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Watt Mann CoTSE:9927 67 Gross Margin % is 43.17% as of Mar. 2026, which is 28% below its 10-year median of 59.60. GuruFocus rates TSE:9927 with a GF Score™ of 67/100 and a GF Value™ of 円867.15 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Watt Mann Co ranks better than 63.88% on this metric.
Watt Mann Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7%.
The historical rank and industry rank for Watt Mann Co's Gross Margin % or its related term are showing as below:
TSE:9927'
s Gross Margin % Range Over the Past 10 Years
Min: 43.57 Med: 59.6 Max: 66.83
Current: 43.57
During the past 13 years, the highestGross Margin % of Watt Mann Co was 66.83%. The lowest was 43.57%. And the median was 59.60%.
TSE:9927's Gross Margin % is ranked better than 63.88% of 1113
companies
in the Retail - Cyclical industry
Industry Median: 36.25
vs TSE:9927: 43.57
Watt Mann Co had a gross margin of 43.17% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Watt Mann Co was -7.00% per year.
Watt Mann Co (TSE:9927) 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
Watt Mann Co had a gross margin of 43.17% 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.
Watt Mann Co Gross Margin % Related Terms
Watt Mann Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Watt Mann 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:9927 vs CASY, WSM, DKS: Gross Margin % Comparison
For the Specialty Retail subindustry, Watt Mann 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.
Watt Mann Co Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Watt Mann Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Watt Mann 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.
Watt Mann Co (TSE:9927) has a Gross Margin % of 43.17% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Watt Mann Co and its competitors. This is 28% below median its historical median of 59.60. Over the past decade, Watt Mann Co's Gross Margin % has ranged from 43.57 to 66.83. According to the industry distribution chart, Watt Mann Co ranks #402 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 36.1%.
Is Watt Mann Co's Gross Margin % too high?
Watt Mann Co's current Gross Margin % of 43.17% is 28% below median its 10-year median of 59.60. Over the past 10 years, this metric has ranged from a low of 43.57 to a high of 66.83. The Retail - Cyclical industry median Gross Margin % is 36.25. Watt Mann Co's value of 43.17% is 19.1% above this industry median. Based on the distribution chart, Watt Mann Co ranks #402 out of 1113 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Watt Mann Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Watt Mann Co's Gross Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Watt Mann Co ranks #402 out of 1113 companies for Gross Margin %. This puts Watt Mann Co in the upper half of its industry. The industry median Gross Margin % is 36.25. Watt Mann Co's value of 43.17% is 19.1% above this benchmark. Historically, Watt Mann Co's own Gross Margin % has ranged from 43.57 to 66.83 over the past decade. While the company's 10-year median is 59.60 vs. the industry median of 36.25, Watt Mann 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 - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.25, based on 1,113 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. Watt Mann Co's current Gross Margin % of 43.17% is 19.1% 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 Watt Mann Co and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Watt Mann Co's current Gross Margin % is 43.17%, which is 28% below median its own 10-year median of 59.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watt Mann Co stock overvalued right now?
Based on GuruFocus' analysis, Watt Mann Co (TSE:9927) is currently considered Modestly Overvalued. The stock's GF Value™ is 円867.15, compared to a current price of 円963.00 — trading 11.1% above its estimated fair value. The current Gross Margin % is 43.17%, which is 28% below median its 10-year median of 59.60 and 19.1% above the Retail - Cyclical industry median of 36.25. Watt Mann Co's overall GF Score™ is 67/100 with 5 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 Watt Mann Co (TSE:9927), the current Gross Margin % is 43.17% 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 Watt Mann Co (TSE:9927) Overvalued in 2026?
Based on GuruFocus' analysis, Watt Mann Co stock appears to be overvalued.
The current stock price of 円963.00 is trading 11.1% above its estimated GF Value™ of 円867.15.
GuruFocus considers Watt Mann Co to be Modestly Overvalued.
Key valuation signals for TSE:9927:
Gross Margin %: 43.17% (28% below median its 10-year median of 59.60)
GF Value™: 円867.15 vs. price of 円963.00 (11.1% above fair value)
Industry Position: 19.1% above the Retail - Cyclical median (#402 of 1113)
No single metric tells the full story. See the TSE:9927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Watt Mann Co Ltd is a Japanese company engaged in operating a chain of retail stores offering second-hand products. It is engaged in the sale and purchase of brand products and accessories, furniture, interior products, clothing, sports products CDs, DVDs, videos and game software, among others. The company deals in three product categories, including clothing, consumer electronics and books.
67GF Score
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