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Pallas AirOHEL:PALLAS 44 Gross Margin % is 5.96% as of Dec. 2025, which is 85% below its 10-year median of 38.78. GuruFocus rates OHEL:PALLAS with a GF Score™ of 44/100 and a GF Value™ of €1.09 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 2,455 Hardware companies, Pallas Air ranks better than 61.22% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Pallas Air's Gross Profit for the
six
months ended in Dec. 2025 was €0.21 Mil. Pallas Air's Revenue for the
six
months ended in Dec. 2025 was €3.47 Mil. Therefore, Pallas Air's Gross Margin % for the quarter that ended in Dec. 2025 was 5.96%.
Warning Sign:
Pallas Air PLC gross margin has been in long-term decline. The average rate of decline per year is -9.9%.
The historical rank and industry rank for Pallas Air's Gross Margin % or its related term are showing as below:
OHEL:PALLAS'
s Gross Margin % Range Over the Past 10 Years
Min: 17.75 Med: 38.78 Max: 64.28
Current: 30.7
During the past 6 years, the highestGross Margin % of Pallas Air was 64.28%. The lowest was 17.75%. And the median was 38.78%.
OHEL:PALLAS's Gross Margin % is ranked better than 61.22% of 2455
companies
in the Hardware industry
Industry Median: 24.5
vs OHEL:PALLAS: 30.70
Pallas Air had a gross margin of 5.96% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Pallas Air was -9.90% per year.
Pallas Air (OHEL:PALLAS) 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
Pallas Air had a gross margin of 5.96% for the quarter that ended in Dec. 2025 => 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.
Pallas Air Gross Margin % Related Terms
Pallas Air Gross Margin % Historical Data
* Premium members only.
The historical data trend for Pallas Air'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.
For the Consumer Electronics subindustry, Pallas Air'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.
Pallas Air Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Pallas Air's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Pallas Air'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.
Pallas Air (OHEL:PALLAS) has a Gross Margin % of 5.96% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Pallas Air and its competitors. This is 85% below median its historical median of 38.78. Over the past decade, Pallas Air's Gross Margin % has ranged from 17.75 to 64.28. According to the industry distribution chart, Pallas Air ranks #952 out of 2455 companies in the Hardware industry, placing it in the top 38.8%.
Is Pallas Air's Gross Margin % too high?
Pallas Air's current Gross Margin % of 5.96% is 85% below median its 10-year median of 38.78. Over the past 10 years, this metric has ranged from a low of 17.75 to a high of 64.28. The Hardware industry median Gross Margin % is 24.50. Pallas Air's value of 5.96% is 75.7% below this industry median. Based on the distribution chart, Pallas Air ranks #952 out of 2455 companies in the Hardware industry, which is above the industry midpoint. Overall, Pallas Air has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pallas Air's Gross Margin % compare to AAPL?
According to the Hardware industry distribution chart, Pallas Air ranks #952 out of 2455 companies for Gross Margin %. This puts Pallas Air in the upper half of its industry. The industry median Gross Margin % is 24.50. Pallas Air's value of 5.96% is 75.7% below this benchmark. Historically, Pallas Air's own Gross Margin % has ranged from 17.75 to 64.28 over the past decade. While the company's 10-year median is 38.78 vs. the industry median of 24.50, Pallas Air 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.50, based on 2,455 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. Pallas Air's current Gross Margin % of 5.96% is 75.7% 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 Pallas Air and its competitors. For the Hardware industry, the median Gross Margin % is 24.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pallas Air's current Gross Margin % is 5.96%, which is 85% below median its own 10-year median of 38.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pallas Air stock overvalued right now?
Based on GuruFocus' analysis, Pallas Air (OHEL:PALLAS) is currently considered Possible Value Trap. The stock's GF Value™ is €1.09, compared to a current price of €0.54 — trading 50.5% below its estimated fair value. The current Gross Margin % is 5.96%, which is 85% below median its 10-year median of 38.78 and 75.7% below the Hardware industry median of 24.50. Pallas Air's overall GF Score™ is 44/100 with 9 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 Pallas Air (OHEL:PALLAS), the current Gross Margin % is 5.96% as of Dec. 2025. 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 Pallas Air (OHEL:PALLAS) Overvalued in 2026?
Based on GuruFocus' analysis, Pallas Air stock appears to be undervalued.
The current stock price of €0.54 is trading 50.5% below its estimated GF Value™ of €1.09.
GuruFocus considers Pallas Air to be Possible Value Trap.
Key valuation signals for OHEL:PALLAS:
Gross Margin %: 5.96% (85% below median its 10-year median of 38.78)
GF Value™: €1.09 vs. price of €0.54 (50.5% below fair value)
Industry Position: 75.7% below the Hardware median (#952 of 2455)
No single metric tells the full story. See the OHEL:PALLAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pallas Air PLC is a Finnish technology company offering clean breathing air solutions. It is engaged in the development and manufacturing of various types of products that enable cleaner and healthier breathing air. The company's business is divided into three primary areas: air purifiers, respirators and surgical mouthguards, and ventilation hygiene products.
44GF Score
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