Rasa (TSE:3023) Gross Margin %: 28.37% (As of Mar. 2026) — 31% Above Median


TSE:3023 Rasa Corp TSE:3023
67 GF Score
Price 円1,810.00
GF Value 円1,681.03
Valuation Fairly Valued
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What is Rasa Gross Margin %?

Rasa TSE:3023 +0.50% 67 Gross Margin % is 28.37% as of Mar. 2026, which is 31% above its 10-year median of 21.71. GuruFocus rates TSE:3023 with a GF Score™ of 67/100 and a GF Value™ of 円1,681.03 (Fairly Valued). Among 727 Metals & Mining companies, Rasa ranks better than 50.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Rasa's Gross Profit for the six months ended in Mar. 2026 was 円4,413 Mil. Rasa's Revenue for the six months ended in Mar. 2026 was 円15,554 Mil. Therefore, Rasa's Gross Margin % for the quarter that ended in Mar. 2026 was 28.37%.


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

TSE:3023' s Gross Margin % Range Over the Past 10 Years
Min: 17.85   Med: 21.71   Max: 26.92
Current: 26.92


During the past 13 years, the highest Gross Margin % of Rasa was 26.92%. The lowest was 17.85%. And the median was 21.71%.

TSE:3023's Gross Margin % is ranked better than
50.76% of 727 companies
in the Metals & Mining industry
Industry Median: 26.2 vs TSE:3023: 26.92

Rasa had a gross margin of 28.37% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Rasa was 4.40% per year.


Rasa  (TSE:3023) 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

Rasa had a gross margin of 28.37% 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.


Rasa Gross Margin % Related Terms


Rasa Gross Margin % Historical Data

* Premium members only.

The historical data trend for Rasa'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.

Rasa Gross Margin % Chart

Rasa 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 20.81 23.62 23.71 25.79 26.92

Rasa Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.22 23.80 27.40 25.14 28.37

Rasa Gross Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Rasa'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.


Rasa Gross Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rasa's Gross Margin % distribution charts can be found below:

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


TSE:3023
67GF Score
Rasa Corp TSE:3023
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Rasa Gross Margin % Calculation

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

Rasa'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 )
=7592 / 28201
=(Revenue - Cost of Goods Sold) / Revenue
=(28201 - 20609) / 28201
=26.92 %

Rasa'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 )
=4413 / 15554
=(Revenue - Cost of Goods Sold) / Revenue
=(15554 - 11141) / 15554
=28.37 %

* 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 28.37% mean?
Rasa (TSE:3023) has a Gross Margin % of 28.37% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Rasa and its competitors. This is 31% above median its historical median of 21.71. Over the past decade, Rasa's Gross Margin % has ranged from 17.85 to 26.92. According to the industry distribution chart, Rasa ranks #358 out of 727 companies in the Metals & Mining industry, placing it in the top 49.2%.
Is Rasa's Gross Margin % too high?
Rasa's current Gross Margin % of 28.37% is 31% above median its 10-year median of 21.71. Over the past 10 years, this metric has ranged from a low of 17.85 to a high of 26.92. The Metals & Mining industry median Gross Margin % is 26.20. Rasa's value of 28.37% is 8.3% above this industry median. Based on the distribution chart, Rasa ranks #358 out of 727 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Rasa has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rasa's Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Rasa ranks #358 out of 727 companies for Gross Margin %. This puts Rasa in the upper half of its industry. The industry median Gross Margin % is 26.20. Rasa's value of 28.37% is 8.3% above this benchmark. Historically, Rasa's own Gross Margin % has ranged from 17.85 to 26.92 over the past decade. While the company's 10-year median is 21.71 vs. the industry median of 26.20, Rasa 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 Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.20, based on 727 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. Rasa's current Gross Margin % of 28.37% is 8.3% 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 Rasa and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rasa's current Gross Margin % is 28.37%, which is 31% above median its own 10-year median of 21.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rasa stock overvalued right now?
Based on GuruFocus' analysis, Rasa (TSE:3023) is currently considered Fairly Valued. The stock's GF Value™ is 円1,681.03, compared to a current price of 円1,810.00 — trading 7.7% above its estimated fair value. The current Gross Margin % is 28.37%, which is 31% above median its 10-year median of 21.71 and 8.3% above the Metals & Mining industry median of 26.20. Rasa's overall GF Score™ is 67/100. 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 Rasa (TSE:3023), the current Gross Margin % is 28.37% 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 Rasa (TSE:3023) Overvalued in 2026?

Based on GuruFocus' analysis, Rasa stock appears to be overvalued. The current stock price of 円1,810.00 is trading 7.7% above its estimated GF Value™ of 円1,681.03. GuruFocus considers Rasa to be Fairly Valued.

Key valuation signals for TSE:3023:

  • Gross Margin %: 28.37% (31% above median its 10-year median of 21.71)
  • GF Value™: 円1,681.03 vs. price of 円1,810.00 (7.7% above fair value)
  • GF Score™: 67/100
  • Industry Position: 8.3% above the Metals & Mining median (#358 of 727)

No single metric tells the full story. See the TSE:3023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rasa Business Description

Address RASA Nihonbashi Bldg, 11-5, Nihonbashi-Kakigara-cho 1-chome, Chuo-ku, Tokyo, JPN, 103-0014
Rasa Corp is engaged in the business of resource mining which includes zircon sand, industrial machinery construction, environmental equipment manufacturing, plant and equipment construction, chemical business, and real estate leasing.
67GF Score

Get the complete analysis for TSE:3023

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

円1,810.00
Price
円1,681.03
GF Value