CEWE Stiftung KGaA (HAM:CWC) Gross Margin %: 78.28% (As of Mar. 2026) — Near Median


HAM:CWC CEWE Stiftung & Co KGaA HAM:CWC
76 GF Score
Price €91.10
GF Value €137.47
Valuation Significantly Undervalued
! 3 Warning Signs
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What is CEWE Stiftung KGaA Gross Margin %?

CEWE Stiftung KGaA HAM:CWC -1.73% 76 Gross Margin % is 78.28% as of Mar. 2026, which is 2% above its 10-year median of 76.99. GuruFocus rates HAM:CWC with a GF Score™ of 76/100 and a GF Value™ of €137.47 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 94 Personal Services companies, CEWE Stiftung KGaA ranks better than 89.36% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. CEWE Stiftung KGaA's Gross Profit for the three months ended in Mar. 2026 was €145.7 Mil. CEWE Stiftung KGaA's Revenue for the three months ended in Mar. 2026 was €186.1 Mil. Therefore, CEWE Stiftung KGaA's Gross Margin % for the quarter that ended in Mar. 2026 was 78.28%.


The historical rank and industry rank for CEWE Stiftung KGaA's Gross Margin % or its related term are showing as below:

HAM:CWC' s Gross Margin % Range Over the Past 10 Years
Min: 72.59   Med: 76.99   Max: 78.93
Current: 77.08


During the past 13 years, the highest Gross Margin % of CEWE Stiftung KGaA was 78.93%. The lowest was 72.59%. And the median was 76.99%.

HAM:CWC's Gross Margin % is ranked better than
89.36% of 94 companies
in the Personal Services industry
Industry Median: 41.795 vs HAM:CWC: 77.08

CEWE Stiftung KGaA had a gross margin of 78.28% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CEWE Stiftung KGaA was 0.40% per year.


CEWE Stiftung KGaA  (HAM:CWC) 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

CEWE Stiftung KGaA had a gross margin of 78.28% 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.


CEWE Stiftung KGaA Gross Margin % Related Terms


CEWE Stiftung KGaA Gross Margin % Historical Data

* Premium members only.

The historical data trend for CEWE Stiftung KGaA'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.

CEWE Stiftung KGaA Gross Margin % Chart

CEWE Stiftung KGaA 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 77.89 76.68 77.29 78.74 78.93

CEWE Stiftung KGaA 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 77.62 75.72 0.00 0.00 78.28

HAM:CWC vs ROL, SCI, HRB: Gross Margin % Comparison

For the Personal Services subindustry, CEWE Stiftung KGaA'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.


CEWE Stiftung KGaA Gross Margin % vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, CEWE Stiftung KGaA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CEWE Stiftung KGaA's Gross Margin % falls into.


HAM:CWC
76GF Score
CEWE Stiftung & Co KGaA HAM:CWC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CEWE Stiftung KGaA Gross Margin % Calculation

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

CEWE Stiftung KGaA'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 )
=710.4 / 900.066
=(Revenue - Cost of Goods Sold) / Revenue
=(900.066 - 189.623) / 900.066
=78.93 %

CEWE Stiftung KGaA'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 )
=145.7 / 186.149
=(Revenue - Cost of Goods Sold) / Revenue
=(186.149 - 40.437) / 186.149
=78.28 %

* 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 78.28% mean?
CEWE Stiftung KGaA (HAM:CWC) has a Gross Margin % of 78.28% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CEWE Stiftung KGaA and its competitors. This is near median its historical median of 76.99. Over the past decade, CEWE Stiftung KGaA's Gross Margin % has ranged from 72.59 to 78.93. According to the industry distribution chart, CEWE Stiftung KGaA ranks #10 out of 94 companies in the Personal Services industry, placing it in the top 10.6%.
Is CEWE Stiftung KGaA's Gross Margin % too high?
CEWE Stiftung KGaA's current Gross Margin % of 78.28% is near median its 10-year median of 76.99. Over the past 10 years, this metric has ranged from a low of 72.59 to a high of 78.93. The Personal Services industry median Gross Margin % is 41.80. CEWE Stiftung KGaA's value of 78.28% is 87.3% above this industry median. Based on the distribution chart, CEWE Stiftung KGaA ranks #10 out of 94 companies in the Personal Services industry, which is in the top quartile — a strong position relative to peers. Overall, CEWE Stiftung KGaA has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CEWE Stiftung KGaA's Gross Margin % compare to ROL and SCI?
According to the Personal Services industry distribution chart, CEWE Stiftung KGaA ranks #10 out of 94 companies for Gross Margin %. This places CEWE Stiftung KGaA in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 41.80. CEWE Stiftung KGaA's value of 78.28% is 87.3% above this benchmark. Historically, CEWE Stiftung KGaA's own Gross Margin % has ranged from 72.59 to 78.93 over the past decade. While the company's 10-year median is 76.99 vs. the industry median of 41.80, CEWE Stiftung KGaA 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 Personal Services company?
The median Gross Margin % among Personal Services companies is 41.80, based on 94 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. CEWE Stiftung KGaA's current Gross Margin % of 78.28% is 87.3% 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 CEWE Stiftung KGaA and its competitors. For the Personal Services industry, the median Gross Margin % is 41.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEWE Stiftung KGaA's current Gross Margin % is 78.28%, which is near median its own 10-year median of 76.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEWE Stiftung KGaA stock overvalued right now?
Based on GuruFocus' analysis, CEWE Stiftung KGaA (HAM:CWC) is currently considered Significantly Undervalued. The stock's GF Value™ is €137.47, compared to a current price of €91.10 — trading 33.7% below its estimated fair value. The current Gross Margin % is 78.28%, which is near median its 10-year median of 76.99 and 87.3% above the Personal Services industry median of 41.80. CEWE Stiftung KGaA's overall GF Score™ is 76/100 with 3 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 CEWE Stiftung KGaA (HAM:CWC), the current Gross Margin % is 78.28% 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 CEWE Stiftung KGaA (HAM:CWC) Overvalued in 2026?

Based on GuruFocus' analysis, CEWE Stiftung KGaA stock appears to be undervalued. The current stock price of €91.10 is trading 33.7% below its estimated GF Value™ of €137.47. GuruFocus considers CEWE Stiftung KGaA to be Significantly Undervalued.

Key valuation signals for HAM:CWC:

  • Gross Margin %: 78.28% (near median its 10-year median of 76.99)
  • GF Value™: €137.47 vs. price of €91.10 (33.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 87.3% above the Personal Services median (#10 of 94)

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


CEWE Stiftung KGaA Business Description

Other Exchanges CWCd:UK0N8F:UKCWC:Germany
Address Meerweg 30 - 32, Oldenburg, NI, DEU, 26133
CEWE Stiftung & Co KGaA is a German-based company which provides photo service, photo retail business, and commercial online printing. The company operates a business through three segments through photofinishing, retail, and commercial online printing. Its Photofinishing segment works on the printing of photos of analogue or digital origin. Retail unit trades photo hardware and photo products to end consumers using various brands such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates through online printing portals, such as www.cewe-print.de and others. The company derives it's majority of the revenue from photofinishing activity in Germany.
76GF Score

Get the complete analysis for HAM:CWC

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

€91.10
Price
€137.47
GF Value