Render Cube (WAR:RND) Gross Margin %: 69.91% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:RND Render Cube SA WAR:RND
90 GF Score
Price zł76.20
GF Value zł106.50
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Render Cube Gross Margin %?

Render Cube WAR:RND +2.97% 90 Gross Margin % is 69.91% as of Mar. 2026, which is 9% below its 10-year median of 76.77. GuruFocus rates WAR:RND with a GF Score™ of 90/100 and a GF Value™ of zł106.50 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 497 Interactive Media companies, Render Cube ranks better than 56.14% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Render Cube's Gross Profit for the three months ended in Mar. 2026 was zł2.90 Mil. Render Cube's Revenue for the three months ended in Mar. 2026 was zł4.14 Mil. Therefore, Render Cube's Gross Margin % for the quarter that ended in Mar. 2026 was 69.91%.

Warning Sign:

Render Cube SA gross margin has been in long-term decline. The average rate of decline per year is -5.4%.


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

WAR:RND' s Gross Margin % Range Over the Past 10 Years
Min: 27.37   Med: 76.77   Max: 88.76
Current: 67.73


During the past 7 years, the highest Gross Margin % of Render Cube was 88.76%. The lowest was 27.37%. And the median was 76.77%.

WAR:RND's Gross Margin % is ranked better than
56.14% of 497 companies
in the Interactive Media industry
Industry Median: 62.58 vs WAR:RND: 67.73

Render Cube had a gross margin of 69.91% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Render Cube was -5.40% per year.


Render Cube  (WAR:RND) 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

Render Cube had a gross margin of 69.91% 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.


Render Cube Gross Margin % Related Terms


Render Cube Gross Margin % Historical Data

* Premium members only.

The historical data trend for Render Cube'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.

Render Cube Gross Margin % Chart

Render Cube Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 88.76 79.87 76.77 72.72 66.25

Render Cube Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 64.39 46.22 70.01 76.50 69.91

WAR:RND vs NTES, EA, TTWO: Gross Margin % Comparison

For the Electronic Gaming & Multimedia subindustry, Render Cube'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.


Render Cube Gross Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Render Cube's Gross Margin % distribution charts can be found below:

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


WAR:RND
90GF Score
Render Cube SA WAR:RND
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Render Cube Gross Margin % Calculation

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

Render Cube's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=11.2 / 16.976
=(Revenue - Cost of Goods Sold) / Revenue
=(16.976 - 5.729) / 16.976
=66.25 %

Render Cube'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 )
=2.9 / 4.141
=(Revenue - Cost of Goods Sold) / Revenue
=(4.141 - 1.246) / 4.141
=69.91 %

* 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 69.91% mean?
Render Cube (WAR:RND) has a Gross Margin % of 69.91% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Render Cube and its competitors. This is near median its historical median of 76.77. Over the past decade, Render Cube's Gross Margin % has ranged from 27.37 to 88.76. According to the industry distribution chart, Render Cube ranks #218 out of 497 companies in the Interactive Media industry, placing it in the top 43.9%.
Is Render Cube's Gross Margin % too high?
Render Cube's current Gross Margin % of 69.91% is near median its 10-year median of 76.77. Over the past 10 years, this metric has ranged from a low of 27.37 to a high of 88.76. The Interactive Media industry median Gross Margin % is 62.58. Render Cube's value of 69.91% is 11.7% above this industry median. Based on the distribution chart, Render Cube ranks #218 out of 497 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Render Cube has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Render Cube's Gross Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Render Cube ranks #218 out of 497 companies for Gross Margin %. This puts Render Cube in the upper half of its industry. The industry median Gross Margin % is 62.58. Render Cube's value of 69.91% is 11.7% above this benchmark. Historically, Render Cube's own Gross Margin % has ranged from 27.37 to 88.76 over the past decade. While the company's 10-year median is 76.77 vs. the industry median of 62.58, Render Cube 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 62.58, based on 497 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. Render Cube's current Gross Margin % of 69.91% is 11.7% 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 Render Cube and its competitors. For the Interactive Media industry, the median Gross Margin % is 62.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Render Cube's current Gross Margin % is 69.91%, which is near median its own 10-year median of 76.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Render Cube stock overvalued right now?
Based on GuruFocus' analysis, Render Cube (WAR:RND) is currently considered Modestly Undervalued. The stock's GF Value™ is zł106.50, compared to a current price of zł76.20 — trading 28.5% below its estimated fair value. The current Gross Margin % is 69.91%, which is near median its 10-year median of 76.77 and 11.7% above the Interactive Media industry median of 62.58. Render Cube's overall GF Score™ is 90/100 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 Render Cube (WAR:RND), the current Gross Margin % is 69.91% 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 Render Cube (WAR:RND) Overvalued in 2026?

Based on GuruFocus' analysis, Render Cube stock appears to be undervalued. The current stock price of zł76.20 is trading 28.5% below its estimated GF Value™ of zł106.50. GuruFocus considers Render Cube to be Modestly Undervalued.

Key valuation signals for WAR:RND:

  • Gross Margin %: 69.91% (near median its 10-year median of 76.77)
  • GF Value™: zł106.50 vs. price of zł76.20 (28.5% below fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 11.7% above the Interactive Media median (#218 of 497)

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


Render Cube Business Description

Address Piotrkowska 295 Lok. 7, Lodz, POL, 93-004
Render Cube SA is engaged in the development of video games. The company is focused on offering a game named Medieval Dynasty.
90GF Score

Get the complete analysis for WAR:RND

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

zł76.20
Price
zł106.50
GF Value