Rizap Group (SSE:2928) Gross Margin %: 45.09% (As of Mar. 2026) — Near Median


SSE:2928 Rizap Group SSE:2928
56 GF Score
Price 円192.00
GF Value 円222.72
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Rizap Group Gross Margin %?

Rizap Group SSE:2928 +2.67% 56 Gross Margin % is 45.09% as of Mar. 2026, which is 3% below its 10-year median of 46.56. GuruFocus rates SSE:2928 with a GF Score™ of 56/100 and a GF Value™ of 円222.72 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Rizap Group ranks better than 67.21% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Rizap Group's Gross Profit for the three months ended in Mar. 2026 was 円19,241 Mil. Rizap Group's Revenue for the three months ended in Mar. 2026 was 円42,668 Mil. Therefore, Rizap Group's Gross Margin % for the quarter that ended in Mar. 2026 was 45.09%.


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

SSE:2928' s Gross Margin % Range Over the Past 10 Years
Min: 45.27   Med: 46.56   Max: 51.15
Current: 45.91


During the past 13 years, the highest Gross Margin % of Rizap Group was 51.15%. The lowest was 45.27%. And the median was 46.56%.

SSE:2928's Gross Margin % is ranked better than
67.21% of 1113 companies
in the Retail - Cyclical industry
Industry Median: 36.37 vs SSE:2928: 45.91

Rizap Group had a gross margin of 45.09% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Rizap Group was 0.60% per year.


Rizap Group  (SSE:2928) 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

Rizap Group had a gross margin of 45.09% 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.


Rizap Group Gross Margin % Related Terms


Rizap Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Rizap Group'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.

Rizap Group Gross Margin % Chart

Rizap Group 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 46.73 45.27 49.62 49.14 45.91

Rizap Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 50.06 47.16 46.95 44.61 45.09

SSE:2928 vs CASY, WSM, DKS: Gross Margin % Comparison

For the Specialty Retail subindustry, Rizap Group'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.


Rizap Group Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rizap Group's Gross Margin % distribution charts can be found below:

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


SSE:2928
56GF Score
Rizap Group SSE:2928
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Rizap Group Gross Margin % Calculation

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

Rizap Group'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 )
=76791 / 167257
=(Revenue - Cost of Goods Sold) / Revenue
=(167257 - 90466) / 167257
=45.91 %

Rizap Group'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 )
=19241 / 42668
=(Revenue - Cost of Goods Sold) / Revenue
=(42668 - 23427) / 42668
=45.09 %

* 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 45.09% mean?
Rizap Group (SSE:2928) has a Gross Margin % of 45.09% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Rizap Group and its competitors. This is near median its historical median of 46.56. Over the past decade, Rizap Group's Gross Margin % has ranged from 45.27 to 51.15. According to the industry distribution chart, Rizap Group ranks #365 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 32.8%.
Is Rizap Group's Gross Margin % too high?
Rizap Group's current Gross Margin % of 45.09% is near median its 10-year median of 46.56. Over the past 10 years, this metric has ranged from a low of 45.27 to a high of 51.15. The Retail - Cyclical industry median Gross Margin % is 36.37. Rizap Group's value of 45.09% is 24% above this industry median. Based on the distribution chart, Rizap Group ranks #365 out of 1113 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Rizap Group has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rizap Group's Gross Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Rizap Group ranks #365 out of 1113 companies for Gross Margin %. This puts Rizap Group in the upper half of its industry. The industry median Gross Margin % is 36.37. Rizap Group's value of 45.09% is 24% above this benchmark. Historically, Rizap Group's own Gross Margin % has ranged from 45.27 to 51.15 over the past decade. While the company's 10-year median is 46.56 vs. the industry median of 36.37, Rizap Group 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.37, based on 1,113 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. Rizap Group's current Gross Margin % of 45.09% is 24% 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 Rizap Group and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rizap Group's current Gross Margin % is 45.09%, which is near median its own 10-year median of 46.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rizap Group stock overvalued right now?
Based on GuruFocus' analysis, Rizap Group (SSE:2928) is currently considered Modestly Undervalued. The stock's GF Value™ is 円222.72, compared to a current price of 円192.00 — trading 13.8% below its estimated fair value. The current Gross Margin % is 45.09%, which is near median its 10-year median of 46.56 and 24% above the Retail - Cyclical industry median of 36.37. Rizap Group'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 Rizap Group (SSE:2928), the current Gross Margin % is 45.09% 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 Rizap Group (SSE:2928) Overvalued in 2026?

Based on GuruFocus' analysis, Rizap Group stock appears to be undervalued. The current stock price of 円192.00 is trading 13.8% below its estimated GF Value™ of 円222.72. GuruFocus considers Rizap Group to be Modestly Undervalued.

Key valuation signals for SSE:2928:

  • Gross Margin %: 45.09% (near median its 10-year median of 46.56)
  • GF Value™: 円222.72 vs. price of 円192.00 (13.8% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 24% above the Retail - Cyclical median (#365 of 1113)

No single metric tells the full story. See the SSE:2928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rizap Group Business Description

Address Kitashinjuku 2-21-1, Shinjuku Front Tower, 31st Floor, Shinjuku-ku, Yubinbango, Tokyo, JPN, 169-0074
Rizap Group is engaged in health and fitness. The Company sells its beauty and health products through mail order. The company manufactures and sales of beauty related products, health foods, Apparel, interior goods. Its other business includes Housing new construction, renovation, Mega solar business, and entertainment business. Its products include mud Awawa, RIZAP Golf, among others.
56GF Score

Get the complete analysis for SSE:2928

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

円192.00
Price
円222.72
GF Value