Northern BearLSE:NTBR 49 Gross Margin % is 24.74% as of Sep. 2025, which is 21% above its 10-year median of 20.41. GuruFocus rates LSE:NTBR with a GF Score™ of 49/100 and a GF Value™ of £0.90 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,721 Construction companies, Northern Bear ranks better than 58.69% on this metric.
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
Northern Bear had a gross margin of 24.74% 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.
Northern Bear Gross Margin % Related Terms
Northern Bear Gross Margin % Historical Data
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The historical data trend for Northern Bear'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:NTBR vs TT, JCI, CARR: Gross Margin % Comparison
For the Building Products & Equipment subindustry, Northern Bear'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.
Northern Bear Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Northern Bear's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Northern Bear'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.
Northern Bear (LSE:NTBR) has a Gross Margin % of 24.74% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Northern Bear and its competitors. This is 21% above median its historical median of 20.41. Over the past decade, Northern Bear's Gross Margin % has ranged from 17.19 to 25.02. According to the industry distribution chart, Northern Bear ranks #711 out of 1721 companies in the Construction industry, placing it in the top 41.3%.
Is Northern Bear's Gross Margin % too high?
Northern Bear's current Gross Margin % of 24.74% is 21% above median its 10-year median of 20.41. Over the past 10 years, this metric has ranged from a low of 17.19 to a high of 25.02. The Construction industry median Gross Margin % is 20.73. Northern Bear's value of 24.74% is 19.3% above this industry median. Based on the distribution chart, Northern Bear ranks #711 out of 1721 companies in the Construction industry, which is above the industry midpoint. Overall, Northern Bear has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Northern Bear's Gross Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Northern Bear ranks #711 out of 1721 companies for Gross Margin %. This puts Northern Bear in the upper half of its industry. The industry median Gross Margin % is 20.73. Northern Bear's value of 24.74% is 19.3% above this benchmark. Historically, Northern Bear's own Gross Margin % has ranged from 17.19 to 25.02 over the past decade. While the company's 10-year median is 20.41 vs. the industry median of 20.73, Northern Bear 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 Construction company?
The median Gross Margin % among Construction companies is 20.73, based on 1,721 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. Northern Bear's current Gross Margin % of 24.74% is 19.3% 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 Northern Bear and its competitors. For the Construction industry, the median Gross Margin % is 20.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Bear's current Gross Margin % is 24.74%, which is 21% above median its own 10-year median of 20.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Bear stock overvalued right now?
Based on GuruFocus' analysis, Northern Bear (LSE:NTBR) is currently considered Fairly Valued. The stock's GF Value™ is £0.90, compared to a current price of £0.99 — trading 10% above its estimated fair value. The current Gross Margin % is 24.74%, which is 21% above median its 10-year median of 20.41 and 19.3% above the Construction industry median of 20.73. Northern Bear's overall GF Score™ is 49/100 with 2 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 Northern Bear (LSE:NTBR), the current Gross Margin % is 24.74% 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 Northern Bear (LSE:NTBR) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Bear stock appears to be overvalued.
The current stock price of £0.99 is trading 10% above its estimated GF Value™ of £0.90.
GuruFocus considers Northern Bear to be Fairly Valued.
Key valuation signals for LSE:NTBR:
Gross Margin %: 24.74% (21% above median its 10-year median of 20.41)
GF Value™: £0.90 vs. price of £0.99 (10% above fair value)
Industry Position: 19.3% above the Construction median (#711 of 1721)
No single metric tells the full story. See the LSE:NTBR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Bear PLC is a specialist building service provider serving the support services sector. Its operating segments include Roofing activities - companies providing a comprehensive range of roofing services including slang, felting, refurbishment, and maintenance for domestic, commercial, and public sector properties; Materials handling activities - supply, service, and maintenance of forklift trucks and warehouse equipment on hire and for sale; Specialist building services activities - aggregation of other specialist building services companies providing services including building maintenance, electrical contracting, and sound insulation and Corporate and other activities - the provision of head office activity and consolidation items. It generates revenues mainly from the UK.
49GF 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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