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Karo LeatherXPRA:KARIN 90 Gross Margin % is 49.08% as of Dec. 2025, which is 140% above its 10-year median of 20.41. GuruFocus rates XPRA:KARIN with a GF Score™ of 90/100 and a GF Value™ of Kč122.59 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Karo Leather ranks better than 75.66% on this metric.
The historical rank and industry rank for Karo Leather's Gross Margin % or its related term are showing as below:
XPRA:KARIN'
s Gross Margin % Range Over the Past 10 Years
Min: 16.64 Med: 20.41 Max: 50.4
Current: 49.08
During the past 8 years, the highestGross Margin % of Karo Leather was 50.40%. The lowest was 16.64%. And the median was 20.41%.
XPRA:KARIN's Gross Margin % is ranked better than 75.66% of 1027
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.53
vs XPRA:KARIN: 49.08
Karo Leather had a gross margin of 49.08% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Karo Leather was 22.40% per year.
Karo Leather (XPRA:KARIN) 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
Karo Leather had a gross margin of 49.08% 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.
Karo Leather Gross Margin % Related Terms
Karo Leather Gross Margin % Historical Data
* Premium members only.
The historical data trend for Karo Leather'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 Textile Manufacturing subindustry, Karo Leather'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.
Karo Leather Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Karo Leather's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Karo Leather'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.
Karo Leather (XPRA:KARIN) has a Gross Margin % of 49.08% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Karo Leather and its competitors. This is 140% above median its historical median of 20.41. Over the past decade, Karo Leather's Gross Margin % has ranged from 16.64 to 50.40. According to the industry distribution chart, Karo Leather ranks #250 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 24.3%.
Is Karo Leather's Gross Margin % too high?
Karo Leather's current Gross Margin % of 49.08% is 140% above median its 10-year median of 20.41. Over the past 10 years, this metric has ranged from a low of 16.64 to a high of 50.40. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.53. Karo Leather's value of 49.08% is 72% above this industry median. Based on the distribution chart, Karo Leather ranks #250 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Karo Leather has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Karo Leather's Gross Margin % compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Karo Leather ranks #250 out of 1027 companies for Gross Margin %. This places Karo Leather in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.53. Karo Leather's value of 49.08% is 72% above this benchmark. Historically, Karo Leather's own Gross Margin % has ranged from 16.64 to 50.40 over the past decade. While the company's 10-year median is 20.41 vs. the industry median of 28.53, Karo Leather 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.53, based on 1,027 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. Karo Leather's current Gross Margin % of 49.08% is 72% 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 Karo Leather and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karo Leather's current Gross Margin % is 49.08%, which is 140% above median its own 10-year median of 20.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karo Leather stock overvalued right now?
Based on GuruFocus' analysis, Karo Leather (XPRA:KARIN) is currently considered Modestly Overvalued. The stock's GF Value™ is Kč122.59, compared to a current price of Kč140.00 — trading 14.2% above its estimated fair value. The current Gross Margin % is 49.08%, which is 140% above median its 10-year median of 20.41 and 72% above the Manufacturing - Apparel & Accessories industry median of 28.53. Karo Leather's overall GF Score™ is 90/100 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 Karo Leather (XPRA:KARIN), the current Gross Margin % is 49.08% 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 Karo Leather (XPRA:KARIN) Overvalued in 2026?
Based on GuruFocus' analysis, Karo Leather stock appears to be overvalued.
The current stock price of Kč140.00 is trading 14.2% above its estimated GF Value™ of Kč122.59.
GuruFocus considers Karo Leather to be Modestly Overvalued.
Key valuation signals for XPRA:KARIN:
Gross Margin %: 49.08% (140% above median its 10-year median of 20.41)
GF Value™: Kč122.59 vs. price of Kč140.00 (14.2% above fair value)
Industry Position: 72% above the Manufacturing - Apparel & Accessories median (#250 of 1027)
No single metric tells the full story. See the XPRA:KARIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Karo Leather is engaged in machine processing and trading of leather for the furniture industry and selling of cowhides. Its products include sells buffalo, cowhide products; and upholstery leather. It markets products in European Union countries, especially Poland.
90GF Score
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