Naked WinesSTU:MWJ +0.25%42 Gross Margin % is 19.53% as of Sep. 2025, which is 26% below its 10-year median of 26.46. GuruFocus rates STU:MWJ with a GF Score™ of 42/100 and a GF Value™ of €0.46. The stock has 5 warning signs investors should review. Among 205 Beverages - Alcoholic companies, Naked Wines ranks worse than 91.22% on this metric.
Naked Wines PLC gross margin has been in long-term decline. The average rate of decline per year is -17.2%.
The historical rank and industry rank for Naked Wines's Gross Margin % or its related term are showing as below:
STU:MWJ'
s Gross Margin % Range Over the Past 10 Years
Min: 18.44 Med: 26.46 Max: 40.46
Current: 19.61
During the past 13 years, the highestGross Margin % of Naked Wines was 40.46%. The lowest was 18.44%. And the median was 26.46%.
STU:MWJ's Gross Margin % is ranked worse than 91.22% of 205
companies
in the Beverages - Alcoholic industry
Industry Median: 42.2
vs STU:MWJ: 19.61
Naked Wines had a gross margin of 19.53% for the quarter that ended in Sep. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Naked Wines was -17.20% per year.
Naked Wines (STU:MWJ) 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
Naked Wines had a gross margin of 19.53% for the quarter that ended in Sep. 2025 => 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.
Naked Wines Gross Margin % Related Terms
Naked Wines Gross Margin % Historical Data
* Premium members only.
The historical data trend for Naked Wines'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 Beverages - Wineries & Distilleries subindustry, Naked Wines'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.
Naked Wines Gross Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Naked Wines's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Naked Wines'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.
Naked Wines (STU:MWJ) has a Gross Margin % of 19.53% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Naked Wines and its competitors. This is 26% below median its historical median of 26.46. Over the past decade, Naked Wines' Gross Margin % has ranged from 18.44 to 40.46. According to the industry distribution chart, Naked Wines ranks #187 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 91.2%.
Is Naked Wines' Gross Margin % too high?
Naked Wines' current Gross Margin % of 19.53% is 26% below median its 10-year median of 26.46. Over the past 10 years, this metric has ranged from a low of 18.44 to a high of 40.46. The Beverages - Alcoholic industry median Gross Margin % is 42.20. Naked Wines' value of 19.53% is 53.7% below this industry median. Based on the distribution chart, Naked Wines ranks #187 out of 205 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Naked Wines has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Naked Wines' Gross Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Naked Wines ranks #187 out of 205 companies for Gross Margin %. This places Naked Wines in the lower half of its industry. The industry median Gross Margin % is 42.20. Naked Wines' value of 19.53% is 53.7% below this benchmark. Historically, Naked Wines' own Gross Margin % has ranged from 18.44 to 40.46 over the past decade. While the company's 10-year median is 26.46 vs. the industry median of 42.20, Naked Wines 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 Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.20, based on 205 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. Naked Wines's current Gross Margin % of 19.53% is 53.7% 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 Naked Wines and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naked Wines's current Gross Margin % is 19.53%, which is 26% below median its own 10-year median of 26.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naked Wines stock overvalued right now?
Naked Wines (STU:MWJ) has a current Gross Margin % of 19.53%. The stock's GF Value™ is €0.46, compared to a current price of €0.81 — trading 75.7% above its estimated fair value. The current Gross Margin % is 19.53%, which is 26% below median its 10-year median of 26.46 and 53.7% below the Beverages - Alcoholic industry median of 42.20. Naked Wines' overall GF Score™ is 42/100 with 5 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 Naked Wines (STU:MWJ), the current Gross Margin % is 19.53% as of Sep. 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 Naked Wines (STU:MWJ) Overvalued in 2026?
Based on GuruFocus' analysis, Naked Wines stock appears to be overvalued.
The current stock price of €0.81 is trading 75.7% above its estimated GF Value™ of €0.46.
Key valuation signals for STU:MWJ:
Gross Margin %: 19.53% (26% below median its 10-year median of 26.46)
GF Value™: €0.46 vs. price of €0.81 (75.7% above fair value)
Industry Position: 53.7% below the Beverages - Alcoholic median (#187 of 205)
No single metric tells the full story. See the STU:MWJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Naked Wines PLC is engaged in the retailing of wines and spirits. The company's operating segment includes Naked Wines. Its geographical segments are United States, United Kingdom, and Australia.
42GF Score
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