Bevest ASA (LTS:0N0L) Gross Margin %: 58.06% (As of Mar. 2026) — 17% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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LTS:0N0L Bevest ASA LTS:0N0L
56 GF Score
Price kr22.30
GF Value kr99.87
Valuation Possible Value Trap
! 6 Warning Signs
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What is Bevest ASA Gross Margin %?

Bevest ASA LTS:0N0L 56 Gross Margin % is 58.06% as of Mar. 2026, which is 17% below its 10-year median of 70.10. GuruFocus rates LTS:0N0L with a GF Score™ of 56/100 and a GF Value™ of kr99.87 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 548 Asset Management companies, Bevest ASA ranks better than 50.55% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bevest ASA's Gross Profit for the three months ended in Mar. 2026 was kr1,425 Mil. Bevest ASA's Revenue for the three months ended in Mar. 2026 was kr2,455 Mil. Therefore, Bevest ASA's Gross Margin % for the quarter that ended in Mar. 2026 was 58.06%.

Warning Sign:

Bevest ASA gross margin has been in long-term decline. The average rate of decline per year is -22.1%.


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

LTS:0N0L' s Gross Margin % Range Over the Past 10 Years
Min: 15.56   Med: 70.1   Max: 99.45
Current: 58.27


During the past 13 years, the highest Gross Margin % of Bevest ASA was 99.45%. The lowest was 15.56%. And the median was 70.10%.

LTS:0N0L's Gross Margin % is ranked better than
50.55% of 548 companies
in the Asset Management industry
Industry Median: 56.535 vs LTS:0N0L: 58.27

Bevest ASA had a gross margin of 58.06% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bevest ASA was -22.10% per year.


Bevest ASA  (LTS:0N0L) 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

Bevest ASA had a gross margin of 58.06% for the quarter that ended in Mar. 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.


Bevest ASA Gross Margin % Related Terms


Bevest ASA Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bevest ASA'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.

Bevest ASA Gross Margin % Chart

Bevest ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.54 99.45 98.78 31.01 33.11

Bevest ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 57.85 57.96 57.92 59.18 58.06

LTS:0N0L vs BLK, BX, KKR: Gross Margin % Comparison

For the Asset Management subindustry, Bevest ASA'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.


Bevest ASA Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bevest ASA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bevest ASA's Gross Margin % falls into.


LTS:0N0L
56GF Score
Bevest ASA LTS:0N0L
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bevest ASA Gross Margin % Calculation

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

Bevest ASA'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 )
=3189.1 / 9632.2
=(Revenue - Cost of Goods Sold) / Revenue
=(9632.2 - 6443.1) / 9632.2
=33.11 %

Bevest ASA's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1425.1 / 2454.6
=(Revenue - Cost of Goods Sold) / Revenue
=(2454.6 - 1029.5) / 2454.6
=58.06 %

* 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 58.06% mean?
Bevest ASA (LTS:0N0L) has a Gross Margin % of 58.06% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bevest ASA and its competitors. This is 17% below median its historical median of 70.10. Over the past decade, Bevest ASA's Gross Margin % has ranged from 15.56 to 99.45. According to the industry distribution chart, Bevest ASA ranks #271 out of 548 companies in the Asset Management industry, placing it in the top 49.5%.
Is Bevest ASA's Gross Margin % too high?
Bevest ASA's current Gross Margin % of 58.06% is 17% below median its 10-year median of 70.10. Over the past 10 years, this metric has ranged from a low of 15.56 to a high of 99.45. The Asset Management industry median Gross Margin % is 56.54. Bevest ASA's value of 58.06% is 2.7% above this industry median. Based on the distribution chart, Bevest ASA ranks #271 out of 548 companies in the Asset Management industry, which is above the industry midpoint. Overall, Bevest ASA has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bevest ASA's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Bevest ASA ranks #271 out of 548 companies for Gross Margin %. This puts Bevest ASA in the upper half of its industry. The industry median Gross Margin % is 56.54. Bevest ASA's value of 58.06% is 2.7% above this benchmark. Historically, Bevest ASA's own Gross Margin % has ranged from 15.56 to 99.45 over the past decade. While the company's 10-year median is 70.10 vs. the industry median of 56.54, Bevest ASA 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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 56.54, based on 548 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. Bevest ASA's current Gross Margin % of 58.06% is 2.7% 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 Bevest ASA and its competitors. For the Asset Management industry, the median Gross Margin % is 56.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bevest ASA's current Gross Margin % is 58.06%, which is 17% below median its own 10-year median of 70.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bevest ASA stock overvalued right now?
Based on GuruFocus' analysis, Bevest ASA (LTS:0N0L) is currently considered Possible Value Trap. The stock's GF Value™ is kr99.87, compared to a current price of kr22.30 — trading 77.7% below its estimated fair value. The current Gross Margin % is 58.06%, which is 17% below median its 10-year median of 70.10 and 2.7% above the Asset Management industry median of 56.54. Bevest ASA's overall GF Score™ is 56/100 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 Bevest ASA (LTS:0N0L), the current Gross Margin % is 58.06% 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 Bevest ASA (LTS:0N0L) Overvalued in 2026?

Based on GuruFocus' analysis, Bevest ASA stock appears to be undervalued. The current stock price of kr22.30 is trading 77.7% below its estimated GF Value™ of kr99.87. GuruFocus considers Bevest ASA to be Possible Value Trap.

Key valuation signals for LTS:0N0L:

  • Gross Margin %: 58.06% (17% below median its 10-year median of 70.10)
  • GF Value™: kr99.87 vs. price of kr22.30 (77.7% below fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 2.7% above the Asset Management median (#271 of 548)

No single metric tells the full story. See the LTS:0N0L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bevest ASA Business Description

Other Exchanges BINT:Norway5FM0:Germany
Address Dyre Halses gate 1A, Trondheim, NOR, 7042
Bevest ASA is engaged in investment and ownership activities in sectors including industrial production, real estate, and seafood. It operates through portfolio companies across multiple countries and follows a long-term ownership approach in managing its investments.
56GF Score

Get the complete analysis for LTS:0N0L

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

kr22.30
Price
kr99.87
GF Value