Mulberry GroupFRA:MUY 42 Gross Margin % is 69.24% as of Sep. 2025, which is 9% above its 10-year median of 63.52. GuruFocus rates FRA:MUY with a GF Score™ of 42/100 and a GF Value™ of €0.95 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,026 Manufacturing - Apparel & Accessories companies, Mulberry Group ranks better than 94.44% on this metric.
The historical rank and industry rank for Mulberry Group's Gross Margin % or its related term are showing as below:
FRA:MUY'
s Gross Margin % Range Over the Past 10 Years
Min: 61.02 Med: 63.52 Max: 71.72
Current: 68.08
During the past 13 years, the highestGross Margin % of Mulberry Group was 71.72%. The lowest was 61.02%. And the median was 63.52%.
FRA:MUY's Gross Margin % is ranked better than 94.44% of 1026
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.51
vs FRA:MUY: 68.08
Mulberry Group had a gross margin of 69.24% for the quarter that ended in Sep. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Mulberry Group was 2.10% per year.
Mulberry Group (FRA:MUY) 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
Mulberry Group had a gross margin of 69.24% for the quarter that ended in Sep. 2025 => 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.
Mulberry Group Gross Margin % Related Terms
Mulberry Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Mulberry Group'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.
FRA:MUY vs NKE, DECK, ONON: Gross Margin % Comparison
For the Footwear & Accessories subindustry, Mulberry Group'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.
Mulberry Group Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mulberry Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mulberry Group'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.
Mulberry Group (FRA:MUY) has a Gross Margin % of 69.24% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Mulberry Group and its competitors. This is near median its historical median of 63.52. Over the past decade, Mulberry Group's Gross Margin % has ranged from 61.02 to 71.72. According to the industry distribution chart, Mulberry Group ranks #57 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 5.6%.
Is Mulberry Group's Gross Margin % too high?
Mulberry Group's current Gross Margin % of 69.24% is near median its 10-year median of 63.52. Over the past 10 years, this metric has ranged from a low of 61.02 to a high of 71.72. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.51. Mulberry Group's value of 69.24% is 142.9% above this industry median. Based on the distribution chart, Mulberry Group ranks #57 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Mulberry Group has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mulberry Group's Gross Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mulberry Group ranks #57 out of 1026 companies for Gross Margin %. This places Mulberry Group in the top 6% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.51. Mulberry Group's value of 69.24% is 142.9% above this benchmark. Historically, Mulberry Group's own Gross Margin % has ranged from 61.02 to 71.72 over the past decade. While the company's 10-year median is 63.52 vs. the industry median of 28.51, Mulberry Group 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.51, based on 1,026 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. Mulberry Group's current Gross Margin % of 69.24% is 142.9% 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 Mulberry Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mulberry Group's current Gross Margin % is 69.24%, which is near median its own 10-year median of 63.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mulberry Group stock overvalued right now?
Based on GuruFocus' analysis, Mulberry Group (FRA:MUY) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.95, compared to a current price of €1.45 — trading 52.6% above its estimated fair value. The current Gross Margin % is 69.24%, which is near median its 10-year median of 63.52 and 142.9% above the Manufacturing - Apparel & Accessories industry median of 28.51. Mulberry Group's overall GF Score™ is 42/100 with 9 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 Mulberry Group (FRA:MUY), the current Gross Margin % is 69.24% as of Sep. 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 Mulberry Group (FRA:MUY) Overvalued in 2026?
Based on GuruFocus' analysis, Mulberry Group stock appears to be overvalued.
The current stock price of €1.45 is trading 52.6% above its estimated GF Value™ of €0.95.
GuruFocus considers Mulberry Group to be Significantly Overvalued.
Key valuation signals for FRA:MUY:
Gross Margin %: 69.24% (near median its 10-year median of 63.52)
GF Value™: €0.95 vs. price of €1.45 (52.6% above fair value)
Industry Position: 142.9% above the Manufacturing - Apparel & Accessories median (#57 of 1026)
No single metric tells the full story. See the FRA:MUY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mulberry Group PLC is a manufacturer of luxury leather goods in the United Kingdom. The Group designs, manufactures and manages its business under the Mulberry brand. The company operates in three geographical segments: UK, Asia Pacific, and Other international. Through its Omni Channel operations, the UK segment generates the majority of the revenue for the company.
42GF Score
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