Brass (NGO:2424) Gross Margin %: 65.98% (As of Jan. 2026) — Near Median


NGO:2424 Brass Corp NGO:2424
61 GF Score
Price 円477.00
GF Value 円571.89
! 1 Warning Sign
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What is Brass Gross Margin %?

Brass NGO:2424 61 Gross Margin % is 65.98% as of Jan. 2026, which is 2% above its 10-year median of 64.58. GuruFocus rates NGO:2424 with a GF Score™ of 61/100 and a GF Value™ of 円571.89. The stock has 1 warning sign investors should review. Among 94 Personal Services companies, Brass ranks better than 77.66% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Brass's Gross Profit for the six months ended in Jan. 2026 was 円4,560 Mil. Brass's Revenue for the six months ended in Jan. 2026 was 円6,911 Mil. Therefore, Brass's Gross Margin % for the quarter that ended in Jan. 2026 was 65.98%.


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

NGO:2424' s Gross Margin % Range Over the Past 10 Years
Min: 62.29   Med: 64.58   Max: 67.58
Current: 67.24


During the past 11 years, the highest Gross Margin % of Brass was 67.58%. The lowest was 62.29%. And the median was 64.58%.

NGO:2424's Gross Margin % is ranked better than
77.66% of 94 companies
in the Personal Services industry
Industry Median: 41.795 vs NGO:2424: 67.24

Brass had a gross margin of 65.98% for the quarter that ended in Jan. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Brass was 1.10% per year.


Brass  (NGO:2424) 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

Brass had a gross margin of 65.98% for the quarter that ended in Jan. 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.


Brass Gross Margin % Related Terms


Brass Gross Margin % Historical Data

* Premium members only.

The historical data trend for Brass'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.

Brass Gross Margin % Chart

Brass Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.43 67.14 67.33 66.95 67.58

Brass Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 67.58 66.34 66.62 68.46 65.98

NGO:2424 vs ROL, SCI, FTDR: Gross Margin % Comparison

For the Personal Services subindustry, Brass'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.


Brass Gross Margin % vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Brass's Gross Margin % distribution charts can be found below:

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


NGO:2424
61GF Score
Brass Corp NGO:2424
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Brass Gross Margin % Calculation

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

Brass's Gross Margin for the fiscal year that ended in Jul. 2025 is calculated as

Gross Margin % (A: Jul. 2025 )=Gross Profit (A: Jul. 2025 ) / Revenue (A: Jul. 2025 )
=9165.5 / 13562.102
=(Revenue - Cost of Goods Sold) / Revenue
=(13562.102 - 4396.576) / 13562.102
=67.58 %

Brass's Gross Margin for the quarter that ended in Jan. 2026 is calculated as


Gross Margin % (Q: Jan. 2026 )=Gross Profit (Q: Jan. 2026 ) / Revenue (Q: Jan. 2026 )
=4559.8 / 6911.014
=(Revenue - Cost of Goods Sold) / Revenue
=(6911.014 - 2351.19) / 6911.014
=65.98 %

* 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 65.98% mean?
Brass (NGO:2424) has a Gross Margin % of 65.98% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Brass and its competitors. This is near median its historical median of 64.58. Over the past decade, Brass' Gross Margin % has ranged from 62.29 to 67.58. According to the industry distribution chart, Brass ranks #21 out of 94 companies in the Personal Services industry, placing it in the top 22.3%.
Is Brass' Gross Margin % too high?
Brass' current Gross Margin % of 65.98% is near median its 10-year median of 64.58. Over the past 10 years, this metric has ranged from a low of 62.29 to a high of 67.58. The Personal Services industry median Gross Margin % is 41.80. Brass' value of 65.98% is 57.9% above this industry median. Based on the distribution chart, Brass ranks #21 out of 94 companies in the Personal Services industry, which is in the top quartile — a strong position relative to peers. Overall, Brass has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Brass' Gross Margin % compare to ROL and SCI?
According to the Personal Services industry distribution chart, Brass ranks #21 out of 94 companies for Gross Margin %. This places Brass in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 41.80. Brass' value of 65.98% is 57.9% above this benchmark. Historically, Brass' own Gross Margin % has ranged from 62.29 to 67.58 over the past decade. While the company's 10-year median is 64.58 vs. the industry median of 41.80, Brass 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 Personal Services company?
The median Gross Margin % among Personal Services companies is 41.80, based on 94 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. Brass's current Gross Margin % of 65.98% is 57.9% 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 Brass and its competitors. For the Personal Services industry, the median Gross Margin % is 41.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brass's current Gross Margin % is 65.98%, which is near median its own 10-year median of 64.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brass stock overvalued right now?
Brass (NGO:2424) has a current Gross Margin % of 65.98%. The stock's GF Value™ is 円571.89, compared to a current price of 円477.00 — trading 16.6% below its estimated fair value. The current Gross Margin % is 65.98%, which is near median its 10-year median of 64.58 and 57.9% above the Personal Services industry median of 41.80. Brass' overall GF Score™ is 61/100 with 1 warning sign 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 Brass (NGO:2424), the current Gross Margin % is 65.98% as of Jan. 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 Brass (NGO:2424) Overvalued in 2026?

Based on GuruFocus' analysis, Brass stock appears to be undervalued. The current stock price of 円477.00 is trading 16.6% below its estimated GF Value™ of 円571.89.

Key valuation signals for NGO:2424:

  • Gross Margin %: 65.98% (near median its 10-year median of 64.58)
  • GF Value™: 円571.89 vs. price of 円477.00 (16.6% below fair value)
  • GF Score™: 61/100 with 1 warning sign
  • Industry Position: 57.9% above the Personal Services median (#21 of 94)

No single metric tells the full story. See the NGO:2424 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brass Business Description

Other Exchanges 2424:Japan
Address 2-34-1 Meieki, Yubinbango 451, Ecole Plaza Meieki Building, 4th floor, Nishi-ku, Aichi Prefecture, Nagoya, JPN, 451-0045
Brass Corp is engaged in house wedding business. It is focused on planning and management of wedding reception accompanying house wedding business, sales and rental of wedding costume. It also has a restaurant business.
61GF Score

Get the complete analysis for NGO:2424

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

円477.00
Price
円571.89
GF Value