Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
WetzelBSP:MWET3 39 Gross Margin % is 10.80% as of Mar. 2026, which is 9% above its 10-year median of 9.94. GuruFocus rates BSP:MWET3 with a GF Score™ of 39/100 and a GF Value™ of R$9.14 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Wetzel ranks worse than 77.6% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Wetzel's Gross Profit for the
three
months ended in Mar. 2026 was R$4.9 Mil. Wetzel's Revenue for the
three
months ended in Mar. 2026 was R$45.1 Mil. Therefore, Wetzel's Gross Margin % for the quarter that ended in Mar. 2026 was 10.80%.
Warning Sign:
Wetzel SA gross margin has been in long-term decline. The average rate of decline per year is -2.3%.
The historical rank and industry rank for Wetzel's Gross Margin % or its related term are showing as below:
BSP:MWET3'
s Gross Margin % Range Over the Past 10 Years
Min: 5.57 Med: 9.94 Max: 15.98
Current: 13.05
During the past 13 years, the highestGross Margin % of Wetzel was 15.98%. The lowest was 5.57%. And the median was 9.94%.
BSP:MWET3's Gross Margin % is ranked worse than 77.6% of 1308
companies
in the Vehicles & Parts industry
Industry Median: 19.885
vs BSP:MWET3: 13.05
Wetzel had a gross margin of 10.80% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Wetzel was -2.30% per year.
Wetzel (BSP:MWET3) 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
Wetzel had a gross margin of 10.80% 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.
Wetzel Gross Margin % Related Terms
Wetzel Gross Margin % Historical Data
* Premium members only.
The historical data trend for Wetzel'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:MWET3 vs ORLY, AZO, GPC: Gross Margin % Comparison
For the Auto Parts subindustry, Wetzel'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.
Wetzel Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Wetzel's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Wetzel'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.
Wetzel (BSP:MWET3) has a Gross Margin % of 10.80% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Wetzel and its competitors. This is near median its historical median of 9.94. Over the past decade, Wetzel's Gross Margin % has ranged from 5.57 to 15.98. According to the industry distribution chart, Wetzel ranks #1015 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 77.6%.
Is Wetzel's Gross Margin % too high?
Wetzel's current Gross Margin % of 10.80% is near median its 10-year median of 9.94. Over the past 10 years, this metric has ranged from a low of 5.57 to a high of 15.98. The Vehicles & Parts industry median Gross Margin % is 19.89. Wetzel's value of 10.80% is 45.7% below this industry median. Based on the distribution chart, Wetzel ranks #1015 out of 1308 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Wetzel has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wetzel's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Wetzel ranks #1015 out of 1308 companies for Gross Margin %. This places Wetzel in the lower half of its industry. The industry median Gross Margin % is 19.89. Wetzel's value of 10.80% is 45.7% below this benchmark. Historically, Wetzel's own Gross Margin % has ranged from 5.57 to 15.98 over the past decade. While the company's 10-year median is 9.94 vs. the industry median of 19.89, Wetzel 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.89, based on 1,308 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. Wetzel's current Gross Margin % of 10.80% is 45.7% 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 Wetzel and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wetzel's current Gross Margin % is 10.80%, which is near median its own 10-year median of 9.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wetzel stock overvalued right now?
Based on GuruFocus' analysis, Wetzel (BSP:MWET3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$9.14, compared to a current price of R$16.00 — trading 75.1% above its estimated fair value. The current Gross Margin % is 10.80%, which is near median its 10-year median of 9.94 and 45.7% below the Vehicles & Parts industry median of 19.89. Wetzel's overall GF Score™ is 39/100 with 7 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 Wetzel (BSP:MWET3), the current Gross Margin % is 10.80% 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 Wetzel (BSP:MWET3) Overvalued in 2026?
Based on GuruFocus' analysis, Wetzel stock appears to be overvalued.
The current stock price of R$16.00 is trading 75.1% above its estimated GF Value™ of R$9.14.
GuruFocus considers Wetzel to be Significantly Overvalued.
Key valuation signals for BSP:MWET3:
Gross Margin %: 10.80% (near median its 10-year median of 9.94)
GF Value™: R$9.14 vs. price of R$16.00 (75.1% above fair value)
Industry Position: 45.7% below the Vehicles & Parts median (#1015 of 1308)
No single metric tells the full story. See the BSP:MWET3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wetzel SA manufactures and markets aluminum and iron components and parts for motor vehicles. The company operates in three business units namely, Aluminum Division, Iron Division and Electro-technical Division.
39GF Score
Get the complete analysis for BSP:MWET3
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:MWET3 has been successfully added to your 
