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Metalurgica GerdauBSP:GOAU3 -0.42%60 Gross Margin % is 13.72% as of Mar. 2026, which is 2% above its 10-year median of 13.43. GuruFocus rates BSP:GOAU3 with a GF Score™ of 60/100 and a GF Value™ of R$6.98 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 594 Steel companies, Metalurgica Gerdau ranks worse than 51.01% on this metric.
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
Metalurgica Gerdau had a gross margin of 13.72% for the quarter that ended in Mar. 2026 => No sustainable 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.
Metalurgica Gerdau Gross Margin % Related Terms
Metalurgica Gerdau Gross Margin % Historical Data
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The historical data trend for Metalurgica Gerdau'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:GOAU3 vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Metalurgica Gerdau'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.
Metalurgica Gerdau Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Metalurgica Gerdau's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Metalurgica Gerdau'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.
Metalurgica Gerdau (BSP:GOAU3) has a Gross Margin % of 13.72% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Metalurgica Gerdau and its competitors. This is near median its historical median of 13.43. Over the past decade, Metalurgica Gerdau's Gross Margin % has ranged from 9.20 to 26.57. According to the industry distribution chart, Metalurgica Gerdau ranks #303 out of 594 companies in the Steel industry, placing it in the top 51%.
Is Metalurgica Gerdau's Gross Margin % too high?
Metalurgica Gerdau's current Gross Margin % of 13.72% is near median its 10-year median of 13.43. Over the past 10 years, this metric has ranged from a low of 9.20 to a high of 26.57. The Steel industry median Gross Margin % is 12.55. Metalurgica Gerdau's value of 13.72% is 9.3% above this industry median. Based on the distribution chart, Metalurgica Gerdau ranks #303 out of 594 companies in the Steel industry, which is below the industry midpoint. Overall, Metalurgica Gerdau has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metalurgica Gerdau's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Metalurgica Gerdau ranks #303 out of 594 companies for Gross Margin %. This places Metalurgica Gerdau in the lower half of its industry. The industry median Gross Margin % is 12.55. Metalurgica Gerdau's value of 13.72% is 9.3% above this benchmark. Historically, Metalurgica Gerdau's own Gross Margin % has ranged from 9.20 to 26.57 over the past decade. While the company's 10-year median is 13.43 vs. the industry median of 12.55, Metalurgica Gerdau 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 Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 594 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. Metalurgica Gerdau's current Gross Margin % of 13.72% is 9.3% 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 Metalurgica Gerdau and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalurgica Gerdau's current Gross Margin % is 13.72%, which is near median its own 10-year median of 13.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalurgica Gerdau stock overvalued right now?
Based on GuruFocus' analysis, Metalurgica Gerdau (BSP:GOAU3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$6.98, compared to a current price of R$9.40 — trading 34.7% above its estimated fair value. The current Gross Margin % is 13.72%, which is near median its 10-year median of 13.43 and 9.3% above the Steel industry median of 12.55. Metalurgica Gerdau's overall GF Score™ is 60/100 with 10 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 Metalurgica Gerdau (BSP:GOAU3), the current Gross Margin % is 13.72% 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 Metalurgica Gerdau (BSP:GOAU3) Overvalued in 2026?
Based on GuruFocus' analysis, Metalurgica Gerdau stock appears to be overvalued.
The current stock price of R$9.40 is trading 34.7% above its estimated GF Value™ of R$6.98.
GuruFocus considers Metalurgica Gerdau to be Significantly Overvalued.
Key valuation signals for BSP:GOAU3:
Gross Margin %: 13.72% (near median its 10-year median of 13.43)
GF Value™: R$6.98 vs. price of R$9.40 (34.7% above fair value)
Industry Position: 9.3% above the Steel median (#303 of 594)
No single metric tells the full story. See the BSP:GOAU3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.
60GF Score
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