Maat Pharma (FRA:4RD) Gross Margin %: 70.91% (As of Dec. 2025) — Near Median

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FRA:4RD Maat Pharma SA FRA:4RD
27 GF Score
Price €2.71
GF Value €10.64
Valuation Possible Value Trap
! 3 Warning Signs
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What is Maat Pharma Gross Margin %?

Maat Pharma FRA:4RD +2.07% 27 Gross Margin % is 70.91% as of Dec. 2025, which is 5% below its 10-year median of 74.28. GuruFocus rates FRA:4RD with a GF Score™ of 27/100 and a GF Value™ of €10.64 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 733 Biotechnology companies, Maat Pharma ranks better than 58.53% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Maat Pharma's Gross Profit for the six months ended in Dec. 2025 was €1.49 Mil. Maat Pharma's Revenue for the six months ended in Dec. 2025 was €2.10 Mil. Therefore, Maat Pharma's Gross Margin % for the quarter that ended in Dec. 2025 was 70.91%.


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

FRA:4RD' s Gross Margin % Range Over the Past 10 Years
Min: 61.13   Med: 74.28   Max: 82.92
Current: 69.05


During the past 8 years, the highest Gross Margin % of Maat Pharma was 82.92%. The lowest was 61.13%. And the median was 74.28%.

FRA:4RD's Gross Margin % is ranked better than
58.53% of 733 companies
in the Biotechnology industry
Industry Median: 60.9 vs FRA:4RD: 69.05

Maat Pharma had a gross margin of 70.91% for the quarter that ended in Dec. 2025 => Durable competitive advantage

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


Maat Pharma  (FRA:4RD) 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

Maat Pharma had a gross margin of 70.91% 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.


Maat Pharma Gross Margin % Related Terms


Maat Pharma Gross Margin % Historical Data

* Premium members only.

The historical data trend for Maat Pharma'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.

Maat Pharma Gross Margin % Chart

Maat Pharma Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 82.92 76.29 74.28 61.13 69.05

Maat Pharma Semi-Annual Data
Dec18 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 65.88 68.80 52.31 67.45 70.91

FRA:4RD vs VRTX, REGN, ALNY: Gross Margin % Comparison

For the Biotechnology subindustry, Maat Pharma'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.


Maat Pharma Gross Margin % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Maat Pharma's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Maat Pharma's Gross Margin % falls into.


FRA:4RD
27GF Score
Maat Pharma SA FRA:4RD
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maat Pharma Gross Margin % Calculation

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

Maat Pharma'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 )
=3.1 / 4.524
=(Revenue - Cost of Goods Sold) / Revenue
=(4.524 - 1.4) / 4.524
=69.05 %

Maat Pharma'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 )
=1.5 / 2.097
=(Revenue - Cost of Goods Sold) / Revenue
=(2.097 - 0.61) / 2.097
=70.91 %

* 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 70.91% mean?
Maat Pharma (FRA:4RD) has a Gross Margin % of 70.91% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Maat Pharma and its competitors. This is near median its historical median of 74.28. Over the past decade, Maat Pharma's Gross Margin % has ranged from 61.13 to 82.92. According to the industry distribution chart, Maat Pharma ranks #304 out of 733 companies in the Biotechnology industry, placing it in the top 41.5%.
Is Maat Pharma's Gross Margin % too high?
Maat Pharma's current Gross Margin % of 70.91% is near median its 10-year median of 74.28. Over the past 10 years, this metric has ranged from a low of 61.13 to a high of 82.92. The Biotechnology industry median Gross Margin % is 60.90. Maat Pharma's value of 70.91% is 16.4% above this industry median. Based on the distribution chart, Maat Pharma ranks #304 out of 733 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Maat Pharma has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maat Pharma's Gross Margin % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Maat Pharma ranks #304 out of 733 companies for Gross Margin %. This puts Maat Pharma in the upper half of its industry. The industry median Gross Margin % is 60.90. Maat Pharma's value of 70.91% is 16.4% above this benchmark. Historically, Maat Pharma's own Gross Margin % has ranged from 61.13 to 82.92 over the past decade. While the company's 10-year median is 74.28 vs. the industry median of 60.90, Maat Pharma 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 Biotechnology company?
The median Gross Margin % among Biotechnology companies is 60.90, based on 733 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. Maat Pharma's current Gross Margin % of 70.91% is 16.4% 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 Maat Pharma and its competitors. For the Biotechnology industry, the median Gross Margin % is 60.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maat Pharma's current Gross Margin % is 70.91%, which is near median its own 10-year median of 74.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maat Pharma stock overvalued right now?
Based on GuruFocus' analysis, Maat Pharma (FRA:4RD) is currently considered Possible Value Trap. The stock's GF Value™ is €10.64, compared to a current price of €2.71 — trading 74.5% below its estimated fair value. The current Gross Margin % is 70.91%, which is near median its 10-year median of 74.28 and 16.4% above the Biotechnology industry median of 60.90. Maat Pharma's overall GF Score™ is 27/100 with 3 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 Maat Pharma (FRA:4RD), the current Gross Margin % is 70.91% 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 Maat Pharma (FRA:4RD) Overvalued in 2026?

Based on GuruFocus' analysis, Maat Pharma stock appears to be undervalued. The current stock price of €2.71 is trading 74.5% below its estimated GF Value™ of €10.64. GuruFocus considers Maat Pharma to be Possible Value Trap.

Key valuation signals for FRA:4RD:

  • Gross Margin %: 70.91% (near median its 10-year median of 74.28)
  • GF Value™: €10.64 vs. price of €2.71 (74.5% below fair value)
  • GF Score™: 27/100 with 3 warning signs
  • Industry Position: 16.4% above the Biotechnology median (#304 of 733)

No single metric tells the full story. See the FRA:4RD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maat Pharma Business Description

Other Exchanges MAAT:France
Address 70 Avenue Tony Garnier, Lyon, FRA, 69007
Maat Pharma SA is a french clinical stage biotech and a pioneer in the development of microbiome based ecosystem therapies dedicated to improving survival outcomes for patients with cancer.
27GF Score

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

€2.71
Price
€10.64
GF Value