FFI HoldingsASX:FFI 86 Gross Margin % is 39.68% as of Dec. 2025, which is 17% below its 10-year median of 47.87. GuruFocus rates ASX:FFI with a GF Score™ of 86/100 and a GF Value™ of A$5.00 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,901 Consumer Packaged Goods companies, FFI Holdings ranks better than 75.64% on this metric.
FFI Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.3%.
The historical rank and industry rank for FFI Holdings's Gross Margin % or its related term are showing as below:
ASX:FFI'
s Gross Margin % Range Over the Past 10 Years
Min: 40.09 Med: 47.87 Max: 52.25
Current: 40.09
During the past 13 years, the highestGross Margin % of FFI Holdings was 52.25%. The lowest was 40.09%. And the median was 47.87%.
ASX:FFI's Gross Margin % is ranked better than 75.64% of 1901
companies
in the Consumer Packaged Goods industry
Industry Median: 26.37
vs ASX:FFI: 40.09
FFI Holdings had a gross margin of 39.68% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for FFI Holdings was -3.30% per year.
FFI Holdings (ASX:FFI) 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
FFI Holdings had a gross margin of 39.68% for the quarter that ended in Dec. 2025 => 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.
FFI Holdings Gross Margin % Related Terms
FFI Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for FFI 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.
ASX:FFI vs MDLZ, HSY, TR: Gross Margin % Comparison
For the Confectioners subindustry, FFI 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.
FFI Holdings Gross Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, FFI Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where FFI Holdings'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.
FFI Holdings (ASX:FFI) has a Gross Margin % of 39.68% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on FFI Holdings and its competitors. This is 17% below median its historical median of 47.87. Over the past decade, FFI Holdings' Gross Margin % has ranged from 40.09 to 52.25. According to the industry distribution chart, FFI Holdings ranks #463 out of 1901 companies in the Consumer Packaged Goods industry, placing it in the top 24.4%.
Is FFI Holdings' Gross Margin % too high?
FFI Holdings' current Gross Margin % of 39.68% is 17% below median its 10-year median of 47.87. Over the past 10 years, this metric has ranged from a low of 40.09 to a high of 52.25. The Consumer Packaged Goods industry median Gross Margin % is 26.37. FFI Holdings' value of 39.68% is 50.5% above this industry median. Based on the distribution chart, FFI Holdings ranks #463 out of 1901 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, FFI Holdings has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FFI Holdings' Gross Margin % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, FFI Holdings ranks #463 out of 1901 companies for Gross Margin %. This places FFI Holdings in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.37. FFI Holdings' value of 39.68% is 50.5% above this benchmark. Historically, FFI Holdings' own Gross Margin % has ranged from 40.09 to 52.25 over the past decade. While the company's 10-year median is 47.87 vs. the industry median of 26.37, FFI 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,901 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. FFI Holdings's current Gross Margin % of 39.68% is 50.5% 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 FFI Holdings and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FFI Holdings's current Gross Margin % is 39.68%, which is 17% below median its own 10-year median of 47.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FFI Holdings stock overvalued right now?
Based on GuruFocus' analysis, FFI Holdings (ASX:FFI) is currently considered Modestly Undervalued. The stock's GF Value™ is A$5.00, compared to a current price of A$4.13 — trading 17.4% below its estimated fair value. The current Gross Margin % is 39.68%, which is 17% below median its 10-year median of 47.87 and 50.5% above the Consumer Packaged Goods industry median of 26.37. FFI Holdings' overall GF Score™ is 86/100 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 FFI Holdings (ASX:FFI), the current Gross Margin % is 39.68% 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 FFI Holdings (ASX:FFI) Overvalued in 2026?
Based on GuruFocus' analysis, FFI Holdings stock appears to be undervalued.
The current stock price of A$4.13 is trading 17.4% below its estimated GF Value™ of A$5.00.
GuruFocus considers FFI Holdings to be Modestly Undervalued.
Key valuation signals for ASX:FFI:
Gross Margin %: 39.68% (17% below median its 10-year median of 47.87)
GF Value™: A$5.00 vs. price of A$4.13 (17.4% below fair value)
Industry Position: 50.5% above the Consumer Packaged Goods median (#463 of 1901)
No single metric tells the full story. See the ASX:FFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FFI Holdings Ltd engages in the processing, manufacturing, packaging, and distribution of food products. The company serves a range of food products for the Australian industrial, wholesale and retail markets. Its food operations include the manufacturing of chocolate, confectionery products, jam fillings, processed apple products, and other small goods. The firm operates in Food Operations and Investment Property Segment. The Food Operations segment manufactures a wide range of predominantly bakery and home cooking needs food products for distribution to a diverse customer base.. Its Investment Property segment manages the company's industrial or commercial land which is held for investment purposes. Key revenue is generated from the Food Operations segment.
86GF Score
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