Tivoli AS (OCSE:TIV) Gross Margin %: 0.00% (As of Mar. 2026)


OCSE:TIV Tivoli AS OCSE:TIV
78 GF Score
Price kr624.00
GF Value kr739.30
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Tivoli AS Gross Margin %?

Tivoli AS OCSE:TIV -0.64% 78 Gross Margin % is 0.00% as of Mar. 2026. GuruFocus rates OCSE:TIV with a GF Score™ of 78/100 and a GF Value™ of kr739.30 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 792 Travel & Leisure companies, Tivoli AS ranks worse than 126262.5% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tivoli AS's Gross Profit for the three months ended in Mar. 2026 was kr81 Mil. Tivoli AS's Revenue for the three months ended in Mar. 2026 was kr81 Mil. Therefore, Tivoli AS's Gross Margin % for the quarter that ended in Mar. 2026 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


OCSE:TIV's Gross Margin % is not ranked *
in the Travel & Leisure industry.
Industry Median: 43.79
* Ranked among companies with meaningful Gross Margin % only.

Tivoli AS had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tivoli AS was 0.00% per year.


Tivoli AS  (OCSE:TIV) 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

Tivoli AS had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable 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.


Tivoli AS Gross Margin % Related Terms


Tivoli AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tivoli 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.

Tivoli AS Gross Margin % Chart

Tivoli 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 0.00 0.00 0.00 0.00 0.00

Tivoli 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 0.00 0.00 0.00 0.00 0.00

OCSE:TIV vs AS, HAS, LTH: Gross Margin % Comparison

For the Leisure subindustry, Tivoli 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.


Tivoli AS Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tivoli AS's Gross Margin % distribution charts can be found below:

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


OCSE:TIV
78GF Score
Tivoli AS OCSE:TIV
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tivoli AS Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Tivoli 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 )
=1344.7 / 1344.7
=(Revenue - Cost of Goods Sold) / Revenue
=(1344.7 - 0) / 1344.7
=N/A %

Tivoli 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 )
=81.4 / 81.4
=(Revenue - Cost of Goods Sold) / Revenue
=(81.4 - 0) / 81.4
=N/A %

* 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 0.00% mean?
Tivoli AS (OCSE:TIV) has a Gross Margin % of 0.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tivoli AS and its competitors. According to the industry distribution chart, Tivoli AS ranks #999999 out of 792 companies in the Travel & Leisure industry.
Is Tivoli AS's Gross Margin % too high?
Tivoli AS's current Gross Margin % is 0.00%. Based on the distribution chart, Tivoli AS ranks #999999 out of 792 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Tivoli AS has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tivoli AS's Gross Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Tivoli AS ranks #999999 out of 792 companies for Gross Margin %. This places Tivoli AS in the lower half of its industry. The industry median Gross Margin % is 43.79. 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.79, based on 792 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. 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 Tivoli AS and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tivoli AS's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tivoli AS stock overvalued right now?
Based on GuruFocus' analysis, Tivoli AS (OCSE:TIV) is currently considered Modestly Undervalued. The stock's GF Value™ is kr739.30, compared to a current price of kr624.00 — trading 15.6% below its estimated fair value. The current Gross Margin % is 0.00%. Tivoli AS's overall GF Score™ is 78/100 with 1 warning sign 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 Tivoli AS (OCSE:TIV), the current Gross Margin % is 0.00% 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 Tivoli AS (OCSE:TIV) Overvalued in 2026?

Based on GuruFocus' analysis, Tivoli AS stock appears to be undervalued. The current stock price of kr624.00 is trading 15.6% below its estimated GF Value™ of kr739.30. GuruFocus considers Tivoli AS to be Modestly Undervalued.

Key valuation signals for OCSE:TIV:

  • Gross Margin %: 0.00%
  • GF Value™: kr739.30 vs. price of kr624.00 (15.6% below fair value)
  • GF Score™: 78/100 with 1 warning sign

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


Tivoli AS Business Description

Address Vesterbrogade 3, Copenhagen, DNK, 1630
Tivoli AS operates Tivoli amusement park, located in central Copenhagen. It provides services like rides, music, entertainment, food, and drink. Its amusement park includes a green park, a concert hall, a theatre, and a circus. The company operates in six business segments: Games, Food & Beverage, High-End, Enterprise Rental, Sales, and Culture. It generates the majority of its revenue from the Sales segment.
78GF Score

Get the complete analysis for OCSE:TIV

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

kr624.00
Price
kr739.30
GF Value