Kumulus VapeFRA:8E9 +2.84%76 Net Margin % is 0.52% as of Dec. 2025, which is 87% below its 10-year median of 3.93. GuruFocus rates FRA:8E9 with a GF Score™ of 76/100 and a GF Value™ of €5.92. The stock has 4 warning signs investors should review. Among 1,123 Retail - Cyclical companies, Kumulus Vape ranks worse than 55.48% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Kumulus Vape's Net Income for the
six
months ended in Dec. 2025 was €0.16 Mil. Kumulus Vape's Revenue for the
six
months ended in Dec. 2025 was €30.28 Mil. Therefore, Kumulus Vape's net margin for the quarter that ended in Dec. 2025 was 0.52%.
The historical rank and industry rank for Kumulus Vape's Net Margin % or its related term are showing as below:
FRA:8E9'
s Net Margin % Range Over the Past 10 Years
Min: 0.74 Med: 3.93 Max: 4.55
Current: 1.73
FRA:8E9's Net Margin % is ranked worse than 55.48% of 1123
companies
in the Retail - Cyclical industry
Industry Median: 2.34
vs FRA:8E9: 1.73
Kumulus Vape (FRA:8E9) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Kumulus Vape Net Margin % Related Terms
Kumulus Vape Net Margin % Historical Data
* Premium members only.
The historical data trend for Kumulus Vape's Net 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.
FRA:8E9 vs AMZN, BABA, PDD: Net Margin % Comparison
For the Internet Retail subindustry, Kumulus Vape's Net Margin %, along with its competitors' market caps and Net 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.
Kumulus Vape Net Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Kumulus Vape's Net Margin % distribution charts can be found below:
* The bar in red indicates where Kumulus Vape's Net 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.
Kumulus Vape (FRA:8E9) has a Net Margin % of 0.52% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Kumulus Vape and its competitors. This is 87% below median its historical median of 3.93. Over the past decade, Kumulus Vape's Net Margin % has ranged from 0.74 to 4.55. According to the industry distribution chart, Kumulus Vape ranks #623 out of 1123 companies in the Retail - Cyclical industry, placing it in the top 55.5%.
Is Kumulus Vape's Net Margin % too high?
Kumulus Vape's current Net Margin % of 0.52% is 87% below median its 10-year median of 3.93. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 4.55. The Retail - Cyclical industry median Net Margin % is 2.34. Kumulus Vape's value of 0.52% is 77.8% below this industry median. Based on the distribution chart, Kumulus Vape ranks #623 out of 1123 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Kumulus Vape has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Kumulus Vape's Net Margin % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Kumulus Vape ranks #623 out of 1123 companies for Net Margin %. This places Kumulus Vape in the lower half of its industry. The industry median Net Margin % is 2.34. Kumulus Vape's value of 0.52% is 77.8% below this benchmark. Historically, Kumulus Vape's own Net Margin % has ranged from 0.74 to 4.55 over the past decade. While the company's 10-year median is 3.93 vs. the industry median of 2.34, Kumulus Vape has consistently been below 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 Net Margin % for a Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.34, based on 1,123 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kumulus Vape's current Net Margin % of 0.52% is 77.8% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Kumulus Vape and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kumulus Vape's current Net Margin % is 0.52%, which is 87% below median its own 10-year median of 3.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumulus Vape stock overvalued right now?
Kumulus Vape (FRA:8E9) has a current Net Margin % of 0.52%. The stock's GF Value™ is €5.92, compared to a current price of €2.90 — trading 51% below its estimated fair value. The current Net Margin % is 0.52%, which is 87% below median its 10-year median of 3.93 and 77.8% below the Retail - Cyclical industry median of 2.34. Kumulus Vape's overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Kumulus Vape (FRA:8E9), the current Net Margin % is 0.52% 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 Kumulus Vape (FRA:8E9) Overvalued in 2026?
Based on GuruFocus' analysis, Kumulus Vape stock appears to be undervalued.
The current stock price of €2.90 is trading 51% below its estimated GF Value™ of €5.92.
Key valuation signals for FRA:8E9:
Net Margin %: 0.52% (87% below median its 10-year median of 3.93)
GF Value™: €5.92 vs. price of €2.90 (51% below fair value)
Industry Position: 77.8% below the Retail - Cyclical median (#623 of 1123)
No single metric tells the full story. See the FRA:8E9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kumulus Vape specializes in the online distribution of electronic cigarettes and related products (equipment, e-liquids, and accessories). The activity is organized around two business areas: BtoC: the company commercializes its retail products on its online platform; BtoB: the KMLS PRO platform is the central purchase platform for professionals (networks of several outlets or independent shops) in the vape sector.
76GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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