G-NextTSE:4179 -2.91%57 Gross Margin % is 34.50% as of Mar. 2026, which is 3% below its 10-year median of 35.41. GuruFocus rates TSE:4179 with a GF Score™ of 57/100 and a GF Value™ of 円419.00 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,678 Software companies, G-Next ranks worse than 53.21% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. G-Next's Gross Profit for the
six
months ended in Mar. 2026 was 円229 Mil. G-Next's Revenue for the
six
months ended in Mar. 2026 was 円664 Mil. Therefore, G-Next's Gross Margin % for the quarter that ended in Mar. 2026 was 34.50%.
Warning Sign:
G-Next Inc gross margin has been in long-term decline. The average rate of decline per year is -10.7%.
The historical rank and industry rank for G-Next's Gross Margin % or its related term are showing as below:
TSE:4179'
s Gross Margin % Range Over the Past 10 Years
Min: 25.3 Med: 35.41 Max: 66.99
Current: 37.84
During the past 8 years, the highestGross Margin % of G-Next was 66.99%. The lowest was 25.30%. And the median was 35.41%.
TSE:4179's Gross Margin % is ranked worse than 53.21% of 2678
companies
in the Software industry
Industry Median: 40.455
vs TSE:4179: 37.84
G-Next had a gross margin of 34.50% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for G-Next was -10.70% per year.
G-Next (TSE:4179) 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
G-Next had a gross margin of 34.50% 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.
G-Next Gross Margin % Related Terms
G-Next Gross Margin % Historical Data
* Premium members only.
The historical data trend for G-Next'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:4179 vs UBER, SHOP, CRM: Gross Margin % Comparison
For the Software - Application subindustry, G-Next'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.
G-Next Gross Margin % vs Software Industry
For the Software industry and Technology sector, G-Next's Gross Margin % distribution charts can be found below:
* The bar in red indicates where G-Next'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.
G-Next (TSE:4179) has a Gross Margin % of 34.50% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on G-Next and its competitors. This is near median its historical median of 35.41. Over the past decade, G-Next's Gross Margin % has ranged from 25.30 to 66.99. According to the industry distribution chart, G-Next ranks #1425 out of 2678 companies in the Software industry, placing it in the top 53.2%.
Is G-Next's Gross Margin % too high?
G-Next's current Gross Margin % of 34.50% is near median its 10-year median of 35.41. Over the past 10 years, this metric has ranged from a low of 25.30 to a high of 66.99. The Software industry median Gross Margin % is 40.46. G-Next's value of 34.50% is 14.7% below this industry median. Based on the distribution chart, G-Next ranks #1425 out of 2678 companies in the Software industry, which is below the industry midpoint. Overall, G-Next has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does G-Next's Gross Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, G-Next ranks #1425 out of 2678 companies for Gross Margin %. This places G-Next in the lower half of its industry. The industry median Gross Margin % is 40.46. G-Next's value of 34.50% is 14.7% below this benchmark. Historically, G-Next's own Gross Margin % has ranged from 25.30 to 66.99 over the past decade. While the company's 10-year median is 35.41 vs. the industry median of 40.46, G-Next 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 40.46, based on 2,678 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. G-Next's current Gross Margin % of 34.50% is 14.7% 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 G-Next and its competitors. For the Software industry, the median Gross Margin % is 40.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G-Next's current Gross Margin % is 34.50%, 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 G-Next stock overvalued right now?
Based on GuruFocus' analysis, G-Next (TSE:4179) is currently considered Modestly Overvalued. The stock's GF Value™ is 円419.00, compared to a current price of 円500.00 — trading 19.3% above its estimated fair value. The current Gross Margin % is 34.50%, which is near median its 10-year median of 35.41 and 14.7% below the Software industry median of 40.46. G-Next'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 G-Next (TSE:4179), the current Gross Margin % is 34.50% 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 G-Next (TSE:4179) Overvalued in 2026?
Based on GuruFocus' analysis, G-Next stock appears to be overvalued.
The current stock price of 円500.00 is trading 19.3% above its estimated GF Value™ of 円419.00.
GuruFocus considers G-Next to be Modestly Overvalued.
Key valuation signals for TSE:4179:
Gross Margin %: 34.50% (near median its 10-year median of 35.41)
GF Value™: 円419.00 vs. price of 円500.00 (19.3% above fair value)
Industry Position: 14.7% below the Software median (#1425 of 2678)
No single metric tells the full story. See the TSE:4179 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
G-Next Inc is engaged in the business of developing and providing Discoveriez, a customer relationship software. The company's business segment is the Stakeholder DX Platform Business, which can be divided into two services: cloud business and on-premise business.
57GF Score
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