Adel Kalemcilik Ticaret Venayi AS (IST:ADEL) Gross Margin %: 33.63% (As of Mar. 2026) — 24% Below Median


IST:ADEL Adel Kalemcilik Ticaret Ve Sanayi AS IST:ADEL
48 GF Score
Price ₺31.80
GF Value ₺33.24
Valuation Fairly Valued
! 6 Warning Signs
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What is Adel Kalemcilik Ticaret Venayi AS Gross Margin %?

Adel Kalemcilik Ticaret Venayi AS IST:ADEL 48 Gross Margin % is 33.63% as of Mar. 2026, which is 24% below its 10-year median of 44.45. GuruFocus rates IST:ADEL with a GF Score™ of 48/100 and a GF Value™ of ₺33.24 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,997 Industrial Products companies, Adel Kalemcilik Ticaret Venayi AS ranks better than 75.08% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Adel Kalemcilik Ticaret Venayi AS's Gross Profit for the three months ended in Mar. 2026 was ₺277 Mil. Adel Kalemcilik Ticaret Venayi AS's Revenue for the three months ended in Mar. 2026 was ₺823 Mil. Therefore, Adel Kalemcilik Ticaret Venayi AS's Gross Margin % for the quarter that ended in Mar. 2026 was 33.63%.


The historical rank and industry rank for Adel Kalemcilik Ticaret Venayi AS's Gross Margin % or its related term are showing as below:

IST:ADEL' s Gross Margin % Range Over the Past 10 Years
Min: 25.19   Med: 44.45   Max: 51.18
Current: 37.76


During the past 13 years, the highest Gross Margin % of Adel Kalemcilik Ticaret Venayi AS was 51.18%. The lowest was 25.19%. And the median was 44.45%.

IST:ADEL's Gross Margin % is ranked better than
75.08% of 2997 companies
in the Industrial Products industry
Industry Median: 26.79 vs IST:ADEL: 37.76

Adel Kalemcilik Ticaret Venayi AS had a gross margin of 33.63% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Adel Kalemcilik Ticaret Venayi AS was 6.70% per year.


Adel Kalemcilik Ticaret Venayi AS  (IST:ADEL) 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

Adel Kalemcilik Ticaret Venayi AS had a gross margin of 33.63% 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.


Adel Kalemcilik Ticaret Venayi AS Gross Margin % Related Terms


Adel Kalemcilik Ticaret Venayi AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Adel Kalemcilik Ticaret Venayi AS'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.

Adel Kalemcilik Ticaret Venayi AS Gross Margin % Chart

Adel Kalemcilik Ticaret Venayi AS 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 31.65 25.19 46.69 51.18 39.66

Adel Kalemcilik Ticaret Venayi AS 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 38.52 45.17 40.12 24.32 33.63

Adel Kalemcilik Ticaret Venayi AS Gross Margin % Competitor Comparison

For the Business Equipment & Supplies subindustry, Adel Kalemcilik Ticaret Venayi 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.


Adel Kalemcilik Ticaret Venayi AS Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Adel Kalemcilik Ticaret Venayi AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Adel Kalemcilik Ticaret Venayi AS's Gross Margin % falls into.


IST:ADEL
48GF Score
Adel Kalemcilik Ticaret Ve Sanayi AS IST:ADEL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Adel Kalemcilik Ticaret Venayi AS Gross Margin % Calculation

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

Adel Kalemcilik Ticaret Venayi AS'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 )
=832.8 / 2099.613
=(Revenue - Cost of Goods Sold) / Revenue
=(2099.613 - 1266.831) / 2099.613
=39.66 %

Adel Kalemcilik Ticaret Venayi AS'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 )
=276.7 / 822.856
=(Revenue - Cost of Goods Sold) / Revenue
=(822.856 - 546.107) / 822.856
=33.63 %

