Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Gross Margin %: 19.44% (As of Dec. 2025) — 35% Below Median

What is Societe Nationale d'Electrolyse et de Petrochimie Gross Margin %?

Societe Nationale d'Electrolyse et de Petrochimie CAS:SNP 56 Gross Margin % is 19.44% as of Dec. 2025, which is 35% below its 10-year median of 29.90. GuruFocus rates CAS:SNP with a GF Score™ of 56/100 and a GF Value™ of MAD475.65 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,565 Chemicals companies, Societe Nationale d'Electrolyse et de Petrochimie ranks worse than 70.16% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Societe Nationale d'Electrolyse et de Petrochimie's Gross Profit for the six months ended in Dec. 2025 was MAD75.0 Mil. Societe Nationale d'Electrolyse et de Petrochimie's Revenue for the six months ended in Dec. 2025 was MAD385.9 Mil. Therefore, Societe Nationale d'Electrolyse et de Petrochimie's Gross Margin % for the quarter that ended in Dec. 2025 was 19.44%.

Warning Sign:

Societe Nationale d'Electrolyse et de Petrochimie gross margin has been in long-term decline. The average rate of decline per year is -23.5%.

The historical rank and industry rank for Societe Nationale d'Electrolyse et de Petrochimie's Gross Margin % or its related term are showing as below:

CAS:SNP' s Gross Margin % Range Over the Past 10 Years
Min: 8.08 Med: 29.9 Max: 38.88
Current: 15.53

During the past 13 years, the highest Gross Margin % of Societe Nationale d'Electrolyse et de Petrochimie was 38.88%. The lowest was 8.08%. And the median was 29.90%.

CAS:SNP's Gross Margin % is ranked worse than
70.16% of 1565 companies
in the Chemicals industry
Industry Median: 23.38 vs CAS:SNP: 15.53

Societe Nationale d'Electrolyse et de Petrochimie had a gross margin of 19.44% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Societe Nationale d'Electrolyse et de Petrochimie was -23.50% per year.

Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) 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

Societe Nationale d'Electrolyse et de Petrochimie had a gross margin of 19.44% for the quarter that ended in Dec. 2025 => 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.

Societe Nationale d'Electrolyse et de Petrochimie Gross Margin % Related Terms

Societe Nationale d'Electrolyse et de Petrochimie Gross Margin % Historical Data

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The historical data trend for Societe Nationale d'Electrolyse et de Petrochimie'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.

Societe Nationale d'Electrolyse et de Petrochimie Gross Margin % Chart

Societe Nationale d'Electrolyse et de Petrochimie Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Gross Margin %

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38.88

34.27

16.62

8.08

15.53

Societe Nationale d'Electrolyse et de Petrochimie Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Gross Margin %	Get a 7-Day Free Trial															12.59	13.69	4.27	11.34	19.44

CAS:SNP vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Societe Nationale d'Electrolyse et de Petrochimie'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.

Societe Nationale d'Electrolyse et de Petrochimie Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Societe Nationale d'Electrolyse et de Petrochimie's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Societe Nationale d'Electrolyse et de Petrochimie's Gross Margin % falls into.

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Societe Nationale d'Electrolyse et de Petrochimie CAS:SNP

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Societe Nationale d'Electrolyse et de Petrochimie Gross Margin % Calculation

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

Societe Nationale d'Electrolyse et de Petrochimie'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 )
	=	115.8	/	745.692
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(745.692 - 629.907)	/	745.692
	=	15.53 %

Societe Nationale d'Electrolyse et de Petrochimie's Gross Margin for the quarter that ended in Dec. 2025 is calculated as

Gross Margin % (Q: Dec. 2025 )	=	Gross Profit (Q: Dec. 2025 )	/	Revenue (Q: Dec. 2025 )
	=	75	/	385.889
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(385.889 - 310.89)	/	385.889
	=	19.44 %

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 19.44% mean?

Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) has a Gross Margin % of 19.44% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Societe Nationale d'Electrolyse et de Petrochimie and its competitors. This is 35% below median its historical median of 29.90. Over the past decade, Societe Nationale d'Electrolyse et de Petrochimie's Gross Margin % has ranged from 8.08 to 38.88. According to the industry distribution chart, Societe Nationale d'Electrolyse et de Petrochimie ranks #1098 out of 1565 companies in the Chemicals industry, placing it in the top 70.2%.

