Novem GroupWBO:NVM +1.55% Gross Margin % is 44.32% as of Mar. 2026, which is 11% below its 10-year median of 49.99. The stock has 6 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Novem Group ranks better than 92.98% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Novem Group's Gross Profit for the
three
months ended in Mar. 2026 was €61.4 Mil. Novem Group's Revenue for the
three
months ended in Mar. 2026 was €138.5 Mil. Therefore, Novem Group's Gross Margin % for the quarter that ended in Mar. 2026 was 44.32%.
The historical rank and industry rank for Novem Group's Gross Margin % or its related term are showing as below:
WBO:NVM'
s Gross Margin % Range Over the Past 10 Years
Min: 48.28 Med: 49.99 Max: 51.43
Current: 48.82
During the past 6 years, the highestGross Margin % of Novem Group was 51.43%. The lowest was 48.28%. And the median was 49.99%.
WBO:NVM's Gross Margin % is ranked better than 92.98% of 1311
companies
in the Vehicles & Parts industry
Industry Median: 19.84
vs WBO:NVM: 48.82
Novem Group had a gross margin of 44.32% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Novem Group was -0.70% per year.
Novem Group (WBO:NVM) 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
Novem Group had a gross margin of 44.32% 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.
Novem Group Gross Margin % Related Terms
Novem Group Gross Margin % Historical Data
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The historical data trend for Novem Group'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 Auto Parts subindustry, Novem Group'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.
Novem Group Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Novem Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Novem Group'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.
Novem Group (WBO:NVM) has a Gross Margin % of 44.32% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Novem Group and its competitors. This is 11% below median its historical median of 49.99. Over the past decade, Novem Group's Gross Margin % has ranged from 48.28 to 51.43. According to the industry distribution chart, Novem Group ranks #92 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 7%.
Is Novem Group's Gross Margin % too high?
Novem Group's current Gross Margin % of 44.32% is 11% below median its 10-year median of 49.99. Over the past 10 years, this metric has ranged from a low of 48.28 to a high of 51.43. The Vehicles & Parts industry median Gross Margin % is 19.84. Novem Group's value of 44.32% is 123.4% above this industry median. Based on the distribution chart, Novem Group ranks #92 out of 1311 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers.
How does Novem Group's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Novem Group ranks #92 out of 1311 companies for Gross Margin %. This places Novem Group in the top 7% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.84. Novem Group's value of 44.32% is 123.4% above this benchmark. Historically, Novem Group's own Gross Margin % has ranged from 48.28 to 51.43 over the past decade. While the company's 10-year median is 49.99 vs. the industry median of 19.84, Novem Group 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,311 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. Novem Group's current Gross Margin % of 44.32% is 123.4% 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 Novem Group and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novem Group's current Gross Margin % is 44.32%, which is 11% below median its own 10-year median of 49.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novem Group stock overvalued right now?
Novem Group (WBO:NVM) has a current Gross Margin % of 44.32%. The stock's GF Value™ is €7.63, compared to a current price of €2.62 — trading 65.7% below its estimated fair value. The current Gross Margin % is 44.32%, which is 11% below median its 10-year median of 49.99 and 123.4% above the Vehicles & Parts industry median of 19.84. 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 Novem Group (WBO:NVM), the current Gross Margin % is 44.32% 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.
Novem Group SA operates as a developer, supplier, and system supplier for trim parts and decorative functional elements in vehicle interiors. The products of the company are central consoles, dashboards, beltlines, and others. The company operates in three reportable geographical segments namely Europe, Americas, and Asia. The business activities of these segments include the production, processing, and sale of high-quality trims and decorative functional elements in vehicle interiors. The three reportable operating segments of the Group are Europe, Americas, and Asia.
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