MRK Holdings (TSE:9980) Gross Margin %: 75.01% (As of Mar. 2026) — Near Median


TSE:9980 MRK Holdings Inc TSE:9980
76 GF Score
Price 円96.00
GF Value 円115.51
Valuation Modestly Undervalued
! 5 Warning Signs
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What is MRK Holdings Gross Margin %?

MRK Holdings TSE:9980 76 Gross Margin % is 75.01% as of Mar. 2026, which is 0% below its 10-year median of 75.18. GuruFocus rates TSE:9980 with a GF Score™ of 76/100 and a GF Value™ of 円115.51 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, MRK Holdings ranks better than 96.86% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. MRK Holdings's Gross Profit for the six months ended in Mar. 2026 was 円8,042 Mil. MRK Holdings's Revenue for the six months ended in Mar. 2026 was 円10,721 Mil. Therefore, MRK Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 75.01%.


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

TSE:9980' s Gross Margin % Range Over the Past 10 Years
Min: 49.14   Med: 75.18   Max: 76.95
Current: 74.98


During the past 13 years, the highest Gross Margin % of MRK Holdings was 76.95%. The lowest was 49.14%. And the median was 75.18%.

TSE:9980's Gross Margin % is ranked better than
96.86% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.51 vs TSE:9980: 74.98

MRK Holdings had a gross margin of 75.01% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MRK Holdings was -0.60% per year.


MRK Holdings  (TSE:9980) 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

MRK Holdings had a gross margin of 75.01% 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.


MRK Holdings Gross Margin % Related Terms


MRK Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for MRK Holdings'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.

MRK Holdings Gross Margin % Chart

MRK Holdings 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 76.17 75.92 75.38 74.64 74.98

MRK Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 74.74 74.69 74.60 74.95 75.01

TSE:9980 vs RL, LEVI, VFC: Gross Margin % Comparison

For the Apparel Manufacturing subindustry, MRK Holdings'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.


MRK Holdings Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, MRK Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MRK Holdings's Gross Margin % falls into.


TSE:9980
76GF Score
MRK Holdings Inc TSE:9980
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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MRK Holdings Gross Margin % Calculation

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

MRK Holdings'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 )
=15919.1 / 21230.931
=(Revenue - Cost of Goods Sold) / Revenue
=(21230.931 - 5311.838) / 21230.931
=74.98 %

MRK Holdings'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 )
=8041.6 / 10720.656
=(Revenue - Cost of Goods Sold) / Revenue
=(10720.656 - 2679.089) / 10720.656
=75.01 %

* 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 75.01% mean?
MRK Holdings (TSE:9980) has a Gross Margin % of 75.01% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on MRK Holdings and its competitors. This is near median its historical median of 75.18. Over the past decade, MRK Holdings' Gross Margin % has ranged from 49.14 to 76.95. According to the industry distribution chart, MRK Holdings ranks #32 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 3.1%.
Is MRK Holdings' Gross Margin % too high?
MRK Holdings' current Gross Margin % of 75.01% is near median its 10-year median of 75.18. Over the past 10 years, this metric has ranged from a low of 49.14 to a high of 76.95. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.51. MRK Holdings' value of 75.01% is 163.1% above this industry median. Based on the distribution chart, MRK Holdings ranks #32 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, MRK Holdings has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MRK Holdings' Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, MRK Holdings ranks #32 out of 1020 companies for Gross Margin %. This places MRK Holdings in the top 3% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.51. MRK Holdings' value of 75.01% is 163.1% above this benchmark. Historically, MRK Holdings' own Gross Margin % has ranged from 49.14 to 76.95 over the past decade. While the company's 10-year median is 75.18 vs. the industry median of 28.51, MRK Holdings 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 28.51, based on 1,020 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. MRK Holdings's current Gross Margin % of 75.01% is 163.1% 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 MRK Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MRK Holdings's current Gross Margin % is 75.01%, which is near median its own 10-year median of 75.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRK Holdings stock overvalued right now?
Based on GuruFocus' analysis, MRK Holdings (TSE:9980) is currently considered Modestly Undervalued. The stock's GF Value™ is 円115.51, compared to a current price of 円96.00 — trading 16.9% below its estimated fair value. The current Gross Margin % is 75.01%, which is near median its 10-year median of 75.18 and 163.1% above the Manufacturing - Apparel & Accessories industry median of 28.51. MRK Holdings' overall GF Score™ is 76/100 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 MRK Holdings (TSE:9980), the current Gross Margin % is 75.01% 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 MRK Holdings (TSE:9980) Overvalued in 2026?

Based on GuruFocus' analysis, MRK Holdings stock appears to be undervalued. The current stock price of 円96.00 is trading 16.9% below its estimated GF Value™ of 円115.51. GuruFocus considers MRK Holdings to be Modestly Undervalued.

Key valuation signals for TSE:9980:

  • Gross Margin %: 75.01% (near median its 10-year median of 75.18)
  • GF Value™: 円115.51 vs. price of 円96.00 (16.9% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 163.1% above the Manufacturing - Apparel & Accessories median (#32 of 1020)

No single metric tells the full story. See the TSE:9980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MRK Holdings Business Description

Address 1-1-30 Oyodonaka, Kita-ku, Osaka, JPN
MRK Holdings Inc manufactures and trades women's lingerie, body-care cosmetics, and health food products. The company's segment includes Women's clothing and related business, Maternity and baby related business, and wedding and banquet related events business. The company generates the majority of its revenue from the Women's clothing and related business.
76GF Score

Get the complete analysis for TSE:9980

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

円96.00
Price
円115.51
GF Value