NSEFRA:7YM +1.25%74 Gross Margin % is 51.23% as of Dec. 2025, which is 15% below its 10-year median of 60.36. GuruFocus rates FRA:7YM with a GF Score™ of 74/100 and a GF Value™ of €38.83 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,453 Hardware companies, NSE ranks better than 86.42% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. NSE's Gross Profit for the
six
months ended in Dec. 2025 was €29.7 Mil. NSE's Revenue for the
six
months ended in Dec. 2025 was €58.0 Mil. Therefore, NSE's Gross Margin % for the quarter that ended in Dec. 2025 was 51.23%.
Warning Sign:
NSE SA gross margin has been in long-term decline. The average rate of decline per year is -7.6%.
The historical rank and industry rank for NSE's Gross Margin % or its related term are showing as below:
FRA:7YM'
s Gross Margin % Range Over the Past 10 Years
Min: 43.87 Med: 60.36 Max: 67.86
Current: 49
During the past 13 years, the highestGross Margin % of NSE was 67.86%. The lowest was 43.87%. And the median was 60.36%.
FRA:7YM's Gross Margin % is ranked better than 86.42% of 2453
companies
in the Hardware industry
Industry Median: 24.52
vs FRA:7YM: 49.00
NSE had a gross margin of 51.23% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for NSE was -7.60% per year.
NSE (FRA:7YM) 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
NSE had a gross margin of 51.23% 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.
NSE Gross Margin % Related Terms
NSE Gross Margin % Historical Data
* Premium members only.
The historical data trend for NSE'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.
FRA:7YM vs COHR, KEYS, GRMN: Gross Margin % Comparison
For the Scientific & Technical Instruments subindustry, NSE'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.
NSE Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, NSE's Gross Margin % distribution charts can be found below:
* The bar in red indicates where NSE'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.
NSE (FRA:7YM) has a Gross Margin % of 51.23% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on NSE and its competitors. This is 15% below median its historical median of 60.36. Over the past decade, NSE's Gross Margin % has ranged from 43.87 to 67.86. According to the industry distribution chart, NSE ranks #333 out of 2453 companies in the Hardware industry, placing it in the top 13.6%.
Is NSE's Gross Margin % too high?
NSE's current Gross Margin % of 51.23% is 15% below median its 10-year median of 60.36. Over the past 10 years, this metric has ranged from a low of 43.87 to a high of 67.86. The Hardware industry median Gross Margin % is 24.52. NSE's value of 51.23% is 108.9% above this industry median. Based on the distribution chart, NSE ranks #333 out of 2453 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, NSE has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NSE's Gross Margin % compare to COHR and KEYS?
According to the Hardware industry distribution chart, NSE ranks #333 out of 2453 companies for Gross Margin %. This places NSE in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.52. NSE's value of 51.23% is 108.9% above this benchmark. Historically, NSE's own Gross Margin % has ranged from 43.87 to 67.86 over the past decade. While the company's 10-year median is 60.36 vs. the industry median of 24.52, NSE 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.52, based on 2,453 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. NSE's current Gross Margin % of 51.23% is 108.9% 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 NSE and its competitors. For the Hardware industry, the median Gross Margin % is 24.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NSE's current Gross Margin % is 51.23%, which is 15% below median its own 10-year median of 60.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NSE stock overvalued right now?
Based on GuruFocus' analysis, NSE (FRA:7YM) is currently considered Modestly Overvalued. The stock's GF Value™ is €38.83, compared to a current price of €48.10 — trading 23.9% above its estimated fair value. The current Gross Margin % is 51.23%, which is 15% below median its 10-year median of 60.36 and 108.9% above the Hardware industry median of 24.52. NSE's overall GF Score™ is 74/100 with 9 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 NSE (FRA:7YM), the current Gross Margin % is 51.23% 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 NSE (FRA:7YM) Overvalued in 2026?
Based on GuruFocus' analysis, NSE stock appears to be overvalued.
The current stock price of €48.10 is trading 23.9% above its estimated GF Value™ of €38.83.
GuruFocus considers NSE to be Modestly Overvalued.
Key valuation signals for FRA:7YM:
Gross Margin %: 51.23% (15% below median its 10-year median of 60.36)
GF Value™: €38.83 vs. price of €48.10 (23.9% above fair value)
Industry Position: 108.9% above the Hardware median (#333 of 2453)
No single metric tells the full story. See the FRA:7YM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NSE SA is engaged in developing, designing, and selling integrated systems and support services in the defense, aerospace and electronics sectors. It offers onboard electronic and electromechanical navigation systems and equipment, Flight data monitoring and tracking, Intelligent geolocation systems.
74GF Score
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