Television Francaise 1 (FRA:FSE) Gross Margin %: 61.03% (As of Mar. 2026) — Near Median


FRA:FSE Television Francaise 1 SA FRA:FSE
73 GF Score
Price €6.54
GF Value €7.43
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Television Francaise 1 Gross Margin %?

Television Francaise 1 FRA:FSE -1.51% 73 Gross Margin % is 61.03% as of Mar. 2026, which is 1% below its 10-year median of 61.86. GuruFocus rates FRA:FSE with a GF Score™ of 73/100 and a GF Value™ of €7.43 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 946 Media - Diversified companies, Television Francaise 1 ranks better than 73.15% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Television Francaise 1's Gross Profit for the three months ended in Mar. 2026 was €288 Mil. Television Francaise 1's Revenue for the three months ended in Mar. 2026 was €472 Mil. Therefore, Television Francaise 1's Gross Margin % for the quarter that ended in Mar. 2026 was 61.03%.

Warning Sign:

Television Francaise 1 SA gross margin has been in long-term decline. The average rate of decline per year is -3%.


The historical rank and industry rank for Television Francaise 1's Gross Margin % or its related term are showing as below:

FRA:FSE' s Gross Margin % Range Over the Past 10 Years
Min: 54.24   Med: 61.86   Max: 71.09
Current: 59.24


During the past 13 years, the highest Gross Margin % of Television Francaise 1 was 71.09%. The lowest was 54.24%. And the median was 61.86%.

FRA:FSE's Gross Margin % is ranked better than
73.15% of 946 companies
in the Media - Diversified industry
Industry Median: 38.91 vs FRA:FSE: 59.24

Television Francaise 1 had a gross margin of 61.03% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Television Francaise 1 was -3.00% per year.


Television Francaise 1  (FRA:FSE) 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

Television Francaise 1 had a gross margin of 61.03% 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.


Television Francaise 1 Gross Margin % Related Terms


Television Francaise 1 Gross Margin % Historical Data

* Premium members only.

The historical data trend for Television Francaise 1'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.

Television Francaise 1 Gross Margin % Chart

Television Francaise 1 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 70.54 71.09 61.40 62.31 60.02

Television Francaise 1 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 64.29 65.03 66.60 48.00 61.03

FRA:FSE vs NXST: Gross Margin % Comparison

For the Broadcasting subindustry, Television Francaise 1'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.


Television Francaise 1 Gross Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Television Francaise 1's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Television Francaise 1's Gross Margin % falls into.


FRA:FSE
73GF Score
Television Francaise 1 SA FRA:FSE
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Television Francaise 1 Gross Margin % Calculation

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

Television Francaise 1'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 )
=1378.6 / 2296.9
=(Revenue - Cost of Goods Sold) / Revenue
=(2296.9 - 918.3) / 2296.9
=60.02 %

Television Francaise 1'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 )
=288 / 471.9
=(Revenue - Cost of Goods Sold) / Revenue
=(471.9 - 183.9) / 471.9
=61.03 %

* 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 61.03% mean?
Television Francaise 1 (FRA:FSE) has a Gross Margin % of 61.03% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Television Francaise 1 and its competitors. This is near median its historical median of 61.86. Over the past decade, Television Francaise 1's Gross Margin % has ranged from 54.24 to 71.09. According to the industry distribution chart, Television Francaise 1 ranks #254 out of 946 companies in the Media - Diversified industry, placing it in the top 26.8%.
Is Television Francaise 1's Gross Margin % too high?
Television Francaise 1's current Gross Margin % of 61.03% is near median its 10-year median of 61.86. Over the past 10 years, this metric has ranged from a low of 54.24 to a high of 71.09. The Media - Diversified industry median Gross Margin % is 38.91. Television Francaise 1's value of 61.03% is 56.8% above this industry median. Based on the distribution chart, Television Francaise 1 ranks #254 out of 946 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Television Francaise 1 has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Television Francaise 1's Gross Margin % compare to NXST?
According to the Media - Diversified industry distribution chart, Television Francaise 1 ranks #254 out of 946 companies for Gross Margin %. This puts Television Francaise 1 in the upper half of its industry. The industry median Gross Margin % is 38.91. Television Francaise 1's value of 61.03% is 56.8% above this benchmark. Historically, Television Francaise 1's own Gross Margin % has ranged from 54.24 to 71.09 over the past decade. While the company's 10-year median is 61.86 vs. the industry median of 38.91, Television Francaise 1 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. Television Francaise 1's current Gross Margin % of 61.03% is 56.8% 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 Television Francaise 1 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. Television Francaise 1's current Gross Margin % is 61.03%, which is near median its own 10-year median of 61.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Television Francaise 1 stock overvalued right now?
Based on GuruFocus' analysis, Television Francaise 1 (FRA:FSE) is currently considered Modestly Undervalued. The stock's GF Value™ is €7.43, compared to a current price of €6.54 — trading 12% below its estimated fair value. The current Gross Margin % is 61.03%, which is near median its 10-year median of 61.86 and 56.8% above the Media - Diversified industry median of 38.91. Television Francaise 1's overall GF Score™ is 73/100 with 7 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 Television Francaise 1 (FRA:FSE), the current Gross Margin % is 61.03% 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 Television Francaise 1 (FRA:FSE) Overvalued in 2026?

Based on GuruFocus' analysis, Television Francaise 1 stock appears to be undervalued. The current stock price of €6.54 is trading 12% below its estimated GF Value™ of €7.43. GuruFocus considers Television Francaise 1 to be Modestly Undervalued.

Key valuation signals for FRA:FSE:

  • Gross Margin %: 61.03% (near median its 10-year median of 61.86)
  • GF Value™: €7.43 vs. price of €6.54 (12% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 56.8% above the Media - Diversified median (#254 of 946)

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


Television Francaise 1 Business Description

Address 1, quai du Point du Jour, Boulogne-Billancourt, Paris, FRA, 92656
Television Francaise 1 SA is a television broadcasting company. The firm operates numerous television channels, including TF1, which is the company's flagship channel that broadcasts a variety of television programming. Additionally, the company controls other channels such as LCI, which focuses on news and current events, and Eurosport, the company's sports broadcasting. It is also involved in television and film production, publishing, as well as social media services. The company operates in two segments The Media segment and Studio TF1 segment. The company generates the vast majority of its revenue in France.
73GF Score

Get the complete analysis for FRA:FSE

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

€6.54
Price
€7.43
GF Value