NTG Nordic Transport Group AS (OCSE:NTG) Gross Margin %: 21.82% (As of Mar. 2026) — Near Median


OCSE:NTG NTG Nordic Transport Group AS OCSE:NTG
86 GF Score
Price kr192.40
GF Value kr350.75
Valuation Significantly Undervalued
! 4 Warning Signs
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What is NTG Nordic Transport Group AS Gross Margin %?

NTG Nordic Transport Group AS OCSE:NTG +0.52% 86 Gross Margin % is 21.82% as of Mar. 2026, which is 5% above its 10-year median of 20.74. GuruFocus rates OCSE:NTG with a GF Score™ of 86/100 and a GF Value™ of kr350.75 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 977 Transportation companies, NTG Nordic Transport Group AS ranks better than 58.03% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. NTG Nordic Transport Group AS's Gross Profit for the three months ended in Mar. 2026 was kr651 Mil. NTG Nordic Transport Group AS's Revenue for the three months ended in Mar. 2026 was kr2,983 Mil. Therefore, NTG Nordic Transport Group AS's Gross Margin % for the quarter that ended in Mar. 2026 was 21.82%.


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

OCSE:NTG' s Gross Margin % Range Over the Past 10 Years
Min: 10.28   Med: 20.74   Max: 24.11
Current: 24.11


During the past 13 years, the highest Gross Margin % of NTG Nordic Transport Group AS was 24.11%. The lowest was 10.28%. And the median was 20.74%.

OCSE:NTG's Gross Margin % is ranked better than
58.03% of 977 companies
in the Transportation industry
Industry Median: 20.42 vs OCSE:NTG: 24.11

NTG Nordic Transport Group AS had a gross margin of 21.82% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for NTG Nordic Transport Group AS was 0.40% per year.


NTG Nordic Transport Group AS  (OCSE:NTG) 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

NTG Nordic Transport Group AS had a gross margin of 21.82% 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.


NTG Nordic Transport Group AS Gross Margin % Related Terms


NTG Nordic Transport Group AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for NTG Nordic Transport Group 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.

NTG Nordic Transport Group AS Gross Margin % Chart

NTG Nordic Transport Group 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 20.19 19.68 22.38 21.10 22.70

NTG Nordic Transport Group 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 22.34 23.14 22.34 29.23 21.82

OCSE:NTG vs UPS, FDX, JBHT: Gross Margin % Comparison

For the Integrated Freight & Logistics subindustry, NTG Nordic Transport Group 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.


NTG Nordic Transport Group AS Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, NTG Nordic Transport Group AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where NTG Nordic Transport Group AS's Gross Margin % falls into.


OCSE:NTG
86GF Score
NTG Nordic Transport Group AS OCSE:NTG
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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NTG Nordic Transport Group AS Gross Margin % Calculation

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

NTG Nordic Transport Group 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 )
=2583 / 11377
=(Revenue - Cost of Goods Sold) / Revenue
=(11377 - 8794) / 11377
=22.70 %

NTG Nordic Transport Group 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 )
=651 / 2983
=(Revenue - Cost of Goods Sold) / Revenue
=(2983 - 2332) / 2983
=21.82 %

* 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 21.82% mean?
NTG Nordic Transport Group AS (OCSE:NTG) has a Gross Margin % of 21.82% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on NTG Nordic Transport Group AS and its competitors. This is near median its historical median of 20.74. Over the past decade, NTG Nordic Transport Group AS's Gross Margin % has ranged from 10.28 to 24.11. According to the industry distribution chart, NTG Nordic Transport Group AS ranks #410 out of 977 companies in the Transportation industry, placing it in the top 42%.
Is NTG Nordic Transport Group AS's Gross Margin % too high?
NTG Nordic Transport Group AS's current Gross Margin % of 21.82% is near median its 10-year median of 20.74. Over the past 10 years, this metric has ranged from a low of 10.28 to a high of 24.11. The Transportation industry median Gross Margin % is 20.42. NTG Nordic Transport Group AS's value of 21.82% is 6.9% above this industry median. Based on the distribution chart, NTG Nordic Transport Group AS ranks #410 out of 977 companies in the Transportation industry, which is above the industry midpoint. Overall, NTG Nordic Transport Group AS has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NTG Nordic Transport Group AS's Gross Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, NTG Nordic Transport Group AS ranks #410 out of 977 companies for Gross Margin %. This puts NTG Nordic Transport Group AS in the upper half of its industry. The industry median Gross Margin % is 20.42. NTG Nordic Transport Group AS's value of 21.82% is 6.9% above this benchmark. Historically, NTG Nordic Transport Group AS's own Gross Margin % has ranged from 10.28 to 24.11 over the past decade. While the company's 10-year median is 20.74 vs. the industry median of 20.42, NTG Nordic Transport Group 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 977 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. NTG Nordic Transport Group AS's current Gross Margin % of 21.82% is 6.9% 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 NTG Nordic Transport Group AS and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTG Nordic Transport Group AS's current Gross Margin % is 21.82%, which is near median its own 10-year median of 20.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTG Nordic Transport Group AS stock overvalued right now?
Based on GuruFocus' analysis, NTG Nordic Transport Group AS (OCSE:NTG) is currently considered Significantly Undervalued. The stock's GF Value™ is kr350.75, compared to a current price of kr192.40 — trading 45.1% below its estimated fair value. The current Gross Margin % is 21.82%, which is near median its 10-year median of 20.74 and 6.9% above the Transportation industry median of 20.42. NTG Nordic Transport Group AS's overall GF Score™ is 86/100 with 4 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 NTG Nordic Transport Group AS (OCSE:NTG), the current Gross Margin % is 21.82% 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 NTG Nordic Transport Group AS (OCSE:NTG) Overvalued in 2026?

Based on GuruFocus' analysis, NTG Nordic Transport Group AS stock appears to be undervalued. The current stock price of kr192.40 is trading 45.1% below its estimated GF Value™ of kr350.75. GuruFocus considers NTG Nordic Transport Group AS to be Significantly Undervalued.

Key valuation signals for OCSE:NTG:

  • Gross Margin %: 21.82% (near median its 10-year median of 20.74)
  • GF Value™: kr350.75 vs. price of kr192.40 (45.1% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 6.9% above the Transportation median (#410 of 977)

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


NTG Nordic Transport Group AS Business Description

Other Exchanges NRSA:Germany
Address Hammerholmen 47, Hvidovre, DNK, DK-2650
NTG Nordic Transport Group AS is a Denmark-based transport company. It offers the full range of freight forwarding services and end-to-end solutions within Air & Ocean and Road & Logistics, fueled by people power and technology. Business segments of the company include Road & Logistics and Air & Ocean. The majority of its revenue is earned through the Road & Logistics segment, which provides transport and warehousing solutions with a geographical focus on Europe. Geographically, the revenues are earned in Denmark, Sweden, the USA, Germany, Finland, and other countries, with key revenue derived from Denmark.
86GF Score

Get the complete analysis for OCSE:NTG

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

kr192.40
Price
kr350.75
GF Value