Hydrogen De France (XPAR:HDF) Gross Margin %: 92.02% (As of Dec. 2025) — Near Median


XPAR:HDF Hydrogen De France XPAR:HDF
73 GF Score
Price €3.21
GF Value €2.46
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Hydrogen De France Gross Margin %?

Hydrogen De France XPAR:HDF -0.47% 73 Gross Margin % is 92.02% as of Dec. 2025, which is 7% below its 10-year median of 98.68. GuruFocus rates XPAR:HDF with a GF Score™ of 73/100 and a GF Value™ of €2.46 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, Hydrogen De France ranks better than 91.07% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hydrogen De France's Gross Profit for the six months ended in Dec. 2025 was €0.54 Mil. Hydrogen De France's Revenue for the six months ended in Dec. 2025 was €0.59 Mil. Therefore, Hydrogen De France's Gross Margin % for the quarter that ended in Dec. 2025 was 92.02%.


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

XPAR:HDF' s Gross Margin % Range Over the Past 10 Years
Min: -6.99   Med: 98.68   Max: 147.91
Current: 85.37


During the past 8 years, the highest Gross Margin % of Hydrogen De France was 147.91%. The lowest was -6.99%. And the median was 98.68%.

XPAR:HDF's Gross Margin % is ranked better than
91.07% of 403 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.35 vs XPAR:HDF: 85.37

Hydrogen De France had a gross margin of 92.02% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hydrogen De France was 0.00% per year.


Hydrogen De France  (XPAR:HDF) 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

Hydrogen De France had a gross margin of 92.02% for the quarter that ended in Dec. 2025 => 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.


Hydrogen De France Gross Margin % Related Terms


Hydrogen De France Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hydrogen De France'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.

Hydrogen De France Gross Margin % Chart

Hydrogen De France Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 147.91 99.60 98.68 -6.99 85.37

Hydrogen De France Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.48 0.00 0.00 75.79 92.02

Hydrogen De France Gross Margin % Competitor Comparison

For the Utilities - Renewable subindustry, Hydrogen De France'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.


Hydrogen De France Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Hydrogen De France's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hydrogen De France's Gross Margin % falls into.


XPAR:HDF
73GF Score
Hydrogen De France XPAR:HDF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hydrogen De France Gross Margin % Calculation

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

Hydrogen De France'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 )
=0.9 / 0.998
=(Revenue - Cost of Goods Sold) / Revenue
=(0.998 - 0.146) / 0.998
=85.37 %

Hydrogen De France's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=0.5 / 0.589
=(Revenue - Cost of Goods Sold) / Revenue
=(0.589 - 0.047) / 0.589
=92.02 %

* 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 92.02% mean?
Hydrogen De France (XPAR:HDF) has a Gross Margin % of 92.02% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Hydrogen De France and its competitors. This is near median its historical median of 98.68. According to the industry distribution chart, Hydrogen De France ranks #36 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 8.9%.
Is Hydrogen De France's Gross Margin % too high?
Hydrogen De France's current Gross Margin % of 92.02% is near median its 10-year median of 98.68. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. Hydrogen De France's value of 92.02% is 193.5% above this industry median. Based on the distribution chart, Hydrogen De France ranks #36 out of 403 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Hydrogen De France has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hydrogen De France's Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Hydrogen De France ranks #36 out of 403 companies for Gross Margin %. This places Hydrogen De France in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 31.35. Hydrogen De France's value of 92.02% is 193.5% above this benchmark. While the company's 10-year median is 98.68 vs. the industry median of 31.35, Hydrogen De France 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 Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 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. Hydrogen De France's current Gross Margin % of 92.02% is 193.5% 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 Hydrogen De France and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydrogen De France's current Gross Margin % is 92.02%, which is near median its own 10-year median of 98.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydrogen De France stock overvalued right now?
Based on GuruFocus' analysis, Hydrogen De France (XPAR:HDF) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.46, compared to a current price of €3.21 — trading 30.5% above its estimated fair value. The current Gross Margin % is 92.02%, which is near median its 10-year median of 98.68 and 193.5% above the Utilities - Independent Power Producers industry median of 31.35. Hydrogen De France's overall GF Score™ is 73/100 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 Hydrogen De France (XPAR:HDF), the current Gross Margin % is 92.02% as of Dec. 2025. 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 Hydrogen De France (XPAR:HDF) Overvalued in 2026?

Based on GuruFocus' analysis, Hydrogen De France stock appears to be overvalued. The current stock price of €3.21 is trading 30.5% above its estimated GF Value™ of €2.46. GuruFocus considers Hydrogen De France to be Modestly Overvalued.

Key valuation signals for XPAR:HDF:

  • Gross Margin %: 92.02% (near median its 10-year median of 98.68)
  • GF Value™: €2.46 vs. price of €3.21 (30.5% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 193.5% above the Utilities - Independent Power Producers median (#36 of 403)

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


Hydrogen De France Business Description

Other Exchanges 9QW:Germany
Address 20 rue Jean Jaures, Lormont, FRA, 33310
Hydrogen De France is a global pioneer in hydrogen power. The company develops and operates high capacity large-scale Hydrogen-to-Power infrastructure to provide firm or on-demand electricity from renewable energy sources, combined with high power multimegawatt fuel cells.
73GF Score

Get the complete analysis for XPAR:HDF

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

€3.21
Price
€2.46
GF Value