GBSMF (Ginebran Miguel) Gross Margin %: 26.97% (As of Mar. 2026) — Near Median


GBSMF Ginebra San Miguel Inc GBSMF
95 GF Score
Price $2.09
GF Value $2.36
! 1 Warning Sign
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What is Ginebran Miguel Gross Margin %?

Ginebran Miguel GBSMF 95 Gross Margin % is 26.97% as of Mar. 2026, which is 7% above its 10-year median of 25.28. GuruFocus rates GBSMF with a GF Score™ of 95/100 and a GF Value™ of $2.36. The stock has 1 warning sign investors should review. Among 205 Beverages - Alcoholic companies, Ginebran Miguel ranks worse than 83.41% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ginebran Miguel's Gross Profit for the three months ended in Mar. 2026 was $74 Mil. Ginebran Miguel's Revenue for the three months ended in Mar. 2026 was $273 Mil. Therefore, Ginebran Miguel's Gross Margin % for the quarter that ended in Mar. 2026 was 26.97%.


The historical rank and industry rank for Ginebran Miguel's Gross Margin % or its related term are showing as below:

GBSMF' s Gross Margin % Range Over the Past 10 Years
Min: 23.87   Med: 25.28   Max: 27.31
Current: 26.45


During the past 13 years, the highest Gross Margin % of Ginebran Miguel was 27.31%. The lowest was 23.87%. And the median was 25.28%.

GBSMF's Gross Margin % is ranked worse than
83.41% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 42.29 vs GBSMF: 26.45

Ginebran Miguel had a gross margin of 26.97% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ginebran Miguel was -0.10% per year.


Ginebran Miguel  (OTCPK:GBSMF) 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

Ginebran Miguel had a gross margin of 26.97% 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.


Ginebran Miguel Gross Margin % Related Terms


Ginebran Miguel Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ginebran Miguel'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.

Ginebran Miguel Gross Margin % Chart

Ginebran Miguel 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 25.33 24.25 23.87 24.37 25.99

Ginebran Miguel 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 25.09 27.67 26.50 24.89 26.97

GBSMF vs BF.B: Gross Margin % Comparison

For the Beverages - Wineries & Distilleries subindustry, Ginebran Miguel'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.


Ginebran Miguel Gross Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Ginebran Miguel's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ginebran Miguel's Gross Margin % falls into.


GBSMF
95GF Score
Ginebra San Miguel Inc GBSMF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ginebran Miguel Gross Margin % Calculation

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

Ginebran Miguel'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 )
=286.1 / 1100.599
=(Revenue - Cost of Goods Sold) / Revenue
=(1100.599 - 814.531) / 1100.599
=25.99 %

Ginebran Miguel'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 )
=73.7 / 273.336
=(Revenue - Cost of Goods Sold) / Revenue
=(273.336 - 199.613) / 273.336
=26.97 %

* 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 26.97% mean?
Ginebran Miguel (GBSMF) has a Gross Margin % of 26.97% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ginebran Miguel and its competitors. This is near median its historical median of 25.28. Over the past decade, Ginebran Miguel's Gross Margin % has ranged from 23.87 to 27.31. According to the industry distribution chart, Ginebran Miguel ranks #171 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 83.4%.
Is Ginebran Miguel's Gross Margin % too high?
Ginebran Miguel's current Gross Margin % of 26.97% is near median its 10-year median of 25.28. Over the past 10 years, this metric has ranged from a low of 23.87 to a high of 27.31. The Beverages - Alcoholic industry median Gross Margin % is 42.29. Ginebran Miguel's value of 26.97% is 36.2% below this industry median. Based on the distribution chart, Ginebran Miguel ranks #171 out of 205 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Ginebran Miguel has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Ginebran Miguel's Gross Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Ginebran Miguel ranks #171 out of 205 companies for Gross Margin %. This places Ginebran Miguel in the lower half of its industry. The industry median Gross Margin % is 42.29. Ginebran Miguel's value of 26.97% is 36.2% below this benchmark. Historically, Ginebran Miguel's own Gross Margin % has ranged from 23.87 to 27.31 over the past decade. While the company's 10-year median is 25.28 vs. the industry median of 42.29, Ginebran Miguel 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 - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.29, based on 205 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. Ginebran Miguel's current Gross Margin % of 26.97% is 36.2% 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 Ginebran Miguel and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ginebran Miguel's current Gross Margin % is 26.97%, which is near median its own 10-year median of 25.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ginebran Miguel stock overvalued right now?
Ginebran Miguel (GBSMF) has a current Gross Margin % of 26.97%. The stock's GF Value™ is $2.36, compared to a current price of $2.09 — trading 11.5% below its estimated fair value. The current Gross Margin % is 26.97%, which is near median its 10-year median of 25.28 and 36.2% below the Beverages - Alcoholic industry median of 42.29. Ginebran Miguel's overall GF Score™ is 95/100 with 1 warning sign 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 Ginebran Miguel (GBSMF), the current Gross Margin % is 26.97% 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 Ginebran Miguel (GBSMF) Overvalued in 2026?

Based on GuruFocus' analysis, Ginebran Miguel stock appears to be undervalued. The current stock price of $2.09 is trading 11.5% below its estimated GF Value™ of $2.36.

Key valuation signals for GBSMF:

  • Gross Margin %: 26.97% (near median its 10-year median of 25.28)
  • GF Value™: $2.36 vs. price of $2.09 (11.5% below fair value)
  • GF Score™: 95/100 with 1 warning sign
  • Industry Position: 36.2% below the Beverages - Alcoholic median (#171 of 205)

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


Ginebran Miguel Business Description

Other Exchanges GSMI:Philippines
Address St. Francis Street, Ortigas Center, 3rd and 6th Floor, San Miguel Properties Centre, Mandaluyong, PHL, 1550
Ginebra San Miguel Inc manufactures and sells alcoholic beverages in the Philippines. It offers alcoholic beverages, under the following brand names: Ginebra San Miguel gin, GSM Blue, GSM Blue Flavors, Ginebra San Miguel Premium Gin, Antonov Vodka, Primera Light Brandy, Vino Kulafu, and Antonov vodka.
95GF Score

Get the complete analysis for GBSMF

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

$2.09
Price
$2.36
GF Value