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Tandy Leather FactoryFRA:V5D 47 Gross Margin % is 61.03% as of Mar. 2026, which is 6% above its 10-year median of 57.46. GuruFocus rates FRA:V5D with a GF Score™ of 47/100 and a GF Value™ of €3.49 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,120 Retail - Cyclical companies, Tandy Leather Factory ranks better than 83.66% on this metric.
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
Tandy Leather Factory had a gross margin of 61.03% 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.
Tandy Leather Factory Gross Margin % Related Terms
Tandy Leather Factory Gross Margin % Historical Data
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The historical data trend for Tandy Leather Factory'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:V5D vs RECT, BWTL, AETN: Gross Margin % Comparison
For the Specialty Retail subindustry, Tandy Leather Factory'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.
Tandy Leather Factory Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tandy Leather Factory's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Tandy Leather Factory'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.
Tandy Leather Factory (FRA:V5D) has a Gross Margin % of 61.03% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tandy Leather Factory and its competitors. This is near median its historical median of 57.46. Over the past decade, Tandy Leather Factory's Gross Margin % has ranged from 56.01 to 62.36. According to the industry distribution chart, Tandy Leather Factory ranks #183 out of 1120 companies in the Retail - Cyclical industry, placing it in the top 16.3%.
Is Tandy Leather Factory's Gross Margin % too high?
Tandy Leather Factory's current Gross Margin % of 61.03% is near median its 10-year median of 57.46. Over the past 10 years, this metric has ranged from a low of 56.01 to a high of 62.36. The Retail - Cyclical industry median Gross Margin % is 36.31. Tandy Leather Factory's value of 61.03% is 68.1% above this industry median. Based on the distribution chart, Tandy Leather Factory ranks #183 out of 1120 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Tandy Leather Factory has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tandy Leather Factory's Gross Margin % compare to RECT and BWTL?
According to the Retail - Cyclical industry distribution chart, Tandy Leather Factory ranks #183 out of 1120 companies for Gross Margin %. This places Tandy Leather Factory in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.31. Tandy Leather Factory's value of 61.03% is 68.1% above this benchmark. Historically, Tandy Leather Factory's own Gross Margin % has ranged from 56.01 to 62.36 over the past decade. While the company's 10-year median is 57.46 vs. the industry median of 36.31, Tandy Leather Factory 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.31, based on 1,120 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. Tandy Leather Factory's current Gross Margin % of 61.03% is 68.1% 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 Tandy Leather Factory and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tandy Leather Factory's current Gross Margin % is 61.03%, which is near median its own 10-year median of 57.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tandy Leather Factory stock overvalued right now?
Based on GuruFocus' analysis, Tandy Leather Factory (FRA:V5D) is currently considered Significantly Undervalued. The stock's GF Value™ is €3.49, compared to a current price of €1.99 — trading 43% below its estimated fair value. The current Gross Margin % is 61.03%, which is near median its 10-year median of 57.46 and 68.1% above the Retail - Cyclical industry median of 36.31. Tandy Leather Factory's overall GF Score™ is 47/100 with 2 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 Tandy Leather Factory (FRA:V5D), the current Gross Margin % is 61.03% 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 Tandy Leather Factory (FRA:V5D) Overvalued in 2026?
Based on GuruFocus' analysis, Tandy Leather Factory stock appears to be undervalued.
The current stock price of €1.99 is trading 43% below its estimated GF Value™ of €3.49.
GuruFocus considers Tandy Leather Factory to be Significantly Undervalued.
Key valuation signals for FRA:V5D:
Gross Margin %: 61.03% (near median its 10-year median of 57.46)
GF Value™: €3.49 vs. price of €1.99 (43% below fair value)
Industry Position: 68.1% above the Retail - Cyclical median (#183 of 1120)
No single metric tells the full story. See the FRA:V5D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tandy Leather Factory Inc is a specialty retailers of leather and leathercraft-related items. Its primary line of business is the sale of leather, leather crafts, and related supplies. Its broad line of leather and related products includes leather, leatherworking tools, leather dyes and finishes, and do-it-yourself kits. Its products include Leather, tools, Hardware, Supplies, Kits, Books and Patterns, and Gift cards. The company sells its products primarily through company-owned stores and through orders generated from its global websites, and through direct account representatives in its commercial division. Geographically the company operates within the United States, and Canada. it generates the highest revenue from the United States.
47GF Score
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