SP Group ASSPGGF 95 Gross Margin % is 53.77% as of Mar. 2026, which is 65% above its 10-year median of 32.49. GuruFocus rates SPGGF with a GF Score™ of 95/100 and a GF Value™ of $23.63. The stock has 8 warning signs investors should review. Among 1,565 Chemicals companies, SP Group AS ranks better than 94.06% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. SP Group AS's Gross Profit for the
three
months ended in Mar. 2026 was $80.4 Mil. SP Group AS's Revenue for the
three
months ended in Mar. 2026 was $149.5 Mil. Therefore, SP Group AS's Gross Margin % for the quarter that ended in Mar. 2026 was 53.77%.
The historical rank and industry rank for SP Group AS's Gross Margin % or its related term are showing as below:
SPGGF'
s Gross Margin % Range Over the Past 10 Years
Min: 30.66 Med: 32.49 Max: 55.34
Current: 55.34
During the past 13 years, the highestGross Margin % of SP Group AS was 55.34%. The lowest was 30.66%. And the median was 32.49%.
SPGGF's Gross Margin % is ranked better than 94.06% of 1565
companies
in the Chemicals industry
Industry Median: 23.38
vs SPGGF: 55.34
SP Group AS had a gross margin of 53.77% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for SP Group AS was 14.20% per year.
SP Group AS (OTCPK:SPGGF) 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
SP Group AS had a gross margin of 53.77% 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.
SP Group AS Gross Margin % Related Terms
SP Group AS Gross Margin % Historical Data
* Premium members only.
The historical data trend for SP Group AS'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.
For the Specialty Chemicals subindustry, SP Group AS'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.
SP Group AS Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SP Group AS's Gross Margin % distribution charts can be found below:
* The bar in red indicates where SP Group AS'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.
SP Group AS (SPGGF) has a Gross Margin % of 53.77% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on SP Group AS and its competitors. This is 65% above median its historical median of 32.49. Over the past decade, SP Group AS's Gross Margin % has ranged from 30.66 to 55.34. According to the industry distribution chart, SP Group AS ranks #93 out of 1565 companies in the Chemicals industry, placing it in the top 5.9%.
Is SP Group AS's Gross Margin % too high?
SP Group AS's current Gross Margin % of 53.77% is 65% above median its 10-year median of 32.49. Over the past 10 years, this metric has ranged from a low of 30.66 to a high of 55.34. The Chemicals industry median Gross Margin % is 23.38. SP Group AS's value of 53.77% is 130% above this industry median. Based on the distribution chart, SP Group AS ranks #93 out of 1565 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, SP Group AS has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does SP Group AS's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, SP Group AS ranks #93 out of 1565 companies for Gross Margin %. This places SP Group AS in the top 6% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 23.38. SP Group AS's value of 53.77% is 130% above this benchmark. Historically, SP Group AS's own Gross Margin % has ranged from 30.66 to 55.34 over the past decade. While the company's 10-year median is 32.49 vs. the industry median of 23.38, SP Group AS 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.38, based on 1,565 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. SP Group AS's current Gross Margin % of 53.77% is 130% 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 SP Group AS and its competitors. For the Chemicals industry, the median Gross Margin % is 23.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Group AS's current Gross Margin % is 53.77%, which is 65% above median its own 10-year median of 32.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP Group AS stock overvalued right now?
SP Group AS (SPGGF) has a current Gross Margin % of 53.77%. The stock's GF Value™ is $23.63, compared to a current price of $29.71 — trading 25.7% above its estimated fair value. The current Gross Margin % is 53.77%, which is 65% above median its 10-year median of 32.49 and 130% above the Chemicals industry median of 23.38. SP Group AS's overall GF Score™ is 95/100 with 8 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 SP Group AS (SPGGF), the current Gross Margin % is 53.77% 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 SP Group AS (SPGGF) Overvalued in 2026?
Based on GuruFocus' analysis, SP Group AS stock appears to be overvalued.
The current stock price of $29.71 is trading 25.7% above its estimated GF Value™ of $23.63.
Key valuation signals for SPGGF:
Gross Margin %: 53.77% (65% above median its 10-year median of 32.49)
GF Value™: $23.63 vs. price of $29.71 (25.7% above fair value)
Industry Position: 130% above the Chemicals median (#93 of 1565)
No single metric tells the full story. See the SPGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SP Group AS develops and manufactures solutions in plastics using multiple production technologies. It is a supplier of manufactured plastic products for the manufacturing industries. Its solutions include 3D print, Assembly, Blow Moulding, Injection Moulding, , Precision Plastic Machining, among others. Its segments include Denmark, Norway, Sweden, Finland, Latvia, Slovakia, The Netherlands, Poland, North America, China, and Thailand, with Denmark generating the majority of the revenue.
95GF Score
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