Midwich Group (LSE:MIDW) Gross Margin %: 17.64% (As of Dec. 2025) — 10% Above Median


LSE:MIDW Midwich Group PLC LSE:MIDW
63 GF Score
Price £1.32
GF Value £3.31
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Midwich Group Gross Margin %?

Midwich Group LSE:MIDW -1.05% 63 Gross Margin % is 17.64% as of Dec. 2025, which is 10% above its 10-year median of 15.99. GuruFocus rates LSE:MIDW with a GF Score™ of 63/100 and a GF Value™ of £3.31 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,454 Hardware companies, Midwich Group ranks worse than 66.59% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Midwich Group's Gross Profit for the six months ended in Dec. 2025 was £118 Mil. Midwich Group's Revenue for the six months ended in Dec. 2025 was £671 Mil. Therefore, Midwich Group's Gross Margin % for the quarter that ended in Dec. 2025 was 17.64%.


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

LSE:MIDW' s Gross Margin % Range Over the Past 10 Years
Min: 14.3   Med: 15.99   Max: 17.79
Current: 17.65


During the past 13 years, the highest Gross Margin % of Midwich Group was 17.79%. The lowest was 14.30%. And the median was 15.99%.

LSE:MIDW's Gross Margin % is ranked worse than
66.59% of 2454 companies
in the Hardware industry
Industry Median: 24.53 vs LSE:MIDW: 17.65

Midwich Group had a gross margin of 17.64% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Midwich Group was 4.80% per year.


Midwich Group  (LSE:MIDW) 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

Midwich Group had a gross margin of 17.64% 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.


Midwich Group Gross Margin % Related Terms


Midwich Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Midwich 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.

Midwich Group Gross Margin % Chart

Midwich 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 15.33 15.26 17.46 17.79 17.65

Midwich 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 18.49 17.99 17.60 17.66 17.64

LSE:MIDW vs SNX, ARW, AVT: Gross Margin % Comparison

For the Electronics & Computer Distribution subindustry, Midwich 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.


Midwich Group Gross Margin % vs Hardware Industry

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

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


LSE:MIDW
63GF Score
Midwich Group PLC LSE:MIDW
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Midwich Group Gross Margin % Calculation

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

Midwich 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 )
=228 / 1291.767
=(Revenue - Cost of Goods Sold) / Revenue
=(1291.767 - 1063.755) / 1291.767
=17.65 %

Midwich 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 )
=118.4 / 671.442
=(Revenue - Cost of Goods Sold) / Revenue
=(671.442 - 553.003) / 671.442
=17.64 %

* 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 17.64% mean?
Midwich Group (LSE:MIDW) has a Gross Margin % of 17.64% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Midwich Group and its competitors. This is 10% above median its historical median of 15.99. Over the past decade, Midwich Group's Gross Margin % has ranged from 14.30 to 17.79. According to the industry distribution chart, Midwich Group ranks #1634 out of 2454 companies in the Hardware industry, placing it in the top 66.6%.
Is Midwich Group's Gross Margin % too high?
Midwich Group's current Gross Margin % of 17.64% is 10% above median its 10-year median of 15.99. Over the past 10 years, this metric has ranged from a low of 14.30 to a high of 17.79. The Hardware industry median Gross Margin % is 24.53. Midwich Group's value of 17.64% is 28.1% below this industry median. Based on the distribution chart, Midwich Group ranks #1634 out of 2454 companies in the Hardware industry, which is below the industry midpoint. Overall, Midwich Group has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Midwich Group's Gross Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, Midwich Group ranks #1634 out of 2454 companies for Gross Margin %. This places Midwich Group in the lower half of its industry. The industry median Gross Margin % is 24.53. Midwich Group's value of 17.64% is 28.1% below this benchmark. Historically, Midwich Group's own Gross Margin % has ranged from 14.30 to 17.79 over the past decade. While the company's 10-year median is 15.99 vs. the industry median of 24.53, Midwich 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.53, based on 2,454 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. Midwich Group's current Gross Margin % of 17.64% is 28.1% 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 Midwich Group and its competitors. For the Hardware industry, the median Gross Margin % is 24.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midwich Group's current Gross Margin % is 17.64%, which is 10% above median its own 10-year median of 15.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midwich Group stock overvalued right now?
Based on GuruFocus' analysis, Midwich Group (LSE:MIDW) is currently considered Significantly Undervalued. The stock's GF Value™ is £3.31, compared to a current price of £1.32 — trading 60% below its estimated fair value. The current Gross Margin % is 17.64%, which is 10% above median its 10-year median of 15.99 and 28.1% below the Hardware industry median of 24.53. Midwich Group's overall GF Score™ is 63/100 with 6 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 Midwich Group (LSE:MIDW), the current Gross Margin % is 17.64% 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 Midwich Group (LSE:MIDW) Overvalued in 2026?

Based on GuruFocus' analysis, Midwich Group stock appears to be undervalued. The current stock price of £1.32 is trading 60% below its estimated GF Value™ of £3.31. GuruFocus considers Midwich Group to be Significantly Undervalued.

Key valuation signals for LSE:MIDW:

  • Gross Margin %: 17.64% (10% above median its 10-year median of 15.99)
  • GF Value™: £3.31 vs. price of £1.32 (60% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 28.1% below the Hardware median (#1634 of 2454)

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


Midwich Group Business Description

Other Exchanges MIDWl:UK9S2:Germany
Address Vinces Road, Diss, Norfolk, GBR, IP22 4YT
Midwich Group PLC provides audio-visual (AV) and document solutions to the trade market. The company's product portfolio includes audiovisual categories such as displays, projectors, digital signage, unified communications, and professional audio. It operates in four segments: UK & Ireland, EMEA (Europe, Middle East, and Africa), Asia Pacific, and North America. The majority of the revenue is generated from the UK & Ireland.
63GF Score

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

£1.32
Price
£3.31
GF Value