Macfarlane Group (LSE:MACF) Gross Margin %: 36.82% (As of Dec. 2025) — 10% Above Median


LSE:MACF Macfarlane Group PLC LSE:MACF
57 GF Score
Price £0.68
GF Value £1.18
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Macfarlane Group Gross Margin %?

Macfarlane Group LSE:MACF +2.88% 57 Gross Margin % is 36.82% as of Dec. 2025, which is 10% above its 10-year median of 33.49. GuruFocus rates LSE:MACF with a GF Score™ of 57/100 and a GF Value™ of £1.18 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 383 Packaging & Containers companies, Macfarlane Group ranks better than 83.81% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Macfarlane Group's Gross Profit for the six months ended in Dec. 2025 was £56.8 Mil. Macfarlane Group's Revenue for the six months ended in Dec. 2025 was £154.2 Mil. Therefore, Macfarlane Group's Gross Margin % for the quarter that ended in Dec. 2025 was 36.82%.


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

LSE:MACF' s Gross Margin % Range Over the Past 10 Years
Min: 30.62   Med: 33.49   Max: 38.96
Current: 37.29


During the past 13 years, the highest Gross Margin % of Macfarlane Group was 38.96%. The lowest was 30.62%. And the median was 33.49%.

LSE:MACF's Gross Margin % is ranked better than
83.81% of 383 companies
in the Packaging & Containers industry
Industry Median: 21.27 vs LSE:MACF: 37.29

Macfarlane Group had a gross margin of 36.82% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Macfarlane Group was 3.20% per year.


Macfarlane Group  (LSE:MACF) 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

Macfarlane Group had a gross margin of 36.82% for the quarter that ended in Dec. 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.


Macfarlane Group Gross Margin % Related Terms


Macfarlane Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Macfarlane 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.

Macfarlane Group Gross Margin % Chart

Macfarlane Group 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 33.83 33.76 37.65 38.96 37.29

Macfarlane Group 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 39.08 39.71 38.28 37.78 36.82

LSE:MACF vs SW, PKG, AMCR: Gross Margin % Comparison

For the Packaging & Containers subindustry, Macfarlane 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.


Macfarlane Group Gross Margin % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Macfarlane Group's Gross Margin % distribution charts can be found below:

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


LSE:MACF
57GF Score
Macfarlane Group PLC LSE:MACF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Macfarlane Group Gross Margin % Calculation

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

Macfarlane Group'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 )
=112.2 / 300.81
=(Revenue - Cost of Goods Sold) / Revenue
=(300.81 - 188.639) / 300.81
=37.29 %

Macfarlane Group'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 )
=56.8 / 154.219
=(Revenue - Cost of Goods Sold) / Revenue
=(154.219 - 97.433) / 154.219
=36.82 %

* 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 36.82% mean?
Macfarlane Group (LSE:MACF) has a Gross Margin % of 36.82% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Macfarlane Group and its competitors. This is 10% above median its historical median of 33.49. Over the past decade, Macfarlane Group's Gross Margin % has ranged from 30.62 to 38.96. According to the industry distribution chart, Macfarlane Group ranks #62 out of 383 companies in the Packaging & Containers industry, placing it in the top 16.2%.
Is Macfarlane Group's Gross Margin % too high?
Macfarlane Group's current Gross Margin % of 36.82% is 10% above median its 10-year median of 33.49. Over the past 10 years, this metric has ranged from a low of 30.62 to a high of 38.96. The Packaging & Containers industry median Gross Margin % is 21.27. Macfarlane Group's value of 36.82% is 73.1% above this industry median. Based on the distribution chart, Macfarlane Group ranks #62 out of 383 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Macfarlane Group has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Macfarlane Group's Gross Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Macfarlane Group ranks #62 out of 383 companies for Gross Margin %. This places Macfarlane Group in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 21.27. Macfarlane Group's value of 36.82% is 73.1% above this benchmark. Historically, Macfarlane Group's own Gross Margin % has ranged from 30.62 to 38.96 over the past decade. While the company's 10-year median is 33.49 vs. the industry median of 21.27, Macfarlane Group 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 Packaging & Containers company?
The median Gross Margin % among Packaging & Containers companies is 21.27, based on 383 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. Macfarlane Group's current Gross Margin % of 36.82% is 73.1% 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 Macfarlane Group and its competitors. For the Packaging & Containers industry, the median Gross Margin % is 21.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macfarlane Group's current Gross Margin % is 36.82%, which is 10% above median its own 10-year median of 33.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macfarlane Group stock overvalued right now?
Based on GuruFocus' analysis, Macfarlane Group (LSE:MACF) is currently considered Significantly Undervalued. The stock's GF Value™ is £1.18, compared to a current price of £0.68 — trading 42.5% below its estimated fair value. The current Gross Margin % is 36.82%, which is 10% above median its 10-year median of 33.49 and 73.1% above the Packaging & Containers industry median of 21.27. Macfarlane Group's overall GF Score™ is 57/100 with 5 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 Macfarlane Group (LSE:MACF), the current Gross Margin % is 36.82% 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 Macfarlane Group (LSE:MACF) Overvalued in 2026?

Based on GuruFocus' analysis, Macfarlane Group stock appears to be undervalued. The current stock price of £0.68 is trading 42.5% below its estimated GF Value™ of £1.18. GuruFocus considers Macfarlane Group to be Significantly Undervalued.

Key valuation signals for LSE:MACF:

  • Gross Margin %: 36.82% (10% above median its 10-year median of 33.49)
  • GF Value™: £1.18 vs. price of £0.68 (42.5% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 73.1% above the Packaging & Containers median (#62 of 383)

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


Macfarlane Group Business Description

Other Exchanges MACFl:UK5K6:Germany
Address 3 Park Gardens, First Floor, Glasgow, GBR, G3 7YE
Macfarlane Group PLC is a United Kingdom-based company that provides services for the packaging sector. It operates in two segments Packaging Distribution segment, which includes the distribution of packaging materials & supply of storage & warehousing services, & Manufacturing Operations comprises the manufacturing & supplying of self-adhesive labels to fast-moving consumer goods. The business operates Regional Distribution Centers, supplying customers with a range of packaging materials & services. It operates across a wide range of sectors such as Aerospace, Defense, Electronics, Medical General, Industrial food, health & beauty, household products, & beverages sectors. It derives key revenue from the Distribution segment. Geographically, it derives the majority revenue from the UK.
57GF Score

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

£0.68
Price
£1.18
GF Value