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
Ste Marseillaise du Tunnel Prado Carenage had a gross margin of 87.38% 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.
Ste Marseillaise du Tunnel Prado Carenage Gross Margin % Related Terms
Ste Marseillaise du Tunnel Prado Carenage 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.
Ste Marseillaise du Tunnel Prado Carenage Gross Margin % Chart
Ste Marseillaise du Tunnel Prado Carenage Annual Data
For the Infrastructure Operations subindustry, Ste Marseillaise du Tunnel Prado Carenage'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.
Ste Marseillaise du Tunnel Prado Carenage Gross Margin % vs Construction Industry
* 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.
Ste Marseillaise du Tunnel Prado Carenage (FRA:9P4) has a Gross Margin % of 87.38% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Ste Marseillaise du Tunnel Prado Carenage and its competitors. This is near median its historical median of 90.11. Over the past decade, Ste Marseillaise du Tunnel Prado Carenage's Gross Margin % has ranged from 87.41 to 91.11. According to the industry distribution chart, Ste Marseillaise du Tunnel Prado Carenage ranks #35 out of 1718 companies in the Construction industry, placing it in the top 2%.
Is Ste Marseillaise du Tunnel Prado Carenage's Gross Margin % too high?
Ste Marseillaise du Tunnel Prado Carenage's current Gross Margin % of 87.38% is near median its 10-year median of 90.11. Over the past 10 years, this metric has ranged from a low of 87.41 to a high of 91.11. The Construction industry median Gross Margin % is 20.72. Ste Marseillaise du Tunnel Prado Carenage's value of 87.38% is 321.7% above this industry median. Based on the distribution chart, Ste Marseillaise du Tunnel Prado Carenage ranks #35 out of 1718 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ste Marseillaise du Tunnel Prado Carenage has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ste Marseillaise du Tunnel Prado Carenage's Gross Margin % compare to competitors?
According to the Construction industry distribution chart, Ste Marseillaise du Tunnel Prado Carenage ranks #35 out of 1718 companies for Gross Margin %. This places Ste Marseillaise du Tunnel Prado Carenage in the top 2% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.72. Ste Marseillaise du Tunnel Prado Carenage's value of 87.38% is 321.7% above this benchmark. Historically, Ste Marseillaise du Tunnel Prado Carenage's own Gross Margin % has ranged from 87.41 to 91.11 over the past decade. While the company's 10-year median is 90.11 vs. the industry median of 20.72, Ste Marseillaise du Tunnel Prado Carenage 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 Construction company?
The median Gross Margin % among Construction companies is 20.72, based on 1,718 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. Ste Marseillaise du Tunnel Prado Carenage's current Gross Margin % of 87.38% is 321.7% 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 Ste Marseillaise du Tunnel Prado Carenage and its competitors. For the Construction industry, the median Gross Margin % is 20.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ste Marseillaise du Tunnel Prado Carenage's current Gross Margin % is 87.38%, which is near median its own 10-year median of 90.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ste Marseillaise du Tunnel Prado Carenage stock overvalued right now?
Based on GuruFocus' analysis, Ste Marseillaise du Tunnel Prado Carenage (FRA:9P4) is currently considered Fairly Valued. The stock's GF Value™ is €29.60, compared to a current price of €26.90 — trading 9.1% below its estimated fair value. The current Gross Margin % is 87.38%, which is near median its 10-year median of 90.11 and 321.7% above the Construction industry median of 20.72. Ste Marseillaise du Tunnel Prado Carenage's overall GF Score™ is 82/100 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 Ste Marseillaise du Tunnel Prado Carenage (FRA:9P4), the current Gross Margin % is 87.38% 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 Ste Marseillaise du Tunnel Prado Carenage (FRA:9P4) Overvalued in 2026?
Based on GuruFocus' analysis, Ste Marseillaise du Tunnel Prado Carenage stock appears to be undervalued.
The current stock price of €26.90 is trading 9.1% below its estimated GF Value™ of €29.60.
GuruFocus considers Ste Marseillaise du Tunnel Prado Carenage to be Fairly Valued.
Key valuation signals for FRA:9P4:
Gross Margin %: 87.38% (near median its 10-year median of 90.11)
GF Value™: €29.60 vs. price of €26.90 (9.1% below fair value)
Industry Position: 321.7% above the Construction median (#35 of 1718)
No single metric tells the full story. See the FRA:9P4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ste Marseillaise du Tunnel Prado Carenage Business Description
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