Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Deutsche Balaton AGHAM:BBHK +0.66%30 Gross Margin % is 41.05% as of Dec. 2025, which is 7% above its 10-year median of 38.27. GuruFocus rates HAM:BBHK with a GF Score™ of 30/100 and a GF Value™ of €1,872.72 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,673 Software companies, Deutsche Balaton AG ranks better than 51.29% on this metric.
Deutsche Balaton AG (HAM:BBHK) 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
Deutsche Balaton AG had a gross margin of 41.05% for the quarter that ended in Dec. 2025 => 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.
Deutsche Balaton AG Gross Margin % Related Terms
Deutsche Balaton AG Gross Margin % Historical Data
* Premium members only.
The historical data trend for Deutsche Balaton AG'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.
HAM:BBHK vs IBM, ACN, CTSH: Gross Margin % Comparison
For the Information Technology Services subindustry, Deutsche Balaton AG'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.
Deutsche Balaton AG Gross Margin % vs Software Industry
For the Software industry and Technology sector, Deutsche Balaton AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Deutsche Balaton AG'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.
Deutsche Balaton AG (HAM:BBHK) has a Gross Margin % of 41.05% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Deutsche Balaton AG and its competitors. This is near median its historical median of 38.27. Over the past decade, Deutsche Balaton AG's Gross Margin % has ranged from 27.95 to 41.05. According to the industry distribution chart, Deutsche Balaton AG ranks #1302 out of 2673 companies in the Software industry, placing it in the top 48.7%.
Is Deutsche Balaton AG's Gross Margin % too high?
Deutsche Balaton AG's current Gross Margin % of 41.05% is near median its 10-year median of 38.27. Over the past 10 years, this metric has ranged from a low of 27.95 to a high of 41.05. The Software industry median Gross Margin % is 40.15. Deutsche Balaton AG's value of 41.05% is 2.2% above this industry median. Based on the distribution chart, Deutsche Balaton AG ranks #1302 out of 2673 companies in the Software industry, which is above the industry midpoint. Overall, Deutsche Balaton AG has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Balaton AG's Gross Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Deutsche Balaton AG ranks #1302 out of 2673 companies for Gross Margin %. This puts Deutsche Balaton AG in the upper half of its industry. The industry median Gross Margin % is 40.15. Deutsche Balaton AG's value of 41.05% is 2.2% above this benchmark. Historically, Deutsche Balaton AG's own Gross Margin % has ranged from 27.95 to 41.05 over the past decade. While the company's 10-year median is 38.27 vs. the industry median of 40.15, Deutsche Balaton AG 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 Software company?
The median Gross Margin % among Software companies is 40.15, based on 2,673 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. Deutsche Balaton AG's current Gross Margin % of 41.05% is 2.2% 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 Deutsche Balaton AG and its competitors. For the Software industry, the median Gross Margin % is 40.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Balaton AG's current Gross Margin % is 41.05%, which is near median its own 10-year median of 38.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Balaton AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Balaton AG (HAM:BBHK) is currently considered Significantly Overvalued. The stock's GF Value™ is €1,872.72, compared to a current price of €3,060.00 — trading 63.4% above its estimated fair value. The current Gross Margin % is 41.05%, which is near median its 10-year median of 38.27 and 2.2% above the Software industry median of 40.15. Deutsche Balaton AG's overall GF Score™ is 30/100 with 6 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 Deutsche Balaton AG (HAM:BBHK), the current Gross Margin % is 41.05% 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 Deutsche Balaton AG (HAM:BBHK) Overvalued in 2026?
Based on GuruFocus' analysis, Deutsche Balaton AG stock appears to be overvalued.
The current stock price of €3,060.00 is trading 63.4% above its estimated GF Value™ of €1,872.72.
GuruFocus considers Deutsche Balaton AG to be Significantly Overvalued.
Key valuation signals for HAM:BBHK:
Gross Margin %: 41.05% (near median its 10-year median of 38.27)
GF Value™: €1,872.72 vs. price of €3,060.00 (63.4% above fair value)
Industry Position: 2.2% above the Software median (#1302 of 2673)
No single metric tells the full story. See the HAM:BBHK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deutsche Balaton AG is an investment company. The company's activities were divided into the segments Asset Management and Beta Systems. The Asset management segment focus of the investment activities of the Deutsche Balaton Group in the reporting period is on listed and unlisted company investments with a predominantly medium to long-term investment horizon, and The Beta Systems segment has been developing high-quality software products and solutions for the secure and efficient processing of large amounts of data, which support companies with complex IT structures in automating, securing and traceable their IT-supported business processes, and the company generated majority of its revenue from the Beta Systems segment.
30GF Score
Get the complete analysis for HAM:BBHK
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:BBHK has been successfully added to your 
