Erciyas Celik BorunayiIST:ERCB +2.01%24 Gross Margin % is 20.53% as of Mar. 2026, which is 15% above its 10-year median of 17.87. GuruFocus rates IST:ERCB with a GF Score™ of 24/100 and a GF Value™ of ₺91.64 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 594 Steel companies, Erciyas Celik Borunayi ranks better than 73.4% on this metric.
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
Erciyas Celik Borunayi had a gross margin of 20.53% 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.
Erciyas Celik Borunayi Gross Margin % Related Terms
Erciyas Celik Borunayi Gross Margin % Historical Data
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The historical data trend for Erciyas Celik Borunayi'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.
IST:ERCB vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Erciyas Celik Borunayi'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.
Erciyas Celik Borunayi Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Erciyas Celik Borunayi's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Erciyas Celik Borunayi's Gross Margin % falls into.
* 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.
Erciyas Celik Borunayi (IST:ERCB) has a Gross Margin % of 20.53% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Erciyas Celik Borunayi and its competitors. This is 15% above median its historical median of 17.87. Over the past decade, Erciyas Celik Borunayi's Gross Margin % has ranged from 17.14 to 22.83. According to the industry distribution chart, Erciyas Celik Borunayi ranks #158 out of 594 companies in the Steel industry, placing it in the top 26.6%.
Is Erciyas Celik Borunayi's Gross Margin % too high?
Erciyas Celik Borunayi's current Gross Margin % of 20.53% is 15% above median its 10-year median of 17.87. Over the past 10 years, this metric has ranged from a low of 17.14 to a high of 22.83. The Steel industry median Gross Margin % is 12.61. Erciyas Celik Borunayi's value of 20.53% is 62.8% above this industry median. Based on the distribution chart, Erciyas Celik Borunayi ranks #158 out of 594 companies in the Steel industry, which is above the industry midpoint. Overall, Erciyas Celik Borunayi has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Erciyas Celik Borunayi's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Erciyas Celik Borunayi ranks #158 out of 594 companies for Gross Margin %. This puts Erciyas Celik Borunayi in the upper half of its industry. The industry median Gross Margin % is 12.61. Erciyas Celik Borunayi's value of 20.53% is 62.8% above this benchmark. Historically, Erciyas Celik Borunayi's own Gross Margin % has ranged from 17.14 to 22.83 over the past decade. While the company's 10-year median is 17.87 vs. the industry median of 12.61, Erciyas Celik Borunayi 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 12.61, based on 594 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. Erciyas Celik Borunayi's current Gross Margin % of 20.53% is 62.8% 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 Erciyas Celik Borunayi and its competitors. For the Steel industry, the median Gross Margin % is 12.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erciyas Celik Borunayi's current Gross Margin % is 20.53%, which is 15% above median its own 10-year median of 17.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erciyas Celik Borunayi stock overvalued right now?
Based on GuruFocus' analysis, Erciyas Celik Borunayi (IST:ERCB) is currently considered Possible Value Trap. The stock's GF Value™ is ₺91.64, compared to a current price of ₺49.76 — trading 45.7% below its estimated fair value. The current Gross Margin % is 20.53%, which is 15% above median its 10-year median of 17.87 and 62.8% above the Steel industry median of 12.61. Erciyas Celik Borunayi's overall GF Score™ is 24/100 with 9 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 Erciyas Celik Borunayi (IST:ERCB), the current Gross Margin % is 20.53% 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 Erciyas Celik Borunayi (IST:ERCB) Overvalued in 2026?
Based on GuruFocus' analysis, Erciyas Celik Borunayi stock appears to be undervalued.
The current stock price of ₺49.76 is trading 45.7% below its estimated GF Value™ of ₺91.64.
GuruFocus considers Erciyas Celik Borunayi to be Possible Value Trap.
Key valuation signals for IST:ERCB:
Gross Margin %: 20.53% (15% above median its 10-year median of 17.87)
GF Value™: ₺91.64 vs. price of ₺49.76 (45.7% below fair value)
Industry Position: 62.8% above the Steel median (#158 of 594)
No single metric tells the full story. See the IST:ERCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.
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