Myer HoldingsASX:MYR +1.64%42 Gross Margin % is 42.99% as of Jan. 2026, which is 6% below its 10-year median of 45.50. GuruFocus rates ASX:MYR with a GF Score™ of 42/100 and a GF Value™ of A$0.49 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Myer Holdings ranks better than 66.52% on this metric.
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
Myer Holdings had a gross margin of 42.99% for the quarter that ended in Jan. 2026 => Durable 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.
Myer Holdings Gross Margin % Related Terms
Myer Holdings Gross Margin % Historical Data
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The historical data trend for Myer 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 Department Stores subindustry, Myer 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.
Myer Holdings Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Myer 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.
Myer Holdings (ASX:MYR) has a Gross Margin % of 42.99% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Myer Holdings and its competitors. This is near median its historical median of 45.50. Over the past decade, Myer Holdings' Gross Margin % has ranged from 43.85 to 46.47. According to the industry distribution chart, Myer Holdings ranks #374 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 33.5%.
Is Myer Holdings' Gross Margin % too high?
Myer Holdings' current Gross Margin % of 42.99% is near median its 10-year median of 45.50. Over the past 10 years, this metric has ranged from a low of 43.85 to a high of 46.47. The Retail - Cyclical industry median Gross Margin % is 36.23. Myer Holdings' value of 42.99% is 18.7% above this industry median. Based on the distribution chart, Myer Holdings ranks #374 out of 1117 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Myer Holdings has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Myer Holdings' Gross Margin % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Myer Holdings ranks #374 out of 1117 companies for Gross Margin %. This puts Myer Holdings in the upper half of its industry. The industry median Gross Margin % is 36.23. Myer Holdings' value of 42.99% is 18.7% above this benchmark. Historically, Myer Holdings' own Gross Margin % has ranged from 43.85 to 46.47 over the past decade. While the company's 10-year median is 45.50 vs. the industry median of 36.23, Myer Holdings 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.23, based on 1,117 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. Myer Holdings's current Gross Margin % of 42.99% is 18.7% 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 Myer Holdings and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myer Holdings's current Gross Margin % is 42.99%, which is near median its own 10-year median of 45.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Myer Holdings (ASX:MYR) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.49, compared to a current price of A$0.31 — trading 36.7% below its estimated fair value. The current Gross Margin % is 42.99%, which is near median its 10-year median of 45.50 and 18.7% above the Retail - Cyclical industry median of 36.23. Myer Holdings' overall GF Score™ is 42/100 with 4 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 Myer Holdings (ASX:MYR), the current Gross Margin % is 42.99% as of Jan. 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 Myer Holdings (ASX:MYR) Overvalued in 2026?
Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued.
The current stock price of A$0.31 is trading 36.7% below its estimated GF Value™ of A$0.49.
GuruFocus considers Myer Holdings to be Possible Value Trap.
Key valuation signals for ASX:MYR:
Gross Margin %: 42.99% (near median its 10-year median of 45.50)
GF Value™: A$0.49 vs. price of A$0.31 (36.7% below fair value)
Industry Position: 18.7% above the Retail - Cyclical median (#374 of 1117)
No single metric tells the full story. See the ASX:MYR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.
42GF Score
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