Kumulus VapeFRA:8E9 -4.92%76 Gross Margin % is 30.12% as of Dec. 2025, which is 110% above its 10-year median of 14.34. GuruFocus rates FRA:8E9 with a GF Score™ of 76/100 and a GF Value™ of €6.08. The stock has 4 warning signs investors should review. Among 1,111 Retail - Cyclical companies, Kumulus Vape ranks worse than 75.52% on this metric.
The historical rank and industry rank for Kumulus Vape's Gross Margin % or its related term are showing as below:
FRA:8E9'
s Gross Margin % Range Over the Past 10 Years
Min: 11.56 Med: 14.34 Max: 23.53
Current: 21.86
During the past 10 years, the highestGross Margin % of Kumulus Vape was 23.53%. The lowest was 11.56%. And the median was 14.34%.
FRA:8E9's Gross Margin % is ranked worse than 75.52% of 1111
companies
in the Retail - Cyclical industry
Industry Median: 36.37
vs FRA:8E9: 21.86
Kumulus Vape had a gross margin of 30.12% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Kumulus Vape was 15.00% per year.
Kumulus Vape (FRA:8E9) 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
Kumulus Vape had a gross margin of 30.12% for the quarter that ended in Dec. 2025 => 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.
Kumulus Vape Gross Margin % Related Terms
Kumulus Vape Gross Margin % Historical Data
* Premium members only.
The historical data trend for Kumulus Vape'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:8E9 vs AMZN, BABA, PDD: Gross Margin % Comparison
For the Internet Retail subindustry, Kumulus Vape'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.
Kumulus Vape Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Kumulus Vape's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kumulus Vape'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.
Kumulus Vape (FRA:8E9) has a Gross Margin % of 30.12% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Kumulus Vape and its competitors. This is 110% above median its historical median of 14.34. Over the past decade, Kumulus Vape's Gross Margin % has ranged from 11.56 to 23.53. According to the industry distribution chart, Kumulus Vape ranks #839 out of 1111 companies in the Retail - Cyclical industry, placing it in the top 75.5%.
Is Kumulus Vape's Gross Margin % too high?
Kumulus Vape's current Gross Margin % of 30.12% is 110% above median its 10-year median of 14.34. Over the past 10 years, this metric has ranged from a low of 11.56 to a high of 23.53. The Retail - Cyclical industry median Gross Margin % is 36.37. Kumulus Vape's value of 30.12% is 17.2% below this industry median. Based on the distribution chart, Kumulus Vape ranks #839 out of 1111 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Kumulus Vape has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Kumulus Vape's Gross Margin % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Kumulus Vape ranks #839 out of 1111 companies for Gross Margin %. This places Kumulus Vape in the lower half of its industry. The industry median Gross Margin % is 36.37. Kumulus Vape's value of 30.12% is 17.2% below this benchmark. Historically, Kumulus Vape's own Gross Margin % has ranged from 11.56 to 23.53 over the past decade. While the company's 10-year median is 14.34 vs. the industry median of 36.37, Kumulus Vape has consistently been below 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.37, based on 1,111 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. Kumulus Vape's current Gross Margin % of 30.12% is 17.2% below 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 Kumulus Vape and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kumulus Vape's current Gross Margin % is 30.12%, which is 110% above median its own 10-year median of 14.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumulus Vape stock overvalued right now?
Kumulus Vape (FRA:8E9) has a current Gross Margin % of 30.12%. The stock's GF Value™ is €6.08, compared to a current price of €2.90 — trading 52.3% below its estimated fair value. The current Gross Margin % is 30.12%, which is 110% above median its 10-year median of 14.34 and 17.2% below the Retail - Cyclical industry median of 36.37. Kumulus Vape's overall GF Score™ is 76/100 with 4 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 Kumulus Vape (FRA:8E9), the current Gross Margin % is 30.12% 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 Kumulus Vape (FRA:8E9) Overvalued in 2026?
Based on GuruFocus' analysis, Kumulus Vape stock appears to be undervalued.
The current stock price of €2.90 is trading 52.3% below its estimated GF Value™ of €6.08.
Key valuation signals for FRA:8E9:
Gross Margin %: 30.12% (110% above median its 10-year median of 14.34)
GF Value™: €6.08 vs. price of €2.90 (52.3% below fair value)
Industry Position: 17.2% below the Retail - Cyclical median (#839 of 1111)
No single metric tells the full story. See the FRA:8E9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kumulus Vape specializes in the online distribution of electronic cigarettes and related products (equipment, e-liquids, and accessories). The activity is organized around two business areas: BtoC: the company commercializes its retail products on its online platform; BtoB: the KMLS PRO platform is the central purchase platform for professionals (networks of several outlets or independent shops) in the vape sector.
76GF Score
Get the complete analysis for FRA:8E9
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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