Cox CoTSE:9876 +1.29%63 Gross Margin % is 60.26% as of Feb. 2026, which is 7% above its 10-year median of 56.20. GuruFocus rates TSE:9876 with a GF Score™ of 63/100 and a GF Value™ of 円204.01 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,022 Manufacturing - Apparel & Accessories companies, Cox Co ranks better than 90.22% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Cox Co's Gross Profit for the
six
months ended in Feb. 2026 was 円4,505 Mil. Cox Co's Revenue for the
six
months ended in Feb. 2026 was 円7,477 Mil. Therefore, Cox Co's Gross Margin % for the quarter that ended in Feb. 2026 was 60.26%.
The historical rank and industry rank for Cox Co's Gross Margin % or its related term are showing as below:
TSE:9876'
s Gross Margin % Range Over the Past 10 Years
Min: 51.57 Med: 56.2 Max: 62.68
Current: 62.17
During the past 13 years, the highestGross Margin % of Cox Co was 62.68%. The lowest was 51.57%. And the median was 56.20%.
TSE:9876's Gross Margin % is ranked better than 90.22% of 1022
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.545
vs TSE:9876: 62.17
Cox Co had a gross margin of 60.26% for the quarter that ended in Feb. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Cox Co was 3.60% per year.
Cox Co (TSE:9876) 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
Cox Co had a gross margin of 60.26% for the quarter that ended in Feb. 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.
Cox Co Gross Margin % Related Terms
Cox Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Cox 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.
TSE:9876 vs RL, LEVI, VFC: Gross Margin % Comparison
For the Apparel Manufacturing subindustry, Cox 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.
Cox Co Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cox Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Cox Co'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.
Cox Co (TSE:9876) has a Gross Margin % of 60.26% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Cox Co and its competitors. This is near median its historical median of 56.20. Over the past decade, Cox Co's Gross Margin % has ranged from 51.57 to 62.68. According to the industry distribution chart, Cox Co ranks #100 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 9.8%.
Is Cox Co's Gross Margin % too high?
Cox Co's current Gross Margin % of 60.26% is near median its 10-year median of 56.20. Over the past 10 years, this metric has ranged from a low of 51.57 to a high of 62.68. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.55. Cox Co's value of 60.26% is 111.1% above this industry median. Based on the distribution chart, Cox Co ranks #100 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Cox Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cox Co's Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Cox Co ranks #100 out of 1022 companies for Gross Margin %. This places Cox Co in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.55. Cox Co's value of 60.26% is 111.1% above this benchmark. Historically, Cox Co's own Gross Margin % has ranged from 51.57 to 62.68 over the past decade. While the company's 10-year median is 56.20 vs. the industry median of 28.55, Cox 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.55, based on 1,022 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. Cox Co's current Gross Margin % of 60.26% is 111.1% 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 Cox Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cox Co's current Gross Margin % is 60.26%, which is near median its own 10-year median of 56.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cox Co stock overvalued right now?
Based on GuruFocus' analysis, Cox Co (TSE:9876) is currently considered Modestly Overvalued. The stock's GF Value™ is 円204.01, compared to a current price of 円236.00 — trading 15.7% above its estimated fair value. The current Gross Margin % is 60.26%, which is near median its 10-year median of 56.20 and 111.1% above the Manufacturing - Apparel & Accessories industry median of 28.55. Cox Co's overall GF Score™ is 63/100 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 Cox Co (TSE:9876), the current Gross Margin % is 60.26% 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 Cox Co (TSE:9876) Overvalued in 2026?
Based on GuruFocus' analysis, Cox Co stock appears to be overvalued.
The current stock price of 円236.00 is trading 15.7% above its estimated GF Value™ of 円204.01.
GuruFocus considers Cox Co to be Modestly Overvalued.
Key valuation signals for TSE:9876:
Gross Margin %: 60.26% (near median its 10-year median of 56.20)
GF Value™: 円204.01 vs. price of 円236.00 (15.7% above fair value)
Industry Position: 111.1% above the Manufacturing - Apparel & Accessories median (#100 of 1022)
No single metric tells the full story. See the TSE:9876 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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