Harboes Bryggeri ASFRA:DX4 +1.11%64 Gross Margin % is 20.42% as of Apr. 2026, which is 7% above its 10-year median of 19.11. GuruFocus rates FRA:DX4 with a GF Score™ of 64/100 and a GF Value™ of €16.26. The stock has 5 warning signs investors should review. Among 205 Beverages - Alcoholic companies, Harboes Bryggeri AS ranks worse than 91.71% on this metric.
The historical rank and industry rank for Harboes Bryggeri AS's Gross Margin % or its related term are showing as below:
FRA:DX4'
s Gross Margin % Range Over the Past 10 Years
Min: 16.73 Med: 19.11 Max: 21.57
Current: 20.8
During the past 13 years, the highestGross Margin % of Harboes Bryggeri AS was 21.57%. The lowest was 16.73%. And the median was 19.11%.
FRA:DX4's Gross Margin % is ranked worse than 91.71% of 205
companies
in the Beverages - Alcoholic industry
Industry Median: 42.29
vs FRA:DX4: 20.80
Harboes Bryggeri AS had a gross margin of 20.42% for the quarter that ended in Apr. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Harboes Bryggeri AS was 3.90% per year.
Harboes Bryggeri AS (FRA:DX4) 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
Harboes Bryggeri AS had a gross margin of 20.42% for the quarter that ended in Apr. 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.
Harboes Bryggeri AS Gross Margin % Related Terms
Harboes Bryggeri AS Gross Margin % Historical Data
* Premium members only.
The historical data trend for Harboes Bryggeri AS'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.
For the Beverages - Brewers subindustry, Harboes Bryggeri AS'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.
Harboes Bryggeri AS Gross Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri AS's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Harboes Bryggeri AS'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.
Harboes Bryggeri AS (FRA:DX4) has a Gross Margin % of 20.42% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Harboes Bryggeri AS and its competitors. This is near median its historical median of 19.11. Over the past decade, Harboes Bryggeri AS's Gross Margin % has ranged from 16.73 to 21.57. According to the industry distribution chart, Harboes Bryggeri AS ranks #188 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 91.7%.
Is Harboes Bryggeri AS's Gross Margin % too high?
Harboes Bryggeri AS's current Gross Margin % of 20.42% is near median its 10-year median of 19.11. Over the past 10 years, this metric has ranged from a low of 16.73 to a high of 21.57. The Beverages - Alcoholic industry median Gross Margin % is 42.29. Harboes Bryggeri AS's value of 20.42% is 51.7% below this industry median. Based on the distribution chart, Harboes Bryggeri AS ranks #188 out of 205 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Harboes Bryggeri AS has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Harboes Bryggeri AS's Gross Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Harboes Bryggeri AS ranks #188 out of 205 companies for Gross Margin %. This places Harboes Bryggeri AS in the lower half of its industry. The industry median Gross Margin % is 42.29. Harboes Bryggeri AS's value of 20.42% is 51.7% below this benchmark. Historically, Harboes Bryggeri AS's own Gross Margin % has ranged from 16.73 to 21.57 over the past decade. While the company's 10-year median is 19.11 vs. the industry median of 42.29, Harboes Bryggeri AS 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 Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.29, based on 205 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. Harboes Bryggeri AS's current Gross Margin % of 20.42% is 51.7% 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 Harboes Bryggeri AS and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harboes Bryggeri AS's current Gross Margin % is 20.42%, which is near median its own 10-year median of 19.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harboes Bryggeri AS stock overvalued right now?
Harboes Bryggeri AS (FRA:DX4) has a current Gross Margin % of 20.42%. The stock's GF Value™ is €16.26, compared to a current price of €14.62 — trading 10.1% below its estimated fair value. The current Gross Margin % is 20.42%, which is near median its 10-year median of 19.11 and 51.7% below the Beverages - Alcoholic industry median of 42.29. Harboes Bryggeri AS's overall GF Score™ is 64/100 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 Harboes Bryggeri AS (FRA:DX4), the current Gross Margin % is 20.42% as of Apr. 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 Harboes Bryggeri AS (FRA:DX4) Overvalued in 2026?
Based on GuruFocus' analysis, Harboes Bryggeri AS stock appears to be undervalued.
The current stock price of €14.62 is trading 10.1% below its estimated GF Value™ of €16.26.
Key valuation signals for FRA:DX4:
Gross Margin %: 20.42% (near median its 10-year median of 19.11)
GF Value™: €16.26 vs. price of €14.62 (10.1% below fair value)
Industry Position: 51.7% below the Beverages - Alcoholic median (#188 of 205)
No single metric tells the full story. See the FRA:DX4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.
64GF Score
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