Angling DirectLSE:ANG 56 Gross Margin % is 37.19% as of Jan. 2026, which is 8% above its 10-year median of 34.51. GuruFocus rates LSE:ANG with a GF Score™ of 56/100 and a GF Value™ of £0.53 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,109 Retail - Cyclical companies, Angling Direct ranks better than 52.48% on this metric.
The historical rank and industry rank for Angling Direct's Gross Margin % or its related term are showing as below:
LSE:ANG'
s Gross Margin % Range Over the Past 10 Years
Min: 31.18 Med: 34.51 Max: 37.61
Current: 37.61
During the past 12 years, the highestGross Margin % of Angling Direct was 37.61%. The lowest was 31.18%. And the median was 34.51%.
LSE:ANG's Gross Margin % is ranked better than 52.48% of 1109
companies
in the Retail - Cyclical industry
Industry Median: 36.26
vs LSE:ANG: 37.61
Angling Direct had a gross margin of 37.19% for the quarter that ended in Jan. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Angling Direct was 1.20% per year.
Angling Direct (LSE:ANG) 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
Angling Direct had a gross margin of 37.19% for the quarter that ended in Jan. 2026 => 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.
Angling Direct Gross Margin % Related Terms
Angling Direct Gross Margin % Historical Data
* Premium members only.
The historical data trend for Angling Direct'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.
LSE:ANG vs CASY, WSM, DKS: Gross Margin % Comparison
For the Specialty Retail subindustry, Angling Direct'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.
Angling Direct Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Angling Direct's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Angling Direct'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.
Angling Direct (LSE:ANG) has a Gross Margin % of 37.19% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Angling Direct and its competitors. This is near median its historical median of 34.51. Over the past decade, Angling Direct's Gross Margin % has ranged from 31.18 to 37.61. According to the industry distribution chart, Angling Direct ranks #527 out of 1109 companies in the Retail - Cyclical industry, placing it in the top 47.5%.
Is Angling Direct's Gross Margin % too high?
Angling Direct's current Gross Margin % of 37.19% is near median its 10-year median of 34.51. Over the past 10 years, this metric has ranged from a low of 31.18 to a high of 37.61. The Retail - Cyclical industry median Gross Margin % is 36.26. Angling Direct's value of 37.19% is 2.6% above this industry median. Based on the distribution chart, Angling Direct ranks #527 out of 1109 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Angling Direct has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Angling Direct's Gross Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Angling Direct ranks #527 out of 1109 companies for Gross Margin %. This puts Angling Direct in the upper half of its industry. The industry median Gross Margin % is 36.26. Angling Direct's value of 37.19% is 2.6% above this benchmark. Historically, Angling Direct's own Gross Margin % has ranged from 31.18 to 37.61 over the past decade. While the company's 10-year median is 34.51 vs. the industry median of 36.26, Angling Direct 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.26, based on 1,109 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. Angling Direct's current Gross Margin % of 37.19% is 2.6% 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 Angling Direct and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Angling Direct's current Gross Margin % is 37.19%, which is near median its own 10-year median of 34.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angling Direct stock overvalued right now?
Based on GuruFocus' analysis, Angling Direct (LSE:ANG) is currently considered Fairly Valued. The stock's GF Value™ is £0.53, compared to a current price of £0.50 — trading 6.6% below its estimated fair value. The current Gross Margin % is 37.19%, which is near median its 10-year median of 34.51 and 2.6% above the Retail - Cyclical industry median of 36.26. Angling Direct's overall GF Score™ is 56/100 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 Angling Direct (LSE:ANG), the current Gross Margin % is 37.19% as of Jan. 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 Angling Direct (LSE:ANG) Overvalued in 2026?
Based on GuruFocus' analysis, Angling Direct stock appears to be undervalued.
The current stock price of £0.50 is trading 6.6% below its estimated GF Value™ of £0.53.
GuruFocus considers Angling Direct to be Fairly Valued.
Key valuation signals for LSE:ANG:
Gross Margin %: 37.19% (near median its 10-year median of 34.51)
GF Value™: £0.53 vs. price of £0.50 (6.6% below fair value)
Industry Position: 2.6% above the Retail - Cyclical median (#527 of 1109)
No single metric tells the full story. See the LSE:ANG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Angling Direct PLC principal activity of the Group is the sale of fishing tackle through its websites and stores. The Group's business model is designed to generate growth by providing excellent customer service, advice and ensuring product lines include a market range. Customers range from the casual hobbyist through to very committed anglers. The Group has two operating segments: UK and Europe. The company generates majority of revenue from UK.
56GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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