Fnm (FRA:8FN) Gross Margin %: 48.15% (As of Mar. 2026) — Near Median


FRA:8FN Fnm FRA:8FN
71 GF Score
Price €0.50
GF Value €0.46
Valuation Fairly Valued
! 4 Warning Signs
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What is Fnm Gross Margin %?

Fnm FRA:8FN +22.96% 71 Gross Margin % is 48.15% as of Mar. 2026, which is 4% above its 10-year median of 46.13. GuruFocus rates FRA:8FN with a GF Score™ of 71/100 and a GF Value™ of €0.46 (Fairly Valued). The stock has 4 warning signs investors should review. Among 977 Transportation companies, Fnm ranks better than 93.24% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Fnm's Gross Profit for the three months ended in Mar. 2026 was €76.7 Mil. Fnm's Revenue for the three months ended in Mar. 2026 was €159.3 Mil. Therefore, Fnm's Gross Margin % for the quarter that ended in Mar. 2026 was 48.15%.


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

FRA:8FN' s Gross Margin % Range Over the Past 10 Years
Min: 22.35   Med: 46.13   Max: 65.2
Current: 64.66


During the past 13 years, the highest Gross Margin % of Fnm was 65.20%. The lowest was 22.35%. And the median was 46.13%.

FRA:8FN's Gross Margin % is ranked better than
93.24% of 977 companies
in the Transportation industry
Industry Median: 20.42 vs FRA:8FN: 64.66

Fnm had a gross margin of 48.15% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fnm was 8.50% per year.


Fnm  (FRA:8FN) 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

Fnm had a gross margin of 48.15% 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.


Fnm Gross Margin % Related Terms


Fnm Gross Margin % Historical Data

* Premium members only.

The historical data trend for Fnm'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.

Fnm Gross Margin % Chart

Fnm Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.02 51.17 58.34 58.78 65.20

Fnm 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 53.47 58.65 58.76 84.66 48.15

FRA:8FN vs UNP, CSX, NSC: Gross Margin % Comparison

For the Railroads subindustry, Fnm'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.


Fnm Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Fnm's Gross Margin % distribution charts can be found below:

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


FRA:8FN
71GF Score
Fnm FRA:8FN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fnm Gross Margin % Calculation

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

Fnm'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 )
=576.5 / 884.302
=(Revenue - Cost of Goods Sold) / Revenue
=(884.302 - 307.768) / 884.302
=65.20 %

Fnm'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 )
=76.7 / 159.3
=(Revenue - Cost of Goods Sold) / Revenue
=(159.3 - 82.6) / 159.3
=48.15 %

* 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 48.15% mean?
Fnm (FRA:8FN) has a Gross Margin % of 48.15% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Fnm and its competitors. This is near median its historical median of 46.13. Over the past decade, Fnm's Gross Margin % has ranged from 22.35 to 65.20. According to the industry distribution chart, Fnm ranks #66 out of 977 companies in the Transportation industry, placing it in the top 6.8%.
Is Fnm's Gross Margin % too high?
Fnm's current Gross Margin % of 48.15% is near median its 10-year median of 46.13. Over the past 10 years, this metric has ranged from a low of 22.35 to a high of 65.20. The Transportation industry median Gross Margin % is 20.42. Fnm's value of 48.15% is 135.8% above this industry median. Based on the distribution chart, Fnm ranks #66 out of 977 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Fnm has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fnm's Gross Margin % compare to UNP and CSX?
According to the Transportation industry distribution chart, Fnm ranks #66 out of 977 companies for Gross Margin %. This places Fnm in the top 7% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.42. Fnm's value of 48.15% is 135.8% above this benchmark. Historically, Fnm's own Gross Margin % has ranged from 22.35 to 65.20 over the past decade. While the company's 10-year median is 46.13 vs. the industry median of 20.42, Fnm 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 977 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. Fnm's current Gross Margin % of 48.15% is 135.8% 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 Fnm and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fnm's current Gross Margin % is 48.15%, which is near median its own 10-year median of 46.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fnm stock overvalued right now?
Based on GuruFocus' analysis, Fnm (FRA:8FN) is currently considered Fairly Valued. The stock's GF Value™ is €0.46, compared to a current price of €0.50 — trading 8.3% above its estimated fair value. The current Gross Margin % is 48.15%, which is near median its 10-year median of 46.13 and 135.8% above the Transportation industry median of 20.42. Fnm's overall GF Score™ is 71/100 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 Fnm (FRA:8FN), the current Gross Margin % is 48.15% 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 Fnm (FRA:8FN) Overvalued in 2026?

Based on GuruFocus' analysis, Fnm stock appears to be overvalued. The current stock price of €0.50 is trading 8.3% above its estimated GF Value™ of €0.46. GuruFocus considers Fnm to be Fairly Valued.

Key valuation signals for FRA:8FN:

  • Gross Margin %: 48.15% (near median its 10-year median of 46.13)
  • GF Value™: €0.46 vs. price of €0.50 (8.3% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 135.8% above the Transportation median (#66 of 977)

No single metric tells the full story. See the FRA:8FN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fnm Business Description

Other Exchanges FNM:Italy0EHB:UK
Address Piazzale Cadorna, 14, Milano, ITA, 20123
Fnm is an Italy based transport company. Along with its subsidiaries, the firm operates in rail transport, management, and maintenance of railway networks, road transportation, freight transportation, engineering and design, information communication technology, and energy sectors.
71GF Score

Get the complete analysis for FRA:8FN

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

€0.50
Price
€0.46
GF Value