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Star FlyerTSE:9206 +0.05%49 Gross Margin % is 15.00% as of Mar. 2026, which is 37% above its 10-year median of 10.91. GuruFocus rates TSE:9206 with a GF Score™ of 49/100 and a GF Value™ of 円2,854.64 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 981 Transportation companies, Star Flyer ranks worse than 74.52% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Star Flyer's Gross Profit for the
six
months ended in Mar. 2026 was 円3,501 Mil. Star Flyer's Revenue for the
six
months ended in Mar. 2026 was 円23,344 Mil. Therefore, Star Flyer's Gross Margin % for the quarter that ended in Mar. 2026 was 15.00%.
The historical rank and industry rank for Star Flyer's Gross Margin % or its related term are showing as below:
TSE:9206'
s Gross Margin % Range Over the Past 10 Years
Min: -46.82 Med: 10.91 Max: 19.03
Current: 11.42
During the past 13 years, the highestGross Margin % of Star Flyer was 19.03%. The lowest was -46.82%. And the median was 10.91%.
TSE:9206's Gross Margin % is ranked worse than 74.52% of 981
companies
in the Transportation industry
Industry Median: 20.42
vs TSE:9206: 11.42
Star Flyer had a gross margin of 15.00% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Star Flyer was 0.00% per year.
Star Flyer (TSE:9206) 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
Star Flyer had a gross margin of 15.00% 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.
Star Flyer Gross Margin % Related Terms
Star Flyer Gross Margin % Historical Data
* Premium members only.
The historical data trend for Star Flyer'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:9206 vs DAL, UAL, LUV: Gross Margin % Comparison
For the Airlines subindustry, Star Flyer'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.
Star Flyer Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Star Flyer's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Star Flyer'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.
Star Flyer (TSE:9206) has a Gross Margin % of 15.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Star Flyer and its competitors. This is 37% above median its historical median of 10.91. According to the industry distribution chart, Star Flyer ranks #731 out of 981 companies in the Transportation industry, placing it in the top 74.5%.
Is Star Flyer's Gross Margin % too high?
Star Flyer's current Gross Margin % of 15.00% is 37% above median its 10-year median of 10.91. The Transportation industry median Gross Margin % is 20.42. Star Flyer's value of 15.00% is 26.5% below this industry median. Based on the distribution chart, Star Flyer ranks #731 out of 981 companies in the Transportation industry, which is below the industry midpoint. Overall, Star Flyer has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Flyer's Gross Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Star Flyer ranks #731 out of 981 companies for Gross Margin %. This places Star Flyer in the lower half of its industry. The industry median Gross Margin % is 20.42. Star Flyer's value of 15.00% is 26.5% below this benchmark. While the company's 10-year median is 10.91 vs. the industry median of 20.42, Star Flyer 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 981 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. Star Flyer's current Gross Margin % of 15.00% is 26.5% 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 Star Flyer and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Flyer's current Gross Margin % is 15.00%, which is 37% above median its own 10-year median of 10.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Flyer stock overvalued right now?
Based on GuruFocus' analysis, Star Flyer (TSE:9206) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,854.64, compared to a current price of 円1,924.00 — trading 32.6% below its estimated fair value. The current Gross Margin % is 15.00%, which is 37% above median its 10-year median of 10.91 and 26.5% below the Transportation industry median of 20.42. Star Flyer's overall GF Score™ is 49/100 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 Star Flyer (TSE:9206), the current Gross Margin % is 15.00% 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 Star Flyer (TSE:9206) Overvalued in 2026?
Based on GuruFocus' analysis, Star Flyer stock appears to be undervalued.
The current stock price of 円1,924.00 is trading 32.6% below its estimated GF Value™ of 円2,854.64.
GuruFocus considers Star Flyer to be Significantly Undervalued.
Key valuation signals for TSE:9206:
Gross Margin %: 15.00% (37% above median its 10-year median of 10.91)
GF Value™: 円2,854.64 vs. price of 円1,924.00 (32.6% below fair value)
Industry Position: 26.5% below the Transportation median (#731 of 981)
No single metric tells the full story. See the TSE:9206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Star Flyer Inc operates as an airline carrier in the aviation industry. The company provides air transportation services for passengers, baggage, and cargo. Star Flyer also offers shuttle services between key Japanese cities.
49GF Score
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