Maruichi Co (NGO:8228) Gross Margin %: 8.85% (As of Mar. 2026) — Near Median


NGO:8228 Maruichi Co Ltd NGO:8228
65 GF Score
Price 円1,122.00
GF Value 円1,485.08
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Maruichi Co Gross Margin %?

Maruichi Co NGO:8228 +0.27% 65 Gross Margin % is 8.85% as of Mar. 2026, which is 3% above its 10-year median of 8.61. GuruFocus rates NGO:8228 with a GF Score™ of 65/100 and a GF Value™ of 円1,485.08 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 305 Retail - Defensive companies, Maruichi Co ranks worse than 86.89% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Maruichi Co's Gross Profit for the six months ended in Mar. 2026 was 円13,378 Mil. Maruichi Co's Revenue for the six months ended in Mar. 2026 was 円151,215 Mil. Therefore, Maruichi Co's Gross Margin % for the quarter that ended in Mar. 2026 was 8.85%.


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

NGO:8228' s Gross Margin % Range Over the Past 10 Years
Min: 8.25   Med: 8.61   Max: 10.92
Current: 8.69


During the past 13 years, the highest Gross Margin % of Maruichi Co was 10.92%. The lowest was 8.25%. And the median was 8.61%.

NGO:8228's Gross Margin % is ranked worse than
86.89% of 305 companies
in the Retail - Defensive industry
Industry Median: 24.08 vs NGO:8228: 8.69

Maruichi Co had a gross margin of 8.85% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Maruichi Co was 0.20% per year.


Maruichi Co  (NGO:8228) 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

Maruichi Co had a gross margin of 8.85% for the quarter that ended in Mar. 2026 => No sustainable 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.


Maruichi Co Gross Margin % Related Terms


Maruichi Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Maruichi 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.

Maruichi Co Gross Margin % Chart

Maruichi 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 8.45 8.27 8.25 8.38 8.69

Maruichi 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 8.27 7.98 8.74 8.53 8.85

NGO:8228 vs SYY, USFD, PFGC: Gross Margin % Comparison

For the Food Distribution subindustry, Maruichi 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.


Maruichi Co Gross Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Maruichi Co's Gross Margin % distribution charts can be found below:

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


NGO:8228
65GF Score
Maruichi Co Ltd NGO:8228
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maruichi Co Gross Margin % Calculation

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

Maruichi 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 )
=25824 / 297086
=(Revenue - Cost of Goods Sold) / Revenue
=(297086 - 271262) / 297086
=8.69 %

Maruichi 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 )
=13378 / 151215
=(Revenue - Cost of Goods Sold) / Revenue
=(151215 - 137837) / 151215
=8.85 %

* 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 8.85% mean?
Maruichi Co (NGO:8228) has a Gross Margin % of 8.85% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Maruichi Co and its competitors. This is near median its historical median of 8.61. Over the past decade, Maruichi Co's Gross Margin % has ranged from 8.25 to 10.92. According to the industry distribution chart, Maruichi Co ranks #265 out of 305 companies in the Retail - Defensive industry, placing it in the top 86.9%.
Is Maruichi Co's Gross Margin % too high?
Maruichi Co's current Gross Margin % of 8.85% is near median its 10-year median of 8.61. Over the past 10 years, this metric has ranged from a low of 8.25 to a high of 10.92. The Retail - Defensive industry median Gross Margin % is 24.08. Maruichi Co's value of 8.85% is 63.2% below this industry median. Based on the distribution chart, Maruichi Co ranks #265 out of 305 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Maruichi Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maruichi Co's Gross Margin % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Maruichi Co ranks #265 out of 305 companies for Gross Margin %. This places Maruichi Co in the lower half of its industry. The industry median Gross Margin % is 24.08. Maruichi Co's value of 8.85% is 63.2% below this benchmark. Historically, Maruichi Co's own Gross Margin % has ranged from 8.25 to 10.92 over the past decade. While the company's 10-year median is 8.61 vs. the industry median of 24.08, Maruichi Co 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 Retail - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.08, based on 305 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. Maruichi Co's current Gross Margin % of 8.85% is 63.2% 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 Maruichi Co and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruichi Co's current Gross Margin % is 8.85%, which is near median its own 10-year median of 8.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruichi Co stock overvalued right now?
Based on GuruFocus' analysis, Maruichi Co (NGO:8228) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,485.08, compared to a current price of 円1,122.00 — trading 24.4% below its estimated fair value. The current Gross Margin % is 8.85%, which is near median its 10-year median of 8.61 and 63.2% below the Retail - Defensive industry median of 24.08. Maruichi Co's overall GF Score™ is 65/100 with 3 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 Maruichi Co (NGO:8228), the current Gross Margin % is 8.85% 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 Maruichi Co (NGO:8228) Overvalued in 2026?

Based on GuruFocus' analysis, Maruichi Co stock appears to be undervalued. The current stock price of 円1,122.00 is trading 24.4% below its estimated GF Value™ of 円1,485.08. GuruFocus considers Maruichi Co to be Modestly Undervalued.

Key valuation signals for NGO:8228:

  • Gross Margin %: 8.85% (near median its 10-year median of 8.61)
  • GF Value™: 円1,485.08 vs. price of 円1,122.00 (24.4% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 63.2% below the Retail - Defensive median (#265 of 305)

No single metric tells the full story. See the NGO:8228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruichi Co Business Description

Address 3-38 Nagano City Market, Nagano, JPN, 381-2281
Maruichi Co Ltd is engaged in the wholesale business of fishery products, dairy foods, and frozen foods, general dry foods, processed foods, livestock products, and processed livestock products, retail store support business, among others. The company has four reportable segments: "Fishery Business", "General Food Business", and "Livestock Business", which are segments by product and service based on business divisions, and "Marusui Nagano Kensui Group", which is a segment by operating company. The company generates the majority of its revenue from Fishery Business segment, which is engaged in seafood, processed seafood products, daily necessities, and frozen foods, and manufactures processed seafood products.
65GF Score

Get the complete analysis for NGO:8228

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

円1,122.00
Price
円1,485.08
GF Value