COLZF (Coca Cola Icecek AS) Gross Margin %: 36.33% (As of Mar. 2026) — Near Median


COLZF Coca Cola Icecek AS COLZF
84 GF Score
Price $1.68
GF Value $1.34
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Coca Cola Icecek AS Gross Margin %?

Coca Cola Icecek AS COLZF -1.75% 84 Gross Margin % is 36.33% as of Mar. 2026, which is 6% above its 10-year median of 34.38. GuruFocus rates COLZF with a GF Score™ of 84/100 and a GF Value™ of $1.34 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 115 Beverages - Non-Alcoholic companies, Coca Cola Icecek AS ranks worse than 58.26% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Coca Cola Icecek AS's Gross Profit for the three months ended in Mar. 2026 was $431 Mil. Coca Cola Icecek AS's Revenue for the three months ended in Mar. 2026 was $1,186 Mil. Therefore, Coca Cola Icecek AS's Gross Margin % for the quarter that ended in Mar. 2026 was 36.33%.


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

COLZF' s Gross Margin % Range Over the Past 10 Years
Min: 30.56   Med: 34.38   Max: 36.86
Current: 36.86


During the past 13 years, the highest Gross Margin % of Coca Cola Icecek AS was 36.86%. The lowest was 30.56%. And the median was 34.38%.

COLZF's Gross Margin % is ranked worse than
58.26% of 115 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 38.43 vs COLZF: 36.86

Coca Cola Icecek AS had a gross margin of 36.33% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Coca Cola Icecek AS was 0.30% per year.


Coca Cola Icecek AS  (OTCPK:COLZF) 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

Coca Cola Icecek AS had a gross margin of 36.33% for the quarter that ended in Mar. 2026 => 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.


Coca Cola Icecek AS Gross Margin % Related Terms


Coca Cola Icecek AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Coca Cola Icecek AS'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.

Coca Cola Icecek AS Gross Margin % Chart

Coca Cola Icecek AS 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 35.19 30.56 32.70 35.29 35.56

Coca Cola Icecek AS 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 30.42 35.41 38.12 37.63 36.33

COLZF vs KO, PEP, MNST: Gross Margin % Comparison

For the Beverages - Non-Alcoholic subindustry, Coca Cola Icecek AS'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.


Coca Cola Icecek AS Gross Margin % vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca Cola Icecek AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Coca Cola Icecek AS's Gross Margin % falls into.


COLZF
84GF Score
Coca Cola Icecek AS COLZF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Coca Cola Icecek AS Gross Margin % Calculation

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

Coca Cola Icecek AS'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 )
=1561 / 4389.281
=(Revenue - Cost of Goods Sold) / Revenue
=(4389.281 - 2828.33) / 4389.281
=35.56 %

Coca Cola Icecek AS'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 )
=431 / 1186.334
=(Revenue - Cost of Goods Sold) / Revenue
=(1186.334 - 755.288) / 1186.334
=36.33 %

* 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 36.33% mean?
Coca Cola Icecek AS (COLZF) has a Gross Margin % of 36.33% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Coca Cola Icecek AS and its competitors. This is near median its historical median of 34.38. Over the past decade, Coca Cola Icecek AS's Gross Margin % has ranged from 30.56 to 36.86. According to the industry distribution chart, Coca Cola Icecek AS ranks #67 out of 115 companies in the Beverages - Non-Alcoholic industry, placing it in the top 58.3%.
Is Coca Cola Icecek AS's Gross Margin % too high?
Coca Cola Icecek AS's current Gross Margin % of 36.33% is near median its 10-year median of 34.38. Over the past 10 years, this metric has ranged from a low of 30.56 to a high of 36.86. The Beverages - Non-Alcoholic industry median Gross Margin % is 38.43. Coca Cola Icecek AS's value of 36.33% is 5.5% below this industry median. Based on the distribution chart, Coca Cola Icecek AS ranks #67 out of 115 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Coca Cola Icecek AS has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca Cola Icecek AS's Gross Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca Cola Icecek AS ranks #67 out of 115 companies for Gross Margin %. This places Coca Cola Icecek AS in the lower half of its industry. The industry median Gross Margin % is 38.43. Coca Cola Icecek AS's value of 36.33% is 5.5% below this benchmark. Historically, Coca Cola Icecek AS's own Gross Margin % has ranged from 30.56 to 36.86 over the past decade. While the company's 10-year median is 34.38 vs. the industry median of 38.43, Coca Cola Icecek AS 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 Beverages - Non-Alcoholic company?
The median Gross Margin % among Beverages - Non-Alcoholic companies is 38.43, based on 115 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. Coca Cola Icecek AS's current Gross Margin % of 36.33% is 5.5% 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 Coca Cola Icecek AS and its competitors. For the Beverages - Non-Alcoholic industry, the median Gross Margin % is 38.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca Cola Icecek AS's current Gross Margin % is 36.33%, which is near median its own 10-year median of 34.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca Cola Icecek AS stock overvalued right now?
Based on GuruFocus' analysis, Coca Cola Icecek AS (COLZF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.34, compared to a current price of $1.68 — trading 25.4% above its estimated fair value. The current Gross Margin % is 36.33%, which is near median its 10-year median of 34.38 and 5.5% below the Beverages - Non-Alcoholic industry median of 38.43. Coca Cola Icecek AS's overall GF Score™ is 84/100 with 5 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 Coca Cola Icecek AS (COLZF), the current Gross Margin % is 36.33% 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 Coca Cola Icecek AS (COLZF) Overvalued in 2026?

Based on GuruFocus' analysis, Coca Cola Icecek AS stock appears to be overvalued. The current stock price of $1.68 is trading 25.4% above its estimated GF Value™ of $1.34. GuruFocus considers Coca Cola Icecek AS to be Modestly Overvalued.

Key valuation signals for COLZF:

  • Gross Margin %: 36.33% (near median its 10-year median of 34.38)
  • GF Value™: $1.34 vs. price of $1.68 (25.4% above fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 5.5% below the Beverages - Non-Alcoholic median (#67 of 115)

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


Coca Cola Icecek AS Business Description

Other Exchanges CCOLA:Turkey
Address Dudullu OSB Mahallesi Deniz Feneri Sokak, No: 4, Umraniye, Istanbul, TUR, 34775
Coca Cola Icecek AS is an exclusive bottler and distributor of Coca-Cola-branded sparkling and still beverages in Turkey, Pakistan, Bangladesh, Central Asia, the Middle East, and other regions. The brands of the company include Coca-Cola, Fanta, Sprite, Costa Coffee, Crush, Crystal Cola, and others. The company also has the exclusive right to distribute the Schweppes brand in Turkey. The company's revenue is split roughly evenly between sales in Turkey and sales outside of Turkey.
84GF Score

Get the complete analysis for COLZF

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

$1.68
Price
$1.34
GF Value