BOE VaritronixFRA:VTX -2.90%67 Gross Margin % is 17.63% as of Dec. 2025, which is 5% below its 10-year median of 18.58. GuruFocus rates FRA:VTX with a GF Score™ of 67/100 and a GF Value™ of €0.75 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,454 Hardware companies, BOE Varitronix ranks worse than 66.18% 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
BOE Varitronix had a gross margin of 17.63% 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.
BOE Varitronix Gross Margin % Related Terms
BOE Varitronix Gross Margin % Historical Data
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The historical data trend for BOE Varitronix'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 Electronic Components subindustry, BOE Varitronix'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.
BOE Varitronix Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, BOE Varitronix's Gross Margin % distribution charts can be found below:
* The bar in red indicates where BOE Varitronix'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.
BOE Varitronix (FRA:VTX) has a Gross Margin % of 17.63% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on BOE Varitronix and its competitors. This is near median its historical median of 18.58. Over the past decade, BOE Varitronix's Gross Margin % has ranged from 16.88 to 37.66. According to the industry distribution chart, BOE Varitronix ranks #1624 out of 2454 companies in the Hardware industry, placing it in the top 66.2%.
Is BOE Varitronix's Gross Margin % too high?
BOE Varitronix's current Gross Margin % of 17.63% is near median its 10-year median of 18.58. Over the past 10 years, this metric has ranged from a low of 16.88 to a high of 37.66. The Hardware industry median Gross Margin % is 24.57. BOE Varitronix's value of 17.63% is 28.2% below this industry median. Based on the distribution chart, BOE Varitronix ranks #1624 out of 2454 companies in the Hardware industry, which is below the industry midpoint. Overall, BOE Varitronix has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BOE Varitronix's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, BOE Varitronix ranks #1624 out of 2454 companies for Gross Margin %. This places BOE Varitronix in the lower half of its industry. The industry median Gross Margin % is 24.57. BOE Varitronix's value of 17.63% is 28.2% below this benchmark. Historically, BOE Varitronix's own Gross Margin % has ranged from 16.88 to 37.66 over the past decade. While the company's 10-year median is 18.58 vs. the industry median of 24.57, BOE Varitronix 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 24.57, based on 2,454 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. BOE Varitronix's current Gross Margin % of 17.63% is 28.2% 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 BOE Varitronix and its competitors. For the Hardware industry, the median Gross Margin % is 24.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOE Varitronix's current Gross Margin % is 17.63%, which is near median its own 10-year median of 18.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOE Varitronix stock overvalued right now?
Based on GuruFocus' analysis, BOE Varitronix (FRA:VTX) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.75, compared to a current price of €0.40 — trading 46.4% below its estimated fair value. The current Gross Margin % is 17.63%, which is near median its 10-year median of 18.58 and 28.2% below the Hardware industry median of 24.57. BOE Varitronix's overall GF Score™ is 67/100 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 BOE Varitronix (FRA:VTX), the current Gross Margin % is 17.63% 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 BOE Varitronix (FRA:VTX) Overvalued in 2026?
Based on GuruFocus' analysis, BOE Varitronix stock appears to be undervalued.
The current stock price of €0.40 is trading 46.4% below its estimated GF Value™ of €0.75.
GuruFocus considers BOE Varitronix to be Significantly Undervalued.
Key valuation signals for FRA:VTX:
Gross Margin %: 17.63% (near median its 10-year median of 18.58)
GF Value™: €0.75 vs. price of €0.40 (46.4% below fair value)
Industry Position: 28.2% below the Hardware median (#1624 of 2454)
No single metric tells the full story. See the FRA:VTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the design, manufacture and sale of liquid crystal displays and related products. The company's geographical segments include the PRC, Europe, Japan, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.
67GF Score
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