Money ForwardMNYFF 65 Gross Margin % is 68.48% as of Nov. 2025, which is 6% above its 10-year median of 64.87. GuruFocus rates MNYFF with a GF Score™ of 65/100 and a GF Value™ of $60.91. The stock has 3 warning signs investors should review. Among 2,681 Software companies, Money Forward ranks better than 78.74% on this metric.
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
Money Forward had a gross margin of 68.48% for the quarter that ended in Nov. 2025 => 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.
Money Forward Gross Margin % Related Terms
Money Forward Gross Margin % Historical Data
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The historical data trend for Money Forward'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.
MNYFF vs CRM, SHOP, UBER: Gross Margin % Comparison
For the Software - Application subindustry, Money Forward'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.
Money Forward Gross Margin % vs Software Industry
For the Software industry and Technology sector, Money Forward's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Money Forward'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.
Money Forward (MNYFF) has a Gross Margin % of 68.48% as of Nov. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Money Forward and its competitors. This is near median its historical median of 64.87. Over the past decade, Money Forward's Gross Margin % has ranged from 52.43 to 69.21. According to the industry distribution chart, Money Forward ranks #570 out of 2681 companies in the Software industry, placing it in the top 21.3%.
Is Money Forward's Gross Margin % too high?
Money Forward's current Gross Margin % of 68.48% is near median its 10-year median of 64.87. Over the past 10 years, this metric has ranged from a low of 52.43 to a high of 69.21. The Software industry median Gross Margin % is 40.45. Money Forward's value of 68.48% is 69.3% above this industry median. Based on the distribution chart, Money Forward ranks #570 out of 2681 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Money Forward has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Money Forward's Gross Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Money Forward ranks #570 out of 2681 companies for Gross Margin %. This places Money Forward in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. Money Forward's value of 68.48% is 69.3% above this benchmark. Historically, Money Forward's own Gross Margin % has ranged from 52.43 to 69.21 over the past decade. While the company's 10-year median is 64.87 vs. the industry median of 40.45, Money Forward 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 2,681 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. Money Forward's current Gross Margin % of 68.48% is 69.3% 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 Money Forward 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. Money Forward's current Gross Margin % is 68.48%, which is near median its own 10-year median of 64.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Money Forward stock overvalued right now?
Money Forward (MNYFF) has a current Gross Margin % of 68.48%. The stock's GF Value™ is $60.91, compared to a current price of $29.42 — trading 51.7% below its estimated fair value. The current Gross Margin % is 68.48%, which is near median its 10-year median of 64.87 and 69.3% above the Software industry median of 40.45. Money Forward's overall GF Score™ is 65/100 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 Money Forward (MNYFF), the current Gross Margin % is 68.48% as of Nov. 2025. 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 Money Forward (MNYFF) Overvalued in 2026?
Based on GuruFocus' analysis, Money Forward stock appears to be undervalued.
The current stock price of $29.42 is trading 51.7% below its estimated GF Value™ of $60.91.
Key valuation signals for MNYFF:
Gross Margin %: 68.48% (near median its 10-year median of 64.87)
GF Value™: $60.91 vs. price of $29.42 (51.7% below fair value)
Industry Position: 69.3% above the Software median (#570 of 2681)
No single metric tells the full story. See the MNYFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Money Forward Inc provides money-related services for individuals and corporations. Its service portfolio comprises personal financial management services and MF cloud services. Its personal financial management services include economic media that conveys money related themes, automatic savings app and mirai talk channel where customers can resolve their financial concerns together directly with financial planners. Its MF Cloud services comprise cloud accounting software, cloud-based tax return, invoice preparation software, payroll calculation, and cloud-based payment reconciliation.
65GF Score
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