Gunze (TSE:3002) Gross Margin %: 24.33% (As of Mar. 2026) — 20% Below Median


TSE:3002 Gunze Ltd TSE:3002
60 GF Score
Price 円3,855.00
GF Value 円2,788.39
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Gunze Gross Margin %?

Gunze TSE:3002 -0.26% 60 Gross Margin % is 24.33% as of Mar. 2026, which is 20% below its 10-year median of 30.36. GuruFocus rates TSE:3002 with a GF Score™ of 60/100 and a GF Value™ of 円2,788.39 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, Gunze ranks better than 53.61% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Gunze's Gross Profit for the three months ended in Mar. 2026 was 円7,561 Mil. Gunze's Revenue for the three months ended in Mar. 2026 was 円31,075 Mil. Therefore, Gunze's Gross Margin % for the quarter that ended in Mar. 2026 was 24.33%.


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

TSE:3002' s Gross Margin % Range Over the Past 10 Years
Min: 27.46   Med: 30.36   Max: 31.49
Current: 30.46


During the past 13 years, the highest Gross Margin % of Gunze was 31.49%. The lowest was 27.46%. And the median was 30.36%.

TSE:3002's Gross Margin % is ranked better than
53.61% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.415 vs TSE:3002: 30.46

Gunze had a gross margin of 24.33% for the quarter that ended in Mar. 2026 => Competition eroding margins

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


Gunze  (TSE:3002) 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

Gunze had a gross margin of 24.33% 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.


Gunze Gross Margin % Related Terms


Gunze Gross Margin % Historical Data

* Premium members only.

The historical data trend for Gunze'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.

Gunze Gross Margin % Chart

Gunze Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.26 29.76 31.40 31.49 30.46

Gunze Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 30.96 32.90 31.07 33.10 24.33

TSE:3002 vs RL, LEVI, VFC: Gross Margin % Comparison

For the Apparel Manufacturing subindustry, Gunze'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.


Gunze Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gunze's Gross Margin % distribution charts can be found below:

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


TSE:3002
60GF Score
Gunze Ltd TSE:3002
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gunze Gross Margin % Calculation

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

Gunze'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 )
=39875 / 130918
=(Revenue - Cost of Goods Sold) / Revenue
=(130918 - 91043) / 130918
=30.46 %

Gunze'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 )
=7561 / 31075
=(Revenue - Cost of Goods Sold) / Revenue
=(31075 - 23514) / 31075
=24.33 %

* 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 24.33% mean?
Gunze (TSE:3002) has a Gross Margin % of 24.33% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Gunze and its competitors. This is 20% below median its historical median of 30.36. Over the past decade, Gunze's Gross Margin % has ranged from 27.46 to 31.49. According to the industry distribution chart, Gunze ranks #475 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 46.4%.
Is Gunze's Gross Margin % too high?
Gunze's current Gross Margin % of 24.33% is 20% below median its 10-year median of 30.36. Over the past 10 years, this metric has ranged from a low of 27.46 to a high of 31.49. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.42. Gunze's value of 24.33% is 14.4% below this industry median. Based on the distribution chart, Gunze ranks #475 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Gunze has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gunze's Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gunze ranks #475 out of 1024 companies for Gross Margin %. This puts Gunze in the upper half of its industry. The industry median Gross Margin % is 28.42. Gunze's value of 24.33% is 14.4% below this benchmark. Historically, Gunze's own Gross Margin % has ranged from 27.46 to 31.49 over the past decade. While the company's 10-year median is 30.36 vs. the industry median of 28.42, Gunze 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.42, based on 1,024 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. Gunze's current Gross Margin % of 24.33% is 14.4% 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 Gunze and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gunze's current Gross Margin % is 24.33%, which is 20% below median its own 10-year median of 30.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gunze stock overvalued right now?
Based on GuruFocus' analysis, Gunze (TSE:3002) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,788.39, compared to a current price of 円3,855.00 — trading 38.3% above its estimated fair value. The current Gross Margin % is 24.33%, which is 20% below median its 10-year median of 30.36 and 14.4% below the Manufacturing - Apparel & Accessories industry median of 28.42. Gunze's overall GF Score™ is 60/100 with 4 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 Gunze (TSE:3002), the current Gross Margin % is 24.33% 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 Gunze (TSE:3002) Overvalued in 2026?

Based on GuruFocus' analysis, Gunze stock appears to be overvalued. The current stock price of 円3,855.00 is trading 38.3% above its estimated GF Value™ of 円2,788.39. GuruFocus considers Gunze to be Significantly Overvalued.

Key valuation signals for TSE:3002:

  • Gross Margin %: 24.33% (20% below median its 10-year median of 30.36)
  • GF Value™: 円2,788.39 vs. price of 円3,855.00 (38.3% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 14.4% below the Manufacturing - Apparel & Accessories median (#475 of 1024)

No single metric tells the full story. See the TSE:3002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gunze Business Description

Other Exchanges GUN:Germany
Address 2-5-25, Umeda, Kita-ku, Herbis Osaka Office Tower, Osaka, JPN, 530-0001
Gunze Ltd has three business lines: Apparel, Functional Solutions, and Lifestyle Creation. Apparel, which is the company's largest business by revenue, manufactures innerwear, legwear, house casual wear, and threads and accessories with brands including Kaiteki Kobo, Body Wild, Tuche, The Gunze, and Sabrina. Functional Solutions produces plastic films, engineering plastics, electronic components, mechatronics, and medical materials for the beverage, electronics, and medical industries. Lifestyle Creations, the smallest business, engages in a variety of service businesses including landscaping, fitness clubs and spas, property development, and energy engineering. Roughly three fourths of the company's sales come from Japan.
60GF Score

Get the complete analysis for TSE:3002

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

円3,855.00
Price
円2,788.39
GF Value