NJ Holdings (TSE:9421) Gross Margin %: 23.04% (As of Mar. 2026) — 15% Above Median

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TSE:9421 NJ Holdings Inc TSE:9421
52 GF Score
Price 円506.00
GF Value 円588.44
Valuation Modestly Undervalued
! 1 Warning Sign
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What is NJ Holdings Gross Margin %?

NJ Holdings TSE:9421 +0.60% 52 Gross Margin % is 23.04% as of Mar. 2026, which is 15% above its 10-year median of 19.95. GuruFocus rates TSE:9421 with a GF Score™ of 52/100 and a GF Value™ of 円588.44 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 343 Telecommunication Services companies, NJ Holdings ranks worse than 86.3% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. NJ Holdings's Gross Profit for the three months ended in Mar. 2026 was 円589 Mil. NJ Holdings's Revenue for the three months ended in Mar. 2026 was 円2,554 Mil. Therefore, NJ Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 23.04%.


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

TSE:9421' s Gross Margin % Range Over the Past 10 Years
Min: 9.11   Med: 19.95   Max: 26.98
Current: 21.21


During the past 13 years, the highest Gross Margin % of NJ Holdings was 26.98%. The lowest was 9.11%. And the median was 19.95%.

TSE:9421's Gross Margin % is ranked worse than
86.3% of 343 companies
in the Telecommunication Services industry
Industry Median: 51.5 vs TSE:9421: 21.21

NJ Holdings had a gross margin of 23.04% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for NJ Holdings was 9.70% per year.


NJ Holdings  (TSE:9421) 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

NJ Holdings had a gross margin of 23.04% for the quarter that ended in Mar. 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.


NJ Holdings Gross Margin % Related Terms


NJ Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for NJ 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.

NJ Holdings Gross Margin % Chart

NJ Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.11 14.74 18.19 19.74 21.21

NJ Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 20.05 21.50 23.04 20.14

TSE:9421 vs VZ, TMUS, T: Gross Margin % Comparison

For the Telecom Services subindustry, NJ 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.


NJ Holdings Gross Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NJ Holdings's Gross Margin % distribution charts can be found below:

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


TSE:9421
52GF Score
NJ Holdings Inc TSE:9421
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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NJ Holdings Gross Margin % Calculation

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

NJ Holdings's Gross Margin for the fiscal year that ended in Jun. 2026 is calculated as

Gross Margin % (A: Jun. 2026 )=Gross Profit (A: Jun. 2026 ) / Revenue (A: Jun. 2026 )
=2109.9 / 9949.963
=(Revenue - Cost of Goods Sold) / Revenue
=(9949.963 - 7840.069) / 9949.963
=21.21 %

NJ Holdings's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=588.5 / 2553.95
=(Revenue - Cost of Goods Sold) / Revenue
=(2553.95 - 1965.434) / 2553.95
=23.04 %

* 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 23.04% mean?
NJ Holdings (TSE:9421) has a Gross Margin % of 23.04% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on NJ Holdings and its competitors. This is 15% above median its historical median of 19.95. Over the past decade, NJ Holdings' Gross Margin % has ranged from 9.11 to 26.98. According to the industry distribution chart, NJ Holdings ranks #296 out of 343 companies in the Telecommunication Services industry, placing it in the top 86.3%.
Is NJ Holdings' Gross Margin % too high?
NJ Holdings' current Gross Margin % of 23.04% is 15% above median its 10-year median of 19.95. Over the past 10 years, this metric has ranged from a low of 9.11 to a high of 26.98. The Telecommunication Services industry median Gross Margin % is 51.50. NJ Holdings' value of 23.04% is 55.3% below this industry median. Based on the distribution chart, NJ Holdings ranks #296 out of 343 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, NJ Holdings has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NJ Holdings' Gross Margin % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, NJ Holdings ranks #296 out of 343 companies for Gross Margin %. This places NJ Holdings in the lower half of its industry. The industry median Gross Margin % is 51.50. NJ Holdings' value of 23.04% is 55.3% below this benchmark. Historically, NJ Holdings' own Gross Margin % has ranged from 9.11 to 26.98 over the past decade. While the company's 10-year median is 19.95 vs. the industry median of 51.50, NJ Holdings 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 Telecommunication Services company?
The median Gross Margin % among Telecommunication Services companies is 51.50, based on 343 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. NJ Holdings's current Gross Margin % of 23.04% is 55.3% 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 NJ Holdings and its competitors. For the Telecommunication Services industry, the median Gross Margin % is 51.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NJ Holdings's current Gross Margin % is 23.04%, which is 15% above median its own 10-year median of 19.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NJ Holdings stock overvalued right now?
Based on GuruFocus' analysis, NJ Holdings (TSE:9421) is currently considered Modestly Undervalued. The stock's GF Value™ is 円588.44, compared to a current price of 円506.00 — trading 14% below its estimated fair value. The current Gross Margin % is 23.04%, which is 15% above median its 10-year median of 19.95 and 55.3% below the Telecommunication Services industry median of 51.50. NJ Holdings' overall GF Score™ is 52/100 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 NJ Holdings (TSE:9421), the current Gross Margin % is 23.04% 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 NJ Holdings (TSE:9421) Overvalued in 2026?

Based on GuruFocus' analysis, NJ Holdings stock appears to be undervalued. The current stock price of 円506.00 is trading 14% below its estimated GF Value™ of 円588.44. GuruFocus considers NJ Holdings to be Modestly Undervalued.

Key valuation signals for TSE:9421:

  • Gross Margin %: 23.04% (15% above median its 10-year median of 19.95)
  • GF Value™: 円588.44 vs. price of 円506.00 (14% below fair value)
  • GF Score™: 52/100 with 1 warning sign
  • Industry Position: 55.3% below the Telecommunication Services median (#296 of 343)

No single metric tells the full story. See the TSE:9421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NJ Holdings Business Description

Address 3 Chome-8-2 Shiba, Minato-ku, Tokyo, JPN, 105-0014
NJ Holdings Inc is a Japanese company engaged in the development and operation of games, the dispatch of technical personnel, and the sale of mobile phones.
52GF Score

Get the complete analysis for TSE:9421

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

円506.00
Price
円588.44
GF Value