Gapwaves AB (LTS:0GF1) Gross Margin %: 51.20% (As of Jun. 2026) — 22% Below Median

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LTS:0GF1 Gapwaves AB LTS:0GF1
77 GF Score
Price kr17.54
GF Value kr26.72
! 4 Warning Signs
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What is Gapwaves AB Gross Margin %?

Gapwaves AB LTS:0GF1 77 Gross Margin % is 51.20% as of Jun. 2026, which is 22% below its 10-year median of 66.06. GuruFocus rates LTS:0GF1 with a GF Score™ of 77/100 and a GF Value™ of kr26.72. The stock has 4 warning signs investors should review. Among 2,455 Hardware companies, Gapwaves AB ranks better than 74.79% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Gapwaves AB's Gross Profit for the three months ended in Jun. 2026 was kr6.69 Mil. Gapwaves AB's Revenue for the three months ended in Jun. 2026 was kr13.06 Mil. Therefore, Gapwaves AB's Gross Margin % for the quarter that ended in Jun. 2026 was 51.20%.

Warning Sign:

Gapwaves AB gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


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

LTS:0GF1' s Gross Margin % Range Over the Past 10 Years
Min: 38.97   Med: 66.06   Max: 708.7
Current: 38.97


During the past 12 years, the highest Gross Margin % of Gapwaves AB was 708.70%. The lowest was 38.97%. And the median was 66.06%.

LTS:0GF1's Gross Margin % is ranked better than
74.79% of 2455 companies
in the Hardware industry
Industry Median: 24.67 vs LTS:0GF1: 38.97

Gapwaves AB had a gross margin of 51.20% for the quarter that ended in Jun. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Gapwaves AB was -2.60% per year.


Gapwaves AB  (LTS:0GF1) 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

Gapwaves AB had a gross margin of 51.20% for the quarter that ended in Jun. 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.


Gapwaves AB Gross Margin % Related Terms


Gapwaves AB Gross Margin % Historical Data

* Premium members only.

The historical data trend for Gapwaves AB'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.

Gapwaves AB Gross Margin % Chart

Gapwaves AB Annual Data
Trend Apr16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.63 67.45 64.26 64.66 48.08

Gapwaves AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 60.11 17.37 40.33 52.14 51.20

LTS:0GF1 vs CSCO, MSI, HPE: Gross Margin % Comparison

For the Communication Equipment subindustry, Gapwaves AB'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.


Gapwaves AB Gross Margin % vs Hardware Industry

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

* The bar in red indicates where Gapwaves AB's Gross Margin % falls into.


LTS:0GF1
77GF Score
Gapwaves AB LTS:0GF1
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gapwaves AB Gross Margin % Calculation

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

Gapwaves AB'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 )
=43.6 / 90.659
=(Revenue - Cost of Goods Sold) / Revenue
=(90.659 - 47.072) / 90.659
=48.08 %

Gapwaves AB's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=6.7 / 13.064
=(Revenue - Cost of Goods Sold) / Revenue
=(13.064 - 6.375) / 13.064
=51.20 %

* 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 51.20% mean?
Gapwaves AB (LTS:0GF1) has a Gross Margin % of 51.20% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Gapwaves AB and its competitors. This is 22% below median its historical median of 66.06. Over the past decade, Gapwaves AB's Gross Margin % has ranged from 38.97 to 708.70. According to the industry distribution chart, Gapwaves AB ranks #619 out of 2455 companies in the Hardware industry, placing it in the top 25.2%.
Is Gapwaves AB's Gross Margin % too high?
Gapwaves AB's current Gross Margin % of 51.20% is 22% below median its 10-year median of 66.06. Over the past 10 years, this metric has ranged from a low of 38.97 to a high of 708.70. The Hardware industry median Gross Margin % is 24.67. Gapwaves AB's value of 51.20% is 107.5% above this industry median. Based on the distribution chart, Gapwaves AB ranks #619 out of 2455 companies in the Hardware industry, which is above the industry midpoint. Overall, Gapwaves AB has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Gapwaves AB's Gross Margin % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Gapwaves AB ranks #619 out of 2455 companies for Gross Margin %. This puts Gapwaves AB in the upper half of its industry. The industry median Gross Margin % is 24.67. Gapwaves AB's value of 51.20% is 107.5% above this benchmark. Historically, Gapwaves AB's own Gross Margin % has ranged from 38.97 to 708.70 over the past decade. While the company's 10-year median is 66.06 vs. the industry median of 24.67, Gapwaves AB 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.67, based on 2,455 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. Gapwaves AB's current Gross Margin % of 51.20% is 107.5% 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 Gapwaves AB and its competitors. For the Hardware industry, the median Gross Margin % is 24.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gapwaves AB's current Gross Margin % is 51.20%, which is 22% below median its own 10-year median of 66.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gapwaves AB stock overvalued right now?
Gapwaves AB (LTS:0GF1) has a current Gross Margin % of 51.20%. The stock's GF Value™ is kr26.72, compared to a current price of kr17.54 — trading 34.4% below its estimated fair value. The current Gross Margin % is 51.20%, which is 22% below median its 10-year median of 66.06 and 107.5% above the Hardware industry median of 24.67. Gapwaves AB's overall GF Score™ is 77/100 with 4 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 Gapwaves AB (LTS:0GF1), the current Gross Margin % is 51.20% as of Jun. 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 Gapwaves AB (LTS:0GF1) Overvalued in 2026?

Based on GuruFocus' analysis, Gapwaves AB stock appears to be undervalued. The current stock price of kr17.54 is trading 34.4% below its estimated GF Value™ of kr26.72.

Key valuation signals for LTS:0GF1:

  • Gross Margin %: 51.20% (22% below median its 10-year median of 66.06)
  • GF Value™: kr26.72 vs. price of kr17.54 (34.4% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 107.5% above the Hardware median (#619 of 2455)

No single metric tells the full story. See the LTS:0GF1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gapwaves AB Business Description

Other Exchanges GAPW B:SwedenGW3:Germany
Address Nellickevagen 22, Goteborg, SWE, SE- 412 63
Gapwaves AB is a Swedish technology company that develops, designs, manufactures, and delivers wireless solutions based on its patented waveguide technology for millimeter wave applications. Its products are mainly used in antennas for radar systems that support driver assistance, autonomous driving, and automotive safety solutions, along with applications in industrial automation, telecom, smart cities, and civil military sectors. It focuses on two key markets for waveguide antennas, namely radar and wireless communication, and is expanding the use of its technology in both areas. Its segments are Automotive, Smart Cities, Mobility, and Defense, each covering a range of growing application areas, and it has a geographic presence in Sweden, the European Union, and the rest of the world.
77GF Score

Get the complete analysis for LTS:0GF1

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

kr17.54
Price
kr26.72
GF Value