Gross Margin % is calculated as gross profit divided by its revenue. Dawn's Gross Profit for the
three
months ended in Nov. 2025 was 円0.0 Mil. Dawn's Revenue for the
three
months ended in Nov. 2025 was 円0.0 Mil. Therefore, Dawn's Gross Margin % for the quarter that ended in Nov. 2025 was 0.00%.
If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.
The historical rank and industry rank for Dawn's Gross Margin % or its related term are showing as below:
TSE:2303'
s Gross Margin % Range Over the Past 10 Years
Min: 48.58 Med: 63.77 Max: 75.66
Current: 75.66
During the past 13 years, the highestGross Margin % of Dawn was 75.66%. The lowest was 48.58%. And the median was 63.77%.
TSE:2303's Gross Margin % is ranked better than 85.04% of 2681
companies
in the Software industry
Industry Median: 40.41
vs TSE:2303: 75.66
Dawn had a gross margin of N/A% for the quarter that ended in Nov. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Dawn was 0.80% per year.
Dawn (TSE:2303) 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
Dawn had a gross margin of N/A% for the quarter that ended in Nov. 2025 => 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.
Dawn Gross Margin % Related Terms
Dawn Gross Margin % Historical Data
* Premium members only.
The historical data trend for Dawn'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:2303 vs UBER, SHOP, CRM: Gross Margin % Comparison
For the Software - Application subindustry, Dawn'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.
Dawn Gross Margin % vs Software Industry
For the Software industry and Technology sector, Dawn's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Dawn'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.
Dawn (TSE:2303) has a Gross Margin % of 0.00% as of Nov. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Dawn and its competitors. Over the past decade, Dawn's Gross Margin % has ranged from 48.58 to 75.66. According to the industry distribution chart, Dawn ranks #401 out of 2681 companies in the Software industry, placing it in the top 15%.
Is Dawn's Gross Margin % too high?
Dawn's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 48.58 to a high of 75.66. Based on the distribution chart, Dawn ranks #401 out of 2681 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Dawn has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dawn's Gross Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, Dawn ranks #401 out of 2681 companies for Gross Margin %. This places Dawn in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.41. Historically, Dawn's own Gross Margin % has ranged from 48.58 to 75.66 over the past decade. 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 Software company?
The median Gross Margin % among Software companies is 40.41, based on 2,681 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. 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 Dawn and its competitors. For the Software industry, the median Gross Margin % is 40.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dawn's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dawn stock overvalued right now?
Based on GuruFocus' analysis, Dawn (TSE:2303) is currently considered Fairly Valued. The stock's GF Value™ is 円1,398.30, compared to a current price of 円1,300.00 — trading 7% below its estimated fair value. The current Gross Margin % is 0.00%. Dawn's overall GF Score™ is 76/100 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 Dawn (TSE:2303), the current Gross Margin % is 0.00% 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 Dawn (TSE:2303) Overvalued in 2026?
Based on GuruFocus' analysis, Dawn stock appears to be undervalued.
The current stock price of 円1,300.00 is trading 7% below its estimated GF Value™ of 円1,398.30.
GuruFocus considers Dawn to be Fairly Valued.
Key valuation signals for TSE:2303:
Gross Margin %: 0.00%
GF Value™: 円1,398.30 vs. price of 円1,300.00 (7% below fair value)
No single metric tells the full story. See the TSE:2303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dawn Corp is engaged in service building services such as FAQ Q and A location information service ASP, GPS map, GIS application development consulting contract research and development and sales of core GIS engine. It is a research and development company specialized in geographic information systems. Its system is used in the security and security of disaster prevention areas such as local governments, the crime prevention area for disaster prevention and the social infrastructure area of private enterprises.
76GF Score
Get the complete analysis for TSE:2303
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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