Frontwalker AB (NGM:FRWA B) Gross Margin %: -53.56% (As of Mar. 2026)


NGM:FRWA B Frontwalker AB NGM:FRWA B
24 GF Score
Price kr0.62
GF Value kr0.10
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Frontwalker AB Gross Margin %?

Frontwalker AB NGM:FRWA B 24 Gross Margin % is -53.56% as of Mar. 2026. GuruFocus rates NGM:FRWA B with a GF Score™ of 24/100 and a GF Value™ of kr0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,677 Software companies, Frontwalker AB ranks worse than 98.13% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Frontwalker AB's Gross Profit for the three months ended in Mar. 2026 was kr-4.95 Mil. Frontwalker AB's Revenue for the three months ended in Mar. 2026 was kr9.24 Mil. Therefore, Frontwalker AB's Gross Margin % for the quarter that ended in Mar. 2026 was -53.56%.


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

NGM:FRWA B' s Gross Margin % Range Over the Past 10 Years
Min: -39.84   Med: 5.13   Max: 63.91
Current: -39.84


During the past 11 years, the highest Gross Margin % of Frontwalker AB was 63.91%. The lowest was -39.84%. And the median was 5.13%.

NGM:FRWA B's Gross Margin % is ranked worse than
98.13% of 2677 companies
in the Software industry
Industry Median: 40.49 vs NGM:FRWA B: -39.84

Frontwalker AB had a gross margin of -53.56% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Frontwalker AB was 0.00% per year.


Frontwalker AB  (NGM:FRWA B) 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

Frontwalker AB had a gross margin of -53.56% for the quarter that ended in Mar. 2026 => No sustainable 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.


Frontwalker AB Gross Margin % Related Terms


Frontwalker AB Gross Margin % Historical Data

* Premium members only.

The historical data trend for Frontwalker 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.

Frontwalker AB Gross Margin % Chart

Frontwalker AB 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 11.91 12.03 4.50 -7.71 -32.31

Frontwalker AB 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 -21.55 -47.66 -26.99 -30.13 -53.56

NGM:FRWA B vs IBM, ACN, FISV: Gross Margin % Comparison

For the Information Technology Services subindustry, Frontwalker 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.


Frontwalker AB Gross Margin % vs Software Industry

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

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


NGM:FRWA B
24GF Score
Frontwalker AB NGM:FRWA B
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Frontwalker AB Gross Margin % Calculation

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

Frontwalker 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 )
=-11.8 / 36.631
=(Revenue - Cost of Goods Sold) / Revenue
=(36.631 - 48.468) / 36.631
=-32.31 %

Frontwalker AB'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 )
=-5 / 9.242
=(Revenue - Cost of Goods Sold) / Revenue
=(9.242 - 14.192) / 9.242
=-53.56 %

* 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 -53.56% mean?
Frontwalker AB (NGM:FRWA B) has a Gross Margin % of -53.56% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Frontwalker AB and its competitors. According to the industry distribution chart, Frontwalker AB ranks #2627 out of 2677 companies in the Software industry, placing it in the top 98.1%.
Is Frontwalker AB's Gross Margin % too high?
Frontwalker AB's current Gross Margin % is -53.56%. Based on the distribution chart, Frontwalker AB ranks #2627 out of 2677 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Frontwalker AB has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frontwalker AB's Gross Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Frontwalker AB ranks #2627 out of 2677 companies for Gross Margin %. This places Frontwalker AB in the lower half of its industry. The industry median Gross Margin % is 40.49. 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 Software company?
The median Gross Margin % among Software companies is 40.49, based on 2,677 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. 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 Frontwalker AB and its competitors. For the Software industry, the median Gross Margin % is 40.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontwalker AB's current Gross Margin % is -53.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontwalker AB stock overvalued right now?
Based on GuruFocus' analysis, Frontwalker AB (NGM:FRWA B) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.10, compared to a current price of kr0.62 — trading 515% above its estimated fair value. The current Gross Margin % is -53.56%. Frontwalker AB's overall GF Score™ is 24/100 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 Frontwalker AB (NGM:FRWA B), the current Gross Margin % is -53.56% 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 Frontwalker AB (NGM:FRWA B) Overvalued in 2026?

Based on GuruFocus' analysis, Frontwalker AB stock appears to be overvalued. The current stock price of kr0.62 is trading 515% above its estimated GF Value™ of kr0.10. GuruFocus considers Frontwalker AB to be Significantly Overvalued.

Key valuation signals for NGM:FRWA B:

  • Gross Margin %: -53.56%
  • GF Value™: kr0.10 vs. price of kr0.62 (515% above fair value)
  • GF Score™: 24/100 with 5 warning signs

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


Frontwalker AB Business Description

Address Industrigatan 17, Harnosand, SWE, 856 53
Frontwalker AB offers commitments regarding developing and managing large customer-specific IT systems and enhancing resources and competence throughout all phases of the system development process.
24GF Score

Get the complete analysis for NGM:FRWA B

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

kr0.62
Price
kr0.10
GF Value