Marisa Lojas (BSP:AMAR3) Gross Margin %: 49.10% (As of Mar. 2026) — Near Median


BSP:AMAR3 Marisa Lojas SA BSP:AMAR3
26 GF Score
Price R$0.62
GF Value R$0.35
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Marisa Lojas Gross Margin %?

Marisa Lojas BSP:AMAR3 -4.62% 26 Gross Margin % is 49.10% as of Mar. 2026, which is 4% above its 10-year median of 47.22. GuruFocus rates BSP:AMAR3 with a GF Score™ of 26/100 and a GF Value™ of R$0.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Marisa Lojas ranks better than 76.19% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Marisa Lojas's Gross Profit for the three months ended in Mar. 2026 was R$141 Mil. Marisa Lojas's Revenue for the three months ended in Mar. 2026 was R$286 Mil. Therefore, Marisa Lojas's Gross Margin % for the quarter that ended in Mar. 2026 was 49.10%.


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

BSP:AMAR3' s Gross Margin % Range Over the Past 10 Years
Min: 37.31   Med: 47.22   Max: 52.96
Current: 52.58


During the past 13 years, the highest Gross Margin % of Marisa Lojas was 52.96%. The lowest was 37.31%. And the median was 47.22%.

BSP:AMAR3's Gross Margin % is ranked better than
76.19% of 1113 companies
in the Retail - Cyclical industry
Industry Median: 36.26 vs BSP:AMAR3: 52.58

Marisa Lojas had a gross margin of 49.10% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Marisa Lojas was 5.70% per year.


Marisa Lojas  (BSP:AMAR3) 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

Marisa Lojas had a gross margin of 49.10% for the quarter that ended in Mar. 2026 => 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.


Marisa Lojas Gross Margin % Related Terms


Marisa Lojas Gross Margin % Historical Data

* Premium members only.

The historical data trend for Marisa Lojas'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.

Marisa Lojas Gross Margin % Chart

Marisa Lojas 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 46.62 48.41 49.17 49.10 52.96

Marisa Lojas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 51.09 54.18 51.23 54.37 49.10

BSP:AMAR3 vs TJX, ROST, BURL: Gross Margin % Comparison

For the Apparel Retail subindustry, Marisa Lojas'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.


Marisa Lojas Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Marisa Lojas's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Marisa Lojas's Gross Margin % falls into.


BSP:AMAR3
26GF Score
Marisa Lojas SA BSP:AMAR3
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marisa Lojas Gross Margin % Calculation

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

Marisa Lojas'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 )
=785.5 / 1483.225
=(Revenue - Cost of Goods Sold) / Revenue
=(1483.225 - 697.767) / 1483.225
=52.96 %

Marisa Lojas's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=140.6 / 286.454
=(Revenue - Cost of Goods Sold) / Revenue
=(286.454 - 145.818) / 286.454
=49.10 %

* 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 49.10% mean?
Marisa Lojas (BSP:AMAR3) has a Gross Margin % of 49.10% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Marisa Lojas and its competitors. This is near median its historical median of 47.22. Over the past decade, Marisa Lojas' Gross Margin % has ranged from 37.31 to 52.96. According to the industry distribution chart, Marisa Lojas ranks #265 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 23.8%.
Is Marisa Lojas' Gross Margin % too high?
Marisa Lojas' current Gross Margin % of 49.10% is near median its 10-year median of 47.22. Over the past 10 years, this metric has ranged from a low of 37.31 to a high of 52.96. The Retail - Cyclical industry median Gross Margin % is 36.26. Marisa Lojas' value of 49.10% is 35.4% above this industry median. Based on the distribution chart, Marisa Lojas ranks #265 out of 1113 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Marisa Lojas has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marisa Lojas' Gross Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Marisa Lojas ranks #265 out of 1113 companies for Gross Margin %. This places Marisa Lojas in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.26. Marisa Lojas' value of 49.10% is 35.4% above this benchmark. Historically, Marisa Lojas' own Gross Margin % has ranged from 37.31 to 52.96 over the past decade. While the company's 10-year median is 47.22 vs. the industry median of 36.26, Marisa Lojas 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.26, based on 1,113 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. Marisa Lojas's current Gross Margin % of 49.10% is 35.4% 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 Marisa Lojas and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marisa Lojas's current Gross Margin % is 49.10%, which is near median its own 10-year median of 47.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marisa Lojas stock overvalued right now?
Based on GuruFocus' analysis, Marisa Lojas (BSP:AMAR3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$0.35, compared to a current price of R$0.62 — trading 77.1% above its estimated fair value. The current Gross Margin % is 49.10%, which is near median its 10-year median of 47.22 and 35.4% above the Retail - Cyclical industry median of 36.26. Marisa Lojas' overall GF Score™ is 26/100 with 5 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 Marisa Lojas (BSP:AMAR3), the current Gross Margin % is 49.10% 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 Marisa Lojas (BSP:AMAR3) Overvalued in 2026?

Based on GuruFocus' analysis, Marisa Lojas stock appears to be overvalued. The current stock price of R$0.62 is trading 77.1% above its estimated GF Value™ of R$0.35. GuruFocus considers Marisa Lojas to be Significantly Overvalued.

Key valuation signals for BSP:AMAR3:

  • Gross Margin %: 49.10% (near median its 10-year median of 47.22)
  • GF Value™: R$0.35 vs. price of R$0.62 (77.1% above fair value)
  • GF Score™: 26/100 with 5 warning signs
  • Industry Position: 35.4% above the Retail - Cyclical median (#265 of 1113)

No single metric tells the full story. See the BSP:AMAR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marisa Lojas Business Description

Address Rua James Holland, 422, Barra Funda, Sao Paulo, SP, BRA, 1138050
Marisa Lojas SA is a retail store operator in Brazil. Its stores offer products related to fashion, underwear, footwear, and accessories for women, men, and children. Its products also include beds, tablecloths, children's bathrobes, and towels for home use. The company's income derives from three operating segments. The retail segment, which is the key revenue generator, includes the sale of clothing items, perfumes, beauty products, and watches, in physical stores and e-commerce. The credit card transactions segment is managed by the subsidiary and offered to the company's clients for the credit purchase of products, insurance, and payment of bills. The consumer credit segment offers personal loans to the company's consumers.
26GF Score

Get the complete analysis for BSP:AMAR3

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

R$0.62
Price
R$0.35
GF Value