Keihan Holdings Co (TSE:9045) Gross Margin %: 30.56% (As of Sep. 2025) — 31% Above Median


TSE:9045 Keihan Holdings Co Ltd TSE:9045
74 GF Score
Price 円3,098.00
GF Value 円3,901.25
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Keihan Holdings Co Gross Margin %?

Keihan Holdings Co TSE:9045 -2.64% 74 Gross Margin % is 30.56% as of Sep. 2025, which is 31% above its 10-year median of 23.36. GuruFocus rates TSE:9045 with a GF Score™ of 74/100 and a GF Value™ of 円3,901.25 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 513 Conglomerates companies, Keihan Holdings Co ranks better than 61.21% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Keihan Holdings Co's Gross Profit for the three months ended in Sep. 2025 was 円21,865 Mil. Keihan Holdings Co's Revenue for the three months ended in Sep. 2025 was 円71,538 Mil. Therefore, Keihan Holdings Co's Gross Margin % for the quarter that ended in Sep. 2025 was 30.56%.


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

TSE:9045' s Gross Margin % Range Over the Past 10 Years
Min: 16.03   Med: 23.36   Max: 30.51
Current: 30.51


During the past 13 years, the highest Gross Margin % of Keihan Holdings Co was 30.51%. The lowest was 16.03%. And the median was 23.36%.

TSE:9045's Gross Margin % is ranked better than
61.21% of 513 companies
in the Conglomerates industry
Industry Median: 25.96 vs TSE:9045: 30.51

Keihan Holdings Co had a gross margin of 30.56% for the quarter that ended in Sep. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Keihan Holdings Co was 7.90% per year.


Keihan Holdings Co  (TSE:9045) 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

Keihan Holdings Co had a gross margin of 30.56% for the quarter that ended in Sep. 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.


Keihan Holdings Co Gross Margin % Related Terms


Keihan Holdings Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Keihan 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.

Keihan Holdings Co Gross Margin % Chart

Keihan Holdings Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.03 20.87 24.44 26.15 29.28

Keihan Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 34.93 24.11 34.29 30.56 33.33

TSE:9045 vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, Keihan 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.


Keihan Holdings Co Gross Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Keihan Holdings Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Keihan Holdings Co's Gross Margin % falls into.


TSE:9045
74GF Score
Keihan Holdings Co Ltd TSE:9045
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Keihan Holdings Co Gross Margin % Calculation

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

Keihan Holdings Co's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=91805 / 313546
=(Revenue - Cost of Goods Sold) / Revenue
=(313546 - 221741) / 313546
=29.28 %

Keihan Holdings Co's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=21865 / 71538
=(Revenue - Cost of Goods Sold) / Revenue
=(71538 - 49673) / 71538
=30.56 %

* 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 30.56% mean?
Keihan Holdings Co (TSE:9045) has a Gross Margin % of 30.56% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Keihan Holdings Co and its competitors. This is 31% above median its historical median of 23.36. Over the past decade, Keihan Holdings Co's Gross Margin % has ranged from 16.03 to 30.51. According to the industry distribution chart, Keihan Holdings Co ranks #199 out of 513 companies in the Conglomerates industry, placing it in the top 38.8%.
Is Keihan Holdings Co's Gross Margin % too high?
Keihan Holdings Co's current Gross Margin % of 30.56% is 31% above median its 10-year median of 23.36. Over the past 10 years, this metric has ranged from a low of 16.03 to a high of 30.51. The Conglomerates industry median Gross Margin % is 25.96. Keihan Holdings Co's value of 30.56% is 17.7% above this industry median. Based on the distribution chart, Keihan Holdings Co ranks #199 out of 513 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Keihan Holdings Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Keihan Holdings Co's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Keihan Holdings Co ranks #199 out of 513 companies for Gross Margin %. This puts Keihan Holdings Co in the upper half of its industry. The industry median Gross Margin % is 25.96. Keihan Holdings Co's value of 30.56% is 17.7% above this benchmark. Historically, Keihan Holdings Co's own Gross Margin % has ranged from 16.03 to 30.51 over the past decade. While the company's 10-year median is 23.36 vs. the industry median of 25.96, Keihan Holdings 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.96, based on 513 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. Keihan Holdings Co's current Gross Margin % of 30.56% is 17.7% 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 Keihan Holdings Co and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keihan Holdings Co's current Gross Margin % is 30.56%, which is 31% above median its own 10-year median of 23.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keihan Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Keihan Holdings Co (TSE:9045) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,901.25, compared to a current price of 円3,098.00 — trading 20.6% below its estimated fair value. The current Gross Margin % is 30.56%, which is 31% above median its 10-year median of 23.36 and 17.7% above the Conglomerates industry median of 25.96. Keihan Holdings Co's overall GF Score™ is 74/100 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 Keihan Holdings Co (TSE:9045), the current Gross Margin % is 30.56% as of Sep. 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 Keihan Holdings Co (TSE:9045) Overvalued in 2026?

Based on GuruFocus' analysis, Keihan Holdings Co stock appears to be undervalued. The current stock price of 円3,098.00 is trading 20.6% below its estimated GF Value™ of 円3,901.25. GuruFocus considers Keihan Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:9045:

  • Gross Margin %: 30.56% (31% above median its 10-year median of 23.36)
  • GF Value™: 円3,901.25 vs. price of 円3,098.00 (20.6% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 17.7% above the Conglomerates median (#199 of 513)

No single metric tells the full story. See the TSE:9045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keihan Holdings Co Business Description

Address 1-7-31 Otemae, Chuo-ku, Osaka, JPN, 540-6591
Keihan Holdings Co Ltd is a Japanese conglomerate engaged in transportation, real estate, distribution, leisure, and other related businesses. The company operates through four segments. The Distribution segment manages department stores, shops, and malls. The Leisure and Service Industry segment covers hotels and sightseeing boats. The Real Estate segment handles sales, leasing, building materials, and design, and the Transportation segment operates railways and buses. Other Businesses include the operation of GOOD NATURE STATION, a commercial complex focused on sustainable experiences. It generates the majority of its revenue from the Real estate business segment.
74GF Score

Get the complete analysis for TSE:9045

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

円3,098.00
Price
円3,901.25
GF Value