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Saunders InternationalASX:SND +2.96%76 Gross Margin % is 37.97% as of Dec. 2025, which is 17% below its 10-year median of 45.80. GuruFocus rates ASX:SND with a GF Score™ of 76/100 and a GF Value™ of A$1.04 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,722 Construction companies, Saunders International ranks better than 99.83% on this metric.
ASX:SND's Gross Margin % is ranked better than 99.83% of 1722
companies
in the Construction industry
Industry Median: 20.7
vs ASX:SND: 167.53
Saunders International had a gross margin of 37.97% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Saunders International was 4.40% per year.
Saunders International (ASX:SND) 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
Saunders International had a gross margin of 37.97% 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.
Saunders International Gross Margin % Related Terms
Saunders International Gross Margin % Historical Data
* Premium members only.
The historical data trend for Saunders International'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.
ASX:SND vs PWR, FIX, EME: Gross Margin % Comparison
For the Engineering & Construction subindustry, Saunders International'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.
Saunders International Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Saunders International's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Saunders International'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.
Saunders International (ASX:SND) has a Gross Margin % of 37.97% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Saunders International and its competitors. This is 17% below median its historical median of 45.80. Over the past decade, Saunders International's Gross Margin % has ranged from 32.63 to 167.53. According to the industry distribution chart, Saunders International ranks #3 out of 1722 companies in the Construction industry, placing it in the top 0.2%.
Is Saunders International's Gross Margin % too high?
Saunders International's current Gross Margin % of 37.97% is 17% below median its 10-year median of 45.80. Over the past 10 years, this metric has ranged from a low of 32.63 to a high of 167.53. The Construction industry median Gross Margin % is 20.70. Saunders International's value of 37.97% is 83.4% above this industry median. Based on the distribution chart, Saunders International ranks #3 out of 1722 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Saunders International has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saunders International's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Saunders International ranks #3 out of 1722 companies for Gross Margin %. This places Saunders International in the top 0% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.70. Saunders International's value of 37.97% is 83.4% above this benchmark. Historically, Saunders International's own Gross Margin % has ranged from 32.63 to 167.53 over the past decade. While the company's 10-year median is 45.80 vs. the industry median of 20.70, Saunders International 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 20.70, based on 1,722 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. Saunders International's current Gross Margin % of 37.97% is 83.4% 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 Saunders International and its competitors. For the Construction industry, the median Gross Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saunders International's current Gross Margin % is 37.97%, which is 17% below median its own 10-year median of 45.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saunders International stock overvalued right now?
Based on GuruFocus' analysis, Saunders International (ASX:SND) is currently considered Fairly Valued. The stock's GF Value™ is A$1.04, compared to a current price of A$1.05 — trading 0.5% above its estimated fair value. The current Gross Margin % is 37.97%, which is 17% below median its 10-year median of 45.80 and 83.4% above the Construction industry median of 20.70. Saunders International's overall GF Score™ is 76/100 with 9 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 Saunders International (ASX:SND), the current Gross Margin % is 37.97% 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 Saunders International (ASX:SND) Overvalued in 2026?
Based on GuruFocus' analysis, Saunders International stock appears to be overvalued.
The current stock price of A$1.05 is trading 0.5% above its estimated GF Value™ of A$1.04.
GuruFocus considers Saunders International to be Fairly Valued.
Key valuation signals for ASX:SND:
Gross Margin %: 37.97% (17% below median its 10-year median of 45.80)
GF Value™: A$1.04 vs. price of A$1.05 (0.5% above fair value)
Industry Position: 83.4% above the Construction median (#3 of 1722)
No single metric tells the full story. See the ASX:SND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saunders International Ltd is a multidisciplinary Australian company providing engineering, construction, and industrial asset services. It is involved in delivering liquid storage and transfer, structural, mechanical and piping (SMP), industrial automation and electrical, civil infrastructure, and industrial asset services to organisations across Australia and the Pacific region. These activities are performed across the key markets of Defence and Government, Water, Energy and Resources and Industrials. The group operates in one reporting segment, being the provision of design, construction, fabrication, shutdown, maintenance, and industrial automation services to organisations of steel storage tanks and concrete bridges.
76GF Score
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