learnd SE (FRA:LRND) Gross Margin %: 0.00% (As of Dec. 2025)


FRA:LRND learnd SE FRA:LRND
37 GF Score
Price €1.95
GF Value €0.79
Valuation Significantly Overvalued
! 3 Warning Signs
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What is learnd SE Gross Margin %?

learnd SE FRA:LRND -11.36% 37 Gross Margin % is 0.00% as of Dec. 2025. GuruFocus rates FRA:LRND with a GF Score™ of 37/100 and a GF Value™ of €0.79 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 73 Diversified Financial Services companies, learnd SE ranks worse than 100% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. learnd SE's Gross Profit for the six months ended in Dec. 2025 was €-33.93 Mil. learnd SE's Revenue for the six months ended in Dec. 2025 was €-33.93 Mil. Therefore, learnd SE's Gross Margin % for the quarter that ended in Dec. 2025 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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

FRA:LRND' s Gross Margin % Range Over the Past 10 Years
Min: -2266.97   Med: 38.78   Max: 39.64
Current: -2266.97


During the past 5 years, the highest Gross Margin % of learnd SE was 39.64%. The lowest was -2266.97%. And the median was 38.78%.

FRA:LRND's Gross Margin % is ranked worse than
100% of 73 companies
in the Diversified Financial Services industry
Industry Median: 42.14 vs FRA:LRND: -2266.97

learnd SE had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for learnd SE was 0.00% per year.


learnd SE  (FRA:LRND) 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

learnd SE had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable 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.


learnd SE Gross Margin % Related Terms


learnd SE Gross Margin % Historical Data

* Premium members only.

The historical data trend for learnd SE'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.

learnd SE Gross Margin % Chart

learnd SE Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
0.00 37.91 39.64 0.00 0.00

learnd SE Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial Premium Member Only 41.63 38.35 -40.71 33.29 0.00

FRA:LRND vs XXI, CCXI, DMII: Gross Margin % Comparison

For the Shell Companies subindustry, learnd SE'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.


learnd SE Gross Margin % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, learnd SE's Gross Margin % distribution charts can be found below:

* The bar in red indicates where learnd SE's Gross Margin % falls into.


FRA:LRND
37GF Score
learnd SE FRA:LRND
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

learnd SE Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

learnd SE'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 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

learnd SE's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=-33.9 / -33.93
=(Revenue - Cost of Goods Sold) / Revenue
=(-33.93 - 0) / -33.93
=N/A %

* 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 0.00% mean?
learnd SE (FRA:LRND) has a Gross Margin % of 0.00% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on learnd SE and its competitors. According to the industry distribution chart, learnd SE ranks #73 out of 73 companies in the Diversified Financial Services industry.
Is learnd SE's Gross Margin % too high?
learnd SE's current Gross Margin % is 0.00%. Based on the distribution chart, learnd SE ranks #73 out of 73 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, learnd SE has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does learnd SE's Gross Margin % compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, learnd SE ranks #73 out of 73 companies for Gross Margin %. This places learnd SE in the lower half of its industry. The industry median Gross Margin % is 42.14. 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 Diversified Financial Services company?
The median Gross Margin % among Diversified Financial Services companies is 42.14, based on 73 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. 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 learnd SE and its competitors. For the Diversified Financial Services industry, the median Gross Margin % is 42.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. learnd SE's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is learnd SE stock overvalued right now?
Based on GuruFocus' analysis, learnd SE (FRA:LRND) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.79, compared to a current price of €1.95 — trading 146.8% above its estimated fair value. The current Gross Margin % is 0.00%. learnd SE's overall GF Score™ is 37/100 with 3 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 learnd SE (FRA:LRND), the current Gross Margin % is 0.00% 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 learnd SE (FRA:LRND) Overvalued in 2026?

Based on GuruFocus' analysis, learnd SE stock appears to be overvalued. The current stock price of €1.95 is trading 146.8% above its estimated GF Value™ of €0.79. GuruFocus considers learnd SE to be Significantly Overvalued.

Key valuation signals for FRA:LRND:

  • Gross Margin %: 0.00%
  • GF Value™: €0.79 vs. price of €1.95 (146.8% above fair value)
  • GF Score™: 37/100 with 3 warning signs

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


learnd SE Business Description

Other Exchanges LRND:Germany
Address 5, Heienhaff, Senningerberg, Luxembourg, LUX, L-1736
learnd SE is engaged in the design, installation, service and maintenance of Building Management Systems (BMS) and Building Energy Management Systems, and the provision of associated bureau services.
37GF Score

Get the complete analysis for FRA:LRND

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

€1.95
Price
€0.79
GF Value