KAP AGFRA:IUR +1.60%41 Gross Margin % is 28.81% as of Dec. 2025, which is 27% above its 10-year median of 22.60. GuruFocus rates FRA:IUR with a GF Score™ of 41/100 and a GF Value™ of €8.45 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 511 Conglomerates companies, KAP AG ranks better than 50.68% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. KAP AG's Gross Profit for the
six
months ended in Dec. 2025 was €29.3 Mil. KAP AG's Revenue for the
six
months ended in Dec. 2025 was €101.8 Mil. Therefore, KAP AG's Gross Margin % for the quarter that ended in Dec. 2025 was 28.81%.
The historical rank and industry rank for KAP AG's Gross Margin % or its related term are showing as below:
FRA:IUR'
s Gross Margin % Range Over the Past 10 Years
Min: 18.29 Med: 22.6 Max: 26.05
Current: 26.05
During the past 13 years, the highestGross Margin % of KAP AG was 26.05%. The lowest was 18.29%. And the median was 22.60%.
FRA:IUR's Gross Margin % is ranked better than 50.68% of 511
companies
in the Conglomerates industry
Industry Median: 25.96
vs FRA:IUR: 26.05
KAP AG had a gross margin of 28.81% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for KAP AG was -0.10% per year.
KAP AG (FRA:IUR) 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
KAP AG had a gross margin of 28.81% 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.
KAP AG Gross Margin % Related Terms
KAP AG Gross Margin % Historical Data
* Premium members only.
The historical data trend for KAP AG'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 Conglomerates subindustry, KAP AG'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.
KAP AG Gross Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, KAP AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where KAP AG'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.
KAP AG (FRA:IUR) has a Gross Margin % of 28.81% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on KAP AG and its competitors. This is 27% above median its historical median of 22.60. Over the past decade, KAP AG's Gross Margin % has ranged from 18.29 to 26.05. According to the industry distribution chart, KAP AG ranks #252 out of 511 companies in the Conglomerates industry, placing it in the top 49.3%.
Is KAP AG's Gross Margin % too high?
KAP AG's current Gross Margin % of 28.81% is 27% above median its 10-year median of 22.60. Over the past 10 years, this metric has ranged from a low of 18.29 to a high of 26.05. The Conglomerates industry median Gross Margin % is 25.96. KAP AG's value of 28.81% is 11% above this industry median. Based on the distribution chart, KAP AG ranks #252 out of 511 companies in the Conglomerates industry, which is above the industry midpoint. Overall, KAP AG has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KAP AG's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, KAP AG ranks #252 out of 511 companies for Gross Margin %. This puts KAP AG in the upper half of its industry. The industry median Gross Margin % is 25.96. KAP AG's value of 28.81% is 11% above this benchmark. Historically, KAP AG's own Gross Margin % has ranged from 18.29 to 26.05 over the past decade. While the company's 10-year median is 22.60 vs. the industry median of 25.96, KAP AG 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 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. KAP AG's current Gross Margin % of 28.81% is 11% 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 KAP AG 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. KAP AG's current Gross Margin % is 28.81%, which is 27% above median its own 10-year median of 22.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KAP AG stock overvalued right now?
Based on GuruFocus' analysis, KAP AG (FRA:IUR) is currently considered Possible Value Trap. The stock's GF Value™ is €8.45, compared to a current price of €1.90 — trading 77.5% below its estimated fair value. The current Gross Margin % is 28.81%, which is 27% above median its 10-year median of 22.60 and 11% above the Conglomerates industry median of 25.96. KAP AG's overall GF Score™ is 41/100 with 4 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 KAP AG (FRA:IUR), the current Gross Margin % is 28.81% 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 KAP AG (FRA:IUR) Overvalued in 2026?
Based on GuruFocus' analysis, KAP AG stock appears to be undervalued.
The current stock price of €1.90 is trading 77.5% below its estimated GF Value™ of €8.45.
GuruFocus considers KAP AG to be Possible Value Trap.
Key valuation signals for FRA:IUR:
Gross Margin %: 28.81% (27% above median its 10-year median of 22.60)
GF Value™: €8.45 vs. price of €1.90 (77.5% below fair value)
Industry Position: 11% above the Conglomerates median (#252 of 511)
No single metric tells the full story. See the FRA:IUR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KAP AG is a German industrial holding company that provides engineered products and automotive components. The Flexible films segment generates maximum revenue, it is into extrusion coatings, calendaring and the conditioning of coated products. The engineered products segment includes develops, produces and sells technical fabrics and yarns whereas Surface technologies with chemical and physical conditioning specialized surface processes for refining metallic materials such as aluminum, magnesium, zinc die-casting or steel. Precision components segment manufacturers the precision components Geographically, the business presence of the firm is seen in the region of Germany, Rest of Europe, North/South America, Asia and in Other Countries.
41GF Score
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