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Tick Trading Software AGFRA:TBX0 78 Gross Margin % is 57.79% as of Mar. 2026, which is 12% below its 10-year median of 65.58. GuruFocus rates FRA:TBX0 with a GF Score™ of 78/100 and a GF Value™ of €13.57 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,684 Software companies, Tick Trading Software AG ranks better than 70.23% on this metric.
FRA:TBX0's Gross Margin % is ranked better than 70.23% of 2684
companies
in the Software industry
Industry Median: 40.465
vs FRA:TBX0: 59.77
Tick Trading Software AG had a gross margin of 57.79% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Tick Trading Software AG was -0.30% per year.
Tick Trading Software AG (FRA:TBX0) 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
Tick Trading Software AG had a gross margin of 57.79% 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.
Tick Trading Software AG Gross Margin % Related Terms
Tick Trading Software AG Gross Margin % Historical Data
* 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:TBX0 vs CRM, SHOP, UBER: Gross Margin % Comparison
For the Software - Application subindustry, Tick Trading Software AG'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.
Tick Trading Software AG Gross Margin % vs Software Industry
For the Software industry and Technology sector, Tick Trading Software AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Tick Trading Software AG'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.
Tick Trading Software AG (FRA:TBX0) has a Gross Margin % of 57.79% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tick Trading Software AG and its competitors. This is 12% below median its historical median of 65.58. Over the past decade, Tick Trading Software AG's Gross Margin % has ranged from 59.77 to 70.02. According to the industry distribution chart, Tick Trading Software AG ranks #799 out of 2684 companies in the Software industry, placing it in the top 29.8%.
Is Tick Trading Software AG's Gross Margin % too high?
Tick Trading Software AG's current Gross Margin % of 57.79% is 12% below median its 10-year median of 65.58. Over the past 10 years, this metric has ranged from a low of 59.77 to a high of 70.02. The Software industry median Gross Margin % is 40.47. Tick Trading Software AG's value of 57.79% is 42.8% above this industry median. Based on the distribution chart, Tick Trading Software AG ranks #799 out of 2684 companies in the Software industry, which is above the industry midpoint. Overall, Tick Trading Software AG has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tick Trading Software AG's Gross Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Tick Trading Software AG ranks #799 out of 2684 companies for Gross Margin %. This puts Tick Trading Software AG in the upper half of its industry. The industry median Gross Margin % is 40.47. Tick Trading Software AG's value of 57.79% is 42.8% above this benchmark. Historically, Tick Trading Software AG's own Gross Margin % has ranged from 59.77 to 70.02 over the past decade. While the company's 10-year median is 65.58 vs. the industry median of 40.47, Tick Trading Software AG 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 Software company?
The median Gross Margin % among Software companies is 40.47, based on 2,684 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. Tick Trading Software AG's current Gross Margin % of 57.79% is 42.8% 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 Tick Trading Software AG and its competitors. For the Software industry, the median Gross Margin % is 40.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tick Trading Software AG's current Gross Margin % is 57.79%, which is 12% below median its own 10-year median of 65.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tick Trading Software AG stock overvalued right now?
Based on GuruFocus' analysis, Tick Trading Software AG (FRA:TBX0) is currently considered Modestly Undervalued. The stock's GF Value™ is €13.57, compared to a current price of €7.25 — trading 46.6% below its estimated fair value. The current Gross Margin % is 57.79%, which is 12% below median its 10-year median of 65.58 and 42.8% above the Software industry median of 40.47. Tick Trading Software AG's overall GF Score™ is 78/100 with 5 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 Tick Trading Software AG (FRA:TBX0), the current Gross Margin % is 57.79% 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 Tick Trading Software AG (FRA:TBX0) Overvalued in 2026?
Based on GuruFocus' analysis, Tick Trading Software AG stock appears to be undervalued.
The current stock price of €7.25 is trading 46.6% below its estimated GF Value™ of €13.57.
GuruFocus considers Tick Trading Software AG to be Modestly Undervalued.
Key valuation signals for FRA:TBX0:
Gross Margin %: 57.79% (12% below median its 10-year median of 65.58)
GF Value™: €13.57 vs. price of €7.25 (46.6% below fair value)
Industry Position: 42.8% above the Software median (#799 of 2684)
No single metric tells the full story. See the FRA:TBX0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tick Trading Software AG develops and distributes software packages for professional trading. The company's products are the TBMX Trading Platform, tick-TS Cloud, e-Trading Compliance Monitor, and others. tick Trading Software AG is active in the field of programming IT software; The focus here is on the programming of EDP software in the financial services segment (stock market software, trading software, etc.). In addition, it offers its customers "Software as a Service" housing and hosting of complex server systems for stock exchange trading in combination with its software solutions.
78GF Score
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