Business Engineering (TSE:4828) Gross Margin %: 44.80% (As of Mar. 2026) — 40% Above Median

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TSE:4828 Business Engineering Corp TSE:4828
85 GF Score
Price 円1,225.00
GF Value 円1,037.19
Valuation Modestly Overvalued
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What is Business Engineering Gross Margin %?

Business Engineering TSE:4828 +0.66% 85 Gross Margin % is 44.80% as of Mar. 2026, which is 40% above its 10-year median of 32.04. GuruFocus rates TSE:4828 with a GF Score™ of 85/100 and a GF Value™ of 円1,037.19 (Modestly Overvalued). Among 2,689 Software companies, Business Engineering ranks better than 56.04% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Business Engineering's Gross Profit for the three months ended in Mar. 2026 was 円2,627 Mil. Business Engineering's Revenue for the three months ended in Mar. 2026 was 円5,863 Mil. Therefore, Business Engineering's Gross Margin % for the quarter that ended in Mar. 2026 was 44.80%.


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

TSE:4828' s Gross Margin % Range Over the Past 10 Years
Min: 29.43   Med: 32.04   Max: 45.64
Current: 45.64


During the past 13 years, the highest Gross Margin % of Business Engineering was 45.64%. The lowest was 29.43%. And the median was 32.04%.

TSE:4828's Gross Margin % is ranked better than
56.04% of 2689 companies
in the Software industry
Industry Median: 40.54 vs TSE:4828: 45.64

Business Engineering had a gross margin of 44.80% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Business Engineering was 8.60% per year.


Business Engineering  (TSE:4828) 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

Business Engineering had a gross margin of 44.80% 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.


Business Engineering Gross Margin % Related Terms


Business Engineering Gross Margin % Historical Data

* Premium members only.

The historical data trend for Business Engineering'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.

Business Engineering Gross Margin % Chart

Business Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.12 37.80 40.28 43.76 45.64

Business Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 40.78 47.05 44.52 46.19 44.80

TSE:4828 vs QH, SHOP, UBER: Gross Margin % Comparison

For the Software - Application subindustry, Business Engineering'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.


Business Engineering Gross Margin % vs Software Industry

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

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


TSE:4828
85GF Score
Business Engineering Corp TSE:4828
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Business Engineering Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Business Engineering's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=11156.2 / 24442.721
=(Revenue - Cost of Goods Sold) / Revenue
=(24442.721 - 13286.483) / 24442.721
=45.64 %

Business Engineering's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2626.6 / 5862.76
=(Revenue - Cost of Goods Sold) / Revenue
=(5862.76 - 3236.196) / 5862.76
=44.80 %

* 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 44.80% mean?
Business Engineering (TSE:4828) has a Gross Margin % of 44.80% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Business Engineering and its competitors. This is 40% above median its historical median of 32.04. Over the past decade, Business Engineering's Gross Margin % has ranged from 29.43 to 45.64. According to the industry distribution chart, Business Engineering ranks #1182 out of 2689 companies in the Software industry, placing it in the top 44%.
Is Business Engineering's Gross Margin % too high?
Business Engineering's current Gross Margin % of 44.80% is 40% above median its 10-year median of 32.04. Over the past 10 years, this metric has ranged from a low of 29.43 to a high of 45.64. The Software industry median Gross Margin % is 40.54. Business Engineering's value of 44.80% is 10.5% above this industry median. Based on the distribution chart, Business Engineering ranks #1182 out of 2689 companies in the Software industry, which is above the industry midpoint. Overall, Business Engineering has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Business Engineering's Gross Margin % compare to QH and SHOP?
According to the Software industry distribution chart, Business Engineering ranks #1182 out of 2689 companies for Gross Margin %. This puts Business Engineering in the upper half of its industry. The industry median Gross Margin % is 40.54. Business Engineering's value of 44.80% is 10.5% above this benchmark. Historically, Business Engineering's own Gross Margin % has ranged from 29.43 to 45.64 over the past decade. While the company's 10-year median is 32.04 vs. the industry median of 40.54, Business Engineering 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 a Software company?
The median Gross Margin % among Software companies is 40.54, based on 2,689 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. Business Engineering's current Gross Margin % of 44.80% is 10.5% 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 Business Engineering and its competitors. For the Software industry, the median Gross Margin % is 40.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Business Engineering's current Gross Margin % is 44.80%, which is 40% above median its own 10-year median of 32.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Business Engineering stock overvalued right now?
Based on GuruFocus' analysis, Business Engineering (TSE:4828) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,037.19, compared to a current price of 円1,225.00 — trading 18.1% above its estimated fair value. The current Gross Margin % is 44.80%, which is 40% above median its 10-year median of 32.04 and 10.5% above the Software industry median of 40.54. Business Engineering's overall GF Score™ is 85/100. 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 Business Engineering (TSE:4828), the current Gross Margin % is 44.80% 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 Business Engineering (TSE:4828) Overvalued in 2026?

Based on GuruFocus' analysis, Business Engineering stock appears to be overvalued. The current stock price of 円1,225.00 is trading 18.1% above its estimated GF Value™ of 円1,037.19. GuruFocus considers Business Engineering to be Modestly Overvalued.

Key valuation signals for TSE:4828:

  • Gross Margin %: 44.80% (40% above median its 10-year median of 32.04)
  • GF Value™: 円1,037.19 vs. price of 円1,225.00 (18.1% above fair value)
  • GF Score™: 85/100
  • Industry Position: 10.5% above the Software median (#1182 of 2689)

No single metric tells the full story. See the TSE:4828 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Business Engineering Business Description

Address 1-8-1 Otemachi, Chiyoda-ku, KDDI Otemachi Building, Tokyo, JPN, 100-0004
Business Engineering Corp is a Japan-based company engaged in providing enterprise software solutions. The solutions offered by the company include Wide line up solutions, Oracle, Mcframe, Mcframe cloud, Global MES, SAP, Mcframe motion VR learning.
85GF Score

Get the complete analysis for TSE:4828

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

円1,225.00
Price
円1,037.19
GF Value