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MiratapTSE:3187 -0.28%64 Gross Margin % is 37.58% as of Mar. 2026, which is 6% above its 10-year median of 35.62. GuruFocus rates TSE:3187 with a GF Score™ of 64/100 and a GF Value™ of 円392.59 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,114 Retail - Cyclical companies, Miratap ranks better than 50.9% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Miratap's Gross Profit for the
three
months ended in Mar. 2026 was 円1,527 Mil. Miratap's Revenue for the
three
months ended in Mar. 2026 was 円4,063 Mil. Therefore, Miratap's Gross Margin % for the quarter that ended in Mar. 2026 was 37.58%.
The historical rank and industry rank for Miratap's Gross Margin % or its related term are showing as below:
TSE:3187'
s Gross Margin % Range Over the Past 10 Years
Min: 34.85 Med: 35.62 Max: 37.34
Current: 36.6
During the past 13 years, the highestGross Margin % of Miratap was 37.34%. The lowest was 34.85%. And the median was 35.62%.
TSE:3187's Gross Margin % is ranked better than 50.9% of 1114
companies
in the Retail - Cyclical industry
Industry Median: 36.27
vs TSE:3187: 36.60
Miratap had a gross margin of 37.58% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Miratap was -0.60% per year.
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
Miratap had a gross margin of 37.58% 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.
Miratap Gross Margin % Related Terms
Miratap Gross Margin % Historical Data
* Premium members only.
The historical data trend for Miratap'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.
TSE:3187 vs AMZN, BABA, PDD: Gross Margin % Comparison
For the Internet Retail subindustry, Miratap'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.
Miratap Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Miratap's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Miratap's Gross Margin % falls into.
* 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.
Miratap (TSE:3187) has a Gross Margin % of 37.58% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Miratap and its competitors. This is near median its historical median of 35.62. Over the past decade, Miratap's Gross Margin % has ranged from 34.85 to 37.34. According to the industry distribution chart, Miratap ranks #547 out of 1114 companies in the Retail - Cyclical industry, placing it in the top 49.1%.
Is Miratap's Gross Margin % too high?
Miratap's current Gross Margin % of 37.58% is near median its 10-year median of 35.62. Over the past 10 years, this metric has ranged from a low of 34.85 to a high of 37.34. The Retail - Cyclical industry median Gross Margin % is 36.27. Miratap's value of 37.58% is 3.6% above this industry median. Based on the distribution chart, Miratap ranks #547 out of 1114 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Miratap has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Miratap's Gross Margin % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Miratap ranks #547 out of 1114 companies for Gross Margin %. This puts Miratap in the upper half of its industry. The industry median Gross Margin % is 36.27. Miratap's value of 37.58% is 3.6% above this benchmark. Historically, Miratap's own Gross Margin % has ranged from 34.85 to 37.34 over the past decade. While the company's 10-year median is 35.62 vs. the industry median of 36.27, Miratap 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 36.27, based on 1,114 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. Miratap's current Gross Margin % of 37.58% is 3.6% 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 Miratap and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miratap's current Gross Margin % is 37.58%, which is near median its own 10-year median of 35.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miratap stock overvalued right now?
Based on GuruFocus' analysis, Miratap (TSE:3187) is currently considered Fairly Valued. The stock's GF Value™ is 円392.59, compared to a current price of 円359.00 — trading 8.6% below its estimated fair value. The current Gross Margin % is 37.58%, which is near median its 10-year median of 35.62 and 3.6% above the Retail - Cyclical industry median of 36.27. Miratap's overall GF Score™ is 64/100 with 8 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 Miratap (TSE:3187), the current Gross Margin % is 37.58% 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 Miratap (TSE:3187) Overvalued in 2026?
Based on GuruFocus' analysis, Miratap stock appears to be undervalued.
The current stock price of 円359.00 is trading 8.6% below its estimated GF Value™ of 円392.59.
GuruFocus considers Miratap to be Fairly Valued.
Key valuation signals for TSE:3187:
Gross Margin %: 37.58% (near median its 10-year median of 35.62)
GF Value™: 円392.59 vs. price of 円359.00 (8.6% below fair value)
Industry Position: 3.6% above the Retail - Cyclical median (#547 of 1114)
No single metric tells the full story. See the TSE:3187 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Miratap Inc is an online retailer that offers housing equipment and building materials. It offers products related to kitchen, bathroom, flooring, interior building materials, exterior building materials, maintenance construction materials, and others. The Company has two reportable segments: the "Housing Equipment and Building Materials E-Commerce Business" and the "Housing Business".
64GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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