Allwyn AGHAM:GF8 -1.12%70 Gross Margin % is 47.38% as of Mar. 2026, which is 21% below its 10-year median of 59.72. GuruFocus rates HAM:GF8 with a GF Score™ of 70/100 and a GF Value™ of €18.53 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 793 Travel & Leisure companies, Allwyn AG ranks better than 71.75% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Allwyn AG's Gross Profit for the
three
months ended in Mar. 2026 was €226 Mil. Allwyn AG's Revenue for the
three
months ended in Mar. 2026 was €477 Mil. Therefore, Allwyn AG's Gross Margin % for the quarter that ended in Mar. 2026 was 47.38%.
The historical rank and industry rank for Allwyn AG's Gross Margin % or its related term are showing as below:
HAM:GF8'
s Gross Margin % Range Over the Past 10 Years
Min: 48.02 Med: 59.72 Max: 84.73
Current: 60.64
During the past 13 years, the highestGross Margin % of Allwyn AG was 84.73%. The lowest was 48.02%. And the median was 59.72%.
HAM:GF8's Gross Margin % is ranked better than 71.75% of 793
companies
in the Travel & Leisure industry
Industry Median: 43.92
vs HAM:GF8: 60.64
Allwyn AG had a gross margin of 47.38% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Allwyn AG was -0.60% per year.
Allwyn AG (HAM:GF8) 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
Allwyn AG had a gross margin of 47.38% 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.
Allwyn AG Gross Margin % Related Terms
Allwyn AG Gross Margin % Historical Data
* Premium members only.
The historical data trend for Allwyn 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:GF8 vs FLUT, DKNG, LNWO: Gross Margin % Comparison
For the Gambling subindustry, Allwyn 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.
Allwyn AG Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Allwyn AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Allwyn 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.
Allwyn AG (HAM:GF8) has a Gross Margin % of 47.38% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Allwyn AG and its competitors. This is 21% below median its historical median of 59.72. Over the past decade, Allwyn AG's Gross Margin % has ranged from 48.02 to 84.73. According to the industry distribution chart, Allwyn AG ranks #224 out of 793 companies in the Travel & Leisure industry, placing it in the top 28.2%.
Is Allwyn AG's Gross Margin % too high?
Allwyn AG's current Gross Margin % of 47.38% is 21% below median its 10-year median of 59.72. Over the past 10 years, this metric has ranged from a low of 48.02 to a high of 84.73. The Travel & Leisure industry median Gross Margin % is 43.92. Allwyn AG's value of 47.38% is 7.9% above this industry median. Based on the distribution chart, Allwyn AG ranks #224 out of 793 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Allwyn AG has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Allwyn AG's Gross Margin % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Allwyn AG ranks #224 out of 793 companies for Gross Margin %. This puts Allwyn AG in the upper half of its industry. The industry median Gross Margin % is 43.92. Allwyn AG's value of 47.38% is 7.9% above this benchmark. Historically, Allwyn AG's own Gross Margin % has ranged from 48.02 to 84.73 over the past decade. While the company's 10-year median is 59.72 vs. the industry median of 43.92, Allwyn 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.92, based on 793 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. Allwyn AG's current Gross Margin % of 47.38% is 7.9% 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 Allwyn AG and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allwyn AG's current Gross Margin % is 47.38%, which is 21% below median its own 10-year median of 59.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allwyn AG stock overvalued right now?
Based on GuruFocus' analysis, Allwyn AG (HAM:GF8) is currently considered Possible Value Trap. The stock's GF Value™ is €18.53, compared to a current price of €13.20 — trading 28.8% below its estimated fair value. The current Gross Margin % is 47.38%, which is 21% below median its 10-year median of 59.72 and 7.9% above the Travel & Leisure industry median of 43.92. Allwyn AG's overall GF Score™ is 70/100 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 Allwyn AG (HAM:GF8), the current Gross Margin % is 47.38% 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 Allwyn AG (HAM:GF8) Overvalued in 2026?
Based on GuruFocus' analysis, Allwyn AG stock appears to be undervalued.
The current stock price of €13.20 is trading 28.8% below its estimated GF Value™ of €18.53.
GuruFocus considers Allwyn AG to be Possible Value Trap.
Key valuation signals for HAM:GF8:
Gross Margin %: 47.38% (21% below median its 10-year median of 59.72)
GF Value™: €18.53 vs. price of €13.20 (28.8% below fair value)
Industry Position: 7.9% above the Travel & Leisure median (#224 of 793)
No single metric tells the full story. See the HAM:GF8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Allwyn AG, formerly known as OPAP Holding SA, is a gambling company that operates lotteries and sports betting, including horse races. The company is the exclusive gambling provider in Greece. The firm is organized into segments based on the type of game: Lotteries, Betting, Online betting, Other online games, Instant and Passives, VLTs, Telecommunication and eMoney services. It generates the majority of its revenue from the Lotteries segment. The gaming services are provided either online or through physical retailers. The company generates the vast majority of its revenue in Greece.
70GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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