Leroy Seafood Group ASA (FRA:Z1L) Gross Margin %: 46.71% (As of Mar. 2026) — Near Median

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FRA:Z1L Leroy Seafood Group ASA FRA:Z1L
77 GF Score
Price €3.77
GF Value €4.64
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Leroy Seafood Group ASA Gross Margin %?

Leroy Seafood Group ASA FRA:Z1L -0.58% 77 Gross Margin % is 46.71% as of Mar. 2026, which is 3% above its 10-year median of 45.23. GuruFocus rates FRA:Z1L with a GF Score™ of 77/100 and a GF Value™ of €4.64 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,910 Consumer Packaged Goods companies, Leroy Seafood Group ASA ranks better than 78.8% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Leroy Seafood Group ASA's Gross Profit for the three months ended in Mar. 2026 was €338 Mil. Leroy Seafood Group ASA's Revenue for the three months ended in Mar. 2026 was €724 Mil. Therefore, Leroy Seafood Group ASA's Gross Margin % for the quarter that ended in Mar. 2026 was 46.71%.

Warning Sign:

Leroy Seafood Group ASA gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


The historical rank and industry rank for Leroy Seafood Group ASA's Gross Margin % or its related term are showing as below:

FRA:Z1L' s Gross Margin % Range Over the Past 10 Years
Min: 38.95   Med: 45.23   Max: 51.49
Current: 43.3


During the past 13 years, the highest Gross Margin % of Leroy Seafood Group ASA was 51.49%. The lowest was 38.95%. And the median was 45.23%.

FRA:Z1L's Gross Margin % is ranked better than
78.8% of 1910 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs FRA:Z1L: 43.30

Leroy Seafood Group ASA had a gross margin of 46.71% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Leroy Seafood Group ASA was -1.20% per year.


Leroy Seafood Group ASA  (FRA:Z1L) 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

Leroy Seafood Group ASA had a gross margin of 46.71% 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.


Leroy Seafood Group ASA Gross Margin % Related Terms


Leroy Seafood Group ASA Gross Margin % Historical Data

* Premium members only.

The historical data trend for Leroy Seafood Group ASA'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.

Leroy Seafood Group ASA Gross Margin % Chart

Leroy Seafood Group ASA 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 49.48 50.00 43.91 46.55 39.39

Leroy Seafood Group ASA 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 50.11 34.11 45.03 47.66 46.71

FRA:Z1L vs KHC, GIS, HRL: Gross Margin % Comparison

For the Packaged Foods subindustry, Leroy Seafood Group ASA'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.


Leroy Seafood Group ASA Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Leroy Seafood Group ASA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Leroy Seafood Group ASA's Gross Margin % falls into.


FRA:Z1L
77GF Score
Leroy Seafood Group ASA FRA:Z1L
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Leroy Seafood Group ASA Gross Margin % Calculation

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

Leroy Seafood Group ASA'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 )
=1143.8 / 2903.482
=(Revenue - Cost of Goods Sold) / Revenue
=(2903.482 - 1759.665) / 2903.482
=39.39 %

Leroy Seafood Group ASA'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 )
=338.2 / 723.93
=(Revenue - Cost of Goods Sold) / Revenue
=(723.93 - 385.767) / 723.93
=46.71 %

* 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 46.71% mean?
Leroy Seafood Group ASA (FRA:Z1L) has a Gross Margin % of 46.71% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Leroy Seafood Group ASA and its competitors. This is near median its historical median of 45.23. Over the past decade, Leroy Seafood Group ASA's Gross Margin % has ranged from 38.95 to 51.49. According to the industry distribution chart, Leroy Seafood Group ASA ranks #405 out of 1910 companies in the Consumer Packaged Goods industry, placing it in the top 21.2%.
Is Leroy Seafood Group ASA's Gross Margin % too high?
Leroy Seafood Group ASA's current Gross Margin % of 46.71% is near median its 10-year median of 45.23. Over the past 10 years, this metric has ranged from a low of 38.95 to a high of 51.49. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Leroy Seafood Group ASA's value of 46.71% is 77.1% above this industry median. Based on the distribution chart, Leroy Seafood Group ASA ranks #405 out of 1910 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Leroy Seafood Group ASA has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leroy Seafood Group ASA's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Leroy Seafood Group ASA ranks #405 out of 1910 companies for Gross Margin %. This places Leroy Seafood Group ASA in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.37. Leroy Seafood Group ASA's value of 46.71% is 77.1% above this benchmark. Historically, Leroy Seafood Group ASA's own Gross Margin % has ranged from 38.95 to 51.49 over the past decade. While the company's 10-year median is 45.23 vs. the industry median of 26.37, Leroy Seafood Group ASA 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,910 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. Leroy Seafood Group ASA's current Gross Margin % of 46.71% is 77.1% 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 Leroy Seafood Group ASA and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leroy Seafood Group ASA's current Gross Margin % is 46.71%, which is near median its own 10-year median of 45.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leroy Seafood Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Leroy Seafood Group ASA (FRA:Z1L) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.64, compared to a current price of €3.77 — trading 18.8% below its estimated fair value. The current Gross Margin % is 46.71%, which is near median its 10-year median of 45.23 and 77.1% above the Consumer Packaged Goods industry median of 26.37. Leroy Seafood Group ASA's overall GF Score™ is 77/100 with 7 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 Leroy Seafood Group ASA (FRA:Z1L), the current Gross Margin % is 46.71% 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 Leroy Seafood Group ASA (FRA:Z1L) Overvalued in 2026?

Based on GuruFocus' analysis, Leroy Seafood Group ASA stock appears to be undervalued. The current stock price of €3.77 is trading 18.8% below its estimated GF Value™ of €4.64. GuruFocus considers Leroy Seafood Group ASA to be Modestly Undervalued.

Key valuation signals for FRA:Z1L:

  • Gross Margin %: 46.71% (near median its 10-year median of 45.23)
  • GF Value™: €4.64 vs. price of €3.77 (18.8% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 77.1% above the Consumer Packaged Goods median (#405 of 1910)

No single metric tells the full story. See the FRA:Z1L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leroy Seafood Group ASA Business Description

Address Thormohlens gate 51 B, P.O.Box 7600, Bergen, NOR, N- 5006
Leroy Seafood Group ASA is a seafood producer, originally from Norway. The company's core activities are distribution, sale, and marketing of seafood, processed seafood, salmon, fjord trout, cod, saithe, mackerel, herring, sushi, shellfish, and other species. Leroy Seafood Group serves hotels, restaurants, and retail segments with fresh, frozen, smoked, and marinated seafood products. Its main brands are Aurora Salmon, Artic Supreme, Fossen Fjord Fish, Leroj Fjord Trout, Leroy Sushi, and Leroy King Crab.
77GF Score

Get the complete analysis for FRA:Z1L

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

€3.77
Price
€4.64
GF Value