Forval RealStraight (TSE:9423) Gross Margin %: 35.47% (As of Mar. 2026) — 21% Below Median

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TSE:9423 Forval RealStraight Inc TSE:9423
71 GF Score
Price 円104.00
GF Value 円156.23
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Forval RealStraight Gross Margin %?

Forval RealStraight TSE:9423 71 Gross Margin % is 35.47% as of Mar. 2026, which is 21% below its 10-year median of 44.77. GuruFocus rates TSE:9423 with a GF Score™ of 71/100 and a GF Value™ of 円156.23 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,642 Real Estate companies, Forval RealStraight ranks worse than 51.16% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Forval RealStraight's Gross Profit for the six months ended in Mar. 2026 was 円832 Mil. Forval RealStraight's Revenue for the six months ended in Mar. 2026 was 円2,345 Mil. Therefore, Forval RealStraight's Gross Margin % for the quarter that ended in Mar. 2026 was 35.47%.

Warning Sign:

Forval RealStraight Inc gross margin has been in long-term decline. The average rate of decline per year is -4.4%.


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

TSE:9423' s Gross Margin % Range Over the Past 10 Years
Min: 35.92   Med: 44.77   Max: 80.59
Current: 35.92


During the past 13 years, the highest Gross Margin % of Forval RealStraight was 80.59%. The lowest was 35.92%. And the median was 44.77%.

TSE:9423's Gross Margin % is ranked worse than
51.16% of 1642 companies
in the Real Estate industry
Industry Median: 36.96 vs TSE:9423: 35.92

Forval RealStraight had a gross margin of 35.47% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Forval RealStraight was -4.40% per year.


Forval RealStraight  (TSE:9423) 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

Forval RealStraight had a gross margin of 35.47% 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.


Forval RealStraight Gross Margin % Related Terms


Forval RealStraight Gross Margin % Historical Data

* Premium members only.

The historical data trend for Forval RealStraight'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.

Forval RealStraight Gross Margin % Chart

Forval RealStraight Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.50 38.54 40.38 39.57 35.92

Forval RealStraight Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 40.39 39.05 40.24 36.39 35.47

TSE:9423 vs CBRE, BEKE, JLL: Gross Margin % Comparison

For the Real Estate Services subindustry, Forval RealStraight'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.


Forval RealStraight Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Forval RealStraight's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Forval RealStraight's Gross Margin % falls into.


TSE:9423
71GF Score
Forval RealStraight Inc TSE:9423
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forval RealStraight Gross Margin % Calculation

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

Forval RealStraight's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=1639.3 / 4563.715
=(Revenue - Cost of Goods Sold) / Revenue
=(4563.715 - 2924.447) / 4563.715
=35.92 %

Forval RealStraight'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 )
=832 / 2345.373
=(Revenue - Cost of Goods Sold) / Revenue
=(2345.373 - 1513.392) / 2345.373
=35.47 %

* 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 35.47% mean?
Forval RealStraight (TSE:9423) has a Gross Margin % of 35.47% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Forval RealStraight and its competitors. This is 21% below median its historical median of 44.77. Over the past decade, Forval RealStraight's Gross Margin % has ranged from 35.92 to 80.59. According to the industry distribution chart, Forval RealStraight ranks #840 out of 1642 companies in the Real Estate industry, placing it in the top 51.2%.
Is Forval RealStraight's Gross Margin % too high?
Forval RealStraight's current Gross Margin % of 35.47% is 21% below median its 10-year median of 44.77. Over the past 10 years, this metric has ranged from a low of 35.92 to a high of 80.59. The Real Estate industry median Gross Margin % is 36.96. Forval RealStraight's value of 35.47% is 4% below this industry median. Based on the distribution chart, Forval RealStraight ranks #840 out of 1642 companies in the Real Estate industry, which is below the industry midpoint. Overall, Forval RealStraight has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval RealStraight's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Forval RealStraight ranks #840 out of 1642 companies for Gross Margin %. This places Forval RealStraight in the lower half of its industry. The industry median Gross Margin % is 36.96. Forval RealStraight's value of 35.47% is 4% below this benchmark. Historically, Forval RealStraight's own Gross Margin % has ranged from 35.92 to 80.59 over the past decade. While the company's 10-year median is 44.77 vs. the industry median of 36.96, Forval RealStraight 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,642 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. Forval RealStraight's current Gross Margin % of 35.47% is 4% 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 Forval RealStraight and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval RealStraight's current Gross Margin % is 35.47%, which is 21% below median its own 10-year median of 44.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval RealStraight stock overvalued right now?
Based on GuruFocus' analysis, Forval RealStraight (TSE:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is 円156.23, compared to a current price of 円104.00 — trading 33.4% below its estimated fair value. The current Gross Margin % is 35.47%, which is 21% below median its 10-year median of 44.77 and 4% below the Real Estate industry median of 36.96. Forval RealStraight's overall GF Score™ is 71/100 with 3 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 Forval RealStraight (TSE:9423), the current Gross Margin % is 35.47% 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 Forval RealStraight (TSE:9423) Overvalued in 2026?

Based on GuruFocus' analysis, Forval RealStraight stock appears to be undervalued. The current stock price of 円104.00 is trading 33.4% below its estimated GF Value™ of 円156.23. GuruFocus considers Forval RealStraight to be Significantly Undervalued.

Key valuation signals for TSE:9423:

  • Gross Margin %: 35.47% (21% below median its 10-year median of 44.77)
  • GF Value™: 円156.23 vs. price of 円104.00 (33.4% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 4% below the Real Estate median (#840 of 1642)

No single metric tells the full story. See the TSE:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forval RealStraight Business Description

Address 3-23-2 Kanda Jinbocho, Kinmei Building 4th Floor, Chiyoda-ku, Tokyo, JPN, 101-0051
Forval RealStraight Inc is a real estate service provider. The business of the company includes real estate brokerage, office relocation support services, and sales of OA communication equipment.
71GF Score

Get the complete analysis for TSE:9423

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

円104.00
Price
円156.23
GF Value