CodeMill AB (OSTO:CDMIL) Gross Margin %: 45.20% (As of Mar. 2026) — 85% Above Median


OSTO:CDMIL CodeMill AB OSTO:CDMIL
73 GF Score
Price kr14.85
GF Value kr12.67
Valuation Modestly Overvalued
! 4 Warning Signs
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What is CodeMill AB Gross Margin %?

CodeMill AB OSTO:CDMIL -2.94% 73 Gross Margin % is 45.20% as of Mar. 2026, which is 85% above its 10-year median of 24.46. GuruFocus rates OSTO:CDMIL with a GF Score™ of 73/100 and a GF Value™ of kr12.67 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,681 Software companies, CodeMill AB ranks better than 56.92% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. CodeMill AB's Gross Profit for the three months ended in Mar. 2026 was kr7.15 Mil. CodeMill AB's Revenue for the three months ended in Mar. 2026 was kr15.82 Mil. Therefore, CodeMill AB's Gross Margin % for the quarter that ended in Mar. 2026 was 45.20%.


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

OSTO:CDMIL' s Gross Margin % Range Over the Past 10 Years
Min: -12.36   Med: 24.46   Max: 48.98
Current: 46.19


During the past 7 years, the highest Gross Margin % of CodeMill AB was 48.98%. The lowest was -12.36%. And the median was 24.46%.

OSTO:CDMIL's Gross Margin % is ranked better than
56.92% of 2681 companies
in the Software industry
Industry Median: 40.41 vs OSTO:CDMIL: 46.19

CodeMill AB had a gross margin of 45.20% for the quarter that ended in Mar. 2026 => Durable competitive advantage

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


CodeMill AB  (OSTO:CDMIL) 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

CodeMill AB had a gross margin of 45.20% for the quarter that ended in Mar. 2026 => Durable 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.


CodeMill AB Gross Margin % Related Terms


CodeMill AB Gross Margin % Historical Data

* Premium members only.

The historical data trend for CodeMill AB'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.

CodeMill AB Gross Margin % Chart

CodeMill AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial -12.36 24.46 33.99 43.69 48.98

CodeMill AB 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 55.17 44.79 49.64 45.40 45.20

OSTO:CDMIL vs UBER, SHOP, CRM: Gross Margin % Comparison

For the Software - Application subindustry, CodeMill AB'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.


CodeMill AB Gross Margin % vs Software Industry

For the Software industry and Technology sector, CodeMill AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CodeMill AB's Gross Margin % falls into.


OSTO:CDMIL
73GF Score
CodeMill AB OSTO:CDMIL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CodeMill AB Gross Margin % Calculation

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

CodeMill AB'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 )
=32.9 / 67.185
=(Revenue - Cost of Goods Sold) / Revenue
=(67.185 - 34.28) / 67.185
=48.98 %

CodeMill AB'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 )
=7.2 / 15.818
=(Revenue - Cost of Goods Sold) / Revenue
=(15.818 - 8.668) / 15.818
=45.20 %

* 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 45.20% mean?
CodeMill AB (OSTO:CDMIL) has a Gross Margin % of 45.20% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CodeMill AB and its competitors. This is 85% above median its historical median of 24.46. According to the industry distribution chart, CodeMill AB ranks #1155 out of 2681 companies in the Software industry, placing it in the top 43.1%.
Is CodeMill AB's Gross Margin % too high?
CodeMill AB's current Gross Margin % of 45.20% is 85% above median its 10-year median of 24.46. The Software industry median Gross Margin % is 40.41. CodeMill AB's value of 45.20% is 11.9% above this industry median. Based on the distribution chart, CodeMill AB ranks #1155 out of 2681 companies in the Software industry, which is above the industry midpoint. Overall, CodeMill AB has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CodeMill AB's Gross Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, CodeMill AB ranks #1155 out of 2681 companies for Gross Margin %. This puts CodeMill AB in the upper half of its industry. The industry median Gross Margin % is 40.41. CodeMill AB's value of 45.20% is 11.9% above this benchmark. While the company's 10-year median is 24.46 vs. the industry median of 40.41, CodeMill AB 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 Software company?
The median Gross Margin % among Software companies is 40.41, based on 2,681 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. CodeMill AB's current Gross Margin % of 45.20% is 11.9% 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 CodeMill AB and its competitors. For the Software industry, the median Gross Margin % is 40.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CodeMill AB's current Gross Margin % is 45.20%, which is 85% above median its own 10-year median of 24.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CodeMill AB stock overvalued right now?
Based on GuruFocus' analysis, CodeMill AB (OSTO:CDMIL) is currently considered Modestly Overvalued. The stock's GF Value™ is kr12.67, compared to a current price of kr14.85 — trading 17.2% above its estimated fair value. The current Gross Margin % is 45.20%, which is 85% above median its 10-year median of 24.46 and 11.9% above the Software industry median of 40.41. CodeMill AB's overall GF Score™ is 73/100 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 CodeMill AB (OSTO:CDMIL), the current Gross Margin % is 45.20% 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 CodeMill AB (OSTO:CDMIL) Overvalued in 2026?

Based on GuruFocus' analysis, CodeMill AB stock appears to be overvalued. The current stock price of kr14.85 is trading 17.2% above its estimated GF Value™ of kr12.67. GuruFocus considers CodeMill AB to be Modestly Overvalued.

Key valuation signals for OSTO:CDMIL:

  • Gross Margin %: 45.20% (85% above median its 10-year median of 24.46)
  • GF Value™: kr12.67 vs. price of kr14.85 (17.2% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 11.9% above the Software median (#1155 of 2681)

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


CodeMill AB Business Description

Address Sodra Ersmarksgatan 7, Umea, SWE, 903 36
CodeMill AB is a technology company that offers software development and technical services for video and media companies. The company's products include Accurate Player SDK, Accurate Video and Cantemo, as well as the product service, Digital Service, enable the streamlining of video and film production and distribution, from editing to archiving. Codemill has framework agreements with some of the world's key media companies such as Amazon Studios.
73GF Score

Get the complete analysis for OSTO:CDMIL

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

kr14.85
Price
kr12.67
GF Value