Grand Harbour MarinaMAL:GHM 49 Gross Margin % is 75.42% as of Dec. 2025, which is 4% below its 10-year median of 78.45. GuruFocus rates MAL:GHM with a GF Score™ of 49/100 and a GF Value™ of €0.80 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 792 Travel & Leisure companies, Grand Harbour Marina ranks better than 86.11% on this metric.
Grand Harbour Marina PLC gross margin has been in long-term decline. The average rate of decline per year is -2.1%.
The historical rank and industry rank for Grand Harbour Marina's Gross Margin % or its related term are showing as below:
MAL:GHM'
s Gross Margin % Range Over the Past 10 Years
Min: 68.86 Med: 78.45 Max: 81.58
Current: 76.15
During the past 13 years, the highestGross Margin % of Grand Harbour Marina was 81.58%. The lowest was 68.86%. And the median was 78.45%.
MAL:GHM's Gross Margin % is ranked better than 86.11% of 792
companies
in the Travel & Leisure industry
Industry Median: 43.79
vs MAL:GHM: 76.15
Grand Harbour Marina had a gross margin of 75.42% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Grand Harbour Marina was -2.10% per year.
Grand Harbour Marina (MAL:GHM) 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
Grand Harbour Marina had a gross margin of 75.42% for the quarter that ended in Dec. 2025 => 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.
Grand Harbour Marina Gross Margin % Related Terms
Grand Harbour Marina Gross Margin % Historical Data
* Premium members only.
The historical data trend for Grand Harbour Marina'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.
MAL:GHM vs AS, HAS, LTH: Gross Margin % Comparison
For the Leisure subindustry, Grand Harbour Marina'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.
Grand Harbour Marina Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Grand Harbour Marina's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Grand Harbour Marina'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.
Grand Harbour Marina (MAL:GHM) has a Gross Margin % of 75.42% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Grand Harbour Marina and its competitors. This is near median its historical median of 78.45. Over the past decade, Grand Harbour Marina's Gross Margin % has ranged from 68.86 to 81.58. According to the industry distribution chart, Grand Harbour Marina ranks #110 out of 792 companies in the Travel & Leisure industry, placing it in the top 13.9%.
Is Grand Harbour Marina's Gross Margin % too high?
Grand Harbour Marina's current Gross Margin % of 75.42% is near median its 10-year median of 78.45. Over the past 10 years, this metric has ranged from a low of 68.86 to a high of 81.58. The Travel & Leisure industry median Gross Margin % is 43.79. Grand Harbour Marina's value of 75.42% is 72.2% above this industry median. Based on the distribution chart, Grand Harbour Marina ranks #110 out of 792 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Grand Harbour Marina has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Harbour Marina's Gross Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Grand Harbour Marina ranks #110 out of 792 companies for Gross Margin %. This places Grand Harbour Marina in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 43.79. Grand Harbour Marina's value of 75.42% is 72.2% above this benchmark. Historically, Grand Harbour Marina's own Gross Margin % has ranged from 68.86 to 81.58 over the past decade. While the company's 10-year median is 78.45 vs. the industry median of 43.79, Grand Harbour Marina 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.79, based on 792 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. Grand Harbour Marina's current Gross Margin % of 75.42% is 72.2% 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 Grand Harbour Marina and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Harbour Marina's current Gross Margin % is 75.42%, which is near median its own 10-year median of 78.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Harbour Marina stock overvalued right now?
Based on GuruFocus' analysis, Grand Harbour Marina (MAL:GHM) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.80, compared to a current price of €0.95 — trading 18.8% above its estimated fair value. The current Gross Margin % is 75.42%, which is near median its 10-year median of 78.45 and 72.2% above the Travel & Leisure industry median of 43.79. Grand Harbour Marina's overall GF Score™ is 49/100 with 8 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 Grand Harbour Marina (MAL:GHM), the current Gross Margin % is 75.42% 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 Grand Harbour Marina (MAL:GHM) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Harbour Marina stock appears to be overvalued.
The current stock price of €0.95 is trading 18.8% above its estimated GF Value™ of €0.80.
GuruFocus considers Grand Harbour Marina to be Modestly Overvalued.
Key valuation signals for MAL:GHM:
Gross Margin %: 75.42% (near median its 10-year median of 78.45)
GF Value™: €0.80 vs. price of €0.95 (18.8% above fair value)
Industry Position: 72.2% above the Travel & Leisure median (#110 of 792)
No single metric tells the full story. See the MAL:GHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Harbour Marina PLC is a Malta-based marina company. The principal business activities of the company and its joint venture are acquiring, developing, operating, and managing marinas. The group has two reportable segments, Grand Harbour Marina and IC Cesme Marina. The business operates in each of these two operating segments in the ownership and operation of marina facilities providing berthing and ancillary services for yachts and super-yachts. It generates maximum revenue from the Grand Harbour Marina segment.
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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