Pop Mart International GroupPMRTY -1.27%71 Gross Margin % is 73.15% as of Dec. 2025, which is 19% above its 10-year median of 61.43. GuruFocus rates PMRTY with a GF Score™ of 71/100 and a GF Value™ of $33.63 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 793 Travel & Leisure companies, Pop Mart International Group ranks better than 83.35% on this metric.
Pop Mart International Group (OTCPK:PMRTY) 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
Pop Mart International Group had a gross margin of 73.15% for the quarter that ended in Dec. 2025 => 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.
Pop Mart International Group Gross Margin % Related Terms
Pop Mart International Group Gross Margin % Historical Data
* 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 Leisure subindustry, Pop Mart International Group'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.
Pop Mart International Group Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Pop Mart International Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Pop Mart International Group'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.
Pop Mart International Group (PMRTY) has a Gross Margin % of 73.15% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Pop Mart International Group and its competitors. This is 19% above median its historical median of 61.43. Over the past decade, Pop Mart International Group's Gross Margin % has ranged from 47.61 to 72.11. According to the industry distribution chart, Pop Mart International Group ranks #132 out of 793 companies in the Travel & Leisure industry, placing it in the top 16.6%.
Is Pop Mart International Group's Gross Margin % too high?
Pop Mart International Group's current Gross Margin % of 73.15% is 19% above median its 10-year median of 61.43. Over the past 10 years, this metric has ranged from a low of 47.61 to a high of 72.11. The Travel & Leisure industry median Gross Margin % is 44.02. Pop Mart International Group's value of 73.15% is 66.2% above this industry median. Based on the distribution chart, Pop Mart International Group ranks #132 out of 793 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Pop Mart International Group has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pop Mart International Group's Gross Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Pop Mart International Group ranks #132 out of 793 companies for Gross Margin %. This places Pop Mart International Group in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 44.02. Pop Mart International Group's value of 73.15% is 66.2% above this benchmark. Historically, Pop Mart International Group's own Gross Margin % has ranged from 47.61 to 72.11 over the past decade. While the company's 10-year median is 61.43 vs. the industry median of 44.02, Pop Mart International Group 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 44.02, based on 793 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. Pop Mart International Group's current Gross Margin % of 73.15% is 66.2% 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 Pop Mart International Group and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 44.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pop Mart International Group's current Gross Margin % is 73.15%, which is 19% above median its own 10-year median of 61.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pop Mart International Group stock overvalued right now?
Based on GuruFocus' analysis, Pop Mart International Group (PMRTY) is currently considered Possible Value Trap. The stock's GF Value™ is $33.63, compared to a current price of $19.85 — trading 41% below its estimated fair value. The current Gross Margin % is 73.15%, which is 19% above median its 10-year median of 61.43 and 66.2% above the Travel & Leisure industry median of 44.02. Pop Mart International Group's overall GF Score™ is 71/100 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 Pop Mart International Group (PMRTY), the current Gross Margin % is 73.15% 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 Pop Mart International Group (PMRTY) Overvalued in 2026?
Based on GuruFocus' analysis, Pop Mart International Group stock appears to be undervalued.
The current stock price of $19.85 is trading 41% below its estimated GF Value™ of $33.63.
GuruFocus considers Pop Mart International Group to be Possible Value Trap.
Key valuation signals for PMRTY:
Gross Margin %: 73.15% (19% above median its 10-year median of 61.43)
GF Value™: $33.63 vs. price of $19.85 (41% below fair value)
Industry Position: 66.2% above the Travel & Leisure median (#132 of 793)
No single metric tells the full story. See the PMRTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pop Mart was founded in 2010 by entrepreneur Wang Ning and his partners to design, create, and sell pop culture toys based on intellectual properties, or IPs. The company develops toy products by acquiring and self-incubating IPs, as well as collaborating with IP owners through exclusive and nonexclusive licensing agreements. Its products have seen widespread popularity in China and have gained traction in overseas markets, such as Southeast Asia and North America. To diversify its revenue streams, Pop Mart has also tapped into accessories, home appliances, food merchandising, and theme park operations.
71GF Score
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