United Labels AG (FRA:ULC) Gross Margin %: 48.78% (As of Mar. 2026) — 58% Above Median


FRA:ULC United Labels AG FRA:ULC
70 GF Score
Price €1.14
GF Value €1.91
! 4 Warning Signs
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What is United Labels AG Gross Margin %?

United Labels AG FRA:ULC 70 Gross Margin % is 48.78% as of Mar. 2026, which is 58% above its 10-year median of 30.87. GuruFocus rates FRA:ULC with a GF Score™ of 70/100 and a GF Value™ of €1.91. The stock has 4 warning signs investors should review. Among 793 Travel & Leisure companies, United Labels AG ranks worse than 51.2% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. United Labels AG's Gross Profit for the three months ended in Mar. 2026 was €1.94 Mil. United Labels AG's Revenue for the three months ended in Mar. 2026 was €3.97 Mil. Therefore, United Labels AG's Gross Margin % for the quarter that ended in Mar. 2026 was 48.78%.


The historical rank and industry rank for United Labels AG's Gross Margin % or its related term are showing as below:

FRA:ULC' s Gross Margin % Range Over the Past 10 Years
Min: 22.93   Med: 30.87   Max: 43.99
Current: 43.25


During the past 13 years, the highest Gross Margin % of United Labels AG was 43.99%. The lowest was 22.93%. And the median was 30.87%.

FRA:ULC's Gross Margin % is ranked worse than
51.2% of 793 companies
in the Travel & Leisure industry
Industry Median: 43.92 vs FRA:ULC: 43.25

United Labels AG had a gross margin of 48.78% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for United Labels AG was 6.50% per year.


United Labels AG  (FRA:ULC) 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

United Labels AG had a gross margin of 48.78% 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.


United Labels AG Gross Margin % Related Terms


United Labels AG Gross Margin % Historical Data

* Premium members only.

The historical data trend for United Labels AG'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.

United Labels AG Gross Margin % Chart

United Labels AG 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 24.64 28.58 27.26 37.11 43.99

United Labels AG 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 50.04 50.97 35.25 42.30 48.78

FRA:ULC vs AS, HAS, LTH: Gross Margin % Comparison

For the Leisure subindustry, United Labels 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.


United Labels AG Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, United Labels AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where United Labels AG's Gross Margin % falls into.


FRA:ULC
70GF Score
United Labels AG FRA:ULC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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United Labels AG Gross Margin % Calculation

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

United Labels AG'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 )
=9.5 / 21.54
=(Revenue - Cost of Goods Sold) / Revenue
=(21.54 - 12.064) / 21.54
=43.99 %

United Labels AG'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 )
=1.9 / 3.969
=(Revenue - Cost of Goods Sold) / Revenue
=(3.969 - 2.033) / 3.969
=48.78 %

* 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 48.78% mean?
United Labels AG (FRA:ULC) has a Gross Margin % of 48.78% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on United Labels AG and its competitors. This is 58% above median its historical median of 30.87. Over the past decade, United Labels AG's Gross Margin % has ranged from 22.93 to 43.99. According to the industry distribution chart, United Labels AG ranks #406 out of 793 companies in the Travel & Leisure industry, placing it in the top 51.2%.
Is United Labels AG's Gross Margin % too high?
United Labels AG's current Gross Margin % of 48.78% is 58% above median its 10-year median of 30.87. Over the past 10 years, this metric has ranged from a low of 22.93 to a high of 43.99. The Travel & Leisure industry median Gross Margin % is 43.92. United Labels AG's value of 48.78% is 11.1% above this industry median. Based on the distribution chart, United Labels AG ranks #406 out of 793 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, United Labels AG has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does United Labels AG's Gross Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, United Labels AG ranks #406 out of 793 companies for Gross Margin %. This places United Labels AG in the lower half of its industry. The industry median Gross Margin % is 43.92. United Labels AG's value of 48.78% is 11.1% above this benchmark. Historically, United Labels AG's own Gross Margin % has ranged from 22.93 to 43.99 over the past decade. While the company's 10-year median is 30.87 vs. the industry median of 43.92, United Labels 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.92, based on 793 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. United Labels AG's current Gross Margin % of 48.78% is 11.1% 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 United Labels AG and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Labels AG's current Gross Margin % is 48.78%, which is 58% above median its own 10-year median of 30.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Labels AG stock overvalued right now?
United Labels AG (FRA:ULC) has a current Gross Margin % of 48.78%. The stock's GF Value™ is €1.91, compared to a current price of €1.14 — trading 40.3% below its estimated fair value. The current Gross Margin % is 48.78%, which is 58% above median its 10-year median of 30.87 and 11.1% above the Travel & Leisure industry median of 43.92. United Labels AG's overall GF Score™ is 70/100 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 United Labels AG (FRA:ULC), the current Gross Margin % is 48.78% 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 United Labels AG (FRA:ULC) Overvalued in 2026?

Based on GuruFocus' analysis, United Labels AG stock appears to be undervalued. The current stock price of €1.14 is trading 40.3% below its estimated GF Value™ of €1.91.

Key valuation signals for FRA:ULC:

  • Gross Margin %: 48.78% (58% above median its 10-year median of 30.87)
  • GF Value™: €1.91 vs. price of €1.14 (40.3% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 11.1% above the Travel & Leisure median (#406 of 793)

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


United Labels AG Business Description

Other Exchanges 0KFL:UKULC:Germany
Address Gildenstrasse 6, Munster, NW, DEU, 48157
United Labels AG designs, markets, and sells consumer products based on international cartoon brands. It sells comic wear under license. Its partners include players from the world of media and entertainment, such as Disney and 20th Century Fox. The company's Brand portfolio includes Wizarding World - Harry Potter, Playmobil, Peanuts, Hello Kitty, Ralph Ruthe, Looney Tunes, Sesame Street, and Others. Its product range includes textiles, stationery, gift articles, clothing, plush, and bags & accessories. Its geographical segments are Germany and Other countries, of which the majority of its revenue comes from Germany. The company's segments include: Key Accounts and Specialist Retail.
70GF Score

Get the complete analysis for FRA:ULC

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

€1.14
Price
€1.91
GF Value