YONXF (Yonex Co) Gross Margin %: 44.52% (As of Mar. 2026) — Near Median


YONXF Yonex Co Ltd YONXF
89 GF Score
Price $23.12
GF Value $28.63
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What is Yonex Co Gross Margin %?

Yonex Co YONXF 89 Gross Margin % is 44.52% as of Mar. 2026, which is 3% above its 10-year median of 43.40. GuruFocus rates YONXF with a GF Score™ of 89/100 and a GF Value™ of $28.63. Among 792 Travel & Leisure companies, Yonex Co ranks better than 50.63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Yonex Co's Gross Profit for the three months ended in Mar. 2026 was $121 Mil. Yonex Co's Revenue for the three months ended in Mar. 2026 was $272 Mil. Therefore, Yonex Co's Gross Margin % for the quarter that ended in Mar. 2026 was 44.52%.


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

YONXF' s Gross Margin % Range Over the Past 10 Years
Min: 41.28   Med: 43.4   Max: 44.88
Current: 44.32


During the past 13 years, the highest Gross Margin % of Yonex Co was 44.88%. The lowest was 41.28%. And the median was 43.40%.

YONXF's Gross Margin % is ranked better than
50.63% of 792 companies
in the Travel & Leisure industry
Industry Median: 43.79 vs YONXF: 44.32

Yonex Co had a gross margin of 44.52% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Yonex Co was 1.10% per year.


Yonex Co  (OTCPK:YONXF) 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

Yonex Co had a gross margin of 44.52% 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.


Yonex Co Gross Margin % Related Terms


Yonex Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Yonex 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.

Yonex Co Gross Margin % Chart

Yonex Co 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 44.83 42.89 44.32 44.88 44.32

Yonex Co 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 42.55 47.23 40.46 45.02 44.52

YONXF vs AS, HAS, LTH: Gross Margin % Comparison

For the Leisure subindustry, Yonex 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.


Yonex Co Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yonex Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Yonex Co's Gross Margin % falls into.


YONXF
89GF Score
Yonex Co Ltd YONXF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Yonex Co Gross Margin % Calculation

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

Yonex Co'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 )
=457.1 / 1031.259
=(Revenue - Cost of Goods Sold) / Revenue
=(1031.259 - 574.202) / 1031.259
=44.32 %

Yonex Co'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 )
=121.1 / 272.046
=(Revenue - Cost of Goods Sold) / Revenue
=(272.046 - 150.93) / 272.046
=44.52 %

* 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 44.52% mean?
Yonex Co (YONXF) has a Gross Margin % of 44.52% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Yonex Co and its competitors. This is near median its historical median of 43.40. Over the past decade, Yonex Co's Gross Margin % has ranged from 41.28 to 44.88. According to the industry distribution chart, Yonex Co ranks #391 out of 792 companies in the Travel & Leisure industry, placing it in the top 49.4%.
Is Yonex Co's Gross Margin % too high?
Yonex Co's current Gross Margin % of 44.52% is near median its 10-year median of 43.40. Over the past 10 years, this metric has ranged from a low of 41.28 to a high of 44.88. The Travel & Leisure industry median Gross Margin % is 43.79. Yonex Co's value of 44.52% is 1.7% above this industry median. Based on the distribution chart, Yonex Co ranks #391 out of 792 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Yonex Co has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Yonex Co's Gross Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Yonex Co ranks #391 out of 792 companies for Gross Margin %. This puts Yonex Co in the upper half of its industry. The industry median Gross Margin % is 43.79. Yonex Co's value of 44.52% is 1.7% above this benchmark. Historically, Yonex Co's own Gross Margin % has ranged from 41.28 to 44.88 over the past decade. While the company's 10-year median is 43.40 vs. the industry median of 43.79, Yonex 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.79, based on 792 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. Yonex Co's current Gross Margin % of 44.52% is 1.7% 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 Yonex Co and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yonex Co's current Gross Margin % is 44.52%, which is near median its own 10-year median of 43.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yonex Co stock overvalued right now?
Yonex Co (YONXF) has a current Gross Margin % of 44.52%. The stock's GF Value™ is $28.63, compared to a current price of $23.12 — trading 19.2% below its estimated fair value. The current Gross Margin % is 44.52%, which is near median its 10-year median of 43.40 and 1.7% above the Travel & Leisure industry median of 43.79. Yonex Co's overall GF Score™ is 89/100. 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 Yonex Co (YONXF), the current Gross Margin % is 44.52% 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 Yonex Co (YONXF) Overvalued in 2026?

Based on GuruFocus' analysis, Yonex Co stock appears to be undervalued. The current stock price of $23.12 is trading 19.2% below its estimated GF Value™ of $28.63.

Key valuation signals for YONXF:

  • Gross Margin %: 44.52% (near median its 10-year median of 43.40)
  • GF Value™: $28.63 vs. price of $23.12 (19.2% below fair value)
  • GF Score™: 89/100
  • Industry Position: 1.7% above the Travel & Leisure median (#391 of 792)

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


Yonex Co Business Description

Other Exchanges 7906:Japan
Address 3-23-13 Yushima, Bunkyo-ku, Tokyo, JPN, 113-8543
Yonex Co Ltd is a Japan based company engaged in manufacture and sale of sporting goods and golf course management. It produces Badminton Equipment, Tennis, Soft Tennis Equipment, and Golf Equipment. The Badminton Equipment includes Racquets, shuttlecocks, strings, apparel, shoes, bags, etc.; The Tennis, Soft Tennis Equipment includes Racquets, strings, apparel, shoes, bags, balls, etc. and Golf Equipment includes Woods, irons, putters, shafts, apparel, shoes, bags, accessories, etc. It has four geographical segments Japan, North America, Europe, and Asia.
89GF Score

Get the complete analysis for YONXF

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

$23.12
Price
$28.63
GF Value