Positivo TecnologiaBSP:POSI3 +1.75%75 Gross Margin % is 15.73% as of Mar. 2026, which is 8% below its 10-year median of 17.17. GuruFocus rates BSP:POSI3 with a GF Score™ of 75/100 and a GF Value™ of R$5.42 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,454 Hardware companies, Positivo Tecnologia ranks worse than 65.48% 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
Positivo Tecnologia had a gross margin of 15.73% 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.
Positivo Tecnologia Gross Margin % Related Terms
Positivo Tecnologia Gross Margin % Historical Data
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The historical data trend for Positivo Tecnologia'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:POSI3 vs SNDK, DELL, STX: Gross Margin % Comparison
For the Computer Hardware subindustry, Positivo Tecnologia'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.
Positivo Tecnologia Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Positivo Tecnologia's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Positivo Tecnologia'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.
Positivo Tecnologia (BSP:POSI3) has a Gross Margin % of 15.73% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Positivo Tecnologia and its competitors. This is near median its historical median of 17.17. Over the past decade, Positivo Tecnologia's Gross Margin % has ranged from 11.29 to 22.84. According to the industry distribution chart, Positivo Tecnologia ranks #1607 out of 2454 companies in the Hardware industry, placing it in the top 65.5%.
Is Positivo Tecnologia's Gross Margin % too high?
Positivo Tecnologia's current Gross Margin % of 15.73% is near median its 10-year median of 17.17. Over the past 10 years, this metric has ranged from a low of 11.29 to a high of 22.84. The Hardware industry median Gross Margin % is 24.57. Positivo Tecnologia's value of 15.73% is 36% below this industry median. Based on the distribution chart, Positivo Tecnologia ranks #1607 out of 2454 companies in the Hardware industry, which is below the industry midpoint. Overall, Positivo Tecnologia has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Positivo Tecnologia's Gross Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Positivo Tecnologia ranks #1607 out of 2454 companies for Gross Margin %. This places Positivo Tecnologia in the lower half of its industry. The industry median Gross Margin % is 24.57. Positivo Tecnologia's value of 15.73% is 36% below this benchmark. Historically, Positivo Tecnologia's own Gross Margin % has ranged from 11.29 to 22.84 over the past decade. While the company's 10-year median is 17.17 vs. the industry median of 24.57, Positivo Tecnologia 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.57, based on 2,454 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. Positivo Tecnologia's current Gross Margin % of 15.73% is 36% 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 Positivo Tecnologia and its competitors. For the Hardware industry, the median Gross Margin % is 24.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Positivo Tecnologia's current Gross Margin % is 15.73%, which is near median its own 10-year median of 17.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Positivo Tecnologia stock overvalued right now?
Based on GuruFocus' analysis, Positivo Tecnologia (BSP:POSI3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$5.42, compared to a current price of R$4.06 — trading 25.1% below its estimated fair value. The current Gross Margin % is 15.73%, which is near median its 10-year median of 17.17 and 36% below the Hardware industry median of 24.57. Positivo Tecnologia's overall GF Score™ is 75/100 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 Positivo Tecnologia (BSP:POSI3), the current Gross Margin % is 15.73% 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 Positivo Tecnologia (BSP:POSI3) Overvalued in 2026?
Based on GuruFocus' analysis, Positivo Tecnologia stock appears to be undervalued.
The current stock price of R$4.06 is trading 25.1% below its estimated GF Value™ of R$5.42.
GuruFocus considers Positivo Tecnologia to be Modestly Undervalued.
Key valuation signals for BSP:POSI3:
Gross Margin %: 15.73% (near median its 10-year median of 17.17)
GF Value™: R$5.42 vs. price of R$4.06 (25.1% below fair value)
Industry Position: 36% below the Hardware median (#1607 of 2454)
No single metric tells the full story. See the BSP:POSI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Positivo Tecnologia SA is a technology company. The Company is mainly engaged in the manufacturing, sale, and development of information technology projects; the manufacturing, sale, and lease of software and hardware; the sale of IT equipment, educational application systems, and school administration systems, as well as planning and providing technical and educational support; the representation, sale, implementation, training, and provision of technical support services for equipment and technical, technological, and scientific education systems across various fields; the development, manufacturing, and sale of electronic voting machines; and the provision of services in the information technology industry, including managed IT services.
75GF Score
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