Manufaturas de Brinquedos Estrela (BSP:ESTR4) Gross Margin %: 32.82% (As of Dec. 2025) — 32% Below Median


BSP:ESTR4 Manufaturas de Brinquedos Estrela SA BSP:ESTR4
48 GF Score
Price R$3.18
GF Value R$3.62
Valuation Modestly Undervalued
! 11 Warning Signs
View Full Analysis

What is Manufaturas de Brinquedos Estrela Gross Margin %?

Manufaturas de Brinquedos Estrela BSP:ESTR4 48 Gross Margin % is 32.82% as of Dec. 2025, which is 32% below its 10-year median of 48.60. GuruFocus rates BSP:ESTR4 with a GF Score™ of 48/100 and a GF Value™ of R$3.62 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 790 Travel & Leisure companies, Manufaturas de Brinquedos Estrela ranks worse than 60.25% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Manufaturas de Brinquedos Estrela's Gross Profit for the three months ended in Dec. 2025 was R$13.8 Mil. Manufaturas de Brinquedos Estrela's Revenue for the three months ended in Dec. 2025 was R$42.1 Mil. Therefore, Manufaturas de Brinquedos Estrela's Gross Margin % for the quarter that ended in Dec. 2025 was 32.82%.

Warning Sign:

Manufaturas de Brinquedos Estrela SA gross margin has been in long-term decline. The average rate of decline per year is -5.4%.


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

BSP:ESTR4' s Gross Margin % Range Over the Past 10 Years
Min: 37.72   Med: 48.6   Max: 55.56
Current: 37.72


During the past 13 years, the highest Gross Margin % of Manufaturas de Brinquedos Estrela was 55.56%. The lowest was 37.72%. And the median was 48.60%.

BSP:ESTR4's Gross Margin % is ranked worse than
60.25% of 790 companies
in the Travel & Leisure industry
Industry Median: 43.97 vs BSP:ESTR4: 37.72

Manufaturas de Brinquedos Estrela had a gross margin of 32.82% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Manufaturas de Brinquedos Estrela was -5.40% per year.


Manufaturas de Brinquedos Estrela  (BSP:ESTR4) 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

Manufaturas de Brinquedos Estrela had a gross margin of 32.82% for the quarter that ended in Dec. 2025 => 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.


Manufaturas de Brinquedos Estrela Gross Margin % Related Terms


Manufaturas de Brinquedos Estrela Gross Margin % Historical Data

* Premium members only.

The historical data trend for Manufaturas de Brinquedos Estrela'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.

Manufaturas de Brinquedos Estrela Gross Margin % Chart

Manufaturas de Brinquedos Estrela 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 47.67 50.64 41.80 43.78 37.72

Manufaturas de Brinquedos Estrela Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 31.63 32.47 35.27 46.17 32.82

BSP:ESTR4 vs AS, HAS, LTH: Gross Margin % Comparison

For the Leisure subindustry, Manufaturas de Brinquedos Estrela'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.


Manufaturas de Brinquedos Estrela Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Manufaturas de Brinquedos Estrela's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Manufaturas de Brinquedos Estrela's Gross Margin % falls into.


BSP:ESTR4
48GF Score
Manufaturas de Brinquedos Estrela SA BSP:ESTR4
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Manufaturas de Brinquedos Estrela Gross Margin % Calculation

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

Manufaturas de Brinquedos Estrela'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 )
=56.9 / 150.81
=(Revenue - Cost of Goods Sold) / Revenue
=(150.81 - 93.93) / 150.81
=37.72 %

Manufaturas de Brinquedos Estrela's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=13.8 / 42.087
=(Revenue - Cost of Goods Sold) / Revenue
=(42.087 - 28.276) / 42.087
=32.82 %

