Shelly Group SEFRA:SLYG +0.17%93 Gross Margin % is 61.11% as of Mar. 2026, which is 22% above its 10-year median of 50.28. GuruFocus rates FRA:SLYG with a GF Score™ of 93/100 and a GF Value™ of €66.50 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 511 Conglomerates companies, Shelly Group SE ranks better than 91% on this metric.
The historical rank and industry rank for Shelly Group SE's Gross Margin % or its related term are showing as below:
FRA:SLYG'
s Gross Margin % Range Over the Past 10 Years
Min: 28.41 Med: 50.28 Max: 59.35
Current: 59.14
During the past 9 years, the highestGross Margin % of Shelly Group SE was 59.35%. The lowest was 28.41%. And the median was 50.28%.
FRA:SLYG's Gross Margin % is ranked better than 91% of 511
companies
in the Conglomerates industry
Industry Median: 25.96
vs FRA:SLYG: 59.14
Shelly Group SE had a gross margin of 61.11% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Shelly Group SE was 4.10% per year.
Shelly Group SE (FRA:SLYG) 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
Shelly Group SE had a gross margin of 61.11% for the quarter that ended in Mar. 2026 => 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.
Shelly Group SE Gross Margin % Related Terms
Shelly Group SE Gross Margin % Historical Data
* Premium members only.
The historical data trend for Shelly Group 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.
For the Conglomerates subindustry, Shelly Group 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.
Shelly Group SE Gross Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Shelly Group SE's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Shelly Group SE'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.
Shelly Group SE (FRA:SLYG) has a Gross Margin % of 61.11% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shelly Group SE and its competitors. This is 22% above median its historical median of 50.28. Over the past decade, Shelly Group SE's Gross Margin % has ranged from 28.41 to 59.35. According to the industry distribution chart, Shelly Group SE ranks #46 out of 511 companies in the Conglomerates industry, placing it in the top 9%.
Is Shelly Group SE's Gross Margin % too high?
Shelly Group SE's current Gross Margin % of 61.11% is 22% above median its 10-year median of 50.28. Over the past 10 years, this metric has ranged from a low of 28.41 to a high of 59.35. The Conglomerates industry median Gross Margin % is 25.96. Shelly Group SE's value of 61.11% is 135.4% above this industry median. Based on the distribution chart, Shelly Group SE ranks #46 out of 511 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Shelly Group SE has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shelly Group SE's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Shelly Group SE ranks #46 out of 511 companies for Gross Margin %. This places Shelly Group SE in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 25.96. Shelly Group SE's value of 61.11% is 135.4% above this benchmark. Historically, Shelly Group SE's own Gross Margin % has ranged from 28.41 to 59.35 over the past decade. While the company's 10-year median is 50.28 vs. the industry median of 25.96, Shelly Group SE 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. Shelly Group SE's current Gross Margin % of 61.11% is 135.4% 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 Shelly Group SE 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. Shelly Group SE's current Gross Margin % is 61.11%, which is 22% above median its own 10-year median of 50.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shelly Group SE stock overvalued right now?
Based on GuruFocus' analysis, Shelly Group SE (FRA:SLYG) is currently considered Modestly Undervalued. The stock's GF Value™ is €66.50, compared to a current price of €59.20 — trading 11% below its estimated fair value. The current Gross Margin % is 61.11%, which is 22% above median its 10-year median of 50.28 and 135.4% above the Conglomerates industry median of 25.96. Shelly Group SE's overall GF Score™ is 93/100 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 Shelly Group SE (FRA:SLYG), the current Gross Margin % is 61.11% 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 Shelly Group SE (FRA:SLYG) Overvalued in 2026?
Based on GuruFocus' analysis, Shelly Group SE stock appears to be undervalued.
The current stock price of €59.20 is trading 11% below its estimated GF Value™ of €66.50.
GuruFocus considers Shelly Group SE to be Modestly Undervalued.
Key valuation signals for FRA:SLYG:
Gross Margin %: 61.11% (22% above median its 10-year median of 50.28)
GF Value™: €66.50 vs. price of €59.20 (11% below fair value)
Industry Position: 135.4% above the Conglomerates median (#46 of 511)
No single metric tells the full story. See the FRA:SLYG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shelly Group SE is engaged in the acquisition, management, evaluation, and sale of participations in Bulgarian & foreign companies; acquisition, management, and sale of bonds; acquisition, evaluation, sale, and patents. The company delivers innovation through designing, producing, and distributing high-quality IoT products. The group manages the business with electronic devices as one operating segment. It derives the majority of its revenue from the sale of smart devices.
93GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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