FJ Next Holdings CoTSE:8935 -0.89%93 Gross Margin % is 19.43% as of Mar. 2026, which is 17% below its 10-year median of 23.47. GuruFocus rates TSE:8935 with a GF Score™ of 93/100 and a GF Value™ of 円1,815.73 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,644 Real Estate companies, FJ Next Holdings Co ranks worse than 77.37% on this metric.
FJ Next Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.5%.
The historical rank and industry rank for FJ Next Holdings Co's Gross Margin % or its related term are showing as below:
TSE:8935'
s Gross Margin % Range Over the Past 10 Years
Min: 18.36 Med: 23.47 Max: 25.68
Current: 18.87
During the past 13 years, the highestGross Margin % of FJ Next Holdings Co was 25.68%. The lowest was 18.36%. And the median was 23.47%.
TSE:8935's Gross Margin % is ranked worse than 77.37% of 1644
companies
in the Real Estate industry
Industry Median: 36.96
vs TSE:8935: 18.87
FJ Next Holdings Co had a gross margin of 19.43% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for FJ Next Holdings Co was -5.50% per year.
FJ Next Holdings Co (TSE:8935) 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
FJ Next Holdings Co had a gross margin of 19.43% 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.
FJ Next Holdings Co Gross Margin % Related Terms
FJ Next Holdings Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for FJ Next 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.
FJ Next Holdings Co Gross Margin % Competitor Comparison
For the Real Estate - Diversified subindustry, FJ Next 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.
FJ Next Holdings Co Gross Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, FJ Next Holdings Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where FJ Next 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.
FJ Next Holdings Co (TSE:8935) has a Gross Margin % of 19.43% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on FJ Next Holdings Co and its competitors. This is 17% below median its historical median of 23.47. Over the past decade, FJ Next Holdings Co's Gross Margin % has ranged from 18.36 to 25.68. According to the industry distribution chart, FJ Next Holdings Co ranks #1272 out of 1644 companies in the Real Estate industry, placing it in the top 77.4%.
Is FJ Next Holdings Co's Gross Margin % too high?
FJ Next Holdings Co's current Gross Margin % of 19.43% is 17% below median its 10-year median of 23.47. Over the past 10 years, this metric has ranged from a low of 18.36 to a high of 25.68. The Real Estate industry median Gross Margin % is 36.96. FJ Next Holdings Co's value of 19.43% is 47.4% below this industry median. Based on the distribution chart, FJ Next Holdings Co ranks #1272 out of 1644 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, FJ Next Holdings Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FJ Next Holdings Co's Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, FJ Next Holdings Co ranks #1272 out of 1644 companies for Gross Margin %. This places FJ Next Holdings Co in the lower half of its industry. The industry median Gross Margin % is 36.96. FJ Next Holdings Co's value of 19.43% is 47.4% below this benchmark. Historically, FJ Next Holdings Co's own Gross Margin % has ranged from 18.36 to 25.68 over the past decade. While the company's 10-year median is 23.47 vs. the industry median of 36.96, FJ Next 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,644 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. FJ Next Holdings Co's current Gross Margin % of 19.43% is 47.4% 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 FJ Next Holdings Co and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FJ Next Holdings Co's current Gross Margin % is 19.43%, which is 17% below median its own 10-year median of 23.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FJ Next Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, FJ Next Holdings Co (TSE:8935) is currently considered Fairly Valued. The stock's GF Value™ is 円1,815.73, compared to a current price of 円1,780.00 — trading 2% below its estimated fair value. The current Gross Margin % is 19.43%, which is 17% below median its 10-year median of 23.47 and 47.4% below the Real Estate industry median of 36.96. FJ Next Holdings Co's overall GF Score™ is 93/100 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 FJ Next Holdings Co (TSE:8935), the current Gross Margin % is 19.43% 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 FJ Next Holdings Co (TSE:8935) Overvalued in 2026?
Based on GuruFocus' analysis, FJ Next Holdings Co stock appears to be undervalued.
The current stock price of 円1,780.00 is trading 2% below its estimated GF Value™ of 円1,815.73.
GuruFocus considers FJ Next Holdings Co to be Fairly Valued.
Key valuation signals for TSE:8935:
Gross Margin %: 19.43% (17% below median its 10-year median of 23.47)
GF Value™: 円1,815.73 vs. price of 円1,780.00 (2% below fair value)
Industry Position: 47.4% below the Real Estate median (#1272 of 1644)
No single metric tells the full story. See the TSE:8935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FJ Next Holdings Co Ltd operates in the real estate sector in Japan. Along with its subsidiaries, the company operates in the following reportable segments: Real Estate Development, Real Estate Management, Construction, Hotel, and others. The majority of its revenue is generated from the Real Estate Development business, which is engaged in the development, sales, and marketing of studio apartments, resort properties, and family apartments (Gala Mansion Series and Gala Residencies) mainly in the Tokyo metropolitan area. In addition, this segment also offers rental recruitment and real estate brokerage services.
93GF Score
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