Afric IndustriesCAS:AFI -0.01%66 Gross Margin % is 49.17% as of Dec. 2025, which is 6% below its 10-year median of 52.52. GuruFocus rates CAS:AFI with a GF Score™ of 66/100 and a GF Value™ of MAD338.88 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,565 Chemicals companies, Afric Industries ranks better than 91.44% 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
Afric Industries had a gross margin of 49.17% for the quarter that ended in Dec. 2025 => 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.
Afric Industries Gross Margin % Related Terms
Afric Industries Gross Margin % Historical Data
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The historical data trend for Afric Industries'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.
CAS:AFI vs LIN, SHW, ECL: Gross Margin % Comparison
For the Specialty Chemicals subindustry, Afric Industries'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.
Afric Industries Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Afric Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Afric Industries'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.
Afric Industries (CAS:AFI) has a Gross Margin % of 49.17% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Afric Industries and its competitors. This is near median its historical median of 52.52. Over the past decade, Afric Industries' Gross Margin % has ranged from 42.70 to 55.52. According to the industry distribution chart, Afric Industries ranks #134 out of 1565 companies in the Chemicals industry, placing it in the top 8.6%.
Is Afric Industries' Gross Margin % too high?
Afric Industries' current Gross Margin % of 49.17% is near median its 10-year median of 52.52. Over the past 10 years, this metric has ranged from a low of 42.70 to a high of 55.52. The Chemicals industry median Gross Margin % is 23.38. Afric Industries' value of 49.17% is 110.3% above this industry median. Based on the distribution chart, Afric Industries ranks #134 out of 1565 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Afric Industries has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Afric Industries' Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Afric Industries ranks #134 out of 1565 companies for Gross Margin %. This places Afric Industries in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 23.38. Afric Industries' value of 49.17% is 110.3% above this benchmark. Historically, Afric Industries' own Gross Margin % has ranged from 42.70 to 55.52 over the past decade. While the company's 10-year median is 52.52 vs. the industry median of 23.38, Afric Industries 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.38, based on 1,565 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. Afric Industries's current Gross Margin % of 49.17% is 110.3% 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 Afric Industries and its competitors. For the Chemicals industry, the median Gross Margin % is 23.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afric Industries's current Gross Margin % is 49.17%, which is near median its own 10-year median of 52.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afric Industries stock overvalued right now?
Based on GuruFocus' analysis, Afric Industries (CAS:AFI) is currently considered Fairly Valued. The stock's GF Value™ is MAD338.88, compared to a current price of MAD336.95 — trading 0.6% below its estimated fair value. The current Gross Margin % is 49.17%, which is near median its 10-year median of 52.52 and 110.3% above the Chemicals industry median of 23.38. Afric Industries' overall GF Score™ is 66/100 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 Afric Industries (CAS:AFI), the current Gross Margin % is 49.17% as of Dec. 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 Afric Industries (CAS:AFI) Overvalued in 2026?
Based on GuruFocus' analysis, Afric Industries stock appears to be undervalued.
The current stock price of MAD336.95 is trading 0.6% below its estimated GF Value™ of MAD338.88.
GuruFocus considers Afric Industries to be Fairly Valued.
Key valuation signals for CAS:AFI:
Gross Margin %: 49.17% (near median its 10-year median of 52.52)
GF Value™: MAD338.88 vs. price of MAD336.95 (0.6% below fair value)
Industry Position: 110.3% above the Chemicals median (#134 of 1565)
No single metric tells the full story. See the CAS:AFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afric Industries SA is engaged in the development, production, and marketing of abrasive products of all shapes and sizes. It is also engaged in the manufacturing and sale of tapes and adhesive and self-adhesive tapes; manufacturing, assembling, glazing, installation and marketing of all types of joinery and finished aluminum products and other materials; purchase, sale, import, export, manufacturing, processing, assembly, installation laying of all equipments, materials, tools, accessories, raw materials and spare parts.
66GF Score
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