Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Value GolfTSE:3931 -0.92%57 Gross Margin % is 30.86% as of Jan. 2026, which is 10% below its 10-year median of 34.22. GuruFocus rates TSE:3931 with a GF Score™ of 57/100 and a GF Value™ of 円1,280.73 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 946 Media - Diversified companies, Value Golf ranks worse than 56.55% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Value Golf's Gross Profit for the
three
months ended in Jan. 2026 was 円406 Mil. Value Golf's Revenue for the
three
months ended in Jan. 2026 was 円1,317 Mil. Therefore, Value Golf's Gross Margin % for the quarter that ended in Jan. 2026 was 30.86%.
The historical rank and industry rank for Value Golf's Gross Margin % or its related term are showing as below:
TSE:3931'
s Gross Margin % Range Over the Past 10 Years
Min: 23.62 Med: 34.22 Max: 46.82
Current: 34.94
During the past 12 years, the highestGross Margin % of Value Golf was 46.82%. The lowest was 23.62%. And the median was 34.22%.
TSE:3931's Gross Margin % is ranked worse than 56.55% of 946
companies
in the Media - Diversified industry
Industry Median: 39.295
vs TSE:3931: 34.94
Value Golf had a gross margin of 30.86% for the quarter that ended in Jan. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Value Golf was 2.50% 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
Value Golf had a gross margin of 30.86% for the quarter that ended in Jan. 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.
Value Golf Gross Margin % Related Terms
Value Golf Gross Margin % Historical Data
* Premium members only.
The historical data trend for Value Golf'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, Value Golf'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.
Value Golf Gross Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Value Golf's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Value Golf'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.
Value Golf (TSE:3931) has a Gross Margin % of 30.86% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Value Golf and its competitors. This is 10% below median its historical median of 34.22. Over the past decade, Value Golf's Gross Margin % has ranged from 23.62 to 46.82. According to the industry distribution chart, Value Golf ranks #535 out of 946 companies in the Media - Diversified industry, placing it in the top 56.6%.
Is Value Golf's Gross Margin % too high?
Value Golf's current Gross Margin % of 30.86% is 10% below median its 10-year median of 34.22. Over the past 10 years, this metric has ranged from a low of 23.62 to a high of 46.82. The Media - Diversified industry median Gross Margin % is 39.30. Value Golf's value of 30.86% is 21.5% below this industry median. Based on the distribution chart, Value Golf ranks #535 out of 946 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Value Golf has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Value Golf's Gross Margin % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Value Golf ranks #535 out of 946 companies for Gross Margin %. This places Value Golf in the lower half of its industry. The industry median Gross Margin % is 39.30. Value Golf's value of 30.86% is 21.5% below this benchmark. Historically, Value Golf's own Gross Margin % has ranged from 23.62 to 46.82 over the past decade. While the company's 10-year median is 34.22 vs. the industry median of 39.30, Value Golf 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 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. Value Golf's current Gross Margin % of 30.86% is 21.5% 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 Value Golf 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. Value Golf's current Gross Margin % is 30.86%, which is 10% below median its own 10-year median of 34.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value Golf stock overvalued right now?
Based on GuruFocus' analysis, Value Golf (TSE:3931) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,280.73, compared to a current price of 円1,516.00 — trading 18.4% above its estimated fair value. The current Gross Margin % is 30.86%, which is 10% below median its 10-year median of 34.22 and 21.5% below the Media - Diversified industry median of 39.30. Value Golf's overall GF Score™ is 57/100 with 7 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 Value Golf (TSE:3931), the current Gross Margin % is 30.86% as of Jan. 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 Value Golf (TSE:3931) Overvalued in 2026?
Based on GuruFocus' analysis, Value Golf stock appears to be overvalued.
The current stock price of 円1,516.00 is trading 18.4% above its estimated GF Value™ of 円1,280.73.
GuruFocus considers Value Golf to be Modestly Overvalued.
Key valuation signals for TSE:3931:
Gross Margin %: 30.86% (10% below median its 10-year median of 34.22)
GF Value™: 円1,280.73 vs. price of 円1,516.00 (18.4% above fair value)
Industry Position: 21.5% below the Media - Diversified median (#535 of 946)
No single metric tells the full story. See the TSE:3931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Value Golf Inc is engaged in the management of golf-related media, issues Golf magazines, and manages WEB services, develops systems and provides ASP services related to golf. It offers value service in both real and WEB. It also has advertisement media production business and medical business which include publication, service management for medical institutions.
57GF Score
Get the complete analysis for TSE:3931
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3931 has been successfully added to your 
