BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) Gross Margin %: 17.43% (As of Mar. 2026) — Near Median


IST:BMSTL BMS Birlesik Metal Sanayi ve Ticaret Anonim Sirketi IST:BMSTL
65 GF Score
Price ₺43.12
GF Value ₺20.42
Valuation Significantly Overvalued
! 5 Warning Signs
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What is BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Gross Margin %?

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi IST:BMSTL +1.32% 65 Gross Margin % is 17.43% as of Mar. 2026, which is 0% below its 10-year median of 17.44. GuruFocus rates IST:BMSTL with a GF Score™ of 65/100 and a GF Value™ of ₺20.42 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 593 Steel companies, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi ranks better than 68.8% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Gross Profit for the three months ended in Mar. 2026 was ₺115 Mil. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Revenue for the three months ended in Mar. 2026 was ₺662 Mil. Therefore, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Gross Margin % for the quarter that ended in Mar. 2026 was 17.43%.

Warning Sign:

BMS Birlesik Metal Sanayi ve Ticaret Anonim Sirketi gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


The historical rank and industry rank for BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Gross Margin % or its related term are showing as below:

IST:BMSTL' s Gross Margin % Range Over the Past 10 Years
Min: 10.54   Med: 17.44   Max: 24.32
Current: 19.17


During the past 7 years, the highest Gross Margin % of BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi was 24.32%. The lowest was 10.54%. And the median was 17.44%.

IST:BMSTL's Gross Margin % is ranked better than
68.8% of 593 companies
in the Steel industry
Industry Median: 12.6 vs IST:BMSTL: 19.17

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi had a gross margin of 17.43% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi was -1.90% per year.


BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi  (IST:BMSTL) 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

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi had a gross margin of 17.43% 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.


BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Gross Margin % Related Terms


BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Gross Margin % Historical Data

* Premium members only.

The historical data trend for BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi'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.

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Gross Margin % Chart

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 24.32 21.67 17.51 16.59 17.44

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi 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 10.01 22.22 18.35 18.93 17.43

IST:BMSTL vs NUE, STLD, RS: Gross Margin % Comparison

For the Steel subindustry, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi'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.


BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Gross Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Gross Margin % distribution charts can be found below:

* The bar in red indicates where BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Gross Margin % falls into.


IST:BMSTL
65GF Score
BMS Birlesik Metal Sanayi ve Ticaret Anonim Sirketi IST:BMSTL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Gross Margin % Calculation

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

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi'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 )
=433.6 / 2486.445
=(Revenue - Cost of Goods Sold) / Revenue
=(2486.445 - 2052.843) / 2486.445
=17.44 %

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi'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 )
=115.3 / 661.716
=(Revenue - Cost of Goods Sold) / Revenue
=(661.716 - 546.382) / 661.716
=17.43 %

* 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 17.43% mean?
BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) has a Gross Margin % of 17.43% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi and its competitors. This is near median its historical median of 17.44. Over the past decade, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Gross Margin % has ranged from 10.54 to 24.32. According to the industry distribution chart, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi ranks #185 out of 593 companies in the Steel industry, placing it in the top 31.2%.
Is BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Gross Margin % too high?
BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's current Gross Margin % of 17.43% is near median its 10-year median of 17.44. Over the past 10 years, this metric has ranged from a low of 10.54 to a high of 24.32. The Steel industry median Gross Margin % is 12.60. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's value of 17.43% is 38.3% above this industry median. Based on the distribution chart, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi ranks #185 out of 593 companies in the Steel industry, which is above the industry midpoint. Overall, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi ranks #185 out of 593 companies for Gross Margin %. This puts BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi in the upper half of its industry. The industry median Gross Margin % is 12.60. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's value of 17.43% is 38.3% above this benchmark. Historically, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's own Gross Margin % has ranged from 10.54 to 24.32 over the past decade. While the company's 10-year median is 17.44 vs. the industry median of 12.60, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi 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 Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 593 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. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's current Gross Margin % of 17.43% is 38.3% 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 BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's current Gross Margin % is 17.43%, which is near median its own 10-year median of 17.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi stock overvalued right now?
Based on GuruFocus' analysis, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺20.42, compared to a current price of ₺43.12 — trading 111.2% above its estimated fair value. The current Gross Margin % is 17.43%, which is near median its 10-year median of 17.44 and 38.3% above the Steel industry median of 12.60. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's overall GF Score™ is 65/100 with 5 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 BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL), the current Gross Margin % is 17.43% 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 BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) Overvalued in 2026?

Based on GuruFocus' analysis, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi stock appears to be overvalued. The current stock price of ₺43.12 is trading 111.2% above its estimated GF Value™ of ₺20.42. GuruFocus considers BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi to be Significantly Overvalued.

Key valuation signals for IST:BMSTL:

  • Gross Margin %: 17.43% (near median its 10-year median of 17.44)
  • GF Value™: ₺20.42 vs. price of ₺43.12 (111.2% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 38.3% above the Steel median (#185 of 593)

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


BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Business Description

Address Merdivenkoy Mah. Bora Sok., No. 1 Floor 2/6, Kadikoy, Istanbul, TUR
BMS Birlesik Metal Sanayi ve Ticaret Anonim Sirketi is engaged in galvanized steel wire manufacturing. Its products include armouring wire, hot-dip wire, flat wire among others.
65GF Score

Get the complete analysis for IST:BMSTL

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

₺43.12
Price
₺20.42
GF Value