PromigasBOG:PROMIGAS -2.08%91 Gross Margin % is 33.60% as of Mar. 2026, which is 1% below its 10-year median of 33.88. GuruFocus rates BOG:PROMIGAS with a GF Score™ of 91/100 and a GF Value™ of COP6,579.95 (Fairly Valued). The stock has 7 warning signs investors should review. Among 489 Utilities - Regulated companies, Promigas ranks better than 54.81% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Promigas's Gross Profit for the
three
months ended in Mar. 2026 was COP578,770 Mil. Promigas's Revenue for the
three
months ended in Mar. 2026 was COP1,722,754 Mil. Therefore, Promigas's Gross Margin % for the quarter that ended in Mar. 2026 was 33.60%.
Warning Sign:
Promigas SA gross margin has been in long-term decline. The average rate of decline per year is -1.9%.
The historical rank and industry rank for Promigas's Gross Margin % or its related term are showing as below:
BOG:PROMIGAS'
s Gross Margin % Range Over the Past 10 Years
Min: 28.46 Med: 33.88 Max: 37.89
Current: 33.42
During the past 13 years, the highestGross Margin % of Promigas was 37.89%. The lowest was 28.46%. And the median was 33.88%.
BOG:PROMIGAS's Gross Margin % is ranked better than 54.81% of 489
companies
in the Utilities - Regulated industry
Industry Median: 30.88
vs BOG:PROMIGAS: 33.42
Promigas had a gross margin of 33.60% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Promigas was -1.90% per year.
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
Promigas had a gross margin of 33.60% for the quarter that ended in Mar. 2026 => 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.
Promigas Gross Margin % Related Terms
Promigas Gross Margin % Historical Data
* Premium members only.
The historical data trend for Promigas'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.
BOG:PROMIGAS vs ATO, NI, UGI: Gross Margin % Comparison
For the Utilities - Regulated Gas subindustry, Promigas'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.
Promigas Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Promigas's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Promigas'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.
Promigas (BOG:PROMIGAS) has a Gross Margin % of 33.60% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Promigas and its competitors. This is near median its historical median of 33.88. Over the past decade, Promigas' Gross Margin % has ranged from 28.46 to 37.89. According to the industry distribution chart, Promigas ranks #221 out of 489 companies in the Utilities - Regulated industry, placing it in the top 45.2%.
Is Promigas' Gross Margin % too high?
Promigas' current Gross Margin % of 33.60% is near median its 10-year median of 33.88. Over the past 10 years, this metric has ranged from a low of 28.46 to a high of 37.89. The Utilities - Regulated industry median Gross Margin % is 30.88. Promigas' value of 33.60% is 8.8% above this industry median. Based on the distribution chart, Promigas ranks #221 out of 489 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Promigas has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Promigas' Gross Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Promigas ranks #221 out of 489 companies for Gross Margin %. This puts Promigas in the upper half of its industry. The industry median Gross Margin % is 30.88. Promigas' value of 33.60% is 8.8% above this benchmark. Historically, Promigas' own Gross Margin % has ranged from 28.46 to 37.89 over the past decade. While the company's 10-year median is 33.88 vs. the industry median of 30.88, Promigas 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 Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.88, based on 489 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. Promigas's current Gross Margin % of 33.60% is 8.8% 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 Promigas and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Promigas's current Gross Margin % is 33.60%, which is near median its own 10-year median of 33.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Promigas stock overvalued right now?
Based on GuruFocus' analysis, Promigas (BOG:PROMIGAS) is currently considered Fairly Valued. The stock's GF Value™ is COP6,579.95, compared to a current price of COP6,590.00 — trading 0.2% above its estimated fair value. The current Gross Margin % is 33.60%, which is near median its 10-year median of 33.88 and 8.8% above the Utilities - Regulated industry median of 30.88. Promigas' overall GF Score™ is 91/100 with 7 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 Promigas (BOG:PROMIGAS), the current Gross Margin % is 33.60% 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 Promigas (BOG:PROMIGAS) Overvalued in 2026?
Based on GuruFocus' analysis, Promigas stock appears to be overvalued.
The current stock price of COP6,590.00 is trading 0.2% above its estimated GF Value™ of COP6,579.95.
GuruFocus considers Promigas to be Fairly Valued.
Key valuation signals for BOG:PROMIGAS:
Gross Margin %: 33.60% (near median its 10-year median of 33.88)
GF Value™: COP6,579.95 vs. price of COP6,590.00 (0.2% above fair value)
Industry Position: 8.8% above the Utilities - Regulated median (#221 of 489)
No single metric tells the full story. See the BOG:PROMIGAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Promigas SA is engaged in the purchase, sale, transportation, distribution, exploitation and exploration of natural gas, oil and hydrocarbons in general and of gas, oil and all types of energy activities, including, but not limited to renewable, conventional and non-conventional. It can also sell or provide goods or services to third parties, either financial or non-financial, and to finance with its own resources the acquisition of goods or services by third parties. Its segments include Gas transportation, Gas distribution, Distribution and sale of gas and energy, Integrated solutions for the industry, and Non-bank financing. It derives the majority of revenue from Gas transportation segment.
91GF Score
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