CombinedX AB (OSTO:CX) Gross Margin %: 14.84% (As of Jun. 2026) — 36% Below Median

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OSTO:CX CombinedX AB OSTO:CX
86 GF Score
Price kr31.70
GF Value kr36.83
Valuation Modestly Undervalued
! 4 Warning Signs
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What is CombinedX AB Gross Margin %?

CombinedX AB OSTO:CX 86 Gross Margin % is 14.84% as of Jun. 2026, which is 36% below its 10-year median of 23.15. GuruFocus rates OSTO:CX with a GF Score™ of 86/100 and a GF Value™ of kr36.83 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,691 Software companies, CombinedX AB ranks worse than 80.6% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. CombinedX AB's Gross Profit for the three months ended in Jun. 2026 was kr33.1 Mil. CombinedX AB's Revenue for the three months ended in Jun. 2026 was kr223.1 Mil. Therefore, CombinedX AB's Gross Margin % for the quarter that ended in Jun. 2026 was 14.84%.

Warning Sign:

CombinedX AB gross margin has been in long-term decline. The average rate of decline per year is -8.7%.


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

OSTO:CX' s Gross Margin % Range Over the Past 10 Years
Min: 19.11   Med: 23.15   Max: 39.22
Current: 19.11


During the past 8 years, the highest Gross Margin % of CombinedX AB was 39.22%. The lowest was 19.11%. And the median was 23.15%.

OSTO:CX's Gross Margin % is ranked worse than
80.6% of 2691 companies
in the Software industry
Industry Median: 40.57 vs OSTO:CX: 19.11

CombinedX AB had a gross margin of 14.84% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CombinedX AB was -8.70% per year.


CombinedX AB  (OSTO:CX) 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

CombinedX AB had a gross margin of 14.84% for the quarter that ended in Jun. 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.


CombinedX AB Gross Margin % Related Terms


CombinedX AB Gross Margin % Historical Data

* Premium members only.

The historical data trend for CombinedX 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.

CombinedX AB Gross Margin % Chart

CombinedX AB Annual Data
Trend Apr18 Apr19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 22.65 22.09 23.65 19.56 20.01

CombinedX AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 18.23 20.00 20.09 21.05 14.84

OSTO:CX vs IBM, ACN, FISV: Gross Margin % Comparison

For the Information Technology Services subindustry, CombinedX 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.


CombinedX AB Gross Margin % vs Software Industry

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

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


OSTO:CX
86GF Score
CombinedX AB OSTO:CX
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CombinedX AB Gross Margin % Calculation

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

CombinedX 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 )
=189.6 / 947.7
=(Revenue - Cost of Goods Sold) / Revenue
=(947.7 - 758.1) / 947.7
=20.01 %

CombinedX AB's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=33.1 / 223.1
=(Revenue - Cost of Goods Sold) / Revenue
=(223.1 - 190) / 223.1
=14.84 %

* 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 14.84% mean?
CombinedX AB (OSTO:CX) has a Gross Margin % of 14.84% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CombinedX AB and its competitors. This is 36% below median its historical median of 23.15. Over the past decade, CombinedX AB's Gross Margin % has ranged from 19.11 to 39.22. According to the industry distribution chart, CombinedX AB ranks #2169 out of 2691 companies in the Software industry, placing it in the top 80.6%.
Is CombinedX AB's Gross Margin % too high?
CombinedX AB's current Gross Margin % of 14.84% is 36% below median its 10-year median of 23.15. Over the past 10 years, this metric has ranged from a low of 19.11 to a high of 39.22. The Software industry median Gross Margin % is 40.57. CombinedX AB's value of 14.84% is 63.4% below this industry median. Based on the distribution chart, CombinedX AB ranks #2169 out of 2691 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, CombinedX AB has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CombinedX AB's Gross Margin % compare to IBM and ACN?
According to the Software industry distribution chart, CombinedX AB ranks #2169 out of 2691 companies for Gross Margin %. This places CombinedX AB in the lower half of its industry. The industry median Gross Margin % is 40.57. CombinedX AB's value of 14.84% is 63.4% below this benchmark. Historically, CombinedX AB's own Gross Margin % has ranged from 19.11 to 39.22 over the past decade. While the company's 10-year median is 23.15 vs. the industry median of 40.57, CombinedX AB 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 Software company?
The median Gross Margin % among Software companies is 40.57, based on 2,691 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. CombinedX AB's current Gross Margin % of 14.84% is 63.4% 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 CombinedX AB and its competitors. For the Software industry, the median Gross Margin % is 40.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CombinedX AB's current Gross Margin % is 14.84%, which is 36% below median its own 10-year median of 23.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CombinedX AB stock overvalued right now?
Based on GuruFocus' analysis, CombinedX AB (OSTO:CX) is currently considered Modestly Undervalued. The stock's GF Value™ is kr36.83, compared to a current price of kr31.70 — trading 13.9% below its estimated fair value. The current Gross Margin % is 14.84%, which is 36% below median its 10-year median of 23.15 and 63.4% below the Software industry median of 40.57. CombinedX AB's overall GF Score™ is 86/100 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 CombinedX AB (OSTO:CX), the current Gross Margin % is 14.84% as of Jun. 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 CombinedX AB (OSTO:CX) Overvalued in 2026?

Based on GuruFocus' analysis, CombinedX AB stock appears to be undervalued. The current stock price of kr31.70 is trading 13.9% below its estimated GF Value™ of kr36.83. GuruFocus considers CombinedX AB to be Modestly Undervalued.

Key valuation signals for OSTO:CX:

  • Gross Margin %: 14.84% (36% below median its 10-year median of 23.15)
  • GF Value™: kr36.83 vs. price of kr31.70 (13.9% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 63.4% below the Software median (#2169 of 2691)

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


CombinedX AB Business Description

Address Tynasgatan 10, Karlstad, SWE, 652 16
CombinedX AB is a family of knowledge companies that help companies and organizations to take advantage of the opportunities of digitalisation. It delivers services through eight wholly-owned specialist companies, each with market-leading technology and business expertise in its niche.
86GF Score

Get the complete analysis for OSTO:CX

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

kr31.70
Price
kr36.83
GF Value