Gross Margin % is calculated as gross profit divided by its revenue. I-Net's Gross Profit for the
six
months ended in Sep. 2025 was 円4,443 Mil. I-Net's Revenue for the
six
months ended in Sep. 2025 was 円20,373 Mil. Therefore, I-Net's Gross Margin % for the quarter that ended in Sep. 2025 was 21.81%.
Warning Sign:
I-Net Corp gross margin has been in long-term decline. The average rate of decline per year is -1.7%.
The historical rank and industry rank for I-Net's Gross Margin % or its related term are showing as below:
TSE:9600'
s Gross Margin % Range Over the Past 10 Years
Min: 20.5 Med: 22.88 Max: 23.97
Current: 21.93
During the past 13 years, the highestGross Margin % of I-Net was 23.97%. The lowest was 20.50%. And the median was 22.88%.
TSE:9600's Gross Margin % is not ranked
in the Software industry.
Industry Median: 40.41
vs TSE:9600: 21.93
I-Net had a gross margin of 21.81% for the quarter that ended in Sep. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for I-Net was -1.70% per year.
I-Net (TSE:9600) 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
I-Net had a gross margin of 21.81% for the quarter that ended in Sep. 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.
I-Net Gross Margin % Related Terms
I-Net Gross Margin % Historical Data
* Premium members only.
The historical data trend for I-Net'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:9600 vs IBM, ACN, FISV: Gross Margin % Comparison
For the Information Technology Services subindustry, I-Net'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.
I-Net Gross Margin % vs Software Industry
For the Software industry and Technology sector, I-Net's Gross Margin % distribution charts can be found below:
* The bar in red indicates where I-Net'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.
I-Net (TSE:9600) has a Gross Margin % of 21.81% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on I-Net and its competitors. This is near median its historical median of 22.88. Over the past decade, I-Net's Gross Margin % has ranged from 20.50 to 23.97.
Is I-Net's Gross Margin % too high?
I-Net's current Gross Margin % of 21.81% is near median its 10-year median of 22.88. Over the past 10 years, this metric has ranged from a low of 20.50 to a high of 23.97. The Software industry median Gross Margin % is 40.41. I-Net's value of 21.81% is 46% below this industry median. Overall, I-Net has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does I-Net's Gross Margin % compare to IBM and ACN?
I-Net's Gross Margin % of 21.81% can be compared against companies in the Software industry. The industry median Gross Margin % is 40.41. I-Net's value of 21.81% is 46% below this benchmark. Historically, I-Net's own Gross Margin % has ranged from 20.50 to 23.97 over the past decade. While the company's 10-year median is 22.88 vs. the industry median of 40.41, I-Net 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. I-Net's current Gross Margin % of 21.81% is 46% 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 I-Net 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. I-Net's current Gross Margin % is 21.81%, which is near median its own 10-year median of 22.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-Net stock overvalued right now?
I-Net (TSE:9600) has a current Gross Margin % of 21.81%. The stock's GF Value™ is 円2,078.44, compared to a current price of 円2,515.00 — trading 21% above its estimated fair value. The current Gross Margin % is 21.81%, which is near median its 10-year median of 22.88 and 46% below the Software industry median of 40.41. I-Net's overall GF Score™ is 61/100 with 9 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 I-Net (TSE:9600), the current Gross Margin % is 21.81% as of Sep. 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 I-Net (TSE:9600) Overvalued in 2026?
Based on GuruFocus' analysis, I-Net stock appears to be overvalued.
The current stock price of 円2,515.00 is trading 21% above its estimated GF Value™ of 円2,078.44.
Key valuation signals for TSE:9600:
Gross Margin %: 21.81% (near median its 10-year median of 22.88)
GF Value™: 円2,078.44 vs. price of 円2,515.00 (21% above fair value)
No single metric tells the full story. See the TSE:9600 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
I-Net Corp is engaged in providing comprehensive services from planning and development of information systems to operation, maintenance, and upkeep after their launch. The company offers a variety of services, including cloud services, system development services, and print and mailing services, to meet the needs of customers in a wide variety of industries, including finance, retail and distribution, oil, manufacturing, and medicine. It generates maximum revenue from the provision of system development services, and the rest from the provision of data processing services and system equipment sales.
61GF Score
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