CBLNF (Mersen) Gross Margin %: 29.46% (As of Dec. 2025) — Near Median


CBLNF Mersen SA CBLNF
81 GF Score
Price $42.40
GF Value $36.30
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Mersen Gross Margin %?

Mersen CBLNF 81 Gross Margin % is 29.46% as of Dec. 2025, which is 6% below its 10-year median of 31.31. GuruFocus rates CBLNF with a GF Score™ of 81/100 and a GF Value™ of $36.30 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 3,003 Industrial Products companies, Mersen ranks better than 57.61% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Mersen's Gross Profit for the six months ended in Dec. 2025 was $199 Mil. Mersen's Revenue for the six months ended in Dec. 2025 was $674 Mil. Therefore, Mersen's Gross Margin % for the quarter that ended in Dec. 2025 was 29.46%.


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

CBLNF' s Gross Margin % Range Over the Past 10 Years
Min: 29.64   Med: 31.31   Max: 32.45
Current: 29.64


During the past 13 years, the highest Gross Margin % of Mersen was 32.45%. The lowest was 29.64%. And the median was 31.31%.

CBLNF's Gross Margin % is ranked better than
57.61% of 3003 companies
in the Industrial Products industry
Industry Median: 26.79 vs CBLNF: 29.64

Mersen had a gross margin of 29.46% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Mersen was -0.10% per year.


Mersen  (OTCPK:CBLNF) 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

Mersen had a gross margin of 29.46% 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.


Mersen Gross Margin % Related Terms


Mersen Gross Margin % Historical Data

* Premium members only.

The historical data trend for Mersen'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.

Mersen Gross Margin % Chart

Mersen Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.40 31.22 31.83 31.02 29.64

Mersen Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 31.57 32.60 29.44 29.82 29.46

CBLNF vs VRT, BE, NVT: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, Mersen'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.


Mersen Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mersen's Gross Margin % distribution charts can be found below:

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


CBLNF
81GF Score
Mersen SA CBLNF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mersen Gross Margin % Calculation

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

Mersen's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=411.8 / 1389.227
=(Revenue - Cost of Goods Sold) / Revenue
=(1389.227 - 977.4) / 1389.227
=29.64 %

Mersen's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=198.7 / 674.473
=(Revenue - Cost of Goods Sold) / Revenue
=(674.473 - 475.761) / 674.473
=29.46 %

* 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 29.46% mean?
Mersen (CBLNF) has a Gross Margin % of 29.46% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Mersen and its competitors. This is near median its historical median of 31.31. Over the past decade, Mersen's Gross Margin % has ranged from 29.64 to 32.45. According to the industry distribution chart, Mersen ranks #1273 out of 3003 companies in the Industrial Products industry, placing it in the top 42.4%.
Is Mersen's Gross Margin % too high?
Mersen's current Gross Margin % of 29.46% is near median its 10-year median of 31.31. Over the past 10 years, this metric has ranged from a low of 29.64 to a high of 32.45. The Industrial Products industry median Gross Margin % is 26.79. Mersen's value of 29.46% is 10% above this industry median. Based on the distribution chart, Mersen ranks #1273 out of 3003 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Mersen has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mersen's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mersen ranks #1273 out of 3003 companies for Gross Margin %. This puts Mersen in the upper half of its industry. The industry median Gross Margin % is 26.79. Mersen's value of 29.46% is 10% above this benchmark. Historically, Mersen's own Gross Margin % has ranged from 29.64 to 32.45 over the past decade. While the company's 10-year median is 31.31 vs. the industry median of 26.79, Mersen 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.79, based on 3,003 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. Mersen's current Gross Margin % of 29.46% is 10% 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 Mersen and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mersen's current Gross Margin % is 29.46%, which is near median its own 10-year median of 31.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mersen stock overvalued right now?
Based on GuruFocus' analysis, Mersen (CBLNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $36.30, compared to a current price of $42.40 — trading 16.8% above its estimated fair value. The current Gross Margin % is 29.46%, which is near median its 10-year median of 31.31 and 10% above the Industrial Products industry median of 26.79. Mersen's overall GF Score™ is 81/100 with 10 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 Mersen (CBLNF), the current Gross Margin % is 29.46% 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 Mersen (CBLNF) Overvalued in 2026?

Based on GuruFocus' analysis, Mersen stock appears to be overvalued. The current stock price of $42.40 is trading 16.8% above its estimated GF Value™ of $36.30. GuruFocus considers Mersen to be Modestly Overvalued.

Key valuation signals for CBLNF:

  • Gross Margin %: 29.46% (near median its 10-year median of 31.31)
  • GF Value™: $36.30 vs. price of $42.40 (16.8% above fair value)
  • GF Score™: 81/100 with 10 warning signs
  • Industry Position: 10% above the Industrial Products median (#1273 of 3003)

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


Mersen Business Description

Address Tour Trinity, 1 bis place de la Defense, Courbevoie, FRA, 92400
Mersen SA produces and sells electrical power products and materials across France, North America, Europe, and the Asia-Pacific, and globally. The group's operations are divided into two segments: Advanced Materials and Electrical Power. The Advanced Materials segment focuses on ormulation and manufacture of materials like graphite, silicon carbide, carbon fiber insulation and carbon-carbon composites to the design of final products in line with customer needs. Meanwhile, the Electrical Power segment offers a range of solutions and products designed to perform the following principal functions across the entire electrical chain.
81GF Score

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

$42.40
Price
$36.30
GF Value