Sala (NGO:2734) Gross Margin %: 23.61% (As of Nov. 2025) — Near Median


NGO:2734 Sala Corp NGO:2734
56 GF Score
Price 円809.00
GF Value 円633.85
! 4 Warning Signs
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What is Sala Gross Margin %?

Sala NGO:2734 56 Gross Margin % is 23.61% as of Nov. 2025, which is 8% below its 10-year median of 25.66. GuruFocus rates NGO:2734 with a GF Score™ of 56/100 and a GF Value™ of 円633.85. The stock has 4 warning signs investors should review. Among 515 Conglomerates companies, Sala ranks worse than 53.2% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Sala's Gross Profit for the six months ended in Nov. 2025 was 円28,399 Mil. Sala's Revenue for the six months ended in Nov. 2025 was 円120,280 Mil. Therefore, Sala's Gross Margin % for the quarter that ended in Nov. 2025 was 23.61%.

Warning Sign:

Sala Corp gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


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

NGO:2734' s Gross Margin % Range Over the Past 10 Years
Min: 23.06   Med: 25.66   Max: 26.78
Current: 24.35


During the past 13 years, the highest Gross Margin % of Sala was 26.78%. The lowest was 23.06%. And the median was 25.66%.

NGO:2734's Gross Margin % is ranked worse than
53.2% of 515 companies
in the Conglomerates industry
Industry Median: 25.96 vs NGO:2734: 24.35

Sala had a gross margin of 23.61% for the quarter that ended in Nov. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sala was -2.10% per year.


Sala  (NGO:2734) 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

Sala had a gross margin of 23.61% for the quarter that ended in Nov. 2025 => Competition eroding margins


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.


Sala Gross Margin % Related Terms


Sala Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sala'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.

Sala Gross Margin % Chart

Sala Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.61 24.52 23.06 23.79 24.35

Sala Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 22.01 25.29 22.33 25.03 23.61

NGO:2734 vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, Sala'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.


Sala Gross Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sala's Gross Margin % distribution charts can be found below:

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


NGO:2734
56GF Score
Sala Corp NGO:2734
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sala Gross Margin % Calculation

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

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

Gross Margin % (A: Nov. 2025 )=Gross Profit (A: Nov. 2025 ) / Revenue (A: Nov. 2025 )
=61255 / 251533
=(Revenue - Cost of Goods Sold) / Revenue
=(251533 - 190278) / 251533
=24.35 %

Sala's Gross Margin for the quarter that ended in Nov. 2025 is calculated as


Gross Margin % (Q: Nov. 2025 )=Gross Profit (Q: Nov. 2025 ) / Revenue (Q: Nov. 2025 )
=28399 / 120280
=(Revenue - Cost of Goods Sold) / Revenue
=(120280 - 91881) / 120280
=23.61 %

* 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 23.61% mean?
Sala (NGO:2734) has a Gross Margin % of 23.61% as of Nov. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Sala and its competitors. This is near median its historical median of 25.66. Over the past decade, Sala's Gross Margin % has ranged from 23.06 to 26.78. According to the industry distribution chart, Sala ranks #274 out of 515 companies in the Conglomerates industry, placing it in the top 53.2%.
Is Sala's Gross Margin % too high?
Sala's current Gross Margin % of 23.61% is near median its 10-year median of 25.66. Over the past 10 years, this metric has ranged from a low of 23.06 to a high of 26.78. The Conglomerates industry median Gross Margin % is 25.96. Sala's value of 23.61% is 9.1% below this industry median. Based on the distribution chart, Sala ranks #274 out of 515 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Sala has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Sala's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Sala ranks #274 out of 515 companies for Gross Margin %. This places Sala in the lower half of its industry. The industry median Gross Margin % is 25.96. Sala's value of 23.61% is 9.1% below this benchmark. Historically, Sala's own Gross Margin % has ranged from 23.06 to 26.78 over the past decade. While the company's 10-year median is 25.66 vs. the industry median of 25.96, Sala 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.96, based on 515 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. Sala's current Gross Margin % of 23.61% is 9.1% 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 Sala and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sala's current Gross Margin % is 23.61%, which is near median its own 10-year median of 25.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sala stock overvalued right now?
Sala (NGO:2734) has a current Gross Margin % of 23.61%. The stock's GF Value™ is 円633.85, compared to a current price of 円809.00 — trading 27.6% above its estimated fair value. The current Gross Margin % is 23.61%, which is near median its 10-year median of 25.66 and 9.1% below the Conglomerates industry median of 25.96. Sala's overall GF Score™ is 56/100 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 Sala (NGO:2734), the current Gross Margin % is 23.61% 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 Sala (NGO:2734) Overvalued in 2026?

Based on GuruFocus' analysis, Sala stock appears to be overvalued. The current stock price of 円809.00 is trading 27.6% above its estimated GF Value™ of 円633.85.

Key valuation signals for NGO:2734:

  • Gross Margin %: 23.61% (near median its 10-year median of 25.66)
  • GF Value™: 円633.85 vs. price of 円809.00 (27.6% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 9.1% below the Conglomerates median (#274 of 515)

No single metric tells the full story. See the NGO:2734 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sala Business Description

Other Exchanges 2734:Japan
Address Sala Tower, 1-55 Ekimae-odori, Aichi Prefecture, Toyohashi, JPN, 440-8533
Sala Corp is a holding company engaged in the management and operation of subsidiaries. The company operates in Energy and Solutions, Car Life Support, Housing, Engineering and Maintenance, Animal Health Care, and Properties businesses.
56GF Score

Get the complete analysis for NGO:2734

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

円809.00
Price
円633.85
GF Value