Kuzey Boru AS (IST:KBORU) Gross Margin %: 17.64% (As of Mar. 2026) — 24% Below Median


IST:KBORU Kuzey Boru AS IST:KBORU
52 GF Score
Price ₺26.54
! 14 Warning Signs
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What is Kuzey Boru AS Gross Margin %?

Kuzey Boru AS IST:KBORU -2.35% 52 Gross Margin % is 17.64% as of Mar. 2026, which is 24% below its 10-year median of 23.16. GuruFocus rates IST:KBORU with a GF Score™ of 52/100. The stock has 14 warning signs investors should review. Among 397 Building Materials companies, Kuzey Boru AS ranks worse than 63.48% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Kuzey Boru AS's Gross Profit for the three months ended in Mar. 2026 was ₺361 Mil. Kuzey Boru AS's Revenue for the three months ended in Mar. 2026 was ₺2,044 Mil. Therefore, Kuzey Boru AS's Gross Margin % for the quarter that ended in Mar. 2026 was 17.64%.

Warning Sign:

Kuzey Boru AS gross margin has been in long-term decline. The average rate of decline per year is -2.7%.


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

IST:KBORU' s Gross Margin % Range Over the Past 10 Years
Min: 20.03   Med: 23.16   Max: 31.13
Current: 20.69


During the past 6 years, the highest Gross Margin % of Kuzey Boru AS was 31.13%. The lowest was 20.03%. And the median was 23.16%.

IST:KBORU's Gross Margin % is ranked worse than
63.48% of 397 companies
in the Building Materials industry
Industry Median: 26.2 vs IST:KBORU: 20.69

Kuzey Boru AS had a gross margin of 17.64% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kuzey Boru AS was -2.70% per year.


Kuzey Boru AS  (IST:KBORU) 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

Kuzey Boru AS had a gross margin of 17.64% 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.


Kuzey Boru AS Gross Margin % Related Terms


Kuzey Boru AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Kuzey Boru 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.

Kuzey Boru AS Gross Margin % Chart

Kuzey Boru AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 21.63 22.95 31.13 20.03 23.36

Kuzey Boru AS Quarterly Data
Dec20 Dec21 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 27.00 20.17 35.89 14.17 17.64

IST:KBORU vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, Kuzey Boru 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.


Kuzey Boru AS Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kuzey Boru AS's Gross Margin % distribution charts can be found below:

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


IST:KBORU
52GF Score
Kuzey Boru AS IST:KBORU
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kuzey Boru AS Gross Margin % Calculation

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

Kuzey Boru 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 )
=1235.3 / 5287.314
=(Revenue - Cost of Goods Sold) / Revenue
=(5287.314 - 4052.057) / 5287.314
=23.36 %

Kuzey Boru 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 )
=360.7 / 2044.094
=(Revenue - Cost of Goods Sold) / Revenue
=(2044.094 - 1683.432) / 2044.094
=17.64 %

* 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 17.64% mean?
Kuzey Boru AS (IST:KBORU) has a Gross Margin % of 17.64% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kuzey Boru AS and its competitors. This is 24% below median its historical median of 23.16. Over the past decade, Kuzey Boru AS's Gross Margin % has ranged from 20.03 to 31.13. According to the industry distribution chart, Kuzey Boru AS ranks #252 out of 397 companies in the Building Materials industry, placing it in the top 63.5%.
Is Kuzey Boru AS's Gross Margin % too high?
Kuzey Boru AS's current Gross Margin % of 17.64% is 24% below median its 10-year median of 23.16. Over the past 10 years, this metric has ranged from a low of 20.03 to a high of 31.13. The Building Materials industry median Gross Margin % is 26.20. Kuzey Boru AS's value of 17.64% is 32.7% below this industry median. Based on the distribution chart, Kuzey Boru AS ranks #252 out of 397 companies in the Building Materials industry, which is below the industry midpoint. Overall, Kuzey Boru AS has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Kuzey Boru AS's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Kuzey Boru AS ranks #252 out of 397 companies for Gross Margin %. This places Kuzey Boru AS in the lower half of its industry. The industry median Gross Margin % is 26.20. Kuzey Boru AS's value of 17.64% is 32.7% below this benchmark. Historically, Kuzey Boru AS's own Gross Margin % has ranged from 20.03 to 31.13 over the past decade. While the company's 10-year median is 23.16 vs. the industry median of 26.20, Kuzey Boru 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 Building Materials company?
The median Gross Margin % among Building Materials companies is 26.20, based on 397 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. Kuzey Boru AS's current Gross Margin % of 17.64% is 32.7% 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 Kuzey Boru AS and its competitors. For the Building Materials industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kuzey Boru AS's current Gross Margin % is 17.64%, which is 24% below median its own 10-year median of 23.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuzey Boru AS stock overvalued right now?
Kuzey Boru AS (IST:KBORU) has a current Gross Margin % of 17.64%. The current Gross Margin % is 17.64%, which is 24% below median its 10-year median of 23.16 and 32.7% below the Building Materials industry median of 26.20. Kuzey Boru AS's overall GF Score™ is 52/100 with 14 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 Kuzey Boru AS (IST:KBORU), the current Gross Margin % is 17.64% 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.

Kuzey Boru AS Business Description

Address Kirimli OSB Mah. Find, Mehmetcik Blv No. 2, Mehmetcik, TUR
Kuzey Boru AS is a company whose main activity is the production of plastic pipes and adding parts, all kinds of steel, drawn pipe, concrete pipe, polyethylene pipe, polypropylene pipe, ductile pipe and its products. It carries out production, import-export and domestic trade.
52GF Score

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