Metsa Board Oyj (FRA:MSRB) Gross Margin %: 22.17% (As of Mar. 2026) — 11% Below Median


FRA:MSRB Metsa Board Oyj FRA:MSRB
64 GF Score
Price €2.78
GF Value €3.50
! 6 Warning Signs
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What is Metsa Board Oyj Gross Margin %?

Metsa Board Oyj FRA:MSRB +0.73% 64 Gross Margin % is 22.17% as of Mar. 2026, which is 11% below its 10-year median of 24.95. GuruFocus rates FRA:MSRB with a GF Score™ of 64/100 and a GF Value™ of €3.50. The stock has 6 warning signs investors should review. Among 383 Packaging & Containers companies, Metsa Board Oyj ranks worse than 55.09% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Metsa Board Oyj's Gross Profit for the three months ended in Mar. 2026 was €87 Mil. Metsa Board Oyj's Revenue for the three months ended in Mar. 2026 was €394 Mil. Therefore, Metsa Board Oyj's Gross Margin % for the quarter that ended in Mar. 2026 was 22.17%.

Warning Sign:

Metsa Board Oyj gross margin has been in long-term decline. The average rate of decline per year is -12.9%.


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

FRA:MSRB' s Gross Margin % Range Over the Past 10 Years
Min: 15.03   Med: 24.95   Max: 29.41
Current: 19.48


During the past 13 years, the highest Gross Margin % of Metsa Board Oyj was 29.41%. The lowest was 15.03%. And the median was 24.95%.

FRA:MSRB's Gross Margin % is ranked worse than
55.09% of 383 companies
in the Packaging & Containers industry
Industry Median: 21.27 vs FRA:MSRB: 19.48

Metsa Board Oyj had a gross margin of 22.17% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Metsa Board Oyj was -12.90% per year.


Metsa Board Oyj  (FRA:MSRB) 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

Metsa Board Oyj had a gross margin of 22.17% for the quarter that ended in Mar. 2026 => 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.


Metsa Board Oyj Gross Margin % Related Terms


Metsa Board Oyj Gross Margin % Historical Data

* Premium members only.

The historical data trend for Metsa Board Oyj'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.

Metsa Board Oyj Gross Margin % Chart

Metsa Board Oyj 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 28.40 26.18 18.98 19.34 15.03

Metsa Board Oyj 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 25.21 22.19 16.21 17.28 22.17

FRA:MSRB vs SW, PKG, AMCR: Gross Margin % Comparison

For the Packaging & Containers subindustry, Metsa Board Oyj'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.


Metsa Board Oyj Gross Margin % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Metsa Board Oyj's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Metsa Board Oyj's Gross Margin % falls into.


FRA:MSRB
64GF Score
Metsa Board Oyj FRA:MSRB
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Metsa Board Oyj Gross Margin % Calculation

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

Metsa Board Oyj'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 )
=266.8 / 1775.7
=(Revenue - Cost of Goods Sold) / Revenue
=(1775.7 - 1508.9) / 1775.7
=15.03 %

Metsa Board Oyj'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 )
=87.3 / 393.7
=(Revenue - Cost of Goods Sold) / Revenue
=(393.7 - 306.4) / 393.7
=22.17 %

* 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 22.17% mean?
Metsa Board Oyj (FRA:MSRB) has a Gross Margin % of 22.17% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Metsa Board Oyj and its competitors. This is 11% below median its historical median of 24.95. Over the past decade, Metsa Board Oyj's Gross Margin % has ranged from 15.03 to 29.41. According to the industry distribution chart, Metsa Board Oyj ranks #211 out of 383 companies in the Packaging & Containers industry, placing it in the top 55.1%.
Is Metsa Board Oyj's Gross Margin % too high?
Metsa Board Oyj's current Gross Margin % of 22.17% is 11% below median its 10-year median of 24.95. Over the past 10 years, this metric has ranged from a low of 15.03 to a high of 29.41. The Packaging & Containers industry median Gross Margin % is 21.27. Metsa Board Oyj's value of 22.17% is 4.2% above this industry median. Based on the distribution chart, Metsa Board Oyj ranks #211 out of 383 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Metsa Board Oyj has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Metsa Board Oyj's Gross Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Metsa Board Oyj ranks #211 out of 383 companies for Gross Margin %. This places Metsa Board Oyj in the lower half of its industry. The industry median Gross Margin % is 21.27. Metsa Board Oyj's value of 22.17% is 4.2% above this benchmark. Historically, Metsa Board Oyj's own Gross Margin % has ranged from 15.03 to 29.41 over the past decade. While the company's 10-year median is 24.95 vs. the industry median of 21.27, Metsa Board Oyj 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 Packaging & Containers company?
The median Gross Margin % among Packaging & Containers companies is 21.27, based on 383 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. Metsa Board Oyj's current Gross Margin % of 22.17% is 4.2% 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 Metsa Board Oyj and its competitors. For the Packaging & Containers industry, the median Gross Margin % is 21.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metsa Board Oyj's current Gross Margin % is 22.17%, which is 11% below median its own 10-year median of 24.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metsa Board Oyj stock overvalued right now?
Metsa Board Oyj (FRA:MSRB) has a current Gross Margin % of 22.17%. The stock's GF Value™ is €3.50, compared to a current price of €2.78 — trading 20.5% below its estimated fair value. The current Gross Margin % is 22.17%, which is 11% below median its 10-year median of 24.95 and 4.2% above the Packaging & Containers industry median of 21.27. Metsa Board Oyj's overall GF Score™ is 64/100 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 Metsa Board Oyj (FRA:MSRB), the current Gross Margin % is 22.17% 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 Metsa Board Oyj (FRA:MSRB) Overvalued in 2026?

Based on GuruFocus' analysis, Metsa Board Oyj stock appears to be undervalued. The current stock price of €2.78 is trading 20.5% below its estimated GF Value™ of €3.50.

Key valuation signals for FRA:MSRB:

  • Gross Margin %: 22.17% (11% below median its 10-year median of 24.95)
  • GF Value™: €3.50 vs. price of €2.78 (20.5% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 4.2% above the Packaging & Containers median (#211 of 383)

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


Metsa Board Oyj Business Description

Address Revontulenpuisto 2, P.O. Box 20, Espoo, FIN, 02100
Metsa Board Oyj is the European producer of premium lightweight paperboards. Its product portfolio includes pulp, boxboard, and linerboard, which are used in foodservice and consumer goods packaging. The company's customers are typically boxboard printers, carton board manufacturers in the food, cosmetics, and pharmaceutical industries, and manufacturers of branded goods and wholesalers. It operates fiber mills that produce its fiber-based products from timber. The Company operates in European Nations like Germany, Sweden, Spain, etc., and also in other countries like the UK, Norway, Canada, Asia, and Turkey. The majority of the revenue is generated in Europe.
64GF Score

Get the complete analysis for FRA:MSRB

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

€2.78
Price
€3.50
GF Value