HORNBACH Baumarkt AGHAM:HBM -3.05%68 Gross Margin % is 35.51% as of Feb. 2026, which is 1% below its 10-year median of 35.83. GuruFocus rates HAM:HBM with a GF Score™ of 68/100 and a GF Value™ of €58.61 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,113 Retail - Cyclical companies, HORNBACH Baumarkt AG ranks worse than 51.48% on this metric.
The historical rank and industry rank for HORNBACH Baumarkt AG's Gross Margin % or its related term are showing as below:
HAM:HBM'
s Gross Margin % Range Over the Past 10 Years
Min: 33.98 Med: 35.83 Max: 37.27
Current: 35.51
During the past 13 years, the highestGross Margin % of HORNBACH Baumarkt AG was 37.27%. The lowest was 33.98%. And the median was 35.83%.
HAM:HBM's Gross Margin % is ranked worse than 51.48% of 1113
companies
in the Retail - Cyclical industry
Industry Median: 36.37
vs HAM:HBM: 35.51
HORNBACH Baumarkt AG had a gross margin of 35.51% for the quarter that ended in Feb. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for HORNBACH Baumarkt AG was -0.20% per year.
HORNBACH Baumarkt AG (HAM:HBM) 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
HORNBACH Baumarkt AG had a gross margin of 35.51% for the quarter that ended in Feb. 2026 => 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.
HORNBACH Baumarkt AG Gross Margin % Related Terms
HORNBACH Baumarkt AG Gross Margin % Historical Data
* Premium members only.
The historical data trend for HORNBACH Baumarkt 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:HBM vs HD, LOW, FND: Gross Margin % Comparison
For the Home Improvement Retail subindustry, HORNBACH Baumarkt 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.
HORNBACH Baumarkt AG Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, HORNBACH Baumarkt AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where HORNBACH Baumarkt 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.
HORNBACH Baumarkt AG (HAM:HBM) has a Gross Margin % of 35.51% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on HORNBACH Baumarkt AG and its competitors. This is near median its historical median of 35.83. Over the past decade, HORNBACH Baumarkt AG's Gross Margin % has ranged from 33.98 to 37.27. According to the industry distribution chart, HORNBACH Baumarkt AG ranks #573 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 51.5%.
Is HORNBACH Baumarkt AG's Gross Margin % too high?
HORNBACH Baumarkt AG's current Gross Margin % of 35.51% is near median its 10-year median of 35.83. Over the past 10 years, this metric has ranged from a low of 33.98 to a high of 37.27. The Retail - Cyclical industry median Gross Margin % is 36.37. HORNBACH Baumarkt AG's value of 35.51% is 2.4% below this industry median. Based on the distribution chart, HORNBACH Baumarkt AG ranks #573 out of 1113 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, HORNBACH Baumarkt AG has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HORNBACH Baumarkt AG's Gross Margin % compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, HORNBACH Baumarkt AG ranks #573 out of 1113 companies for Gross Margin %. This places HORNBACH Baumarkt AG in the lower half of its industry. The industry median Gross Margin % is 36.37. HORNBACH Baumarkt AG's value of 35.51% is 2.4% below this benchmark. Historically, HORNBACH Baumarkt AG's own Gross Margin % has ranged from 33.98 to 37.27 over the past decade. While the company's 10-year median is 35.83 vs. the industry median of 36.37, HORNBACH Baumarkt 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.37, based on 1,113 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. HORNBACH Baumarkt AG's current Gross Margin % of 35.51% is 2.4% 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 HORNBACH Baumarkt AG and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HORNBACH Baumarkt AG's current Gross Margin % is 35.51%, which is near median its own 10-year median of 35.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HORNBACH Baumarkt AG stock overvalued right now?
Based on GuruFocus' analysis, HORNBACH Baumarkt AG (HAM:HBM) is currently considered Fairly Valued. The stock's GF Value™ is €58.61, compared to a current price of €63.50 — trading 8.3% above its estimated fair value. The current Gross Margin % is 35.51%, which is near median its 10-year median of 35.83 and 2.4% below the Retail - Cyclical industry median of 36.37. HORNBACH Baumarkt AG's overall GF Score™ is 68/100 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 HORNBACH Baumarkt AG (HAM:HBM), the current Gross Margin % is 35.51% as of Feb. 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 HORNBACH Baumarkt AG (HAM:HBM) Overvalued in 2026?
Based on GuruFocus' analysis, HORNBACH Baumarkt AG stock appears to be overvalued.
The current stock price of €63.50 is trading 8.3% above its estimated GF Value™ of €58.61.
GuruFocus considers HORNBACH Baumarkt AG to be Fairly Valued.
Key valuation signals for HAM:HBM:
Gross Margin %: 35.51% (near median its 10-year median of 35.83)
GF Value™: €58.61 vs. price of €63.50 (8.3% above fair value)
Industry Position: 2.4% below the Retail - Cyclical median (#573 of 1113)
No single metric tells the full story. See the HAM:HBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HORNBACH Baumarkt AG is a German company that operates megastores and offers do-it-yourself (DIY), home improvement, and gardening products. The company also operates in other European countries, including Austria, the Netherlands, the Czech Republic, Switzerland, and Romania. The company conducts its activities through its Retail and Real estate segments. The Retail segment operates DIY megastores and garden centers, while the Real estate segment focuses on retail properties. The stores' product range includes hardware/electrical, paint/wallpaper/flooring, construction materials, sanitary tiles, and garden products. The majority of the company's sales are derived from its retail segment.
68GF Score
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