NCHEY (Nichirei) Gross Margin %: 17.34% (As of Mar. 2026) — Near Median


NCHEY Nichirei Corp NCHEY
84 GF Score
Price $12.10
GF Value $10.72
! 4 Warning Signs
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What is Nichirei Gross Margin %?

Nichirei NCHEY 84 Gross Margin % is 17.34% as of Mar. 2026, which is 2% above its 10-year median of 16.95. GuruFocus rates NCHEY with a GF Score™ of 84/100 and a GF Value™ of $10.72. The stock has 4 warning signs investors should review. Among 1,900 Consumer Packaged Goods companies, Nichirei ranks worse than 69.11% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Nichirei's Gross Profit for the three months ended in Mar. 2026 was $195 Mil. Nichirei's Revenue for the three months ended in Mar. 2026 was $1,125 Mil. Therefore, Nichirei's Gross Margin % for the quarter that ended in Mar. 2026 was 17.34%.


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

NCHEY' s Gross Margin % Range Over the Past 10 Years
Min: 16.07   Med: 16.95   Max: 18.04
Current: 18.04


During the past 13 years, the highest Gross Margin % of Nichirei was 18.04%. The lowest was 16.07%. And the median was 16.95%.

NCHEY's Gross Margin % is ranked worse than
69.11% of 1900 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs NCHEY: 18.04

Nichirei had a gross margin of 17.34% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nichirei was 1.40% per year.


Nichirei  (OTCPK:NCHEY) 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

Nichirei had a gross margin of 17.34% 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.


Nichirei Gross Margin % Related Terms


Nichirei Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nichirei'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.

Nichirei Gross Margin % Chart

Nichirei Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.96 16.44 17.67 17.98 18.04

Nichirei 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 17.00 18.54 18.15 18.17 17.34

NCHEY vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Nichirei'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.


Nichirei Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nichirei's Gross Margin % distribution charts can be found below:

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


NCHEY
84GF Score
Nichirei Corp NCHEY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nichirei Gross Margin % Calculation

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

Nichirei's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=814.3 / 4513.057
=(Revenue - Cost of Goods Sold) / Revenue
=(4513.057 - 3698.721) / 4513.057
=18.04 %

Nichirei'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 )
=195 / 1124.748
=(Revenue - Cost of Goods Sold) / Revenue
=(1124.748 - 929.711) / 1124.748
=17.34 %

* 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 17.34% mean?
Nichirei (NCHEY) has a Gross Margin % of 17.34% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nichirei and its competitors. This is near median its historical median of 16.95. Over the past decade, Nichirei's Gross Margin % has ranged from 16.07 to 18.04. According to the industry distribution chart, Nichirei ranks #1313 out of 1900 companies in the Consumer Packaged Goods industry, placing it in the top 69.1%.
Is Nichirei's Gross Margin % too high?
Nichirei's current Gross Margin % of 17.34% is near median its 10-year median of 16.95. Over the past 10 years, this metric has ranged from a low of 16.07 to a high of 18.04. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Nichirei's value of 17.34% is 34.2% below this industry median. Based on the distribution chart, Nichirei ranks #1313 out of 1900 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Nichirei has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Nichirei's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nichirei ranks #1313 out of 1900 companies for Gross Margin %. This places Nichirei in the lower half of its industry. The industry median Gross Margin % is 26.37. Nichirei's value of 17.34% is 34.2% below this benchmark. Historically, Nichirei's own Gross Margin % has ranged from 16.07 to 18.04 over the past decade. While the company's 10-year median is 16.95 vs. the industry median of 26.37, Nichirei 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,900 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. Nichirei's current Gross Margin % of 17.34% is 34.2% 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 Nichirei and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichirei's current Gross Margin % is 17.34%, which is near median its own 10-year median of 16.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichirei stock overvalued right now?
Nichirei (NCHEY) has a current Gross Margin % of 17.34%. The stock's GF Value™ is $10.72, compared to a current price of $12.10 — trading 12.9% above its estimated fair value. The current Gross Margin % is 17.34%, which is near median its 10-year median of 16.95 and 34.2% below the Consumer Packaged Goods industry median of 26.37. Nichirei's overall GF Score™ is 84/100 with 4 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 Nichirei (NCHEY), the current Gross Margin % is 17.34% 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 Nichirei (NCHEY) Overvalued in 2026?

Based on GuruFocus' analysis, Nichirei stock appears to be overvalued. The current stock price of $12.10 is trading 12.9% above its estimated GF Value™ of $10.72.

Key valuation signals for NCHEY:

  • Gross Margin %: 17.34% (near median its 10-year median of 16.95)
  • GF Value™: $10.72 vs. price of $12.10 (12.9% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 34.2% below the Consumer Packaged Goods median (#1313 of 1900)

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


Nichirei Business Description

Other Exchanges 2871:Japan
Address 6-19-20 Tsukiji, Nichirei Higashi Ginza Building, Chuo-ku, Tokyo, JPN, 104-8402
Nichirei Corp is a Japanese packaged-food company. The company operates through six segments. The Animal Husbandry segment covers livestock processing, sales, and chicken breeding. The Fisheries segment handles marine product processing and sales. The Processed Food segment offers frozen foods, agricultural and wellness products, resort foods, acerola, and packaged ice. The Low Temperature Logistics segment provides transportation, storage, distribution center functions, logistics consulting, and related services. The Real Estate segment manages office buildings, parking, and leasing. The Others segment includes bioscience operations. It generates the majority of its revenue from the Processed food segment.
84GF Score

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

$12.10
Price
$10.72
GF Value