Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP) Gross Margin %: 40.25% (As of Mar. 2026) — 78% Above Median


IST:FLAP Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS IST:FLAP
58 GF Score
Price ₺11.89
GF Value ₺9.80
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Gross Margin %?

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS IST:FLAP -4.11% 58 Gross Margin % is 40.25% as of Mar. 2026, which is 78% above its 10-year median of 22.55. GuruFocus rates IST:FLAP with a GF Score™ of 58/100 and a GF Value™ of ₺9.80 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 793 Travel & Leisure companies, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS ranks worse than 76.54% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Gross Profit for the three months ended in Mar. 2026 was ₺21.6 Mil. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Revenue for the three months ended in Mar. 2026 was ₺53.7 Mil. Therefore, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Gross Margin % for the quarter that ended in Mar. 2026 was 40.25%.

Warning Sign:

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS gross margin has been in long-term decline. The average rate of decline per year is -6%.


The historical rank and industry rank for Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Gross Margin % or its related term are showing as below:

IST:FLAP' s Gross Margin % Range Over the Past 10 Years
Min: 13.67   Med: 22.55   Max: 27.5
Current: 26.4


During the past 13 years, the highest Gross Margin % of Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS was 27.50%. The lowest was 13.67%. And the median was 22.55%.

IST:FLAP's Gross Margin % is ranked worse than
76.54% of 793 companies
in the Travel & Leisure industry
Industry Median: 44.02 vs IST:FLAP: 26.40

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS had a gross margin of 40.25% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS was -6.00% per year.


Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS  (IST:FLAP) 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

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS had a gross margin of 40.25% 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.


Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Gross Margin % Related Terms


Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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.

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Gross Margin % Chart

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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 26.41 13.67 18.92 15.06 23.44

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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 19.48 23.92 -5.82 27.11 40.25

IST:FLAP vs BKNG, ABNB, RCL: Gross Margin % Comparison

For the Travel Services subindustry, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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.


Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Gross Margin % falls into.


IST:FLAP
58GF Score
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS IST:FLAP
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Gross Margin % Calculation

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

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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 )
=84 / 358.178
=(Revenue - Cost of Goods Sold) / Revenue
=(358.178 - 274.226) / 358.178
=23.44 %

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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 )
=21.6 / 53.747
=(Revenue - Cost of Goods Sold) / Revenue
=(53.747 - 32.112) / 53.747
=40.25 %

* 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 40.25% mean?
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP) has a Gross Margin % of 40.25% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS and its competitors. This is 78% above median its historical median of 22.55. Over the past decade, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Gross Margin % has ranged from 13.67 to 27.50. According to the industry distribution chart, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS ranks #607 out of 793 companies in the Travel & Leisure industry, placing it in the top 76.5%.
Is Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Gross Margin % too high?
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's current Gross Margin % of 40.25% is 78% above median its 10-year median of 22.55. Over the past 10 years, this metric has ranged from a low of 13.67 to a high of 27.50. The Travel & Leisure industry median Gross Margin % is 44.02. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's value of 40.25% is 8.6% below this industry median. Based on the distribution chart, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS ranks #607 out of 793 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's Gross Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS ranks #607 out of 793 companies for Gross Margin %. This places Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS in the lower half of its industry. The industry median Gross Margin % is 44.02. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's value of 40.25% is 8.6% below this benchmark. Historically, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's own Gross Margin % has ranged from 13.67 to 27.50 over the past decade. While the company's 10-year median is 22.55 vs. the industry median of 44.02, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 44.02, based on 793 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. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's current Gross Margin % of 40.25% is 8.6% 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 Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 44.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's current Gross Margin % is 40.25%, which is 78% above median its own 10-year median of 22.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS stock overvalued right now?
Based on GuruFocus' analysis, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺9.80, compared to a current price of ₺11.89 — trading 21.3% above its estimated fair value. The current Gross Margin % is 40.25%, which is 78% above median its 10-year median of 22.55 and 8.6% below the Travel & Leisure industry median of 44.02. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's overall GF Score™ is 58/100 with 4 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 Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP), the current Gross Margin % is 40.25% 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 Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (IST:FLAP) Overvalued in 2026?

Based on GuruFocus' analysis, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS stock appears to be overvalued. The current stock price of ₺11.89 is trading 21.3% above its estimated GF Value™ of ₺9.80. GuruFocus considers Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS to be Modestly Overvalued.

Key valuation signals for IST:FLAP:

  • Gross Margin %: 40.25% (78% above median its 10-year median of 22.55)
  • GF Value™: ₺9.80 vs. price of ₺11.89 (21.3% above fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 8.6% below the Travel & Leisure median (#607 of 793)

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


Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Business Description

Address Podgoritsa Caddesi Number 1 Birlik, Cankaya, Ankara, TUR
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS is a Turkey-based company engaged in travel and tourism business. It is involved in planning and organizing events considering the developments and trends in all fields of the tourism industry.
58GF Score

Get the complete analysis for IST:FLAP

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

₺11.89
Price
₺9.80
GF Value