Nareru Group (TSE:9163) Gross Margin %: 24.42% (As of Apr. 2026) — 11% Below Median


TSE:9163 Nareru Group Inc TSE:9163
55 GF Score
Price 円2,302.00
GF Value 円3,051.54
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Nareru Group Gross Margin %?

Nareru Group TSE:9163 +0.79% 55 Gross Margin % is 24.42% as of Apr. 2026, which is 11% below its 10-year median of 27.49. GuruFocus rates TSE:9163 with a GF Score™ of 55/100 and a GF Value™ of 円3,051.54 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,722 Construction companies, Nareru Group ranks better than 58.94% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Nareru Group's Gross Profit for the three months ended in Apr. 2026 was 円1,561 Mil. Nareru Group's Revenue for the three months ended in Apr. 2026 was 円6,393 Mil. Therefore, Nareru Group's Gross Margin % for the quarter that ended in Apr. 2026 was 24.42%.


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

TSE:9163' s Gross Margin % Range Over the Past 10 Years
Min: 25.05   Med: 27.49   Max: 29.09
Current: 25.05


During the past 6 years, the highest Gross Margin % of Nareru Group was 29.09%. The lowest was 25.05%. And the median was 27.49%.

TSE:9163's Gross Margin % is ranked better than
58.94% of 1722 companies
in the Construction industry
Industry Median: 20.715 vs TSE:9163: 25.05

Nareru Group had a gross margin of 24.42% for the quarter that ended in Apr. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Nareru Group was 0.00% per year.


Nareru Group  (TSE:9163) 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

Nareru Group had a gross margin of 24.42% for the quarter that ended in Apr. 2026 => 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.


Nareru Group Gross Margin % Related Terms


Nareru Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nareru Group'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.

Nareru Group Gross Margin % Chart

Nareru Group Annual Data
Trend Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Gross Margin %
Get a 7-Day Free Trial 27.42 29.09 28.73 27.49 25.82

Nareru Group Quarterly Data
Oct20 Oct21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 25.32 24.24 26.22 24.42

TSE:9163 vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Nareru Group'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.


Nareru Group Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Nareru Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nareru Group's Gross Margin % falls into.


TSE:9163
55GF Score
Nareru Group Inc TSE:9163
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nareru Group Gross Margin % Calculation

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

Nareru Group's Gross Margin for the fiscal year that ended in Oct. 2025 is calculated as

Gross Margin % (A: Oct. 2025 )=Gross Profit (A: Oct. 2025 ) / Revenue (A: Oct. 2025 )
=6237.6 / 24158.934
=(Revenue - Cost of Goods Sold) / Revenue
=(24158.934 - 17921.29) / 24158.934
=25.82 %

Nareru Group's Gross Margin for the quarter that ended in Apr. 2026 is calculated as


Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=1560.9 / 6392.675
=(Revenue - Cost of Goods Sold) / Revenue
=(6392.675 - 4831.793) / 6392.675
=24.42 %

* 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 24.42% mean?
Nareru Group (TSE:9163) has a Gross Margin % of 24.42% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nareru Group and its competitors. This is 11% below median its historical median of 27.49. Over the past decade, Nareru Group's Gross Margin % has ranged from 25.05 to 29.09. According to the industry distribution chart, Nareru Group ranks #707 out of 1722 companies in the Construction industry, placing it in the top 41.1%.
Is Nareru Group's Gross Margin % too high?
Nareru Group's current Gross Margin % of 24.42% is 11% below median its 10-year median of 27.49. Over the past 10 years, this metric has ranged from a low of 25.05 to a high of 29.09. The Construction industry median Gross Margin % is 20.72. Nareru Group's value of 24.42% is 17.9% above this industry median. Based on the distribution chart, Nareru Group ranks #707 out of 1722 companies in the Construction industry, which is above the industry midpoint. Overall, Nareru Group has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nareru Group's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Nareru Group ranks #707 out of 1722 companies for Gross Margin %. This puts Nareru Group in the upper half of its industry. The industry median Gross Margin % is 20.72. Nareru Group's value of 24.42% is 17.9% above this benchmark. Historically, Nareru Group's own Gross Margin % has ranged from 25.05 to 29.09 over the past decade. While the company's 10-year median is 27.49 vs. the industry median of 20.72, Nareru Group 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 Construction company?
The median Gross Margin % among Construction companies is 20.72, based on 1,722 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. Nareru Group's current Gross Margin % of 24.42% is 17.9% 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 Nareru Group and its competitors. For the Construction industry, the median Gross Margin % is 20.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nareru Group's current Gross Margin % is 24.42%, which is 11% below median its own 10-year median of 27.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nareru Group stock overvalued right now?
Based on GuruFocus' analysis, Nareru Group (TSE:9163) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,051.54, compared to a current price of 円2,302.00 — trading 24.6% below its estimated fair value. The current Gross Margin % is 24.42%, which is 11% below median its 10-year median of 27.49 and 17.9% above the Construction industry median of 20.72. Nareru Group's overall GF Score™ is 55/100 with 1 warning sign 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 Nareru Group (TSE:9163), the current Gross Margin % is 24.42% as of Apr. 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 Nareru Group (TSE:9163) Overvalued in 2026?

Based on GuruFocus' analysis, Nareru Group stock appears to be undervalued. The current stock price of 円2,302.00 is trading 24.6% below its estimated GF Value™ of 円3,051.54. GuruFocus considers Nareru Group to be Modestly Undervalued.

Key valuation signals for TSE:9163:

  • Gross Margin %: 24.42% (11% below median its 10-year median of 27.49)
  • GF Value™: 円3,051.54 vs. price of 円2,302.00 (24.6% below fair value)
  • GF Score™: 55/100 with 1 warning sign
  • Industry Position: 17.9% above the Construction median (#707 of 1722)

No single metric tells the full story. See the TSE:9163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nareru Group Business Description

Address 3-5 Nibancho, 3rd Floor, Kojimachi Mitsuha Building, Chiyoda-ku, Tokyo, JPN, 102-0084
Nareru Group Inc is engaged in the Dispatching service of construction engineers and computer engineers. The company provides services in the areas of architecture, civil engineering, air conditioning and sanitary, and electrical equipment.
55GF Score

Get the complete analysis for TSE:9163

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

円2,302.00
Price
円3,051.54
GF Value