Safe at Sea AB (XSAT:SAFE) Gross Margin %: 90.79% (As of Mar. 2026) — 67% Above Median

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Director of Data and Quant Analytics at GuruFocus
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XSAT:SAFE Safe at Sea AB XSAT:SAFE
43 GF Score
Price kr1.22
GF Value kr0.97
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Safe at Sea AB Gross Margin %?

Safe at Sea AB XSAT:SAFE -0.82% 43 Gross Margin % is 90.79% as of Mar. 2026, which is 67% above its 10-year median of 54.46. GuruFocus rates XSAT:SAFE with a GF Score™ of 43/100 and a GF Value™ of kr0.97 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,007 Business Services companies, Safe at Sea AB ranks better than 75.37% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Safe at Sea AB's Gross Profit for the three months ended in Mar. 2026 was kr2.33 Mil. Safe at Sea AB's Revenue for the three months ended in Mar. 2026 was kr2.56 Mil. Therefore, Safe at Sea AB's Gross Margin % for the quarter that ended in Mar. 2026 was 90.79%.

Warning Sign:

Safe at Sea AB gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


The historical rank and industry rank for Safe at Sea AB's Gross Margin % or its related term are showing as below:

XSAT:SAFE' s Gross Margin % Range Over the Past 10 Years
Min: 44.81   Med: 54.46   Max: 78.58
Current: 56.03


During the past 13 years, the highest Gross Margin % of Safe at Sea AB was 78.58%. The lowest was 44.81%. And the median was 54.46%.

XSAT:SAFE's Gross Margin % is ranked better than
75.37% of 1007 companies
in the Business Services industry
Industry Median: 34.53 vs XSAT:SAFE: 56.03

Safe at Sea AB had a gross margin of 90.79% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Safe at Sea AB was -1.60% per year.


Safe at Sea AB  (XSAT:SAFE) 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

Safe at Sea AB had a gross margin of 90.79% 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.


Safe at Sea AB Gross Margin % Related Terms


Safe at Sea AB Gross Margin % Historical Data

* Premium members only.

The historical data trend for Safe at Sea AB'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.

Safe at Sea AB Gross Margin % Chart

Safe at Sea AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.00 46.08 74.14 44.81 54.78

Safe at Sea AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 76.24 58.55 34.02 91.08 90.79

XSAT:SAFE vs ALLE, MSA, ADT: Gross Margin % Comparison

For the Security & Protection Services subindustry, Safe at Sea AB'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.


Safe at Sea AB Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Safe at Sea AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Safe at Sea AB's Gross Margin % falls into.


XSAT:SAFE
43GF Score
Safe at Sea AB XSAT:SAFE
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safe at Sea AB Gross Margin % Calculation

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

Safe at Sea AB'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 )
=11.2 / 20.421
=(Revenue - Cost of Goods Sold) / Revenue
=(20.421 - 9.234) / 20.421
=54.78 %

Safe at Sea AB's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2.3 / 2.562
=(Revenue - Cost of Goods Sold) / Revenue
=(2.562 - 0.236) / 2.562
=90.79 %

* 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 90.79% mean?
Safe at Sea AB (XSAT:SAFE) has a Gross Margin % of 90.79% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Safe at Sea AB and its competitors. This is 67% above median its historical median of 54.46. Over the past decade, Safe at Sea AB's Gross Margin % has ranged from 44.81 to 78.58. According to the industry distribution chart, Safe at Sea AB ranks #248 out of 1007 companies in the Business Services industry, placing it in the top 24.6%.
Is Safe at Sea AB's Gross Margin % too high?
Safe at Sea AB's current Gross Margin % of 90.79% is 67% above median its 10-year median of 54.46. Over the past 10 years, this metric has ranged from a low of 44.81 to a high of 78.58. The Business Services industry median Gross Margin % is 34.53. Safe at Sea AB's value of 90.79% is 162.9% above this industry median. Based on the distribution chart, Safe at Sea AB ranks #248 out of 1007 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Safe at Sea AB has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safe at Sea AB's Gross Margin % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Safe at Sea AB ranks #248 out of 1007 companies for Gross Margin %. This places Safe at Sea AB in the top 25% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 34.53. Safe at Sea AB's value of 90.79% is 162.9% above this benchmark. Historically, Safe at Sea AB's own Gross Margin % has ranged from 44.81 to 78.58 over the past decade. While the company's 10-year median is 54.46 vs. the industry median of 34.53, Safe at Sea AB 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.53, based on 1,007 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. Safe at Sea AB's current Gross Margin % of 90.79% is 162.9% 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 Safe at Sea AB and its competitors. For the Business Services industry, the median Gross Margin % is 34.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe at Sea AB's current Gross Margin % is 90.79%, which is 67% above median its own 10-year median of 54.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe at Sea AB stock overvalued right now?
Based on GuruFocus' analysis, Safe at Sea AB (XSAT:SAFE) is currently considered Modestly Overvalued. The stock's GF Value™ is kr0.97, compared to a current price of kr1.22 — trading 25.3% above its estimated fair value. The current Gross Margin % is 90.79%, which is 67% above median its 10-year median of 54.46 and 162.9% above the Business Services industry median of 34.53. Safe at Sea AB's overall GF Score™ is 43/100 with 3 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 Safe at Sea AB (XSAT:SAFE), the current Gross Margin % is 90.79% 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 Safe at Sea AB (XSAT:SAFE) Overvalued in 2026?

Based on GuruFocus' analysis, Safe at Sea AB stock appears to be overvalued. The current stock price of kr1.22 is trading 25.3% above its estimated GF Value™ of kr0.97. GuruFocus considers Safe at Sea AB to be Modestly Overvalued.

Key valuation signals for XSAT:SAFE:

  • Gross Margin %: 90.79% (67% above median its 10-year median of 54.46)
  • GF Value™: kr0.97 vs. price of kr1.22 (25.3% above fair value)
  • GF Score™: 43/100 with 3 warning signs
  • Industry Position: 162.9% above the Business Services median (#248 of 1007)

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


Safe at Sea AB Business Description

Address Importgatan 15F, Hisings Backa, SWE, 442 46
Safe at Sea AB engages in the production, promotion, and sale of sea rescue equipment and systems worldwide. It principally produces Rescuerunner and Guardrunner.
43GF Score

Get the complete analysis for XSAT:SAFE

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

kr1.22
Price
kr0.97
GF Value