Ledesma (BUE:LEDE) Gross Margin %: 24.26% (As of Nov. 2025) — 30% Below Median


BUE:LEDE Ledesma SA BUE:LEDE
64 GF Score
Price ARS749.00
GF Value ARS975.84
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Ledesma Gross Margin %?

Ledesma BUE:LEDE +0.27% 64 Gross Margin % is 24.26% as of Nov. 2025, which is 30% below its 10-year median of 34.57. GuruFocus rates BUE:LEDE with a GF Score™ of 64/100 and a GF Value™ of ARS975.84 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 511 Conglomerates companies, Ledesma ranks worse than 58.71% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ledesma's Gross Profit for the three months ended in Nov. 2025 was ARS55,057 Mil. Ledesma's Revenue for the three months ended in Nov. 2025 was ARS226,925 Mil. Therefore, Ledesma's Gross Margin % for the quarter that ended in Nov. 2025 was 24.26%.

Warning Sign:

Ledesma SA gross margin has been in long-term decline. The average rate of decline per year is -6.2%.


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

BUE:LEDE' s Gross Margin % Range Over the Past 10 Years
Min: 21.96   Med: 34.57   Max: 39.11
Current: 21.96


During the past 13 years, the highest Gross Margin % of Ledesma was 39.11%. The lowest was 21.96%. And the median was 34.57%.

BUE:LEDE's Gross Margin % is ranked worse than
58.71% of 511 companies
in the Conglomerates industry
Industry Median: 25.85 vs BUE:LEDE: 21.96

Ledesma had a gross margin of 24.26% for the quarter that ended in Nov. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ledesma was -6.20% per year.


Ledesma  (BUE:LEDE) 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

Ledesma had a gross margin of 24.26% for the quarter that ended in Nov. 2025 => 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.


Ledesma Gross Margin % Related Terms


Ledesma Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ledesma'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.

Ledesma Gross Margin % Chart

Ledesma Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.02 32.16 33.09 34.71 23.42

Ledesma Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 29.26 26.81 18.60 19.03 24.26

BUE:LEDE vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, Ledesma'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.


Ledesma Gross Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ledesma's Gross Margin % distribution charts can be found below:

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


BUE:LEDE
64GF Score
Ledesma SA BUE:LEDE
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ledesma Gross Margin % Calculation

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

Ledesma's Gross Margin for the fiscal year that ended in May. 2025 is calculated as

Gross Margin % (A: May. 2025 )=Gross Profit (A: May. 2025 ) / Revenue (A: May. 2025 )
=194853.1 / 831947.417
=(Revenue - Cost of Goods Sold) / Revenue
=(831947.417 - 637094.348) / 831947.417
=23.42 %

Ledesma's Gross Margin for the quarter that ended in Nov. 2025 is calculated as


Gross Margin % (Q: Nov. 2025 )=Gross Profit (Q: Nov. 2025 ) / Revenue (Q: Nov. 2025 )
=55056.6 / 226924.996
=(Revenue - Cost of Goods Sold) / Revenue
=(226924.996 - 171868.377) / 226924.996
=24.26 %

* 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 24.26% mean?
Ledesma (BUE:LEDE) has a Gross Margin % of 24.26% as of Nov. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Ledesma and its competitors. This is 30% below median its historical median of 34.57. Over the past decade, Ledesma's Gross Margin % has ranged from 21.96 to 39.11. According to the industry distribution chart, Ledesma ranks #300 out of 511 companies in the Conglomerates industry, placing it in the top 58.7%.
Is Ledesma's Gross Margin % too high?
Ledesma's current Gross Margin % of 24.26% is 30% below median its 10-year median of 34.57. Over the past 10 years, this metric has ranged from a low of 21.96 to a high of 39.11. The Conglomerates industry median Gross Margin % is 25.85. Ledesma's value of 24.26% is 6.2% below this industry median. Based on the distribution chart, Ledesma ranks #300 out of 511 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Ledesma has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ledesma's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Ledesma ranks #300 out of 511 companies for Gross Margin %. This places Ledesma in the lower half of its industry. The industry median Gross Margin % is 25.85. Ledesma's value of 24.26% is 6.2% below this benchmark. Historically, Ledesma's own Gross Margin % has ranged from 21.96 to 39.11 over the past decade. While the company's 10-year median is 34.57 vs. the industry median of 25.85, Ledesma 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.85, based on 511 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. Ledesma's current Gross Margin % of 24.26% is 6.2% 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 Ledesma and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ledesma's current Gross Margin % is 24.26%, which is 30% below median its own 10-year median of 34.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ledesma stock overvalued right now?
Based on GuruFocus' analysis, Ledesma (BUE:LEDE) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS975.84, compared to a current price of ARS749.00 — trading 23.2% below its estimated fair value. The current Gross Margin % is 24.26%, which is 30% below median its 10-year median of 34.57 and 6.2% below the Conglomerates industry median of 25.85. Ledesma's overall GF Score™ is 64/100 with 6 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 Ledesma (BUE:LEDE), the current Gross Margin % is 24.26% as of Nov. 2025. 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 Ledesma (BUE:LEDE) Overvalued in 2026?

Based on GuruFocus' analysis, Ledesma stock appears to be undervalued. The current stock price of ARS749.00 is trading 23.2% below its estimated GF Value™ of ARS975.84. GuruFocus considers Ledesma to be Modestly Undervalued.

Key valuation signals for BUE:LEDE:

  • Gross Margin %: 24.26% (30% below median its 10-year median of 34.57)
  • GF Value™: ARS975.84 vs. price of ARS749.00 (23.2% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 6.2% below the Conglomerates median (#300 of 511)

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


Ledesma Business Description

Address Avenida Corrientes 415, 8th Floor, Capital Federal, Buenos Aires, ARG
Ledesma SA is engaged in the production of sugar, paper, alcohol, bioethanol, energy, natural juices, meat, syrups, corn starches and cereals. The company also produces notebooks and other school supplies. The geographical scope of the Ledesma Group's operations is mainly in the Argentine Republic. It mainly carry out activities mainly of sugar sugar mill, alcohol distillery both hydrated intended for traditional uses and anhydrous, for bio-fuels, manufacturing of paper and stationery, production of fruits and juices and Agriculture and Livestock. It is one of the main players in the local markets for the production and marketing of sugar, alcohol, reams of paper, notebooks, coated papers and school supplies, and is the main exporter of oranges and grapefruits in the country.
64GF Score

Get the complete analysis for BUE:LEDE

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

ARS749.00
Price
ARS975.84
GF Value