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Pasona GroupTSE:2168 +0.91%50 Gross Margin % is 23.39% as of Nov. 2025, which is 1% above its 10-year median of 23.23. GuruFocus rates TSE:2168 with a GF Score™ of 50/100 and a GF Value™ of 円2,032.72 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,008 Business Services companies, Pasona Group ranks worse than 71.53% on this metric.
Pasona Group Inc gross margin has been in long-term decline. The average rate of decline per year is -1.4%.
The historical rank and industry rank for Pasona Group's Gross Margin % or its related term are showing as below:
TSE:2168'
s Gross Margin % Range Over the Past 10 Years
Min: 20.02 Med: 23.23 Max: 24.8
Current: 22.53
During the past 13 years, the highestGross Margin % of Pasona Group was 24.80%. The lowest was 20.02%. And the median was 23.23%.
TSE:2168's Gross Margin % is ranked worse than 71.53% of 1008
companies
in the Business Services industry
Industry Median: 34.515
vs TSE:2168: 22.53
Pasona Group had a gross margin of 23.39% for the quarter that ended in Nov. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Pasona Group was -1.40% per year.
Pasona Group (TSE:2168) 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
Pasona Group had a gross margin of 23.39% for the quarter that ended in Nov. 2025 => 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.
Pasona Group Gross Margin % Related Terms
Pasona Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Pasona 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.
TSE:2168 vs KFY, RHI, TNET: Gross Margin % Comparison
For the Staffing & Employment Services subindustry, Pasona 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.
Pasona Group Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Pasona Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Pasona Group'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.
Pasona Group (TSE:2168) has a Gross Margin % of 23.39% as of Nov. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Pasona Group and its competitors. This is near median its historical median of 23.23. Over the past decade, Pasona Group's Gross Margin % has ranged from 20.02 to 24.80. According to the industry distribution chart, Pasona Group ranks #721 out of 1008 companies in the Business Services industry, placing it in the top 71.5%.
Is Pasona Group's Gross Margin % too high?
Pasona Group's current Gross Margin % of 23.39% is near median its 10-year median of 23.23. Over the past 10 years, this metric has ranged from a low of 20.02 to a high of 24.80. The Business Services industry median Gross Margin % is 34.52. Pasona Group's value of 23.39% is 32.2% below this industry median. Based on the distribution chart, Pasona Group ranks #721 out of 1008 companies in the Business Services industry, which is below the industry midpoint. Overall, Pasona Group has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pasona Group's Gross Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, Pasona Group ranks #721 out of 1008 companies for Gross Margin %. This places Pasona Group in the lower half of its industry. The industry median Gross Margin % is 34.52. Pasona Group's value of 23.39% is 32.2% below this benchmark. Historically, Pasona Group's own Gross Margin % has ranged from 20.02 to 24.80 over the past decade. While the company's 10-year median is 23.23 vs. the industry median of 34.52, Pasona Group 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.52, based on 1,008 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. Pasona Group's current Gross Margin % of 23.39% is 32.2% 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 Pasona Group and its competitors. For the Business Services industry, the median Gross Margin % is 34.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pasona Group's current Gross Margin % is 23.39%, which is near median its own 10-year median of 23.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pasona Group stock overvalued right now?
Based on GuruFocus' analysis, Pasona Group (TSE:2168) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,032.72, compared to a current price of 円1,546.00 — trading 23.9% below its estimated fair value. The current Gross Margin % is 23.39%, which is near median its 10-year median of 23.23 and 32.2% below the Business Services industry median of 34.52. Pasona Group's overall GF Score™ is 50/100 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 Pasona Group (TSE:2168), the current Gross Margin % is 23.39% as of Nov. 2025. 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 Pasona Group (TSE:2168) Overvalued in 2026?
Based on GuruFocus' analysis, Pasona Group stock appears to be undervalued.
The current stock price of 円1,546.00 is trading 23.9% below its estimated GF Value™ of 円2,032.72.
GuruFocus considers Pasona Group to be Modestly Undervalued.
Key valuation signals for TSE:2168:
Gross Margin %: 23.39% (near median its 10-year median of 23.23)
GF Value™: 円2,032.72 vs. price of 円1,546.00 (23.9% below fair value)
Industry Position: 32.2% below the Business Services median (#721 of 1008)
No single metric tells the full story. See the TSE:2168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pasona Group Inc provides human resource related support services. Its segments are BPO Solutions, Expert Solutions, Career Solutions, Global Solutions, Life Solutions, and Regional Revitalization and Tourism Solutions.
50GF Score
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