Zenrin Co (TSE:9474) Gross Margin %: 45.79% (As of Mar. 2026) — 11% Above Median

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TSE:9474 Zenrin Co Ltd TSE:9474
82 GF Score
Price 円911.00
GF Value 円981.39
Valuation Fairly Valued
! 2 Warning Signs
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What is Zenrin Co Gross Margin %?

Zenrin Co TSE:9474 -0.76% 82 Gross Margin % is 45.79% as of Mar. 2026, which is 11% above its 10-year median of 41.41. GuruFocus rates TSE:9474 with a GF Score™ of 82/100 and a GF Value™ of 円981.39 (Fairly Valued). The stock has 2 warning signs investors should review. Among 498 Interactive Media companies, Zenrin Co ranks worse than 71.08% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Zenrin Co's Gross Profit for the three months ended in Mar. 2026 was 円8,748 Mil. Zenrin Co's Revenue for the three months ended in Mar. 2026 was 円19,106 Mil. Therefore, Zenrin Co's Gross Margin % for the quarter that ended in Mar. 2026 was 45.79%.


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

TSE:9474' s Gross Margin % Range Over the Past 10 Years
Min: 38.52   Med: 41.41   Max: 42.37
Current: 41.48


During the past 13 years, the highest Gross Margin % of Zenrin Co was 42.37%. The lowest was 38.52%. And the median was 41.41%.

TSE:9474's Gross Margin % is ranked worse than
71.08% of 498 companies
in the Interactive Media industry
Industry Median: 62.125 vs TSE:9474: 41.48

Zenrin Co had a gross margin of 45.79% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Zenrin Co was 1.20% per year.


Zenrin Co  (TSE:9474) 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

Zenrin Co had a gross margin of 45.79% for the quarter that ended in Mar. 2026 => Durable 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.


Zenrin Co Gross Margin % Related Terms


Zenrin Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Zenrin 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.

Zenrin Co Gross Margin % Chart

Zenrin Co 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 41.33 40.19 40.36 42.10 41.48

Zenrin Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 46.85 38.42 39.95 40.50 45.79

TSE:9474 vs GOOGL, META, SPOT: Gross Margin % Comparison

For the Internet Content & Information subindustry, Zenrin 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.


Zenrin Co Gross Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zenrin Co's Gross Margin % distribution charts can be found below:

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


TSE:9474
82GF Score
Zenrin Co Ltd TSE:9474
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zenrin Co Gross Margin % Calculation

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

Zenrin Co'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 )
=26663 / 64277
=(Revenue - Cost of Goods Sold) / Revenue
=(64277 - 37614) / 64277
=41.48 %

Zenrin Co'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 )
=8748 / 19106
=(Revenue - Cost of Goods Sold) / Revenue
=(19106 - 10358) / 19106
=45.79 %

* 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 45.79% mean?
Zenrin Co (TSE:9474) has a Gross Margin % of 45.79% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Zenrin Co and its competitors. This is 11% above median its historical median of 41.41. Over the past decade, Zenrin Co's Gross Margin % has ranged from 38.52 to 42.37. According to the industry distribution chart, Zenrin Co ranks #354 out of 498 companies in the Interactive Media industry, placing it in the top 71.1%.
Is Zenrin Co's Gross Margin % too high?
Zenrin Co's current Gross Margin % of 45.79% is 11% above median its 10-year median of 41.41. Over the past 10 years, this metric has ranged from a low of 38.52 to a high of 42.37. The Interactive Media industry median Gross Margin % is 62.13. Zenrin Co's value of 45.79% is 26.3% below this industry median. Based on the distribution chart, Zenrin Co ranks #354 out of 498 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Zenrin Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zenrin Co's Gross Margin % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Zenrin Co ranks #354 out of 498 companies for Gross Margin %. This places Zenrin Co in the lower half of its industry. The industry median Gross Margin % is 62.13. Zenrin Co's value of 45.79% is 26.3% below this benchmark. Historically, Zenrin Co's own Gross Margin % has ranged from 38.52 to 42.37 over the past decade. While the company's 10-year median is 41.41 vs. the industry median of 62.13, Zenrin 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 an Interactive Media company?
The median Gross Margin % among Interactive Media companies is 62.13, based on 498 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. Zenrin Co's current Gross Margin % of 45.79% is 26.3% 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 Zenrin Co and its competitors. For the Interactive Media industry, the median Gross Margin % is 62.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenrin Co's current Gross Margin % is 45.79%, which is 11% above median its own 10-year median of 41.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenrin Co stock overvalued right now?
Based on GuruFocus' analysis, Zenrin Co (TSE:9474) is currently considered Fairly Valued. The stock's GF Value™ is 円981.39, compared to a current price of 円911.00 — trading 7.2% below its estimated fair value. The current Gross Margin % is 45.79%, which is 11% above median its 10-year median of 41.41 and 26.3% below the Interactive Media industry median of 62.13. Zenrin Co's overall GF Score™ is 82/100 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 Zenrin Co (TSE:9474), the current Gross Margin % is 45.79% 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 Zenrin Co (TSE:9474) Overvalued in 2026?

Based on GuruFocus' analysis, Zenrin Co stock appears to be undervalued. The current stock price of 円911.00 is trading 7.2% below its estimated GF Value™ of 円981.39. GuruFocus considers Zenrin Co to be Fairly Valued.

Key valuation signals for TSE:9474:

  • Gross Margin %: 45.79% (11% above median its 10-year median of 41.41)
  • GF Value™: 円981.39 vs. price of 円911.00 (7.2% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 26.3% below the Interactive Media median (#354 of 498)

No single metric tells the full story. See the TSE:9474 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zenrin Co Business Description

Address 3-1 Nakahara Shinmachi, Tobata-ku, Fukuoka Prefecture, Kitakyushu, JPN, 804-0003
Zenrin Co Ltd is a Japan based company engaged in collection and management of a broad range of information, which forms the basis of Zenrin Integrated Geospatial System, and the production of maps, including residential maps, map databases, and other content. It develops software and services related to Zenrin Integrated Geospatial System. In addition to maps, it possesses a strong market share in map software, in-car navigation software and related IT services. The company operates in U.S., Europe, India, and Taiwan, further extending the already expansive cartographic database.
82GF Score

Get the complete analysis for TSE:9474

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

円911.00
Price
円981.39
GF Value