Emerald HoldingFRA:EM7 +1.86%55 Gross Margin % is 64.03% as of Mar. 2026, which is 0% below its 10-year median of 64.15. GuruFocus rates FRA:EM7 with a GF Score™ of 55/100 and a GF Value™ of €2.22 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 946 Media - Diversified companies, Emerald Holding ranks better than 76.32% 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
Emerald Holding had a gross margin of 64.03% for the quarter that ended in Mar. 2026 => Durable competitive advantage
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.
Emerald Holding Gross Margin % Related Terms
Emerald Holding Gross Margin % Historical Data
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The historical data trend for Emerald Holding'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:EM7 vs CRTO, EVC, QNST: Gross Margin % Comparison
For the Advertising Agencies subindustry, Emerald Holding'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.
Emerald Holding Gross Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Emerald Holding's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Emerald Holding'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.
Emerald Holding (FRA:EM7) has a Gross Margin % of 64.03% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Emerald Holding and its competitors. This is near median its historical median of 64.15. Over the past decade, Emerald Holding's Gross Margin % has ranged from 54.79 to 73.93. According to the industry distribution chart, Emerald Holding ranks #224 out of 946 companies in the Media - Diversified industry, placing it in the top 23.7%.
Is Emerald Holding's Gross Margin % too high?
Emerald Holding's current Gross Margin % of 64.03% is near median its 10-year median of 64.15. Over the past 10 years, this metric has ranged from a low of 54.79 to a high of 73.93. The Media - Diversified industry median Gross Margin % is 38.91. Emerald Holding's value of 64.03% is 64.6% above this industry median. Based on the distribution chart, Emerald Holding ranks #224 out of 946 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Emerald Holding has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emerald Holding's Gross Margin % compare to CRTO and EVC?
According to the Media - Diversified industry distribution chart, Emerald Holding ranks #224 out of 946 companies for Gross Margin %. This places Emerald Holding in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 38.91. Emerald Holding's value of 64.03% is 64.6% above this benchmark. Historically, Emerald Holding's own Gross Margin % has ranged from 54.79 to 73.93 over the past decade. While the company's 10-year median is 64.15 vs. the industry median of 38.91, Emerald Holding 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.91, based on 946 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. Emerald Holding's current Gross Margin % of 64.03% is 64.6% 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 Emerald Holding and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Holding's current Gross Margin % is 64.03%, which is near median its own 10-year median of 64.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Holding stock overvalued right now?
Based on GuruFocus' analysis, Emerald Holding (FRA:EM7) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.22, compared to a current price of €4.38 — trading 97.3% above its estimated fair value. The current Gross Margin % is 64.03%, which is near median its 10-year median of 64.15 and 64.6% above the Media - Diversified industry median of 38.91. Emerald Holding's overall GF Score™ is 55/100 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 Emerald Holding (FRA:EM7), the current Gross Margin % is 64.03% 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 Emerald Holding (FRA:EM7) Overvalued in 2026?
Based on GuruFocus' analysis, Emerald Holding stock appears to be overvalued.
The current stock price of €4.38 is trading 97.3% above its estimated GF Value™ of €2.22.
GuruFocus considers Emerald Holding to be Significantly Overvalued.
Key valuation signals for FRA:EM7:
Gross Margin %: 64.03% (near median its 10-year median of 64.15)
GF Value™: €2.22 vs. price of €4.38 (97.3% above fair value)
Industry Position: 64.6% above the Media - Diversified median (#224 of 946)
No single metric tells the full story. See the FRA:EM7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emerald Holding Inc is a business-to-business (B2B) event organizer principally in the United States, with operations in the United Kingdom (U.K.), France, and other markets. The company is engaged in three complementary business lines: Connections division consists of a collection of B2B trade show franchises and other live events that provide exhibitors opportunities to engage with buyers and expand their brand's awareness in their industry; the Content division consists of B2B print publications and digital media products that complement existing trade show properties, and the Commerce division provides B2B e-commerce and digital merchandising solutions to manufacturers and retailers. Emerald's key revenue is derived from the Connections business, its only reportable segment.
55GF Score
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