VLC Holdings Co (NGO:2467) Gross Margin %: 47.57% (As of Mar. 2026) — 18% Above Median


NGO:2467 VLC Holdings Co Ltd NGO:2467
52 GF Score
Price 円219.00
GF Value 円141.56
Valuation Significantly Overvalued
! 5 Warning Signs
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What is VLC Holdings Co Gross Margin %?

VLC Holdings Co NGO:2467 -2.67% 52 Gross Margin % is 47.57% as of Mar. 2026, which is 18% above its 10-year median of 40.38. GuruFocus rates NGO:2467 with a GF Score™ of 52/100 and a GF Value™ of 円141.56 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,685 Software companies, VLC Holdings Co ranks better than 54.45% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. VLC Holdings Co's Gross Profit for the six months ended in Mar. 2026 was 円359 Mil. VLC Holdings Co's Revenue for the six months ended in Mar. 2026 was 円754 Mil. Therefore, VLC Holdings Co's Gross Margin % for the quarter that ended in Mar. 2026 was 47.57%.


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

NGO:2467' s Gross Margin % Range Over the Past 10 Years
Min: 29.55   Med: 40.38   Max: 45.13
Current: 44.38


During the past 13 years, the highest Gross Margin % of VLC Holdings Co was 45.13%. The lowest was 29.55%. And the median was 40.38%.

NGO:2467's Gross Margin % is ranked better than
54.45% of 2685 companies
in the Software industry
Industry Median: 40.45 vs NGO:2467: 44.38

VLC Holdings Co had a gross margin of 47.57% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for VLC Holdings Co was 2.90% per year.


VLC Holdings Co  (NGO:2467) 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

VLC Holdings Co had a gross margin of 47.57% 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.


VLC Holdings Co Gross Margin % Related Terms


VLC Holdings Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for VLC 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.

VLC Holdings Co Gross Margin % Chart

VLC Holdings Co 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 45.13 44.69 42.53 40.56 44.38

VLC Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 45.39 36.33 44.54 40.45 47.57

NGO:2467 vs IBM, ACN, FISV: Gross Margin % Comparison

For the Information Technology Services subindustry, VLC 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.


VLC Holdings Co Gross Margin % vs Software Industry

For the Software industry and Technology sector, VLC Holdings Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where VLC Holdings Co's Gross Margin % falls into.


NGO:2467
52GF Score
VLC Holdings Co Ltd NGO:2467
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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VLC Holdings Co Gross Margin % Calculation

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

VLC Holdings Co'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 )
=606.1 / 1365.823
=(Revenue - Cost of Goods Sold) / Revenue
=(1365.823 - 759.693) / 1365.823
=44.38 %

VLC Holdings Co'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 )
=358.6 / 753.814
=(Revenue - Cost of Goods Sold) / Revenue
=(753.814 - 395.255) / 753.814
=47.57 %

* 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 47.57% mean?
VLC Holdings Co (NGO:2467) has a Gross Margin % of 47.57% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on VLC Holdings Co and its competitors. This is 18% above median its historical median of 40.38. Over the past decade, VLC Holdings Co's Gross Margin % has ranged from 29.55 to 45.13. According to the industry distribution chart, VLC Holdings Co ranks #1223 out of 2685 companies in the Software industry, placing it in the top 45.5%.
Is VLC Holdings Co's Gross Margin % too high?
VLC Holdings Co's current Gross Margin % of 47.57% is 18% above median its 10-year median of 40.38. Over the past 10 years, this metric has ranged from a low of 29.55 to a high of 45.13. The Software industry median Gross Margin % is 40.45. VLC Holdings Co's value of 47.57% is 17.6% above this industry median. Based on the distribution chart, VLC Holdings Co ranks #1223 out of 2685 companies in the Software industry, which is above the industry midpoint. Overall, VLC Holdings Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VLC Holdings Co's Gross Margin % compare to IBM and ACN?
According to the Software industry distribution chart, VLC Holdings Co ranks #1223 out of 2685 companies for Gross Margin %. This puts VLC Holdings Co in the upper half of its industry. The industry median Gross Margin % is 40.45. VLC Holdings Co's value of 47.57% is 17.6% above this benchmark. Historically, VLC Holdings Co's own Gross Margin % has ranged from 29.55 to 45.13 over the past decade. While the company's 10-year median is 40.38 vs. the industry median of 40.45, VLC 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 Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,685 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. VLC Holdings Co's current Gross Margin % of 47.57% is 17.6% 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 VLC Holdings Co 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. VLC Holdings Co's current Gross Margin % is 47.57%, which is 18% above median its own 10-year median of 40.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VLC Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, VLC Holdings Co (NGO:2467) is currently considered Significantly Overvalued. The stock's GF Value™ is 円141.56, compared to a current price of 円219.00 — trading 54.7% above its estimated fair value. The current Gross Margin % is 47.57%, which is 18% above median its 10-year median of 40.38 and 17.6% above the Software industry median of 40.45. VLC Holdings Co's overall GF Score™ is 52/100 with 5 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 VLC Holdings Co (NGO:2467), the current Gross Margin % is 47.57% 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 VLC Holdings Co (NGO:2467) Overvalued in 2026?

Based on GuruFocus' analysis, VLC Holdings Co stock appears to be overvalued. The current stock price of 円219.00 is trading 54.7% above its estimated GF Value™ of 円141.56. GuruFocus considers VLC Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:2467:

  • Gross Margin %: 47.57% (18% above median its 10-year median of 40.38)
  • GF Value™: 円141.56 vs. price of 円219.00 (54.7% above fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 17.6% above the Software median (#1223 of 2685)

No single metric tells the full story. See the NGO:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VLC Holdings Co Business Description

Address No. 2, No. 2, Chuo-ku Nihombashi Bashoku-cho, Asahi Mutual Life Insurance Building, Chuo-ku, Tokyo, JPN, 103-0002
VLC Holdings Co Ltd provides consultancy services. It also offers compliance management, internet marketing research and other survey services. Its consulting business includes information security, marketing research through internet and sales promotion. It provides other services related to cybersecurity products.
52GF Score

Get the complete analysis for NGO:2467

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

円219.00
Price
円141.56
GF Value