Merus Power Oyj (FRA:99H) Gross Margin %: 31.91% (As of Dec. 2025) — 19% Below Median

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FRA:99H Merus Power Oyj FRA:99H
75 GF Score
Price €4.96
GF Value €9.09
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Merus Power Oyj Gross Margin %?

Merus Power Oyj FRA:99H +2.27% 75 Gross Margin % is 31.91% as of Dec. 2025, which is 19% below its 10-year median of 39.40. GuruFocus rates FRA:99H with a GF Score™ of 75/100 and a GF Value™ of €9.09 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 3,005 Industrial Products companies, Merus Power Oyj ranks better than 63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Merus Power Oyj's Gross Profit for the six months ended in Dec. 2025 was €9.48 Mil. Merus Power Oyj's Revenue for the six months ended in Dec. 2025 was €29.72 Mil. Therefore, Merus Power Oyj's Gross Margin % for the quarter that ended in Dec. 2025 was 31.91%.

Warning Sign:

Merus Power Oyj gross margin has been in long-term decline. The average rate of decline per year is -8.3%.


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

FRA:99H' s Gross Margin % Range Over the Past 10 Years
Min: 30.58   Med: 39.4   Max: 50.63
Current: 32.03


During the past 8 years, the highest Gross Margin % of Merus Power Oyj was 50.63%. The lowest was 30.58%. And the median was 39.40%.

FRA:99H's Gross Margin % is ranked better than
63% of 3005 companies
in the Industrial Products industry
Industry Median: 26.98 vs FRA:99H: 32.03

Merus Power Oyj had a gross margin of 31.91% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Merus Power Oyj was -8.30% per year.


Merus Power Oyj  (FRA:99H) 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

Merus Power Oyj had a gross margin of 31.91% 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.


Merus Power Oyj Gross Margin % Related Terms


Merus Power Oyj Gross Margin % Historical Data

* Premium members only.

The historical data trend for Merus Power Oyj'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.

Merus Power Oyj Gross Margin % Chart

Merus Power Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 34.66 47.54 33.72 30.58 31.89

Merus Power Oyj 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 36.19 39.05 30.29 32.17 31.91

FRA:99H vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, Merus Power Oyj'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.


Merus Power Oyj Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Merus Power Oyj's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Merus Power Oyj's Gross Margin % falls into.


FRA:99H
75GF Score
Merus Power Oyj FRA:99H
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Merus Power Oyj Gross Margin % Calculation

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

Merus Power Oyj'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 )
=17.4 / 54.648
=(Revenue - Cost of Goods Sold) / Revenue
=(54.648 - 37.219) / 54.648
=31.89 %

Merus Power Oyj'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 )
=9.5 / 29.718
=(Revenue - Cost of Goods Sold) / Revenue
=(29.718 - 20.235) / 29.718
=31.91 %

* 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 31.91% mean?
Merus Power Oyj (FRA:99H) has a Gross Margin % of 31.91% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Merus Power Oyj and its competitors. This is 19% below median its historical median of 39.40. Over the past decade, Merus Power Oyj's Gross Margin % has ranged from 30.58 to 50.63. According to the industry distribution chart, Merus Power Oyj ranks #1112 out of 3005 companies in the Industrial Products industry, placing it in the top 37%.
Is Merus Power Oyj's Gross Margin % too high?
Merus Power Oyj's current Gross Margin % of 31.91% is 19% below median its 10-year median of 39.40. Over the past 10 years, this metric has ranged from a low of 30.58 to a high of 50.63. The Industrial Products industry median Gross Margin % is 26.98. Merus Power Oyj's value of 31.91% is 18.3% above this industry median. Based on the distribution chart, Merus Power Oyj ranks #1112 out of 3005 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Merus Power Oyj has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merus Power Oyj's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Merus Power Oyj ranks #1112 out of 3005 companies for Gross Margin %. This puts Merus Power Oyj in the upper half of its industry. The industry median Gross Margin % is 26.98. Merus Power Oyj's value of 31.91% is 18.3% above this benchmark. Historically, Merus Power Oyj's own Gross Margin % has ranged from 30.58 to 50.63 over the past decade. While the company's 10-year median is 39.40 vs. the industry median of 26.98, Merus Power Oyj 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 Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.98, based on 3,005 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. Merus Power Oyj's current Gross Margin % of 31.91% is 18.3% 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 Merus Power Oyj and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merus Power Oyj's current Gross Margin % is 31.91%, which is 19% below median its own 10-year median of 39.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merus Power Oyj stock overvalued right now?
Based on GuruFocus' analysis, Merus Power Oyj (FRA:99H) is currently considered Significantly Undervalued. The stock's GF Value™ is €9.09, compared to a current price of €4.96 — trading 45.4% below its estimated fair value. The current Gross Margin % is 31.91%, which is 19% below median its 10-year median of 39.40 and 18.3% above the Industrial Products industry median of 26.98. Merus Power Oyj's overall GF Score™ is 75/100 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 Merus Power Oyj (FRA:99H), the current Gross Margin % is 31.91% 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 Merus Power Oyj (FRA:99H) Overvalued in 2026?

Based on GuruFocus' analysis, Merus Power Oyj stock appears to be undervalued. The current stock price of €4.96 is trading 45.4% below its estimated GF Value™ of €9.09. GuruFocus considers Merus Power Oyj to be Significantly Undervalued.

Key valuation signals for FRA:99H:

  • Gross Margin %: 31.91% (19% below median its 10-year median of 39.40)
  • GF Value™: €9.09 vs. price of €4.96 (45.4% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 18.3% above the Industrial Products median (#1112 of 3005)

No single metric tells the full story. See the FRA:99H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Merus Power Oyj Business Description

Other Exchanges MERUS:Finland
Address Pallotie 2, Ylojarvi, FIN, 33470
Merus Power Oyj Is engaged in the design, manufacturing and sale of domestic electricity storage, power quality solutions and services. Its business is based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise. The Company's business operations have been divided into two technological areas: Energy storage solutions and Energy quality solutions.
75GF Score

Get the complete analysis for FRA:99H

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

€4.96
Price
€9.09
GF Value