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Kandal M VentureFMFC -1.00%21 Gross Margin % is 18.72% as of Sep. 2025, which is 10% below its 10-year median of 20.87. GuruFocus rates FMFC with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, Kandal M Venture ranks worse than 71% on this metric.
Kandal M Venture had a gross margin of 18.72% for the quarter that ended in Sep. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Kandal M Venture was 0.00% per year.
Kandal M Venture (NAS:FMFC) 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
Kandal M Venture had a gross margin of 18.72% for the quarter that ended in Sep. 2025 => 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.
Kandal M Venture Gross Margin % Related Terms
Kandal M Venture Gross Margin % Historical Data
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The historical data trend for Kandal M Venture'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.
FMFC vs AREB, NKE, DECK: Gross Margin % Comparison
For the Footwear & Accessories subindustry, Kandal M Venture'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.
Kandal M Venture Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kandal M Venture's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kandal M Venture'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.
Kandal M Venture (FMFC) has a Gross Margin % of 18.72% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Kandal M Venture and its competitors. This is 10% below median its historical median of 20.87. Over the past decade, Kandal M Venture's Gross Margin % has ranged from 16.52 to 24.10. According to the industry distribution chart, Kandal M Venture ranks #727 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 71%.
Is Kandal M Venture's Gross Margin % too high?
Kandal M Venture's current Gross Margin % of 18.72% is 10% below median its 10-year median of 20.87. Over the past 10 years, this metric has ranged from a low of 16.52 to a high of 24.10. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.44. Kandal M Venture's value of 18.72% is 34.2% below this industry median. Based on the distribution chart, Kandal M Venture ranks #727 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Kandal M Venture has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Kandal M Venture's Gross Margin % compare to AREB and NKE?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kandal M Venture ranks #727 out of 1024 companies for Gross Margin %. This places Kandal M Venture in the lower half of its industry. The industry median Gross Margin % is 28.44. Kandal M Venture's value of 18.72% is 34.2% below this benchmark. Historically, Kandal M Venture's own Gross Margin % has ranged from 16.52 to 24.10 over the past decade. While the company's 10-year median is 20.87 vs. the industry median of 28.44, Kandal M Venture 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.44, based on 1,024 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. Kandal M Venture's current Gross Margin % of 18.72% is 34.2% 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 Kandal M Venture and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kandal M Venture's current Gross Margin % is 18.72%, which is 10% below median its own 10-year median of 20.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kandal M Venture stock overvalued right now?
Kandal M Venture (FMFC) has a current Gross Margin % of 18.72%. The current Gross Margin % is 18.72%, which is 10% below median its 10-year median of 20.87 and 34.2% below the Manufacturing - Apparel & Accessories industry median of 28.44. Kandal M Venture's overall GF Score™ is 21/100 with 2 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 Kandal M Venture (FMFC), the current Gross Margin % is 18.72% as of Sep. 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.
Kandal M Venture Ltd is engaged in manufacturing affordable luxury leather goods. The company manufactures handbags, such as shoulder bags, crossbody bags, tote bags, backpacks, top-handle handbags, satchels, and other smaller leather goods, such as wallets. Geographically, the company derives maximum revenue from the United States, and it also has its presence in Europe, Canada, Japan, and Other countries.
21GF Score
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