Dexco (BSP:DXCO3) Gross Margin %: 27.43% (As of Mar. 2026) — Near Median


BSP:DXCO3 Dexco SA BSP:DXCO3
84 GF Score
Price R$4.96
GF Value R$7.20
Valuation Possible Value Trap
! 5 Warning Signs
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What is Dexco Gross Margin %?

Dexco BSP:DXCO3 +0.81% 84 Gross Margin % is 27.43% as of Mar. 2026, which is 6% below its 10-year median of 29.22. GuruFocus rates BSP:DXCO3 with a GF Score™ of 84/100 and a GF Value™ of R$7.20 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 279 Forest Products companies, Dexco ranks better than 61.29% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Dexco's Gross Profit for the three months ended in Mar. 2026 was R$554 Mil. Dexco's Revenue for the three months ended in Mar. 2026 was R$2,019 Mil. Therefore, Dexco's Gross Margin % for the quarter that ended in Mar. 2026 was 27.43%.

Warning Sign:

Dexco SA gross margin has been in long-term decline. The average rate of decline per year is -5.1%.


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

BSP:DXCO3' s Gross Margin % Range Over the Past 10 Years
Min: 24.36   Med: 29.22   Max: 35.13
Current: 25.32


During the past 13 years, the highest Gross Margin % of Dexco was 35.13%. The lowest was 24.36%. And the median was 29.22%.

BSP:DXCO3's Gross Margin % is ranked better than
61.29% of 279 companies
in the Forest Products industry
Industry Median: 19.05 vs BSP:DXCO3: 25.32

Dexco had a gross margin of 27.43% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Dexco was -5.10% per year.


Dexco  (BSP:DXCO3) 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

Dexco had a gross margin of 27.43% 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.


Dexco Gross Margin % Related Terms


Dexco Gross Margin % Historical Data

* Premium members only.

The historical data trend for Dexco'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.

Dexco Gross Margin % Chart

Dexco 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 35.13 33.84 32.18 29.78 24.36

Dexco 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 23.44 22.95 23.03 27.98 27.43

BSP:DXCO3 vs SSD, UFPI, BCC: Gross Margin % Comparison

For the Lumber & Wood Production subindustry, Dexco'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.


Dexco Gross Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Dexco's Gross Margin % distribution charts can be found below:

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


BSP:DXCO3
84GF Score
Dexco SA BSP:DXCO3
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dexco Gross Margin % Calculation

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

Dexco'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 )
=2009.8 / 8248.752
=(Revenue - Cost of Goods Sold) / Revenue
=(8248.752 - 6238.982) / 8248.752
=24.36 %

Dexco'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 )
=553.8 / 2018.505
=(Revenue - Cost of Goods Sold) / Revenue
=(2018.505 - 1464.739) / 2018.505
=27.43 %

* 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 27.43% mean?
Dexco (BSP:DXCO3) has a Gross Margin % of 27.43% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Dexco and its competitors. This is near median its historical median of 29.22. Over the past decade, Dexco's Gross Margin % has ranged from 24.36 to 35.13. According to the industry distribution chart, Dexco ranks #108 out of 279 companies in the Forest Products industry, placing it in the top 38.7%.
Is Dexco's Gross Margin % too high?
Dexco's current Gross Margin % of 27.43% is near median its 10-year median of 29.22. Over the past 10 years, this metric has ranged from a low of 24.36 to a high of 35.13. The Forest Products industry median Gross Margin % is 19.05. Dexco's value of 27.43% is 44% above this industry median. Based on the distribution chart, Dexco ranks #108 out of 279 companies in the Forest Products industry, which is above the industry midpoint. Overall, Dexco has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dexco's Gross Margin % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Dexco ranks #108 out of 279 companies for Gross Margin %. This puts Dexco in the upper half of its industry. The industry median Gross Margin % is 19.05. Dexco's value of 27.43% is 44% above this benchmark. Historically, Dexco's own Gross Margin % has ranged from 24.36 to 35.13 over the past decade. While the company's 10-year median is 29.22 vs. the industry median of 19.05, Dexco 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 Forest Products company?
The median Gross Margin % among Forest Products companies is 19.05, based on 279 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. Dexco's current Gross Margin % of 27.43% is 44% 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 Dexco and its competitors. For the Forest Products industry, the median Gross Margin % is 19.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dexco's current Gross Margin % is 27.43%, which is near median its own 10-year median of 29.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexco stock overvalued right now?
Based on GuruFocus' analysis, Dexco (BSP:DXCO3) is currently considered Possible Value Trap. The stock's GF Value™ is R$7.20, compared to a current price of R$4.96 — trading 31.1% below its estimated fair value. The current Gross Margin % is 27.43%, which is near median its 10-year median of 29.22 and 44% above the Forest Products industry median of 19.05. Dexco's overall GF Score™ is 84/100 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 Dexco (BSP:DXCO3), the current Gross Margin % is 27.43% 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 Dexco (BSP:DXCO3) Overvalued in 2026?

Based on GuruFocus' analysis, Dexco stock appears to be undervalued. The current stock price of R$4.96 is trading 31.1% below its estimated GF Value™ of R$7.20. GuruFocus considers Dexco to be Possible Value Trap.

Key valuation signals for BSP:DXCO3:

  • Gross Margin %: 27.43% (near median its 10-year median of 29.22)
  • GF Value™: R$7.20 vs. price of R$4.96 (31.1% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 44% above the Forest Products median (#108 of 279)

No single metric tells the full story. See the BSP:DXCO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dexco Business Description

Address Paulista Avenue, 1938, 5th floor, Sao Paulo, SP, BRA, 01310-942
Dexco SA is engaged in the production of wooden panels, vitreous chinaware, metal bathroom fittings and showers, and ceramic and cement floors. Its segments are: The Wood segment operates four industrial units in Brazil and three in Colombia producing MDP panels (medium density panels), MDF and HDF panels (medium and high fiber density panels), under the Duratex brand, the Durafloor brand for laminates and semi-finished components for furniture; The Deca segment operates in Brazil, producing vitreous chinaware, metal fittings, and showers, under the brands Deca, Hydra, Belize and Elizabeth; the Ceramic Tile segment operates four industrial plants in Brazil, producing ceramic tiles, under the Ceusa, Portinari, and Castelatto brands; and Soluble Cellulose Segment.
84GF Score

Get the complete analysis for BSP:DXCO3

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

R$4.96
Price
R$7.20
GF Value