Grupo Multi (BSP:MLAS3) Gross Margin %: 30.36% (As of Mar. 2026) — 13% Above Median


BSP:MLAS3 Grupo Multi SA BSP:MLAS3
74 GF Score
Price R$1.67
GF Value R$1.84
Valuation Fairly Valued
! 8 Warning Signs
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What is Grupo Multi Gross Margin %?

Grupo Multi BSP:MLAS3 -0.60% 74 Gross Margin % is 30.36% as of Mar. 2026, which is 13% above its 10-year median of 26.97. GuruFocus rates BSP:MLAS3 with a GF Score™ of 74/100 and a GF Value™ of R$1.84 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,449 Hardware companies, Grupo Multi ranks better than 53.25% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Grupo Multi's Gross Profit for the three months ended in Mar. 2026 was R$265 Mil. Grupo Multi's Revenue for the three months ended in Mar. 2026 was R$873 Mil. Therefore, Grupo Multi's Gross Margin % for the quarter that ended in Mar. 2026 was 30.36%.

Warning Sign:

Grupo Multi SA gross margin has been in long-term decline. The average rate of decline per year is -10.3%.


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

BSP:MLAS3' s Gross Margin % Range Over the Past 10 Years
Min: 5.46   Med: 26.97   Max: 34.92
Current: 26.14


During the past 8 years, the highest Gross Margin % of Grupo Multi was 34.92%. The lowest was 5.46%. And the median was 26.97%.

BSP:MLAS3's Gross Margin % is ranked better than
53.25% of 2449 companies
in the Hardware industry
Industry Median: 24.52 vs BSP:MLAS3: 26.14

Grupo Multi had a gross margin of 30.36% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Grupo Multi was -10.30% per year.


Grupo Multi  (BSP:MLAS3) 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

Grupo Multi had a gross margin of 30.36% 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.


Grupo Multi Gross Margin % Related Terms


Grupo Multi Gross Margin % Historical Data

* Premium members only.

The historical data trend for Grupo Multi'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.

Grupo Multi Gross Margin % Chart

Grupo Multi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 27.99 25.95 5.46 23.20 24.74

Grupo Multi 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 23.72 24.86 25.07 24.99 30.36

BSP:MLAS3 vs SNX, ARW, AVT: Gross Margin % Comparison

For the Electronics & Computer Distribution subindustry, Grupo Multi'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.


Grupo Multi Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Grupo Multi's Gross Margin % distribution charts can be found below:

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


BSP:MLAS3
74GF Score
Grupo Multi SA BSP:MLAS3
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupo Multi Gross Margin % Calculation

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

Grupo Multi'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 )
=970.5 / 3923.762
=(Revenue - Cost of Goods Sold) / Revenue
=(3923.762 - 2953.218) / 3923.762
=24.74 %

Grupo Multi'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 )
=265 / 872.743
=(Revenue - Cost of Goods Sold) / Revenue
=(872.743 - 607.756) / 872.743
=30.36 %

* 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 30.36% mean?
Grupo Multi (BSP:MLAS3) has a Gross Margin % of 30.36% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Grupo Multi and its competitors. This is 13% above median its historical median of 26.97. Over the past decade, Grupo Multi's Gross Margin % has ranged from 5.46 to 34.92. According to the industry distribution chart, Grupo Multi ranks #1145 out of 2449 companies in the Hardware industry, placing it in the top 46.8%.
Is Grupo Multi's Gross Margin % too high?
Grupo Multi's current Gross Margin % of 30.36% is 13% above median its 10-year median of 26.97. Over the past 10 years, this metric has ranged from a low of 5.46 to a high of 34.92. The Hardware industry median Gross Margin % is 24.52. Grupo Multi's value of 30.36% is 23.8% above this industry median. Based on the distribution chart, Grupo Multi ranks #1145 out of 2449 companies in the Hardware industry, which is above the industry midpoint. Overall, Grupo Multi has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grupo Multi's Gross Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, Grupo Multi ranks #1145 out of 2449 companies for Gross Margin %. This puts Grupo Multi in the upper half of its industry. The industry median Gross Margin % is 24.52. Grupo Multi's value of 30.36% is 23.8% above this benchmark. Historically, Grupo Multi's own Gross Margin % has ranged from 5.46 to 34.92 over the past decade. While the company's 10-year median is 26.97 vs. the industry median of 24.52, Grupo Multi 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.52, based on 2,449 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. Grupo Multi's current Gross Margin % of 30.36% is 23.8% 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 Grupo Multi and its competitors. For the Hardware industry, the median Gross Margin % is 24.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo Multi's current Gross Margin % is 30.36%, which is 13% above median its own 10-year median of 26.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Multi stock overvalued right now?
Based on GuruFocus' analysis, Grupo Multi (BSP:MLAS3) is currently considered Fairly Valued. The stock's GF Value™ is R$1.84, compared to a current price of R$1.67 — trading 9.2% below its estimated fair value. The current Gross Margin % is 30.36%, which is 13% above median its 10-year median of 26.97 and 23.8% above the Hardware industry median of 24.52. Grupo Multi's overall GF Score™ is 74/100 with 8 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 Grupo Multi (BSP:MLAS3), the current Gross Margin % is 30.36% 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 Grupo Multi (BSP:MLAS3) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Multi stock appears to be undervalued. The current stock price of R$1.67 is trading 9.2% below its estimated GF Value™ of R$1.84. GuruFocus considers Grupo Multi to be Fairly Valued.

Key valuation signals for BSP:MLAS3:

  • Gross Margin %: 30.36% (13% above median its 10-year median of 26.97)
  • GF Value™: R$1.84 vs. price of R$1.67 (9.2% below fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 23.8% above the Hardware median (#1145 of 2449)

No single metric tells the full story. See the BSP:MLAS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo Multi Business Description

Address Avenida Brigadeiro Faria Lima, No. 1811, 15th Andar, Sao Paulo, SP, BRA, CEP 01452-001
Grupo Multi SA, formerly Multilaser Industrial Ltd is involved in the electronics and computer supplies segment. The company offers cell phones, smartphones, telecommunications, tools and electronics segments, and others.
74GF Score

Get the complete analysis for BSP:MLAS3

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

R$1.67
Price
R$1.84
GF Value