Thessaloniki Port Authority (ATH:OLTH) Gross Margin %: 46.59% (As of Dec. 2025) — Near Median


ATH:OLTH Thessaloniki Port Authority SA ATH:OLTH
90 GF Score
Price €39.00
GF Value €31.52
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Thessaloniki Port Authority Gross Margin %?

Thessaloniki Port Authority ATH:OLTH +1.04% 90 Gross Margin % is 46.59% as of Dec. 2025, which is 0% above its 10-year median of 46.58. GuruFocus rates ATH:OLTH with a GF Score™ of 90/100 and a GF Value™ of €31.52 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 985 Transportation companies, Thessaloniki Port Authority ranks better than 85.89% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Thessaloniki Port Authority's Gross Profit for the six months ended in Dec. 2025 was €25.2 Mil. Thessaloniki Port Authority's Revenue for the six months ended in Dec. 2025 was €54.1 Mil. Therefore, Thessaloniki Port Authority's Gross Margin % for the quarter that ended in Dec. 2025 was 46.59%.


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

ATH:OLTH' s Gross Margin % Range Over the Past 10 Years
Min: 36.52   Med: 46.58   Max: 47.28
Current: 46.88


During the past 13 years, the highest Gross Margin % of Thessaloniki Port Authority was 47.28%. The lowest was 36.52%. And the median was 46.58%.

ATH:OLTH's Gross Margin % is ranked better than
85.89% of 985 companies
in the Transportation industry
Industry Median: 20.42 vs ATH:OLTH: 46.88

Thessaloniki Port Authority had a gross margin of 46.59% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Thessaloniki Port Authority was 0.00% per year.


Thessaloniki Port Authority  (ATH:OLTH) 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

Thessaloniki Port Authority had a gross margin of 46.59% for the quarter that ended in Dec. 2025 => 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.


Thessaloniki Port Authority Gross Margin % Related Terms


Thessaloniki Port Authority Gross Margin % Historical Data

* Premium members only.

The historical data trend for Thessaloniki Port Authority'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.

Thessaloniki Port Authority Gross Margin % Chart

Thessaloniki Port Authority 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 46.47 43.22 43.74 46.76 46.88

Thessaloniki Port Authority Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 45.28 46.37 47.12 47.18 46.59

Thessaloniki Port Authority Gross Margin % Competitor Comparison

For the Marine Shipping subindustry, Thessaloniki Port Authority'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.


Thessaloniki Port Authority Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Thessaloniki Port Authority's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Thessaloniki Port Authority's Gross Margin % falls into.


ATH:OLTH
90GF Score
Thessaloniki Port Authority SA ATH:OLTH
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thessaloniki Port Authority Gross Margin % Calculation

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

Thessaloniki Port Authority'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 )
=50.3 / 107.389
=(Revenue - Cost of Goods Sold) / Revenue
=(107.389 - 57.042) / 107.389
=46.88 %

Thessaloniki Port Authority's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=25.2 / 54.121
=(Revenue - Cost of Goods Sold) / Revenue
=(54.121 - 28.908) / 54.121
=46.59 %

* 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 46.59% mean?
Thessaloniki Port Authority (ATH:OLTH) has a Gross Margin % of 46.59% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Thessaloniki Port Authority and its competitors. This is near median its historical median of 46.58. Over the past decade, Thessaloniki Port Authority's Gross Margin % has ranged from 36.52 to 47.28. According to the industry distribution chart, Thessaloniki Port Authority ranks #139 out of 985 companies in the Transportation industry, placing it in the top 14.1%.
Is Thessaloniki Port Authority's Gross Margin % too high?
Thessaloniki Port Authority's current Gross Margin % of 46.59% is near median its 10-year median of 46.58. Over the past 10 years, this metric has ranged from a low of 36.52 to a high of 47.28. The Transportation industry median Gross Margin % is 20.42. Thessaloniki Port Authority's value of 46.59% is 128.2% above this industry median. Based on the distribution chart, Thessaloniki Port Authority ranks #139 out of 985 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Thessaloniki Port Authority has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thessaloniki Port Authority's Gross Margin % compare to competitors?
According to the Transportation industry distribution chart, Thessaloniki Port Authority ranks #139 out of 985 companies for Gross Margin %. This places Thessaloniki Port Authority in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.42. Thessaloniki Port Authority's value of 46.59% is 128.2% above this benchmark. Historically, Thessaloniki Port Authority's own Gross Margin % has ranged from 36.52 to 47.28 over the past decade. While the company's 10-year median is 46.58 vs. the industry median of 20.42, Thessaloniki Port Authority 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 985 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. Thessaloniki Port Authority's current Gross Margin % of 46.59% is 128.2% 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 Thessaloniki Port Authority and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thessaloniki Port Authority's current Gross Margin % is 46.59%, which is near median its own 10-year median of 46.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thessaloniki Port Authority stock overvalued right now?
Based on GuruFocus' analysis, Thessaloniki Port Authority (ATH:OLTH) is currently considered Modestly Overvalued. The stock's GF Value™ is €31.52, compared to a current price of €39.00 — trading 23.7% above its estimated fair value. The current Gross Margin % is 46.59%, which is near median its 10-year median of 46.58 and 128.2% above the Transportation industry median of 20.42. Thessaloniki Port Authority's overall GF Score™ is 90/100 with 4 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 Thessaloniki Port Authority (ATH:OLTH), the current Gross Margin % is 46.59% 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 Thessaloniki Port Authority (ATH:OLTH) Overvalued in 2026?

Based on GuruFocus' analysis, Thessaloniki Port Authority stock appears to be overvalued. The current stock price of €39.00 is trading 23.7% above its estimated GF Value™ of €31.52. GuruFocus considers Thessaloniki Port Authority to be Modestly Overvalued.

Key valuation signals for ATH:OLTH:

  • Gross Margin %: 46.59% (near median its 10-year median of 46.58)
  • GF Value™: €31.52 vs. price of €39.00 (23.7% above fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 128.2% above the Transportation median (#139 of 985)

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


Thessaloniki Port Authority Business Description

Other Exchanges 03P:Germany
Address Pier No 1, Port of Thessaloniki, Thessaloniki, GRC, 54625
Thessaloniki Port Authority SA operates in the sector of auxiliary activities related to transportation, providing services at the Port of Thessaloniki, including loading and unloading of cargo, storage, port services and passenger traffic. Its business activities include services for unitized cargoes (containers), conventional cargoes (bulk, general and RO-RO), coastal and cruise passengers, vessels (anchoring, mooring, berthing and other services), users of port and non-port facilities including car parking operations, and intermodal transport services (dry-port) through the Company and its subsidiary ThPA Sofia EAD. The Company's operating segments are Container Terminal, Conventional Cargo, Passenger Traffic, Exploitation of Sites and Intermodal.
90GF Score

Get the complete analysis for ATH:OLTH

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

€39.00
Price
€31.52
GF Value