Havanna Holding (BUE:HAVA) Gross Margin %: 53.08% (As of Mar. 2026) — Near Median


BUE:HAVA Havanna Holding SA BUE:HAVA
77 GF Score
Price ARS5,260.00
GF Value ARS6,841.61
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Havanna Holding Gross Margin %?

Havanna Holding BUE:HAVA -0.19% 77 Gross Margin % is 53.08% as of Mar. 2026, which is 4% below its 10-year median of 55.17. GuruFocus rates BUE:HAVA with a GF Score™ of 77/100 and a GF Value™ of ARS6,841.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 355 Restaurants companies, Havanna Holding ranks better than 58.31% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Havanna Holding's Gross Profit for the three months ended in Mar. 2026 was ARS27,301 Mil. Havanna Holding's Revenue for the three months ended in Mar. 2026 was ARS51,430 Mil. Therefore, Havanna Holding's Gross Margin % for the quarter that ended in Mar. 2026 was 53.08%.


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

BUE:HAVA' s Gross Margin % Range Over the Past 10 Years
Min: 43.56   Med: 55.17   Max: 60.23
Current: 50.33


During the past 13 years, the highest Gross Margin % of Havanna Holding was 60.23%. The lowest was 43.56%. And the median was 55.17%.

BUE:HAVA's Gross Margin % is ranked better than
58.31% of 355 companies
in the Restaurants industry
Industry Median: 45.66 vs BUE:HAVA: 50.33

Havanna Holding had a gross margin of 53.08% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Havanna Holding was 2.20% per year.


Havanna Holding  (BUE:HAVA) 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

Havanna Holding had a gross margin of 53.08% for the quarter that ended in Mar. 2026 => Durable 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.


Havanna Holding Gross Margin % Related Terms


Havanna Holding Gross Margin % Historical Data

* Premium members only.

The historical data trend for Havanna Holding'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.

Havanna Holding Gross Margin % Chart

Havanna Holding 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 54.76 60.23 59.59 55.13 50.62

Havanna Holding 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 54.77 48.19 48.23 50.14 53.08

BUE:HAVA vs MCD, SBUX, YUM: Gross Margin % Comparison

For the Restaurants subindustry, Havanna Holding'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.


Havanna Holding Gross Margin % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Havanna Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Havanna Holding's Gross Margin % falls into.


BUE:HAVA
77GF Score
Havanna Holding SA BUE:HAVA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Havanna Holding Gross Margin % Calculation

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

Havanna Holding'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 )
=79929.2 / 157888.484
=(Revenue - Cost of Goods Sold) / Revenue
=(157888.484 - 77959.285) / 157888.484
=50.62 %

Havanna Holding'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 )
=27301.4 / 51430.337
=(Revenue - Cost of Goods Sold) / Revenue
=(51430.337 - 24128.983) / 51430.337
=53.08 %

* 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 53.08% mean?
Havanna Holding (BUE:HAVA) has a Gross Margin % of 53.08% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Havanna Holding and its competitors. This is near median its historical median of 55.17. Over the past decade, Havanna Holding's Gross Margin % has ranged from 43.56 to 60.23. According to the industry distribution chart, Havanna Holding ranks #148 out of 355 companies in the Restaurants industry, placing it in the top 41.7%.
Is Havanna Holding's Gross Margin % too high?
Havanna Holding's current Gross Margin % of 53.08% is near median its 10-year median of 55.17. Over the past 10 years, this metric has ranged from a low of 43.56 to a high of 60.23. The Restaurants industry median Gross Margin % is 45.66. Havanna Holding's value of 53.08% is 16.3% above this industry median. Based on the distribution chart, Havanna Holding ranks #148 out of 355 companies in the Restaurants industry, which is above the industry midpoint. Overall, Havanna Holding has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Havanna Holding's Gross Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Havanna Holding ranks #148 out of 355 companies for Gross Margin %. This puts Havanna Holding in the upper half of its industry. The industry median Gross Margin % is 45.66. Havanna Holding's value of 53.08% is 16.3% above this benchmark. Historically, Havanna Holding's own Gross Margin % has ranged from 43.56 to 60.23 over the past decade. While the company's 10-year median is 55.17 vs. the industry median of 45.66, Havanna Holding 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 Restaurants company?
The median Gross Margin % among Restaurants companies is 45.66, based on 355 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. Havanna Holding's current Gross Margin % of 53.08% is 16.3% 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 Havanna Holding and its competitors. For the Restaurants industry, the median Gross Margin % is 45.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havanna Holding's current Gross Margin % is 53.08%, which is near median its own 10-year median of 55.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havanna Holding stock overvalued right now?
Based on GuruFocus' analysis, Havanna Holding (BUE:HAVA) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS6,841.61, compared to a current price of ARS5,260.00 — trading 23.1% below its estimated fair value. The current Gross Margin % is 53.08%, which is near median its 10-year median of 55.17 and 16.3% above the Restaurants industry median of 45.66. Havanna Holding's overall GF Score™ is 77/100 with 3 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 Havanna Holding (BUE:HAVA), the current Gross Margin % is 53.08% 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 Havanna Holding (BUE:HAVA) Overvalued in 2026?

Based on GuruFocus' analysis, Havanna Holding stock appears to be undervalued. The current stock price of ARS5,260.00 is trading 23.1% below its estimated GF Value™ of ARS6,841.61. GuruFocus considers Havanna Holding to be Modestly Undervalued.

Key valuation signals for BUE:HAVA:

  • Gross Margin %: 53.08% (near median its 10-year median of 55.17)
  • GF Value™: ARS6,841.61 vs. price of ARS5,260.00 (23.1% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 16.3% above the Restaurants median (#148 of 355)

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


Havanna Holding Business Description

Address Costa Rica, Buenos Aires, ARG, 4161
Havanna Holding SA is an investment company. Through its subsidiaries, it operates coffee stores franchises in Argentina, Chile. Brazil, Venezuela, Bolivia, Paraguay, Uruguay, Peru, Mexico and Spain. Its products are cookies, chocolates, lattes, frappes.
77GF Score

Get the complete analysis for BUE:HAVA

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

ARS5,260.00
Price
ARS6,841.61
GF Value