Cross PlusNGO:3320 63 Gross Margin % is 27.06% as of Jan. 2026, which is 19% above its 10-year median of 22.83. GuruFocus rates NGO:3320 with a GF Score™ of 63/100 and a GF Value™ of 円1,022.64. The stock has 1 warning sign investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, Cross Plus ranks worse than 51.17% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Cross Plus's Gross Profit for the
six
months ended in Jan. 2026 was 円8,290 Mil. Cross Plus's Revenue for the
six
months ended in Jan. 2026 was 円30,635 Mil. Therefore, Cross Plus's Gross Margin % for the quarter that ended in Jan. 2026 was 27.06%.
The historical rank and industry rank for Cross Plus's Gross Margin % or its related term are showing as below:
NGO:3320'
s Gross Margin % Range Over the Past 10 Years
Min: 19.35 Med: 22.83 Max: 27.63
Current: 27.6
During the past 13 years, the highestGross Margin % of Cross Plus was 27.63%. The lowest was 19.35%. And the median was 22.83%.
NGO:3320's Gross Margin % is ranked worse than 51.17% of 1024
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.415
vs NGO:3320: 27.60
Cross Plus had a gross margin of 27.06% for the quarter that ended in Jan. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Cross Plus was 5.30% per year.
Cross Plus (NGO:3320) 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
Cross Plus had a gross margin of 27.06% for the quarter that ended in Jan. 2026 => 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.
Cross Plus Gross Margin % Related Terms
Cross Plus Gross Margin % Historical Data
* Premium members only.
The historical data trend for Cross Plus'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.
NGO:3320 vs RL, LEVI, VFC: Gross Margin % Comparison
For the Apparel Manufacturing subindustry, Cross Plus'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.
Cross Plus Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cross Plus's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Cross Plus'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.
Cross Plus (NGO:3320) has a Gross Margin % of 27.06% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Cross Plus and its competitors. This is 19% above median its historical median of 22.83. Over the past decade, Cross Plus' Gross Margin % has ranged from 19.35 to 27.63. According to the industry distribution chart, Cross Plus ranks #524 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 51.2%.
Is Cross Plus' Gross Margin % too high?
Cross Plus' current Gross Margin % of 27.06% is 19% above median its 10-year median of 22.83. Over the past 10 years, this metric has ranged from a low of 19.35 to a high of 27.63. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.42. Cross Plus' value of 27.06% is 4.8% below this industry median. Based on the distribution chart, Cross Plus ranks #524 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Cross Plus has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Cross Plus' Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Cross Plus ranks #524 out of 1024 companies for Gross Margin %. This places Cross Plus in the lower half of its industry. The industry median Gross Margin % is 28.42. Cross Plus' value of 27.06% is 4.8% below this benchmark. Historically, Cross Plus' own Gross Margin % has ranged from 19.35 to 27.63 over the past decade. While the company's 10-year median is 22.83 vs. the industry median of 28.42, Cross Plus 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.42, based on 1,024 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. Cross Plus's current Gross Margin % of 27.06% is 4.8% 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 Cross Plus and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cross Plus's current Gross Margin % is 27.06%, which is 19% above median its own 10-year median of 22.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cross Plus stock overvalued right now?
Cross Plus (NGO:3320) has a current Gross Margin % of 27.06%. The stock's GF Value™ is 円1,022.64, compared to a current price of 円1,170.00 — trading 14.4% above its estimated fair value. The current Gross Margin % is 27.06%, which is 19% above median its 10-year median of 22.83 and 4.8% below the Manufacturing - Apparel & Accessories industry median of 28.42. Cross Plus' overall GF Score™ is 63/100 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 Cross Plus (NGO:3320), the current Gross Margin % is 27.06% 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 Cross Plus (NGO:3320) Overvalued in 2026?
Based on GuruFocus' analysis, Cross Plus stock appears to be overvalued.
The current stock price of 円1,170.00 is trading 14.4% above its estimated GF Value™ of 円1,022.64.
Key valuation signals for NGO:3320:
Gross Margin %: 27.06% (19% above median its 10-year median of 22.83)
GF Value™: 円1,022.64 vs. price of 円1,170.00 (14.4% above fair value)
Industry Position: 4.8% below the Manufacturing - Apparel & Accessories median (#524 of 1024)
No single metric tells the full story. See the NGO:3320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cross Plus Inc is an apparel manufacturing company based in Japan. It is engaged in the planning, manufacturing and selling of women's apparel, clothing accessories and operating SPA. The company primarily serves widespread business partners such as mass merchandising stores, speciality shop and department stores nationwide.
63GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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