Forbo Holding AGXSWX:FORN +0.41%73 Gross Margin % is 32.09% as of Dec. 2025, which is 12% below its 10-year median of 36.33. GuruFocus rates XSWX:FORN with a GF Score™ of 73/100 and a GF Value™ of CHF879.59 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,724 Construction companies, Forbo Holding AG ranks better than 73.26% on this metric.
Forbo Holding AG gross margin has been in long-term decline. The average rate of decline per year is -1.9%.
The historical rank and industry rank for Forbo Holding AG's Gross Margin % or its related term are showing as below:
XSWX:FORN'
s Gross Margin % Range Over the Past 10 Years
Min: 33.04 Med: 36.33 Max: 39.67
Current: 33.04
During the past 13 years, the highestGross Margin % of Forbo Holding AG was 39.67%. The lowest was 33.04%. And the median was 36.33%.
XSWX:FORN's Gross Margin % is ranked better than 73.26% of 1724
companies
in the Construction industry
Industry Median: 20.705
vs XSWX:FORN: 33.04
Forbo Holding AG had a gross margin of 32.09% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Forbo Holding AG was -1.90% per year.
Forbo Holding AG (XSWX:FORN) 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
Forbo Holding AG had a gross margin of 32.09% for the quarter that ended in Dec. 2025 => Competition eroding margins
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.
Forbo Holding AG Gross Margin % Related Terms
Forbo Holding AG Gross Margin % Historical Data
* Premium members only.
The historical data trend for Forbo Holding AG'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.
XSWX:FORN vs TT, JCI, CARR: Gross Margin % Comparison
For the Building Products & Equipment subindustry, Forbo Holding AG'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.
Forbo Holding AG Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Forbo Holding AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Forbo Holding AG'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.
Forbo Holding AG (XSWX:FORN) has a Gross Margin % of 32.09% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Forbo Holding AG and its competitors. This is 12% below median its historical median of 36.33. Over the past decade, Forbo Holding AG's Gross Margin % has ranged from 33.04 to 39.67. According to the industry distribution chart, Forbo Holding AG ranks #461 out of 1724 companies in the Construction industry, placing it in the top 26.7%.
Is Forbo Holding AG's Gross Margin % too high?
Forbo Holding AG's current Gross Margin % of 32.09% is 12% below median its 10-year median of 36.33. Over the past 10 years, this metric has ranged from a low of 33.04 to a high of 39.67. The Construction industry median Gross Margin % is 20.71. Forbo Holding AG's value of 32.09% is 55% above this industry median. Based on the distribution chart, Forbo Holding AG ranks #461 out of 1724 companies in the Construction industry, which is above the industry midpoint. Overall, Forbo Holding AG has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forbo Holding AG's Gross Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Forbo Holding AG ranks #461 out of 1724 companies for Gross Margin %. This puts Forbo Holding AG in the upper half of its industry. The industry median Gross Margin % is 20.71. Forbo Holding AG's value of 32.09% is 55% above this benchmark. Historically, Forbo Holding AG's own Gross Margin % has ranged from 33.04 to 39.67 over the past decade. While the company's 10-year median is 36.33 vs. the industry median of 20.71, Forbo Holding AG 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 Construction company?
The median Gross Margin % among Construction companies is 20.71, based on 1,724 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. Forbo Holding AG's current Gross Margin % of 32.09% is 55% 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 Forbo Holding AG and its competitors. For the Construction industry, the median Gross Margin % is 20.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forbo Holding AG's current Gross Margin % is 32.09%, which is 12% below median its own 10-year median of 36.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forbo Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Forbo Holding AG (XSWX:FORN) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF879.59, compared to a current price of CHF739.00 — trading 16% below its estimated fair value. The current Gross Margin % is 32.09%, which is 12% below median its 10-year median of 36.33 and 55% above the Construction industry median of 20.71. Forbo Holding AG's overall GF Score™ is 73/100 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 Forbo Holding AG (XSWX:FORN), the current Gross Margin % is 32.09% 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 Forbo Holding AG (XSWX:FORN) Overvalued in 2026?
Based on GuruFocus' analysis, Forbo Holding AG stock appears to be undervalued.
The current stock price of CHF739.00 is trading 16% below its estimated GF Value™ of CHF879.59.
GuruFocus considers Forbo Holding AG to be Modestly Undervalued.
Key valuation signals for XSWX:FORN:
Gross Margin %: 32.09% (12% below median its 10-year median of 36.33)
GF Value™: CHF879.59 vs. price of CHF739.00 (16% below fair value)
Industry Position: 55% above the Construction median (#461 of 1724)
No single metric tells the full story. See the XSWX:FORN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forbo Holding AG manufactures and sells flooring and movement systems. The company organizes itself into two segments based on product type. The Flooring Systems segment, which generates the majority of revenue, sells commercial and residential floor coverings, entrance flooring systems, and building and construction flooring adhesives to the construction and remodeling industries. The Movement Systems segment sells conveyor and processing belts, plastic modular belts, power transmission belts, and flat modular belts, to the food, automotive, and fitness equipment industries. The majority of revenue comes from Europe, and also has its presence in Americas and Asia/Pacific and Africa.
73GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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