Altitude Group (LSE:ALT) Gross Margin %: 35.82% (As of Sep. 2025) — 50% Below Median


LSE:ALT Altitude Group PLC LSE:ALT
52 GF Score
Price £0.25
GF Value £0.52
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Altitude Group Gross Margin %?

Altitude Group LSE:ALT 52 Gross Margin % is 35.82% as of Sep. 2025, which is 50% below its 10-year median of 71.64. GuruFocus rates LSE:ALT with a GF Score™ of 52/100 and a GF Value™ of £0.52 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,685 Software companies, Altitude Group ranks worse than 53.52% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Altitude Group's Gross Profit for the six months ended in Sep. 2025 was £5.71 Mil. Altitude Group's Revenue for the six months ended in Sep. 2025 was £15.95 Mil. Therefore, Altitude Group's Gross Margin % for the quarter that ended in Sep. 2025 was 35.82%.

Warning Sign:

Altitude Group PLC gross margin has been in long-term decline. The average rate of decline per year is -13.2%.


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

LSE:ALT' s Gross Margin % Range Over the Past 10 Years
Min: 37.59   Med: 71.64   Max: 80.95
Current: 37.59


During the past 13 years, the highest Gross Margin % of Altitude Group was 80.95%. The lowest was 37.59%. And the median was 71.64%.

LSE:ALT's Gross Margin % is ranked worse than
53.52% of 2685 companies
in the Software industry
Industry Median: 40.45 vs LSE:ALT: 37.59

Altitude Group had a gross margin of 35.82% for the quarter that ended in Sep. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Altitude Group was -13.20% per year.


Altitude Group  (LSE:ALT) 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

Altitude Group had a gross margin of 35.82% for the quarter that ended in Sep. 2025 => Competition eroding margins


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.


Altitude Group Gross Margin % Related Terms


Altitude Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Altitude 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.

Altitude Group Gross Margin % Chart

Altitude Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.35 51.53 45.86 43.21 38.01

Altitude Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 41.82 44.47 36.46 39.51 35.82

LSE:ALT vs CRM, SHOP, UBER: Gross Margin % Comparison

For the Software - Application subindustry, Altitude 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.


Altitude Group Gross Margin % vs Software Industry

For the Software industry and Technology sector, Altitude Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Altitude Group's Gross Margin % falls into.


LSE:ALT
52GF Score
Altitude Group PLC LSE:ALT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Altitude Group Gross Margin % Calculation

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

Altitude Group's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=11 / 28.837
=(Revenue - Cost of Goods Sold) / Revenue
=(28.837 - 17.876) / 28.837
=38.01 %

Altitude Group's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=5.7 / 15.95
=(Revenue - Cost of Goods Sold) / Revenue
=(15.95 - 10.236) / 15.95
=35.82 %

* 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 35.82% mean?
Altitude Group (LSE:ALT) has a Gross Margin % of 35.82% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Altitude Group and its competitors. This is 50% below median its historical median of 71.64. Over the past decade, Altitude Group's Gross Margin % has ranged from 37.59 to 80.95. According to the industry distribution chart, Altitude Group ranks #1437 out of 2685 companies in the Software industry, placing it in the top 53.5%.
Is Altitude Group's Gross Margin % too high?
Altitude Group's current Gross Margin % of 35.82% is 50% below median its 10-year median of 71.64. Over the past 10 years, this metric has ranged from a low of 37.59 to a high of 80.95. The Software industry median Gross Margin % is 40.45. Altitude Group's value of 35.82% is 11.4% below this industry median. Based on the distribution chart, Altitude Group ranks #1437 out of 2685 companies in the Software industry, which is below the industry midpoint. Overall, Altitude Group has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Altitude Group's Gross Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Altitude Group ranks #1437 out of 2685 companies for Gross Margin %. This places Altitude Group in the lower half of its industry. The industry median Gross Margin % is 40.45. Altitude Group's value of 35.82% is 11.4% below this benchmark. Historically, Altitude Group's own Gross Margin % has ranged from 37.59 to 80.95 over the past decade. While the company's 10-year median is 71.64 vs. the industry median of 40.45, Altitude Group 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 Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,685 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. Altitude Group's current Gross Margin % of 35.82% is 11.4% 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 Altitude Group and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altitude Group's current Gross Margin % is 35.82%, which is 50% below median its own 10-year median of 71.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altitude Group stock overvalued right now?
Based on GuruFocus' analysis, Altitude Group (LSE:ALT) is currently considered Significantly Undervalued. The stock's GF Value™ is £0.52, compared to a current price of £0.25 — trading 52.9% below its estimated fair value. The current Gross Margin % is 35.82%, which is 50% below median its 10-year median of 71.64 and 11.4% below the Software industry median of 40.45. Altitude Group's overall GF Score™ is 52/100 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 Altitude Group (LSE:ALT), the current Gross Margin % is 35.82% as of Sep. 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 Altitude Group (LSE:ALT) Overvalued in 2026?

Based on GuruFocus' analysis, Altitude Group stock appears to be undervalued. The current stock price of £0.25 is trading 52.9% below its estimated GF Value™ of £0.52. GuruFocus considers Altitude Group to be Significantly Undervalued.

Key valuation signals for LSE:ALT:

  • Gross Margin %: 35.82% (50% below median its 10-year median of 71.64)
  • GF Value™: £0.52 vs. price of £0.25 (52.9% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 11.4% below the Software median (#1437 of 2685)

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


Altitude Group Business Description

Address 71-75 Shelton Street, Covent Garden, Mancheste, GBR, WC2H 9JQ
Altitude Group PLC operates a diversified portfolio Group that is the end-to-end solutions provider for branded merchandise across a variety of sectors, from the corporate promotional products industry and print vertical markets to the higher education sector. The Group has operations in North America, the UK, and Europe. Its service portfolio comprises technology services such as cloud and server-based software, website solutions, and information service solutions. It derives mainly of its revenue from North America.
52GF Score

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

£0.25
Price
£0.52
GF Value