MPMoreosBSP:ESPA3 +9.20%61 Gross Margin % is 37.01% as of Mar. 2026, which is 9% below its 10-year median of 40.70. GuruFocus rates BSP:ESPA3 with a GF Score™ of 61/100 and a GF Value™ of R$11.38 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 94 Personal Services companies, MPMoreos ranks worse than 62.77% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. MPMoreos's Gross Profit for the
three
months ended in Mar. 2026 was R$107 Mil. MPMoreos's Revenue for the
three
months ended in Mar. 2026 was R$288 Mil. Therefore, MPMoreos's Gross Margin % for the quarter that ended in Mar. 2026 was 37.01%.
Warning Sign:
MPM Corporeos SA gross margin has been in long-term decline. The average rate of decline per year is -5.5%.
The historical rank and industry rank for MPMoreos's Gross Margin % or its related term are showing as below:
BSP:ESPA3'
s Gross Margin % Range Over the Past 10 Years
Min: 33.52 Med: 40.7 Max: 57.95
Current: 34.3
During the past 9 years, the highestGross Margin % of MPMoreos was 57.95%. The lowest was 33.52%. And the median was 40.70%.
BSP:ESPA3's Gross Margin % is ranked worse than 62.77% of 94
companies
in the Personal Services industry
Industry Median: 41.795
vs BSP:ESPA3: 34.30
MPMoreos had a gross margin of 37.01% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for MPMoreos was -5.50% per year.
MPMoreos (BSP:ESPA3) 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
MPMoreos had a gross margin of 37.01% 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.
MPMoreos Gross Margin % Related Terms
MPMoreos Gross Margin % Historical Data
* Premium members only.
The historical data trend for MPMoreos'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.
BSP:ESPA3 vs ROL, SCI, HRB: Gross Margin % Comparison
For the Personal Services subindustry, MPMoreos'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.
MPMoreos Gross Margin % vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, MPMoreos's Gross Margin % distribution charts can be found below:
* The bar in red indicates where MPMoreos'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.
MPMoreos (BSP:ESPA3) has a Gross Margin % of 37.01% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on MPMoreos and its competitors. This is near median its historical median of 40.70. Over the past decade, MPMoreos' Gross Margin % has ranged from 33.52 to 57.95. According to the industry distribution chart, MPMoreos ranks #59 out of 94 companies in the Personal Services industry, placing it in the top 62.8%.
Is MPMoreos' Gross Margin % too high?
MPMoreos' current Gross Margin % of 37.01% is near median its 10-year median of 40.70. Over the past 10 years, this metric has ranged from a low of 33.52 to a high of 57.95. The Personal Services industry median Gross Margin % is 41.80. MPMoreos' value of 37.01% is 11.4% below this industry median. Based on the distribution chart, MPMoreos ranks #59 out of 94 companies in the Personal Services industry, which is below the industry midpoint. Overall, MPMoreos has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MPMoreos' Gross Margin % compare to ROL and SCI?
According to the Personal Services industry distribution chart, MPMoreos ranks #59 out of 94 companies for Gross Margin %. This places MPMoreos in the lower half of its industry. The industry median Gross Margin % is 41.80. MPMoreos' value of 37.01% is 11.4% below this benchmark. Historically, MPMoreos' own Gross Margin % has ranged from 33.52 to 57.95 over the past decade. While the company's 10-year median is 40.70 vs. the industry median of 41.80, MPMoreos has consistently been below 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 Personal Services company?
The median Gross Margin % among Personal Services companies is 41.80, based on 94 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. MPMoreos's current Gross Margin % of 37.01% is 11.4% below 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 MPMoreos and its competitors. For the Personal Services industry, the median Gross Margin % is 41.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MPMoreos's current Gross Margin % is 37.01%, which is near median its own 10-year median of 40.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPMoreos stock overvalued right now?
Based on GuruFocus' analysis, MPMoreos (BSP:ESPA3) is currently considered Possible Value Trap. The stock's GF Value™ is R$11.38, compared to a current price of R$7.00 — trading 38.5% below its estimated fair value. The current Gross Margin % is 37.01%, which is near median its 10-year median of 40.70 and 11.4% below the Personal Services industry median of 41.80. MPMoreos' overall GF Score™ is 61/100 with 6 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 MPMoreos (BSP:ESPA3), the current Gross Margin % is 37.01% 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 MPMoreos (BSP:ESPA3) Overvalued in 2026?
Based on GuruFocus' analysis, MPMoreos stock appears to be undervalued.
The current stock price of R$7.00 is trading 38.5% below its estimated GF Value™ of R$11.38.
GuruFocus considers MPMoreos to be Possible Value Trap.
Key valuation signals for BSP:ESPA3:
Gross Margin %: 37.01% (near median its 10-year median of 40.70)
GF Value™: R$11.38 vs. price of R$7.00 (38.5% below fair value)
Industry Position: 11.4% below the Personal Services median (#59 of 94)
No single metric tells the full story. See the BSP:ESPA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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