Open House Group Co (FRA:O4H) Gross Margin %: 19.72% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:O4H Open House Group Co Ltd FRA:O4H
81 GF Score
Price €44.40
GF Value €37.69
! 3 Warning Signs
View Full Analysis

What is Open House Group Co Gross Margin %?

Open House Group Co FRA:O4H -0.89% 81 Gross Margin % is 19.72% as of Mar. 2026, which is 8% above its 10-year median of 18.31. GuruFocus rates FRA:O4H with a GF Score™ of 81/100 and a GF Value™ of €37.69. The stock has 3 warning signs investors should review. Among 1,640 Real Estate companies, Open House Group Co ranks worse than 77.8% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Open House Group Co's Gross Profit for the three months ended in Mar. 2026 was €386 Mil. Open House Group Co's Revenue for the three months ended in Mar. 2026 was €1,959 Mil. Therefore, Open House Group Co's Gross Margin % for the quarter that ended in Mar. 2026 was 19.72%.


The historical rank and industry rank for Open House Group Co's Gross Margin % or its related term are showing as below:

FRA:O4H' s Gross Margin % Range Over the Past 10 Years
Min: 15.97   Med: 18.31   Max: 19.37
Current: 18.81


During the past 13 years, the highest Gross Margin % of Open House Group Co was 19.37%. The lowest was 15.97%. And the median was 18.31%.

FRA:O4H's Gross Margin % is ranked worse than
77.8% of 1640 companies
in the Real Estate industry
Industry Median: 36.71 vs FRA:O4H: 18.81

Open House Group Co had a gross margin of 19.72% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Open House Group Co was -0.10% per year.


Open House Group Co  (FRA:O4H) 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

Open House Group Co had a gross margin of 19.72% 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.


Open House Group Co Gross Margin % Related Terms


Open House Group Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Open House Group Co'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.

Open House Group Co Gross Margin % Chart

Open House Group Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.16 19.37 19.01 15.97 18.19

Open House Group Co 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 18.88 18.29 17.68 19.63 19.72

Open House Group Co Gross Margin % Competitor Comparison

For the Real Estate - Diversified subindustry, Open House Group Co'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.


Open House Group Co Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Open House Group Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Open House Group Co's Gross Margin % falls into.


FRA:O4H
81GF Score
Open House Group Co Ltd FRA:O4H
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Open House Group Co Gross Margin % Calculation

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

Open House Group Co'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 )
=1401.2 / 7700.855
=(Revenue - Cost of Goods Sold) / Revenue
=(7700.855 - 6299.704) / 7700.855
=18.19 %

Open House Group Co'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 )
=386.3 / 1958.733
=(Revenue - Cost of Goods Sold) / Revenue
=(1958.733 - 1572.428) / 1958.733
=19.72 %

* 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 19.72% mean?
Open House Group Co (FRA:O4H) has a Gross Margin % of 19.72% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Open House Group Co and its competitors. This is near median its historical median of 18.31. Over the past decade, Open House Group Co's Gross Margin % has ranged from 15.97 to 19.37. According to the industry distribution chart, Open House Group Co ranks #1276 out of 1640 companies in the Real Estate industry, placing it in the top 77.8%.
Is Open House Group Co's Gross Margin % too high?
Open House Group Co's current Gross Margin % of 19.72% is near median its 10-year median of 18.31. Over the past 10 years, this metric has ranged from a low of 15.97 to a high of 19.37. The Real Estate industry median Gross Margin % is 36.71. Open House Group Co's value of 19.72% is 46.3% below this industry median. Based on the distribution chart, Open House Group Co ranks #1276 out of 1640 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Open House Group Co has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Open House Group Co's Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, Open House Group Co ranks #1276 out of 1640 companies for Gross Margin %. This places Open House Group Co in the lower half of its industry. The industry median Gross Margin % is 36.71. Open House Group Co's value of 19.72% is 46.3% below this benchmark. Historically, Open House Group Co's own Gross Margin % has ranged from 15.97 to 19.37 over the past decade. While the company's 10-year median is 18.31 vs. the industry median of 36.71, Open House Group Co 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.71, based on 1,640 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. Open House Group Co's current Gross Margin % of 19.72% is 46.3% 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 Open House Group Co and its competitors. For the Real Estate industry, the median Gross Margin % is 36.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Open House Group Co's current Gross Margin % is 19.72%, which is near median its own 10-year median of 18.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Open House Group Co stock overvalued right now?
Open House Group Co (FRA:O4H) has a current Gross Margin % of 19.72%. The stock's GF Value™ is €37.69, compared to a current price of €44.40 — trading 17.8% above its estimated fair value. The current Gross Margin % is 19.72%, which is near median its 10-year median of 18.31 and 46.3% below the Real Estate industry median of 36.71. Open House Group Co's overall GF Score™ is 81/100 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 Open House Group Co (FRA:O4H), the current Gross Margin % is 19.72% 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 Open House Group Co (FRA:O4H) Overvalued in 2026?

Based on GuruFocus' analysis, Open House Group Co stock appears to be overvalued. The current stock price of €44.40 is trading 17.8% above its estimated GF Value™ of €37.69.

Key valuation signals for FRA:O4H:

  • Gross Margin %: 19.72% (near median its 10-year median of 18.31)
  • GF Value™: €37.69 vs. price of €44.40 (17.8% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 46.3% below the Real Estate median (#1276 of 1640)

No single metric tells the full story. See the FRA:O4H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Open House Group Co Business Description

Other Exchanges 3288:Japan
Address 2-7-2 Marunouchi, JP TOWER 20th & 21st Floor, Chiyoda-ku, Tokyo, JPN, 100-7020
Open House Group Co Ltd is principally engaged in real estate businesses, including real estate brokerage, single-family home development and sales, condominium development and sales, real estate investment, real estate financing, and other related services. The company comprises five operating segments: Detached House Related Business, Income-Generating Real Estate Business, Other, and Presance Corporation. The single-family homes segment delivers approximately half of group revenue, and the property resale segment contributes to the majority of its revenue. Open House's sales centers are mainly located in Tokyo and surrounding areas.
81GF Score

Get the complete analysis for FRA:O4H

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

€44.40
Price
€37.69
GF Value