Coincheck Group NVCNCK +10.27%24 Gross Margin % is -1.85% as of Mar. 2026. GuruFocus rates CNCK with a GF Score™ of 24/100. The stock has 3 warning signs investors should review. Among 619 Capital Markets companies, Coincheck Group NV ranks worse than 85.95% on this metric.
Coincheck Group NV gross margin has been in long-term decline. The average rate of decline per year is -12.3%.
The historical rank and industry rank for Coincheck Group NV's Gross Margin % or its related term are showing as below:
CNCK'
s Gross Margin % Range Over the Past 10 Years
Min: 1.66 Med: 3.11 Max: 70.33
Current: 1.76
During the past 8 years, the highestGross Margin % of Coincheck Group NV was 70.33%. The lowest was 1.66%. And the median was 3.11%.
CNCK's Gross Margin % is ranked worse than 85.95% of 619
companies
in the Capital Markets industry
Industry Median: 49.52
vs CNCK: 1.76
Coincheck Group NV had a gross margin of -1.85% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Coincheck Group NV was -12.30% per year.
Coincheck Group NV (NAS:CNCK) 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
Coincheck Group NV had a gross margin of -1.85% 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.
Coincheck Group NV Gross Margin % Related Terms
Coincheck Group NV Gross Margin % Historical Data
* Premium members only.
The historical data trend for Coincheck Group NV'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 Capital Markets subindustry, Coincheck Group NV'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.
Coincheck Group NV Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Coincheck Group NV's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Coincheck Group NV'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.
Coincheck Group NV (CNCK) has a Gross Margin % of -1.85% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Coincheck Group NV and its competitors. Over the past decade, Coincheck Group NV's Gross Margin % has ranged from 1.66 to 70.33. According to the industry distribution chart, Coincheck Group NV ranks #532 out of 619 companies in the Capital Markets industry, placing it in the top 85.9%.
Is Coincheck Group NV's Gross Margin % too high?
Coincheck Group NV's current Gross Margin % is -1.85%. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 70.33. Based on the distribution chart, Coincheck Group NV ranks #532 out of 619 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Coincheck Group NV has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Coincheck Group NV's Gross Margin % compare to CD and CSHR?
According to the Capital Markets industry distribution chart, Coincheck Group NV ranks #532 out of 619 companies for Gross Margin %. This places Coincheck Group NV in the lower half of its industry. The industry median Gross Margin % is 49.52. Historically, Coincheck Group NV's own Gross Margin % has ranged from 1.66 to 70.33 over the past decade. 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.52, based on 619 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. 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 Coincheck Group NV and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coincheck Group NV's current Gross Margin % is -1.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coincheck Group NV stock overvalued right now?
Coincheck Group NV (CNCK) has a current Gross Margin % of -1.85%. The current Gross Margin % is -1.85%. Coincheck Group NV's overall GF Score™ is 24/100 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 Coincheck Group NV (CNCK), the current Gross Margin % is -1.85% 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.
Coincheck Group NV is a digital asset trading service company. It operates multi-cryptocurrency marketplaces and crypto asset exchanges in Japan and marketplace and exchange platforms on which diverse cryptocurrencies, including Bitcoin and Ethereum, are held and exchanged, and offers other retail-focused crypto services. It is also increasing user's access to digital products and solutions beyond cryptocurrencies, such as non-fungible tokens (NFTs). The company's revenue is entirely derived from operations within Japan.
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