ASAX CoTSE:8772 +1.25%80 Gross Margin % is 85.61% as of Mar. 2026, which is 8% below its 10-year median of 93.07. GuruFocus rates TSE:8772 with a GF Score™ of 80/100 and a GF Value™ of 円972.41 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 44 Banks companies, ASAX Co ranks better than 86.36% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. ASAX Co's Gross Profit for the
three
months ended in Mar. 2026 was 円1,964 Mil. ASAX Co's Revenue for the
three
months ended in Mar. 2026 was 円2,295 Mil. Therefore, ASAX Co's Gross Margin % for the quarter that ended in Mar. 2026 was 85.61%.
Warning Sign:
ASAX Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.7%.
The historical rank and industry rank for ASAX Co's Gross Margin % or its related term are showing as below:
TSE:8772'
s Gross Margin % Range Over the Past 10 Years
Min: 86.47 Med: 93.07 Max: 94.95
Current: 86.47
During the past 13 years, the highestGross Margin % of ASAX Co was 94.95%. The lowest was 86.47%. And the median was 93.07%.
TSE:8772's Gross Margin % is ranked better than 86.36% of 44
companies
in the Banks industry
Industry Median: 41.015
vs TSE:8772: 86.47
ASAX Co had a gross margin of 85.61% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for ASAX Co was -1.70% per year.
ASAX Co (TSE:8772) 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
ASAX Co had a gross margin of 85.61% 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.
ASAX Co Gross Margin % Related Terms
ASAX Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for ASAX 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:8772 vs RKT, FNMA, PFSI: Gross Margin % Comparison
For the Mortgage Finance subindustry, ASAX 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.
ASAX Co Gross Margin % vs Banks Industry
For the Banks industry and Financial Services sector, ASAX Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where ASAX 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.
ASAX Co (TSE:8772) has a Gross Margin % of 85.61% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on ASAX Co and its competitors. This is near median its historical median of 93.07. Over the past decade, ASAX Co's Gross Margin % has ranged from 86.47 to 94.95. According to the industry distribution chart, ASAX Co ranks #6 out of 44 companies in the Banks industry, placing it in the top 13.6%.
Is ASAX Co's Gross Margin % too high?
ASAX Co's current Gross Margin % of 85.61% is near median its 10-year median of 93.07. Over the past 10 years, this metric has ranged from a low of 86.47 to a high of 94.95. The Banks industry median Gross Margin % is 41.02. ASAX Co's value of 85.61% is 108.7% above this industry median. Based on the distribution chart, ASAX Co ranks #6 out of 44 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, ASAX Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASAX Co's Gross Margin % compare to RKT and FNMA?
According to the Banks industry distribution chart, ASAX Co ranks #6 out of 44 companies for Gross Margin %. This places ASAX Co in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 41.02. ASAX Co's value of 85.61% is 108.7% above this benchmark. Historically, ASAX Co's own Gross Margin % has ranged from 86.47 to 94.95 over the past decade. While the company's 10-year median is 93.07 vs. the industry median of 41.02, ASAX Co 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 Banks company?
The median Gross Margin % among Banks companies is 41.02, based on 44 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. ASAX Co's current Gross Margin % of 85.61% is 108.7% 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 ASAX Co and its competitors. For the Banks industry, the median Gross Margin % is 41.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASAX Co's current Gross Margin % is 85.61%, which is near median its own 10-year median of 93.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASAX Co stock overvalued right now?
Based on GuruFocus' analysis, ASAX Co (TSE:8772) is currently considered Modestly Undervalued. The stock's GF Value™ is 円972.41, compared to a current price of 円813.00 — trading 16.4% below its estimated fair value. The current Gross Margin % is 85.61%, which is near median its 10-year median of 93.07 and 108.7% above the Banks industry median of 41.02. ASAX Co's overall GF Score™ is 80/100 with 3 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 ASAX Co (TSE:8772), the current Gross Margin % is 85.61% 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 ASAX Co (TSE:8772) Overvalued in 2026?
Based on GuruFocus' analysis, ASAX Co stock appears to be undervalued.
The current stock price of 円813.00 is trading 16.4% below its estimated GF Value™ of 円972.41.
GuruFocus considers ASAX Co to be Modestly Undervalued.
Key valuation signals for TSE:8772:
Gross Margin %: 85.61% (near median its 10-year median of 93.07)
GF Value™: 円972.41 vs. price of 円813.00 (16.4% below fair value)
Industry Position: 108.7% above the Banks median (#6 of 44)
No single metric tells the full story. See the TSE:8772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASAX Co Ltd is a real estate secured loan provider. The company provides Real estate secured loans for businesses, Real estate secured loans for individuals, Property sale bridge loan, Real estate purchase/construction loan, and Real Estate agent loans.
80GF Score
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