Baroque Japan (TSE:3548) Gross Margin %: 59.38% (As of Feb. 2026) — Near Median


TSE:3548 Baroque Japan Ltd TSE:3548
62 GF Score
Price 円738.00
GF Value 円699.11
Valuation Fairly Valued
! 9 Warning Signs
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What is Baroque Japan Gross Margin %?

Baroque Japan TSE:3548 62 Gross Margin % is 59.38% as of Feb. 2026, which is 5% above its 10-year median of 56.78. GuruFocus rates TSE:3548 with a GF Score™ of 62/100 and a GF Value™ of 円699.11 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Baroque Japan ranks better than 86.07% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Baroque Japan's Gross Profit for the six months ended in Feb. 2026 was 円15,852 Mil. Baroque Japan's Revenue for the six months ended in Feb. 2026 was 円26,698 Mil. Therefore, Baroque Japan's Gross Margin % for the quarter that ended in Feb. 2026 was 59.38%.


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

TSE:3548' s Gross Margin % Range Over the Past 10 Years
Min: 53.56   Med: 56.78   Max: 60.05
Current: 60.05


During the past 11 years, the highest Gross Margin % of Baroque Japan was 60.05%. The lowest was 53.56%. And the median was 56.78%.

TSE:3548's Gross Margin % is ranked better than
86.07% of 1113 companies
in the Retail - Cyclical industry
Industry Median: 36.29 vs TSE:3548: 60.05

Baroque Japan had a gross margin of 59.38% for the quarter that ended in Feb. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Baroque Japan was 1.50% per year.


Baroque Japan  (TSE:3548) 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

Baroque Japan had a gross margin of 59.38% 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.


Baroque Japan Gross Margin % Related Terms


Baroque Japan Gross Margin % Historical Data

* Premium members only.

The historical data trend for Baroque Japan'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.

Baroque Japan Gross Margin % Chart

Baroque Japan Annual Data
Trend Jan16 Jan17 Jan18 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.43 56.78 56.83 56.89 60.05

Baroque Japan Semi-Annual Data
Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 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 55.71 57.70 56.16 60.78 59.38

TSE:3548 vs TJX, ROST, BURL: Gross Margin % Comparison

For the Apparel Retail subindustry, Baroque Japan'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.


Baroque Japan Gross Margin % vs Retail - Cyclical Industry

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

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


TSE:3548
62GF Score
Baroque Japan Ltd TSE:3548
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Baroque Japan Gross Margin % Calculation

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

Baroque Japan'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 )
=30927 / 51499
=(Revenue - Cost of Goods Sold) / Revenue
=(51499 - 20572) / 51499
=60.05 %

Baroque Japan'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 )
=15852 / 26698
=(Revenue - Cost of Goods Sold) / Revenue
=(26698 - 10846) / 26698
=59.38 %

* 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 59.38% mean?
Baroque Japan (TSE:3548) has a Gross Margin % of 59.38% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Baroque Japan and its competitors. This is near median its historical median of 56.78. Over the past decade, Baroque Japan's Gross Margin % has ranged from 53.56 to 60.05. According to the industry distribution chart, Baroque Japan ranks #155 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 13.9%.
Is Baroque Japan's Gross Margin % too high?
Baroque Japan's current Gross Margin % of 59.38% is near median its 10-year median of 56.78. Over the past 10 years, this metric has ranged from a low of 53.56 to a high of 60.05. The Retail - Cyclical industry median Gross Margin % is 36.29. Baroque Japan's value of 59.38% is 63.6% above this industry median. Based on the distribution chart, Baroque Japan ranks #155 out of 1113 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Baroque Japan has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baroque Japan's Gross Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Baroque Japan ranks #155 out of 1113 companies for Gross Margin %. This places Baroque Japan in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.29. Baroque Japan's value of 59.38% is 63.6% above this benchmark. Historically, Baroque Japan's own Gross Margin % has ranged from 53.56 to 60.05 over the past decade. While the company's 10-year median is 56.78 vs. the industry median of 36.29, Baroque Japan 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 36.29, 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. Baroque Japan's current Gross Margin % of 59.38% is 63.6% 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 Baroque Japan and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baroque Japan's current Gross Margin % is 59.38%, which is near median its own 10-year median of 56.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baroque Japan stock overvalued right now?
Based on GuruFocus' analysis, Baroque Japan (TSE:3548) is currently considered Fairly Valued. The stock's GF Value™ is 円699.11, compared to a current price of 円738.00 — trading 5.6% above its estimated fair value. The current Gross Margin % is 59.38%, which is near median its 10-year median of 56.78 and 63.6% above the Retail - Cyclical industry median of 36.29. Baroque Japan's overall GF Score™ is 62/100 with 9 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 Baroque Japan (TSE:3548), the current Gross Margin % is 59.38% 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 Baroque Japan (TSE:3548) Overvalued in 2026?

Based on GuruFocus' analysis, Baroque Japan stock appears to be overvalued. The current stock price of 円738.00 is trading 5.6% above its estimated GF Value™ of 円699.11. GuruFocus considers Baroque Japan to be Fairly Valued.

Key valuation signals for TSE:3548:

  • Gross Margin %: 59.38% (near median its 10-year median of 56.78)
  • GF Value™: 円699.11 vs. price of 円738.00 (5.6% above fair value)
  • GF Score™: 62/100 with 9 warning signs
  • Industry Position: 63.6% above the Retail - Cyclical median (#155 of 1113)

No single metric tells the full story. See the TSE:3548 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baroque Japan Business Description

Address 4-7-7 Aobadai, Sumitomo Realty & Development Aobadai Hills, Meguro-ku, Tokyo, JPN, 153-0042
Baroque Japan Ltd operates as a holding company which engages in the operation of apparels and accessory franchise stores. The company provides fashion building and train station building apparels, shopping center apparels, department store apparels, non-store (mail order-wholesale), shoes, and own branded stores and online shopping malls.
62GF Score

Get the complete analysis for TSE:3548

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

円738.00
Price
円699.11
GF Value