Kibun Foods (TSE:2933) Gross Margin %: 23.77% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2933 Kibun Foods Inc TSE:2933
62 GF Score
Price 円1,075.00
GF Value 円1,146.11
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Kibun Foods Gross Margin %?

Kibun Foods TSE:2933 -0.37% 62 Gross Margin % is 23.77% as of Mar. 2026, which is 3% above its 10-year median of 23.15. GuruFocus rates TSE:2933 with a GF Score™ of 62/100 and a GF Value™ of 円1,146.11 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,907 Consumer Packaged Goods companies, Kibun Foods ranks worse than 59.99% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Kibun Foods's Gross Profit for the six months ended in Mar. 2026 was 円14,778 Mil. Kibun Foods's Revenue for the six months ended in Mar. 2026 was 円62,173 Mil. Therefore, Kibun Foods's Gross Margin % for the quarter that ended in Mar. 2026 was 23.77%.

Warning Sign:

Kibun Foods 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 Kibun Foods's Gross Margin % or its related term are showing as below:

TSE:2933' s Gross Margin % Range Over the Past 10 Years
Min: 20.9   Med: 23.15   Max: 24.46
Current: 21.87


During the past 8 years, the highest Gross Margin % of Kibun Foods was 24.46%. The lowest was 20.90%. And the median was 23.15%.

TSE:2933's Gross Margin % is ranked worse than
59.99% of 1907 companies
in the Consumer Packaged Goods industry
Industry Median: 26.36 vs TSE:2933: 21.87

Kibun Foods had a gross margin of 23.77% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Kibun Foods was -1.40% per year.


Kibun Foods  (TSE:2933) 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

Kibun Foods had a gross margin of 23.77% 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.


Kibun Foods Gross Margin % Related Terms


Kibun Foods Gross Margin % Historical Data

* Premium members only.

The historical data trend for Kibun Foods'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.

Kibun Foods Gross Margin % Chart

Kibun Foods Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 23.22 20.90 22.96 23.07 21.87

Kibun Foods Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.42 21.15 24.58 19.46 23.77

TSE:2933 vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Kibun Foods'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.


Kibun Foods Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kibun Foods's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kibun Foods's Gross Margin % falls into.


TSE:2933
62GF Score
Kibun Foods Inc TSE:2933
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kibun Foods Gross Margin % Calculation

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

Kibun Foods's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=24287.8 / 111037.517
=(Revenue - Cost of Goods Sold) / Revenue
=(111037.517 - 86749.728) / 111037.517
=21.87 %

Kibun Foods's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=14777.8 / 62172.928
=(Revenue - Cost of Goods Sold) / Revenue
=(62172.928 - 47395.112) / 62172.928
=23.77 %

* 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 23.77% mean?
Kibun Foods (TSE:2933) has a Gross Margin % of 23.77% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kibun Foods and its competitors. This is near median its historical median of 23.15. Over the past decade, Kibun Foods' Gross Margin % has ranged from 20.90 to 24.46. According to the industry distribution chart, Kibun Foods ranks #1144 out of 1907 companies in the Consumer Packaged Goods industry, placing it in the top 60%.
Is Kibun Foods' Gross Margin % too high?
Kibun Foods' current Gross Margin % of 23.77% is near median its 10-year median of 23.15. Over the past 10 years, this metric has ranged from a low of 20.90 to a high of 24.46. The Consumer Packaged Goods industry median Gross Margin % is 26.36. Kibun Foods' value of 23.77% is 9.8% below this industry median. Based on the distribution chart, Kibun Foods ranks #1144 out of 1907 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Kibun Foods has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kibun Foods' Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Kibun Foods ranks #1144 out of 1907 companies for Gross Margin %. This places Kibun Foods in the lower half of its industry. The industry median Gross Margin % is 26.36. Kibun Foods' value of 23.77% is 9.8% below this benchmark. Historically, Kibun Foods' own Gross Margin % has ranged from 20.90 to 24.46 over the past decade. While the company's 10-year median is 23.15 vs. the industry median of 26.36, Kibun Foods 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 26.36, based on 1,907 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. Kibun Foods's current Gross Margin % of 23.77% is 9.8% 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 Kibun Foods and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kibun Foods's current Gross Margin % is 23.77%, which is near median its own 10-year median of 23.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kibun Foods stock overvalued right now?
Based on GuruFocus' analysis, Kibun Foods (TSE:2933) is currently considered Fairly Valued. The stock's GF Value™ is 円1,146.11, compared to a current price of 円1,075.00 — trading 6.2% below its estimated fair value. The current Gross Margin % is 23.77%, which is near median its 10-year median of 23.15 and 9.8% below the Consumer Packaged Goods industry median of 26.36. Kibun Foods' overall GF Score™ is 62/100 with 5 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 Kibun Foods (TSE:2933), the current Gross Margin % is 23.77% 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 Kibun Foods (TSE:2933) Overvalued in 2026?

Based on GuruFocus' analysis, Kibun Foods stock appears to be undervalued. The current stock price of 円1,075.00 is trading 6.2% below its estimated GF Value™ of 円1,146.11. GuruFocus considers Kibun Foods to be Fairly Valued.

Key valuation signals for TSE:2933:

  • Gross Margin %: 23.77% (near median its 10-year median of 23.15)
  • GF Value™: 円1,146.11 vs. price of 円1,075.00 (6.2% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 9.8% below the Consumer Packaged Goods median (#1144 of 1907)

No single metric tells the full story. See the TSE:2933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kibun Foods Business Description

Address 5-15-1, Ginza, Chuo-ku, Tokyo, JPN, 104-8101
Kibun Foods Inc is engaged in the manufacture and sale of comprehensive processed foods, mainly fish paste products.
62GF Score

Get the complete analysis for TSE:2933

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

円1,075.00
Price
円1,146.11
GF Value