Hennge KK (FRA:90D) Gross Margin %: 86.95% (As of Mar. 2026) — Near Median


FRA:90D Hennge KK FRA:90D
60 GF Score
Price €5.58
GF Value €10.22
Valuation Significantly Undervalued
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What is Hennge KK Gross Margin %?

Hennge KK FRA:90D 60 Gross Margin % is 86.95% as of Mar. 2026, which is 5% above its 10-year median of 83.04. GuruFocus rates FRA:90D with a GF Score™ of 60/100 and a GF Value™ of €10.22 (Significantly Undervalued). Among 2,685 Software companies, Hennge KK ranks better than 93.3% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hennge KK's Gross Profit for the three months ended in Mar. 2026 was €14.76 Mil. Hennge KK's Revenue for the three months ended in Mar. 2026 was €16.97 Mil. Therefore, Hennge KK's Gross Margin % for the quarter that ended in Mar. 2026 was 86.95%.


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

FRA:90D' s Gross Margin % Range Over the Past 10 Years
Min: 73.9   Med: 83.04   Max: 86.85
Current: 86.85


During the past 9 years, the highest Gross Margin % of Hennge KK was 86.85%. The lowest was 73.90%. And the median was 83.04%.

FRA:90D's Gross Margin % is ranked better than
93.3% of 2685 companies
in the Software industry
Industry Median: 40.45 vs FRA:90D: 86.85

Hennge KK had a gross margin of 86.95% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hennge KK was 0.80% per year.


Hennge KK  (FRA:90D) 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

Hennge KK had a gross margin of 86.95% for the quarter that ended in Mar. 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.


Hennge KK Gross Margin % Related Terms


Hennge KK Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hennge KK'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.

Hennge KK Gross Margin % Chart

Hennge KK Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 83.04 84.51 83.79 84.11 86.46

Hennge KK Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 86.43 86.62 87.22 86.63 86.95

FRA:90D vs MSFT, ORCL, PLTR: Gross Margin % Comparison

For the Software - Infrastructure subindustry, Hennge KK'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.


Hennge KK Gross Margin % vs Software Industry

For the Software industry and Technology sector, Hennge KK's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hennge KK's Gross Margin % falls into.


FRA:90D
60GF Score
Hennge KK FRA:90D
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hennge KK Gross Margin % Calculation

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

Hennge KK's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=54.4 / 62.943
=(Revenue - Cost of Goods Sold) / Revenue
=(62.943 - 8.52) / 62.943
=86.46 %

Hennge KK'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 )
=14.8 / 16.97
=(Revenue - Cost of Goods Sold) / Revenue
=(16.97 - 2.215) / 16.97
=86.95 %

* 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 86.95% mean?
Hennge KK (FRA:90D) has a Gross Margin % of 86.95% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hennge KK and its competitors. This is near median its historical median of 83.04. Over the past decade, Hennge KK's Gross Margin % has ranged from 73.90 to 86.85. According to the industry distribution chart, Hennge KK ranks #180 out of 2685 companies in the Software industry, placing it in the top 6.7%.
Is Hennge KK's Gross Margin % too high?
Hennge KK's current Gross Margin % of 86.95% is near median its 10-year median of 83.04. Over the past 10 years, this metric has ranged from a low of 73.90 to a high of 86.85. The Software industry median Gross Margin % is 40.45. Hennge KK's value of 86.95% is 115% above this industry median. Based on the distribution chart, Hennge KK ranks #180 out of 2685 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Hennge KK has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hennge KK's Gross Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, Hennge KK ranks #180 out of 2685 companies for Gross Margin %. This places Hennge KK in the top 7% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. Hennge KK's value of 86.95% is 115% above this benchmark. Historically, Hennge KK's own Gross Margin % has ranged from 73.90 to 86.85 over the past decade. While the company's 10-year median is 83.04 vs. the industry median of 40.45, Hennge KK 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 Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,685 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. Hennge KK's current Gross Margin % of 86.95% is 115% 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 Hennge KK and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hennge KK's current Gross Margin % is 86.95%, which is near median its own 10-year median of 83.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hennge KK stock overvalued right now?
Based on GuruFocus' analysis, Hennge KK (FRA:90D) is currently considered Significantly Undervalued. The stock's GF Value™ is €10.22, compared to a current price of €5.58 — trading 45.4% below its estimated fair value. The current Gross Margin % is 86.95%, which is near median its 10-year median of 83.04 and 115% above the Software industry median of 40.45. Hennge KK's overall GF Score™ is 60/100. 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 Hennge KK (FRA:90D), the current Gross Margin % is 86.95% 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 Hennge KK (FRA:90D) Overvalued in 2026?

Based on GuruFocus' analysis, Hennge KK stock appears to be undervalued. The current stock price of €5.58 is trading 45.4% below its estimated GF Value™ of €10.22. GuruFocus considers Hennge KK to be Significantly Undervalued.

Key valuation signals for FRA:90D:

  • Gross Margin %: 86.95% (near median its 10-year median of 83.04)
  • GF Value™: €10.22 vs. price of €5.58 (45.4% below fair value)
  • GF Score™: 60/100
  • Industry Position: 115% above the Software median (#180 of 2685)

No single metric tells the full story. See the FRA:90D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hennge KK Business Description

Other Exchanges 4475:Japan
Address 16-28 Minamihiradaimachi, Daiwa Shibuya Square, Shibuya-ku, Tokyo, JPN, 150-0036
Hennge KK is engaged in providing cloud security services. The company is developing the business, intending to contribute to development by structuring it in a way that makes it easier for companies to benefit and providing it as new value.
60GF Score

Get the complete analysis for FRA:90D

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

€5.58
Price
€10.22
GF Value