Maruhachi Holdings Co (NGO:3504) Gross Margin %: 62.73% (As of Mar. 2026) — Near Median

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NGO:3504 Maruhachi Holdings Co Ltd NGO:3504
61 GF Score
Price 円1,358.00
GF Value 円907.67
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Maruhachi Holdings Co Gross Margin %?

Maruhachi Holdings Co NGO:3504 +1.80% 61 Gross Margin % is 62.73% as of Mar. 2026, which is 3% below its 10-year median of 64.73. GuruFocus rates NGO:3504 with a GF Score™ of 61/100 and a GF Value™ of 円907.67 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Maruhachi Holdings Co ranks better than 98.32% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Maruhachi Holdings Co's Gross Profit for the six months ended in Mar. 2026 was 円3,797 Mil. Maruhachi Holdings Co's Revenue for the six months ended in Mar. 2026 was 円6,053 Mil. Therefore, Maruhachi Holdings Co's Gross Margin % for the quarter that ended in Mar. 2026 was 62.73%.


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

NGO:3504' s Gross Margin % Range Over the Past 10 Years
Min: 59.17   Med: 64.73   Max: 68.89
Current: 65.84


During the past 12 years, the highest Gross Margin % of Maruhachi Holdings Co was 68.89%. The lowest was 59.17%. And the median was 64.73%.

NGO:3504's Gross Margin % is ranked better than
98.32% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.425 vs NGO:3504: 65.84

Maruhachi Holdings Co had a gross margin of 62.73% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Maruhachi Holdings Co was 0.30% per year.


Maruhachi Holdings Co  (NGO:3504) 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

Maruhachi Holdings Co had a gross margin of 62.73% 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.


Maruhachi Holdings Co Gross Margin % Related Terms


Maruhachi Holdings Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Maruhachi 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.

Maruhachi Holdings Co Gross Margin % Chart

Maruhachi 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 68.37 68.89 67.32 66.20 65.84

Maruhachi 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 62.99 69.53 62.89 69.09 62.73

NGO:3504 vs SN, SGI, MHK: Gross Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Maruhachi 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.


Maruhachi Holdings Co Gross Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Maruhachi Holdings Co's Gross Margin % distribution charts can be found below:

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


NGO:3504
61GF Score
Maruhachi Holdings Co Ltd NGO:3504
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruhachi Holdings Co Gross Margin % Calculation

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

Maruhachi 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 )
=7793 / 11836.912
=(Revenue - Cost of Goods Sold) / Revenue
=(11836.912 - 4043.924) / 11836.912
=65.84 %

Maruhachi 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 )
=3796.9 / 6052.819
=(Revenue - Cost of Goods Sold) / Revenue
=(6052.819 - 2255.881) / 6052.819
=62.73 %

* 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 62.73% mean?
Maruhachi Holdings Co (NGO:3504) has a Gross Margin % of 62.73% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Maruhachi Holdings Co and its competitors. This is near median its historical median of 64.73. Over the past decade, Maruhachi Holdings Co's Gross Margin % has ranged from 59.17 to 68.89. According to the industry distribution chart, Maruhachi Holdings Co ranks #7 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 1.7%.
Is Maruhachi Holdings Co's Gross Margin % too high?
Maruhachi Holdings Co's current Gross Margin % of 62.73% is near median its 10-year median of 64.73. Over the past 10 years, this metric has ranged from a low of 59.17 to a high of 68.89. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.43. Maruhachi Holdings Co's value of 62.73% is 113.2% above this industry median. Based on the distribution chart, Maruhachi Holdings Co ranks #7 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Maruhachi Holdings Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Holdings Co's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Maruhachi Holdings Co ranks #7 out of 416 companies for Gross Margin %. This places Maruhachi Holdings Co in the top 2% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 29.43. Maruhachi Holdings Co's value of 62.73% is 113.2% above this benchmark. Historically, Maruhachi Holdings Co's own Gross Margin % has ranged from 59.17 to 68.89 over the past decade. While the company's 10-year median is 64.73 vs. the industry median of 29.43, Maruhachi 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 29.43, based on 416 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. Maruhachi Holdings Co's current Gross Margin % of 62.73% is 113.2% 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 Maruhachi Holdings Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruhachi Holdings Co's current Gross Margin % is 62.73%, which is near median its own 10-year median of 64.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Holdings Co (NGO:3504) is currently considered Significantly Overvalued. The stock's GF Value™ is 円907.67, compared to a current price of 円1,358.00 — trading 49.6% above its estimated fair value. The current Gross Margin % is 62.73%, which is near median its 10-year median of 64.73 and 113.2% above the Furnishings, Fixtures & Appliances industry median of 29.43. Maruhachi Holdings Co's overall GF Score™ is 61/100 with 7 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 Maruhachi Holdings Co (NGO:3504), the current Gross Margin % is 62.73% 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 Maruhachi Holdings Co (NGO:3504) Overvalued in 2026?

Based on GuruFocus' analysis, Maruhachi Holdings Co stock appears to be overvalued. The current stock price of 円1,358.00 is trading 49.6% above its estimated GF Value™ of 円907.67. GuruFocus considers Maruhachi Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:3504:

  • Gross Margin %: 62.73% (near median its 10-year median of 64.73)
  • GF Value™: 円907.67 vs. price of 円1,358.00 (49.6% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 113.2% above the Furnishings, Fixtures & Appliances median (#7 of 416)

No single metric tells the full story. See the NGO:3504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruhachi Holdings Co Business Description

Address Kohoku 3-8-12 8th Floor, Kanagawa-ku, Yokohama, Yubinbango, Yokohama, JPN, 222-0033
Maruhachi Holdings Co Ltd manufactures and sells bedding products including bedding feathers, wool bedding, & fur bedding; and also offers curtains. It is also engaged in real estate leasing business.
61GF Score

Get the complete analysis for NGO:3504

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

円1,358.00
Price
円907.67
GF Value