J M ABCHIX:JMS 70 Gross Margin % is 9.84% as of Mar. 2026, which is 47% below its 10-year median of 18.41. GuruFocus rates CHIX:JMS with a GF Score™ of 70/100 and a GF Value™ of kr117.62 (Fairly Valued). The stock has 11 warning signs investors should review. Among 90 Homebuilding & Construction companies, J M AB ranks worse than 94.44% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. J M AB's Gross Profit for the
three
months ended in Mar. 2026 was kr206 Mil. J M AB's Revenue for the
three
months ended in Mar. 2026 was kr2,094 Mil. Therefore, J M AB's Gross Margin % for the quarter that ended in Mar. 2026 was 9.84%.
Warning Sign:
J M AB gross margin has been in long-term decline. The average rate of decline per year is -11.1%.
The historical rank and industry rank for J M AB's Gross Margin % or its related term are showing as below:
CHIX:JMs'
s Gross Margin % Range Over the Past 10 Years
Min: 11.43 Med: 18.41 Max: 21.24
Current: 11.73
During the past 13 years, the highestGross Margin % of J M AB was 21.24%. The lowest was 11.43%. And the median was 18.41%.
CHIX:JMs's Gross Margin % is ranked worse than 94.44% of 90
companies
in the Homebuilding & Construction industry
Industry Median: 21.34
vs CHIX:JMs: 11.73
J M AB had a gross margin of 9.84% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for J M AB was -11.10% per year.
J M AB (CHIX:JMs) 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
J M AB had a gross margin of 9.84% for the quarter that ended in Mar. 2026 => No sustainable 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.
J M AB Gross Margin % Related Terms
J M AB Gross Margin % Historical Data
* Premium members only.
The historical data trend for J M AB'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.
CHIX:JMS vs DHI, PHM, LEN: Gross Margin % Comparison
For the Residential Construction subindustry, J M AB'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.
J M AB Gross Margin % vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, J M AB's Gross Margin % distribution charts can be found below:
* The bar in red indicates where J M AB'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.
J M AB (CHIX:JMS) has a Gross Margin % of 9.84% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on J M AB and its competitors. This is 47% below median its historical median of 18.41. Over the past decade, J M AB's Gross Margin % has ranged from 11.43 to 21.24. According to the industry distribution chart, J M AB ranks #85 out of 90 companies in the Homebuilding & Construction industry, placing it in the top 94.4%.
Is J M AB's Gross Margin % too high?
J M AB's current Gross Margin % of 9.84% is 47% below median its 10-year median of 18.41. Over the past 10 years, this metric has ranged from a low of 11.43 to a high of 21.24. The Homebuilding & Construction industry median Gross Margin % is 21.34. J M AB's value of 9.84% is 53.9% below this industry median. Based on the distribution chart, J M AB ranks #85 out of 90 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, J M AB has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does J M AB's Gross Margin % compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, J M AB ranks #85 out of 90 companies for Gross Margin %. This places J M AB in the lower half of its industry. The industry median Gross Margin % is 21.34. J M AB's value of 9.84% is 53.9% below this benchmark. Historically, J M AB's own Gross Margin % has ranged from 11.43 to 21.24 over the past decade. While the company's 10-year median is 18.41 vs. the industry median of 21.34, J M AB 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 Homebuilding & Construction company?
The median Gross Margin % among Homebuilding & Construction companies is 21.34, based on 90 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. J M AB's current Gross Margin % of 9.84% is 53.9% 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 J M AB and its competitors. For the Homebuilding & Construction industry, the median Gross Margin % is 21.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. J M AB's current Gross Margin % is 9.84%, which is 47% below median its own 10-year median of 18.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J M AB stock overvalued right now?
Based on GuruFocus' analysis, J M AB (CHIX:JMS) is currently considered Fairly Valued. The stock's GF Value™ is kr117.62, compared to a current price of kr114.35 — trading 2.8% below its estimated fair value. The current Gross Margin % is 9.84%, which is 47% below median its 10-year median of 18.41 and 53.9% below the Homebuilding & Construction industry median of 21.34. J M AB's overall GF Score™ is 70/100 with 11 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 J M AB (CHIX:JMS), the current Gross Margin % is 9.84% 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 J M AB (CHIX:JMS) Overvalued in 2026?
Based on GuruFocus' analysis, J M AB stock appears to be undervalued.
The current stock price of kr114.35 is trading 2.8% below its estimated GF Value™ of kr117.62.
GuruFocus considers J M AB to be Fairly Valued.
Key valuation signals for CHIX:JMS:
Gross Margin %: 9.84% (47% below median its 10-year median of 18.41)
GF Value™: kr117.62 vs. price of kr114.35 (2.8% below fair value)
Industry Position: 53.9% below the Homebuilding & Construction median (#85 of 90)
No single metric tells the full story. See the CHIX:JMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
J M AB is a Nordic residential construction developer. It is focused on apartments and townhomes in metropolitan areas and university towns across Sweden, Norway, and Finland. The company has five operating segments; JM RESIDENTIAL STOCKHOLM; which develops residential projects in Greater Stockholm, also derives maximum revenue, JM RESIDENTIAL SWEDEN; which develops residential projects in growth areas in Sweden, excluding Greater Stockholm, JM NORWAY develops residential projects. JM FINLAND also develops residential projects, and JM PROPERTY DEVELOPMENT; develops rental units, residential care units, and commercial properties in Greater Stockholm.
70GF Score
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