NKT ASNRKBF +25.23%82 Gross Margin % is 34.95% as of Mar. 2026, which is 2% above its 10-year median of 34.12. GuruFocus rates NRKBF with a GF Score™ of 82/100 and a GF Value™ of $96.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 3,003 Industrial Products companies, NKT AS ranks better than 67.53% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. NKT AS's Gross Profit for the
three
months ended in Mar. 2026 was $349 Mil. NKT AS's Revenue for the
three
months ended in Mar. 2026 was $999 Mil. Therefore, NKT AS's Gross Margin % for the quarter that ended in Mar. 2026 was 34.95%.
Warning Sign:
NKT AS gross margin has been in long-term decline. The average rate of decline per year is -2%.
The historical rank and industry rank for NKT AS's Gross Margin % or its related term are showing as below:
NRKBF'
s Gross Margin % Range Over the Past 10 Years
Min: 31.89 Med: 34.12 Max: 37.76
Current: 33.97
During the past 13 years, the highestGross Margin % of NKT AS was 37.76%. The lowest was 31.89%. And the median was 34.12%.
NRKBF's Gross Margin % is ranked better than 67.53% of 3003
companies
in the Industrial Products industry
Industry Median: 26.79
vs NRKBF: 33.97
NKT AS had a gross margin of 34.95% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for NKT AS was -2.00% per year.
NKT AS (OTCPK:NRKBF) 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
NKT AS had a gross margin of 34.95% for the quarter that ended in Mar. 2026 => Competition eroding margins
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.
NKT AS Gross Margin % Related Terms
NKT AS Gross Margin % Historical Data
* Premium members only.
The historical data trend for NKT AS'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.
For the Electrical Equipment & Parts subindustry, NKT AS'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.
NKT AS Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NKT AS's Gross Margin % distribution charts can be found below:
* The bar in red indicates where NKT AS'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.
NKT AS (NRKBF) has a Gross Margin % of 34.95% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on NKT AS and its competitors. This is near median its historical median of 34.12. Over the past decade, NKT AS's Gross Margin % has ranged from 31.89 to 37.76. According to the industry distribution chart, NKT AS ranks #975 out of 3003 companies in the Industrial Products industry, placing it in the top 32.5%.
Is NKT AS's Gross Margin % too high?
NKT AS's current Gross Margin % of 34.95% is near median its 10-year median of 34.12. Over the past 10 years, this metric has ranged from a low of 31.89 to a high of 37.76. The Industrial Products industry median Gross Margin % is 26.79. NKT AS's value of 34.95% is 30.5% above this industry median. Based on the distribution chart, NKT AS ranks #975 out of 3003 companies in the Industrial Products industry, which is above the industry midpoint. Overall, NKT AS has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NKT AS's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, NKT AS ranks #975 out of 3003 companies for Gross Margin %. This puts NKT AS in the upper half of its industry. The industry median Gross Margin % is 26.79. NKT AS's value of 34.95% is 30.5% above this benchmark. Historically, NKT AS's own Gross Margin % has ranged from 31.89 to 37.76 over the past decade. While the company's 10-year median is 34.12 vs. the industry median of 26.79, NKT AS 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 Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.79, based on 3,003 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. NKT AS's current Gross Margin % of 34.95% is 30.5% 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 NKT AS and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NKT AS's current Gross Margin % is 34.95%, which is near median its own 10-year median of 34.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NKT AS stock overvalued right now?
Based on GuruFocus' analysis, NKT AS (NRKBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $96.21, compared to a current price of $158.30 — trading 64.5% above its estimated fair value. The current Gross Margin % is 34.95%, which is near median its 10-year median of 34.12 and 30.5% above the Industrial Products industry median of 26.79. NKT AS's overall GF Score™ is 82/100 with 9 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 NKT AS (NRKBF), the current Gross Margin % is 34.95% 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 NKT AS (NRKBF) Overvalued in 2026?
Based on GuruFocus' analysis, NKT AS stock appears to be overvalued.
The current stock price of $158.30 is trading 64.5% above its estimated GF Value™ of $96.21.
GuruFocus considers NKT AS to be Significantly Overvalued.
Key valuation signals for NRKBF:
Gross Margin %: 34.95% (near median its 10-year median of 34.12)
GF Value™: $96.21 vs. price of $158.30 (64.5% above fair value)
Industry Position: 30.5% above the Industrial Products median (#975 of 3003)
No single metric tells the full story. See the NRKBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NKT AS is a Denmark-based provider of cable technology. The company, along with its subsidiaries, operates in the following segments; Solutions, Applications, and Service & Accessories. Maximum revenue is generated from the Solutions segment which caters to the high-voltage power cable market and is involved in the manufacturing and installation of high-voltage cables and products for onshore power transmission and distribution, power-from-shore, cable projects, offshore wind connections, and other projects. This segment also owns and operates a cable-laying vessel, NKT Victoria. Geographically, the company generates maximum revenue from Germany followed by the United States of America, the United Kingdom, Poland, Norway, Denmark, and other regions.
82GF Score
Get the complete analysis for NRKBF
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NRKBF has been successfully added to your 
