Warsaw Stock ExchangeFRA:WSX +0.30%89 Gross Margin % is 73.34% as of Mar. 2026, which is 3% below its 10-year median of 75.45. GuruFocus rates FRA:WSX with a GF Score™ of 89/100 and a GF Value™ of €13.26 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 617 Capital Markets companies, Warsaw Stock Exchange ranks better than 72.61% 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
Warsaw Stock Exchange had a gross margin of 73.34% 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.
Warsaw Stock Exchange Gross Margin % Related Terms
Warsaw Stock Exchange Gross Margin % Historical Data
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The historical data trend for Warsaw Stock Exchange'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:WSX vs SPGI, CME, ICE: Gross Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, Warsaw Stock Exchange'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.
Warsaw Stock Exchange Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Warsaw Stock Exchange's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Warsaw Stock Exchange'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.
Warsaw Stock Exchange (FRA:WSX) has a Gross Margin % of 73.34% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Warsaw Stock Exchange and its competitors. This is near median its historical median of 75.45. Over the past decade, Warsaw Stock Exchange's Gross Margin % has ranged from 68.32 to 80.76. According to the industry distribution chart, Warsaw Stock Exchange ranks #169 out of 617 companies in the Capital Markets industry, placing it in the top 27.4%.
Is Warsaw Stock Exchange's Gross Margin % too high?
Warsaw Stock Exchange's current Gross Margin % of 73.34% is near median its 10-year median of 75.45. Over the past 10 years, this metric has ranged from a low of 68.32 to a high of 80.76. The Capital Markets industry median Gross Margin % is 48.30. Warsaw Stock Exchange's value of 73.34% is 51.8% above this industry median. Based on the distribution chart, Warsaw Stock Exchange ranks #169 out of 617 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Warsaw Stock Exchange has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Warsaw Stock Exchange's Gross Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Warsaw Stock Exchange ranks #169 out of 617 companies for Gross Margin %. This puts Warsaw Stock Exchange in the upper half of its industry. The industry median Gross Margin % is 48.30. Warsaw Stock Exchange's value of 73.34% is 51.8% above this benchmark. Historically, Warsaw Stock Exchange's own Gross Margin % has ranged from 68.32 to 80.76 over the past decade. While the company's 10-year median is 75.45 vs. the industry median of 48.30, Warsaw Stock Exchange 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 48.30, based on 617 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. Warsaw Stock Exchange's current Gross Margin % of 73.34% is 51.8% 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 Warsaw Stock Exchange and its competitors. For the Capital Markets industry, the median Gross Margin % is 48.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warsaw Stock Exchange's current Gross Margin % is 73.34%, which is near median its own 10-year median of 75.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warsaw Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Warsaw Stock Exchange (FRA:WSX) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.26, compared to a current price of €20.02 — trading 51% above its estimated fair value. The current Gross Margin % is 73.34%, which is near median its 10-year median of 75.45 and 51.8% above the Capital Markets industry median of 48.30. Warsaw Stock Exchange's overall GF Score™ is 89/100 with 8 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 Warsaw Stock Exchange (FRA:WSX), the current Gross Margin % is 73.34% 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 Warsaw Stock Exchange (FRA:WSX) Overvalued in 2026?
Based on GuruFocus' analysis, Warsaw Stock Exchange stock appears to be overvalued.
The current stock price of €20.02 is trading 51% above its estimated GF Value™ of €13.26.
GuruFocus considers Warsaw Stock Exchange to be Significantly Overvalued.
Key valuation signals for FRA:WSX:
Gross Margin %: 73.34% (near median its 10-year median of 75.45)
GF Value™: €13.26 vs. price of €20.02 (51% above fair value)
Industry Position: 51.8% above the Capital Markets median (#169 of 617)
No single metric tells the full story. See the FRA:WSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Warsaw Stock Exchange is a securities exchange based in Poland whose core activities include organizing exchange trading in financial instruments and activities related to such trading. The group also pursues activities in education, promotion, and information concerning the capital market. The company has traditionally generated listed interest from both local and regional European companies but primarily from small and medium-sized Polish companies. In addition to stock and bond offerings, the exchange also offers trading in debt instruments, derivatives, commodities, and structured products. Sales revenue is classified according to three main business segments: financial market, commodity market, and other.
89GF Score
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