Felissimo (TSE:3396) Gross Margin %: 54.39% (As of Feb. 2026) — Near Median


TSE:3396 Felissimo Corp TSE:3396
53 GF Score
Price 円866.00
GF Value 円852.64
Valuation Fairly Valued
! 3 Warning Signs
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What is Felissimo Gross Margin %?

Felissimo TSE:3396 +1.76% 53 Gross Margin % is 54.39% as of Feb. 2026, which is 1% above its 10-year median of 53.63. GuruFocus rates TSE:3396 with a GF Score™ of 53/100 and a GF Value™ of 円852.64 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Felissimo ranks better than 79.42% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Felissimo's Gross Profit for the six months ended in Feb. 2026 was 円8,117 Mil. Felissimo's Revenue for the six months ended in Feb. 2026 was 円14,924 Mil. Therefore, Felissimo's Gross Margin % for the quarter that ended in Feb. 2026 was 54.39%.


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

TSE:3396' s Gross Margin % Range Over the Past 10 Years
Min: 52.5   Med: 53.63   Max: 54.65
Current: 54.65


During the past 13 years, the highest Gross Margin % of Felissimo was 54.65%. The lowest was 52.50%. And the median was 53.63%.

TSE:3396's Gross Margin % is ranked better than
79.42% of 1113 companies
in the Retail - Cyclical industry
Industry Median: 36.37 vs TSE:3396: 54.65

Felissimo had a gross margin of 54.39% for the quarter that ended in Feb. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Felissimo was 0.10% per year.


Felissimo  (TSE:3396) 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

Felissimo had a gross margin of 54.39% for the quarter that ended in Feb. 2026 => Durable 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.


Felissimo Gross Margin % Related Terms


Felissimo Gross Margin % Historical Data

* Premium members only.

The historical data trend for Felissimo'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.

Felissimo Gross Margin % Chart

Felissimo Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.99 53.03 52.65 53.87 54.65

Felissimo Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 51.77 54.20 53.56 54.93 54.39

TSE:3396 vs AMZN, BABA, PDD: Gross Margin % Comparison

For the Internet Retail subindustry, Felissimo'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.


Felissimo Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Felissimo's Gross Margin % distribution charts can be found below:

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


TSE:3396
53GF Score
Felissimo Corp TSE:3396
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Felissimo Gross Margin % Calculation

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

Felissimo's Gross Margin for the fiscal year that ended in Feb. 2026 is calculated as

Gross Margin % (A: Feb. 2026 )=Gross Profit (A: Feb. 2026 ) / Revenue (A: Feb. 2026 )
=15947 / 29179
=(Revenue - Cost of Goods Sold) / Revenue
=(29179 - 13232) / 29179
=54.65 %

Felissimo's Gross Margin for the quarter that ended in Feb. 2026 is calculated as


Gross Margin % (Q: Feb. 2026 )=Gross Profit (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=8117 / 14924
=(Revenue - Cost of Goods Sold) / Revenue
=(14924 - 6807) / 14924
=54.39 %

* 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 54.39% mean?
Felissimo (TSE:3396) has a Gross Margin % of 54.39% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Felissimo and its competitors. This is near median its historical median of 53.63. Over the past decade, Felissimo's Gross Margin % has ranged from 52.50 to 54.65. According to the industry distribution chart, Felissimo ranks #229 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 20.6%.
Is Felissimo's Gross Margin % too high?
Felissimo's current Gross Margin % of 54.39% is near median its 10-year median of 53.63. Over the past 10 years, this metric has ranged from a low of 52.50 to a high of 54.65. The Retail - Cyclical industry median Gross Margin % is 36.37. Felissimo's value of 54.39% is 49.5% above this industry median. Based on the distribution chart, Felissimo ranks #229 out of 1113 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Felissimo has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Felissimo's Gross Margin % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Felissimo ranks #229 out of 1113 companies for Gross Margin %. This places Felissimo in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.37. Felissimo's value of 54.39% is 49.5% above this benchmark. Historically, Felissimo's own Gross Margin % has ranged from 52.50 to 54.65 over the past decade. While the company's 10-year median is 53.63 vs. the industry median of 36.37, Felissimo 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 36.37, based on 1,113 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. Felissimo's current Gross Margin % of 54.39% is 49.5% 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 Felissimo and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Felissimo's current Gross Margin % is 54.39%, which is near median its own 10-year median of 53.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Felissimo stock overvalued right now?
Based on GuruFocus' analysis, Felissimo (TSE:3396) is currently considered Fairly Valued. The stock's GF Value™ is 円852.64, compared to a current price of 円866.00 — trading 1.6% above its estimated fair value. The current Gross Margin % is 54.39%, which is near median its 10-year median of 53.63 and 49.5% above the Retail - Cyclical industry median of 36.37. Felissimo's overall GF Score™ is 53/100 with 3 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 Felissimo (TSE:3396), the current Gross Margin % is 54.39% as of Feb. 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 Felissimo (TSE:3396) Overvalued in 2026?

Based on GuruFocus' analysis, Felissimo stock appears to be overvalued. The current stock price of 円866.00 is trading 1.6% above its estimated GF Value™ of 円852.64. GuruFocus considers Felissimo to be Fairly Valued.

Key valuation signals for TSE:3396:

  • Gross Margin %: 54.39% (near median its 10-year median of 53.63)
  • GF Value™: 円852.64 vs. price of 円866.00 (1.6% above fair value)
  • GF Score™: 53/100 with 3 warning signs
  • Industry Position: 49.5% above the Retail - Cyclical median (#229 of 1113)

No single metric tells the full story. See the TSE:3396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Felissimo Business Description

Address 59 Naniwa-machi, Chuo-ku, Kobe, JPN, 650-0035
Felissimo Corp is a direct marketing company that sells domestic and overseas products and services. The products of the company include fashion goods, household goods, handmade kits, beauty related products and foods.
53GF Score

Get the complete analysis for TSE:3396

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

円866.00
Price
円852.64
GF Value