Carlton & United Breweries in 2020.
66GF Score
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