Chapters Group AGHAM:CHG +7.53%58 Gross Margin % is 39.94% as of Dec. 2025, which is 6% below its 10-year median of 42.29. GuruFocus rates HAM:CHG with a GF Score™ of 58/100 and a GF Value™ of €48.04 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,683 Software companies, Chapters Group AG ranks worse than 51.55% on this metric.
The historical rank and industry rank for Chapters Group AG's Gross Margin % or its related term are showing as below:
HAM:CHG'
s Gross Margin % Range Over the Past 10 Years
Min: -439.18 Med: 42.29 Max: 47.82
Current: 39.26
During the past 13 years, the highestGross Margin % of Chapters Group AG was 47.82%. The lowest was -439.18%. And the median was 42.29%.
HAM:CHG's Gross Margin % is ranked worse than 51.55% of 2683
companies
in the Software industry
Industry Median: 40.45
vs HAM:CHG: 39.26
Chapters Group AG had a gross margin of 39.94% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Chapters Group AG was 0.40% per year.
Chapters Group AG (HAM:CHG) 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
Chapters Group AG had a gross margin of 39.94% 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.
Chapters Group AG Gross Margin % Related Terms
Chapters Group AG Gross Margin % Historical Data
* Premium members only.
The historical data trend for Chapters Group 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:CHG vs IBM, ACN, FISV: Gross Margin % Comparison
For the Information Technology Services subindustry, Chapters Group 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.
Chapters Group AG Gross Margin % vs Software Industry
For the Software industry and Technology sector, Chapters Group AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Chapters Group 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.
Chapters Group AG (HAM:CHG) has a Gross Margin % of 39.94% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Chapters Group AG and its competitors. This is near median its historical median of 42.29. According to the industry distribution chart, Chapters Group AG ranks #1383 out of 2683 companies in the Software industry, placing it in the top 51.5%.
Is Chapters Group AG's Gross Margin % too high?
Chapters Group AG's current Gross Margin % of 39.94% is near median its 10-year median of 42.29. The Software industry median Gross Margin % is 40.45. Chapters Group AG's value of 39.94% is 1.3% below this industry median. Based on the distribution chart, Chapters Group AG ranks #1383 out of 2683 companies in the Software industry, which is below the industry midpoint. Overall, Chapters Group AG has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chapters Group AG's Gross Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Chapters Group AG ranks #1383 out of 2683 companies for Gross Margin %. This places Chapters Group AG in the lower half of its industry. The industry median Gross Margin % is 40.45. Chapters Group AG's value of 39.94% is 1.3% below this benchmark. While the company's 10-year median is 42.29 vs. the industry median of 40.45, Chapters Group AG 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 Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,683 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. Chapters Group AG's current Gross Margin % of 39.94% is 1.3% 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 Chapters Group AG and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chapters Group AG's current Gross Margin % is 39.94%, which is near median its own 10-year median of 42.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chapters Group AG stock overvalued right now?
Based on GuruFocus' analysis, Chapters Group AG (HAM:CHG) is currently considered Possible Value Trap. The stock's GF Value™ is €48.04, compared to a current price of €33.55 — trading 30.2% below its estimated fair value. The current Gross Margin % is 39.94%, which is near median its 10-year median of 42.29 and 1.3% below the Software industry median of 40.45. Chapters Group AG's overall GF Score™ is 58/100 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 Chapters Group AG (HAM:CHG), the current Gross Margin % is 39.94% 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 Chapters Group AG (HAM:CHG) Overvalued in 2026?
Based on GuruFocus' analysis, Chapters Group AG stock appears to be undervalued.
The current stock price of €33.55 is trading 30.2% below its estimated GF Value™ of €48.04.
GuruFocus considers Chapters Group AG to be Possible Value Trap.
Key valuation signals for HAM:CHG:
Gross Margin %: 39.94% (near median its 10-year median of 42.29)
GF Value™: €48.04 vs. price of €33.55 (30.2% below fair value)
Industry Position: 1.3% below the Software median (#1383 of 2683)
No single metric tells the full story. See the HAM:CHG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chapters Group AG is a holding company that invests in attractive small- and mid-sized enterprises and pursues a long-term entrepreneurial investment approach. The Group is focused on providing mission-critical digital solutions through a portfolio of operating companies and operates through three segments: Public Sector, Enterprise, and Financial Technologies. The Public Sector segment, which generates the maximum revenue, provides software solutions for municipalities, public administration, social services, education, transportation, utilities, cybersecurity, homeland security, telecommunications, and non-profit institutions.
58GF Score
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