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Image PowerWAR:IPW 69 Gross Margin % is 238.46% as of Mar. 2026, which is 137% above its 10-year median of 100.63. GuruFocus rates WAR:IPW with a GF Score™ of 69/100 and a GF Value™ of zł3.66 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 498 Interactive Media companies, Image Power ranks worse than 99.2% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Image Power's Gross Profit for the
three
months ended in Mar. 2026 was zł0.12 Mil. Image Power's Revenue for the
three
months ended in Mar. 2026 was zł0.05 Mil. Therefore, Image Power's Gross Margin % for the quarter that ended in Mar. 2026 was 238.46%.
The historical rank and industry rank for Image Power's Gross Margin % or its related term are showing as below:
WAR:IPW'
s Gross Margin % Range Over the Past 10 Years
Min: -65.17 Med: 100.63 Max: 2497.92
Current: -65.17
During the past 8 years, the highestGross Margin % of Image Power was 2497.92%. The lowest was -65.17%. And the median was 100.63%.
WAR:IPW's Gross Margin % is ranked worse than 99.2% of 498
companies
in the Interactive Media industry
Industry Median: 62.67
vs WAR:IPW: -65.17
Image Power had a gross margin of 238.46% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Image Power was 0.00% per year.
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
Image Power had a gross margin of 238.46% 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.
Image Power Gross Margin % Related Terms
Image Power Gross Margin % Historical Data
* Premium members only.
The historical data trend for Image Power'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.
WAR:IPW vs NTES, EA, TTWO: Gross Margin % Comparison
For the Electronic Gaming & Multimedia subindustry, Image Power'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.
Image Power Gross Margin % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Image Power's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Image Power'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.
Image Power (WAR:IPW) has a Gross Margin % of 238.46% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Image Power and its competitors. This is 137% above median its historical median of 100.63. According to the industry distribution chart, Image Power ranks #494 out of 498 companies in the Interactive Media industry, placing it in the top 99.2%.
Is Image Power's Gross Margin % too high?
Image Power's current Gross Margin % of 238.46% is 137% above median its 10-year median of 100.63. The Interactive Media industry median Gross Margin % is 62.67. Image Power's value of 238.46% is 280.5% above this industry median. Based on the distribution chart, Image Power ranks #494 out of 498 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Image Power has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Image Power's Gross Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Image Power ranks #494 out of 498 companies for Gross Margin %. This places Image Power in the lower half of its industry. The industry median Gross Margin % is 62.67. Image Power's value of 238.46% is 280.5% above this benchmark. While the company's 10-year median is 100.63 vs. the industry median of 62.67, Image Power 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 an Interactive Media company?
The median Gross Margin % among Interactive Media companies is 62.67, based on 498 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. Image Power's current Gross Margin % of 238.46% is 280.5% 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 Image Power and its competitors. For the Interactive Media industry, the median Gross Margin % is 62.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Image Power's current Gross Margin % is 238.46%, which is 137% above median its own 10-year median of 100.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Power stock overvalued right now?
Based on GuruFocus' analysis, Image Power (WAR:IPW) is currently considered Possible Value Trap. The stock's GF Value™ is zł3.66, compared to a current price of zł1.88 — trading 48.6% below its estimated fair value. The current Gross Margin % is 238.46%, which is 137% above median its 10-year median of 100.63 and 280.5% above the Interactive Media industry median of 62.67. Image Power's overall GF Score™ is 69/100 with 6 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 Image Power (WAR:IPW), the current Gross Margin % is 238.46% 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 Image Power (WAR:IPW) Overvalued in 2026?
Based on GuruFocus' analysis, Image Power stock appears to be undervalued.
The current stock price of zł1.88 is trading 48.6% below its estimated GF Value™ of zł3.66.
GuruFocus considers Image Power to be Possible Value Trap.
Key valuation signals for WAR:IPW:
Gross Margin %: 238.46% (137% above median its 10-year median of 100.63)
GF Value™: zł3.66 vs. price of zł1.88 (48.6% below fair value)
Industry Position: 280.5% above the Interactive Media median (#494 of 498)
No single metric tells the full story. See the WAR:IPW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Image Power SA operates in the video game market, specializing in the production and distribution of games for desktop computers. The company is involved in the production, publishing and marketing of games. Its products are sold globally in the digital distribution model, mainly through the dedicated steam distribution platform, which is the distributor of PC games in the world. In addition, the games are released on consoles such as Nintendo Switch, Xbox One and PlayStation 4.
69GF Score
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