Bolsa de Valores de Colombia (BOG:BVC) Gross Margin %: 84.89% (As of Dec. 2025) — Near Median


BOG:BVC Bolsa de Valores de Colombia SA BOG:BVC
68 GF Score
Price COP16,380.00
GF Value COP14,066.39
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Bolsa de Valores de Colombia Gross Margin %?

Bolsa de Valores de Colombia BOG:BVC +1.74% 68 Gross Margin % is 84.89% as of Dec. 2025, which is 3% above its 10-year median of 82.10. GuruFocus rates BOG:BVC with a GF Score™ of 68/100 and a GF Value™ of COP14,066.39 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 618 Capital Markets companies, Bolsa de Valores de Colombia ranks better than 84.95% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bolsa de Valores de Colombia's Gross Profit for the three months ended in Dec. 2025 was COP78,278 Mil. Bolsa de Valores de Colombia's Revenue for the three months ended in Dec. 2025 was COP92,210 Mil. Therefore, Bolsa de Valores de Colombia's Gross Margin % for the quarter that ended in Dec. 2025 was 84.89%.


The historical rank and industry rank for Bolsa de Valores de Colombia's Gross Margin % or its related term are showing as below:

BOG:BVC' s Gross Margin % Range Over the Past 10 Years
Min: 66.98   Med: 82.1   Max: 85.04
Current: 84.66


During the past 13 years, the highest Gross Margin % of Bolsa de Valores de Colombia was 85.04%. The lowest was 66.98%. And the median was 82.10%.

BOG:BVC's Gross Margin % is ranked better than
84.95% of 618 companies
in the Capital Markets industry
Industry Median: 48.285 vs BOG:BVC: 84.66

Bolsa de Valores de Colombia had a gross margin of 84.89% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bolsa de Valores de Colombia was 1.10% per year.


Bolsa de Valores de Colombia  (BOG:BVC) 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

Bolsa de Valores de Colombia had a gross margin of 84.89% 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.


Bolsa de Valores de Colombia Gross Margin % Related Terms


Bolsa de Valores de Colombia Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bolsa de Valores de Colombia'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.

Bolsa de Valores de Colombia Gross Margin % Chart

Bolsa de Valores de Colombia 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 81.48 82.31 82.55 85.04 84.66

Bolsa de Valores de Colombia Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 86.00 83.91 84.39 85.36 84.89

BOG:BVC vs SPGI, CME, ICE: Gross Margin % Comparison

For the Financial Data & Stock Exchanges subindustry, Bolsa de Valores de Colombia'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.


Bolsa de Valores de Colombia Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa de Valores de Colombia's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bolsa de Valores de Colombia's Gross Margin % falls into.


BOG:BVC
68GF Score
Bolsa de Valores de Colombia SA BOG:BVC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bolsa de Valores de Colombia Gross Margin % Calculation

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

Bolsa de Valores de Colombia'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 )
=304587.4 / 359765.487
=(Revenue - Cost of Goods Sold) / Revenue
=(359765.487 - 55178.049) / 359765.487
=84.66 %

Bolsa de Valores de Colombia'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 )
=78277.6 / 92209.926
=(Revenue - Cost of Goods Sold) / Revenue
=(92209.926 - 13932.354) / 92209.926
=84.89 %

* 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 84.89% mean?
Bolsa de Valores de Colombia (BOG:BVC) has a Gross Margin % of 84.89% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Bolsa de Valores de Colombia and its competitors. This is near median its historical median of 82.10. Over the past decade, Bolsa de Valores de Colombia's Gross Margin % has ranged from 66.98 to 85.04. According to the industry distribution chart, Bolsa de Valores de Colombia ranks #93 out of 618 companies in the Capital Markets industry, placing it in the top 15%.
Is Bolsa de Valores de Colombia's Gross Margin % too high?
Bolsa de Valores de Colombia's current Gross Margin % of 84.89% is near median its 10-year median of 82.10. Over the past 10 years, this metric has ranged from a low of 66.98 to a high of 85.04. The Capital Markets industry median Gross Margin % is 48.29. Bolsa de Valores de Colombia's value of 84.89% is 75.8% above this industry median. Based on the distribution chart, Bolsa de Valores de Colombia ranks #93 out of 618 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Bolsa de Valores de Colombia has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bolsa de Valores de Colombia's Gross Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Bolsa de Valores de Colombia ranks #93 out of 618 companies for Gross Margin %. This places Bolsa de Valores de Colombia in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 48.29. Bolsa de Valores de Colombia's value of 84.89% is 75.8% above this benchmark. Historically, Bolsa de Valores de Colombia's own Gross Margin % has ranged from 66.98 to 85.04 over the past decade. While the company's 10-year median is 82.10 vs. the industry median of 48.29, Bolsa de Valores de Colombia 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 48.29, based on 618 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. Bolsa de Valores de Colombia's current Gross Margin % of 84.89% is 75.8% 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 Bolsa de Valores de Colombia and its competitors. For the Capital Markets industry, the median Gross Margin % is 48.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bolsa de Valores de Colombia's current Gross Margin % is 84.89%, which is near median its own 10-year median of 82.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bolsa de Valores de Colombia stock overvalued right now?
Based on GuruFocus' analysis, Bolsa de Valores de Colombia (BOG:BVC) is currently considered Modestly Overvalued. The stock's GF Value™ is COP14,066.39, compared to a current price of COP16,380.00 — trading 16.4% above its estimated fair value. The current Gross Margin % is 84.89%, which is near median its 10-year median of 82.10 and 75.8% above the Capital Markets industry median of 48.29. Bolsa de Valores de Colombia's overall GF Score™ is 68/100 with 8 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 Bolsa de Valores de Colombia (BOG:BVC), the current Gross Margin % is 84.89% 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 Bolsa de Valores de Colombia (BOG:BVC) Overvalued in 2026?

Based on GuruFocus' analysis, Bolsa de Valores de Colombia stock appears to be overvalued. The current stock price of COP16,380.00 is trading 16.4% above its estimated GF Value™ of COP14,066.39. GuruFocus considers Bolsa de Valores de Colombia to be Modestly Overvalued.

Key valuation signals for BOG:BVC:

  • Gross Margin %: 84.89% (near median its 10-year median of 82.10)
  • GF Value™: COP14,066.39 vs. price of COP16,380.00 (16.4% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 75.8% above the Capital Markets median (#93 of 618)

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


Bolsa de Valores de Colombia Business Description

Address Cra 7 #71-21 Torre B Piso 12, Bogota, COL
Bolsa de Valores de Colombia SA is a operator of the Colombian capital markets infrastructure. The company offers solutions and services for Issuers (issuer services and issuances), Trading (access, transactions, and registration), Post-trading (risk management, clearing, settlement, custody, and securities administration), and Information (market information and price provision) in the transactional and OTC markets for equities, fixed income, derivatives, and foreign exchange.
68GF Score

Get the complete analysis for BOG:BVC

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

COP16,380.00
Price
COP14,066.39
GF Value