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Papyless CoTSE:3641 +0.61%68 Gross Margin % is 45.57% as of Mar. 2026, which is 9% below its 10-year median of 50.00. GuruFocus rates TSE:3641 with a GF Score™ of 68/100 and a GF Value™ of 円904.06 (Fairly Valued). The stock has 2 warning signs investors should review. Among 946 Media - Diversified companies, Papyless Co ranks better than 60.99% on this metric.
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
Papyless Co had a gross margin of 45.57% 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.
Papyless Co Gross Margin % Related Terms
Papyless Co Gross Margin % Historical Data
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The historical data trend for Papyless Co'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.
For the Publishing subindustry, Papyless Co'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.
Papyless Co Gross Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Papyless Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Papyless Co'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.
Papyless Co (TSE:3641) has a Gross Margin % of 45.57% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Papyless Co and its competitors. This is near median its historical median of 50.00. Over the past decade, Papyless Co's Gross Margin % has ranged from 46.38 to 57.55. According to the industry distribution chart, Papyless Co ranks #369 out of 946 companies in the Media - Diversified industry, placing it in the top 39%.
Is Papyless Co's Gross Margin % too high?
Papyless Co's current Gross Margin % of 45.57% is near median its 10-year median of 50.00. Over the past 10 years, this metric has ranged from a low of 46.38 to a high of 57.55. The Media - Diversified industry median Gross Margin % is 39.30. Papyless Co's value of 45.57% is 16% above this industry median. Based on the distribution chart, Papyless Co ranks #369 out of 946 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Papyless Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Papyless Co's Gross Margin % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Papyless Co ranks #369 out of 946 companies for Gross Margin %. This puts Papyless Co in the upper half of its industry. The industry median Gross Margin % is 39.30. Papyless Co's value of 45.57% is 16% above this benchmark. Historically, Papyless Co's own Gross Margin % has ranged from 46.38 to 57.55 over the past decade. While the company's 10-year median is 50.00 vs. the industry median of 39.30, Papyless Co 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 39.30, based on 946 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. Papyless Co's current Gross Margin % of 45.57% is 16% 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 Papyless Co and its competitors. For the Media - Diversified industry, the median Gross Margin % is 39.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Papyless Co's current Gross Margin % is 45.57%, which is near median its own 10-year median of 50.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Papyless Co stock overvalued right now?
Based on GuruFocus' analysis, Papyless Co (TSE:3641) is currently considered Fairly Valued. The stock's GF Value™ is 円904.06, compared to a current price of 円984.00 — trading 8.8% above its estimated fair value. The current Gross Margin % is 45.57%, which is near median its 10-year median of 50.00 and 16% above the Media - Diversified industry median of 39.30. Papyless Co's overall GF Score™ is 68/100 with 2 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 Papyless Co (TSE:3641), the current Gross Margin % is 45.57% 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 Papyless Co (TSE:3641) Overvalued in 2026?
Based on GuruFocus' analysis, Papyless Co stock appears to be overvalued.
The current stock price of 円984.00 is trading 8.8% above its estimated GF Value™ of 円904.06.
GuruFocus considers Papyless Co to be Fairly Valued.
Key valuation signals for TSE:3641:
Gross Margin %: 45.57% (near median its 10-year median of 50.00)
GF Value™: 円904.06 vs. price of 円984.00 (8.8% above fair value)
Industry Position: 16% above the Media - Diversified median (#369 of 946)
No single metric tells the full story. See the TSE:3641 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Papyless Co Ltd is a Japan-based company engaged in the sale, rental, and distribution of electronic books (E-books). It offers novel and non-fiction, practical books, photo books, comics, magazines, business and education, audio and picture novels, cartoons, and adult books, as well as photo album books.
68GF Score
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