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The historical rank and industry rank for Billing System's Gross Margin % or its related term are showing as below:
TSE:3623'
s Gross Margin % Range Over the Past 10 Years
Min: 29.84 Med: 34.81 Max: 37.7
Current: 37.7
During the past 13 years, the highestGross Margin % of Billing System was 37.70%. The lowest was 29.84%. And the median was 34.81%.
TSE:3623's Gross Margin % is ranked worse than 53.37% of 2685
companies
in the Software industry
Industry Median: 40.49
vs TSE:3623: 37.70
Billing System had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Billing System was 3.60% per year.
Billing System (TSE:3623) 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
Billing System had a gross margin of N/A% for the quarter that ended in Dec. 2025 => 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.
Billing System Gross Margin % Related Terms
Billing System Gross Margin % Historical Data
* Premium members only.
The historical data trend for Billing System'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:3623 vs MSFT, ORCL, PLTR: Gross Margin % Comparison
For the Software - Infrastructure subindustry, Billing System'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.
Billing System Gross Margin % vs Software Industry
For the Software industry and Technology sector, Billing System's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Billing System'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.
Billing System (TSE:3623) has a Gross Margin % of 0.00% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Billing System and its competitors. Over the past decade, Billing System's Gross Margin % has ranged from 29.84 to 37.70. According to the industry distribution chart, Billing System ranks #1433 out of 2685 companies in the Software industry, placing it in the top 53.4%.
Is Billing System's Gross Margin % too high?
Billing System's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 29.84 to a high of 37.70. Based on the distribution chart, Billing System ranks #1433 out of 2685 companies in the Software industry, which is below the industry midpoint. Overall, Billing System has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Billing System's Gross Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, Billing System ranks #1433 out of 2685 companies for Gross Margin %. This places Billing System in the lower half of its industry. The industry median Gross Margin % is 40.49. Historically, Billing System's own Gross Margin % has ranged from 29.84 to 37.70 over the past decade. 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 Software company?
The median Gross Margin % among Software companies is 40.49, based on 2,685 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. 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 Billing System and its competitors. For the Software industry, the median Gross Margin % is 40.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Billing System's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billing System stock overvalued right now?
Based on GuruFocus' analysis, Billing System (TSE:3623) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,338.16, compared to a current price of 円1,024.00 — trading 23.5% below its estimated fair value. The current Gross Margin % is 0.00%. Billing System's overall GF Score™ is 69/100 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 Billing System (TSE:3623), the current Gross Margin % is 0.00% as of Dec. 2025. 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 Billing System (TSE:3623) Overvalued in 2026?
Based on GuruFocus' analysis, Billing System stock appears to be undervalued.
The current stock price of 円1,024.00 is trading 23.5% below its estimated GF Value™ of 円1,338.16.
GuruFocus considers Billing System to be Modestly Undervalued.
Key valuation signals for TSE:3623:
Gross Margin %: 0.00%
GF Value™: 円1,338.16 vs. price of 円1,024.00 (23.5% below fair value)
No single metric tells the full story. See the TSE:3623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Billing System Corp offers a variety of payment services, including collection agency services, remittance support, smartphone payment service PayB, and more. It also support the introduction of in-store payments such as WeChat Pay, Alipay+, and PayPay, as well as the development and operation of WeChat mini-programs.
69GF Score
Get the complete analysis for TSE:3623
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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