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
Invincible Investment had a gross margin of 73.60% for the quarter that ended in Dec. 2025 => 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.
Invincible Investment Gross Margin % Related Terms
Invincible Investment Gross Margin % Historical Data
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The historical data trend for Invincible Investment'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:8963 vs HST, RHP, APLE: Gross Margin % Comparison
For the REIT - Hotel & Motel subindustry, Invincible Investment'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.
Invincible Investment Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Invincible Investment's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Invincible Investment'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.
Invincible Investment (TSE:8963) has a Gross Margin % of 73.60% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Invincible Investment and its competitors. This is 11% above median its historical median of 66.48. Over the past decade, Invincible Investment's Gross Margin % has ranged from 22.23 to 80.05. According to the industry distribution chart, Invincible Investment ranks #279 out of 681 companies in the REITs industry, placing it in the top 41%.
Is Invincible Investment's Gross Margin % too high?
Invincible Investment's current Gross Margin % of 73.60% is 11% above median its 10-year median of 66.48. Over the past 10 years, this metric has ranged from a low of 22.23 to a high of 80.05. The REITs industry median Gross Margin % is 69.62. Invincible Investment's value of 73.60% is 5.7% above this industry median. Based on the distribution chart, Invincible Investment ranks #279 out of 681 companies in the REITs industry, which is above the industry midpoint. Overall, Invincible Investment has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Invincible Investment's Gross Margin % compare to HST and RHP?
According to the REITs industry distribution chart, Invincible Investment ranks #279 out of 681 companies for Gross Margin %. This puts Invincible Investment in the upper half of its industry. The industry median Gross Margin % is 69.62. Invincible Investment's value of 73.60% is 5.7% above this benchmark. Historically, Invincible Investment's own Gross Margin % has ranged from 22.23 to 80.05 over the past decade. While the company's 10-year median is 66.48 vs. the industry median of 69.62, Invincible Investment 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 REITs company?
The median Gross Margin % among REITs companies is 69.62, based on 681 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. Invincible Investment's current Gross Margin % of 73.60% is 5.7% 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 Invincible Investment and its competitors. For the REITs industry, the median Gross Margin % is 69.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Invincible Investment's current Gross Margin % is 73.60%, which is 11% above median its own 10-year median of 66.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invincible Investment stock overvalued right now?
Based on GuruFocus' analysis, Invincible Investment (TSE:8963) is currently considered Possible Value Trap. The stock's GF Value™ is 円86,471.81, compared to a current price of 円59,800.00 — trading 30.8% below its estimated fair value. The current Gross Margin % is 73.60%, which is 11% above median its 10-year median of 66.48 and 5.7% above the REITs industry median of 69.62. Invincible Investment's overall GF Score™ is 68/100 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 Invincible Investment (TSE:8963), the current Gross Margin % is 73.60% 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 Invincible Investment (TSE:8963) Overvalued in 2026?
Based on GuruFocus' analysis, Invincible Investment stock appears to be undervalued.
The current stock price of 円59,800.00 is trading 30.8% below its estimated GF Value™ of 円86,471.81.
GuruFocus considers Invincible Investment to be Possible Value Trap.
Key valuation signals for TSE:8963:
Gross Margin %: 73.60% (11% above median its 10-year median of 66.48)
GF Value™: 円86,471.81 vs. price of 円59,800.00 (30.8% below fair value)
Industry Position: 5.7% above the REITs median (#279 of 681)
No single metric tells the full story. See the TSE:8963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Invincible Investment Corp is a real estate investment corporation. The company is an investment REIT focusing on the Tokyo metropolitan area and on residential properties.
68GF Score
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