Karsten (BSP:CTKA3) Gross Margin %: 46.57% (As of Mar. 2026) — 15% Above Median


BSP:CTKA3 Karsten SA BSP:CTKA3
64 GF Score
Price R$46.39
GF Value R$31.27
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Karsten Gross Margin %?

Karsten BSP:CTKA3 64 Gross Margin % is 46.57% as of Mar. 2026, which is 15% above its 10-year median of 40.50. GuruFocus rates BSP:CTKA3 with a GF Score™ of 64/100 and a GF Value™ of R$31.27 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Karsten ranks better than 71.37% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Karsten's Gross Profit for the three months ended in Mar. 2026 was R$73.4 Mil. Karsten's Revenue for the three months ended in Mar. 2026 was R$157.5 Mil. Therefore, Karsten's Gross Margin % for the quarter that ended in Mar. 2026 was 46.57%.


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

BSP:CTKA3' s Gross Margin % Range Over the Past 10 Years
Min: 35.6   Med: 40.5   Max: 46.29
Current: 45.3


During the past 13 years, the highest Gross Margin % of Karsten was 46.29%. The lowest was 35.60%. And the median was 40.50%.

BSP:CTKA3's Gross Margin % is ranked better than
71.37% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.34 vs BSP:CTKA3: 45.30

Karsten had a gross margin of 46.57% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Karsten was 3.40% per year.


Karsten  (BSP:CTKA3) 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

Karsten had a gross margin of 46.57% 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.


Karsten Gross Margin % Related Terms


Karsten Gross Margin % Historical Data

* Premium members only.

The historical data trend for Karsten'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.

Karsten Gross Margin % Chart

Karsten 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 40.55 35.60 42.78 46.29 45.33

Karsten 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 46.76 44.39 46.44 44.21 46.57

BSP:CTKA3 vs AIN: Gross Margin % Comparison

For the Textile Manufacturing subindustry, Karsten'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.


Karsten Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Karsten's Gross Margin % distribution charts can be found below:

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


BSP:CTKA3
64GF Score
Karsten SA BSP:CTKA3
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Karsten Gross Margin % Calculation

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

Karsten'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 )
=344.1 / 759.038
=(Revenue - Cost of Goods Sold) / Revenue
=(759.038 - 414.952) / 759.038
=45.33 %

Karsten'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 )
=73.4 / 157.524
=(Revenue - Cost of Goods Sold) / Revenue
=(157.524 - 84.162) / 157.524
=46.57 %

* 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 46.57% mean?
Karsten (BSP:CTKA3) has a Gross Margin % of 46.57% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Karsten and its competitors. This is 15% above median its historical median of 40.50. Over the past decade, Karsten's Gross Margin % has ranged from 35.60 to 46.29. According to the industry distribution chart, Karsten ranks #294 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 28.6%.
Is Karsten's Gross Margin % too high?
Karsten's current Gross Margin % of 46.57% is 15% above median its 10-year median of 40.50. Over the past 10 years, this metric has ranged from a low of 35.60 to a high of 46.29. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.34. Karsten's value of 46.57% is 64.3% above this industry median. Based on the distribution chart, Karsten ranks #294 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Karsten has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Karsten's Gross Margin % compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Karsten ranks #294 out of 1027 companies for Gross Margin %. This puts Karsten in the upper half of its industry. The industry median Gross Margin % is 28.34. Karsten's value of 46.57% is 64.3% above this benchmark. Historically, Karsten's own Gross Margin % has ranged from 35.60 to 46.29 over the past decade. While the company's 10-year median is 40.50 vs. the industry median of 28.34, Karsten 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.34, based on 1,027 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. Karsten's current Gross Margin % of 46.57% is 64.3% 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 Karsten and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karsten's current Gross Margin % is 46.57%, which is 15% above median its own 10-year median of 40.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karsten stock overvalued right now?
Based on GuruFocus' analysis, Karsten (BSP:CTKA3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$31.27, compared to a current price of R$46.39 — trading 48.4% above its estimated fair value. The current Gross Margin % is 46.57%, which is 15% above median its 10-year median of 40.50 and 64.3% above the Manufacturing - Apparel & Accessories industry median of 28.34. Karsten's overall GF Score™ is 64/100 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 Karsten (BSP:CTKA3), the current Gross Margin % is 46.57% 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 Karsten (BSP:CTKA3) Overvalued in 2026?

Based on GuruFocus' analysis, Karsten stock appears to be overvalued. The current stock price of R$46.39 is trading 48.4% above its estimated GF Value™ of R$31.27. GuruFocus considers Karsten to be Significantly Overvalued.

Key valuation signals for BSP:CTKA3:

  • Gross Margin %: 46.57% (15% above median its 10-year median of 40.50)
  • GF Value™: R$31.27 vs. price of R$46.39 (48.4% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 64.3% above the Manufacturing - Apparel & Accessories median (#294 of 1027)

No single metric tells the full story. See the BSP:CTKA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Karsten Business Description

Other Exchanges CTKA4:Brazil
Address R Johann Karsten, 260, Testo Jump, Blumenau, SC, BRA, 89074700
Karsten SA is a textile manufacturer and sells textile products in Brazil. It divides its business into five segments: decoration, embroidery, table, bath and bed. It produces table linens, curtains, towels, and other decorative home furnishings.
64GF Score

Get the complete analysis for BSP:CTKA3

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

R$46.39
Price
R$31.27
GF Value