Samsonite GroupSMSGY -3.63%74 Gross Margin % is 58.98% as of Mar. 2026, which is 5% above its 10-year median of 55.95. GuruFocus rates SMSGY with a GF Score™ of 74/100 and a GF Value™ of $15.03 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,028 Manufacturing - Apparel & Accessories companies, Samsonite Group ranks better than 87.45% on this metric.
Samsonite Group had a gross margin of 58.98% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Samsonite Group was 4.80% per year.
Samsonite Group (OTCPK:SMSGY) 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
Samsonite Group had a gross margin of 58.98% 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.
Samsonite Group Gross Margin % Related Terms
Samsonite Group Gross Margin % Historical Data
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The historical data trend for Samsonite Group'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.
SMSGY vs NKE, DECK, ONON: Gross Margin % Comparison
For the Footwear & Accessories subindustry, Samsonite 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.
Samsonite Group Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsonite Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Samsonite 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.
Samsonite Group (SMSGY) has a Gross Margin % of 58.98% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Samsonite Group and its competitors. This is near median its historical median of 55.95. Over the past decade, Samsonite Group's Gross Margin % has ranged from 45.96 to 59.97. According to the industry distribution chart, Samsonite Group ranks #129 out of 1028 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.5%.
Is Samsonite Group's Gross Margin % too high?
Samsonite Group's current Gross Margin % of 58.98% is near median its 10-year median of 55.95. Over the past 10 years, this metric has ranged from a low of 45.96 to a high of 59.97. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.39. Samsonite Group's value of 58.98% is 107.7% above this industry median. Based on the distribution chart, Samsonite Group ranks #129 out of 1028 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Samsonite Group has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Samsonite Group's Gross Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Samsonite Group ranks #129 out of 1028 companies for Gross Margin %. This places Samsonite Group in the top 13% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.39. Samsonite Group's value of 58.98% is 107.7% above this benchmark. Historically, Samsonite Group's own Gross Margin % has ranged from 45.96 to 59.97 over the past decade. While the company's 10-year median is 55.95 vs. the industry median of 28.39, Samsonite 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.39, based on 1,028 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. Samsonite Group's current Gross Margin % of 58.98% is 107.7% 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 Samsonite Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samsonite Group's current Gross Margin % is 58.98%, which is near median its own 10-year median of 55.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samsonite Group stock overvalued right now?
Based on GuruFocus' analysis, Samsonite Group (SMSGY) is currently considered Possible Value Trap. The stock's GF Value™ is $15.03, compared to a current price of $9.16 — trading 39.1% below its estimated fair value. The current Gross Margin % is 58.98%, which is near median its 10-year median of 55.95 and 107.7% above the Manufacturing - Apparel & Accessories industry median of 28.39. Samsonite Group's overall GF Score™ is 74/100 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 Samsonite Group (SMSGY), the current Gross Margin % is 58.98% 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 Samsonite Group (SMSGY) Overvalued in 2026?
Based on GuruFocus' analysis, Samsonite Group stock appears to be undervalued.
The current stock price of $9.16 is trading 39.1% below its estimated GF Value™ of $15.03.
GuruFocus considers Samsonite Group to be Possible Value Trap.
Key valuation signals for SMSGY:
Gross Margin %: 58.98% (near median its 10-year median of 55.95)
GF Value™: $15.03 vs. price of $9.16 (39.1% below fair value)
Industry Position: 107.7% above the Manufacturing - Apparel & Accessories median (#129 of 1028)
No single metric tells the full story. See the SMSGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Samsonite holds approximately 19% of the global luggage market. The company produces and sells travel luggage under a portfolio of brands—including Tumi, Samsonite, and American Tourister—targeting a range of consumer segments. While the majority of its products are manufactured by third-party suppliers in China and Southeast Asia, Samsonite also produces select proprietary materials in-house.
74GF Score
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