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
Project Holdings had a gross margin of N/A% for the quarter that ended in Dec. 2025 => 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.
Project Holdings Gross Margin % Related Terms
Project Holdings Gross Margin % Historical Data
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The historical data trend for Project Holdings'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:9246 vs VRSK, EFX, BAH: Gross Margin % Comparison
For the Consulting Services subindustry, Project Holdings'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.
Project Holdings Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Project Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Project Holdings'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.
Project Holdings (TSE:9246) has a Gross Margin % of 0.00% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Project Holdings and its competitors. Over the past decade, Project Holdings' Gross Margin % has ranged from 33.27 to 47.97. According to the industry distribution chart, Project Holdings ranks #476 out of 1004 companies in the Business Services industry, placing it in the top 47.4%.
Is Project Holdings' Gross Margin % too high?
Project Holdings' current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 33.27 to a high of 47.97. Based on the distribution chart, Project Holdings ranks #476 out of 1004 companies in the Business Services industry, which is above the industry midpoint. Overall, Project Holdings has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Project Holdings' Gross Margin % compare to VRSK and EFX?
According to the Business Services industry distribution chart, Project Holdings ranks #476 out of 1004 companies for Gross Margin %. This puts Project Holdings in the upper half of its industry. The industry median Gross Margin % is 34.48. Historically, Project Holdings' own Gross Margin % has ranged from 33.27 to 47.97 over the past decade. 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.48, based on 1,004 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. 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 Project Holdings and its competitors. For the Business Services industry, the median Gross Margin % is 34.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Project Holdings's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Project Holdings stock overvalued right now?
Based on GuruFocus' analysis, Project Holdings (TSE:9246) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,656.83, compared to a current price of 円1,001.00 — trading 39.6% below its estimated fair value. The current Gross Margin % is 0.00%. Project Holdings' overall GF Score™ is 76/100 with 5 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 Project Holdings (TSE:9246), the current Gross Margin % is 0.00% 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 Project Holdings (TSE:9246) Overvalued in 2026?
Based on GuruFocus' analysis, Project Holdings stock appears to be undervalued.
The current stock price of 円1,001.00 is trading 39.6% below its estimated GF Value™ of 円1,656.83.
GuruFocus considers Project Holdings to be Significantly Undervalued.
Key valuation signals for TSE:9246:
Gross Margin %: 0.00%
GF Value™: 円1,656.83 vs. price of 円1,001.00 (39.6% below fair value)
No single metric tells the full story. See the TSE:9246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Project Holdings Inc is engaged in providing consulting services for new business development and the reform of existing businesses through the use of digital technologies. The company plans digital marketing strategies and improves the UI/UX of smartphone applications. Its services include business solutions, marketing solutions, and UI/UX solutions.
76GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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