TAG OilFRA:T0P Gross Margin % is -69.59% as of Mar. 2026. The stock has 1 warning sign investors should review. Among 872 Oil & Gas companies, TAG Oil ranks worse than 97.94% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. TAG Oil's Gross Profit for the
three
months ended in Mar. 2026 was €-0.14 Mil. TAG Oil's Revenue for the
three
months ended in Mar. 2026 was €0.19 Mil. Therefore, TAG Oil's Gross Margin % for the quarter that ended in Mar. 2026 was -69.59%.
The historical rank and industry rank for TAG Oil's Gross Margin % or its related term are showing as below:
FRA:T0P'
s Gross Margin % Range Over the Past 10 Years
Min: -116.55 Med: 1.52 Max: 47.14
Current: -77.37
During the past 13 years, the highestGross Margin % of TAG Oil was 47.14%. The lowest was -116.55%. And the median was 1.52%.
FRA:T0P's Gross Margin % is ranked worse than 97.94% of 872
companies
in the Oil & Gas industry
Industry Median: 25.62
vs FRA:T0P: -77.37
TAG Oil had a gross margin of -69.59% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for TAG Oil was 0.00% per year.
TAG Oil (FRA:T0P) 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
TAG Oil had a gross margin of -69.59% for the quarter that ended in Mar. 2026 => 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.
TAG Oil Gross Margin % Related Terms
TAG Oil Gross Margin % Historical Data
* Premium members only.
The historical data trend for TAG Oil'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.
FRA:T0P vs COP, EOG, FANG: Gross Margin % Comparison
For the Oil & Gas E&P subindustry, TAG Oil'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.
TAG Oil Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TAG Oil's Gross Margin % distribution charts can be found below:
* The bar in red indicates where TAG Oil'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.
TAG Oil (FRA:T0P) has a Gross Margin % of -69.59% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TAG Oil and its competitors. According to the industry distribution chart, TAG Oil ranks #854 out of 872 companies in the Oil & Gas industry, placing it in the top 97.9%.
Is TAG Oil's Gross Margin % too high?
TAG Oil's current Gross Margin % is -69.59%. Based on the distribution chart, TAG Oil ranks #854 out of 872 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does TAG Oil's Gross Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, TAG Oil ranks #854 out of 872 companies for Gross Margin %. This places TAG Oil in the lower half of its industry. The industry median Gross Margin % is 25.62. 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 an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.62, based on 872 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. 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 TAG Oil and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAG Oil's current Gross Margin % is -69.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAG Oil stock overvalued right now?
Based on GuruFocus' analysis, TAG Oil (FRA:T0P) is currently considered Possible Value Trap. The stock's GF Value™ is €0.19, compared to a current price of €0.03 — trading 84.2% below its estimated fair value. The current Gross Margin % is -69.59%. 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 TAG Oil (FRA:T0P), the current Gross Margin % is -69.59% 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.
TAG Oil Ltd is focused on oil and gas exploration and development opportunities in the Middle East and North Africa. The company is developing the unconventional heavy oil Abu Roash F (ARF) formation in the Badr oil field (BED-1) and Southeast Ras Qattara (SERQ) concessions.
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