Ministop CoTSE:9946 -1.77%62 Gross Margin % is 39.73% as of Feb. 2026, which is 7% above its 10-year median of 37.15. GuruFocus rates TSE:9946 with a GF Score™ of 62/100 and a GF Value™ of 円1,891.87 (Fairly Valued). The stock has 4 warning signs investors should review. Among 303 Retail - Defensive companies, Ministop Co ranks better than 89.44% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Ministop Co's Gross Profit for the
three
months ended in Feb. 2026 was 円8,643 Mil. Ministop Co's Revenue for the
three
months ended in Feb. 2026 was 円21,754 Mil. Therefore, Ministop Co's Gross Margin % for the quarter that ended in Feb. 2026 was 39.73%.
The historical rank and industry rank for Ministop Co's Gross Margin % or its related term are showing as below:
TSE:9946'
s Gross Margin % Range Over the Past 10 Years
Min: 32.98 Med: 37.15 Max: 51.72
Current: 43.97
During the past 13 years, the highestGross Margin % of Ministop Co was 51.72%. The lowest was 32.98%. And the median was 37.15%.
TSE:9946's Gross Margin % is ranked better than 89.44% of 303
companies
in the Retail - Defensive industry
Industry Median: 24.08
vs TSE:9946: 43.97
Ministop Co had a gross margin of 39.73% for the quarter that ended in Feb. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Ministop Co was 7.40% per year.
Ministop Co (TSE:9946) 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
Ministop Co had a gross margin of 39.73% 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.
Ministop Co Gross Margin % Related Terms
Ministop Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Ministop 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.
For the Grocery Stores subindustry, Ministop 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.
Ministop Co Gross Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ministop Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ministop 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.
Ministop Co (TSE:9946) has a Gross Margin % of 39.73% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ministop Co and its competitors. This is near median its historical median of 37.15. Over the past decade, Ministop Co's Gross Margin % has ranged from 32.98 to 51.72. According to the industry distribution chart, Ministop Co ranks #32 out of 303 companies in the Retail - Defensive industry, placing it in the top 10.6%.
Is Ministop Co's Gross Margin % too high?
Ministop Co's current Gross Margin % of 39.73% is near median its 10-year median of 37.15. Over the past 10 years, this metric has ranged from a low of 32.98 to a high of 51.72. The Retail - Defensive industry median Gross Margin % is 24.08. Ministop Co's value of 39.73% is 65% above this industry median. Based on the distribution chart, Ministop Co ranks #32 out of 303 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Ministop Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ministop Co's Gross Margin % compare to KR?
According to the Retail - Defensive industry distribution chart, Ministop Co ranks #32 out of 303 companies for Gross Margin %. This places Ministop Co in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.08. Ministop Co's value of 39.73% is 65% above this benchmark. Historically, Ministop Co's own Gross Margin % has ranged from 32.98 to 51.72 over the past decade. While the company's 10-year median is 37.15 vs. the industry median of 24.08, Ministop 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 303 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. Ministop Co's current Gross Margin % of 39.73% is 65% 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 Ministop 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. Ministop Co's current Gross Margin % is 39.73%, which is near median its own 10-year median of 37.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ministop Co stock overvalued right now?
Based on GuruFocus' analysis, Ministop Co (TSE:9946) is currently considered Fairly Valued. The stock's GF Value™ is 円1,891.87, compared to a current price of 円1,832.00 — trading 3.2% below its estimated fair value. The current Gross Margin % is 39.73%, which is near median its 10-year median of 37.15 and 65% above the Retail - Defensive industry median of 24.08. Ministop Co's overall GF Score™ is 62/100 with 4 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 Ministop Co (TSE:9946), the current Gross Margin % is 39.73% 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 Ministop Co (TSE:9946) Overvalued in 2026?
Based on GuruFocus' analysis, Ministop Co stock appears to be undervalued.
The current stock price of 円1,832.00 is trading 3.2% below its estimated GF Value™ of 円1,891.87.
GuruFocus considers Ministop Co to be Fairly Valued.
Key valuation signals for TSE:9946:
Gross Margin %: 39.73% (near median its 10-year median of 37.15)
GF Value™: 円1,891.87 vs. price of 円1,832.00 (3.2% below fair value)
Industry Position: 65% above the Retail - Defensive median (#32 of 303)
No single metric tells the full story. See the TSE:9946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ministop Co Ltd is a Japan-based company that is principally engaged in operating a convenience store chain. The company offers fresh products, like rice balls, lunch boxes, hot snacks, sandwiches, soft-serve ice cream, as well as beverages, sweets, miscellaneous products, and other items. The company provides seating areas for customers to eat foods and have a rest. Consumers can use Wi-Fi in the stores of the company, and can make tax-free purchases in some stores. The company also provides additional services, like bill payment, photocopying, ATM access, and other services.
62GF Score
Get the complete analysis for TSE:9946
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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