HAM:MA6's Gross Margin % is ranked worse than 57.86% of 1113
companies
in the Retail - Cyclical industry
Industry Median: 36.26
vs HAM:MA6: 32.14
Marks & Spencer Group had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Marks & Spencer Group was 0.00% per year.
Marks & Spencer Group (HAM:MA6) 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
Marks & Spencer Group had a gross margin of N/A% 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.
Marks & Spencer Group Gross Margin % Related Terms
Marks & Spencer Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Marks & Spencer Group'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.
For the Department Stores subindustry, Marks & Spencer Group'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.
Marks & Spencer Group Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Marks & Spencer Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Marks & Spencer Group'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.
Marks & Spencer Group (HAM:MA6) has a Gross Margin % of 0.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Marks & Spencer Group and its competitors. Over the past decade, Marks & Spencer Group's Gross Margin % has ranged from 31.80 to 38.48. According to the industry distribution chart, Marks & Spencer Group ranks #644 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 57.9%.
Is Marks & Spencer Group's Gross Margin % too high?
Marks & Spencer Group's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 31.80 to a high of 38.48. Based on the distribution chart, Marks & Spencer Group ranks #644 out of 1113 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Marks & Spencer Group has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Marks & Spencer Group's Gross Margin % compare to DDS?
According to the Retail - Cyclical industry distribution chart, Marks & Spencer Group ranks #644 out of 1113 companies for Gross Margin %. This places Marks & Spencer Group in the lower half of its industry. The industry median Gross Margin % is 36.26. Historically, Marks & Spencer Group's own Gross Margin % has ranged from 31.80 to 38.48 over the past decade. 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 36.26, 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. 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 Marks & Spencer Group and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marks & Spencer Group's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marks & Spencer Group stock overvalued right now?
Marks & Spencer Group (HAM:MA6) has a current Gross Margin % of 0.00%. The stock's GF Value™ is €4.77, compared to a current price of €4.36 — trading 8.6% below its estimated fair value. The current Gross Margin % is 0.00%. Marks & Spencer Group's overall GF Score™ is 84/100 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 Marks & Spencer Group (HAM:MA6), the current Gross Margin % is 0.00% 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 Marks & Spencer Group (HAM:MA6) Overvalued in 2026?
Based on GuruFocus' analysis, Marks & Spencer Group stock appears to be undervalued.
The current stock price of €4.36 is trading 8.6% below its estimated GF Value™ of €4.77.
Key valuation signals for HAM:MA6:
Gross Margin %: 0.00%
GF Value™: €4.77 vs. price of €4.36 (8.6% below fair value)
No single metric tells the full story. See the HAM:MA6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marks & Spencer is a British multichannel retailer with stores across Europe, Asia, and the Middle East. The majority of revenue stems from the firm's UK operations, selling its own-brand food, clothing, and home merchandise predominantly. The food segment includes value products (dairy, poultry, meat, fresh produce), ready-made meals, and healthy items. The clothing and home division sells women's wear, lingerie, men's wear, kids' wear, beauty, and home products. The remaining revenue comes from international sales, where M&S sells through a mix of its own stores, franchises, and online channels.In 2020, the firm entered into a joint venture, purchasing 50% of grocery e-commerce business Ocado Retail. Ocado is the exclusive online distributor of M&S food within the UK.
84GF Score
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