Next 15 GroupLSE:NFG +0.40%71 Gross Margin % is 71.61% as of Jan. 2026, which is 9% below its 10-year median of 78.65. GuruFocus rates LSE:NFG with a GF Score™ of 71/100 and a GF Value™ of £3.55 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 946 Media - Diversified companies, Next 15 Group ranks better than 83.51% on this metric.
Next 15 Group PLC gross margin has been in long-term decline. The average rate of decline per year is -2%.
The historical rank and industry rank for Next 15 Group's Gross Margin % or its related term are showing as below:
LSE:NFG'
s Gross Margin % Range Over the Past 10 Years
Min: 72.71 Med: 78.65 Max: 84.14
Current: 72.71
During the past 13 years, the highestGross Margin % of Next 15 Group was 84.14%. The lowest was 72.71%. And the median was 78.65%.
LSE:NFG's Gross Margin % is ranked better than 83.51% of 946
companies
in the Media - Diversified industry
Industry Median: 38.91
vs LSE:NFG: 72.71
Next 15 Group had a gross margin of 71.61% for the quarter that ended in Jan. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Next 15 Group was -2.00% per year.
Next 15 Group (LSE:NFG) 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
Next 15 Group had a gross margin of 71.61% for the quarter that ended in Jan. 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.
Next 15 Group Gross Margin % Related Terms
Next 15 Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Next 15 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.
LSE:NFG vs APP, OMC, TTD: Gross Margin % Comparison
For the Advertising Agencies subindustry, Next 15 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.
Next 15 Group Gross Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Next 15 Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Next 15 Group'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.
Next 15 Group (LSE:NFG) has a Gross Margin % of 71.61% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Next 15 Group and its competitors. This is near median its historical median of 78.65. Over the past decade, Next 15 Group's Gross Margin % has ranged from 72.71 to 84.14. According to the industry distribution chart, Next 15 Group ranks #156 out of 946 companies in the Media - Diversified industry, placing it in the top 16.5%.
Is Next 15 Group's Gross Margin % too high?
Next 15 Group's current Gross Margin % of 71.61% is near median its 10-year median of 78.65. Over the past 10 years, this metric has ranged from a low of 72.71 to a high of 84.14. The Media - Diversified industry median Gross Margin % is 38.91. Next 15 Group's value of 71.61% is 84% above this industry median. Based on the distribution chart, Next 15 Group ranks #156 out of 946 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Next 15 Group has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Next 15 Group's Gross Margin % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Next 15 Group ranks #156 out of 946 companies for Gross Margin %. This places Next 15 Group in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 38.91. Next 15 Group's value of 71.61% is 84% above this benchmark. Historically, Next 15 Group's own Gross Margin % has ranged from 72.71 to 84.14 over the past decade. While the company's 10-year median is 78.65 vs. the industry median of 38.91, Next 15 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.91, based on 946 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. Next 15 Group's current Gross Margin % of 71.61% is 84% 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 Next 15 Group and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next 15 Group's current Gross Margin % is 71.61%, which is near median its own 10-year median of 78.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next 15 Group stock overvalued right now?
Based on GuruFocus' analysis, Next 15 Group (LSE:NFG) is currently considered Modestly Undervalued. The stock's GF Value™ is £3.55, compared to a current price of £2.54 — trading 28.5% below its estimated fair value. The current Gross Margin % is 71.61%, which is near median its 10-year median of 78.65 and 84% above the Media - Diversified industry median of 38.91. Next 15 Group's overall GF Score™ is 71/100 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 Next 15 Group (LSE:NFG), the current Gross Margin % is 71.61% 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 Next 15 Group (LSE:NFG) Overvalued in 2026?
Based on GuruFocus' analysis, Next 15 Group stock appears to be undervalued.
The current stock price of £2.54 is trading 28.5% below its estimated GF Value™ of £3.55.
GuruFocus considers Next 15 Group to be Modestly Undervalued.
Key valuation signals for LSE:NFG:
Gross Margin %: 71.61% (near median its 10-year median of 78.65)
GF Value™: £3.55 vs. price of £2.54 (28.5% below fair value)
Industry Position: 84% above the Media - Diversified median (#156 of 946)
No single metric tells the full story. See the LSE:NFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next 15 Group PLC is a digital marketing company in the United Kingdom. The company segments include Retail Media; Data & Research; Digital Transformation, Marketing & Communications, and Creative Services . It generates maximum of its revenue from the Marketing & Communications segment.
71GF 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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