Casy Co (TSE:9215) Gross Margin %: 37.64% (As of Nov. 2025) — Near Median


TSE:9215 Casy Co Ltd TSE:9215
69 GF Score
Price 円898.00
GF Value 円1,179.52
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Casy Co Gross Margin %?

Casy Co TSE:9215 +0.67% 69 Gross Margin % is 37.64% as of Nov. 2025, which is 7% above its 10-year median of 35.25. GuruFocus rates TSE:9215 with a GF Score™ of 69/100 and a GF Value™ of 円1,179.52 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,681 Software companies, Casy Co ranks worse than 53.6% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Casy Co's Gross Profit for the three months ended in Nov. 2025 was 円205 Mil. Casy Co's Revenue for the three months ended in Nov. 2025 was 円546 Mil. Therefore, Casy Co's Gross Margin % for the quarter that ended in Nov. 2025 was 37.64%.


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

TSE:9215' s Gross Margin % Range Over the Past 10 Years
Min: 34.89   Med: 35.25   Max: 38.25
Current: 37.4


During the past 7 years, the highest Gross Margin % of Casy Co was 38.25%. The lowest was 34.89%. And the median was 35.25%.

TSE:9215's Gross Margin % is ranked worse than
53.6% of 2681 companies
in the Software industry
Industry Median: 40.41 vs TSE:9215: 37.40

Casy Co had a gross margin of 37.64% for the quarter that ended in Nov. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Casy Co was 1.90% per year.


Casy Co  (TSE:9215) 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

Casy Co had a gross margin of 37.64% for the quarter that ended in Nov. 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.


Casy Co Gross Margin % Related Terms


Casy Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Casy 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.

Casy Co Gross Margin % Chart

Casy Co Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Gross Margin %
Get a 7-Day Free Trial 34.89 35.25 36.26 38.25 37.49

Casy Co Quarterly Data
Nov19 Nov20 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 37.55 37.74 37.03 37.64 37.18

TSE:9215 vs UBER, SHOP, CRM: Gross Margin % Comparison

For the Software - Application subindustry, Casy 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.


Casy Co Gross Margin % vs Software Industry

For the Software industry and Technology sector, Casy Co's Gross Margin % distribution charts can be found below:

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


TSE:9215
69GF Score
Casy Co Ltd TSE:9215
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Casy Co Gross Margin % Calculation

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

Casy Co's Gross Margin for the fiscal year that ended in Nov. 2025 is calculated as

Gross Margin % (A: Nov. 2025 )=Gross Profit (A: Nov. 2025 ) / Revenue (A: Nov. 2025 )
=720.7 / 1922.12
=(Revenue - Cost of Goods Sold) / Revenue
=(1922.12 - 1201.462) / 1922.12
=37.49 %

Casy Co's Gross Margin for the quarter that ended in Nov. 2025 is calculated as


Gross Margin % (Q: Nov. 2025 )=Gross Profit (Q: Nov. 2025 ) / Revenue (Q: Nov. 2025 )
=205.4 / 545.539
=(Revenue - Cost of Goods Sold) / Revenue
=(545.539 - 340.185) / 545.539
=37.64 %

* 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 37.64% mean?
Casy Co (TSE:9215) has a Gross Margin % of 37.64% as of Nov. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Casy Co and its competitors. This is near median its historical median of 35.25. Over the past decade, Casy Co's Gross Margin % has ranged from 34.89 to 38.25. According to the industry distribution chart, Casy Co ranks #1437 out of 2681 companies in the Software industry, placing it in the top 53.6%.
Is Casy Co's Gross Margin % too high?
Casy Co's current Gross Margin % of 37.64% is near median its 10-year median of 35.25. Over the past 10 years, this metric has ranged from a low of 34.89 to a high of 38.25. The Software industry median Gross Margin % is 40.41. Casy Co's value of 37.64% is 6.9% below this industry median. Based on the distribution chart, Casy Co ranks #1437 out of 2681 companies in the Software industry, which is below the industry midpoint. Overall, Casy Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Casy Co's Gross Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, Casy Co ranks #1437 out of 2681 companies for Gross Margin %. This places Casy Co in the lower half of its industry. The industry median Gross Margin % is 40.41. Casy Co's value of 37.64% is 6.9% below this benchmark. Historically, Casy Co's own Gross Margin % has ranged from 34.89 to 38.25 over the past decade. While the company's 10-year median is 35.25 vs. the industry median of 40.41, Casy 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 Software company?
The median Gross Margin % among Software companies is 40.41, based on 2,681 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. Casy Co's current Gross Margin % of 37.64% is 6.9% 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 Casy Co and its competitors. For the Software industry, the median Gross Margin % is 40.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Casy Co's current Gross Margin % is 37.64%, which is near median its own 10-year median of 35.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casy Co stock overvalued right now?
Based on GuruFocus' analysis, Casy Co (TSE:9215) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,179.52, compared to a current price of 円898.00 — trading 23.9% below its estimated fair value. The current Gross Margin % is 37.64%, which is near median its 10-year median of 35.25 and 6.9% below the Software industry median of 40.41. Casy Co's overall GF Score™ is 69/100 with 2 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 Casy Co (TSE:9215), the current Gross Margin % is 37.64% as of Nov. 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 Casy Co (TSE:9215) Overvalued in 2026?

Based on GuruFocus' analysis, Casy Co stock appears to be undervalued. The current stock price of 円898.00 is trading 23.9% below its estimated GF Value™ of 円1,179.52. GuruFocus considers Casy Co to be Modestly Undervalued.

Key valuation signals for TSE:9215:

  • Gross Margin %: 37.64% (near median its 10-year median of 35.25)
  • GF Value™: 円1,179.52 vs. price of 円898.00 (23.9% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 6.9% below the Software median (#1437 of 2681)

No single metric tells the full story. See the TSE:9215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Casy Co Business Description

Address 3-5-11 Kamiosaki, Shinagawa-ku, Tokyo, JPN, 141-0021
Casy Co Ltd is engaged in managing home service platform including housekeeping to create valuable time of life.
69GF Score

Get the complete analysis for TSE:9215

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

円898.00
Price
円1,179.52
GF Value