Beforepay GroupASX:B4P 60 Gross Margin % is 96.51% as of Dec. 2025, which is 2% above its 10-year median of 94.60. GuruFocus rates ASX:B4P with a GF Score™ of 60/100 and a GF Value™ of A$1.53 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,685 Software companies, Beforepay Group ranks better than 97.88% on this metric.
The historical rank and industry rank for Beforepay Group's Gross Margin % or its related term are showing as below:
ASX:B4P'
s Gross Margin % Range Over the Past 10 Years
Min: 87.75 Med: 94.6 Max: 96.38
Current: 96.38
During the past 5 years, the highestGross Margin % of Beforepay Group was 96.38%. The lowest was 87.75%. And the median was 94.60%.
ASX:B4P's Gross Margin % is ranked better than 97.88% of 2685
companies
in the Software industry
Industry Median: 40.45
vs ASX:B4P: 96.38
Beforepay Group had a gross margin of 96.51% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Beforepay Group was 0.00% per year.
Beforepay Group (ASX:B4P) 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
Beforepay Group had a gross margin of 96.51% for the quarter that ended in Dec. 2025 => 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.
Beforepay Group Gross Margin % Related Terms
Beforepay Group Gross Margin % Historical Data
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The historical data trend for Beforepay Group'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.
ASX:B4P vs MSFT, ORCL, PLTR: Gross Margin % Comparison
For the Software - Infrastructure subindustry, Beforepay Group'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.
Beforepay Group Gross Margin % vs Software Industry
For the Software industry and Technology sector, Beforepay Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Beforepay Group'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.
Beforepay Group (ASX:B4P) has a Gross Margin % of 96.51% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Beforepay Group and its competitors. This is near median its historical median of 94.60. Over the past decade, Beforepay Group's Gross Margin % has ranged from 87.75 to 96.38. According to the industry distribution chart, Beforepay Group ranks #57 out of 2685 companies in the Software industry, placing it in the top 2.1%.
Is Beforepay Group's Gross Margin % too high?
Beforepay Group's current Gross Margin % of 96.51% is near median its 10-year median of 94.60. Over the past 10 years, this metric has ranged from a low of 87.75 to a high of 96.38. The Software industry median Gross Margin % is 40.45. Beforepay Group's value of 96.51% is 138.6% above this industry median. Based on the distribution chart, Beforepay Group ranks #57 out of 2685 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Beforepay Group has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beforepay Group's Gross Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, Beforepay Group ranks #57 out of 2685 companies for Gross Margin %. This places Beforepay Group in the top 2% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. Beforepay Group's value of 96.51% is 138.6% above this benchmark. Historically, Beforepay Group's own Gross Margin % has ranged from 87.75 to 96.38 over the past decade. While the company's 10-year median is 94.60 vs. the industry median of 40.45, Beforepay Group 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 Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,685 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. Beforepay Group's current Gross Margin % of 96.51% is 138.6% 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 Beforepay Group and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beforepay Group's current Gross Margin % is 96.51%, which is near median its own 10-year median of 94.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beforepay Group stock overvalued right now?
Based on GuruFocus' analysis, Beforepay Group (ASX:B4P) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.53, compared to a current price of A$1.30 — trading 15% below its estimated fair value. The current Gross Margin % is 96.51%, which is near median its 10-year median of 94.60 and 138.6% above the Software industry median of 40.45. Beforepay Group's overall GF Score™ is 60/100 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 Beforepay Group (ASX:B4P), the current Gross Margin % is 96.51% as of Dec. 2025. 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 Beforepay Group (ASX:B4P) Overvalued in 2026?
Based on GuruFocus' analysis, Beforepay Group stock appears to be undervalued.
The current stock price of A$1.30 is trading 15% below its estimated GF Value™ of A$1.53.
GuruFocus considers Beforepay Group to be Modestly Undervalued.
Key valuation signals for ASX:B4P:
Gross Margin %: 96.51% (near median its 10-year median of 94.60)
GF Value™: A$1.53 vs. price of A$1.30 (15% below fair value)
Industry Position: 138.6% above the Software median (#57 of 2685)
No single metric tells the full story. See the ASX:B4P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beforepay Group Ltd operates in the pay-on-demand industry. It offers an app that helps users access their Pay On-Demand, track their spending habits, and learn how to budget. The Group is organised into one operating segment, being the provision of finance to its customers by way of salary advances.
60GF Score
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