Pierre & Vacances (XPAR:VAC) Gross Margin %: 44.01% (As of Sep. 2025) — 154% Above Median


XPAR:VAC Pierre & Vacances XPAR:VAC
63 GF Score
Price €1.82
GF Value €1.49
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Pierre & Vacances Gross Margin %?

Pierre & Vacances XPAR:VAC +0.78% 63 Gross Margin % is 44.01% as of Sep. 2025, which is 154% above its 10-year median of 17.34. GuruFocus rates XPAR:VAC with a GF Score™ of 63/100 and a GF Value™ of €1.49 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 793 Travel & Leisure companies, Pierre & Vacances ranks worse than 59.14% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Pierre & Vacances's Gross Profit for the six months ended in Sep. 2025 was €485 Mil. Pierre & Vacances's Revenue for the six months ended in Sep. 2025 was €1,101 Mil. Therefore, Pierre & Vacances's Gross Margin % for the quarter that ended in Sep. 2025 was 44.01%.


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

XPAR:VAC' s Gross Margin % Range Over the Past 10 Years
Min: 5.18   Med: 17.34   Max: 38.32
Current: 38.32


During the past 13 years, the highest Gross Margin % of Pierre & Vacances was 38.32%. The lowest was 5.18%. And the median was 17.34%.

XPAR:VAC's Gross Margin % is ranked worse than
59.14% of 793 companies
in the Travel & Leisure industry
Industry Median: 43.92 vs XPAR:VAC: 38.32

Pierre & Vacances had a gross margin of 44.01% for the quarter that ended in Sep. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pierre & Vacances was 19.50% per year.


Pierre & Vacances  (XPAR:VAC) 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

Pierre & Vacances had a gross margin of 44.01% for the quarter that ended in Sep. 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.


Pierre & Vacances Gross Margin % Related Terms


Pierre & Vacances Gross Margin % Historical Data

* Premium members only.

The historical data trend for Pierre & Vacances'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.

Pierre & Vacances Gross Margin % Chart

Pierre & Vacances Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.99 32.99 37.36 37.83 38.32

Pierre & Vacances Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 41.90 30.80 43.09 30.13 44.01

XPAR:VAC vs MAR, HLT, H: Gross Margin % Comparison

For the Lodging subindustry, Pierre & Vacances'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.


Pierre & Vacances Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pierre & Vacances's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pierre & Vacances's Gross Margin % falls into.


XPAR:VAC
63GF Score
Pierre & Vacances XPAR:VAC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pierre & Vacances Gross Margin % Calculation

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

Pierre & Vacances's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=715.3 / 1866.553
=(Revenue - Cost of Goods Sold) / Revenue
=(1866.553 - 1151.289) / 1866.553
=38.32 %

Pierre & Vacances's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=484.7 / 1101.419
=(Revenue - Cost of Goods Sold) / Revenue
=(1101.419 - 616.721) / 1101.419
=44.01 %

* 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 44.01% mean?
Pierre & Vacances (XPAR:VAC) has a Gross Margin % of 44.01% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Pierre & Vacances and its competitors. This is 154% above median its historical median of 17.34. Over the past decade, Pierre & Vacances' Gross Margin % has ranged from 5.18 to 38.32. According to the industry distribution chart, Pierre & Vacances ranks #469 out of 793 companies in the Travel & Leisure industry, placing it in the top 59.1%.
Is Pierre & Vacances' Gross Margin % too high?
Pierre & Vacances' current Gross Margin % of 44.01% is 154% above median its 10-year median of 17.34. Over the past 10 years, this metric has ranged from a low of 5.18 to a high of 38.32. The Travel & Leisure industry median Gross Margin % is 43.92. Pierre & Vacances' value of 44.01% is 0.2% above this industry median. Based on the distribution chart, Pierre & Vacances ranks #469 out of 793 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Pierre & Vacances has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pierre & Vacances' Gross Margin % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Pierre & Vacances ranks #469 out of 793 companies for Gross Margin %. This places Pierre & Vacances in the lower half of its industry. The industry median Gross Margin % is 43.92. Pierre & Vacances' value of 44.01% is 0.2% above this benchmark. Historically, Pierre & Vacances' own Gross Margin % has ranged from 5.18 to 38.32 over the past decade. While the company's 10-year median is 17.34 vs. the industry median of 43.92, Pierre & Vacances 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.92, based on 793 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. Pierre & Vacances's current Gross Margin % of 44.01% is 0.2% 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 Pierre & Vacances and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pierre & Vacances's current Gross Margin % is 44.01%, which is 154% above median its own 10-year median of 17.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pierre & Vacances stock overvalued right now?
Based on GuruFocus' analysis, Pierre & Vacances (XPAR:VAC) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.49, compared to a current price of €1.82 — trading 21.9% above its estimated fair value. The current Gross Margin % is 44.01%, which is 154% above median its 10-year median of 17.34 and 0.2% above the Travel & Leisure industry median of 43.92. Pierre & Vacances' overall GF Score™ is 63/100 with 7 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 Pierre & Vacances (XPAR:VAC), the current Gross Margin % is 44.01% as of Sep. 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 Pierre & Vacances (XPAR:VAC) Overvalued in 2026?

Based on GuruFocus' analysis, Pierre & Vacances stock appears to be overvalued. The current stock price of €1.82 is trading 21.9% above its estimated GF Value™ of €1.49. GuruFocus considers Pierre & Vacances to be Modestly Overvalued.

Key valuation signals for XPAR:VAC:

  • Gross Margin %: 44.01% (154% above median its 10-year median of 17.34)
  • GF Value™: €1.49 vs. price of €1.82 (21.9% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 0.2% above the Travel & Leisure median (#469 of 793)

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


Pierre & Vacances Business Description

Other Exchanges 0OQ0:UKPV6:Germany
Address L’Artois, Espace Pont de Flandre, 11, Rue de Cambrai, Paris Cedex 19, Paris, FRA, 75947
Pierre & Vacances is a France-based company engaged in providing holiday residences. The company's segment includes Center Parcs; Pierre and Vacances; Adagio; Major Projects and Senioriales and riales Holding company. It generates maximum revenue from the Center Parcs segment. The Center Parcs segment includes the operation of the Domaines marketed under the Center Parcs, Sunparks and Villages Nature brands, and the construction/renovation of tourism assets and real estate marketing activities in the Netherlands, Germany and Belgium.
63GF Score

Get the complete analysis for XPAR:VAC

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

€1.82
Price
€1.49
GF Value