Alpha Pro Tech (FRA:APL) Gross Margin %: 37.82% (As of Mar. 2026) — Near Median


FRA:APL Alpha Pro Tech Ltd FRA:APL
72 GF Score
Price €4.60
GF Value €4.73
Valuation Fairly Valued
! 5 Warning Signs
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What is Alpha Pro Tech Gross Margin %?

Alpha Pro Tech FRA:APL +1.77% 72 Gross Margin % is 37.82% as of Mar. 2026, which is 0% above its 10-year median of 37.64. GuruFocus rates FRA:APL with a GF Score™ of 72/100 and a GF Value™ of €4.73 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,724 Construction companies, Alpha Pro Tech ranks better than 80.34% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Alpha Pro Tech's Gross Profit for the three months ended in Mar. 2026 was €4.77 Mil. Alpha Pro Tech's Revenue for the three months ended in Mar. 2026 was €12.62 Mil. Therefore, Alpha Pro Tech's Gross Margin % for the quarter that ended in Mar. 2026 was 37.82%.

Warning Sign:

Alpha Pro Tech Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


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

FRA:APL' s Gross Margin % Range Over the Past 10 Years
Min: 34.98   Med: 37.64   Max: 49.15
Current: 37.83


During the past 13 years, the highest Gross Margin % of Alpha Pro Tech was 49.15%. The lowest was 34.98%. And the median was 37.64%.

FRA:APL's Gross Margin % is ranked better than
80.34% of 1724 companies
in the Construction industry
Industry Median: 20.705 vs FRA:APL: 37.83

Alpha Pro Tech had a gross margin of 37.82% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Alpha Pro Tech was -2.80% per year.


Alpha Pro Tech  (FRA:APL) 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

Alpha Pro Tech had a gross margin of 37.82% 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.


Alpha Pro Tech Gross Margin % Related Terms


Alpha Pro Tech Gross Margin % Historical Data

* Premium members only.

The historical data trend for Alpha Pro Tech'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.

Alpha Pro Tech Gross Margin % Chart

Alpha Pro Tech 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 36.86 34.98 37.28 39.65 38.11

Alpha Pro Tech 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 39.01 36.78 39.69 37.12 37.82

FRA:APL vs CSTE, SNTL, AEHL: Gross Margin % Comparison

For the Building Products & Equipment subindustry, Alpha Pro Tech'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.


Alpha Pro Tech Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Alpha Pro Tech's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Alpha Pro Tech's Gross Margin % falls into.


FRA:APL
72GF Score
Alpha Pro Tech Ltd FRA:APL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha Pro Tech Gross Margin % Calculation

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

Alpha Pro Tech'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 )
=19.2 / 50.507
=(Revenue - Cost of Goods Sold) / Revenue
=(50.507 - 31.26) / 50.507
=38.11 %

Alpha Pro Tech'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 )
=4.8 / 12.616
=(Revenue - Cost of Goods Sold) / Revenue
=(12.616 - 7.845) / 12.616
=37.82 %

* 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 37.82% mean?
Alpha Pro Tech (FRA:APL) has a Gross Margin % of 37.82% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Alpha Pro Tech and its competitors. This is near median its historical median of 37.64. Over the past decade, Alpha Pro Tech's Gross Margin % has ranged from 34.98 to 49.15. According to the industry distribution chart, Alpha Pro Tech ranks #339 out of 1724 companies in the Construction industry, placing it in the top 19.7%.
Is Alpha Pro Tech's Gross Margin % too high?
Alpha Pro Tech's current Gross Margin % of 37.82% is near median its 10-year median of 37.64. Over the past 10 years, this metric has ranged from a low of 34.98 to a high of 49.15. The Construction industry median Gross Margin % is 20.71. Alpha Pro Tech's value of 37.82% is 82.7% above this industry median. Based on the distribution chart, Alpha Pro Tech ranks #339 out of 1724 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Alpha Pro Tech has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alpha Pro Tech's Gross Margin % compare to CSTE and SNTL?
According to the Construction industry distribution chart, Alpha Pro Tech ranks #339 out of 1724 companies for Gross Margin %. This places Alpha Pro Tech in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.71. Alpha Pro Tech's value of 37.82% is 82.7% above this benchmark. Historically, Alpha Pro Tech's own Gross Margin % has ranged from 34.98 to 49.15 over the past decade. While the company's 10-year median is 37.64 vs. the industry median of 20.71, Alpha Pro Tech 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 Construction company?
The median Gross Margin % among Construction companies is 20.71, based on 1,724 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. Alpha Pro Tech's current Gross Margin % of 37.82% is 82.7% 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 Alpha Pro Tech and its competitors. For the Construction industry, the median Gross Margin % is 20.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Pro Tech's current Gross Margin % is 37.82%, which is near median its own 10-year median of 37.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Pro Tech stock overvalued right now?
Based on GuruFocus' analysis, Alpha Pro Tech (FRA:APL) is currently considered Fairly Valued. The stock's GF Value™ is €4.73, compared to a current price of €4.60 — trading 2.7% below its estimated fair value. The current Gross Margin % is 37.82%, which is near median its 10-year median of 37.64 and 82.7% above the Construction industry median of 20.71. Alpha Pro Tech's overall GF Score™ is 72/100 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 Alpha Pro Tech (FRA:APL), the current Gross Margin % is 37.82% 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 Alpha Pro Tech (FRA:APL) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Pro Tech stock appears to be undervalued. The current stock price of €4.60 is trading 2.7% below its estimated GF Value™ of €4.73. GuruFocus considers Alpha Pro Tech to be Fairly Valued.

Key valuation signals for FRA:APL:

  • Gross Margin %: 37.82% (near median its 10-year median of 37.64)
  • GF Value™: €4.73 vs. price of €4.60 (2.7% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 82.7% above the Construction median (#339 of 1724)

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


Alpha Pro Tech Business Description

Other Exchanges APT:USAAPL:Germany
Address 53 Wellington Street East, Aurora, ON, CAN, L4G 1H6
Alpha Pro Tech Ltd is in the business of protecting people, products, and environments. It is developing, manufacturing, and marketing a line of disposable protective apparel and infection control products for the cleanroom, industrial, pharmaceutical, medical, and dental markets. It also manufactures a line of building supply construction weatherization products that are sold under the Alpha Pro Tech brand name. The Company operates through two business segments: Building Supply and Disposable Protective Apparel. Key revenue is generated from Building Supply, consisting of a line of construction supply weatherization products. The construction supply weatherization products consist of housewrap and synthetic roof underlayment, and synthetic roof underlayment accessories.
72GF Score

Get the complete analysis for FRA:APL

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

€4.60
Price
€4.73
GF Value