Nitori Holdings CoNCLTY +1.45%82 Gross Margin % is 52.57% as of Mar. 2026, which is 2% below its 10-year median of 53.73. GuruFocus rates NCLTY with a GF Score™ of 82/100 and a GF Value™ of $10.95 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 419 Furnishings, Fixtures & Appliances companies, Nitori Holdings Co ranks better than 89.98% on this metric.
Nitori Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.6%.
The historical rank and industry rank for Nitori Holdings Co's Gross Margin % or its related term are showing as below:
NCLTY'
s Gross Margin % Range Over the Past 10 Years
Min: 51.01 Med: 53.73 Max: 57.44
Current: 53.21
During the past 13 years, the highestGross Margin % of Nitori Holdings Co was 57.44%. The lowest was 51.01%. And the median was 53.73%.
NCLTY's Gross Margin % is ranked better than 89.98% of 419
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.11
vs NCLTY: 53.21
Nitori Holdings Co had a gross margin of 52.57% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Nitori Holdings Co was -1.60% per year.
Nitori Holdings Co (OTCPK:NCLTY) 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
Nitori Holdings Co had a gross margin of 52.57% for the quarter that ended in Mar. 2026 => 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.
Nitori Holdings Co Gross Margin % Related Terms
Nitori Holdings Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Nitori Holdings 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.
For the Furnishings, Fixtures & Appliances subindustry, Nitori Holdings 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.
Nitori Holdings Co Gross Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nitori Holdings Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Nitori Holdings Co'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.
Nitori Holdings Co (NCLTY) has a Gross Margin % of 52.57% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nitori Holdings Co and its competitors. This is near median its historical median of 53.73. Over the past decade, Nitori Holdings Co's Gross Margin % has ranged from 51.01 to 57.44. According to the industry distribution chart, Nitori Holdings Co ranks #42 out of 419 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 10%.
Is Nitori Holdings Co's Gross Margin % too high?
Nitori Holdings Co's current Gross Margin % of 52.57% is near median its 10-year median of 53.73. Over the past 10 years, this metric has ranged from a low of 51.01 to a high of 57.44. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.11. Nitori Holdings Co's value of 52.57% is 80.6% above this industry median. Based on the distribution chart, Nitori Holdings Co ranks #42 out of 419 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Nitori Holdings Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nitori Holdings Co's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Nitori Holdings Co ranks #42 out of 419 companies for Gross Margin %. This places Nitori Holdings Co in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 29.11. Nitori Holdings Co's value of 52.57% is 80.6% above this benchmark. Historically, Nitori Holdings Co's own Gross Margin % has ranged from 51.01 to 57.44 over the past decade. While the company's 10-year median is 53.73 vs. the industry median of 29.11, Nitori Holdings Co 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.11, based on 419 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. Nitori Holdings Co's current Gross Margin % of 52.57% is 80.6% 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 Nitori Holdings Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitori Holdings Co's current Gross Margin % is 52.57%, which is near median its own 10-year median of 53.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitori Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nitori Holdings Co (NCLTY) is currently considered Significantly Undervalued. The stock's GF Value™ is $10.95, compared to a current price of $7.40 — trading 32.5% below its estimated fair value. The current Gross Margin % is 52.57%, which is near median its 10-year median of 53.73 and 80.6% above the Furnishings, Fixtures & Appliances industry median of 29.11. Nitori Holdings Co's overall GF Score™ is 82/100 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 Nitori Holdings Co (NCLTY), the current Gross Margin % is 52.57% 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 Nitori Holdings Co (NCLTY) Overvalued in 2026?
Based on GuruFocus' analysis, Nitori Holdings Co stock appears to be undervalued.
The current stock price of $7.40 is trading 32.5% below its estimated GF Value™ of $10.95.
GuruFocus considers Nitori Holdings Co to be Significantly Undervalued.
Key valuation signals for NCLTY:
Gross Margin %: 52.57% (near median its 10-year median of 53.73)
GF Value™: $10.95 vs. price of $7.40 (32.5% below fair value)
Industry Position: 80.6% above the Furnishings, Fixtures & Appliances median (#42 of 419)
No single metric tells the full story. See the NCLTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitori Holdings Co Ltd is a Japan-based company engaged in the sale of furniture and interior goods. The company operates through two business segments. The Nitori Business segment is involved in the development, manufacturing, and sale of furniture and interior goods, along with activities such as real estate leasing, advertising, and logistics services. The Shimachu Business segment focuses on the sale of furniture, interior goods, and home center products. It generates the majority of its revenue from the Nitori Business segment.
82GF Score
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