HappinetHAPYF 89 Gross Margin % is 11.45% as of Mar. 2026, which is 6% above its 10-year median of 10.83. GuruFocus rates HAPYF with a GF Score™ of 89/100 and a GF Value™ of $10.00. Among 1,113 Retail - Cyclical companies, Happinet ranks worse than 88.05% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Happinet's Gross Profit for the
three
months ended in Mar. 2026 was $72 Mil. Happinet's Revenue for the
three
months ended in Mar. 2026 was $627 Mil. Therefore, Happinet's Gross Margin % for the quarter that ended in Mar. 2026 was 11.45%.
The historical rank and industry rank for Happinet's Gross Margin % or its related term are showing as below:
HAPYF'
s Gross Margin % Range Over the Past 10 Years
Min: 10.06 Med: 10.83 Max: 12.62
Current: 11.99
During the past 13 years, the highestGross Margin % of Happinet was 12.62%. The lowest was 10.06%. And the median was 10.83%.
HAPYF's Gross Margin % is ranked worse than 88.05% of 1113
companies
in the Retail - Cyclical industry
Industry Median: 36.26
vs HAPYF: 11.99
Happinet had a gross margin of 11.45% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Happinet was 4.20% per year.
Happinet (OTCPK:HAPYF) 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
Happinet had a gross margin of 11.45% 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.
Happinet Gross Margin % Related Terms
Happinet Gross Margin % Historical Data
* Premium members only.
The historical data trend for Happinet'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.
HAPYF vs CASY, WSM, DKS: Gross Margin % Comparison
For the Specialty Retail subindustry, Happinet'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.
Happinet Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Happinet's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Happinet'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.
Happinet (HAPYF) has a Gross Margin % of 11.45% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Happinet and its competitors. This is near median its historical median of 10.83. Over the past decade, Happinet's Gross Margin % has ranged from 10.06 to 12.62. According to the industry distribution chart, Happinet ranks #980 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 88.1%.
Is Happinet's Gross Margin % too high?
Happinet's current Gross Margin % of 11.45% is near median its 10-year median of 10.83. Over the past 10 years, this metric has ranged from a low of 10.06 to a high of 12.62. The Retail - Cyclical industry median Gross Margin % is 36.26. Happinet's value of 11.45% is 68.4% below this industry median. Based on the distribution chart, Happinet ranks #980 out of 1113 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Happinet has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Happinet's Gross Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Happinet ranks #980 out of 1113 companies for Gross Margin %. This places Happinet in the lower half of its industry. The industry median Gross Margin % is 36.26. Happinet's value of 11.45% is 68.4% below this benchmark. Historically, Happinet's own Gross Margin % has ranged from 10.06 to 12.62 over the past decade. While the company's 10-year median is 10.83 vs. the industry median of 36.26, Happinet 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.26, based on 1,113 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. Happinet's current Gross Margin % of 11.45% is 68.4% 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 Happinet and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happinet's current Gross Margin % is 11.45%, which is near median its own 10-year median of 10.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happinet stock overvalued right now?
Happinet (HAPYF) has a current Gross Margin % of 11.45%. The stock's GF Value™ is $10.00, compared to a current price of $10.88 — trading 8.8% above its estimated fair value. The current Gross Margin % is 11.45%, which is near median its 10-year median of 10.83 and 68.4% below the Retail - Cyclical industry median of 36.26. Happinet's overall GF Score™ is 89/100. 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 Happinet (HAPYF), the current Gross Margin % is 11.45% 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 Happinet (HAPYF) Overvalued in 2026?
Based on GuruFocus' analysis, Happinet stock appears to be overvalued.
The current stock price of $10.88 is trading 8.8% above its estimated GF Value™ of $10.00.
Key valuation signals for HAPYF:
Gross Margin %: 11.45% (near median its 10-year median of 10.83)
GF Value™: $10.00 vs. price of $10.88 (8.8% above fair value)
Industry Position: 68.4% below the Retail - Cyclical median (#980 of 1113)
No single metric tells the full story. See the HAPYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Happinet Corp is engaged in the distribution of toys in the Japanese market. It operates through five business segments namely Toy, Visual and Music, Video Game, Amusement and Logistics Function. In addition, it plans, manufactures, and sells toys; and plans develops, and sells audio-visual software and video game hardware and software. Business activity is of the group is primarily functioned through Japan and it derives the majority its revenue through Toy segment.
89GF Score
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