Morinaga Milk Industry CoTSE:2264 +0.87%66 Gross Margin % is 24.12% as of Mar. 2026, which is 15% below its 10-year median of 28.41. GuruFocus rates TSE:2264 with a GF Score™ of 66/100 and a GF Value™ of 円885.60 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,899 Consumer Packaged Goods companies, Morinaga Milk Industry Co ranks worse than 53.19% on this metric.
TSE:2264's Gross Margin % is ranked worse than 53.19% of 1899
companies
in the Consumer Packaged Goods industry
Industry Median: 26.37
vs TSE:2264: 25.07
Morinaga Milk Industry Co had a gross margin of 24.12% for the quarter that ended in Mar. 2026 => Competition eroding margins
Morinaga Milk Industry Co (TSE:2264) 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
Morinaga Milk Industry Co had a gross margin of 24.12% for the quarter that ended in Mar. 2026 => 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.
Morinaga Milk Industry Co Gross Margin % Related Terms
Morinaga Milk Industry Co Gross Margin % Historical Data
* 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 Packaged Foods subindustry, Morinaga Milk Industry 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.
Morinaga Milk Industry Co Gross Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Morinaga Milk Industry Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Morinaga Milk Industry 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.
Morinaga Milk Industry Co (TSE:2264) has a Gross Margin % of 24.12% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Morinaga Milk Industry Co and its competitors. This is 15% below median its historical median of 28.41. Over the past decade, Morinaga Milk Industry Co's Gross Margin % has ranged from 22.51 to 32.62. According to the industry distribution chart, Morinaga Milk Industry Co ranks #1010 out of 1899 companies in the Consumer Packaged Goods industry, placing it in the top 53.2%.
Is Morinaga Milk Industry Co's Gross Margin % too high?
Morinaga Milk Industry Co's current Gross Margin % of 24.12% is 15% below median its 10-year median of 28.41. Over the past 10 years, this metric has ranged from a low of 22.51 to a high of 32.62. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Morinaga Milk Industry Co's value of 24.12% is 8.5% below this industry median. Based on the distribution chart, Morinaga Milk Industry Co ranks #1010 out of 1899 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Morinaga Milk Industry Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morinaga Milk Industry Co's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Morinaga Milk Industry Co ranks #1010 out of 1899 companies for Gross Margin %. This places Morinaga Milk Industry Co in the lower half of its industry. The industry median Gross Margin % is 26.37. Morinaga Milk Industry Co's value of 24.12% is 8.5% below this benchmark. Historically, Morinaga Milk Industry Co's own Gross Margin % has ranged from 22.51 to 32.62 over the past decade. While the company's 10-year median is 28.41 vs. the industry median of 26.37, Morinaga Milk Industry 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,899 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. Morinaga Milk Industry Co's current Gross Margin % of 24.12% is 8.5% 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 Morinaga Milk Industry Co and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morinaga Milk Industry Co's current Gross Margin % is 24.12%, which is 15% below median its own 10-year median of 28.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morinaga Milk Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Morinaga Milk Industry Co (TSE:2264) is currently considered Significantly Overvalued. The stock's GF Value™ is 円885.60, compared to a current price of 円1,278.50 — trading 44.4% above its estimated fair value. The current Gross Margin % is 24.12%, which is 15% below median its 10-year median of 28.41 and 8.5% below the Consumer Packaged Goods industry median of 26.37. Morinaga Milk Industry Co's overall GF Score™ is 66/100 with 6 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 Morinaga Milk Industry Co (TSE:2264), the current Gross Margin % is 24.12% 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 Morinaga Milk Industry Co (TSE:2264) Overvalued in 2026?
Based on GuruFocus' analysis, Morinaga Milk Industry Co stock appears to be overvalued.
The current stock price of 円1,278.50 is trading 44.4% above its estimated GF Value™ of 円885.60.
GuruFocus considers Morinaga Milk Industry Co to be Significantly Overvalued.
Key valuation signals for TSE:2264:
Gross Margin %: 24.12% (15% below median its 10-year median of 28.41)
GF Value™: 円885.60 vs. price of 円1,278.50 (44.4% above fair value)
Industry Position: 8.5% below the Consumer Packaged Goods median (#1010 of 1899)
No single metric tells the full story. See the TSE:2264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morinaga Milk Industry Co Ltd is a Japanese company engaged in the production and distribution of dairy products. It produces a variety of milk and milk-based products such as dairy-based beverages, yogurt, desserts, condensed milk, powdered milk, butter, cheese, ice cream, clinical liquid diets. It also manufactures and sells animal feed, and constructs plant equipment. The company through its subsidiaries markets its products internationally.
66GF Score
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