Can Do Co (TSE:2698) Gross Margin %: 37.60% (As of Feb. 2026) — Near Median

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TSE:2698 Can Do Co Ltd TSE:2698
58 GF Score
Price 円3,525.00
GF Value 円3,534.08
Valuation Fairly Valued
! 1 Warning Sign
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What is Can Do Co Gross Margin %?

Can Do Co TSE:2698 -0.56% 58 Gross Margin % is 37.60% as of Feb. 2026, which is 1% below its 10-year median of 38.13. GuruFocus rates TSE:2698 with a GF Score™ of 58/100 and a GF Value™ of 円3,534.08 (Fairly Valued). The stock has 1 warning sign investors should review. Among 306 Retail - Defensive companies, Can Do Co ranks better than 83.33% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Can Do Co's Gross Profit for the three months ended in Feb. 2026 was 円8,323 Mil. Can Do Co's Revenue for the three months ended in Feb. 2026 was 円22,133 Mil. Therefore, Can Do Co's Gross Margin % for the quarter that ended in Feb. 2026 was 37.60%.


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

TSE:2698' s Gross Margin % Range Over the Past 10 Years
Min: 36.86   Med: 38.13   Max: 38.64
Current: 38.4


During the past 13 years, the highest Gross Margin % of Can Do Co was 38.64%. The lowest was 36.86%. And the median was 38.13%.

TSE:2698's Gross Margin % is ranked better than
83.33% of 306 companies
in the Retail - Defensive industry
Industry Median: 24.055 vs TSE:2698: 38.40

Can Do Co had a gross margin of 37.60% for the quarter that ended in Feb. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Can Do Co was -0.60% per year.


Can Do Co  (TSE:2698) 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

Can Do Co had a gross margin of 37.60% for the quarter that ended in Feb. 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.


Can Do Co Gross Margin % Related Terms


Can Do Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Can Do 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.

Can Do Co Gross Margin % Chart

Can Do Co Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Feb24 Feb25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.34 38.27 37.74 36.86 37.99

Can Do Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 38.59 38.91 38.82 37.60 38.30

TSE:2698 vs WMT, COST, TGT: Gross Margin % Comparison

For the Discount Stores subindustry, Can Do 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.


Can Do Co Gross Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Can Do Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Can Do Co's Gross Margin % falls into.


TSE:2698
58GF Score
Can Do Co Ltd TSE:2698
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Can Do Co Gross Margin % Calculation

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

Can Do Co's Gross Margin for the fiscal year that ended in Feb. 2025 is calculated as

Gross Margin % (A: Feb. 2025 )=Gross Profit (A: Feb. 2025 ) / Revenue (A: Feb. 2025 )
=31679 / 83380
=(Revenue - Cost of Goods Sold) / Revenue
=(83380 - 51701) / 83380
=37.99 %

Can Do Co's Gross Margin for the quarter that ended in Feb. 2026 is calculated as


Gross Margin % (Q: Feb. 2026 )=Gross Profit (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=8323 / 22133
=(Revenue - Cost of Goods Sold) / Revenue
=(22133 - 13810) / 22133
=37.60 %

* 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 37.60% mean?
Can Do Co (TSE:2698) has a Gross Margin % of 37.60% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Can Do Co and its competitors. This is near median its historical median of 38.13. Over the past decade, Can Do Co's Gross Margin % has ranged from 36.86 to 38.64. According to the industry distribution chart, Can Do Co ranks #51 out of 306 companies in the Retail - Defensive industry, placing it in the top 16.7%.
Is Can Do Co's Gross Margin % too high?
Can Do Co's current Gross Margin % of 37.60% is near median its 10-year median of 38.13. Over the past 10 years, this metric has ranged from a low of 36.86 to a high of 38.64. The Retail - Defensive industry median Gross Margin % is 24.06. Can Do Co's value of 37.60% is 56.3% above this industry median. Based on the distribution chart, Can Do Co ranks #51 out of 306 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Can Do Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Can Do Co's Gross Margin % compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Can Do Co ranks #51 out of 306 companies for Gross Margin %. This places Can Do Co in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.06. Can Do Co's value of 37.60% is 56.3% above this benchmark. Historically, Can Do Co's own Gross Margin % has ranged from 36.86 to 38.64 over the past decade. While the company's 10-year median is 38.13 vs. the industry median of 24.06, Can Do 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 Retail - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.06, based on 306 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. Can Do Co's current Gross Margin % of 37.60% is 56.3% 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 Can Do Co and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Can Do Co's current Gross Margin % is 37.60%, which is near median its own 10-year median of 38.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Can Do Co stock overvalued right now?
Based on GuruFocus' analysis, Can Do Co (TSE:2698) is currently considered Fairly Valued. The stock's GF Value™ is 円3,534.08, compared to a current price of 円3,525.00 — trading 0.3% below its estimated fair value. The current Gross Margin % is 37.60%, which is near median its 10-year median of 38.13 and 56.3% above the Retail - Defensive industry median of 24.06. Can Do Co's overall GF Score™ is 58/100 with 1 warning sign 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 Can Do Co (TSE:2698), the current Gross Margin % is 37.60% 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 Can Do Co (TSE:2698) Overvalued in 2026?

Based on GuruFocus' analysis, Can Do Co stock appears to be undervalued. The current stock price of 円3,525.00 is trading 0.3% below its estimated GF Value™ of 円3,534.08. GuruFocus considers Can Do Co to be Fairly Valued.

Key valuation signals for TSE:2698:

  • Gross Margin %: 37.60% (near median its 10-year median of 38.13)
  • GF Value™: 円3,534.08 vs. price of 円3,525.00 (0.3% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 56.3% above the Retail - Defensive median (#51 of 306)

No single metric tells the full story. See the TSE:2698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Can Do Co Business Description

Address 2-21-1 Kitashinjuku, Shinjuku-ku, Tokyo, JPN, 169-0074
Can Do Co Ltd main business is to develop a chain of retail stores for daily miscellaneous goods and processed food. The company generates the majority of its revenue from Japan. The company is a single business whose main purpose is to develop a chain of retail stores for daily miscellaneous goods and processed foods. Product wise the company generates the majority of its revenue from the sale of daily goods followed by sales of processed foods.
58GF Score

Get the complete analysis for TSE:2698

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

円3,525.00
Price
円3,534.08
GF Value