CapMan Oyj (FRA:AP6) Gross Margin %: 38.29% (As of Mar. 2026) — 26% Below Median


FRA:AP6 CapMan Oyj FRA:AP6
82 GF Score
Price €1.67
GF Value €2.09
Valuation Modestly Undervalued
! 6 Warning Signs
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What is CapMan Oyj Gross Margin %?

CapMan Oyj FRA:AP6 82 Gross Margin % is 38.29% as of Mar. 2026, which is 26% below its 10-year median of 51.52. GuruFocus rates FRA:AP6 with a GF Score™ of 82/100 and a GF Value™ of €2.09 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 548 Asset Management companies, CapMan Oyj ranks worse than 67.88% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. CapMan Oyj's Gross Profit for the three months ended in Mar. 2026 was €6.23 Mil. CapMan Oyj's Revenue for the three months ended in Mar. 2026 was €16.26 Mil. Therefore, CapMan Oyj's Gross Margin % for the quarter that ended in Mar. 2026 was 38.29%.

Warning Sign:

CapMan Oyj gross margin has been in long-term decline. The average rate of decline per year is -2.7%.


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

FRA:AP6' s Gross Margin % Range Over the Past 10 Years
Min: 39.03   Med: 51.52   Max: 58.31
Current: 39.03


During the past 13 years, the highest Gross Margin % of CapMan Oyj was 58.31%. The lowest was 39.03%. And the median was 51.52%.

FRA:AP6's Gross Margin % is ranked worse than
67.88% of 548 companies
in the Asset Management industry
Industry Median: 57.9 vs FRA:AP6: 39.03

CapMan Oyj had a gross margin of 38.29% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for CapMan Oyj was -2.70% per year.


CapMan Oyj  (FRA:AP6) 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

CapMan Oyj had a gross margin of 38.29% for the quarter that ended in Mar. 2026 => 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.


CapMan Oyj Gross Margin % Related Terms


CapMan Oyj Gross Margin % Historical Data

* Premium members only.

The historical data trend for CapMan 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.

CapMan Oyj Gross Margin % Chart

CapMan Oyj 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 51.59 58.31 46.33 51.44 48.56

CapMan Oyj 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 34.03 32.82 46.23 38.47 38.29

FRA:AP6 vs BLK, BX, KKR: Gross Margin % Comparison

For the Asset Management subindustry, CapMan 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.


CapMan Oyj Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, CapMan Oyj's Gross Margin % distribution charts can be found below:

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


FRA:AP6
82GF Score
CapMan Oyj FRA:AP6
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CapMan Oyj Gross Margin % Calculation

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

CapMan 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 )
=30.6 / 63.033
=(Revenue - Cost of Goods Sold) / Revenue
=(63.033 - 32.427) / 63.033
=48.56 %

CapMan Oyj'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 )
=6.2 / 16.261
=(Revenue - Cost of Goods Sold) / Revenue
=(16.261 - 10.035) / 16.261
=38.29 %

* 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 38.29% mean?
CapMan Oyj (FRA:AP6) has a Gross Margin % of 38.29% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CapMan Oyj and its competitors. This is 26% below median its historical median of 51.52. Over the past decade, CapMan Oyj's Gross Margin % has ranged from 39.03 to 58.31. According to the industry distribution chart, CapMan Oyj ranks #372 out of 548 companies in the Asset Management industry, placing it in the top 67.9%.
Is CapMan Oyj's Gross Margin % too high?
CapMan Oyj's current Gross Margin % of 38.29% is 26% below median its 10-year median of 51.52. Over the past 10 years, this metric has ranged from a low of 39.03 to a high of 58.31. The Asset Management industry median Gross Margin % is 57.90. CapMan Oyj's value of 38.29% is 33.9% below this industry median. Based on the distribution chart, CapMan Oyj ranks #372 out of 548 companies in the Asset Management industry, which is below the industry midpoint. Overall, CapMan Oyj has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CapMan Oyj's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, CapMan Oyj ranks #372 out of 548 companies for Gross Margin %. This places CapMan Oyj in the lower half of its industry. The industry median Gross Margin % is 57.90. CapMan Oyj's value of 38.29% is 33.9% below this benchmark. Historically, CapMan Oyj's own Gross Margin % has ranged from 39.03 to 58.31 over the past decade. While the company's 10-year median is 51.52 vs. the industry median of 57.90, CapMan Oyj 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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 57.90, based on 548 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. CapMan Oyj's current Gross Margin % of 38.29% is 33.9% 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 CapMan Oyj and its competitors. For the Asset Management industry, the median Gross Margin % is 57.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CapMan Oyj's current Gross Margin % is 38.29%, which is 26% below median its own 10-year median of 51.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapMan Oyj stock overvalued right now?
Based on GuruFocus' analysis, CapMan Oyj (FRA:AP6) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.09, compared to a current price of €1.67 — trading 20.3% below its estimated fair value. The current Gross Margin % is 38.29%, which is 26% below median its 10-year median of 51.52 and 33.9% below the Asset Management industry median of 57.90. CapMan Oyj's overall GF Score™ is 82/100 with 6 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 CapMan Oyj (FRA:AP6), the current Gross Margin % is 38.29% 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 CapMan Oyj (FRA:AP6) Overvalued in 2026?

Based on GuruFocus' analysis, CapMan Oyj stock appears to be undervalued. The current stock price of €1.67 is trading 20.3% below its estimated GF Value™ of €2.09. GuruFocus considers CapMan Oyj to be Modestly Undervalued.

Key valuation signals for FRA:AP6:

  • Gross Margin %: 38.29% (26% below median its 10-year median of 51.52)
  • GF Value™: €2.09 vs. price of €1.67 (20.3% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 33.9% below the Asset Management median (#372 of 548)

No single metric tells the full story. See the FRA:AP6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CapMan Oyj Business Description

Other Exchanges 0E1L:UKCAPMAN:Finland
Address Ludviginkatu 6, 4th Floor, Helsinki, FIN, 00130
CapMan Oyj iis a private asset management firm operating in the Nordic region. It manages investments across real estate, infrastructure, natural capital, and unlisted companies, and invests in properties and other assets with potential for redevelopment, repurposing, or long-term value creation. The majority of the company's revenue is derived from management fees, which are variable consideration and are typically based on the fund's original size during its investment period.
82GF Score

Get the complete analysis for FRA:AP6

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

€1.67
Price
€2.09
GF Value