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IRidgeTSE:3917 -0.21%54 Gross Margin % is 35.76% as of Mar. 2026, which is 1% above its 10-year median of 35.41. GuruFocus rates TSE:3917 with a GF Score™ of 54/100 and a GF Value™ of 円587.70 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,687 Software companies, IRidge ranks worse than 62.71% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. IRidge's Gross Profit for the
three
months ended in Mar. 2026 was 円729 Mil. IRidge's Revenue for the
three
months ended in Mar. 2026 was 円2,040 Mil. Therefore, IRidge's Gross Margin % for the quarter that ended in Mar. 2026 was 35.76%.
Warning Sign:
IRidge Inc gross margin has been in long-term decline. The average rate of decline per year is -3.1%.
The historical rank and industry rank for IRidge's Gross Margin % or its related term are showing as below:
TSE:3917'
s Gross Margin % Range Over the Past 10 Years
Min: 27.62 Med: 35.41 Max: 38.05
Current: 30.71
During the past 12 years, the highestGross Margin % of IRidge was 38.05%. The lowest was 27.62%. And the median was 35.41%.
TSE:3917's Gross Margin % is ranked worse than 62.71% of 2687
companies
in the Software industry
Industry Median: 40.62
vs TSE:3917: 30.71
IRidge had a gross margin of 35.76% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for IRidge was -3.10% per year.
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
IRidge had a gross margin of 35.76% for the quarter that ended in Mar. 2026 => Competition eroding margins
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.
IRidge Gross Margin % Related Terms
IRidge Gross Margin % Historical Data
* Premium members only.
The historical data trend for IRidge'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:3917 vs QH, SHOP, UBER: Gross Margin % Comparison
For the Software - Application subindustry, IRidge'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.
IRidge Gross Margin % vs Software Industry
For the Software industry and Technology sector, IRidge's Gross Margin % distribution charts can be found below:
* The bar in red indicates where IRidge'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.
IRidge (TSE:3917) has a Gross Margin % of 35.76% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on IRidge and its competitors. This is near median its historical median of 35.41. Over the past decade, IRidge's Gross Margin % has ranged from 27.62 to 38.05. According to the industry distribution chart, IRidge ranks #1685 out of 2687 companies in the Software industry, placing it in the top 62.7%.
Is IRidge's Gross Margin % too high?
IRidge's current Gross Margin % of 35.76% is near median its 10-year median of 35.41. Over the past 10 years, this metric has ranged from a low of 27.62 to a high of 38.05. The Software industry median Gross Margin % is 40.62. IRidge's value of 35.76% is 12% below this industry median. Based on the distribution chart, IRidge ranks #1685 out of 2687 companies in the Software industry, which is below the industry midpoint. Overall, IRidge has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IRidge's Gross Margin % compare to QH and SHOP?
According to the Software industry distribution chart, IRidge ranks #1685 out of 2687 companies for Gross Margin %. This places IRidge in the lower half of its industry. The industry median Gross Margin % is 40.62. IRidge's value of 35.76% is 12% below this benchmark. Historically, IRidge's own Gross Margin % has ranged from 27.62 to 38.05 over the past decade. While the company's 10-year median is 35.41 vs. the industry median of 40.62, IRidge has consistently been below 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 Software company?
The median Gross Margin % among Software companies is 40.62, based on 2,687 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. IRidge's current Gross Margin % of 35.76% is 12% below 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 IRidge and its competitors. For the Software industry, the median Gross Margin % is 40.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRidge's current Gross Margin % is 35.76%, which is near median its own 10-year median of 35.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRidge stock overvalued right now?
Based on GuruFocus' analysis, IRidge (TSE:3917) is currently considered Modestly Undervalued. The stock's GF Value™ is 円587.70, compared to a current price of 円472.00 — trading 19.7% below its estimated fair value. The current Gross Margin % is 35.76%, which is near median its 10-year median of 35.41 and 12% below the Software industry median of 40.62. IRidge's overall GF Score™ is 54/100 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 IRidge (TSE:3917), the current Gross Margin % is 35.76% 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 IRidge (TSE:3917) Overvalued in 2026?
Based on GuruFocus' analysis, IRidge stock appears to be undervalued.
The current stock price of 円472.00 is trading 19.7% below its estimated GF Value™ of 円587.70.
GuruFocus considers IRidge to be Modestly Undervalued.
Key valuation signals for TSE:3917:
Gross Margin %: 35.76% (near median its 10-year median of 35.41)
GF Value™: 円587.70 vs. price of 円472.00 (19.7% below fair value)
Industry Position: 12% below the Software median (#1685 of 2687)
No single metric tells the full story. See the TSE:3917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRidge Inc is engaged in the planning, development, and support of smartphone applications, digital services, and local currency platforms. The company operates through three segments: the Application Business, which handles app development and operation; the Business Production Business, which offers end-to-end support from business strategy and DX planning to service development and growth hacking; and the Fintech Business, which manages the digital local currency platform Money Easy.
54GF Score
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