Cherry SEFRA:C3RY +3.32%46 Gross Margin % is 32.62% as of Mar. 2026, which is 49% above its 10-year median of 21.91. GuruFocus rates FRA:C3RY with a GF Score™ of 46/100 and a GF Value™ of €1.80 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,454 Hardware companies, Cherry SE ranks worse than 62.51% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Cherry SE's Gross Profit for the
three
months ended in Mar. 2026 was €6.79 Mil. Cherry SE's Revenue for the
three
months ended in Mar. 2026 was €20.81 Mil. Therefore, Cherry SE's Gross Margin % for the quarter that ended in Mar. 2026 was 32.62%.
The historical rank and industry rank for Cherry SE's Gross Margin % or its related term are showing as below:
FRA:C3RY'
s Gross Margin % Range Over the Past 10 Years
Min: 2.12 Med: 21.91 Max: 40.86
Current: 19.41
During the past 6 years, the highestGross Margin % of Cherry SE was 40.86%. The lowest was 2.12%. And the median was 21.91%.
FRA:C3RY's Gross Margin % is ranked worse than 62.51% of 2454
companies
in the Hardware industry
Industry Median: 24.565
vs FRA:C3RY: 19.41
Cherry SE had a gross margin of 32.62% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Cherry SE was 0.00% per year.
Cherry SE (FRA:C3RY) 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
Cherry SE had a gross margin of 32.62% 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.
Cherry SE Gross Margin % Related Terms
Cherry SE Gross Margin % Historical Data
* Premium members only.
The historical data trend for Cherry SE'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:C3RY vs DELL, SNDK, ANET: Gross Margin % Comparison
For the Computer Hardware subindustry, Cherry SE'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.
Cherry SE Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Cherry SE's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Cherry SE'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.
Cherry SE (FRA:C3RY) has a Gross Margin % of 32.62% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Cherry SE and its competitors. This is 49% above median its historical median of 21.91. Over the past decade, Cherry SE's Gross Margin % has ranged from 2.12 to 40.86. According to the industry distribution chart, Cherry SE ranks #1534 out of 2454 companies in the Hardware industry, placing it in the top 62.5%.
Is Cherry SE's Gross Margin % too high?
Cherry SE's current Gross Margin % of 32.62% is 49% above median its 10-year median of 21.91. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 40.86. The Hardware industry median Gross Margin % is 24.57. Cherry SE's value of 32.62% is 32.8% above this industry median. Based on the distribution chart, Cherry SE ranks #1534 out of 2454 companies in the Hardware industry, which is below the industry midpoint. Overall, Cherry SE has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cherry SE's Gross Margin % compare to DELL and SNDK?
According to the Hardware industry distribution chart, Cherry SE ranks #1534 out of 2454 companies for Gross Margin %. This places Cherry SE in the lower half of its industry. The industry median Gross Margin % is 24.57. Cherry SE's value of 32.62% is 32.8% above this benchmark. Historically, Cherry SE's own Gross Margin % has ranged from 2.12 to 40.86 over the past decade. While the company's 10-year median is 21.91 vs. the industry median of 24.57, Cherry SE 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.57, based on 2,454 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. Cherry SE's current Gross Margin % of 32.62% is 32.8% 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 Cherry SE and its competitors. For the Hardware industry, the median Gross Margin % is 24.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cherry SE's current Gross Margin % is 32.62%, which is 49% above median its own 10-year median of 21.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherry SE stock overvalued right now?
Based on GuruFocus' analysis, Cherry SE (FRA:C3RY) is currently considered Possible Value Trap. The stock's GF Value™ is €1.80, compared to a current price of €0.31 — trading 82.7% below its estimated fair value. The current Gross Margin % is 32.62%, which is 49% above median its 10-year median of 21.91 and 32.8% above the Hardware industry median of 24.57. Cherry SE's overall GF Score™ is 46/100 with 3 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 Cherry SE (FRA:C3RY), the current Gross Margin % is 32.62% 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 Cherry SE (FRA:C3RY) Overvalued in 2026?
Based on GuruFocus' analysis, Cherry SE stock appears to be undervalued.
The current stock price of €0.31 is trading 82.7% below its estimated GF Value™ of €1.80.
GuruFocus considers Cherry SE to be Possible Value Trap.
Key valuation signals for FRA:C3RY:
Gross Margin %: 32.62% (49% above median its 10-year median of 21.91)
GF Value™: €1.80 vs. price of €0.31 (82.7% below fair value)
Industry Position: 32.8% above the Hardware median (#1534 of 2454)
No single metric tells the full story. See the FRA:C3RY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cherry SE is a manufacturer of high-end mechanical keyboard switches and computer input devices such as keyboards, mice, microphones, and headsets for gaming and e-sports and (hybrid) office workstation applications as well as industrial applications and the healthcare sector. The product offerings of the company include USB-A / USB-C Adapters, Mice, Accessories, and other products. The company's activities are divided into three different business segments: Components segment; Gaming & Office Peripherals segment; and Digital Health & Solutions segment. It generates majority of its revenue from Gaming & Office Peripherals segment which includes the business with computer peripherals for professional use in gaming and e-sports as well as for use in (hybrid) office solutions and industry.
46GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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