Is Societe Nationale d'Electrolyse et de Petrochimie's Gross Margin % too high?

Societe Nationale d'Electrolyse et de Petrochimie's current Gross Margin % of 19.44% is 35% below median its 10-year median of 29.90. Over the past 10 years, this metric has ranged from a low of 8.08 to a high of 38.88. The Chemicals industry median Gross Margin % is 23.38. Societe Nationale d'Electrolyse et de Petrochimie's value of 19.44% is 16.9% below this industry median. Based on the distribution chart, Societe Nationale d'Electrolyse et de Petrochimie ranks #1098 out of 1565 companies in the Chemicals industry, which is below the industry midpoint. Overall, Societe Nationale d'Electrolyse et de Petrochimie has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Societe Nationale d'Electrolyse et de Petrochimie's Gross Margin % compare to LIN and SHW?

According to the Chemicals industry distribution chart, Societe Nationale d'Electrolyse et de Petrochimie ranks #1098 out of 1565 companies for Gross Margin %. This places Societe Nationale d'Electrolyse et de Petrochimie in the lower half of its industry. The industry median Gross Margin % is 23.38. Societe Nationale d'Electrolyse et de Petrochimie's value of 19.44% is 16.9% below this benchmark. Historically, Societe Nationale d'Electrolyse et de Petrochimie's own Gross Margin % has ranged from 8.08 to 38.88 over the past decade. While the company's 10-year median is 29.90 vs. the industry median of 23.38, Societe Nationale d'Electrolyse et de Petrochimie 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 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. Societe Nationale d'Electrolyse et de Petrochimie's current Gross Margin % of 19.44% is 16.9% 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 Societe Nationale d'Electrolyse et de Petrochimie 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. Societe Nationale d'Electrolyse et de Petrochimie's current Gross Margin % is 19.44%, which is 35% below median its own 10-year median of 29.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Societe Nationale d'Electrolyse et de Petrochimie stock overvalued right now?

Based on GuruFocus' analysis, Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD475.65, compared to a current price of MAD340.00 — trading 28.5% below its estimated fair value. The current Gross Margin % is 19.44%, which is 35% below median its 10-year median of 29.90 and 16.9% below the Chemicals industry median of 23.38. Societe Nationale d'Electrolyse et de Petrochimie's overall GF Score™ is 56/100 with 4 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 Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP), the current Gross Margin % is 19.44% 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 Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Overvalued in 2026?

Based on GuruFocus' analysis, Societe Nationale d'Electrolyse et de Petrochimie stock appears to be undervalued. The current stock price of MAD340.00 is trading 28.5% below its estimated GF Value™ of MAD475.65. GuruFocus considers Societe Nationale d'Electrolyse et de Petrochimie to be Modestly Undervalued.

Key valuation signals for CAS:SNP:

Gross Margin %: 19.44% (35% below median its 10-year median of 29.90)
GF Value™: MAD475.65 vs. price of MAD340.00 (28.5% below fair value)
GF Score™: 56/100 with 4 warning signs
Industry Position: 16.9% below the Chemicals median (#1098 of 1565)

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

Societe Nationale d'Electrolyse et de Petrochimie Business Description

Industry Basic Materials Chemicals

Comparable Companies CAS:COL CAS:AFI LIN XPAR:AI SHW ECL APD XSWX:GIVN SHSE:600309 XSWX:SIKA SZSE:002466 OCSE:NSIS B SHSE:603256 BOM:500820 PPG TPE:1303 XSGO:SQM-B LYB XSWX:EMSN XAMS:DSFIR

Address Route Cotiere N 111 - Mohammadia, Casablanca, MAR

Website http://www.snep.ma

Societe Nationale d'Electrolyse et de Petrochimie manufactures vinyl products (PVC and Compound PVC) and products resulting from electrolysis (Soda, Chlorine, Bleach) and Hydrochloric Acid. The company ioffers its products to BTP, Irrigation, Drinking water supply and sanitation, Detergency and domestic and industrial hygiene, Water treatment, and Food industry.

56GF Score

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MAD340.00

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MAD475.65

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