CAN2 Termik AS (IST:CANTE) Gross Margin %: -3.19% (As of Mar. 2026)


IST:CANTE CAN2 Termik AS IST:CANTE
45 GF Score
Price ₺1.31
GF Value ₺0.76
Valuation Significantly Overvalued
! 5 Warning Signs
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What is CAN2 Termik AS Gross Margin %?

CAN2 Termik AS IST:CANTE -1.50% 45 Gross Margin % is -3.19% as of Mar. 2026. GuruFocus rates IST:CANTE with a GF Score™ of 45/100 and a GF Value™ of ₺0.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, CAN2 Termik AS ranks worse than 92.31% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. CAN2 Termik AS's Gross Profit for the three months ended in Mar. 2026 was ₺-59 Mil. CAN2 Termik AS's Revenue for the three months ended in Mar. 2026 was ₺1,861 Mil. Therefore, CAN2 Termik AS's Gross Margin % for the quarter that ended in Mar. 2026 was -3.19%.

Warning Sign:

CAN2 Termik AS gross margin has been in long-term decline. The average rate of decline per year is -24.5%.


The historical rank and industry rank for CAN2 Termik AS's Gross Margin % or its related term are showing as below:

IST:CANTE' s Gross Margin % Range Over the Past 10 Years
Min: 3.94   Med: 19.55   Max: 34.27
Current: 3.94


During the past 9 years, the highest Gross Margin % of CAN2 Termik AS was 34.27%. The lowest was 3.94%. And the median was 19.55%.

IST:CANTE's Gross Margin % is ranked worse than
92.31% of 403 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.35 vs IST:CANTE: 3.94

CAN2 Termik AS had a gross margin of -3.19% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CAN2 Termik AS was -24.50% per year.


CAN2 Termik AS  (IST:CANTE) 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

CAN2 Termik AS had a gross margin of -3.19% 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.


CAN2 Termik AS Gross Margin % Related Terms


CAN2 Termik AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for CAN2 Termik 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.

CAN2 Termik AS Gross Margin % Chart

CAN2 Termik AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 27.46 34.27 16.64 16.52 6.27

CAN2 Termik 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 4.55 7.36 8.65 3.64 -3.19

IST:CANTE vs CEG, VST, NRG: Gross Margin % Comparison

For the Utilities - Independent Power Producers subindustry, CAN2 Termik 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.


CAN2 Termik AS Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CAN2 Termik AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CAN2 Termik AS's Gross Margin % falls into.


IST:CANTE
45GF Score
CAN2 Termik AS IST:CANTE
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CAN2 Termik AS Gross Margin % Calculation

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

CAN2 Termik 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 )
=386.3 / 6160.092
=(Revenue - Cost of Goods Sold) / Revenue
=(6160.092 - 5773.771) / 6160.092
=6.27 %

CAN2 Termik 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 )
=-59.4 / 1861.038
=(Revenue - Cost of Goods Sold) / Revenue
=(1861.038 - 1920.432) / 1861.038
=-3.19 %

* 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 -3.19% mean?
CAN2 Termik AS (IST:CANTE) has a Gross Margin % of -3.19% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CAN2 Termik AS and its competitors. Over the past decade, CAN2 Termik AS's Gross Margin % has ranged from 3.94 to 34.27. According to the industry distribution chart, CAN2 Termik AS ranks #372 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 92.3%.
Is CAN2 Termik AS's Gross Margin % too high?
CAN2 Termik AS's current Gross Margin % is -3.19%. Over the past 10 years, this metric has ranged from a low of 3.94 to a high of 34.27. Based on the distribution chart, CAN2 Termik AS ranks #372 out of 403 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, CAN2 Termik AS has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CAN2 Termik AS's Gross Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, CAN2 Termik AS ranks #372 out of 403 companies for Gross Margin %. This places CAN2 Termik AS in the lower half of its industry. The industry median Gross Margin % is 31.35. Historically, CAN2 Termik AS's own Gross Margin % has ranged from 3.94 to 34.27 over the past decade. 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 Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 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. 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 CAN2 Termik AS and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAN2 Termik AS's current Gross Margin % is -3.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAN2 Termik AS stock overvalued right now?
Based on GuruFocus' analysis, CAN2 Termik AS (IST:CANTE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺0.76, compared to a current price of ₺1.31 — trading 72.4% above its estimated fair value. The current Gross Margin % is -3.19%. CAN2 Termik AS's overall GF Score™ is 45/100 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 CAN2 Termik AS (IST:CANTE), the current Gross Margin % is -3.19% 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 CAN2 Termik AS (IST:CANTE) Overvalued in 2026?

Based on GuruFocus' analysis, CAN2 Termik AS stock appears to be overvalued. The current stock price of ₺1.31 is trading 72.4% above its estimated GF Value™ of ₺0.76. GuruFocus considers CAN2 Termik AS to be Significantly Overvalued.

Key valuation signals for IST:CANTE:

  • Gross Margin %: -3.19%
  • GF Value™: ₺0.76 vs. price of ₺1.31 (72.4% above fair value)
  • GF Score™: 45/100 with 5 warning signs

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


CAN2 Termik AS Business Description

Address Barbaros Mahallesi, Karanfil Sokak, Varyap Meridian Sitesi No:l lD, Villa 4 Bati Atajehir, Istanbul, TUR
CAN2 Termik AS is a company operating in the fields of electrical energy generation, procurement and mining. The Company is engaged in the establishment, commissioning, and leasing of domestic coal-based electrical energy production facilities, production of electrical energy, and the sale of the generated electrical energy and/or capacity to customers.
45GF Score

Get the complete analysis for IST:CANTE

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

₺1.31
Price
₺0.76
GF Value