MakuakeTSE:4479 +1.49%74 Gross Margin % is 73.27% as of Mar. 2026, which is 9% below its 10-year median of 80.75. GuruFocus rates TSE:4479 with a GF Score™ of 74/100 and a GF Value™ of 円993.74 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 552 Asset Management companies, Makuake ranks better than 63.59% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Makuake's Gross Profit for the
three
months ended in Mar. 2026 was 円988 Mil. Makuake's Revenue for the
three
months ended in Mar. 2026 was 円1,349 Mil. Therefore, Makuake's Gross Margin % for the quarter that ended in Mar. 2026 was 73.27%.
Warning Sign:
Makuake Inc gross margin has been in long-term decline. The average rate of decline per year is -2%.
The historical rank and industry rank for Makuake's Gross Margin % or its related term are showing as below:
TSE:4479'
s Gross Margin % Range Over the Past 10 Years
Min: 73.58 Med: 80.75 Max: 90.34
Current: 73.58
During the past 9 years, the highestGross Margin % of Makuake was 90.34%. The lowest was 73.58%. And the median was 80.75%.
TSE:4479's Gross Margin % is ranked better than 63.59% of 552
companies
in the Asset Management industry
Industry Median: 56.735
vs TSE:4479: 73.58
Makuake had a gross margin of 73.27% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Makuake was -2.00% per year.
Makuake (TSE:4479) 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
Makuake had a gross margin of 73.27% 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.
Makuake Gross Margin % Related Terms
Makuake Gross Margin % Historical Data
* Premium members only.
The historical data trend for Makuake'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:4479 vs BLK, BX, KKR: Gross Margin % Comparison
For the Asset Management subindustry, Makuake'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.
Makuake Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Makuake's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Makuake'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.
Makuake (TSE:4479) has a Gross Margin % of 73.27% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Makuake and its competitors. This is near median its historical median of 80.75. Over the past decade, Makuake's Gross Margin % has ranged from 73.58 to 90.34. According to the industry distribution chart, Makuake ranks #201 out of 552 companies in the Asset Management industry, placing it in the top 36.4%.
Is Makuake's Gross Margin % too high?
Makuake's current Gross Margin % of 73.27% is near median its 10-year median of 80.75. Over the past 10 years, this metric has ranged from a low of 73.58 to a high of 90.34. The Asset Management industry median Gross Margin % is 56.74. Makuake's value of 73.27% is 29.1% above this industry median. Based on the distribution chart, Makuake ranks #201 out of 552 companies in the Asset Management industry, which is above the industry midpoint. Overall, Makuake has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Makuake's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Makuake ranks #201 out of 552 companies for Gross Margin %. This puts Makuake in the upper half of its industry. The industry median Gross Margin % is 56.74. Makuake's value of 73.27% is 29.1% above this benchmark. Historically, Makuake's own Gross Margin % has ranged from 73.58 to 90.34 over the past decade. While the company's 10-year median is 80.75 vs. the industry median of 56.74, Makuake 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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 56.74, based on 552 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. Makuake's current Gross Margin % of 73.27% is 29.1% 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 Makuake and its competitors. For the Asset Management industry, the median Gross Margin % is 56.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makuake's current Gross Margin % is 73.27%, which is near median its own 10-year median of 80.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makuake stock overvalued right now?
Based on GuruFocus' analysis, Makuake (TSE:4479) is currently considered Modestly Undervalued. The stock's GF Value™ is 円993.74, compared to a current price of 円888.00 — trading 10.6% below its estimated fair value. The current Gross Margin % is 73.27%, which is near median its 10-year median of 80.75 and 29.1% above the Asset Management industry median of 56.74. Makuake's overall GF Score™ is 74/100 with 1 warning sign 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 Makuake (TSE:4479), the current Gross Margin % is 73.27% 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 Makuake (TSE:4479) Overvalued in 2026?
Based on GuruFocus' analysis, Makuake stock appears to be undervalued.
The current stock price of 円888.00 is trading 10.6% below its estimated GF Value™ of 円993.74.
GuruFocus considers Makuake to be Modestly Undervalued.
Key valuation signals for TSE:4479:
Gross Margin %: 73.27% (near median its 10-year median of 80.75)
GF Value™: 円993.74 vs. price of 円888.00 (10.6% below fair value)
Industry Position: 29.1% above the Asset Management median (#201 of 552)
No single metric tells the full story. See the TSE:4479 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Makuake Inc is engaged in providing support services to the crowdfunding platform Makuake. Its services include Makuake, Makuake Government, Makuake Incubation Studio, Makuake SHOP, and Makuake Store.
74GF Score
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