Accordant Group (NZSE:AGL) Gross Margin %: 98.85% (As of Mar. 2026) — Near Median


NZSE:AGL Accordant Group Ltd NZSE:AGL
33 GF Score
Price NZ$0.15
GF Value NZ$0.38
Valuation Possible Value Trap
! 7 Warning Signs
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What is Accordant Group Gross Margin %?

Accordant Group NZSE:AGL 33 Gross Margin % is 98.85% as of Mar. 2026, which is 0% below its 10-year median of 98.99. GuruFocus rates NZSE:AGL with a GF Score™ of 33/100 and a GF Value™ of NZ$0.38 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,005 Business Services companies, Accordant Group ranks better than 98.11% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Accordant Group's Gross Profit for the six months ended in Mar. 2026 was NZ$82.1 Mil. Accordant Group's Revenue for the six months ended in Mar. 2026 was NZ$83.1 Mil. Therefore, Accordant Group's Gross Margin % for the quarter that ended in Mar. 2026 was 98.85%.


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

NZSE:AGL' s Gross Margin % Range Over the Past 10 Years
Min: 98.75   Med: 98.99   Max: 99.26
Current: 98.97


During the past 13 years, the highest Gross Margin % of Accordant Group was 99.26%. The lowest was 98.75%. And the median was 98.99%.

NZSE:AGL's Gross Margin % is ranked better than
98.11% of 1005 companies
in the Business Services industry
Industry Median: 34.46 vs NZSE:AGL: 98.97

Accordant Group had a gross margin of 98.85% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Accordant Group was 0.10% per year.


Accordant Group  (NZSE:AGL) 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

Accordant Group had a gross margin of 98.85% 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.


Accordant Group Gross Margin % Related Terms


Accordant Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Accordant Group'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.

Accordant Group Gross Margin % Chart

Accordant Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.93 99.04 98.93 99.26 98.97

Accordant Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 98.85 99.38 99.11 99.08 98.85

NZSE:AGL vs KFY, RHI, TNET: Gross Margin % Comparison

For the Staffing & Employment Services subindustry, Accordant Group'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.


Accordant Group Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Accordant Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Accordant Group's Gross Margin % falls into.


NZSE:AGL
33GF Score
Accordant Group Ltd NZSE:AGL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Accordant Group Gross Margin % Calculation

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

Accordant Group's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=163.4 / 165.125
=(Revenue - Cost of Goods Sold) / Revenue
=(165.125 - 1.709) / 165.125
=98.97 %

Accordant Group'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 )
=82.1 / 83.096
=(Revenue - Cost of Goods Sold) / Revenue
=(83.096 - 0.95700000000001) / 83.096
=98.85 %

* 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 98.85% mean?
Accordant Group (NZSE:AGL) has a Gross Margin % of 98.85% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Accordant Group and its competitors. This is near median its historical median of 98.99. Over the past decade, Accordant Group's Gross Margin % has ranged from 98.75 to 99.26. According to the industry distribution chart, Accordant Group ranks #19 out of 1005 companies in the Business Services industry, placing it in the top 1.9%.
Is Accordant Group's Gross Margin % too high?
Accordant Group's current Gross Margin % of 98.85% is near median its 10-year median of 98.99. Over the past 10 years, this metric has ranged from a low of 98.75 to a high of 99.26. The Business Services industry median Gross Margin % is 34.46. Accordant Group's value of 98.85% is 186.9% above this industry median. Based on the distribution chart, Accordant Group ranks #19 out of 1005 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Accordant Group has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Accordant Group's Gross Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, Accordant Group ranks #19 out of 1005 companies for Gross Margin %. This places Accordant Group in the top 2% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 34.46. Accordant Group's value of 98.85% is 186.9% above this benchmark. Historically, Accordant Group's own Gross Margin % has ranged from 98.75 to 99.26 over the past decade. While the company's 10-year median is 98.99 vs. the industry median of 34.46, Accordant Group 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.46, based on 1,005 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. Accordant Group's current Gross Margin % of 98.85% is 186.9% 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 Accordant Group and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accordant Group's current Gross Margin % is 98.85%, which is near median its own 10-year median of 98.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accordant Group stock overvalued right now?
Based on GuruFocus' analysis, Accordant Group (NZSE:AGL) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.38, compared to a current price of NZ$0.15 — trading 60.5% below its estimated fair value. The current Gross Margin % is 98.85%, which is near median its 10-year median of 98.99 and 186.9% above the Business Services industry median of 34.46. Accordant Group's overall GF Score™ is 33/100 with 7 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 Accordant Group (NZSE:AGL), the current Gross Margin % is 98.85% 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 Accordant Group (NZSE:AGL) Overvalued in 2026?

Based on GuruFocus' analysis, Accordant Group stock appears to be undervalued. The current stock price of NZ$0.15 is trading 60.5% below its estimated GF Value™ of NZ$0.38. GuruFocus considers Accordant Group to be Possible Value Trap.

Key valuation signals for NZSE:AGL:

  • Gross Margin %: 98.85% (near median its 10-year median of 98.99)
  • GF Value™: NZ$0.38 vs. price of NZ$0.15 (60.5% below fair value)
  • GF Score™: 33/100 with 7 warning signs
  • Industry Position: 186.9% above the Business Services median (#19 of 1005)

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


Accordant Group Business Description

Address 51 Shortland Street, Level 6, Auckland, NTL, NZL, 1010
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: Blue Collar Reporting Segment and White Collar Reporting Segment. Blue Collar Reporting Segment: AWF operates branches under the brand names AWF (throughout New Zealand)and Select (Dunedin), which provide contingent labour hire associated with infrastructure, logistics, manufacturing, technical, and construction. The Work Collective (TWC)provides opportunities for those who face barriers to employment. White Collar Reporting Segment: The White Collar segment provides contingent temporary employees, contractors, permanent placement, and executive search services.
33GF Score

Get the complete analysis for NZSE:AGL

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

NZ$0.15
Price
NZ$0.38
GF Value