Sac's Bar Holdings (TSE:9990) Gross Margin %: 49.30% (As of Mar. 2026) — Near Median

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TSE:9990 Sac's Bar Holdings Inc TSE:9990
75 GF Score
Price 円757.00
GF Value 円836.75
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sac's Bar Holdings Gross Margin %?

Sac's Bar Holdings TSE:9990 -0.66% 75 Gross Margin % is 49.30% as of Mar. 2026, which is 3% above its 10-year median of 48.06. GuruFocus rates TSE:9990 with a GF Score™ of 75/100 and a GF Value™ of 円836.75 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Sac's Bar Holdings ranks better than 72.61% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Sac's Bar Holdings's Gross Profit for the six months ended in Mar. 2026 was 円13,183 Mil. Sac's Bar Holdings's Revenue for the six months ended in Mar. 2026 was 円26,739 Mil. Therefore, Sac's Bar Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 49.30%.


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

TSE:9990' s Gross Margin % Range Over the Past 10 Years
Min: 46.81   Med: 48.06   Max: 49.69
Current: 49.54


During the past 13 years, the highest Gross Margin % of Sac's Bar Holdings was 49.69%. The lowest was 46.81%. And the median was 48.06%.

TSE:9990's Gross Margin % is ranked better than
72.61% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 36.29 vs TSE:9990: 49.54

Sac's Bar Holdings had a gross margin of 49.30% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sac's Bar Holdings was 1.10% per year.


Sac's Bar Holdings  (TSE:9990) 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

Sac's Bar Holdings had a gross margin of 49.30% 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.


Sac's Bar Holdings Gross Margin % Related Terms


Sac's Bar Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sac's Bar 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.

Sac's Bar Holdings Gross Margin % Chart

Sac's Bar 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 48.17 49.17 49.64 49.69 49.53

Sac's Bar 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 49.52 49.71 49.66 49.79 49.30

TSE:9990 vs TPR: Gross Margin % Comparison

For the Luxury Goods subindustry, Sac's Bar 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.


Sac's Bar Holdings Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sac's Bar Holdings's Gross Margin % distribution charts can be found below:

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


TSE:9990
75GF Score
Sac's Bar Holdings Inc TSE:9990
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sac's Bar Holdings Gross Margin % Calculation

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

Sac's Bar 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 )
=25396.8 / 51270.536
=(Revenue - Cost of Goods Sold) / Revenue
=(51270.536 - 25873.781) / 51270.536
=49.53 %

Sac's Bar 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 )
=13182.8 / 26738.612
=(Revenue - Cost of Goods Sold) / Revenue
=(26738.612 - 13555.763) / 26738.612
=49.30 %

* 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 49.30% mean?
Sac's Bar Holdings (TSE:9990) has a Gross Margin % of 49.30% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Sac's Bar Holdings and its competitors. This is near median its historical median of 48.06. Over the past decade, Sac's Bar Holdings' Gross Margin % has ranged from 46.81 to 49.69. According to the industry distribution chart, Sac's Bar Holdings ranks #306 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 27.4%.
Is Sac's Bar Holdings' Gross Margin % too high?
Sac's Bar Holdings' current Gross Margin % of 49.30% is near median its 10-year median of 48.06. Over the past 10 years, this metric has ranged from a low of 46.81 to a high of 49.69. The Retail - Cyclical industry median Gross Margin % is 36.29. Sac's Bar Holdings' value of 49.30% is 35.9% above this industry median. Based on the distribution chart, Sac's Bar Holdings ranks #306 out of 1117 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Sac's Bar Holdings has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sac's Bar Holdings' Gross Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Sac's Bar Holdings ranks #306 out of 1117 companies for Gross Margin %. This puts Sac's Bar Holdings in the upper half of its industry. The industry median Gross Margin % is 36.29. Sac's Bar Holdings' value of 49.30% is 35.9% above this benchmark. Historically, Sac's Bar Holdings' own Gross Margin % has ranged from 46.81 to 49.69 over the past decade. While the company's 10-year median is 48.06 vs. the industry median of 36.29, Sac's Bar 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.29, based on 1,117 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. Sac's Bar Holdings's current Gross Margin % of 49.30% is 35.9% 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 Sac's Bar Holdings and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sac's Bar Holdings's current Gross Margin % is 49.30%, which is near median its own 10-year median of 48.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sac's Bar Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sac's Bar Holdings (TSE:9990) is currently considered Modestly Undervalued. The stock's GF Value™ is 円836.75, compared to a current price of 円757.00 — trading 9.5% below its estimated fair value. The current Gross Margin % is 49.30%, which is near median its 10-year median of 48.06 and 35.9% above the Retail - Cyclical industry median of 36.29. Sac's Bar Holdings' overall GF Score™ is 75/100 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 Sac's Bar Holdings (TSE:9990), the current Gross Margin % is 49.30% 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 Sac's Bar Holdings (TSE:9990) Overvalued in 2026?

Based on GuruFocus' analysis, Sac's Bar Holdings stock appears to be undervalued. The current stock price of 円757.00 is trading 9.5% below its estimated GF Value™ of 円836.75. GuruFocus considers Sac's Bar Holdings to be Modestly Undervalued.

Key valuation signals for TSE:9990:

  • Gross Margin %: 49.30% (near median its 10-year median of 48.06)
  • GF Value™: 円836.75 vs. price of 円757.00 (9.5% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 35.9% above the Retail - Cyclical median (#306 of 1117)

No single metric tells the full story. See the TSE:9990 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sac's Bar Holdings Business Description

Address Katsushika-ku Shinkoiwa 1-48-14, 3rd Delica Building, Tokyo, JPN, 124-8558
Sac's Bar Holdings Inc through its subsidiaries is engaged in the retail and wholesale of bags, wallets and miscellaneous goods in China. The company operates more than 600 retail stores that sell a wide range of men's and women's bags, wallets, and accessories. The retail stores sell national and imported brands, but it also carries private-brand products. Sac's Bar's other businesses design and manufacture men's bags and luggage that wholesale to mass merchandisers, department stores, and other retailers. Majority of the company's sales come from its retail stores, which operate under the names Sac's Bar, Lapax, and Gran Sac's. The company's sales are entirely in Japan.
75GF Score

Get the complete analysis for TSE:9990

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

円757.00
Price
円836.75
GF Value