Hoenle AG (XTER:HNL) Gross Margin %: 63.66% (As of Mar. 2026) — Near Median


XTER:HNL Hoenle AG XTER:HNL
74 GF Score
Price €8.52
GF Value €9.93
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Hoenle AG Gross Margin %?

Hoenle AG XTER:HNL +0.47% 74 Gross Margin % is 63.66% as of Mar. 2026, which is 0% above its 10-year median of 63.35. GuruFocus rates XTER:HNL with a GF Score™ of 74/100 and a GF Value™ of €9.93 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,996 Industrial Products companies, Hoenle AG ranks better than 96.46% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hoenle AG's Gross Profit for the three months ended in Mar. 2026 was €15.18 Mil. Hoenle AG's Revenue for the three months ended in Mar. 2026 was €23.84 Mil. Therefore, Hoenle AG's Gross Margin % for the quarter that ended in Mar. 2026 was 63.66%.


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

XTER:HNL' s Gross Margin % Range Over the Past 10 Years
Min: 50.17   Med: 63.35   Max: 67.59
Current: 63.46


During the past 13 years, the highest Gross Margin % of Hoenle AG was 67.59%. The lowest was 50.17%. And the median was 63.35%.

XTER:HNL's Gross Margin % is ranked better than
96.46% of 2996 companies
in the Industrial Products industry
Industry Median: 26.8 vs XTER:HNL: 63.46

Hoenle AG had a gross margin of 63.66% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hoenle AG was -0.90% per year.


Hoenle AG  (XTER:HNL) 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

Hoenle AG had a gross margin of 63.66% 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.


Hoenle AG Gross Margin % Related Terms


Hoenle AG Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hoenle 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.

Hoenle AG Gross Margin % Chart

Hoenle AG 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 60.21 54.60 50.17 58.73 62.62

Hoenle AG 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 60.24 62.84 62.92 64.50 63.66

XTER:HNL vs VRT, BE, HUBB: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, Hoenle 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.


Hoenle AG Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hoenle AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hoenle AG's Gross Margin % falls into.


XTER:HNL
74GF Score
Hoenle AG XTER:HNL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoenle AG Gross Margin % Calculation

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

Hoenle AG'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 )
=58.7 / 93.682
=(Revenue - Cost of Goods Sold) / Revenue
=(93.682 - 35.02) / 93.682
=62.62 %

Hoenle AG'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 )
=15.2 / 23.844
=(Revenue - Cost of Goods Sold) / Revenue
=(23.844 - 8.664) / 23.844
=63.66 %

* 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 63.66% mean?
Hoenle AG (XTER:HNL) has a Gross Margin % of 63.66% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hoenle AG and its competitors. This is near median its historical median of 63.35. Over the past decade, Hoenle AG's Gross Margin % has ranged from 50.17 to 67.59. According to the industry distribution chart, Hoenle AG ranks #106 out of 2996 companies in the Industrial Products industry, placing it in the top 3.5%.
Is Hoenle AG's Gross Margin % too high?
Hoenle AG's current Gross Margin % of 63.66% is near median its 10-year median of 63.35. Over the past 10 years, this metric has ranged from a low of 50.17 to a high of 67.59. The Industrial Products industry median Gross Margin % is 26.80. Hoenle AG's value of 63.66% is 137.5% above this industry median. Based on the distribution chart, Hoenle AG ranks #106 out of 2996 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Hoenle AG has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoenle AG's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hoenle AG ranks #106 out of 2996 companies for Gross Margin %. This places Hoenle AG in the top 4% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.80. Hoenle AG's value of 63.66% is 137.5% above this benchmark. Historically, Hoenle AG's own Gross Margin % has ranged from 50.17 to 67.59 over the past decade. While the company's 10-year median is 63.35 vs. the industry median of 26.80, Hoenle 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.80, based on 2,996 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. Hoenle AG's current Gross Margin % of 63.66% is 137.5% 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 Hoenle AG and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoenle AG's current Gross Margin % is 63.66%, which is near median its own 10-year median of 63.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoenle AG stock overvalued right now?
Based on GuruFocus' analysis, Hoenle AG (XTER:HNL) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.93, compared to a current price of €8.52 — trading 14.2% below its estimated fair value. The current Gross Margin % is 63.66%, which is near median its 10-year median of 63.35 and 137.5% above the Industrial Products industry median of 26.80. Hoenle AG's overall GF Score™ is 74/100 with 2 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 Hoenle AG (XTER:HNL), the current Gross Margin % is 63.66% 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 Hoenle AG (XTER:HNL) Overvalued in 2026?

Based on GuruFocus' analysis, Hoenle AG stock appears to be undervalued. The current stock price of €8.52 is trading 14.2% below its estimated GF Value™ of €9.93. GuruFocus considers Hoenle AG to be Modestly Undervalued.

Key valuation signals for XTER:HNL:

  • Gross Margin %: 63.66% (near median its 10-year median of 63.35)
  • GF Value™: €9.93 vs. price of €8.52 (14.2% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 137.5% above the Industrial Products median (#106 of 2996)

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


Hoenle AG Business Description

Other Exchanges 0O27:UKHNLG:Austria
Address Nicolaus-Otto-Street 2, Gilching, Munich, BY, DEU, 82205
Hoenle AG develops, manufactures, and markets industrial UV technology. The company operates in UV, LED-UV, IR / HA, Inert-UV and Excimer systems and equipment, industrial adhesives, UV and IR lamps, UV measuring technology and reflectors and Electronic Power Supplies. The solutions provided by the company are Printing, Converting and Coating, Bonding, Potting and Fluorescence Testing, and Disinfection of Surfaces, Liquids and Gases.
74GF Score

Get the complete analysis for XTER:HNL

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

€8.52
Price
€9.93
GF Value