IchigoICHIF 87 Gross Margin % is 39.88% as of Feb. 2026, which is 35% above its 10-year median of 29.53. GuruFocus rates ICHIF with a GF Score™ of 87/100 and a GF Value™ of $2.64. The stock has 3 warning signs investors should review. Among 1,644 Real Estate companies, Ichigo ranks worse than 55.72% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Ichigo's Gross Profit for the
three
months ended in Feb. 2026 was $50.6 Mil. Ichigo's Revenue for the
three
months ended in Feb. 2026 was $126.9 Mil. Therefore, Ichigo's Gross Margin % for the quarter that ended in Feb. 2026 was 39.88%.
The historical rank and industry rank for Ichigo's Gross Margin % or its related term are showing as below:
ICHIF'
s Gross Margin % Range Over the Past 10 Years
Min: 24.54 Med: 29.53 Max: 46.65
Current: 32.49
During the past 13 years, the highestGross Margin % of Ichigo was 46.65%. The lowest was 24.54%. And the median was 29.53%.
ICHIF's Gross Margin % is ranked worse than 55.72% of 1644
companies
in the Real Estate industry
Industry Median: 36.96
vs ICHIF: 32.49
Ichigo had a gross margin of 39.88% for the quarter that ended in Feb. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Ichigo was 3.90% per year.
Ichigo (OTCPK:ICHIF) 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
Ichigo had a gross margin of 39.88% for the quarter that ended in Feb. 2026 => Competition eroding margins
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.
Ichigo Gross Margin % Related Terms
Ichigo Gross Margin % Historical Data
* Premium members only.
The historical data trend for Ichigo'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.
ICHIF vs CBRE, BEKE, JLL: Gross Margin % Comparison
For the Real Estate Services subindustry, Ichigo'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.
Ichigo Gross Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Ichigo's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ichigo'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.
Ichigo (ICHIF) has a Gross Margin % of 39.88% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ichigo and its competitors. This is 35% above median its historical median of 29.53. Over the past decade, Ichigo's Gross Margin % has ranged from 24.54 to 46.65. According to the industry distribution chart, Ichigo ranks #916 out of 1644 companies in the Real Estate industry, placing it in the top 55.7%.
Is Ichigo's Gross Margin % too high?
Ichigo's current Gross Margin % of 39.88% is 35% above median its 10-year median of 29.53. Over the past 10 years, this metric has ranged from a low of 24.54 to a high of 46.65. The Real Estate industry median Gross Margin % is 36.96. Ichigo's value of 39.88% is 7.9% above this industry median. Based on the distribution chart, Ichigo ranks #916 out of 1644 companies in the Real Estate industry, which is below the industry midpoint. Overall, Ichigo has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Ichigo's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Ichigo ranks #916 out of 1644 companies for Gross Margin %. This places Ichigo in the lower half of its industry. The industry median Gross Margin % is 36.96. Ichigo's value of 39.88% is 7.9% above this benchmark. Historically, Ichigo's own Gross Margin % has ranged from 24.54 to 46.65 over the past decade. While the company's 10-year median is 29.53 vs. the industry median of 36.96, Ichigo 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,644 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. Ichigo's current Gross Margin % of 39.88% is 7.9% 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 Ichigo and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichigo's current Gross Margin % is 39.88%, which is 35% above median its own 10-year median of 29.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo stock overvalued right now?
Ichigo (ICHIF) has a current Gross Margin % of 39.88%. The stock's GF Value™ is $2.64, compared to a current price of $2.40 — trading 9.1% below its estimated fair value. The current Gross Margin % is 39.88%, which is 35% above median its 10-year median of 29.53 and 7.9% above the Real Estate industry median of 36.96. Ichigo's overall GF Score™ is 87/100 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 Ichigo (ICHIF), the current Gross Margin % is 39.88% as of Feb. 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 Ichigo (ICHIF) Overvalued in 2026?
Based on GuruFocus' analysis, Ichigo stock appears to be undervalued.
The current stock price of $2.40 is trading 9.1% below its estimated GF Value™ of $2.64.
Key valuation signals for ICHIF:
Gross Margin %: 39.88% (35% above median its 10-year median of 29.53)
GF Value™: $2.64 vs. price of $2.40 (9.1% below fair value)
Industry Position: 7.9% above the Real Estate median (#916 of 1644)
No single metric tells the full story. See the ICHIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichigo Inc is a Japanese real estate owner and operator, and clean energy producer. It manages several real estate investment trusts and operates solar plants across Japan. REIT opportunities include midsize hotel and office properties. Revenue is generated through fees via the management of the Ichigo REIT and private funds, and other fee-generating real estate services related to sourcing, financing, operation, property management, facility management, and disposition of real estate assets. Additional income is generated through the sale of properties and rental income. Clean Energy services involve the production of mega solar power.
87GF Score
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