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Bitfire Group HoldingsHKSE:01611 +3.70%75 Gross Margin % is 1.35% as of Mar. 2026, which is 92% below its 10-year median of 17.46. GuruFocus rates HKSE:01611 with a GF Score™ of 75/100 and a GF Value™ of HK$3.42 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 621 Capital Markets companies, Bitfire Group Holdings ranks worse than 88.08% on this metric.
Bitfire Group Holdings (HKSE:01611) 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
Bitfire Group Holdings had a gross margin of 1.35% 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.
Bitfire Group Holdings Gross Margin % Related Terms
Bitfire Group Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for Bitfire Group Holdings'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.
HKSE:01611 vs MS, GS, SCHW: Gross Margin % Comparison
For the Capital Markets subindustry, Bitfire Group Holdings'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.
Bitfire Group Holdings Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bitfire Group Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bitfire Group Holdings'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.
Bitfire Group Holdings (HKSE:01611) has a Gross Margin % of 1.35% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bitfire Group Holdings and its competitors. This is 92% below median its historical median of 17.46. Over the past decade, Bitfire Group Holdings' Gross Margin % has ranged from 0.37 to 49.55. According to the industry distribution chart, Bitfire Group Holdings ranks #547 out of 621 companies in the Capital Markets industry, placing it in the top 88.1%.
Is Bitfire Group Holdings' Gross Margin % too high?
Bitfire Group Holdings' current Gross Margin % of 1.35% is 92% below median its 10-year median of 17.46. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 49.55. The Capital Markets industry median Gross Margin % is 50.23. Bitfire Group Holdings' value of 1.35% is 97.3% below this industry median. Based on the distribution chart, Bitfire Group Holdings ranks #547 out of 621 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Bitfire Group Holdings has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bitfire Group Holdings' Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Bitfire Group Holdings ranks #547 out of 621 companies for Gross Margin %. This places Bitfire Group Holdings in the lower half of its industry. The industry median Gross Margin % is 50.23. Bitfire Group Holdings' value of 1.35% is 97.3% below this benchmark. Historically, Bitfire Group Holdings' own Gross Margin % has ranged from 0.37 to 49.55 over the past decade. While the company's 10-year median is 17.46 vs. the industry median of 50.23, Bitfire Group Holdings 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 50.23, based on 621 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. Bitfire Group Holdings's current Gross Margin % of 1.35% is 97.3% 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 Bitfire Group Holdings and its competitors. For the Capital Markets industry, the median Gross Margin % is 50.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bitfire Group Holdings's current Gross Margin % is 1.35%, which is 92% below median its own 10-year median of 17.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitfire Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bitfire Group Holdings (HKSE:01611) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.42, compared to a current price of HK$1.96 — trading 42.7% below its estimated fair value. The current Gross Margin % is 1.35%, which is 92% below median its 10-year median of 17.46 and 97.3% below the Capital Markets industry median of 50.23. Bitfire Group Holdings' overall GF Score™ is 75/100 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 Bitfire Group Holdings (HKSE:01611), the current Gross Margin % is 1.35% 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 Bitfire Group Holdings (HKSE:01611) Overvalued in 2026?
Based on GuruFocus' analysis, Bitfire Group Holdings stock appears to be undervalued.
The current stock price of HK$1.96 is trading 42.7% below its estimated GF Value™ of HK$3.42.
GuruFocus considers Bitfire Group Holdings to be Possible Value Trap.
Key valuation signals for HKSE:01611:
Gross Margin %: 1.35% (92% below median its 10-year median of 17.46)
GF Value™: HK$3.42 vs. price of HK$1.96 (42.7% below fair value)
Industry Position: 97.3% below the Capital Markets median (#547 of 621)
No single metric tells the full story. See the HKSE:01611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bitfire Group Holdings Ltd is an investment holding company and its subsidiaries are principally engaged in the provision of technology solution services, a varieties of services in virtual asset ecosystem, such as asset management, trust and custodian business, crypto asset trading and operate a crypto asset exchange in Japan. The company has two reportable and operating segments: (i) Operation of crypto asset exchange in Japan (Blockchain Platform Business); and (ii) Virtual asset ecosystem other than Blockchain Platform Business (Other Virtual Asset Ecosystem Business). The majority of revenue is derived from the Blockchain Platform Business segment.
75GF Score
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