Copa (TSE:7689) Gross Margin %: 33.00% (As of Feb. 2026) — 10% Below Median

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TSE:7689 Copa Corp Inc TSE:7689
51 GF Score
Price 円303.00
GF Value 円427.23
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Copa Gross Margin %?

Copa TSE:7689 +2.36% 51 Gross Margin % is 33.00% as of Feb. 2026, which is 10% below its 10-year median of 36.56. GuruFocus rates TSE:7689 with a GF Score™ of 51/100 and a GF Value™ of 円427.23 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 944 Media - Diversified companies, Copa ranks worse than 53.6% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Copa's Gross Profit for the six months ended in Feb. 2026 was 円212 Mil. Copa's Revenue for the six months ended in Feb. 2026 was 円643 Mil. Therefore, Copa's Gross Margin % for the quarter that ended in Feb. 2026 was 33.00%.


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

TSE:7689' s Gross Margin % Range Over the Past 10 Years
Min: 32.33   Med: 36.56   Max: 43.34
Current: 36.97


During the past 8 years, the highest Gross Margin % of Copa was 43.34%. The lowest was 32.33%. And the median was 36.56%.

TSE:7689's Gross Margin % is ranked worse than
53.6% of 944 companies
in the Media - Diversified industry
Industry Median: 38.99 vs TSE:7689: 36.97

Copa had a gross margin of 33.00% for the quarter that ended in Feb. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Copa was 2.80% per year.


Copa  (TSE:7689) 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

Copa had a gross margin of 33.00% for the quarter that ended in Feb. 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.


Copa Gross Margin % Related Terms


Copa Gross Margin % Historical Data

* Premium members only.

The historical data trend for Copa'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.

Copa Gross Margin % Chart

Copa Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Feb23 Feb24 Feb25 Feb26
Gross Margin %
Get a 7-Day Free Trial 33.63 36.96 37.05 43.34 36.97

Copa Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 40.64 43.16 43.64 39.21 33.00

TSE:7689 vs APP, OMC, TTD: Gross Margin % Comparison

For the Advertising Agencies subindustry, Copa'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.


Copa Gross Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Copa's Gross Margin % distribution charts can be found below:

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


TSE:7689
51GF Score
Copa Corp Inc TSE:7689
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Copa Gross Margin % Calculation

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

Copa's Gross Margin for the fiscal year that ended in Feb. 2026 is calculated as

Gross Margin % (A: Feb. 2026 )=Gross Profit (A: Feb. 2026 ) / Revenue (A: Feb. 2026 )
=657.8 / 1779.529
=(Revenue - Cost of Goods Sold) / Revenue
=(1779.529 - 1121.725) / 1779.529
=36.97 %

Copa's Gross Margin for the quarter that ended in Feb. 2026 is calculated as


Gross Margin % (Q: Feb. 2026 )=Gross Profit (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=212.3 / 643.261
=(Revenue - Cost of Goods Sold) / Revenue
=(643.261 - 430.992) / 643.261
=33.00 %

* 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 33.00% mean?
Copa (TSE:7689) has a Gross Margin % of 33.00% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Copa and its competitors. This is 10% below median its historical median of 36.56. Over the past decade, Copa's Gross Margin % has ranged from 32.33 to 43.34. According to the industry distribution chart, Copa ranks #506 out of 944 companies in the Media - Diversified industry, placing it in the top 53.6%.
Is Copa's Gross Margin % too high?
Copa's current Gross Margin % of 33.00% is 10% below median its 10-year median of 36.56. Over the past 10 years, this metric has ranged from a low of 32.33 to a high of 43.34. The Media - Diversified industry median Gross Margin % is 38.99. Copa's value of 33.00% is 15.4% below this industry median. Based on the distribution chart, Copa ranks #506 out of 944 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Copa has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Copa's Gross Margin % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Copa ranks #506 out of 944 companies for Gross Margin %. This places Copa in the lower half of its industry. The industry median Gross Margin % is 38.99. Copa's value of 33.00% is 15.4% below this benchmark. Historically, Copa's own Gross Margin % has ranged from 32.33 to 43.34 over the past decade. While the company's 10-year median is 36.56 vs. the industry median of 38.99, Copa 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 38.99, based on 944 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. Copa's current Gross Margin % of 33.00% is 15.4% 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 Copa and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Copa's current Gross Margin % is 33.00%, which is 10% below median its own 10-year median of 36.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Copa stock overvalued right now?
Based on GuruFocus' analysis, Copa (TSE:7689) is currently considered Modestly Undervalued. The stock's GF Value™ is 円427.23, compared to a current price of 円303.00 — trading 29.1% below its estimated fair value. The current Gross Margin % is 33.00%, which is 10% below median its 10-year median of 36.56 and 15.4% below the Media - Diversified industry median of 38.99. Copa's overall GF Score™ is 51/100 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 Copa (TSE:7689), the current Gross Margin % is 33.00% as of Feb. 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 Copa (TSE:7689) Overvalued in 2026?

Based on GuruFocus' analysis, Copa stock appears to be undervalued. The current stock price of 円303.00 is trading 29.1% below its estimated GF Value™ of 円427.23. GuruFocus considers Copa to be Modestly Undervalued.

Key valuation signals for TSE:7689:

  • Gross Margin %: 33.00% (10% below median its 10-year median of 36.56)
  • GF Value™: 円427.23 vs. price of 円303.00 (29.1% below fair value)
  • GF Score™: 51/100 with 1 warning sign
  • Industry Position: 15.4% below the Media - Diversified median (#506 of 944)

No single metric tells the full story. See the TSE:7689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Copa Business Description

Address 2-23-7 Ebisu Minami, Ebisu Park Hills 6th Floor, Shibuya-ku, Tokyo, JPN, 150-0022
Copa Corp Inc is engaged in demonstration sales and wholesale of products, television mail order appearances, online mail order sales, demonstration sales of school courses and temporary staffing, and sales consulting and sales promotion.
51GF Score

Get the complete analysis for TSE:7689

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

円303.00
Price
円427.23
GF Value