Laox Holdings CoTSE:8202 -2.01%45 Gross Margin % is 35.26% as of Dec. 2025, which is 14% above its 10-year median of 31.05. GuruFocus rates TSE:8202 with a GF Score™ of 45/100 and a GF Value™ of 円212.84 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Laox Holdings Co ranks worse than 53.19% on this metric.
The historical rank and industry rank for Laox Holdings Co's Gross Margin % or its related term are showing as below:
TSE:8202'
s Gross Margin % Range Over the Past 10 Years
Min: 23.02 Med: 31.05 Max: 40.9
Current: 34.62
During the past 13 years, the highestGross Margin % of Laox Holdings Co was 40.90%. The lowest was 23.02%. And the median was 31.05%.
TSE:8202's Gross Margin % is ranked worse than 53.19% of 1113
companies
in the Retail - Cyclical industry
Industry Median: 36.37
vs TSE:8202: 34.62
Laox Holdings Co had a gross margin of 35.26% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Laox Holdings Co was 9.50% per year.
Laox Holdings Co (TSE:8202) 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
Laox Holdings Co had a gross margin of 35.26% for the quarter that ended in Dec. 2025 => 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.
Laox Holdings Co Gross Margin % Related Terms
Laox Holdings Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Laox Holdings Co'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:8202 vs CASY, WSM, DKS: Gross Margin % Comparison
For the Specialty Retail subindustry, Laox Holdings Co'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.
Laox Holdings Co Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Laox Holdings Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Laox Holdings Co'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.
Laox Holdings Co (TSE:8202) has a Gross Margin % of 35.26% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Laox Holdings Co and its competitors. This is 14% above median its historical median of 31.05. Over the past decade, Laox Holdings Co's Gross Margin % has ranged from 23.02 to 40.90. According to the industry distribution chart, Laox Holdings Co ranks #592 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 53.2%.
Is Laox Holdings Co's Gross Margin % too high?
Laox Holdings Co's current Gross Margin % of 35.26% is 14% above median its 10-year median of 31.05. Over the past 10 years, this metric has ranged from a low of 23.02 to a high of 40.90. The Retail - Cyclical industry median Gross Margin % is 36.37. Laox Holdings Co's value of 35.26% is 3.1% below this industry median. Based on the distribution chart, Laox Holdings Co ranks #592 out of 1113 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Laox Holdings Co has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Laox Holdings Co's Gross Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Laox Holdings Co ranks #592 out of 1113 companies for Gross Margin %. This places Laox Holdings Co in the lower half of its industry. The industry median Gross Margin % is 36.37. Laox Holdings Co's value of 35.26% is 3.1% below this benchmark. Historically, Laox Holdings Co's own Gross Margin % has ranged from 23.02 to 40.90 over the past decade. While the company's 10-year median is 31.05 vs. the industry median of 36.37, Laox Holdings Co 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.37, based on 1,113 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. Laox Holdings Co's current Gross Margin % of 35.26% is 3.1% 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 Laox Holdings Co and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laox Holdings Co's current Gross Margin % is 35.26%, which is 14% above median its own 10-year median of 31.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laox Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Laox Holdings Co (TSE:8202) is currently considered Possible Value Trap. The stock's GF Value™ is 円212.84, compared to a current price of 円146.00 — trading 31.4% below its estimated fair value. The current Gross Margin % is 35.26%, which is 14% above median its 10-year median of 31.05 and 3.1% below the Retail - Cyclical industry median of 36.37. Laox Holdings Co's overall GF Score™ is 45/100 with 8 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 Laox Holdings Co (TSE:8202), the current Gross Margin % is 35.26% as of Dec. 2025. 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 Laox Holdings Co (TSE:8202) Overvalued in 2026?
Based on GuruFocus' analysis, Laox Holdings Co stock appears to be undervalued.
The current stock price of 円146.00 is trading 31.4% below its estimated GF Value™ of 円212.84.
GuruFocus considers Laox Holdings Co to be Possible Value Trap.
Key valuation signals for TSE:8202:
Gross Margin %: 35.26% (14% above median its 10-year median of 31.05)
GF Value™: 円212.84 vs. price of 円146.00 (31.4% below fair value)
Industry Position: 3.1% below the Retail - Cyclical median (#592 of 1113)
No single metric tells the full story. See the TSE:8202 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Laox Holdings Co Ltd is a Japan-based Duty-Free store company. It is engaged in the Gift Solutions, Retail, Trading, and Asset Services. The Retail business includes various products which it sells in real stores and through online sales, Gift Solutions business consists Sales of gift items and lifestyle-related products, and others. The Trading business through the import and export of private label products, etc., and Asset Services Business involves the operation and management of mixed-use commercial facilities, real estate sales and brokerage, and rental property management.
45GF Score
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