Multitude AGWBO:MULT -2.48%52 Gross Margin % is 66.36% as of Mar. 2026, which is 14% below its 10-year median of 77.49. GuruFocus rates WBO:MULT with a GF Score™ of 52/100 and a GF Value™ of €5.14 (Fairly Valued). The stock has 6 warning signs investors should review. Among 44 Banks companies, Multitude AG ranks better than 77.27% on this metric.
Multitude AG gross margin has been in long-term decline. The average rate of decline per year is -1.7%.
The historical rank and industry rank for Multitude AG's Gross Margin % or its related term are showing as below:
WBO:MULT'
s Gross Margin % Range Over the Past 10 Years
Min: 66.81 Med: 77.49 Max: 84.95
Current: 66.81
During the past 12 years, the highestGross Margin % of Multitude AG was 84.95%. The lowest was 66.81%. And the median was 77.49%.
WBO:MULT's Gross Margin % is ranked better than 77.27% of 44
companies
in the Banks industry
Industry Median: 41.015
vs WBO:MULT: 66.81
Multitude AG had a gross margin of 66.36% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Multitude AG was -1.70% per year.
Multitude AG (WBO:MULT) 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
Multitude AG had a gross margin of 66.36% 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.
Multitude AG Gross Margin % Related Terms
Multitude AG Gross Margin % Historical Data
* Premium members only.
The historical data trend for Multitude AG'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 Banks - Regional subindustry, Multitude AG'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.
Multitude AG Gross Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Multitude AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Multitude AG'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.
Multitude AG (WBO:MULT) has a Gross Margin % of 66.36% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Multitude AG and its competitors. This is 14% below median its historical median of 77.49. Over the past decade, Multitude AG's Gross Margin % has ranged from 66.81 to 84.95. According to the industry distribution chart, Multitude AG ranks #10 out of 44 companies in the Banks industry, placing it in the top 22.7%.
Is Multitude AG's Gross Margin % too high?
Multitude AG's current Gross Margin % of 66.36% is 14% below median its 10-year median of 77.49. Over the past 10 years, this metric has ranged from a low of 66.81 to a high of 84.95. The Banks industry median Gross Margin % is 41.02. Multitude AG's value of 66.36% is 61.8% above this industry median. Based on the distribution chart, Multitude AG ranks #10 out of 44 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Multitude AG has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Multitude AG's Gross Margin % compare to PNC and USB?
According to the Banks industry distribution chart, Multitude AG ranks #10 out of 44 companies for Gross Margin %. This places Multitude AG in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 41.02. Multitude AG's value of 66.36% is 61.8% above this benchmark. Historically, Multitude AG's own Gross Margin % has ranged from 66.81 to 84.95 over the past decade. While the company's 10-year median is 77.49 vs. the industry median of 41.02, Multitude AG 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 Banks company?
The median Gross Margin % among Banks companies is 41.02, based on 44 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. Multitude AG's current Gross Margin % of 66.36% is 61.8% 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 Multitude AG and its competitors. For the Banks industry, the median Gross Margin % is 41.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multitude AG's current Gross Margin % is 66.36%, which is 14% below median its own 10-year median of 77.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multitude AG stock overvalued right now?
Based on GuruFocus' analysis, Multitude AG (WBO:MULT) is currently considered Fairly Valued. The stock's GF Value™ is €5.14, compared to a current price of €5.50 — trading 7% above its estimated fair value. The current Gross Margin % is 66.36%, which is 14% below median its 10-year median of 77.49 and 61.8% above the Banks industry median of 41.02. Multitude AG's overall GF Score™ is 52/100 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 Multitude AG (WBO:MULT), the current Gross Margin % is 66.36% 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 Multitude AG (WBO:MULT) Overvalued in 2026?
Based on GuruFocus' analysis, Multitude AG stock appears to be overvalued.
The current stock price of €5.50 is trading 7% above its estimated GF Value™ of €5.14.
GuruFocus considers Multitude AG to be Fairly Valued.
Key valuation signals for WBO:MULT:
Gross Margin %: 66.36% (14% below median its 10-year median of 77.49)
GF Value™: €5.14 vs. price of €5.50 (7% above fair value)
Industry Position: 61.8% above the Banks median (#10 of 44)
No single metric tells the full story. See the WBO:MULT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Multitude AG is a fintech company providing digital financial and banking services to both individuals and businesses. Its reportable and operating segments are: Consumer Banking, SME Banking, and Wholesale Banking. Maximum revenue is derived from the Consumer Banking segment, which is operated under the Ferratum brand and offers digital consumer loans, credit lines, and credit card products. The SME Banking segment, which is operated under the CapitalBox brand, offers working capital and secured and non-secured lending solutions for small businesses, as well as other services such as invoice purchasing, and the Wholesale Banking, operated under the Multitude Bank brand, delivers lending and payment services to institutional clients, FinTechs, and payment service providers across Europe.
52GF Score
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