Turk Altin Isletmeleri ASFRA:2KAA +0.48%73 Gross Margin % is 55.51% as of Mar. 2026, which is 6% below its 10-year median of 59.21. GuruFocus rates FRA:2KAA with a GF Score™ of 73/100 and a GF Value™ of €9.35 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 730 Metals & Mining companies, Turk Altin Isletmeleri AS ranks better than 76.71% on this metric.
Turk Altin Isletmeleri AS (FRA:2KAA) 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
Turk Altin Isletmeleri AS had a gross margin of 55.51% 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.
Turk Altin Isletmeleri AS Gross Margin % Related Terms
Turk Altin Isletmeleri AS Gross Margin % Historical Data
* 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.
FRA:2KAA vs NEM, AU, CDE: Gross Margin % Comparison
For the Gold subindustry, Turk Altin Isletmeleri 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.
Turk Altin Isletmeleri AS Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Turk Altin Isletmeleri AS's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Turk Altin Isletmeleri AS'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.
Turk Altin Isletmeleri AS (FRA:2KAA) has a Gross Margin % of 55.51% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Turk Altin Isletmeleri AS and its competitors. This is near median its historical median of 59.21. Over the past decade, Turk Altin Isletmeleri AS's Gross Margin % has ranged from 34.18 to 67.57. According to the industry distribution chart, Turk Altin Isletmeleri AS ranks #170 out of 730 companies in the Metals & Mining industry, placing it in the top 23.3%.
Is Turk Altin Isletmeleri AS's Gross Margin % too high?
Turk Altin Isletmeleri AS's current Gross Margin % of 55.51% is near median its 10-year median of 59.21. Over the past 10 years, this metric has ranged from a low of 34.18 to a high of 67.57. The Metals & Mining industry median Gross Margin % is 26.18. Turk Altin Isletmeleri AS's value of 55.51% is 112.1% above this industry median. Based on the distribution chart, Turk Altin Isletmeleri AS ranks #170 out of 730 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Turk Altin Isletmeleri AS has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Turk Altin Isletmeleri AS's Gross Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Turk Altin Isletmeleri AS ranks #170 out of 730 companies for Gross Margin %. This places Turk Altin Isletmeleri AS in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.18. Turk Altin Isletmeleri AS's value of 55.51% is 112.1% above this benchmark. Historically, Turk Altin Isletmeleri AS's own Gross Margin % has ranged from 34.18 to 67.57 over the past decade. While the company's 10-year median is 59.21 vs. the industry median of 26.18, Turk Altin Isletmeleri AS 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 Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.18, based on 730 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. Turk Altin Isletmeleri AS's current Gross Margin % of 55.51% is 112.1% 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 Turk Altin Isletmeleri AS and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turk Altin Isletmeleri AS's current Gross Margin % is 55.51%, which is near median its own 10-year median of 59.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Altin Isletmeleri AS stock overvalued right now?
Based on GuruFocus' analysis, Turk Altin Isletmeleri AS (FRA:2KAA) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.35, compared to a current price of €8.32 — trading 11% below its estimated fair value. The current Gross Margin % is 55.51%, which is near median its 10-year median of 59.21 and 112.1% above the Metals & Mining industry median of 26.18. Turk Altin Isletmeleri AS's overall GF Score™ is 73/100 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 Turk Altin Isletmeleri AS (FRA:2KAA), the current Gross Margin % is 55.51% 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 Turk Altin Isletmeleri AS (FRA:2KAA) Overvalued in 2026?
Based on GuruFocus' analysis, Turk Altin Isletmeleri AS stock appears to be undervalued.
The current stock price of €8.32 is trading 11% below its estimated GF Value™ of €9.35.
GuruFocus considers Turk Altin Isletmeleri AS to be Modestly Undervalued.
Key valuation signals for FRA:2KAA:
Gross Margin %: 55.51% (near median its 10-year median of 59.21)
GF Value™: €9.35 vs. price of €8.32 (11% below fair value)
Industry Position: 112.1% above the Metals & Mining median (#170 of 730)
No single metric tells the full story. See the FRA:2KAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turk Altin Isletmeleri AS , formerly Koza Altin Izletmeleri AS is a Turkey-based gold production company. The company has exploration licenses throughout Turkey the Aegean and Marmara regions, the Black Sea region, and Central and Eastern Anatolia. Its operating mines include an underground mine at Ovacik, a mine in Cukuralan that utilizes both underground and open pit mining methods, and an open pit mine at Kaymaz. The company also has feasibility stage projects located near Agri in northeast Turkey and projects in the middle of Turkey.
73GF Score
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