Nice (TSE:8089) Gross Margin %: 14.02% (As of Mar. 2026) — Near Median

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TSE:8089 Nice Corp TSE:8089
61 GF Score
Price 円1,913.00
GF Value 円1,870.00
Valuation Fairly Valued
! 4 Warning Signs
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What is Nice Gross Margin %?

Nice TSE:8089 -0.21% 61 Gross Margin % is 14.02% as of Mar. 2026, which is 0% above its 10-year median of 13.96. GuruFocus rates TSE:8089 with a GF Score™ of 61/100 and a GF Value™ of 円1,870.00 (Fairly Valued). The stock has 4 warning signs investors should review. Among 155 Industrial Distribution companies, Nice ranks worse than 80% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Nice's Gross Profit for the six months ended in Mar. 2026 was 円19,560 Mil. Nice's Revenue for the six months ended in Mar. 2026 was 円139,544 Mil. Therefore, Nice's Gross Margin % for the quarter that ended in Mar. 2026 was 14.02%.

Warning Sign:

Nice Corp gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


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

TSE:8089' s Gross Margin % Range Over the Past 10 Years
Min: 12.36   Med: 13.96   Max: 16.22
Current: 13.98


During the past 13 years, the highest Gross Margin % of Nice was 16.22%. The lowest was 12.36%. And the median was 13.96%.

TSE:8089's Gross Margin % is ranked worse than
80% of 155 companies
in the Industrial Distribution industry
Industry Median: 24.34 vs TSE:8089: 13.98

Nice had a gross margin of 14.02% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nice was -1.90% per year.


Nice  (TSE:8089) 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

Nice had a gross margin of 14.02% for the quarter that ended in Mar. 2026 => 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.


Nice Gross Margin % Related Terms


Nice Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nice'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.

Nice Gross Margin % Chart

Nice 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 16.22 13.57 14.32 14.27 13.98

Nice Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 14.79 13.68 14.72 13.93 14.02

TSE:8089 vs GWW, FAST, FERG: Gross Margin % Comparison

For the Industrial Distribution subindustry, Nice'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.


Nice Gross Margin % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Nice's Gross Margin % distribution charts can be found below:

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


TSE:8089
61GF Score
Nice Corp TSE:8089
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nice Gross Margin % Calculation

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

Nice'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 )
=36222 / 259154
=(Revenue - Cost of Goods Sold) / Revenue
=(259154 - 222932) / 259154
=13.98 %

Nice'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 )
=19560 / 139544
=(Revenue - Cost of Goods Sold) / Revenue
=(139544 - 119984) / 139544
=14.02 %

* 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 14.02% mean?
Nice (TSE:8089) has a Gross Margin % of 14.02% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nice and its competitors. This is near median its historical median of 13.96. Over the past decade, Nice's Gross Margin % has ranged from 12.36 to 16.22. According to the industry distribution chart, Nice ranks #124 out of 155 companies in the Industrial Distribution industry, placing it in the top 80%.
Is Nice's Gross Margin % too high?
Nice's current Gross Margin % of 14.02% is near median its 10-year median of 13.96. Over the past 10 years, this metric has ranged from a low of 12.36 to a high of 16.22. The Industrial Distribution industry median Gross Margin % is 24.34. Nice's value of 14.02% is 42.4% below this industry median. Based on the distribution chart, Nice ranks #124 out of 155 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Nice has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nice's Gross Margin % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Nice ranks #124 out of 155 companies for Gross Margin %. This places Nice in the lower half of its industry. The industry median Gross Margin % is 24.34. Nice's value of 14.02% is 42.4% below this benchmark. Historically, Nice's own Gross Margin % has ranged from 12.36 to 16.22 over the past decade. While the company's 10-year median is 13.96 vs. the industry median of 24.34, Nice 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 an Industrial Distribution company?
The median Gross Margin % among Industrial Distribution companies is 24.34, based on 155 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. Nice's current Gross Margin % of 14.02% is 42.4% 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 Nice and its competitors. For the Industrial Distribution industry, the median Gross Margin % is 24.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nice's current Gross Margin % is 14.02%, which is near median its own 10-year median of 13.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nice stock overvalued right now?
Based on GuruFocus' analysis, Nice (TSE:8089) is currently considered Fairly Valued. The stock's GF Value™ is 円1,870.00, compared to a current price of 円1,913.00 — trading 2.3% above its estimated fair value. The current Gross Margin % is 14.02%, which is near median its 10-year median of 13.96 and 42.4% below the Industrial Distribution industry median of 24.34. Nice's overall GF Score™ is 61/100 with 4 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 Nice (TSE:8089), the current Gross Margin % is 14.02% 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 Nice (TSE:8089) Overvalued in 2026?

Based on GuruFocus' analysis, Nice stock appears to be overvalued. The current stock price of 円1,913.00 is trading 2.3% above its estimated GF Value™ of 円1,870.00. GuruFocus considers Nice to be Fairly Valued.

Key valuation signals for TSE:8089:

  • Gross Margin %: 14.02% (near median its 10-year median of 13.96)
  • GF Value™: 円1,870.00 vs. price of 円1,913.00 (2.3% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 42.4% below the Industrial Distribution median (#124 of 155)

No single metric tells the full story. See the TSE:8089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nice Business Description

Address 4-33-1, Tsurumichuo, Tsurumi-ku, Kanagawa Nice Building 8th Floor, Yokohama, JPN, 230-8571
Nice Corp is engaged in the business related to housing. Principally, it is involved in the supply and sale of timber and construction materials and promotion of wooden buildings. The company offers timber products, structural frames, construction materials, housing equipment, and imported home products for material and furniture companies. Additionally, it is also into real estate agency business.
61GF Score

Get the complete analysis for TSE:8089

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

円1,913.00
Price
円1,870.00
GF Value