Jardine Cycle & CarriageFRA:CYC -4.79%79 Gross Margin % is 21.92% as of Dec. 2025, which is 3% above its 10-year median of 21.28. GuruFocus rates FRA:CYC with a GF Score™ of 79/100 and a GF Value™ of €17.68 (Fairly Valued). The stock has 3 warning signs investors should review. Among 511 Conglomerates companies, Jardine Cycle & Carriage ranks worse than 60.67% on this metric.
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
Jardine Cycle & Carriage had a gross margin of 21.92% 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.
Jardine Cycle & Carriage Gross Margin % Related Terms
Jardine Cycle & Carriage Gross Margin % Historical Data
* 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.
For the Conglomerates subindustry, Jardine Cycle & Carriage'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.
Jardine Cycle & Carriage Gross Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Jardine Cycle & Carriage's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Jardine Cycle & Carriage'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.
Jardine Cycle & Carriage (FRA:CYC) has a Gross Margin % of 21.92% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Jardine Cycle & Carriage and its competitors. This is near median its historical median of 21.28. Over the past decade, Jardine Cycle & Carriage's Gross Margin % has ranged from 18.80 to 22.76. According to the industry distribution chart, Jardine Cycle & Carriage ranks #310 out of 511 companies in the Conglomerates industry, placing it in the top 60.7%.
Is Jardine Cycle & Carriage's Gross Margin % too high?
Jardine Cycle & Carriage's current Gross Margin % of 21.92% is near median its 10-year median of 21.28. Over the past 10 years, this metric has ranged from a low of 18.80 to a high of 22.76. The Conglomerates industry median Gross Margin % is 25.96. Jardine Cycle & Carriage's value of 21.92% is 15.6% below this industry median. Based on the distribution chart, Jardine Cycle & Carriage ranks #310 out of 511 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Jardine Cycle & Carriage has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jardine Cycle & Carriage's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Jardine Cycle & Carriage ranks #310 out of 511 companies for Gross Margin %. This places Jardine Cycle & Carriage in the lower half of its industry. The industry median Gross Margin % is 25.96. Jardine Cycle & Carriage's value of 21.92% is 15.6% below this benchmark. Historically, Jardine Cycle & Carriage's own Gross Margin % has ranged from 18.80 to 22.76 over the past decade. While the company's 10-year median is 21.28 vs. the industry median of 25.96, Jardine Cycle & Carriage 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 a Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.96, based on 511 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. Jardine Cycle & Carriage's current Gross Margin % of 21.92% is 15.6% 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 Jardine Cycle & Carriage and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jardine Cycle & Carriage's current Gross Margin % is 21.92%, which is near median its own 10-year median of 21.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jardine Cycle & Carriage stock overvalued right now?
Based on GuruFocus' analysis, Jardine Cycle & Carriage (FRA:CYC) is currently considered Fairly Valued. The stock's GF Value™ is €17.68, compared to a current price of €17.90 — trading 1.2% above its estimated fair value. The current Gross Margin % is 21.92%, which is near median its 10-year median of 21.28 and 15.6% below the Conglomerates industry median of 25.96. Jardine Cycle & Carriage's overall GF Score™ is 79/100 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 Jardine Cycle & Carriage (FRA:CYC), the current Gross Margin % is 21.92% 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 Jardine Cycle & Carriage (FRA:CYC) Overvalued in 2026?
Based on GuruFocus' analysis, Jardine Cycle & Carriage stock appears to be overvalued.
The current stock price of €17.90 is trading 1.2% above its estimated GF Value™ of €17.68.
GuruFocus considers Jardine Cycle & Carriage to be Fairly Valued.
Key valuation signals for FRA:CYC:
Gross Margin %: 21.92% (near median its 10-year median of 21.28)
GF Value™: €17.68 vs. price of €17.90 (1.2% above fair value)
Industry Position: 15.6% below the Conglomerates median (#310 of 511)
No single metric tells the full story. See the FRA:CYC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jardine Cycle & Carriage Ltd is an investment holding conglomerate focused on investments in the manufacture and distribution of motor vehicles in Southeast Asia. Its segments are Astra, Thaco, Cycle & Carriage. The Astra segment includes the company's controlling interest in Astra International, an automotive group in Southeast Asia; THACO is a multi-industry group; Cycle & Carriage represents a broad range of automotive brands across its established network in Singapore and Malaysia.
79GF Score
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