Cenit AGHAM:CSH -0.47%77 Gross Margin % is 16.59% as of Mar. 2026, which is 20% below its 10-year median of 20.78. GuruFocus rates HAM:CSH with a GF Score™ of 77/100 and a GF Value™ of €9.31 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,683 Software companies, Cenit AG ranks worse than 70.89% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Cenit AG's Gross Profit for the
three
months ended in Mar. 2026 was €8.7 Mil. Cenit AG's Revenue for the
three
months ended in Mar. 2026 was €52.5 Mil. Therefore, Cenit AG's Gross Margin % for the quarter that ended in Mar. 2026 was 16.59%.
The historical rank and industry rank for Cenit AG's Gross Margin % or its related term are showing as below:
HAM:CSH'
s Gross Margin % Range Over the Past 10 Years
Min: 11.99 Med: 20.78 Max: 25.12
Current: 25.12
During the past 13 years, the highestGross Margin % of Cenit AG was 25.12%. The lowest was 11.99%. And the median was 20.78%.
HAM:CSH's Gross Margin % is ranked worse than 70.89% of 2683
companies
in the Software industry
Industry Median: 40.45
vs HAM:CSH: 25.12
Cenit AG had a gross margin of 16.59% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Cenit AG was 11.00% per year.
Cenit AG (HAM:CSH) 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
Cenit AG had a gross margin of 16.59% for the quarter that ended in Mar. 2026 => No sustainable 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.
Cenit AG Gross Margin % Related Terms
Cenit AG Gross Margin % Historical Data
* Premium members only.
The historical data trend for Cenit 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:CSH vs CRM, SHOP, UBER: Gross Margin % Comparison
For the Software - Application subindustry, Cenit 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.
Cenit AG Gross Margin % vs Software Industry
For the Software industry and Technology sector, Cenit AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Cenit 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.
Cenit AG (HAM:CSH) has a Gross Margin % of 16.59% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Cenit AG and its competitors. This is 20% below median its historical median of 20.78. Over the past decade, Cenit AG's Gross Margin % has ranged from 11.99 to 25.12. According to the industry distribution chart, Cenit AG ranks #1902 out of 2683 companies in the Software industry, placing it in the top 70.9%.
Is Cenit AG's Gross Margin % too high?
Cenit AG's current Gross Margin % of 16.59% is 20% below median its 10-year median of 20.78. Over the past 10 years, this metric has ranged from a low of 11.99 to a high of 25.12. The Software industry median Gross Margin % is 40.45. Cenit AG's value of 16.59% is 59% below this industry median. Based on the distribution chart, Cenit AG ranks #1902 out of 2683 companies in the Software industry, which is below the industry midpoint. Overall, Cenit AG has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cenit AG's Gross Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Cenit AG ranks #1902 out of 2683 companies for Gross Margin %. This places Cenit AG in the lower half of its industry. The industry median Gross Margin % is 40.45. Cenit AG's value of 16.59% is 59% below this benchmark. Historically, Cenit AG's own Gross Margin % has ranged from 11.99 to 25.12 over the past decade. While the company's 10-year median is 20.78 vs. the industry median of 40.45, Cenit 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. Cenit AG's current Gross Margin % of 16.59% is 59% 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 Cenit 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. Cenit AG's current Gross Margin % is 16.59%, which is 20% below median its own 10-year median of 20.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenit AG stock overvalued right now?
Based on GuruFocus' analysis, Cenit AG (HAM:CSH) is currently considered Fairly Valued. The stock's GF Value™ is €9.31, compared to a current price of €8.54 — trading 8.3% below its estimated fair value. The current Gross Margin % is 16.59%, which is 20% below median its 10-year median of 20.78 and 59% below the Software industry median of 40.45. Cenit AG'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 Cenit AG (HAM:CSH), the current Gross Margin % is 16.59% 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 Cenit AG (HAM:CSH) Overvalued in 2026?
Based on GuruFocus' analysis, Cenit AG stock appears to be undervalued.
The current stock price of €8.54 is trading 8.3% below its estimated GF Value™ of €9.31.
GuruFocus considers Cenit AG to be Fairly Valued.
Key valuation signals for HAM:CSH:
Gross Margin %: 16.59% (20% below median its 10-year median of 20.78)
GF Value™: €9.31 vs. price of €8.54 (8.3% below fair value)
Industry Position: 59% below the Software median (#1902 of 2683)
No single metric tells the full story. See the HAM:CSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cenit AG specializes in the sale and integration of software and IT services. The Group has two reportable segments: EIM (Enterprise Information Management) and PLM (Product Lifecycle Management). The majority of its revenue is generated from the PLM segment, which focuses on industrial customers and the corresponding technologies, providing products and services in product lifecycle management, such as CATIA from Dassault Systemes or SAP, and internally developed software such as cenitCONNECT and FASTSUITE. The EIM segment serves businesses, banks, insurers, and utilities by providing IBM-based and in-house software solutions and consulting for document management and business intelligence. Geographically, it derives key revenue from Germany, followed by France, North America, and others.
77GF Score
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