Pine Technology Holdings (FRA:PNY) Gross Margin %: 1.08% (As of Dec. 2025) — 56% Below Median


FRA:PNY Pine Technology Holdings Ltd FRA:PNY
41 GF Score
Price €0.03
GF Value €0.02
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Pine Technology Holdings Gross Margin %?

Pine Technology Holdings FRA:PNY 41 Gross Margin % is 1.08% as of Dec. 2025, which is 56% below its 10-year median of 2.44. GuruFocus rates FRA:PNY with a GF Score™ of 41/100 and a GF Value™ of €0.02 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,449 Hardware companies, Pine Technology Holdings ranks worse than 96.16% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Pine Technology Holdings's Gross Profit for the six months ended in Dec. 2025 was €0.14 Mil. Pine Technology Holdings's Revenue for the six months ended in Dec. 2025 was €13.28 Mil. Therefore, Pine Technology Holdings's Gross Margin % for the quarter that ended in Dec. 2025 was 1.08%.


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

FRA:PNY' s Gross Margin % Range Over the Past 10 Years
Min: -9.84   Med: 2.44   Max: 35.94
Current: 1.5


During the past 13 years, the highest Gross Margin % of Pine Technology Holdings was 35.94%. The lowest was -9.84%. And the median was 2.44%.

FRA:PNY's Gross Margin % is ranked worse than
96.16% of 2449 companies
in the Hardware industry
Industry Median: 24.5 vs FRA:PNY: 1.50

Pine Technology Holdings had a gross margin of 1.08% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pine Technology Holdings was 0.00% per year.


Pine Technology Holdings  (FRA:PNY) 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

Pine Technology Holdings had a gross margin of 1.08% 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.


Pine Technology Holdings Gross Margin % Related Terms


Pine Technology Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Pine Technology Holdings'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.

Pine Technology Holdings Gross Margin % Chart

Pine Technology Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.94 8.60 -2.69 1.20 1.64

Pine Technology Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.17 1.25 1.43 1.81 1.08

FRA:PNY vs SNDK, DELL, STX: Gross Margin % Comparison

For the Computer Hardware subindustry, Pine Technology Holdings'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.


Pine Technology Holdings Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Pine Technology Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pine Technology Holdings's Gross Margin % falls into.


FRA:PNY
41GF Score
Pine Technology Holdings Ltd FRA:PNY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pine Technology Holdings Gross Margin % Calculation

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

Pine Technology Holdings's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=0.5 / 33.518
=(Revenue - Cost of Goods Sold) / Revenue
=(33.518 - 32.969) / 33.518
=1.64 %

Pine Technology Holdings'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 )
=0.1 / 13.278
=(Revenue - Cost of Goods Sold) / Revenue
=(13.278 - 13.135) / 13.278
=1.08 %

* 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 1.08% mean?
Pine Technology Holdings (FRA:PNY) has a Gross Margin % of 1.08% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Pine Technology Holdings and its competitors. This is 56% below median its historical median of 2.44. According to the industry distribution chart, Pine Technology Holdings ranks #2355 out of 2449 companies in the Hardware industry, placing it in the top 96.2%.
Is Pine Technology Holdings' Gross Margin % too high?
Pine Technology Holdings' current Gross Margin % of 1.08% is 56% below median its 10-year median of 2.44. The Hardware industry median Gross Margin % is 24.50. Pine Technology Holdings' value of 1.08% is 95.6% below this industry median. Based on the distribution chart, Pine Technology Holdings ranks #2355 out of 2449 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Pine Technology Holdings has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pine Technology Holdings' Gross Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Pine Technology Holdings ranks #2355 out of 2449 companies for Gross Margin %. This places Pine Technology Holdings in the lower half of its industry. The industry median Gross Margin % is 24.50. Pine Technology Holdings' value of 1.08% is 95.6% below this benchmark. While the company's 10-year median is 2.44 vs. the industry median of 24.50, Pine Technology Holdings 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 a Hardware company?
The median Gross Margin % among Hardware companies is 24.50, based on 2,449 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. Pine Technology Holdings's current Gross Margin % of 1.08% is 95.6% 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 Pine Technology Holdings and its competitors. For the Hardware industry, the median Gross Margin % is 24.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pine Technology Holdings's current Gross Margin % is 1.08%, which is 56% below median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pine Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pine Technology Holdings (FRA:PNY) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.02, compared to a current price of €0.03 — trading 25% above its estimated fair value. The current Gross Margin % is 1.08%, which is 56% below median its 10-year median of 2.44 and 95.6% below the Hardware industry median of 24.50. Pine Technology Holdings' overall GF Score™ is 41/100 with 1 warning sign 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 Pine Technology Holdings (FRA:PNY), the current Gross Margin % is 1.08% 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 Pine Technology Holdings (FRA:PNY) Overvalued in 2026?

Based on GuruFocus' analysis, Pine Technology Holdings stock appears to be overvalued. The current stock price of €0.03 is trading 25% above its estimated GF Value™ of €0.02. GuruFocus considers Pine Technology Holdings to be Modestly Overvalued.

Key valuation signals for FRA:PNY:

  • Gross Margin %: 1.08% (56% below median its 10-year median of 2.44)
  • GF Value™: €0.02 vs. price of €0.03 (25% above fair value)
  • GF Score™: 41/100 with 1 warning sign
  • Industry Position: 95.6% below the Hardware median (#2355 of 2449)

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


Pine Technology Holdings Business Description

Other Exchanges 01079:Hong KongPNY:Germany
Address 88-98 Des Voeux Road Central, Unit B, 12th Floor, Central 88, Central, Hong Kong, HKG
Pine Technology Holdings Ltd engages in the sales of computer components, consumer electronic products, raw plastic materials, and the provision of computer software, hardware, and system development services. The Group operates through four main segments: Group's brand products, involving the manufacture and sales of video graphics cards and other computer components under its own brand; Other brand products, covering the distribution of third-party computer components and consumer electronic products; Trading business, focused on trading activities in the PRC; and Computer software, hardware, and system development services. The Other brand products segment is the primary revenue contributor. The company exports its products to the PRC and Hong Kong.
41GF Score

Get the complete analysis for FRA:PNY

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

€0.03
Price
€0.02
GF Value