Honeys Holdings Co (TSE:2792) Gross Margin %: 58.06% (As of Nov. 2025) — Near Median


TSE:2792 Honeys Holdings Co Ltd TSE:2792
64 GF Score
Price 円1,416.00
GF Value 円1,807.90
Valuation Modestly Undervalued
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What is Honeys Holdings Co Gross Margin %?

Honeys Holdings Co TSE:2792 -0.21% 64 Gross Margin % is 58.06% as of Nov. 2025, which is 1% below its 10-year median of 58.73. GuruFocus rates TSE:2792 with a GF Score™ of 64/100 and a GF Value™ of 円1,807.90 (Modestly Undervalued). Among 1,110 Retail - Cyclical companies, Honeys Holdings Co ranks better than 85.05% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Honeys Holdings Co's Gross Profit for the three months ended in Nov. 2025 was 円8,712 Mil. Honeys Holdings Co's Revenue for the three months ended in Nov. 2025 was 円15,006 Mil. Therefore, Honeys Holdings Co's Gross Margin % for the quarter that ended in Nov. 2025 was 58.06%.


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

TSE:2792' s Gross Margin % Range Over the Past 10 Years
Min: 57.11   Med: 58.73   Max: 60.91
Current: 59.03


During the past 13 years, the highest Gross Margin % of Honeys Holdings Co was 60.91%. The lowest was 57.11%. And the median was 58.73%.

TSE:2792's Gross Margin % is ranked better than
85.05% of 1110 companies
in the Retail - Cyclical industry
Industry Median: 36.33 vs TSE:2792: 59.03

Honeys Holdings Co had a gross margin of 58.06% for the quarter that ended in Nov. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Honeys Holdings Co was 0.40% per year.


Honeys Holdings Co  (TSE:2792) 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

Honeys Holdings Co had a gross margin of 58.06% for the quarter that ended in Nov. 2025 => 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.


Honeys Holdings Co Gross Margin % Related Terms


Honeys Holdings Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Honeys Holdings 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.

Honeys Holdings Co Gross Margin % Chart

Honeys Holdings Co Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.14 60.26 60.91 60.26 59.19

Honeys Holdings Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 56.56 61.76 59.60 58.06 55.71

TSE:2792 vs TJX, ROST, BURL: Gross Margin % Comparison

For the Apparel Retail subindustry, Honeys Holdings 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.


Honeys Holdings Co Gross Margin % vs Retail - Cyclical Industry

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

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


TSE:2792
64GF Score
Honeys Holdings Co Ltd TSE:2792
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Honeys Holdings Co Gross Margin % Calculation

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

Honeys Holdings Co's Gross Margin for the fiscal year that ended in May. 2025 is calculated as

Gross Margin % (A: May. 2025 )=Gross Profit (A: May. 2025 ) / Revenue (A: May. 2025 )
=34150.7 / 57701.337
=(Revenue - Cost of Goods Sold) / Revenue
=(57701.337 - 23550.677) / 57701.337
=59.19 %

Honeys Holdings Co's Gross Margin for the quarter that ended in Nov. 2025 is calculated as


Gross Margin % (Q: Nov. 2025 )=Gross Profit (Q: Nov. 2025 ) / Revenue (Q: Nov. 2025 )
=8712.2 / 15006.269
=(Revenue - Cost of Goods Sold) / Revenue
=(15006.269 - 6294.097) / 15006.269
=58.06 %

* 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 58.06% mean?
Honeys Holdings Co (TSE:2792) has a Gross Margin % of 58.06% as of Nov. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Honeys Holdings Co and its competitors. This is near median its historical median of 58.73. Over the past decade, Honeys Holdings Co's Gross Margin % has ranged from 57.11 to 60.91. According to the industry distribution chart, Honeys Holdings Co ranks #166 out of 1110 companies in the Retail - Cyclical industry, placing it in the top 15%.
Is Honeys Holdings Co's Gross Margin % too high?
Honeys Holdings Co's current Gross Margin % of 58.06% is near median its 10-year median of 58.73. Over the past 10 years, this metric has ranged from a low of 57.11 to a high of 60.91. The Retail - Cyclical industry median Gross Margin % is 36.33. Honeys Holdings Co's value of 58.06% is 59.8% above this industry median. Based on the distribution chart, Honeys Holdings Co ranks #166 out of 1110 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Honeys Holdings Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honeys Holdings Co's Gross Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Honeys Holdings Co ranks #166 out of 1110 companies for Gross Margin %. This places Honeys Holdings Co in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.33. Honeys Holdings Co's value of 58.06% is 59.8% above this benchmark. Historically, Honeys Holdings Co's own Gross Margin % has ranged from 57.11 to 60.91 over the past decade. While the company's 10-year median is 58.73 vs. the industry median of 36.33, Honeys Holdings 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 - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.33, based on 1,110 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. Honeys Holdings Co's current Gross Margin % of 58.06% is 59.8% 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 Honeys Holdings Co and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeys Holdings Co's current Gross Margin % is 58.06%, which is near median its own 10-year median of 58.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeys Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Honeys Holdings Co (TSE:2792) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,807.90, compared to a current price of 円1,416.00 — trading 21.7% below its estimated fair value. The current Gross Margin % is 58.06%, which is near median its 10-year median of 58.73 and 59.8% above the Retail - Cyclical industry median of 36.33. Honeys Holdings Co's overall GF Score™ is 64/100. 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 Honeys Holdings Co (TSE:2792), the current Gross Margin % is 58.06% 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 Honeys Holdings Co (TSE:2792) Overvalued in 2026?

Based on GuruFocus' analysis, Honeys Holdings Co stock appears to be undervalued. The current stock price of 円1,416.00 is trading 21.7% below its estimated GF Value™ of 円1,807.90. GuruFocus considers Honeys Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:2792:

  • Gross Margin %: 58.06% (near median its 10-year median of 58.73)
  • GF Value™: 円1,807.90 vs. price of 円1,416.00 (21.7% below fair value)
  • GF Score™: 64/100
  • Industry Position: 59.8% above the Retail - Cyclical median (#166 of 1110)

No single metric tells the full story. See the TSE:2792 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honeys Holdings Co Business Description

Address Kuranaka Character 1 of 7 Natsumoto 27, Kashima cho, Fukushima Prefecture, Iwaki City, JPN, 971-8141
Honeys Holdings Co Ltd is a Japan-based company, engages in the planning, manufacturing, and selling of women's clothing and fashion accessories The company offers its products under the brands named CINEMA CLUB, GLACIER, COLZA and Comfort Basic through specialty retail stores located in suburban shopping malls and station buildings, as well as online shopping site.
64GF Score

Get the complete analysis for TSE:2792

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

円1,416.00
Price
円1,807.90
GF Value