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RedFish LongTerm Capital SpA (FRA:HN5) 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
RedFish LongTerm Capital SpA had a gross margin of 36.78% 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.
RedFish LongTerm Capital SpA Gross Margin % Related Terms
RedFish LongTerm Capital SpA 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.
FRA:HN5 vs BLK, BX, KKR: Gross Margin % Comparison
For the Asset Management subindustry, RedFish LongTerm Capital SpA'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.
RedFish LongTerm Capital SpA Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, RedFish LongTerm Capital SpA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where RedFish LongTerm Capital SpA'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.
RedFish LongTerm Capital SpA (FRA:HN5) has a Gross Margin % of 36.78% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on RedFish LongTerm Capital SpA and its competitors. This is near median its historical median of 36.43. According to the industry distribution chart, RedFish LongTerm Capital SpA ranks #376 out of 551 companies in the Asset Management industry, placing it in the top 68.2%.
Is RedFish LongTerm Capital SpA's Gross Margin % too high?
RedFish LongTerm Capital SpA's current Gross Margin % of 36.78% is near median its 10-year median of 36.43. The Asset Management industry median Gross Margin % is 56.73. RedFish LongTerm Capital SpA's value of 36.78% is 35.2% below this industry median. Based on the distribution chart, RedFish LongTerm Capital SpA ranks #376 out of 551 companies in the Asset Management industry, which is below the industry midpoint. Overall, RedFish LongTerm Capital SpA has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does RedFish LongTerm Capital SpA's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, RedFish LongTerm Capital SpA ranks #376 out of 551 companies for Gross Margin %. This places RedFish LongTerm Capital SpA in the lower half of its industry. The industry median Gross Margin % is 56.73. RedFish LongTerm Capital SpA's value of 36.78% is 35.2% below this benchmark. While the company's 10-year median is 36.43 vs. the industry median of 56.73, RedFish LongTerm Capital SpA 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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 56.73, based on 551 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. RedFish LongTerm Capital SpA's current Gross Margin % of 36.78% is 35.2% 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 RedFish LongTerm Capital SpA and its competitors. For the Asset Management industry, the median Gross Margin % is 56.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RedFish LongTerm Capital SpA's current Gross Margin % is 36.78%, which is near median its own 10-year median of 36.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RedFish LongTerm Capital SpA stock overvalued right now?
RedFish LongTerm Capital SpA (FRA:HN5) has a current Gross Margin % of 36.78%. The stock's GF Value™ is €2.02, compared to a current price of €1.15 — trading 43.1% below its estimated fair value. The current Gross Margin % is 36.78%, which is near median its 10-year median of 36.43 and 35.2% below the Asset Management industry median of 56.73. RedFish LongTerm Capital SpA's overall GF Score™ is 51/100 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 RedFish LongTerm Capital SpA (FRA:HN5), the current Gross Margin % is 36.78% 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 RedFish LongTerm Capital SpA (FRA:HN5) Overvalued in 2026?
Based on GuruFocus' analysis, RedFish LongTerm Capital SpA stock appears to be undervalued.
The current stock price of €1.15 is trading 43.1% below its estimated GF Value™ of €2.02.
Key valuation signals for FRA:HN5:
Gross Margin %: 36.78% (near median its 10-year median of 36.43)
GF Value™: €2.02 vs. price of €1.15 (43.1% below fair value)
Industry Position: 35.2% below the Asset Management median (#376 of 551)
No single metric tells the full story. See the FRA:HN5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RedFish LongTerm Capital SpA is an industrial holding company specializing in the acquisition of shares in family-run Italian SMEs. The company acquires qualified minority or majority shareholdings with the intention of maintaining these investments over a long period of time, either through its investment or through club deal structures, with the involvement of other investors. The role of the company in the ecosystem of its subsidiaries is to support them in increasing some critical areas by providing them with support services to managers for the financial side, management control, and debt optimization, but above all, advisory services for the acquisition of Target Companies to pursue the development plan for external lines.
51GF 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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