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
Codere Online Luxembourg had a gross margin of 95.93% 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.
Codere Online Luxembourg Gross Margin % Related Terms
Codere Online Luxembourg Gross Margin % Historical Data
* 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.
MEX:CDRON vs INSE, GAMB, ROLR: Gross Margin % Comparison
For the Gambling subindustry, Codere Online Luxembourg'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.
Codere Online Luxembourg Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Codere Online Luxembourg's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Codere Online Luxembourg'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.
Codere Online Luxembourg (MEX:CDRON) has a Gross Margin % of 95.93% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Codere Online Luxembourg and its competitors. This is near median its historical median of 96.04. Over the past decade, Codere Online Luxembourg's Gross Margin % has ranged from 93.96 to 96.36. According to the industry distribution chart, Codere Online Luxembourg ranks #17 out of 793 companies in the Travel & Leisure industry, placing it in the top 2.1%.
Is Codere Online Luxembourg's Gross Margin % too high?
Codere Online Luxembourg's current Gross Margin % of 95.93% is near median its 10-year median of 96.04. Over the past 10 years, this metric has ranged from a low of 93.96 to a high of 96.36. The Travel & Leisure industry median Gross Margin % is 44.02. Codere Online Luxembourg's value of 95.93% is 117.9% above this industry median. Based on the distribution chart, Codere Online Luxembourg ranks #17 out of 793 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Codere Online Luxembourg has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Codere Online Luxembourg's Gross Margin % compare to INSE and GAMB?
According to the Travel & Leisure industry distribution chart, Codere Online Luxembourg ranks #17 out of 793 companies for Gross Margin %. This places Codere Online Luxembourg in the top 2% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 44.02. Codere Online Luxembourg's value of 95.93% is 117.9% above this benchmark. Historically, Codere Online Luxembourg's own Gross Margin % has ranged from 93.96 to 96.36 over the past decade. While the company's 10-year median is 96.04 vs. the industry median of 44.02, Codere Online Luxembourg 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 44.02, 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. Codere Online Luxembourg's current Gross Margin % of 95.93% is 117.9% 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 Codere Online Luxembourg and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 44.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Codere Online Luxembourg's current Gross Margin % is 95.93%, which is near median its own 10-year median of 96.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Codere Online Luxembourg stock overvalued right now?
Codere Online Luxembourg (MEX:CDRON) has a current Gross Margin % of 95.93%. The stock's GF Value™ is MXN144.85, compared to a current price of MXN155.00 — trading 7% above its estimated fair value. The current Gross Margin % is 95.93%, which is near median its 10-year median of 96.04 and 117.9% above the Travel & Leisure industry median of 44.02. Codere Online Luxembourg's overall GF Score™ is 74/100 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 Codere Online Luxembourg (MEX:CDRON), the current Gross Margin % is 95.93% 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 Codere Online Luxembourg (MEX:CDRON) Overvalued in 2026?
Based on GuruFocus' analysis, Codere Online Luxembourg stock appears to be overvalued.
The current stock price of MXN155.00 is trading 7% above its estimated GF Value™ of MXN144.85.
Key valuation signals for MEX:CDRON:
Gross Margin %: 95.93% (near median its 10-year median of 96.04)
GF Value™: MXN144.85 vs. price of MXN155.00 (7% above fair value)
Industry Position: 117.9% above the Travel & Leisure median (#17 of 793)
No single metric tells the full story. See the MEX:CDRON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Mexico, Colombia, and Other countries, where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. The company derives maximum revenue from Mexico.
74GF Score
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