SHW AG (HAM:SW10) Gross Margin %: 13.02% (As of Dec. 2025) — Near Median


HAM:SW10 SHW AG HAM:SW10
55 GF Score
Price €6.50
GF Value €12.02
Valuation Significantly Undervalued
! 4 Warning Signs
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What is SHW AG Gross Margin %?

SHW AG HAM:SW10 55 Gross Margin % is 13.02% as of Dec. 2025, which is 6% above its 10-year median of 12.32. GuruFocus rates HAM:SW10 with a GF Score™ of 55/100 and a GF Value™ of €12.02 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,307 Vehicles & Parts companies, SHW AG ranks worse than 77.81% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. SHW AG's Gross Profit for the six months ended in Dec. 2025 was €62.9 Mil. SHW AG's Revenue for the six months ended in Dec. 2025 was €483.2 Mil. Therefore, SHW AG's Gross Margin % for the quarter that ended in Dec. 2025 was 13.02%.


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

HAM:SW10' s Gross Margin % Range Over the Past 10 Years
Min: 9.04   Med: 12.32   Max: 13.73
Current: 13.02


During the past 13 years, the highest Gross Margin % of SHW AG was 13.73%. The lowest was 9.04%. And the median was 12.32%.

HAM:SW10's Gross Margin % is ranked worse than
77.81% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 19.83 vs HAM:SW10: 13.02

SHW AG had a gross margin of 13.02% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SHW AG was 2.10% per year.


SHW AG  (HAM:SW10) 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

SHW AG had a gross margin of 13.02% for the quarter that ended in Dec. 2025 => 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.


SHW AG Gross Margin % Related Terms


SHW AG Gross Margin % Historical Data

* Premium members only.

The historical data trend for SHW 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.

SHW AG Gross Margin % Chart

SHW AG 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 11.58 9.04 13.73 11.61 13.02

SHW AG Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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 11.58 9.04 13.73 11.61 13.02

HAM:SW10 vs ORLY, AZO, GPC: Gross Margin % Comparison

For the Auto Parts subindustry, SHW 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.


SHW AG Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SHW AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where SHW AG's Gross Margin % falls into.


HAM:SW10
55GF Score
SHW AG HAM:SW10
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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SHW AG Gross Margin % Calculation

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

SHW AG'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 )
=62.9 / 483.247
=(Revenue - Cost of Goods Sold) / Revenue
=(483.247 - 420.349) / 483.247
=13.02 %

SHW AG's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=62.9 / 483.247
=(Revenue - Cost of Goods Sold) / Revenue
=(483.247 - 420.349) / 483.247
=13.02 %

* 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 13.02% mean?
SHW AG (HAM:SW10) has a Gross Margin % of 13.02% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on SHW AG and its competitors. This is near median its historical median of 12.32. Over the past decade, SHW AG's Gross Margin % has ranged from 9.04 to 13.73. According to the industry distribution chart, SHW AG ranks #1017 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 77.8%.
Is SHW AG's Gross Margin % too high?
SHW AG's current Gross Margin % of 13.02% is near median its 10-year median of 12.32. Over the past 10 years, this metric has ranged from a low of 9.04 to a high of 13.73. The Vehicles & Parts industry median Gross Margin % is 19.83. SHW AG's value of 13.02% is 34.3% below this industry median. Based on the distribution chart, SHW AG ranks #1017 out of 1307 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, SHW AG has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SHW AG's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, SHW AG ranks #1017 out of 1307 companies for Gross Margin %. This places SHW AG in the lower half of its industry. The industry median Gross Margin % is 19.83. SHW AG's value of 13.02% is 34.3% below this benchmark. Historically, SHW AG's own Gross Margin % has ranged from 9.04 to 13.73 over the past decade. While the company's 10-year median is 12.32 vs. the industry median of 19.83, SHW 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.83, based on 1,307 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. SHW AG's current Gross Margin % of 13.02% is 34.3% 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 SHW AG and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SHW AG's current Gross Margin % is 13.02%, which is near median its own 10-year median of 12.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHW AG stock overvalued right now?
Based on GuruFocus' analysis, SHW AG (HAM:SW10) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.02, compared to a current price of €6.50 — trading 45.9% below its estimated fair value. The current Gross Margin % is 13.02%, which is near median its 10-year median of 12.32 and 34.3% below the Vehicles & Parts industry median of 19.83. SHW AG's overall GF Score™ is 55/100 with 4 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 SHW AG (HAM:SW10), the current Gross Margin % is 13.02% as of Dec. 2025. 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 SHW AG (HAM:SW10) Overvalued in 2026?

Based on GuruFocus' analysis, SHW AG stock appears to be undervalued. The current stock price of €6.50 is trading 45.9% below its estimated GF Value™ of €12.02. GuruFocus considers SHW AG to be Significantly Undervalued.

Key valuation signals for HAM:SW10:

  • Gross Margin %: 13.02% (near median its 10-year median of 12.32)
  • GF Value™: €12.02 vs. price of €6.50 (45.9% below fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 34.3% below the Vehicles & Parts median (#1017 of 1307)

No single metric tells the full story. See the HAM:SW10 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SHW AG Business Description

Address Wilhelmstrasse 111, Aalen, BW, DEU, 73433
SHW AG is a Germany-based developer and manufacturer of a product that contributes to a reduction of fuel consumption and consequently CO2 emissions in the vehicle industry. The company has two operating segments, Pumps, and Engine Components and Brake Disc segment. In its Pumps and engine components business segment SHW develops and produces engine and transmission components for the various area of application. In the Brake Discs business segment, it develops and produces Monobloc, ventilated, cast iron brake discs as well as lightweight brake discs. The company generates the majority of its revenue from the Pumps and engine components business segment.
55GF Score

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

€6.50
Price
€12.02
GF Value