KBJWAR:KBJ -1.92%77 Gross Margin % is 87.12% as of Mar. 2026, which is 6% below its 10-year median of 93.16. GuruFocus rates WAR:KBJ with a GF Score™ of 77/100 and a GF Value™ of zł20.11 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,681 Software companies, KBJ ranks better than 97.35% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. KBJ's Gross Profit for the
three
months ended in Mar. 2026 was zł23.6 Mil. KBJ's Revenue for the
three
months ended in Mar. 2026 was zł27.1 Mil. Therefore, KBJ's Gross Margin % for the quarter that ended in Mar. 2026 was 87.12%.
The historical rank and industry rank for KBJ's Gross Margin % or its related term are showing as below:
WAR:KBJ'
s Gross Margin % Range Over the Past 10 Years
Min: 73.28 Med: 93.16 Max: 101.59
Current: 93.96
During the past 13 years, the highestGross Margin % of KBJ was 101.59%. The lowest was 73.28%. And the median was 93.16%.
WAR:KBJ's Gross Margin % is ranked better than 97.35% of 2681
companies
in the Software industry
Industry Median: 40.45
vs WAR:KBJ: 93.96
KBJ had a gross margin of 87.12% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for KBJ was 1.10% per year.
KBJ (WAR:KBJ) 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
KBJ had a gross margin of 87.12% 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.
KBJ Gross Margin % Related Terms
KBJ Gross Margin % Historical Data
* Premium members only.
The historical data trend for KBJ'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:KBJ vs IBM, ACN, FISV: Gross Margin % Comparison
For the Information Technology Services subindustry, KBJ'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.
KBJ Gross Margin % vs Software Industry
For the Software industry and Technology sector, KBJ's Gross Margin % distribution charts can be found below:
* The bar in red indicates where KBJ'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.
KBJ (WAR:KBJ) has a Gross Margin % of 87.12% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on KBJ and its competitors. This is near median its historical median of 93.16. Over the past decade, KBJ's Gross Margin % has ranged from 73.28 to 101.59. According to the industry distribution chart, KBJ ranks #71 out of 2681 companies in the Software industry, placing it in the top 2.6%.
Is KBJ's Gross Margin % too high?
KBJ's current Gross Margin % of 87.12% is near median its 10-year median of 93.16. Over the past 10 years, this metric has ranged from a low of 73.28 to a high of 101.59. The Software industry median Gross Margin % is 40.45. KBJ's value of 87.12% is 115.4% above this industry median. Based on the distribution chart, KBJ ranks #71 out of 2681 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, KBJ has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KBJ's Gross Margin % compare to IBM and ACN?
According to the Software industry distribution chart, KBJ ranks #71 out of 2681 companies for Gross Margin %. This places KBJ in the top 3% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. KBJ's value of 87.12% is 115.4% above this benchmark. Historically, KBJ's own Gross Margin % has ranged from 73.28 to 101.59 over the past decade. While the company's 10-year median is 93.16 vs. the industry median of 40.45, KBJ 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 Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,681 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. KBJ's current Gross Margin % of 87.12% is 115.4% 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 KBJ and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KBJ's current Gross Margin % is 87.12%, which is near median its own 10-year median of 93.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KBJ stock overvalued right now?
Based on GuruFocus' analysis, KBJ (WAR:KBJ) is currently considered Fairly Valued. The stock's GF Value™ is zł20.11, compared to a current price of zł20.40 — trading 1.4% above its estimated fair value. The current Gross Margin % is 87.12%, which is near median its 10-year median of 93.16 and 115.4% above the Software industry median of 40.45. KBJ's overall GF Score™ is 77/100 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 KBJ (WAR:KBJ), the current Gross Margin % is 87.12% 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 KBJ (WAR:KBJ) Overvalued in 2026?
Based on GuruFocus' analysis, KBJ stock appears to be overvalued.
The current stock price of zł20.40 is trading 1.4% above its estimated GF Value™ of zł20.11.
GuruFocus considers KBJ to be Fairly Valued.
Key valuation signals for WAR:KBJ:
Gross Margin %: 87.12% (near median its 10-year median of 93.16)
GF Value™: zł20.11 vs. price of zł20.40 (1.4% above fair value)
Industry Position: 115.4% above the Software median (#71 of 2681)
No single metric tells the full story. See the WAR:KBJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KBJ SA is engaged in providing implementation and consulting services as well as building dedicated IT solutions that are compliant with individual customer needs. The company services include Business Intelligence & Big Data, SAP Development, ERP S/4 HANA, SAP application service, e-Drugs, E-JPK, HR Cloud Portal, and Research & Development.
77GF Score
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