Onward Holdings CoOKASY 76 Gross Margin % is 52.37% as of Feb. 2026, which is 6% above its 10-year median of 49.37. GuruFocus rates OKASY with a GF Score™ of 76/100 and a GF Value™ of $47.86. The stock has 2 warning signs investors should review. Among 1,028 Manufacturing - Apparel & Accessories companies, Onward Holdings Co ranks better than 82% on this metric.
Onward Holdings Co had a gross margin of 52.37% for the quarter that ended in Feb. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Onward Holdings Co was 5.00% per year.
Onward Holdings Co (OTCPK:OKASY) 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
Onward Holdings Co had a gross margin of 52.37% for the quarter that ended in Feb. 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.
Onward Holdings Co Gross Margin % Related Terms
Onward Holdings Co Gross Margin % Historical Data
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The historical data trend for Onward 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.
For the Apparel Manufacturing subindustry, Onward 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.
Onward Holdings Co Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Onward Holdings Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Onward Holdings Co'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.
Onward Holdings Co (OKASY) has a Gross Margin % of 52.37% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Onward Holdings Co and its competitors. This is near median its historical median of 49.37. Over the past decade, Onward Holdings Co's Gross Margin % has ranged from 40.19 to 55.78. According to the industry distribution chart, Onward Holdings Co ranks #185 out of 1028 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 18%.
Is Onward Holdings Co's Gross Margin % too high?
Onward Holdings Co's current Gross Margin % of 52.37% is near median its 10-year median of 49.37. Over the past 10 years, this metric has ranged from a low of 40.19 to a high of 55.78. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.39. Onward Holdings Co's value of 52.37% is 84.5% above this industry median. Based on the distribution chart, Onward Holdings Co ranks #185 out of 1028 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Onward Holdings Co has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Onward Holdings Co's Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Onward Holdings Co ranks #185 out of 1028 companies for Gross Margin %. This places Onward Holdings Co in the top 18% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.39. Onward Holdings Co's value of 52.37% is 84.5% above this benchmark. Historically, Onward Holdings Co's own Gross Margin % has ranged from 40.19 to 55.78 over the past decade. While the company's 10-year median is 49.37 vs. the industry median of 28.39, Onward 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.39, based on 1,028 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. Onward Holdings Co's current Gross Margin % of 52.37% is 84.5% 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 Onward Holdings Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onward Holdings Co's current Gross Margin % is 52.37%, which is near median its own 10-year median of 49.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Holdings Co stock overvalued right now?
Onward Holdings Co (OKASY) has a current Gross Margin % of 52.37%. The stock's GF Value™ is $47.86, compared to a current price of $50.00 — trading 4.5% above its estimated fair value. The current Gross Margin % is 52.37%, which is near median its 10-year median of 49.37 and 84.5% above the Manufacturing - Apparel & Accessories industry median of 28.39. Onward Holdings Co's overall GF Score™ is 76/100 with 2 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 Onward Holdings Co (OKASY), the current Gross Margin % is 52.37% as of Feb. 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 Onward Holdings Co (OKASY) Overvalued in 2026?
Based on GuruFocus' analysis, Onward Holdings Co stock appears to be overvalued.
The current stock price of $50.00 is trading 4.5% above its estimated GF Value™ of $47.86.
Key valuation signals for OKASY:
Gross Margin %: 52.37% (near median its 10-year median of 49.37)
GF Value™: $47.86 vs. price of $50.00 (4.5% above fair value)
Industry Position: 84.5% above the Manufacturing - Apparel & Accessories median (#185 of 1028)
No single metric tells the full story. See the OKASY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onward Holdings Co Ltd manufactures and sells clothing, shoes, uniforms, bags, and other items. Women's clothing sales account for the majority of Onward's apparel revenue. The company's core brands include Nijyusanku, Kumikyoku, ICB, Jiyuku, J.Press, and Gotairiku. More than three-fourths of Onward's sales are through department stores. Remaining sales are through other retailers, directly managed stores, and e-commerce. More than three-fourths of Onward's sales are in Japan, and the majority of the company's remaining sales are in Europe. The company manufactures its products mainly in China.
76GF Score
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