* 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 33.63% mean?
Adel Kalemcilik Ticaret Venayi AS (IST:ADEL) has a Gross Margin % of 33.63% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Adel Kalemcilik Ticaret Venayi AS and its competitors. This is 24% below median its historical median of 44.45. Over the past decade, Adel Kalemcilik Ticaret Venayi AS's Gross Margin % has ranged from 25.19 to 51.18. According to the industry distribution chart, Adel Kalemcilik Ticaret Venayi AS ranks #747 out of 2997 companies in the Industrial Products industry, placing it in the top 24.9%.
Is Adel Kalemcilik Ticaret Venayi AS's Gross Margin % too high?
Adel Kalemcilik Ticaret Venayi AS's current Gross Margin % of 33.63% is 24% below median its 10-year median of 44.45. Over the past 10 years, this metric has ranged from a low of 25.19 to a high of 51.18. The Industrial Products industry median Gross Margin % is 26.79. Adel Kalemcilik Ticaret Venayi AS's value of 33.63% is 25.5% above this industry median. Based on the distribution chart, Adel Kalemcilik Ticaret Venayi AS ranks #747 out of 2997 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Adel Kalemcilik Ticaret Venayi AS has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adel Kalemcilik Ticaret Venayi AS's Gross Margin % compare to competitors?
According to the Industrial Products industry distribution chart, Adel Kalemcilik Ticaret Venayi AS ranks #747 out of 2997 companies for Gross Margin %. This places Adel Kalemcilik Ticaret Venayi AS in the top 25% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.79. Adel Kalemcilik Ticaret Venayi AS's value of 33.63% is 25.5% above this benchmark. Historically, Adel Kalemcilik Ticaret Venayi AS's own Gross Margin % has ranged from 25.19 to 51.18 over the past decade. While the company's 10-year median is 44.45 vs. the industry median of 26.79, Adel Kalemcilik Ticaret Venayi 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.79, based on 2,997 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. Adel Kalemcilik Ticaret Venayi AS's current Gross Margin % of 33.63% is 25.5% 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 Adel Kalemcilik Ticaret Venayi AS and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adel Kalemcilik Ticaret Venayi AS's current Gross Margin % is 33.63%, which is 24% below median its own 10-year median of 44.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adel Kalemcilik Ticaret Venayi AS stock overvalued right now?
Based on GuruFocus' analysis, Adel Kalemcilik Ticaret Venayi AS (IST:ADEL) is currently considered Fairly Valued. The stock's GF Value™ is ₺33.24, compared to a current price of ₺31.80 — trading 4.3% below its estimated fair value. The current Gross Margin % is 33.63%, which is 24% below median its 10-year median of 44.45 and 25.5% above the Industrial Products industry median of 26.79. Adel Kalemcilik Ticaret Venayi AS's overall GF Score™ is 48/100 with 6 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 Adel Kalemcilik Ticaret Venayi AS (IST:ADEL), the current Gross Margin % is 33.63% 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 Adel Kalemcilik Ticaret Venayi AS (IST:ADEL) Overvalued in 2026?

Based on GuruFocus' analysis, Adel Kalemcilik Ticaret Venayi AS stock appears to be undervalued. The current stock price of ₺31.80 is trading 4.3% below its estimated GF Value™ of ₺33.24. GuruFocus considers Adel Kalemcilik Ticaret Venayi AS to be Fairly Valued.

Key valuation signals for IST:ADEL:

  • Gross Margin %: 33.63% (24% below median its 10-year median of 44.45)
  • GF Value™: ₺33.24 vs. price of ₺31.80 (4.3% below fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 25.5% above the Industrial Products median (#747 of 2997)

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


Adel Kalemcilik Ticaret Venayi AS Business Description

Address Sekerpinar Mah Yanyol Sok Number 7, Cayirova, TUR, 41480
Adel Kalemcilik Ticaret Ve Sanayi AS is a Turkey-based company involved in producing stationery items which include mechanical leads and graphites, liquid ink pens, wood-cased lead pencils, coloring and copying pencils, ballpoint pens, markers, crayons, watercolor paints, erasers, modeling clays, and gouache paints. Some of its brands include Adel, Adeland, Faber-Castle, and Max.
48GF Score

Get the complete analysis for IST:ADEL

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

₺31.80
Price
₺33.24
GF Value