Gross Margin % is calculated as gross profit divided by its revenue. Fly Play hf's Gross Profit for the
three
months ended in Jun. 2025 was kr-593 Mil. Fly Play hf's Revenue for the
three
months ended in Jun. 2025 was kr8,958 Mil. Therefore, Fly Play hf's Gross Margin % for the quarter that ended in Jun. 2025 was -6.62%.
The historical rank and industry rank for Fly Play hf's Gross Margin % or its related term are showing as below:
OISE:PLAY'
s Gross Margin % Range Over the Past 10 Years
Min: -115.05 Med: -12.46 Max: -1.15
Current: -1.32
During the past 6 years, the highestGross Margin % of Fly Play hf was -1.15%. The lowest was -115.05%. And the median was -12.46%.
OISE:PLAY's Gross Margin % is not ranked
in the Transportation industry.
Industry Median: 20.42
vs OISE:PLAY: -1.32
Fly Play hf had a gross margin of -6.62% for the quarter that ended in Jun. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Fly Play hf was 0.00% per year.
Fly Play hf (OISE:PLAY) 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
Fly Play hf had a gross margin of -6.62% for the quarter that ended in Jun. 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.
Fly Play hf Gross Margin % Related Terms
Fly Play hf Gross Margin % Historical Data
* Premium members only.
The historical data trend for Fly Play hf'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.
OISE:PLAY vs DAL, UAL, LUV: Gross Margin % Comparison
For the Airlines subindustry, Fly Play hf'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.
Fly Play hf Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Fly Play hf's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Fly Play hf'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.
Fly Play hf (OISE:PLAY) has a Gross Margin % of -6.62% as of Jun. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Fly Play hf and its competitors.
Is Fly Play hf's Gross Margin % too high?
Fly Play hf's current Gross Margin % is -6.62%. Overall, Fly Play hf has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Fly Play hf's Gross Margin % compare to DAL and UAL?
Fly Play hf's Gross Margin % of -6.62% can be compared against companies in the Transportation industry. The industry median Gross Margin % is 20.42. 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 985 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 Fly Play hf 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. Fly Play hf's current Gross Margin % is -6.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fly Play hf stock overvalued right now?
Fly Play hf (OISE:PLAY) has a current Gross Margin % of -6.62%. The stock's GF Value™ is kr2.40, compared to a current price of kr0.45 — trading 81.4% below its estimated fair value. The current Gross Margin % is -6.62%. Fly Play hf's overall GF Score™ is 9/100 with 2 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 Fly Play hf (OISE:PLAY), the current Gross Margin % is -6.62% as of Jun. 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 Fly Play hf (OISE:PLAY) Overvalued in 2026?
Based on GuruFocus' analysis, Fly Play hf stock appears to be undervalued.
The current stock price of kr0.45 is trading 81.4% below its estimated GF Value™ of kr2.40.
Key valuation signals for OISE:PLAY:
Gross Margin %: -6.62%
GF Value™: kr2.40 vs. price of kr0.45 (81.4% below fair value)
No single metric tells the full story. See the OISE:PLAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fly Play hf is an Icelandic low-cost airline operating flights between North America and Europe. It operates a fleet of Airbus aircraft, with its main hub at Keflavik International Airport. The airline offers a range of related services, including food and beverages, as well as booking services for its customers.
9GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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