VTXPF (Victrex) Gross Margin %: 41.39% (As of Mar. 2026) — 23% Below Median


VTXPF Victrex PLC VTXPF
68 GF Score
Price $8.18
GF Value $14.78
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Victrex Gross Margin %?

Victrex VTXPF 68 Gross Margin % is 41.39% as of Mar. 2026, which is 23% below its 10-year median of 53.48. GuruFocus rates VTXPF with a GF Score™ of 68/100 and a GF Value™ of $14.78 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,564 Chemicals companies, Victrex ranks better than 86.51% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Victrex's Gross Profit for the six months ended in Mar. 2026 was $81.7 Mil. Victrex's Revenue for the six months ended in Mar. 2026 was $197.5 Mil. Therefore, Victrex's Gross Margin % for the quarter that ended in Mar. 2026 was 41.39%.

Warning Sign:

Victrex PLC gross margin has been in long-term decline. The average rate of decline per year is -3.8%.


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

VTXPF' s Gross Margin % Range Over the Past 10 Years
Min: 43.73   Med: 53.48   Max: 63.8
Current: 43.73


During the past 13 years, the highest Gross Margin % of Victrex was 63.80%. The lowest was 43.73%. And the median was 53.48%.

VTXPF's Gross Margin % is ranked better than
86.51% of 1564 companies
in the Chemicals industry
Industry Median: 23.375 vs VTXPF: 43.73

Victrex had a gross margin of 41.39% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Victrex was -3.80% per year.


Victrex  (OTCPK:VTXPF) 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

Victrex had a gross margin of 41.39% 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.


Victrex Gross Margin % Related Terms


Victrex Gross Margin % Historical Data

* Premium members only.

The historical data trend for Victrex'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.

Victrex Gross Margin % Chart

Victrex 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 53.12 51.17 52.96 45.34 44.74

Victrex 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 47.11 43.72 43.42 46.06 41.39

VTXPF vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Victrex'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.


Victrex Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Victrex's Gross Margin % distribution charts can be found below:

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


VTXPF
68GF Score
Victrex PLC VTXPF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Victrex Gross Margin % Calculation

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

Victrex'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 )
=179.2 / 400.541
=(Revenue - Cost of Goods Sold) / Revenue
=(400.541 - 221.352) / 400.541
=44.74 %

Victrex'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 )
=81.7 / 197.467
=(Revenue - Cost of Goods Sold) / Revenue
=(197.467 - 115.734) / 197.467
=41.39 %

* 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 41.39% mean?
Victrex (VTXPF) has a Gross Margin % of 41.39% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Victrex and its competitors. This is 23% below median its historical median of 53.48. Over the past decade, Victrex's Gross Margin % has ranged from 43.73 to 63.80. According to the industry distribution chart, Victrex ranks #211 out of 1564 companies in the Chemicals industry, placing it in the top 13.5%.
Is Victrex's Gross Margin % too high?
Victrex's current Gross Margin % of 41.39% is 23% below median its 10-year median of 53.48. Over the past 10 years, this metric has ranged from a low of 43.73 to a high of 63.80. The Chemicals industry median Gross Margin % is 23.38. Victrex's value of 41.39% is 77.1% above this industry median. Based on the distribution chart, Victrex ranks #211 out of 1564 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Victrex has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Victrex's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Victrex ranks #211 out of 1564 companies for Gross Margin %. This places Victrex in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 23.38. Victrex's value of 41.39% is 77.1% above this benchmark. Historically, Victrex's own Gross Margin % has ranged from 43.73 to 63.80 over the past decade. While the company's 10-year median is 53.48 vs. the industry median of 23.38, Victrex 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 1,564 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. Victrex's current Gross Margin % of 41.39% is 77.1% 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 Victrex 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. Victrex's current Gross Margin % is 41.39%, which is 23% below median its own 10-year median of 53.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victrex stock overvalued right now?
Based on GuruFocus' analysis, Victrex (VTXPF) is currently considered Significantly Undervalued. The stock's GF Value™ is $14.78, compared to a current price of $8.18 — trading 44.7% below its estimated fair value. The current Gross Margin % is 41.39%, which is 23% below median its 10-year median of 53.48 and 77.1% above the Chemicals industry median of 23.38. Victrex's overall GF Score™ is 68/100 with 7 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 Victrex (VTXPF), the current Gross Margin % is 41.39% 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 Victrex (VTXPF) Overvalued in 2026?

Based on GuruFocus' analysis, Victrex stock appears to be undervalued. The current stock price of $8.18 is trading 44.7% below its estimated GF Value™ of $14.78. GuruFocus considers Victrex to be Significantly Undervalued.

Key valuation signals for VTXPF:

  • Gross Margin %: 41.39% (23% below median its 10-year median of 53.48)
  • GF Value™: $14.78 vs. price of $8.18 (44.7% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 77.1% above the Chemicals median (#211 of 1564)

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


Victrex Business Description

Other Exchanges VCTl:UKVCT:UK1OY:Germany
Address Victrex Technology Centre, Hillhouse International, Thornton Cleveleys, Lancashire, GBR, FY5 4QD
Victrex PLC is a British specialty chemicals company whose business is based predominantly on manufacturing and creating solutions using polyetheretherketone, or PEEK, an ultra-high-performance lightweight plastic. The business has two segments. The Sustainable Solutions targets transportation, energy, electronics, and manufacturing, while the Medical Segment provides healthcare solutions for the implantable device markets. Geographically operates in the United Kingdom, Europe, the Middle East and Africa (EMEA), America, and Asia-Pacific. Its maximum sales are generated from the Middle East and Africa (EMEA).
68GF Score

Get the complete analysis for VTXPF

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

$8.18
Price
$14.78
GF Value