FNNTF (Flatexdegiro SE) Gross Margin %: 74.76% (As of Dec. 2025) — 16% Above Median


FNNTF Flatexdegiro SE FNNTF
83 GF Score
Price $41.95
GF Value $23.09
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Flatexdegiro SE Gross Margin %?

Flatexdegiro SE FNNTF +12.77% 83 Gross Margin % is 74.76% as of Dec. 2025, which is 16% above its 10-year median of 64.57. GuruFocus rates FNNTF with a GF Score™ of 83/100 and a GF Value™ of $23.09 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 620 Capital Markets companies, Flatexdegiro SE ranks better than 73.06% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Flatexdegiro SE's Gross Profit for the six months ended in Dec. 2025 was $239.2 Mil. Flatexdegiro SE's Revenue for the six months ended in Dec. 2025 was $320.0 Mil. Therefore, Flatexdegiro SE's Gross Margin % for the quarter that ended in Dec. 2025 was 74.76%.


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

FNNTF' s Gross Margin % Range Over the Past 10 Years
Min: 37.39   Med: 64.57   Max: 71.38
Current: 71.38


During the past 13 years, the highest Gross Margin % of Flatexdegiro SE was 71.38%. The lowest was 37.39%. And the median was 64.57%.

FNNTF's Gross Margin % is ranked better than
73.06% of 620 companies
in the Capital Markets industry
Industry Median: 49.63 vs FNNTF: 71.38

Flatexdegiro SE had a gross margin of 74.76% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Flatexdegiro SE was 1.80% per year.


Flatexdegiro SE  (OTCPK:FNNTF) 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

Flatexdegiro SE had a gross margin of 74.76% for the quarter that ended in Dec. 2025 => Durable 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.


Flatexdegiro SE Gross Margin % Related Terms


Flatexdegiro SE Gross Margin % Historical Data

* Premium members only.

The historical data trend for Flatexdegiro SE'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.

Flatexdegiro SE Gross Margin % Chart

Flatexdegiro SE 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 64.51 66.40 65.71 67.20 71.38

Flatexdegiro SE 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 67.13 66.65 67.75 67.94 74.76

FNNTF vs MS, GS, SCHW: Gross Margin % Comparison

For the Capital Markets subindustry, Flatexdegiro SE'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.


Flatexdegiro SE Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Flatexdegiro SE's Gross Margin % distribution charts can be found below:

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


FNNTF
83GF Score
Flatexdegiro SE FNNTF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Flatexdegiro SE Gross Margin % Calculation

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

Flatexdegiro SE'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 )
=452.9 / 634.543
=(Revenue - Cost of Goods Sold) / Revenue
=(634.543 - 181.616) / 634.543
=71.38 %

Flatexdegiro SE'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 )
=239.2 / 320.014
=(Revenue - Cost of Goods Sold) / Revenue
=(320.014 - 80.776) / 320.014
=74.76 %

* 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 74.76% mean?
Flatexdegiro SE (FNNTF) has a Gross Margin % of 74.76% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Flatexdegiro SE and its competitors. This is 16% above median its historical median of 64.57. Over the past decade, Flatexdegiro SE's Gross Margin % has ranged from 37.39 to 71.38. According to the industry distribution chart, Flatexdegiro SE ranks #167 out of 620 companies in the Capital Markets industry, placing it in the top 26.9%.
Is Flatexdegiro SE's Gross Margin % too high?
Flatexdegiro SE's current Gross Margin % of 74.76% is 16% above median its 10-year median of 64.57. Over the past 10 years, this metric has ranged from a low of 37.39 to a high of 71.38. The Capital Markets industry median Gross Margin % is 49.63. Flatexdegiro SE's value of 74.76% is 50.6% above this industry median. Based on the distribution chart, Flatexdegiro SE ranks #167 out of 620 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Flatexdegiro SE has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flatexdegiro SE's Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Flatexdegiro SE ranks #167 out of 620 companies for Gross Margin %. This puts Flatexdegiro SE in the upper half of its industry. The industry median Gross Margin % is 49.63. Flatexdegiro SE's value of 74.76% is 50.6% above this benchmark. Historically, Flatexdegiro SE's own Gross Margin % has ranged from 37.39 to 71.38 over the past decade. While the company's 10-year median is 64.57 vs. the industry median of 49.63, Flatexdegiro SE 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.63, based on 620 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. Flatexdegiro SE's current Gross Margin % of 74.76% is 50.6% 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 Flatexdegiro SE and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flatexdegiro SE's current Gross Margin % is 74.76%, which is 16% above median its own 10-year median of 64.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flatexdegiro SE stock overvalued right now?
Based on GuruFocus' analysis, Flatexdegiro SE (FNNTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $23.09, compared to a current price of $41.95 — trading 81.7% above its estimated fair value. The current Gross Margin % is 74.76%, which is 16% above median its 10-year median of 64.57 and 50.6% above the Capital Markets industry median of 49.63. Flatexdegiro SE's overall GF Score™ is 83/100 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 Flatexdegiro SE (FNNTF), the current Gross Margin % is 74.76% 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 Flatexdegiro SE (FNNTF) Overvalued in 2026?

Based on GuruFocus' analysis, Flatexdegiro SE stock appears to be overvalued. The current stock price of $41.95 is trading 81.7% above its estimated GF Value™ of $23.09. GuruFocus considers Flatexdegiro SE to be Significantly Overvalued.

Key valuation signals for FNNTF:

  • Gross Margin %: 74.76% (16% above median its 10-year median of 64.57)
  • GF Value™: $23.09 vs. price of $41.95 (81.7% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 50.6% above the Capital Markets median (#167 of 620)

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


Flatexdegiro SE Business Description

Address Omniturm, Grosse Gallusstrasse 16-18, Frankfurt, HE, DEU, 60312
Flatexdegiro SE is an independent online broker. The firm operates a proprietary securities trading platform under the brands flatex and DEGIRO and services more than a million European retail customers in European countries. The company also offers brokerage services and administration to corporate and institutional clients. The segments of the company are flatex and Degiro. It derives maximum revenue from Degiro segment.
83GF Score

Get the complete analysis for FNNTF

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

$41.95
Price
$23.09
GF Value