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
Bulls Girisim Sermayesi Yatirim Ortakligi AS had a gross margin of 41.11% for the quarter that ended in Mar. 2026 => Durable 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.
Bulls Girisim Sermayesi Yatirim Ortakligi AS Gross Margin % Related Terms
Bulls Girisim Sermayesi Yatirim Ortakligi AS Gross Margin % Historical Data
* 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.
Bulls Girisim Sermayesi Yatirim Ortakligi AS Gross Margin % Chart
Bulls Girisim Sermayesi Yatirim Ortakligi AS Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Gross Margin %
13.50
9.36
43.12
69.59
30.39
Bulls Girisim Sermayesi Yatirim Ortakligi AS Quarterly Data
IST:BULGS vs MS, GS, SCHW: Gross Margin % Comparison
For the Capital Markets subindustry, Bulls Girisim Sermayesi Yatirim Ortakligi 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.
Bulls Girisim Sermayesi Yatirim Ortakligi AS Gross Margin % vs Capital Markets Industry
* 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.
Bulls Girisim Sermayesi Yatirim Ortakligi AS (IST:BULGS) has a Gross Margin % of 41.11% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bulls Girisim Sermayesi Yatirim Ortakligi AS and its competitors. This is 35% above median its historical median of 30.39. Over the past decade, Bulls Girisim Sermayesi Yatirim Ortakligi AS's Gross Margin % has ranged from 9.36 to 69.59. According to the industry distribution chart, Bulls Girisim Sermayesi Yatirim Ortakligi AS ranks #391 out of 620 companies in the Capital Markets industry, placing it in the top 63.1%.
Is Bulls Girisim Sermayesi Yatirim Ortakligi AS's Gross Margin % too high?
Bulls Girisim Sermayesi Yatirim Ortakligi AS's current Gross Margin % of 41.11% is 35% above median its 10-year median of 30.39. Over the past 10 years, this metric has ranged from a low of 9.36 to a high of 69.59. The Capital Markets industry median Gross Margin % is 49.63. Bulls Girisim Sermayesi Yatirim Ortakligi AS's value of 41.11% is 17.2% below this industry median. Based on the distribution chart, Bulls Girisim Sermayesi Yatirim Ortakligi AS ranks #391 out of 620 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Bulls Girisim Sermayesi Yatirim Ortakligi AS has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Bulls Girisim Sermayesi Yatirim Ortakligi AS's Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Bulls Girisim Sermayesi Yatirim Ortakligi AS ranks #391 out of 620 companies for Gross Margin %. This places Bulls Girisim Sermayesi Yatirim Ortakligi AS in the lower half of its industry. The industry median Gross Margin % is 49.63. Bulls Girisim Sermayesi Yatirim Ortakligi AS's value of 41.11% is 17.2% below this benchmark. Historically, Bulls Girisim Sermayesi Yatirim Ortakligi AS's own Gross Margin % has ranged from 9.36 to 69.59 over the past decade. While the company's 10-year median is 30.39 vs. the industry median of 49.63, Bulls Girisim Sermayesi Yatirim Ortakligi AS 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.63, based on 620 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. Bulls Girisim Sermayesi Yatirim Ortakligi AS's current Gross Margin % of 41.11% is 17.2% 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 Bulls Girisim Sermayesi Yatirim Ortakligi AS and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bulls Girisim Sermayesi Yatirim Ortakligi AS's current Gross Margin % is 41.11%, which is 35% above median its own 10-year median of 30.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulls Girisim Sermayesi Yatirim Ortakligi AS stock overvalued right now?
Bulls Girisim Sermayesi Yatirim Ortakligi AS (IST:BULGS) has a current Gross Margin % of 41.11%. The current Gross Margin % is 41.11%, which is 35% above median its 10-year median of 30.39 and 17.2% below the Capital Markets industry median of 49.63. Bulls Girisim Sermayesi Yatirim Ortakligi AS's overall GF Score™ is 24/100 with 3 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 Bulls Girisim Sermayesi Yatirim Ortakligi AS (IST:BULGS), the current Gross Margin % is 41.11% 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.
Bulls Girisim Sermayesi Yatirim Ortakligi AS Business Description
Bulls Girisim Sermayesi Yatirim Ortakligi AS provides financial, managerial, and structuring support to growth-stage and medium-sized companies, and ensures that the initiative values will contribute to the Turkish economy with professional capital. The company closely follows opportunities to invest in different sectors with high growth potential, with its corporate knowledge and experience.
24GF Score
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