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IACE TravelTSE:343A +0.93%20 Gross Margin % is 76.46% as of Mar. 2026, which is 0% below its 10-year median of 76.60. GuruFocus rates TSE:343A with a GF Score™ of 20/100. Among 790 Travel & Leisure companies, IACE Travel ranks better than 86.84% on this metric.
The historical rank and industry rank for IACE Travel's Gross Margin % or its related term are showing as below:
TSE:343A'
s Gross Margin % Range Over the Past 10 Years
Min: 74.96 Med: 76.6 Max: 79.26
Current: 77.18
During the past 4 years, the highestGross Margin % of IACE Travel was 79.26%. The lowest was 74.96%. And the median was 76.60%.
TSE:343A's Gross Margin % is ranked better than 86.84% of 790
companies
in the Travel & Leisure industry
Industry Median: 43.64
vs TSE:343A: 77.18
IACE Travel had a gross margin of 76.46% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for IACE Travel was 0.00% per year.
IACE Travel (TSE:343A) 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
IACE Travel had a gross margin of 76.46% for the quarter that ended in Mar. 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.
IACE Travel Gross Margin % Related Terms
IACE Travel Gross Margin % Historical Data
* Premium members only.
The historical data trend for IACE Travel'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:343A vs BKNG, ABNB, RCL: Gross Margin % Comparison
For the Travel Services subindustry, IACE Travel'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.
IACE Travel Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, IACE Travel's Gross Margin % distribution charts can be found below:
* The bar in red indicates where IACE Travel'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.
IACE Travel (TSE:343A) has a Gross Margin % of 76.46% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on IACE Travel and its competitors. This is near median its historical median of 76.60. Over the past decade, IACE Travel's Gross Margin % has ranged from 74.96 to 79.26. According to the industry distribution chart, IACE Travel ranks #104 out of 790 companies in the Travel & Leisure industry, placing it in the top 13.2%.
Is IACE Travel's Gross Margin % too high?
IACE Travel's current Gross Margin % of 76.46% is near median its 10-year median of 76.60. Over the past 10 years, this metric has ranged from a low of 74.96 to a high of 79.26. The Travel & Leisure industry median Gross Margin % is 43.64. IACE Travel's value of 76.46% is 75.2% above this industry median. Based on the distribution chart, IACE Travel ranks #104 out of 790 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, IACE Travel has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does IACE Travel's Gross Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, IACE Travel ranks #104 out of 790 companies for Gross Margin %. This places IACE Travel in the top 13% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 43.64. IACE Travel's value of 76.46% is 75.2% above this benchmark. Historically, IACE Travel's own Gross Margin % has ranged from 74.96 to 79.26 over the past decade. While the company's 10-year median is 76.60 vs. the industry median of 43.64, IACE Travel 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.64, based on 790 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. IACE Travel's current Gross Margin % of 76.46% is 75.2% 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 IACE Travel and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IACE Travel's current Gross Margin % is 76.46%, which is near median its own 10-year median of 76.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IACE Travel stock overvalued right now?
IACE Travel (TSE:343A) has a current Gross Margin % of 76.46%. The current Gross Margin % is 76.46%, which is near median its 10-year median of 76.60 and 75.2% above the Travel & Leisure industry median of 43.64. IACE Travel's overall GF Score™ is 20/100. 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 IACE Travel (TSE:343A), the current Gross Margin % is 76.46% 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.
IACE Travel Corp is engaged in travel business that operates the cloud-based booking system Smart BTM and provides business travel management services.
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