Saibo Co (TSE:3123) Gross Margin %: 19.85% (As of Mar. 2026) — 16% Below Median


TSE:3123 Saibo Co Ltd TSE:3123
66 GF Score
Price 円645.00
GF Value 円503.48
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Saibo Co Gross Margin %?

Saibo Co TSE:3123 66 Gross Margin % is 19.85% as of Mar. 2026, which is 16% below its 10-year median of 23.65. GuruFocus rates TSE:3123 with a GF Score™ of 66/100 and a GF Value™ of 円503.48 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,021 Manufacturing - Apparel & Accessories companies, Saibo Co ranks worse than 56.61% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Saibo Co's Gross Profit for the three months ended in Mar. 2026 was 円501 Mil. Saibo Co's Revenue for the three months ended in Mar. 2026 was 円2,526 Mil. Therefore, Saibo Co's Gross Margin % for the quarter that ended in Mar. 2026 was 19.85%.


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

TSE:3123' s Gross Margin % Range Over the Past 10 Years
Min: 16.63   Med: 23.65   Max: 29.17
Current: 23.78


During the past 13 years, the highest Gross Margin % of Saibo Co was 29.17%. The lowest was 16.63%. And the median was 23.65%.

TSE:3123's Gross Margin % is ranked worse than
56.61% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.53 vs TSE:3123: 23.78

Saibo Co had a gross margin of 19.85% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Saibo Co was -1.00% per year.


Saibo Co  (TSE:3123) 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

Saibo Co had a gross margin of 19.85% for the quarter that ended in Mar. 2026 => No sustainable 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.


Saibo Co Gross Margin % Related Terms


Saibo Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Saibo 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.

Saibo Co Gross Margin % Chart

Saibo Co 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 20.80 23.52 23.15 26.24 23.78

Saibo Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 25.39 24.80 24.90 19.85

Saibo Co Gross Margin % Competitor Comparison

For the Textile Manufacturing subindustry, Saibo 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.


Saibo Co Gross Margin % vs Manufacturing - Apparel & Accessories Industry

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

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


TSE:3123
66GF Score
Saibo Co Ltd TSE:3123
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saibo Co Gross Margin % Calculation

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

Saibo Co'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 )
=2460.8 / 10349.902
=(Revenue - Cost of Goods Sold) / Revenue
=(10349.902 - 7889.119) / 10349.902
=23.78 %

Saibo Co'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 )
=501.3 / 2525.502
=(Revenue - Cost of Goods Sold) / Revenue
=(2525.502 - 2024.21) / 2525.502
=19.85 %

* 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 19.85% mean?
Saibo Co (TSE:3123) has a Gross Margin % of 19.85% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Saibo Co and its competitors. This is 16% below median its historical median of 23.65. Over the past decade, Saibo Co's Gross Margin % has ranged from 16.63 to 29.17. According to the industry distribution chart, Saibo Co ranks #578 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 56.6%.
Is Saibo Co's Gross Margin % too high?
Saibo Co's current Gross Margin % of 19.85% is 16% below median its 10-year median of 23.65. Over the past 10 years, this metric has ranged from a low of 16.63 to a high of 29.17. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.53. Saibo Co's value of 19.85% is 30.4% below this industry median. Based on the distribution chart, Saibo Co ranks #578 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Saibo Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saibo Co's Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Saibo Co ranks #578 out of 1021 companies for Gross Margin %. This places Saibo Co in the lower half of its industry. The industry median Gross Margin % is 28.53. Saibo Co's value of 19.85% is 30.4% below this benchmark. Historically, Saibo Co's own Gross Margin % has ranged from 16.63 to 29.17 over the past decade. While the company's 10-year median is 23.65 vs. the industry median of 28.53, Saibo Co 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 28.53, based on 1,021 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. Saibo Co's current Gross Margin % of 19.85% is 30.4% 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 Saibo Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saibo Co's current Gross Margin % is 19.85%, which is 16% below median its own 10-year median of 23.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saibo Co stock overvalued right now?
Based on GuruFocus' analysis, Saibo Co (TSE:3123) is currently considered Modestly Overvalued. The stock's GF Value™ is 円503.48, compared to a current price of 円645.00 — trading 28.1% above its estimated fair value. The current Gross Margin % is 19.85%, which is 16% below median its 10-year median of 23.65 and 30.4% below the Manufacturing - Apparel & Accessories industry median of 28.53. Saibo Co's overall GF Score™ is 66/100 with 6 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 Saibo Co (TSE:3123), the current Gross Margin % is 19.85% 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 Saibo Co (TSE:3123) Overvalued in 2026?

Based on GuruFocus' analysis, Saibo Co stock appears to be overvalued. The current stock price of 円645.00 is trading 28.1% above its estimated GF Value™ of 円503.48. GuruFocus considers Saibo Co to be Modestly Overvalued.

Key valuation signals for TSE:3123:

  • Gross Margin %: 19.85% (16% below median its 10-year median of 23.65)
  • GF Value™: 円503.48 vs. price of 円645.00 (28.1% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 30.4% below the Manufacturing - Apparel & Accessories median (#578 of 1021)

No single metric tells the full story. See the TSE:3123 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saibo Co Business Description

Address 1-1-70 Maekawa, Kawaguchi City, Saitama, JPN, 333-0842
Saibo Co Ltd is a Japan-based company engages in the manufacture and sale of textile products. It is also engaged in the leasing of real estate business.
66GF Score

Get the complete analysis for TSE:3123

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

円645.00
Price
円503.48
GF Value