Tenmaya Store Co (TSE:9846) Gross Margin %: 32.10% (As of Feb. 2026) — 11% Above Median


TSE:9846 Tenmaya Store Co Ltd TSE:9846
68 GF Score
Price 円1,008.00
GF Value 円1,009.53
Valuation Fairly Valued
! 3 Warning Signs
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What is Tenmaya Store Co Gross Margin %?

Tenmaya Store Co TSE:9846 +0.70% 68 Gross Margin % is 32.10% as of Feb. 2026, which is 11% above its 10-year median of 28.80. GuruFocus rates TSE:9846 with a GF Score™ of 68/100 and a GF Value™ of 円1,009.53 (Fairly Valued). The stock has 3 warning signs investors should review. Among 305 Retail - Defensive companies, Tenmaya Store Co ranks better than 73.11% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tenmaya Store Co's Gross Profit for the six months ended in Feb. 2026 was 円9,533 Mil. Tenmaya Store Co's Revenue for the six months ended in Feb. 2026 was 円29,695 Mil. Therefore, Tenmaya Store Co's Gross Margin % for the quarter that ended in Feb. 2026 was 32.10%.


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

TSE:9846' s Gross Margin % Range Over the Past 10 Years
Min: 28.15   Med: 28.8   Max: 33.11
Current: 32.06


During the past 13 years, the highest Gross Margin % of Tenmaya Store Co was 33.11%. The lowest was 28.15%. And the median was 28.80%.

TSE:9846's Gross Margin % is ranked better than
73.11% of 305 companies
in the Retail - Defensive industry
Industry Median: 24.08 vs TSE:9846: 32.06

Tenmaya Store Co had a gross margin of 32.10% for the quarter that ended in Feb. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tenmaya Store Co was 2.60% per year.


Tenmaya Store Co  (TSE:9846) 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

Tenmaya Store Co had a gross margin of 32.10% for the quarter that ended in Feb. 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.


Tenmaya Store Co Gross Margin % Related Terms


Tenmaya Store Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tenmaya Store 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.

Tenmaya Store Co Gross Margin % Chart

Tenmaya Store Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.96 32.72 33.11 32.38 32.06

Tenmaya Store Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 33.41 32.65 32.11 32.01 32.10

TSE:9846 vs KR: Gross Margin % Comparison

For the Grocery Stores subindustry, Tenmaya Store 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.


Tenmaya Store Co Gross Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tenmaya Store Co's Gross Margin % distribution charts can be found below:

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


TSE:9846
68GF Score
Tenmaya Store Co Ltd TSE:9846
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tenmaya Store Co Gross Margin % Calculation

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

Tenmaya Store Co's Gross Margin for the fiscal year that ended in Feb. 2026 is calculated as

Gross Margin % (A: Feb. 2026 )=Gross Profit (A: Feb. 2026 ) / Revenue (A: Feb. 2026 )
=18991.1 / 59240.221
=(Revenue - Cost of Goods Sold) / Revenue
=(59240.221 - 40249.102) / 59240.221
=32.06 %

Tenmaya Store Co's Gross Margin for the quarter that ended in Feb. 2026 is calculated as


Gross Margin % (Q: Feb. 2026 )=Gross Profit (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=9533.3 / 29694.875
=(Revenue - Cost of Goods Sold) / Revenue
=(29694.875 - 20161.527) / 29694.875
=32.10 %

* 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 32.10% mean?
Tenmaya Store Co (TSE:9846) has a Gross Margin % of 32.10% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tenmaya Store Co and its competitors. This is 11% above median its historical median of 28.80. Over the past decade, Tenmaya Store Co's Gross Margin % has ranged from 28.15 to 33.11. According to the industry distribution chart, Tenmaya Store Co ranks #82 out of 305 companies in the Retail - Defensive industry, placing it in the top 26.9%.
Is Tenmaya Store Co's Gross Margin % too high?
Tenmaya Store Co's current Gross Margin % of 32.10% is 11% above median its 10-year median of 28.80. Over the past 10 years, this metric has ranged from a low of 28.15 to a high of 33.11. The Retail - Defensive industry median Gross Margin % is 24.08. Tenmaya Store Co's value of 32.10% is 33.3% above this industry median. Based on the distribution chart, Tenmaya Store Co ranks #82 out of 305 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Tenmaya Store Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tenmaya Store Co's Gross Margin % compare to KR?
According to the Retail - Defensive industry distribution chart, Tenmaya Store Co ranks #82 out of 305 companies for Gross Margin %. This puts Tenmaya Store Co in the upper half of its industry. The industry median Gross Margin % is 24.08. Tenmaya Store Co's value of 32.10% is 33.3% above this benchmark. Historically, Tenmaya Store Co's own Gross Margin % has ranged from 28.15 to 33.11 over the past decade. While the company's 10-year median is 28.80 vs. the industry median of 24.08, Tenmaya Store Co has consistently been above 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 Retail - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.08, based on 305 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. Tenmaya Store Co's current Gross Margin % of 32.10% is 33.3% above 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 Tenmaya Store Co and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenmaya Store Co's current Gross Margin % is 32.10%, which is 11% above median its own 10-year median of 28.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenmaya Store Co stock overvalued right now?
Based on GuruFocus' analysis, Tenmaya Store Co (TSE:9846) is currently considered Fairly Valued. The stock's GF Value™ is 円1,009.53, compared to a current price of 円1,008.00 — trading 0.2% below its estimated fair value. The current Gross Margin % is 32.10%, which is 11% above median its 10-year median of 28.80 and 33.3% above the Retail - Defensive industry median of 24.08. Tenmaya Store Co's overall GF Score™ is 68/100 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 Tenmaya Store Co (TSE:9846), the current Gross Margin % is 32.10% as of Feb. 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 Tenmaya Store Co (TSE:9846) Overvalued in 2026?

Based on GuruFocus' analysis, Tenmaya Store Co stock appears to be undervalued. The current stock price of 円1,008.00 is trading 0.2% below its estimated GF Value™ of 円1,009.53. GuruFocus considers Tenmaya Store Co to be Fairly Valued.

Key valuation signals for TSE:9846:

  • Gross Margin %: 32.10% (11% above median its 10-year median of 28.80)
  • GF Value™: 円1,009.53 vs. price of 円1,008.00 (0.2% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 33.3% above the Retail - Defensive median (#82 of 305)

No single metric tells the full story. See the TSE:9846 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenmaya Store Co Business Description

Address Okamachi 13-16, Kita Ward, Okayama, JPN, 700-8502
Tenmaya Store Co Ltd is a Japan-based company involved in the retail trade of groceries, miscellaneous goods, and clothing.
68GF Score

Get the complete analysis for TSE:9846

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

円1,008.00
Price
円1,009.53
GF Value