Betrend (TSE:4020) Gross Margin %: 0.00% (As of Dec. 2025)

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TSE:4020 Betrend Corp TSE:4020
76 GF Score
Price 円724.00
GF Value 円847.95
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Betrend Gross Margin %?

Betrend TSE:4020 +4.93% 76 Gross Margin % is 0.00% as of Dec. 2025. GuruFocus rates TSE:4020 with a GF Score™ of 76/100 and a GF Value™ of 円847.95 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,683 Software companies, Betrend ranks worse than 50.17% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Betrend's Gross Profit for the three months ended in Dec. 2025 was 円0.0 Mil. Betrend's Revenue for the three months ended in Dec. 2025 was 円0.0 Mil. Therefore, Betrend's Gross Margin % for the quarter that ended in Dec. 2025 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

Betrend Corp gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


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

TSE:4020' s Gross Margin % Range Over the Past 10 Years
Min: 40.44   Med: 52.45   Max: 58.68
Current: 40.44


During the past 8 years, the highest Gross Margin % of Betrend was 58.68%. The lowest was 40.44%. And the median was 52.45%.

TSE:4020's Gross Margin % is ranked worse than
50.17% of 2683 companies
in the Software industry
Industry Median: 40.47 vs TSE:4020: 40.44

Betrend 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 Betrend was -2.60% per year.


Betrend  (TSE:4020) 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

Betrend 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.


Betrend Gross Margin % Related Terms


Betrend Gross Margin % Historical Data

* Premium members only.

The historical data trend for Betrend'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.

Betrend Gross Margin % Chart

Betrend Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 50.91 51.93 51.70 52.96 46.96

Betrend Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 49.34 47.79 0.00 0.00 32.50

TSE:4020 vs UBER, SHOP, CRM: Gross Margin % Comparison

For the Software - Application subindustry, Betrend'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.


Betrend Gross Margin % vs Software Industry

For the Software industry and Technology sector, Betrend's Gross Margin % distribution charts can be found below:

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


TSE:4020
76GF Score
Betrend Corp TSE:4020
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Betrend Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Betrend's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=544.4 / 1159.416
=(Revenue - Cost of Goods Sold) / Revenue
=(1159.416 - 615.008) / 1159.416
=46.96 %

Betrend's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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 0.00% mean?
Betrend (TSE:4020) 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 Betrend and its competitors. Over the past decade, Betrend's Gross Margin % has ranged from 40.44 to 58.68. According to the industry distribution chart, Betrend ranks #1346 out of 2683 companies in the Software industry, placing it in the top 50.2%.
Is Betrend's Gross Margin % too high?
Betrend's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 40.44 to a high of 58.68. Based on the distribution chart, Betrend ranks #1346 out of 2683 companies in the Software industry, which is below the industry midpoint. Overall, Betrend has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Betrend's Gross Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, Betrend ranks #1346 out of 2683 companies for Gross Margin %. This places Betrend in the lower half of its industry. The industry median Gross Margin % is 40.47. Historically, Betrend's own Gross Margin % has ranged from 40.44 to 58.68 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 40.47, based on 2,683 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 Betrend and its competitors. For the Software industry, the median Gross Margin % is 40.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Betrend'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 Betrend stock overvalued right now?
Based on GuruFocus' analysis, Betrend (TSE:4020) is currently considered Modestly Undervalued. The stock's GF Value™ is 円847.95, compared to a current price of 円724.00 — trading 14.6% below its estimated fair value. The current Gross Margin % is 0.00%. Betrend's overall GF Score™ is 76/100 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 Betrend (TSE:4020), 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 Betrend (TSE:4020) Overvalued in 2026?

Based on GuruFocus' analysis, Betrend stock appears to be undervalued. The current stock price of 円724.00 is trading 14.6% below its estimated GF Value™ of 円847.95. GuruFocus considers Betrend to be Modestly Undervalued.

Key valuation signals for TSE:4020:

  • Gross Margin %: 0.00%
  • GF Value™: 円847.95 vs. price of 円724.00 (14.6% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the TSE:4020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Betrend Business Description

Address 1-13-1 Nagatacho, Okamura Akasaka Building 2nd Floor, Minato-ku, Tokyo, JPN, 107-0052
Betrend Corp is engaged in provides the CRM software platform betrend, which has a variety for sending and receiving information and for analyzing information as a customer management tool, on an ongoing basis in the form of SaaS to companies and others engaged in business directed at consumers (BtoC), as well as peripheral services tailored to customer needs.
76GF Score

Get the complete analysis for TSE:4020

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

円724.00
Price
円847.95
GF Value