LPPLPPSY +0.84%98 Gross Margin % is 58.48% as of Apr. 2026, which is 10% above its 10-year median of 53.05. GuruFocus rates LPPSY with a GF Score™ of 98/100 and a GF Value™ of $22.99. The stock has 1 warning sign investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, LPP ranks better than 84.62% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. LPP's Gross Profit for the
three
months ended in Apr. 2026 was $871 Mil. LPP's Revenue for the
three
months ended in Apr. 2026 was $1,489 Mil. Therefore, LPP's Gross Margin % for the quarter that ended in Apr. 2026 was 58.48%.
The historical rank and industry rank for LPP's Gross Margin % or its related term are showing as below:
LPPSY'
s Gross Margin % Range Over the Past 10 Years
Min: 48.74 Med: 53.05 Max: 57.24
Current: 56.58
During the past 13 years, the highestGross Margin % of LPP was 57.24%. The lowest was 48.74%. And the median was 53.05%.
LPP had a gross margin of 58.48% for the quarter that ended in Apr. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for LPP was -0.60% per year.
LPP (OTCPK:LPPSY) 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
LPP had a gross margin of 58.48% for the quarter that ended in Apr. 2026 => Durable 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.
LPP Gross Margin % Related Terms
LPP Gross Margin % Historical Data
* Premium members only.
The historical data trend for LPP'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 Apparel Manufacturing subindustry, LPP'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.
LPP Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, LPP's Gross Margin % distribution charts can be found below:
* The bar in red indicates where LPP'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.
LPP (LPPSY) has a Gross Margin % of 58.48% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on LPP and its competitors. This is 10% above median its historical median of 53.05. Over the past decade, LPP's Gross Margin % has ranged from 48.74 to 57.24. According to the industry distribution chart, LPP ranks #158 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 15.4%.
Is LPP's Gross Margin % too high?
LPP's current Gross Margin % of 58.48% is 10% above median its 10-year median of 53.05. Over the past 10 years, this metric has ranged from a low of 48.74 to a high of 57.24. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.34. LPP's value of 58.48% is 106.4% above this industry median. Based on the distribution chart, LPP ranks #158 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, LPP has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does LPP's Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, LPP ranks #158 out of 1027 companies for Gross Margin %. This places LPP in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.34. LPP's value of 58.48% is 106.4% above this benchmark. Historically, LPP's own Gross Margin % has ranged from 48.74 to 57.24 over the past decade. While the company's 10-year median is 53.05 vs. the industry median of 28.34, LPP has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.34, based on 1,027 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. LPP's current Gross Margin % of 58.48% is 106.4% above 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 LPP and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LPP's current Gross Margin % is 58.48%, which is 10% above median its own 10-year median of 53.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LPP stock overvalued right now?
LPP (LPPSY) has a current Gross Margin % of 58.48%. The stock's GF Value™ is $22.99, compared to a current price of $20.41 — trading 11.2% below its estimated fair value. The current Gross Margin % is 58.48%, which is 10% above median its 10-year median of 53.05 and 106.4% above the Manufacturing - Apparel & Accessories industry median of 28.34. LPP's overall GF Score™ is 98/100 with 1 warning sign 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 LPP (LPPSY), the current Gross Margin % is 58.48% as of Apr. 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 LPP (LPPSY) Overvalued in 2026?
Based on GuruFocus' analysis, LPP stock appears to be undervalued.
The current stock price of $20.41 is trading 11.2% below its estimated GF Value™ of $22.99.
Key valuation signals for LPPSY:
Gross Margin %: 58.48% (10% above median its 10-year median of 53.05)
GF Value™: $22.99 vs. price of $20.41 (11.2% below fair value)
Industry Position: 106.4% above the Manufacturing - Apparel & Accessories median (#158 of 1027)
No single metric tells the full story. See the LPPSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LPP SA makes and sells clothing, footwear, bags, and accessories in Central and Eastern Europe. LPP has nearly 1,500 company-branded retail stores, which serve as the company's primary sales channel. Brands include Reserved, Cropp, House, Mohito, and Sinsay. Reserved stores account for roughly half of the company's sales volume. Geographically, most sales are in Poland, and Poland and Russia account for more than 80% of total sales. LPP purchases most of its materials in Asia, and the company's manufacturers are primarily located in China.
98GF Score
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