Madmind Studio (FRA:12R) Gross Margin %: 88.43% (As of Mar. 2026) — 30% Below Median


FRA:12R Madmind Studio SA FRA:12R
48 GF Score
Price €0.07
GF Value €0.25
! 5 Warning Signs
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What is Madmind Studio Gross Margin %?

Madmind Studio FRA:12R -0.29% 48 Gross Margin % is 88.43% as of Mar. 2026, which is 30% below its 10-year median of 125.68. GuruFocus rates FRA:12R with a GF Score™ of 48/100 and a GF Value™ of €0.25. The stock has 5 warning signs investors should review. Among 497 Interactive Media companies, Madmind Studio ranks better than 95.98% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Madmind Studio's Gross Profit for the three months ended in Mar. 2026 was €0.11 Mil. Madmind Studio's Revenue for the three months ended in Mar. 2026 was €0.12 Mil. Therefore, Madmind Studio's Gross Margin % for the quarter that ended in Mar. 2026 was 88.43%.


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

FRA:12R' s Gross Margin % Range Over the Past 10 Years
Min: 55.08   Med: 125.68   Max: 171.39
Current: 125.6


During the past 5 years, the highest Gross Margin % of Madmind Studio was 171.39%. The lowest was 55.08%. And the median was 125.68%.

FRA:12R's Gross Margin % is ranked better than
95.98% of 497 companies
in the Interactive Media industry
Industry Median: 62.58 vs FRA:12R: 125.60

Madmind Studio had a gross margin of 88.43% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Madmind Studio was 0.00% per year.


Madmind Studio  (FRA:12R) 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

Madmind Studio had a gross margin of 88.43% for the quarter that ended in Mar. 2026 => 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.


Madmind Studio Gross Margin % Related Terms


Madmind Studio Gross Margin % Historical Data

* Premium members only.

The historical data trend for Madmind Studio'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.

Madmind Studio Gross Margin % Chart

Madmind Studio Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
55.09 125.70 171.55 123.51 142.34

Madmind Studio Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 117.76 0.00 163.12 103.59 88.43

FRA:12R vs NTES, EA, TTWO: Gross Margin % Comparison

For the Electronic Gaming & Multimedia subindustry, Madmind Studio'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.


Madmind Studio Gross Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Madmind Studio's Gross Margin % distribution charts can be found below:

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


FRA:12R
48GF Score
Madmind Studio SA FRA:12R
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Madmind Studio Gross Margin % Calculation

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

Madmind Studio'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 )
=0.6 / 0.418
=(Revenue - Cost of Goods Sold) / Revenue
=(0.418 - -0.177) / 0.418
=142.34 %

Madmind Studio's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0.1 / 0.121
=(Revenue - Cost of Goods Sold) / Revenue
=(0.121 - 0.014) / 0.121
=88.43 %

* 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 88.43% mean?
Madmind Studio (FRA:12R) has a Gross Margin % of 88.43% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Madmind Studio and its competitors. This is 30% below median its historical median of 125.68. Over the past decade, Madmind Studio's Gross Margin % has ranged from 55.08 to 171.39. According to the industry distribution chart, Madmind Studio ranks #20 out of 497 companies in the Interactive Media industry, placing it in the top 4%.
Is Madmind Studio's Gross Margin % too high?
Madmind Studio's current Gross Margin % of 88.43% is 30% below median its 10-year median of 125.68. Over the past 10 years, this metric has ranged from a low of 55.08 to a high of 171.39. The Interactive Media industry median Gross Margin % is 62.58. Madmind Studio's value of 88.43% is 41.3% above this industry median. Based on the distribution chart, Madmind Studio ranks #20 out of 497 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Madmind Studio has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Madmind Studio's Gross Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Madmind Studio ranks #20 out of 497 companies for Gross Margin %. This places Madmind Studio in the top 4% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 62.58. Madmind Studio's value of 88.43% is 41.3% above this benchmark. Historically, Madmind Studio's own Gross Margin % has ranged from 55.08 to 171.39 over the past decade. While the company's 10-year median is 125.68 vs. the industry median of 62.58, Madmind Studio 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 Interactive Media company?
The median Gross Margin % among Interactive Media companies is 62.58, based on 497 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. Madmind Studio's current Gross Margin % of 88.43% is 41.3% 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 Madmind Studio and its competitors. For the Interactive Media industry, the median Gross Margin % is 62.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madmind Studio's current Gross Margin % is 88.43%, which is 30% below median its own 10-year median of 125.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madmind Studio stock overvalued right now?
Madmind Studio (FRA:12R) has a current Gross Margin % of 88.43%. The stock's GF Value™ is €0.25, compared to a current price of €0.07 — trading 72.6% below its estimated fair value. The current Gross Margin % is 88.43%, which is 30% below median its 10-year median of 125.68 and 41.3% above the Interactive Media industry median of 62.58. Madmind Studio's overall GF Score™ is 48/100 with 5 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 Madmind Studio (FRA:12R), the current Gross Margin % is 88.43% 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 Madmind Studio (FRA:12R) Overvalued in 2026?

Based on GuruFocus' analysis, Madmind Studio stock appears to be undervalued. The current stock price of €0.07 is trading 72.6% below its estimated GF Value™ of €0.25.

Key valuation signals for FRA:12R:

  • Gross Margin %: 88.43% (30% below median its 10-year median of 125.68)
  • GF Value™: €0.25 vs. price of €0.07 (72.6% below fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 41.3% above the Interactive Media median (#20 of 497)

No single metric tells the full story. See the FRA:12R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Madmind Studio Business Description

Other Exchanges MMS:Poland
Address ul. Grunwaldzka 229, Bydgoszcz, POL, 85-451
Madmind Studio SA is a video game development company. The studio comprises veteran game developers, who have worked on AAA titles such as The Division, Witcher 3, Sniper: Ghost Warrior 2, Alien Rage, Enemy Front, Real Boxing 2, Godfire: Rise of the Prometheus etc.
48GF Score

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

€0.07
Price
€0.25
GF Value