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Tandem GroupLSE:TND 56 Gross Margin % is 31.25% as of Dec. 2025, which is 5% above its 10-year median of 29.64. GuruFocus rates LSE:TND with a GF Score™ of 56/100 and a GF Value™ of £1.98 (Fairly Valued). The stock has 5 warning signs investors should review. Among 793 Travel & Leisure companies, Tandem Group ranks worse than 68.98% 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
Tandem Group had a gross margin of 31.25% 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.
Tandem Group Gross Margin % Related Terms
Tandem Group Gross Margin % Historical Data
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The historical data trend for Tandem 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:TND vs AS, HAS, LTH: Gross Margin % Comparison
For the Leisure subindustry, Tandem 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.
Tandem Group Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tandem Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Tandem 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.
Tandem Group (LSE:TND) has a Gross Margin % of 31.25% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Tandem Group and its competitors. This is near median its historical median of 29.64. Over the past decade, Tandem Group's Gross Margin % has ranged from 25.98 to 31.52. According to the industry distribution chart, Tandem Group ranks #547 out of 793 companies in the Travel & Leisure industry, placing it in the top 69%.
Is Tandem Group's Gross Margin % too high?
Tandem Group's current Gross Margin % of 31.25% is near median its 10-year median of 29.64. Over the past 10 years, this metric has ranged from a low of 25.98 to a high of 31.52. The Travel & Leisure industry median Gross Margin % is 43.57. Tandem Group's value of 31.25% is 28.3% below this industry median. Based on the distribution chart, Tandem Group ranks #547 out of 793 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Tandem Group has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tandem Group's Gross Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Tandem Group ranks #547 out of 793 companies for Gross Margin %. This places Tandem Group in the lower half of its industry. The industry median Gross Margin % is 43.57. Tandem Group's value of 31.25% is 28.3% below this benchmark. Historically, Tandem Group's own Gross Margin % has ranged from 25.98 to 31.52 over the past decade. While the company's 10-year median is 29.64 vs. the industry median of 43.57, Tandem 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.57, based on 793 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. Tandem Group's current Gross Margin % of 31.25% is 28.3% 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 Tandem Group and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tandem Group's current Gross Margin % is 31.25%, which is near median its own 10-year median of 29.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tandem Group stock overvalued right now?
Based on GuruFocus' analysis, Tandem Group (LSE:TND) is currently considered Fairly Valued. The stock's GF Value™ is £1.98, compared to a current price of £1.80 — trading 9.1% below its estimated fair value. The current Gross Margin % is 31.25%, which is near median its 10-year median of 29.64 and 28.3% below the Travel & Leisure industry median of 43.57. Tandem Group's overall GF Score™ is 56/100 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 Tandem Group (LSE:TND), the current Gross Margin % is 31.25% 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 Tandem Group (LSE:TND) Overvalued in 2026?
Based on GuruFocus' analysis, Tandem Group stock appears to be undervalued.
The current stock price of £1.80 is trading 9.1% below its estimated GF Value™ of £1.98.
GuruFocus considers Tandem Group to be Fairly Valued.
Key valuation signals for LSE:TND:
Gross Margin %: 31.25% (near median its 10-year median of 29.64)
GF Value™: £1.98 vs. price of £1.80 (9.1% below fair value)
Industry Position: 28.3% below the Travel & Leisure median (#547 of 793)
No single metric tells the full story. See the LSE:TND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tandem Group PLC is a designer, developer, distributor, and retailer of sports, leisure, and mobility products. Its products include bicycles and accessories, football training equipment, garden and camping, homewares and household appliances, mobility, outdoor play, snooker, pool and table sports, wheeled toys, and golf equipment, which are sold under various brands including Boss, Exile, Scorpion, Carpzone, Kickmaster, Windbar, Airwave, Disney, Shopkins, and Trolls. It has four segments: Toys, Sports & Leisure, Bicycles, including electric, Golf, and Home & Garden. The majority of its revenue comes from the Toys, Sports & Leisure segment. Geographically, the company generates maximum revenue from the United Kingdom, followed by Europe and the Rest of the World.
56GF Score
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