* 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 32.82% mean?
Manufaturas de Brinquedos Estrela (BSP:ESTR4) has a Gross Margin % of 32.82% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Manufaturas de Brinquedos Estrela and its competitors. This is 32% below median its historical median of 48.60. Over the past decade, Manufaturas de Brinquedos Estrela's Gross Margin % has ranged from 37.72 to 55.56. According to the industry distribution chart, Manufaturas de Brinquedos Estrela ranks #476 out of 790 companies in the Travel & Leisure industry, placing it in the top 60.3%.
Is Manufaturas de Brinquedos Estrela's Gross Margin % too high?
Manufaturas de Brinquedos Estrela's current Gross Margin % of 32.82% is 32% below median its 10-year median of 48.60. Over the past 10 years, this metric has ranged from a low of 37.72 to a high of 55.56. The Travel & Leisure industry median Gross Margin % is 43.97. Manufaturas de Brinquedos Estrela's value of 32.82% is 25.4% below this industry median. Based on the distribution chart, Manufaturas de Brinquedos Estrela ranks #476 out of 790 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Manufaturas de Brinquedos Estrela has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manufaturas de Brinquedos Estrela's Gross Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Manufaturas de Brinquedos Estrela ranks #476 out of 790 companies for Gross Margin %. This places Manufaturas de Brinquedos Estrela in the lower half of its industry. The industry median Gross Margin % is 43.97. Manufaturas de Brinquedos Estrela's value of 32.82% is 25.4% below this benchmark. Historically, Manufaturas de Brinquedos Estrela's own Gross Margin % has ranged from 37.72 to 55.56 over the past decade. While the company's 10-year median is 48.60 vs. the industry median of 43.97, Manufaturas de Brinquedos Estrela 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.97, based on 790 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. Manufaturas de Brinquedos Estrela's current Gross Margin % of 32.82% is 25.4% 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 Manufaturas de Brinquedos Estrela and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manufaturas de Brinquedos Estrela's current Gross Margin % is 32.82%, which is 32% below median its own 10-year median of 48.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manufaturas de Brinquedos Estrela stock overvalued right now?
Based on GuruFocus' analysis, Manufaturas de Brinquedos Estrela (BSP:ESTR4) is currently considered Modestly Undervalued. The stock's GF Value™ is R$3.62, compared to a current price of R$3.18 — trading 12.2% below its estimated fair value. The current Gross Margin % is 32.82%, which is 32% below median its 10-year median of 48.60 and 25.4% below the Travel & Leisure industry median of 43.97. Manufaturas de Brinquedos Estrela's overall GF Score™ is 48/100 with 11 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 Manufaturas de Brinquedos Estrela (BSP:ESTR4), the current Gross Margin % is 32.82% as of Dec. 2025. 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 Manufaturas de Brinquedos Estrela (BSP:ESTR4) Overvalued in 2026?

Based on GuruFocus' analysis, Manufaturas de Brinquedos Estrela stock appears to be undervalued. The current stock price of R$3.18 is trading 12.2% below its estimated GF Value™ of R$3.62. GuruFocus considers Manufaturas de Brinquedos Estrela to be Modestly Undervalued.

Key valuation signals for BSP:ESTR4:

  • Gross Margin %: 32.82% (32% below median its 10-year median of 48.60)
  • GF Value™: R$3.62 vs. price of R$3.18 (12.2% below fair value)
  • GF Score™: 48/100 with 11 warning signs
  • Industry Position: 25.4% below the Travel & Leisure median (#476 of 790)

No single metric tells the full story. See the BSP:ESTR4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manufaturas de Brinquedos Estrela Business Description

Address Rua Gomes de Carvalho 1327 - 10th Floor, Sao Paulo, SP, BRA, 4547005
Manufaturas de Brinquedos Estrela SA manufactures and sells toys in Brazil and internationally. The company sells its products through online and physical stores. It manufactures and trades dolls, wooden toys, games, balls, radio-controlled helicopters and cars, railway models, play dough and toy cars.
48GF Score

Get the complete analysis for BSP:ESTR4

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

R$3.18
Price
R$3.62
GF Value