TCM Group ASOCSE:TCM 87 Gross Margin % is 23.26% as of Mar. 2026, which is 6% below its 10-year median of 24.80. GuruFocus rates OCSE:TCM with a GF Score™ of 87/100 and a GF Value™ of kr73.39 (Fairly Valued). The stock has 4 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, TCM Group AS ranks worse than 67.23% on this metric.
TCM Group AS gross margin has been in long-term decline. The average rate of decline per year is -2.9%.
The historical rank and industry rank for TCM Group AS's Gross Margin % or its related term are showing as below:
OCSE:TCM'
s Gross Margin % Range Over the Past 10 Years
Min: 19.91 Med: 24.8 Max: 30.48
Current: 23.24
During the past 12 years, the highestGross Margin % of TCM Group AS was 30.48%. The lowest was 19.91%. And the median was 24.80%.
OCSE:TCM's Gross Margin % is ranked worse than 67.23% of 415
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.11
vs OCSE:TCM: 23.24
TCM Group AS had a gross margin of 23.26% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for TCM Group AS was -2.90% per year.
TCM Group AS (OCSE:TCM) 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
TCM Group AS had a gross margin of 23.26% 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.
TCM Group AS Gross Margin % Related Terms
TCM Group AS Gross Margin % Historical Data
* Premium members only.
The historical data trend for TCM 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.
OCSE:TCM vs SN, SGI, MHK: Gross Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, TCM 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.
TCM Group AS Gross Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TCM Group AS's Gross Margin % distribution charts can be found below:
* The bar in red indicates where TCM Group 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.
TCM Group AS (OCSE:TCM) has a Gross Margin % of 23.26% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TCM Group AS and its competitors. This is near median its historical median of 24.80. Over the past decade, TCM Group AS's Gross Margin % has ranged from 19.91 to 30.48. According to the industry distribution chart, TCM Group AS ranks #279 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 67.2%.
Is TCM Group AS's Gross Margin % too high?
TCM Group AS's current Gross Margin % of 23.26% is near median its 10-year median of 24.80. Over the past 10 years, this metric has ranged from a low of 19.91 to a high of 30.48. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.11. TCM Group AS's value of 23.26% is 20.1% below this industry median. Based on the distribution chart, TCM Group AS ranks #279 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, TCM Group AS has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCM Group AS's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, TCM Group AS ranks #279 out of 415 companies for Gross Margin %. This places TCM Group AS in the lower half of its industry. The industry median Gross Margin % is 29.11. TCM Group AS's value of 23.26% is 20.1% below this benchmark. Historically, TCM Group AS's own Gross Margin % has ranged from 19.91 to 30.48 over the past decade. While the company's 10-year median is 24.80 vs. the industry median of 29.11, TCM Group AS has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.11, based on 415 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. TCM Group AS's current Gross Margin % of 23.26% is 20.1% below 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 TCM Group AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCM Group AS's current Gross Margin % is 23.26%, which is near median its own 10-year median of 24.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM Group AS stock overvalued right now?
Based on GuruFocus' analysis, TCM Group AS (OCSE:TCM) is currently considered Fairly Valued. The stock's GF Value™ is kr73.39, compared to a current price of kr69.40 — trading 5.4% below its estimated fair value. The current Gross Margin % is 23.26%, which is near median its 10-year median of 24.80 and 20.1% below the Furnishings, Fixtures & Appliances industry median of 29.11. TCM Group AS's overall GF Score™ is 87/100 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 TCM Group AS (OCSE:TCM), the current Gross Margin % is 23.26% 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 TCM Group AS (OCSE:TCM) Overvalued in 2026?
Based on GuruFocus' analysis, TCM Group AS stock appears to be undervalued.
The current stock price of kr69.40 is trading 5.4% below its estimated GF Value™ of kr73.39.
GuruFocus considers TCM Group AS to be Fairly Valued.
Key valuation signals for OCSE:TCM:
Gross Margin %: 23.26% (near median its 10-year median of 24.80)
GF Value™: kr73.39 vs. price of kr69.40 (5.4% below fair value)
Industry Position: 20.1% below the Furnishings, Fixtures & Appliances median (#279 of 415)
No single metric tells the full story. See the OCSE:TCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private-label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.
87GF Score
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