Azelis Group NV (HAM:2R7) Gross Margin %: 23.11% (As of Dec. 2025) — Near Median


HAM:2R7 Azelis Group NV HAM:2R7
52 GF Score
Price €9.69
GF Value €18.35
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Azelis Group NV Gross Margin %?

Azelis Group NV HAM:2R7 -1.27% 52 Gross Margin % is 23.11% as of Dec. 2025, which is 1% below its 10-year median of 23.29. GuruFocus rates HAM:2R7 with a GF Score™ of 52/100 and a GF Value™ of €18.35 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,564 Chemicals companies, Azelis Group NV ranks better than 50.06% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Azelis Group NV's Gross Profit for the six months ended in Dec. 2025 was €453 Mil. Azelis Group NV's Revenue for the six months ended in Dec. 2025 was €1,962 Mil. Therefore, Azelis Group NV's Gross Margin % for the quarter that ended in Dec. 2025 was 23.11%.


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

HAM:2R7' s Gross Margin % Range Over the Past 10 Years
Min: 20.73   Med: 23.29   Max: 24.33
Current: 23.44


During the past 8 years, the highest Gross Margin % of Azelis Group NV was 24.33%. The lowest was 20.73%. And the median was 23.29%.

HAM:2R7's Gross Margin % is ranked better than
50.06% of 1564 companies
in the Chemicals industry
Industry Median: 23.375 vs HAM:2R7: 23.44

Azelis Group NV had a gross margin of 23.11% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Azelis Group NV was 1.70% per year.


Azelis Group NV  (HAM:2R7) 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

Azelis Group NV had a gross margin of 23.11% for the quarter that ended in Dec. 2025 => Competition eroding margins


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.


Azelis Group NV Gross Margin % Related Terms


Azelis Group NV Gross Margin % Historical Data

* Premium members only.

The historical data trend for Azelis Group NV'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.

Azelis Group NV Gross Margin % Chart

Azelis Group NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 22.93 23.29 23.57 24.33 23.44

Azelis Group NV Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 23.10 24.39 24.26 23.73 23.11

HAM:2R7 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Azelis Group NV'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.


Azelis Group NV Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Azelis Group NV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Azelis Group NV's Gross Margin % falls into.


HAM:2R7
52GF Score
Azelis Group NV HAM:2R7
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Azelis Group NV Gross Margin % Calculation

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

Azelis Group NV'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 )
=968.5 / 4132.48
=(Revenue - Cost of Goods Sold) / Revenue
=(4132.48 - 3164.028) / 4132.48
=23.44 %

Azelis Group NV's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=453.4 / 1961.542
=(Revenue - Cost of Goods Sold) / Revenue
=(1961.542 - 1508.177) / 1961.542
=23.11 %

* 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 23.11% mean?
Azelis Group NV (HAM:2R7) has a Gross Margin % of 23.11% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Azelis Group NV and its competitors. This is near median its historical median of 23.29. Over the past decade, Azelis Group NV's Gross Margin % has ranged from 20.73 to 24.33. According to the industry distribution chart, Azelis Group NV ranks #781 out of 1564 companies in the Chemicals industry, placing it in the top 49.9%.
Is Azelis Group NV's Gross Margin % too high?
Azelis Group NV's current Gross Margin % of 23.11% is near median its 10-year median of 23.29. Over the past 10 years, this metric has ranged from a low of 20.73 to a high of 24.33. The Chemicals industry median Gross Margin % is 23.38. Azelis Group NV's value of 23.11% is 1.1% below this industry median. Based on the distribution chart, Azelis Group NV ranks #781 out of 1564 companies in the Chemicals industry, which is above the industry midpoint. Overall, Azelis Group NV has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Azelis Group NV's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Azelis Group NV ranks #781 out of 1564 companies for Gross Margin %. This puts Azelis Group NV in the upper half of its industry. The industry median Gross Margin % is 23.38. Azelis Group NV's value of 23.11% is 1.1% below this benchmark. Historically, Azelis Group NV's own Gross Margin % has ranged from 20.73 to 24.33 over the past decade. While the company's 10-year median is 23.29 vs. the industry median of 23.38, Azelis Group NV 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.38, based on 1,564 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. Azelis Group NV's current Gross Margin % of 23.11% is 1.1% 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 Azelis Group NV and its competitors. For the Chemicals industry, the median Gross Margin % is 23.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azelis Group NV's current Gross Margin % is 23.11%, which is near median its own 10-year median of 23.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azelis Group NV stock overvalued right now?
Based on GuruFocus' analysis, Azelis Group NV (HAM:2R7) is currently considered Significantly Undervalued. The stock's GF Value™ is €18.35, compared to a current price of €9.69 — trading 47.2% below its estimated fair value. The current Gross Margin % is 23.11%, which is near median its 10-year median of 23.29 and 1.1% below the Chemicals industry median of 23.38. Azelis Group NV's overall GF Score™ is 52/100 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 Azelis Group NV (HAM:2R7), the current Gross Margin % is 23.11% 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 Azelis Group NV (HAM:2R7) Overvalued in 2026?

Based on GuruFocus' analysis, Azelis Group NV stock appears to be undervalued. The current stock price of €9.69 is trading 47.2% below its estimated GF Value™ of €18.35. GuruFocus considers Azelis Group NV to be Significantly Undervalued.

Key valuation signals for HAM:2R7:

  • Gross Margin %: 23.11% (near median its 10-year median of 23.29)
  • GF Value™: €18.35 vs. price of €9.69 (47.2% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 1.1% below the Chemicals median (#781 of 1564)

No single metric tells the full story. See the HAM:2R7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azelis Group NV Business Description

Address Posthofbrug 12, Box 6, Berchem, Antwerp, BEL, 2600
Azelis Group NV is an innovation service provider and distributor of speciality chemicals and food ingredients. The Group provides innovation services, multi-product formulations, technical and regulatory expertise, co-creation support, digital solutions, and supply chain services. It serves Food & Nutrition, Animal Nutrition, Personal Care, Home Care & Industrial Cleaning, Pharmaceuticals & Healthcare, Agriculture & Environmental Solutions, Flavours & Fragrances, and Nutraceuticals. The Group operates through four segments: EMEA, Americas, Asia Pacific, and Group holding & other, covering operating companies across Europe, the Middle East and Africa, the United States, Canada, Mexico and South America, Asia, and the Pacific region.
52GF Score

Get the complete analysis for HAM:2R7

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

€9.69
Price
€18.35
GF Value