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Quality and ReliabilityATH:QUAL -0.31%77 Gross Margin % is 24.41% as of Dec. 2025, which is 19% below its 10-year median of 30.15. GuruFocus rates ATH:QUAL with a GF Score™ of 77/100 and a GF Value™ of €2.06 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,691 Software companies, Quality and Reliability ranks worse than 64.59% on this metric.
Quality and Reliability (ATH:QUAL) 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
Quality and Reliability had a gross margin of 24.41% 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.
Quality and Reliability Gross Margin % Related Terms
Quality and Reliability Gross Margin % Historical Data
* 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.
ATH:QUAL vs QH, SHOP, UBER: Gross Margin % Comparison
For the Software - Application subindustry, Quality and Reliability'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.
Quality and Reliability Gross Margin % vs Software Industry
For the Software industry and Technology sector, Quality and Reliability's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Quality and Reliability'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.
Quality and Reliability (ATH:QUAL) has a Gross Margin % of 24.41% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Quality and Reliability and its competitors. This is 19% below median its historical median of 30.15. Over the past decade, Quality and Reliability's Gross Margin % has ranged from 25.55 to 48.08. According to the industry distribution chart, Quality and Reliability ranks #1738 out of 2691 companies in the Software industry, placing it in the top 64.6%.
Is Quality and Reliability's Gross Margin % too high?
Quality and Reliability's current Gross Margin % of 24.41% is 19% below median its 10-year median of 30.15. Over the past 10 years, this metric has ranged from a low of 25.55 to a high of 48.08. The Software industry median Gross Margin % is 40.67. Quality and Reliability's value of 24.41% is 40% below this industry median. Based on the distribution chart, Quality and Reliability ranks #1738 out of 2691 companies in the Software industry, which is below the industry midpoint. Overall, Quality and Reliability has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Quality and Reliability's Gross Margin % compare to QH and SHOP?
According to the Software industry distribution chart, Quality and Reliability ranks #1738 out of 2691 companies for Gross Margin %. This places Quality and Reliability in the lower half of its industry. The industry median Gross Margin % is 40.67. Quality and Reliability's value of 24.41% is 40% below this benchmark. Historically, Quality and Reliability's own Gross Margin % has ranged from 25.55 to 48.08 over the past decade. While the company's 10-year median is 30.15 vs. the industry median of 40.67, Quality and Reliability has consistently been below 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 40.67, based on 2,691 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. Quality and Reliability's current Gross Margin % of 24.41% is 40% below 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 Quality and Reliability and its competitors. For the Software industry, the median Gross Margin % is 40.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quality and Reliability's current Gross Margin % is 24.41%, which is 19% below median its own 10-year median of 30.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality and Reliability stock overvalued right now?
Based on GuruFocus' analysis, Quality and Reliability (ATH:QUAL) is currently considered Possible Value Trap. The stock's GF Value™ is €2.06, compared to a current price of €1.30 — trading 36.7% below its estimated fair value. The current Gross Margin % is 24.41%, which is 19% below median its 10-year median of 30.15 and 40% below the Software industry median of 40.67. Quality and Reliability's overall GF Score™ is 77/100 with 7 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 Quality and Reliability (ATH:QUAL), the current Gross Margin % is 24.41% 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 Quality and Reliability (ATH:QUAL) Overvalued in 2026?
Based on GuruFocus' analysis, Quality and Reliability stock appears to be undervalued.
The current stock price of €1.30 is trading 36.7% below its estimated GF Value™ of €2.06.
GuruFocus considers Quality and Reliability to be Possible Value Trap.
Key valuation signals for ATH:QUAL:
Gross Margin %: 24.41% (19% below median its 10-year median of 30.15)
GF Value™: €2.06 vs. price of €1.30 (36.7% below fair value)
Industry Position: 40% below the Software median (#1738 of 2691)
No single metric tells the full story. See the ATH:QUAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quality and Reliability SA is engaged in software development and in the provision of integration services for information systems. The company delivers complex Integrated Information Systems for large and mid-size enterprises in the public and private sectors, cutting-edge technology solutions for Financial Institutions, Enterprise web Portals, white label e-Bookstore platforms & label e-commerce solutions, cross-platform Mobile Applications and multi-platform eBook interactive educational authoring tools.
77GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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