GPAGF (GrumaB de CV) Gross Margin %: 38.70% (As of Mar. 2026) — Near Median


GPAGF Gruma SAB de CV GPAGF
92 GF Score
Price $18.10
GF Value $21.06
Valuation Fairly Valued
! 1 Warning Sign
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What is GrumaB de CV Gross Margin %?

GrumaB de CV GPAGF 92 Gross Margin % is 38.70% as of Mar. 2026, which is 3% above its 10-year median of 37.67. GuruFocus rates GPAGF with a GF Score™ of 92/100 and a GF Value™ of $21.06 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,902 Consumer Packaged Goods companies, GrumaB de CV ranks better than 73.61% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. GrumaB de CV's Gross Profit for the three months ended in Mar. 2026 was $629 Mil. GrumaB de CV's Revenue for the three months ended in Mar. 2026 was $1,625 Mil. Therefore, GrumaB de CV's Gross Margin % for the quarter that ended in Mar. 2026 was 38.70%.


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

GPAGF' s Gross Margin % Range Over the Past 10 Years
Min: 35.37   Med: 37.67   Max: 39.1
Current: 38.85


During the past 13 years, the highest Gross Margin % of GrumaB de CV was 39.10%. The lowest was 35.37%. And the median was 37.67%.

GPAGF's Gross Margin % is ranked better than
73.61% of 1902 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs GPAGF: 38.85

GrumaB de CV had a gross margin of 38.70% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for GrumaB de CV was 0.90% per year.


GrumaB de CV  (OTCPK:GPAGF) 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

GrumaB de CV had a gross margin of 38.70% 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.


GrumaB de CV Gross Margin % Related Terms


GrumaB de CV Gross Margin % Historical Data

* Premium members only.

The historical data trend for GrumaB de CV'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.

GrumaB de CV Gross Margin % Chart

GrumaB de CV 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 35.97 35.37 35.49 38.52 39.10

GrumaB de CV 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 39.78 39.40 39.33 37.91 38.70

GPAGF vs KHC, GIS, JBS: Gross Margin % Comparison

For the Packaged Foods subindustry, GrumaB de CV'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.


GrumaB de CV Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, GrumaB de CV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where GrumaB de CV's Gross Margin % falls into.


GPAGF
92GF Score
Gruma SAB de CV GPAGF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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GrumaB de CV Gross Margin % Calculation

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

GrumaB de CV'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 )
=2492.7 / 6374.623
=(Revenue - Cost of Goods Sold) / Revenue
=(6374.623 - 3881.97) / 6374.623
=39.10 %

GrumaB de CV'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 )
=628.8 / 1624.728
=(Revenue - Cost of Goods Sold) / Revenue
=(1624.728 - 995.966) / 1624.728
=38.70 %

* 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 38.70% mean?
GrumaB de CV (GPAGF) has a Gross Margin % of 38.70% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on GrumaB de CV and its competitors. This is near median its historical median of 37.67. Over the past decade, GrumaB de CV's Gross Margin % has ranged from 35.37 to 39.10. According to the industry distribution chart, GrumaB de CV ranks #502 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 26.4%.
Is GrumaB de CV's Gross Margin % too high?
GrumaB de CV's current Gross Margin % of 38.70% is near median its 10-year median of 37.67. Over the past 10 years, this metric has ranged from a low of 35.37 to a high of 39.10. The Consumer Packaged Goods industry median Gross Margin % is 26.37. GrumaB de CV's value of 38.70% is 46.8% above this industry median. Based on the distribution chart, GrumaB de CV ranks #502 out of 1902 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, GrumaB de CV has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GrumaB de CV's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, GrumaB de CV ranks #502 out of 1902 companies for Gross Margin %. This puts GrumaB de CV in the upper half of its industry. The industry median Gross Margin % is 26.37. GrumaB de CV's value of 38.70% is 46.8% above this benchmark. Historically, GrumaB de CV's own Gross Margin % has ranged from 35.37 to 39.10 over the past decade. While the company's 10-year median is 37.67 vs. the industry median of 26.37, GrumaB de CV 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,902 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. GrumaB de CV's current Gross Margin % of 38.70% is 46.8% 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 GrumaB de CV and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GrumaB de CV's current Gross Margin % is 38.70%, which is near median its own 10-year median of 37.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GrumaB de CV stock overvalued right now?
Based on GuruFocus' analysis, GrumaB de CV (GPAGF) is currently considered Fairly Valued. The stock's GF Value™ is $21.06, compared to a current price of $18.10 — trading 14.1% below its estimated fair value. The current Gross Margin % is 38.70%, which is near median its 10-year median of 37.67 and 46.8% above the Consumer Packaged Goods industry median of 26.37. GrumaB de CV's overall GF Score™ is 92/100 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 GrumaB de CV (GPAGF), the current Gross Margin % is 38.70% 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 GrumaB de CV (GPAGF) Overvalued in 2026?

Based on GuruFocus' analysis, GrumaB de CV stock appears to be undervalued. The current stock price of $18.10 is trading 14.1% below its estimated GF Value™ of $21.06. GuruFocus considers GrumaB de CV to be Fairly Valued.

Key valuation signals for GPAGF:

  • Gross Margin %: 38.70% (near median its 10-year median of 37.67)
  • GF Value™: $21.06 vs. price of $18.10 (14.1% below fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 46.8% above the Consumer Packaged Goods median (#502 of 1902)

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


GrumaB de CV Business Description

Address Calzada del Valle, 407 Ote., Colonia Del Valle, San Pedro Garza Garcia, NL, MEX, 66220
Gruma SAB de CV is an international food production company, originally from Mexico. The product portfolio is large: corn and flour tortillas, wheat flour, naan, pita bread, flatbreads, wraps, chapatti, and pizza bases, along with other food products, such as snacks, pasta, rice, condiments, and palm hearts. The company has operations in America, Europe, Asia, and Oceania, and is present in over 100 countries across the globe. Its well-known brands are Maseca, Robin Hood, Mission, Guerrero, Tortiricas and Tosty.
92GF Score

Get the complete analysis for GPAGF

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

$18.10
Price
$21.06
GF Value