Yellow Hat (TSE:9882) Gross Margin %: 43.57% (As of Mar. 2026) — Near Median

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TSE:9882 Yellow Hat Ltd TSE:9882
87 GF Score
Price 円1,821.00
GF Value 円1,615.92
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Yellow Hat Gross Margin %?

Yellow Hat TSE:9882 -0.33% 87 Gross Margin % is 43.57% as of Mar. 2026, which is 6% above its 10-year median of 41.03. GuruFocus rates TSE:9882 with a GF Score™ of 87/100 and a GF Value™ of 円1,615.92 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Yellow Hat ranks better than 89.82% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Yellow Hat's Gross Profit for the three months ended in Mar. 2026 was 円16,961 Mil. Yellow Hat's Revenue for the three months ended in Mar. 2026 was 円38,927 Mil. Therefore, Yellow Hat's Gross Margin % for the quarter that ended in Mar. 2026 was 43.57%.


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

TSE:9882' s Gross Margin % Range Over the Past 10 Years
Min: 35.96   Med: 41.03   Max: 43.74
Current: 43.48


During the past 13 years, the highest Gross Margin % of Yellow Hat was 43.74%. The lowest was 35.96%. And the median was 41.03%.

TSE:9882's Gross Margin % is ranked better than
89.82% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 19.89 vs TSE:9882: 43.48

Yellow Hat had a gross margin of 43.57% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Yellow Hat was 1.40% per year.


Yellow Hat  (TSE:9882) 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

Yellow Hat had a gross margin of 43.57% 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.


Yellow Hat Gross Margin % Related Terms


Yellow Hat Gross Margin % Historical Data

* Premium members only.

The historical data trend for Yellow Hat'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.

Yellow Hat Gross Margin % Chart

Yellow Hat 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 41.30 42.81 42.84 43.74 43.48

Yellow Hat 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 45.09 45.41 42.84 42.43 43.57

TSE:9882 vs CVNA, PAG, ALTB: Gross Margin % Comparison

For the Auto & Truck Dealerships subindustry, Yellow Hat'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.


Yellow Hat Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yellow Hat's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Yellow Hat's Gross Margin % falls into.


TSE:9882
87GF Score
Yellow Hat Ltd TSE:9882
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Yellow Hat Gross Margin % Calculation

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

Yellow Hat'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 )
=74477 / 171280
=(Revenue - Cost of Goods Sold) / Revenue
=(171280 - 96803) / 171280
=43.48 %

Yellow Hat'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 )
=16961 / 38927
=(Revenue - Cost of Goods Sold) / Revenue
=(38927 - 21966) / 38927
=43.57 %

* 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 43.57% mean?
Yellow Hat (TSE:9882) has a Gross Margin % of 43.57% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Yellow Hat and its competitors. This is near median its historical median of 41.03. Over the past decade, Yellow Hat's Gross Margin % has ranged from 35.96 to 43.74. According to the industry distribution chart, Yellow Hat ranks #133 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 10.2%.
Is Yellow Hat's Gross Margin % too high?
Yellow Hat's current Gross Margin % of 43.57% is near median its 10-year median of 41.03. Over the past 10 years, this metric has ranged from a low of 35.96 to a high of 43.74. The Vehicles & Parts industry median Gross Margin % is 19.89. Yellow Hat's value of 43.57% is 119.1% above this industry median. Based on the distribution chart, Yellow Hat ranks #133 out of 1307 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Yellow Hat has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yellow Hat's Gross Margin % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Yellow Hat ranks #133 out of 1307 companies for Gross Margin %. This places Yellow Hat in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.89. Yellow Hat's value of 43.57% is 119.1% above this benchmark. Historically, Yellow Hat's own Gross Margin % has ranged from 35.96 to 43.74 over the past decade. While the company's 10-year median is 41.03 vs. the industry median of 19.89, Yellow Hat 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.89, based on 1,307 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. Yellow Hat's current Gross Margin % of 43.57% is 119.1% 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 Yellow Hat and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yellow Hat's current Gross Margin % is 43.57%, which is near median its own 10-year median of 41.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yellow Hat stock overvalued right now?
Based on GuruFocus' analysis, Yellow Hat (TSE:9882) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,615.92, compared to a current price of 円1,821.00 — trading 12.7% above its estimated fair value. The current Gross Margin % is 43.57%, which is near median its 10-year median of 41.03 and 119.1% above the Vehicles & Parts industry median of 19.89. Yellow Hat's overall GF Score™ is 87/100 with 6 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 Yellow Hat (TSE:9882), the current Gross Margin % is 43.57% 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 Yellow Hat (TSE:9882) Overvalued in 2026?

Based on GuruFocus' analysis, Yellow Hat stock appears to be overvalued. The current stock price of 円1,821.00 is trading 12.7% above its estimated GF Value™ of 円1,615.92. GuruFocus considers Yellow Hat to be Modestly Overvalued.

Key valuation signals for TSE:9882:

  • Gross Margin %: 43.57% (near median its 10-year median of 41.03)
  • GF Value™: 円1,615.92 vs. price of 円1,821.00 (12.7% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 119.1% above the Vehicles & Parts median (#133 of 1307)

No single metric tells the full story. See the TSE:9882 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yellow Hat Business Description

Address 1-7-4 Iwamotocho, Chiyoda-ku, Yellow Hat Head Office Building, Tokyo, JPN, 101-0032
Yellow Hat Ltd is a Japanese company involved in selling auto accessories and providing auto service. The products offered by the company include audio and info-entertainment systems, oils and lubricants, safety and maintenance tools, OFF road, racing and karting, chemicals and cleaning, lights and bulbs, bikes, and tires. It offers services including tires services, oil change, foiling, detailing, tinting, audio and video, car wash, AC repair, and maintenance.
87GF Score

Get the complete analysis for TSE:9882

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

円1,821.00
Price
円1,615.92
GF Value