ICTSF (ICTS International NV) Gross Margin %: 11.58% (As of Dec. 2025) — 20% Below Median

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ICTSF ICTS International NV ICTSF
72 GF Score
Price $6.00
GF Value $6.87
Valuation Modestly Undervalued
! 8 Warning Signs
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What is ICTS International NV Gross Margin %?

ICTS International NV ICTSF 72 Gross Margin % is 11.58% as of Dec. 2025, which is 20% below its 10-year median of 14.44. GuruFocus rates ICTSF with a GF Score™ of 72/100 and a GF Value™ of $6.87 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 988 Transportation companies, ICTS International NV ranks worse than 74.39% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. ICTS International NV's Gross Profit for the six months ended in Dec. 2025 was $32.3 Mil. ICTS International NV's Revenue for the six months ended in Dec. 2025 was $278.9 Mil. Therefore, ICTS International NV's Gross Margin % for the quarter that ended in Dec. 2025 was 11.58%.

Warning Sign:

ICTS International NV gross margin has been in long-term decline. The average rate of decline per year is -15.4%.


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

ICTSF' s Gross Margin % Range Over the Past 10 Years
Min: 9.62   Med: 14.44   Max: 35.44
Current: 11.18


During the past 13 years, the highest Gross Margin % of ICTS International NV was 35.44%. The lowest was 9.62%. And the median was 14.44%.

ICTSF's Gross Margin % is ranked worse than
74.39% of 988 companies
in the Transportation industry
Industry Median: 20.81 vs ICTSF: 11.18

ICTS International NV had a gross margin of 11.58% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ICTS International NV was -15.40% per year.


ICTS International NV  (OTCPK:ICTSF) 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

ICTS International NV had a gross margin of 11.58% 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.


ICTS International NV Gross Margin % Related Terms


ICTS International NV Gross Margin % Historical Data

* Premium members only.

The historical data trend for ICTS International NV'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.

ICTS International NV Gross Margin % Chart

ICTS International NV 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 35.44 19.63 18.53 14.45 11.18

ICTS International NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.38 14.70 14.22 10.74 11.58

ICTSF vs UP, ASLE, SOAR: Gross Margin % Comparison

For the Airports & Air Services subindustry, ICTS International NV'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.


ICTS International NV Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, ICTS International NV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ICTS International NV's Gross Margin % falls into.


ICTSF
72GF Score
ICTS International NV ICTSF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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ICTS International NV Gross Margin % Calculation

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

ICTS International NV'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 )
=59.7 / 534.376
=(Revenue - Cost of Goods Sold) / Revenue
=(534.376 - 474.634) / 534.376
=11.18 %

ICTS International NV'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 )
=32.3 / 278.936
=(Revenue - Cost of Goods Sold) / Revenue
=(278.936 - 246.63) / 278.936
=11.58 %

* 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 11.58% mean?
ICTS International NV (ICTSF) has a Gross Margin % of 11.58% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on ICTS International NV and its competitors. This is 20% below median its historical median of 14.44. Over the past decade, ICTS International NV's Gross Margin % has ranged from 9.62 to 35.44. According to the industry distribution chart, ICTS International NV ranks #735 out of 988 companies in the Transportation industry, placing it in the top 74.4%.
Is ICTS International NV's Gross Margin % too high?
ICTS International NV's current Gross Margin % of 11.58% is 20% below median its 10-year median of 14.44. Over the past 10 years, this metric has ranged from a low of 9.62 to a high of 35.44. The Transportation industry median Gross Margin % is 20.81. ICTS International NV's value of 11.58% is 44.4% below this industry median. Based on the distribution chart, ICTS International NV ranks #735 out of 988 companies in the Transportation industry, which is below the industry midpoint. Overall, ICTS International NV has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ICTS International NV's Gross Margin % compare to UP and ASLE?
According to the Transportation industry distribution chart, ICTS International NV ranks #735 out of 988 companies for Gross Margin %. This places ICTS International NV in the lower half of its industry. The industry median Gross Margin % is 20.81. ICTS International NV's value of 11.58% is 44.4% below this benchmark. Historically, ICTS International NV's own Gross Margin % has ranged from 9.62 to 35.44 over the past decade. While the company's 10-year median is 14.44 vs. the industry median of 20.81, ICTS International NV 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.81, based on 988 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. ICTS International NV's current Gross Margin % of 11.58% is 44.4% 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 ICTS International NV and its competitors. For the Transportation industry, the median Gross Margin % is 20.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICTS International NV's current Gross Margin % is 11.58%, which is 20% below median its own 10-year median of 14.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICTS International NV stock overvalued right now?
Based on GuruFocus' analysis, ICTS International NV (ICTSF) is currently considered Modestly Undervalued. The stock's GF Value™ is $6.87, compared to a current price of $6.00 — trading 12.7% below its estimated fair value. The current Gross Margin % is 11.58%, which is 20% below median its 10-year median of 14.44 and 44.4% below the Transportation industry median of 20.81. ICTS International NV's overall GF Score™ is 72/100 with 8 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 ICTS International NV (ICTSF), the current Gross Margin % is 11.58% 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 ICTS International NV (ICTSF) Overvalued in 2026?

Based on GuruFocus' analysis, ICTS International NV stock appears to be undervalued. The current stock price of $6.00 is trading 12.7% below its estimated GF Value™ of $6.87. GuruFocus considers ICTS International NV to be Modestly Undervalued.

Key valuation signals for ICTSF:

  • Gross Margin %: 11.58% (20% below median its 10-year median of 14.44)
  • GF Value™: $6.87 vs. price of $6.00 (12.7% below fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 44.4% below the Transportation median (#735 of 988)

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


ICTS International NV Business Description

Address Walaardt Sacrestraat 425, 5th Floor, Schiphol-Oost, Amsterdam, NH, NLD, 1117 BM
ICTS International NV operates through its subsidiaries and is engaged in providing aviation security and related services at airports, mainly in Europe and the Asia-Pacific region. The company also provides aviation-related services in the United States and develops technology-based security and authentication solutions for financial institutions and other businesses. It operates in three reportable segments: airport security, other aviation related services, and authentication technology. The majority of its revenue is derived from the airport security segment. Geographically, it generates the majority of its revenue from Germany.
72GF Score

Get the complete analysis for ICTSF

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

$6.00
Price
$6.87
GF Value