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
lastminute.com NV had a gross margin of 39.21% for the quarter that ended in Mar. 2026 => 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.
lastminute.com NV Gross Margin % Related Terms
lastminute.com NV Gross Margin % Historical Data
* Premium members only.
The historical data trend for lastminute.com NV'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.
LSMNF vs BKNG, ABNB, RCL: Gross Margin % Comparison
For the Travel Services subindustry, lastminute.com NV'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.
lastminute.com NV Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, lastminute.com NV's Gross Margin % distribution charts can be found below:
* The bar in red indicates where lastminute.com NV'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.
lastminute.com NV (LSMNF) has a Gross Margin % of 39.21% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on lastminute.com NV and its competitors. According to the industry distribution chart, lastminute.com NV ranks #277 out of 793 companies in the Travel & Leisure industry, placing it in the top 34.9%.
Is lastminute.com NV's Gross Margin % too high?
lastminute.com NV's current Gross Margin % is 39.21%. The Travel & Leisure industry median Gross Margin % is 43.92. lastminute.com NV's value of 39.21% is 10.7% below this industry median. Based on the distribution chart, lastminute.com NV ranks #277 out of 793 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, lastminute.com NV has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does lastminute.com NV's Gross Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, lastminute.com NV ranks #277 out of 793 companies for Gross Margin %. This puts lastminute.com NV in the upper half of its industry. The industry median Gross Margin % is 43.92. lastminute.com NV's value of 39.21% is 10.7% below this benchmark. 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 43.92, 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. lastminute.com NV's current Gross Margin % of 39.21% is 10.7% 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 lastminute.com NV and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. lastminute.com NV's current Gross Margin % is 39.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is lastminute.com NV stock overvalued right now?
lastminute.com NV (LSMNF) has a current Gross Margin % of 39.21%. The stock's GF Value™ is $34.20, compared to a current price of $19.92 — trading 41.8% below its estimated fair value. The current Gross Margin % is 39.21% and 10.7% below the Travel & Leisure industry median of 43.92. lastminute.com NV's overall GF Score™ is 75/100 with 3 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 lastminute.com NV (LSMNF), the current Gross Margin % is 39.21% as of Mar. 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 lastminute.com NV (LSMNF) Overvalued in 2026?
Based on GuruFocus' analysis, lastminute.com NV stock appears to be undervalued.
The current stock price of $19.92 is trading 41.8% below its estimated GF Value™ of $34.20.
Key valuation signals for LSMNF:
Gross Margin %: 39.21%
GF Value™: $34.20 vs. price of $19.92 (41.8% below fair value)
Industry Position: 10.7% below the Travel & Leisure median (#277 of 793)
No single metric tells the full story. See the LSMNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
lastminute.com N.V. is an online travel group operating as a digital, asset-light platform and virtual tour operator, focused on designing, delivering, and taking responsibility for curated, integrated travel experiences. Its offerings include dynamic holiday packages, flights, hotels, and additional services such as car rentals, experiences, protection products, and deferred payment options, supported by proprietary technology that combines flights, hotels, and ancillary services in real time. The Group operates through key segments, including Packages, Flights, and Hotels, with the Packages segment generating the maximum revenue through bundled travel offerings where the Group is responsible for service fulfillment. Geographically, the UK generates the highest revenue.
75GF Score
Get the complete analysis for LSMNF
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSMNF has been successfully added to your 
