North Media AS (OCSE:NORTHM) Gross Margin %: 46.92% (As of Mar. 2026) — Near Median


OCSE:NORTHM North Media AS OCSE:NORTHM
79 GF Score
Price kr44.00
GF Value kr55.18
Valuation Modestly Undervalued
! 6 Warning Signs
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What is North Media AS Gross Margin %?

North Media AS OCSE:NORTHM +0.46% 79 Gross Margin % is 46.92% as of Mar. 2026, which is 4% below its 10-year median of 49.13. GuruFocus rates OCSE:NORTHM with a GF Score™ of 79/100 and a GF Value™ of kr55.18 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 946 Media - Diversified companies, North Media AS ranks better than 62.9% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. North Media AS's Gross Profit for the three months ended in Mar. 2026 was kr138 Mil. North Media AS's Revenue for the three months ended in Mar. 2026 was kr294 Mil. Therefore, North Media AS's Gross Margin % for the quarter that ended in Mar. 2026 was 46.92%.

Warning Sign:

North Media AS gross margin has been in long-term decline. The average rate of decline per year is -5.3%.


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

OCSE:NORTHM' s Gross Margin % Range Over the Past 10 Years
Min: 45.56   Med: 49.13   Max: 60.03
Current: 47.3


During the past 13 years, the highest Gross Margin % of North Media AS was 60.03%. The lowest was 45.56%. And the median was 49.13%.

OCSE:NORTHM's Gross Margin % is ranked better than
62.9% of 946 companies
in the Media - Diversified industry
Industry Median: 38.91 vs OCSE:NORTHM: 47.30

North Media AS had a gross margin of 46.92% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for North Media AS was -5.30% per year.


North Media AS  (OCSE:NORTHM) 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

North Media AS had a gross margin of 46.92% 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.


North Media AS Gross Margin % Related Terms


North Media AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for North Media 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.

North Media AS Gross Margin % Chart

North Media AS 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 60.03 56.56 55.69 48.00 46.61

North Media AS 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 44.06 49.43 42.77 49.22 46.92

OCSE:NORTHM vs NYT, WLY: Gross Margin % Comparison

For the Publishing subindustry, North Media 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.


North Media AS Gross Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, North Media AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where North Media AS's Gross Margin % falls into.


OCSE:NORTHM
79GF Score
North Media AS OCSE:NORTHM
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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North Media AS Gross Margin % Calculation

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

North Media AS'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 )
=604.1 / 1296
=(Revenue - Cost of Goods Sold) / Revenue
=(1296 - 691.9) / 1296
=46.61 %

North Media AS'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 )
=137.8 / 293.7
=(Revenue - Cost of Goods Sold) / Revenue
=(293.7 - 155.9) / 293.7
=46.92 %

* 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 46.92% mean?
North Media AS (OCSE:NORTHM) has a Gross Margin % of 46.92% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on North Media AS and its competitors. This is near median its historical median of 49.13. Over the past decade, North Media AS's Gross Margin % has ranged from 45.56 to 60.03. According to the industry distribution chart, North Media AS ranks #351 out of 946 companies in the Media - Diversified industry, placing it in the top 37.1%.
Is North Media AS's Gross Margin % too high?
North Media AS's current Gross Margin % of 46.92% is near median its 10-year median of 49.13. Over the past 10 years, this metric has ranged from a low of 45.56 to a high of 60.03. The Media - Diversified industry median Gross Margin % is 38.91. North Media AS's value of 46.92% is 20.6% above this industry median. Based on the distribution chart, North Media AS ranks #351 out of 946 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, North Media AS has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does North Media AS's Gross Margin % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, North Media AS ranks #351 out of 946 companies for Gross Margin %. This puts North Media AS in the upper half of its industry. The industry median Gross Margin % is 38.91. North Media AS's value of 46.92% is 20.6% above this benchmark. Historically, North Media AS's own Gross Margin % has ranged from 45.56 to 60.03 over the past decade. While the company's 10-year median is 49.13 vs. the industry median of 38.91, North Media 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 a Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.91, based on 946 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. North Media AS's current Gross Margin % of 46.92% is 20.6% 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 North Media AS and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Media AS's current Gross Margin % is 46.92%, which is near median its own 10-year median of 49.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Media AS stock overvalued right now?
Based on GuruFocus' analysis, North Media AS (OCSE:NORTHM) is currently considered Modestly Undervalued. The stock's GF Value™ is kr55.18, compared to a current price of kr44.00 — trading 20.3% below its estimated fair value. The current Gross Margin % is 46.92%, which is near median its 10-year median of 49.13 and 20.6% above the Media - Diversified industry median of 38.91. North Media AS's overall GF Score™ is 79/100 with 6 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 North Media AS (OCSE:NORTHM), the current Gross Margin % is 46.92% 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 North Media AS (OCSE:NORTHM) Overvalued in 2026?

Based on GuruFocus' analysis, North Media AS stock appears to be undervalued. The current stock price of kr44.00 is trading 20.3% below its estimated GF Value™ of kr55.18. GuruFocus considers North Media AS to be Modestly Undervalued.

Key valuation signals for OCSE:NORTHM:

  • Gross Margin %: 46.92% (near median its 10-year median of 49.13)
  • GF Value™: kr55.18 vs. price of kr44.00 (20.3% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 20.6% above the Media - Diversified median (#351 of 946)

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


North Media AS Business Description

Other Exchanges 0MQ0:UK
Address Gladsaxe Mollevej 28, Soborg, DNK, DK-2860
North Media AS develops and operates platforms for transactions. These platforms help consumers find the right products, whether looking for groceries, rental housing or digital access management solutions. The company has two core business areas: Last Mile: FK Distribution and SDR Svensk Direktreklam Svensk Direktreklam are the distributors of leaflets and local newspapers in Denmark and Sweden, respectively. Digital Services includes three businesses: BoligPortal is Denmark's home rentals platform, offering services to both landlords and tenants. (Dayli) MineTilbudis a digital offer platform. Bekey provides digital access solutions for secured stairwells and private homes for the use of home care services and companies delivering parcels, groceries, meal services.
79GF Score

Get the complete analysis for OCSE:NORTHM

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

kr44.00
Price
kr55.18
GF Value