Norske Skog ASAFRA:0BQ -2.41%73 Gross Margin % is 35.86% as of Mar. 2026, which is 11% below its 10-year median of 40.37. GuruFocus rates FRA:0BQ with a GF Score™ of 73/100 and a GF Value™ of €3.03 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 279 Forest Products companies, Norske Skog ASA ranks better than 74.19% on this metric.
Norske Skog ASA gross margin has been in long-term decline. The average rate of decline per year is -4.6%.
The historical rank and industry rank for Norske Skog ASA's Gross Margin % or its related term are showing as below:
FRA:0BQ'
s Gross Margin % Range Over the Past 10 Years
Min: 34.02 Med: 40.37 Max: 45.4
Current: 34.55
During the past 13 years, the highestGross Margin % of Norske Skog ASA was 45.40%. The lowest was 34.02%. And the median was 40.37%.
FRA:0BQ's Gross Margin % is ranked better than 74.19% of 279
companies
in the Forest Products industry
Industry Median: 19.05
vs FRA:0BQ: 34.55
Norske Skog ASA had a gross margin of 35.86% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Norske Skog ASA was -4.60% per year.
Norske Skog ASA (FRA:0BQ) 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
Norske Skog ASA had a gross margin of 35.86% for the quarter that ended in Mar. 2026 => 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.
Norske Skog ASA Gross Margin % Related Terms
Norske Skog ASA Gross Margin % Historical Data
* Premium members only.
The historical data trend for Norske Skog ASA'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.
For the Paper & Paper Products subindustry, Norske Skog ASA'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.
Norske Skog ASA Gross Margin % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Norske Skog ASA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Norske Skog ASA'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.
Norske Skog ASA (FRA:0BQ) has a Gross Margin % of 35.86% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Norske Skog ASA and its competitors. This is 11% below median its historical median of 40.37. Over the past decade, Norske Skog ASA's Gross Margin % has ranged from 34.02 to 45.40. According to the industry distribution chart, Norske Skog ASA ranks #72 out of 279 companies in the Forest Products industry, placing it in the top 25.8%.
Is Norske Skog ASA's Gross Margin % too high?
Norske Skog ASA's current Gross Margin % of 35.86% is 11% below median its 10-year median of 40.37. Over the past 10 years, this metric has ranged from a low of 34.02 to a high of 45.40. The Forest Products industry median Gross Margin % is 19.05. Norske Skog ASA's value of 35.86% is 88.2% above this industry median. Based on the distribution chart, Norske Skog ASA ranks #72 out of 279 companies in the Forest Products industry, which is above the industry midpoint. Overall, Norske Skog ASA has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norske Skog ASA's Gross Margin % compare to SLVM?
According to the Forest Products industry distribution chart, Norske Skog ASA ranks #72 out of 279 companies for Gross Margin %. This puts Norske Skog ASA in the upper half of its industry. The industry median Gross Margin % is 19.05. Norske Skog ASA's value of 35.86% is 88.2% above this benchmark. Historically, Norske Skog ASA's own Gross Margin % has ranged from 34.02 to 45.40 over the past decade. While the company's 10-year median is 40.37 vs. the industry median of 19.05, Norske Skog ASA 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 Forest Products company?
The median Gross Margin % among Forest Products companies is 19.05, based on 279 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. Norske Skog ASA's current Gross Margin % of 35.86% is 88.2% 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 Norske Skog ASA and its competitors. For the Forest Products industry, the median Gross Margin % is 19.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norske Skog ASA's current Gross Margin % is 35.86%, which is 11% below median its own 10-year median of 40.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norske Skog ASA stock overvalued right now?
Based on GuruFocus' analysis, Norske Skog ASA (FRA:0BQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.03, compared to a current price of €3.65 — trading 20.3% above its estimated fair value. The current Gross Margin % is 35.86%, which is 11% below median its 10-year median of 40.37 and 88.2% above the Forest Products industry median of 19.05. Norske Skog ASA's overall GF Score™ is 73/100 with 12 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 Norske Skog ASA (FRA:0BQ), the current Gross Margin % is 35.86% 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 Norske Skog ASA (FRA:0BQ) Overvalued in 2026?
Based on GuruFocus' analysis, Norske Skog ASA stock appears to be overvalued.
The current stock price of €3.65 is trading 20.3% above its estimated GF Value™ of €3.03.
GuruFocus considers Norske Skog ASA to be Modestly Overvalued.
Key valuation signals for FRA:0BQ:
Gross Margin %: 35.86% (11% below median its 10-year median of 40.37)
GF Value™: €3.03 vs. price of €3.65 (20.3% above fair value)
Industry Position: 88.2% above the Forest Products median (#72 of 279)
No single metric tells the full story. See the FRA:0BQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norske Skog ASA is a European company focused on the production of publication and packaging paper. The publication paper includes the production and sale of newsprint and magazine paper under the NOR brands. Packaging paper includes the production and sale of recycled containerboard under the Strato brand. Its product portfolio includes publication paper, recycled packaging paper, energy, and bioproducts. The company's core bioproducts are the nanocellulose product CEBINA and the bio-composite product CEBICO. Its reportable segments are Publication paper, Packaging paper, and Other activities. The majority of revenue is derived from the Publication paper segment. Geographically, the company generates the maximum revenue from Europe.
73GF Score
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