SSPPF (SSP Group) Gross Margin %: 41.55% (As of Mar. 2026) — Near Median


SSPPF SSP Group PLC SSPPF
75 GF Score
Price $2.16
GF Value $2.86
Valuation Modestly Undervalued
! 9 Warning Signs
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What is SSP Group Gross Margin %?

SSP Group SSPPF 75 Gross Margin % is 41.55% as of Mar. 2026, which is 8% below its 10-year median of 45.39. GuruFocus rates SSPPF with a GF Score™ of 75/100 and a GF Value™ of $2.86 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 359 Restaurants companies, SSP Group ranks better than 53.2% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. SSP Group's Gross Profit for the six months ended in Mar. 2026 was $977 Mil. SSP Group's Revenue for the six months ended in Mar. 2026 was $2,351 Mil. Therefore, SSP Group's Gross Margin % for the quarter that ended in Mar. 2026 was 41.55%.


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

SSPPF' s Gross Margin % Range Over the Past 10 Years
Min: 36.33   Med: 45.39   Max: 47.23
Current: 47.23


During the past 13 years, the highest Gross Margin % of SSP Group was 47.23%. The lowest was 36.33%. And the median was 45.39%.

SSPPF's Gross Margin % is ranked better than
53.2% of 359 companies
in the Restaurants industry
Industry Median: 45.71 vs SSPPF: 47.23

SSP Group had a gross margin of 41.55% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SSP Group was 5.10% per year.


SSP Group  (OTCPK:SSPPF) 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

SSP Group had a gross margin of 41.55% 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.


SSP Group Gross Margin % Related Terms


SSP Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for SSP 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.

SSP Group Gross Margin % Chart

SSP Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.33 45.02 45.96 47.12 46.91

SSP Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 40.55 52.32 40.50 52.30 41.55

SSPPF vs MCD, SBUX, CMG: Gross Margin % Comparison

For the Restaurants subindustry, SSP 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.


SSP Group Gross Margin % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, SSP Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where SSP Group's Gross Margin % falls into.


SSPPF
75GF Score
SSP Group PLC SSPPF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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SSP Group Gross Margin % Calculation

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

SSP Group's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=2306.6 / 4916.892
=(Revenue - Cost of Goods Sold) / Revenue
=(4916.892 - 2610.27) / 4916.892
=46.91 %

SSP Group'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 )
=976.9 / 2351.2
=(Revenue - Cost of Goods Sold) / Revenue
=(2351.2 - 1374.267) / 2351.2
=41.55 %

* 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 41.55% mean?
SSP Group (SSPPF) has a Gross Margin % of 41.55% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on SSP Group and its competitors. This is near median its historical median of 45.39. Over the past decade, SSP Group's Gross Margin % has ranged from 36.33 to 47.23. According to the industry distribution chart, SSP Group ranks #168 out of 359 companies in the Restaurants industry, placing it in the top 46.8%.
Is SSP Group's Gross Margin % too high?
SSP Group's current Gross Margin % of 41.55% is near median its 10-year median of 45.39. Over the past 10 years, this metric has ranged from a low of 36.33 to a high of 47.23. The Restaurants industry median Gross Margin % is 45.71. SSP Group's value of 41.55% is 9.1% below this industry median. Based on the distribution chart, SSP Group ranks #168 out of 359 companies in the Restaurants industry, which is above the industry midpoint. Overall, SSP Group has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SSP Group's Gross Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, SSP Group ranks #168 out of 359 companies for Gross Margin %. This puts SSP Group in the upper half of its industry. The industry median Gross Margin % is 45.71. SSP Group's value of 41.55% is 9.1% below this benchmark. Historically, SSP Group's own Gross Margin % has ranged from 36.33 to 47.23 over the past decade. While the company's 10-year median is 45.39 vs. the industry median of 45.71, SSP Group 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 Restaurants company?
The median Gross Margin % among Restaurants companies is 45.71, based on 359 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. SSP Group's current Gross Margin % of 41.55% is 9.1% 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 SSP Group and its competitors. For the Restaurants industry, the median Gross Margin % is 45.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSP Group's current Gross Margin % is 41.55%, which is near median its own 10-year median of 45.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSP Group stock overvalued right now?
Based on GuruFocus' analysis, SSP Group (SSPPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.86, compared to a current price of $2.16 — trading 24.6% below its estimated fair value. The current Gross Margin % is 41.55%, which is near median its 10-year median of 45.39 and 9.1% below the Restaurants industry median of 45.71. SSP Group's overall GF Score™ is 75/100 with 9 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 SSP Group (SSPPF), the current Gross Margin % is 41.55% 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 SSP Group (SSPPF) Overvalued in 2026?

Based on GuruFocus' analysis, SSP Group stock appears to be undervalued. The current stock price of $2.16 is trading 24.6% below its estimated GF Value™ of $2.86. GuruFocus considers SSP Group to be Modestly Undervalued.

Key valuation signals for SSPPF:

  • Gross Margin %: 41.55% (near median its 10-year median of 45.39)
  • GF Value™: $2.86 vs. price of $2.16 (24.6% below fair value)
  • GF Score™: 75/100 with 9 warning signs
  • Industry Position: 9.1% below the Restaurants median (#168 of 359)

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


SSP Group Business Description

Other Exchanges SSPGl:UKSSPG:UK83S2:Germany
Address 32 Jamestown Road, Jamestown Wharf, London, GBR, NW1 7HW
SSP Group PLC operates food and beverage units in travel locations such as airports and railway stations. Units range from coffee shops and sandwich bars to casual and fine-dining restaurants. Its units operate under more than 300 different brand names, including both proprietary brands and franchised brands, such as Starbucks and Burger King. Its segments include the UK and Ireland, Continental Europe, North America, and Asia Pacific and Eastern Europe & Middle East (APAC & EEME).
75GF Score

Get the complete analysis for SSPPF

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

$2.16
Price
$2.86
GF Value