Koc Holding ASIST:KCHOL -1.26%82 Gross Margin % is 17.69% as of Mar. 2026, which is 3% above its 10-year median of 17.13. GuruFocus rates IST:KCHOL with a GF Score™ of 82/100 and a GF Value™ of ₺192.66 (Fairly Valued). The stock has 9 warning signs investors should review. Among 511 Conglomerates companies, Koc Holding AS ranks worse than 72.8% on this metric.
Koc Holding AS gross margin has been in long-term decline. The average rate of decline per year is -8.8%.
The historical rank and industry rank for Koc Holding AS's Gross Margin % or its related term are showing as below:
IST:KCHOL'
s Gross Margin % Range Over the Past 10 Years
Min: 14.06 Med: 17.13 Max: 24.12
Current: 17.17
During the past 13 years, the highestGross Margin % of Koc Holding AS was 24.12%. The lowest was 14.06%. And the median was 17.13%.
IST:KCHOL's Gross Margin % is ranked worse than 72.8% of 511
companies
in the Conglomerates industry
Industry Median: 25.96
vs IST:KCHOL: 17.17
Koc Holding AS had a gross margin of 17.69% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Koc Holding AS was -8.80% per year.
Koc Holding AS (IST:KCHOL) 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
Koc Holding AS had a gross margin of 17.69% 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.
Koc Holding AS Gross Margin % Related Terms
Koc Holding AS Gross Margin % Historical Data
* Premium members only.
The historical data trend for Koc Holding 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.
For the Conglomerates subindustry, Koc Holding 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.
Koc Holding AS Gross Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Koc Holding AS's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Koc Holding AS'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.
Koc Holding AS (IST:KCHOL) has a Gross Margin % of 17.69% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Koc Holding AS and its competitors. This is near median its historical median of 17.13. Over the past decade, Koc Holding AS's Gross Margin % has ranged from 14.06 to 24.12. According to the industry distribution chart, Koc Holding AS ranks #372 out of 511 companies in the Conglomerates industry, placing it in the top 72.8%.
Is Koc Holding AS's Gross Margin % too high?
Koc Holding AS's current Gross Margin % of 17.69% is near median its 10-year median of 17.13. Over the past 10 years, this metric has ranged from a low of 14.06 to a high of 24.12. The Conglomerates industry median Gross Margin % is 25.96. Koc Holding AS's value of 17.69% is 31.9% below this industry median. Based on the distribution chart, Koc Holding AS ranks #372 out of 511 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Koc Holding AS has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Koc Holding AS's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Koc Holding AS ranks #372 out of 511 companies for Gross Margin %. This places Koc Holding AS in the lower half of its industry. The industry median Gross Margin % is 25.96. Koc Holding AS's value of 17.69% is 31.9% below this benchmark. Historically, Koc Holding AS's own Gross Margin % has ranged from 14.06 to 24.12 over the past decade. While the company's 10-year median is 17.13 vs. the industry median of 25.96, Koc Holding 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.96, based on 511 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. Koc Holding AS's current Gross Margin % of 17.69% is 31.9% 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 Koc Holding AS and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koc Holding AS's current Gross Margin % is 17.69%, which is near median its own 10-year median of 17.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koc Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Koc Holding AS (IST:KCHOL) is currently considered Fairly Valued. The stock's GF Value™ is ₺192.66, compared to a current price of ₺195.70 — trading 1.6% above its estimated fair value. The current Gross Margin % is 17.69%, which is near median its 10-year median of 17.13 and 31.9% below the Conglomerates industry median of 25.96. Koc Holding AS's overall GF Score™ is 82/100 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 Koc Holding AS (IST:KCHOL), the current Gross Margin % is 17.69% 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 Koc Holding AS (IST:KCHOL) Overvalued in 2026?
Based on GuruFocus' analysis, Koc Holding AS stock appears to be overvalued.
The current stock price of ₺195.70 is trading 1.6% above its estimated GF Value™ of ₺192.66.
GuruFocus considers Koc Holding AS to be Fairly Valued.
Key valuation signals for IST:KCHOL:
Gross Margin %: 17.69% (near median its 10-year median of 17.13)
GF Value™: ₺192.66 vs. price of ₺195.70 (1.6% above fair value)
Industry Position: 31.9% below the Conglomerates median (#372 of 511)
No single metric tells the full story. See the IST:KCHOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koc Holding AS is a Turkish conglomerate. The group's businesses operate in the energy refining, fuel distribution, liquefied petroleum gas distribution, power generation, natural gas, automotive, automotive retailing, farm tractors, defense, white goods, consumer electronics, air conditioning, banking, leasing, REIT, factoring, brokerage, asset-management, consumer finance, food production, food production distribution, do-it-yourself retailing, tourism, marina operations, information technology, and ship and yacht construction industries. The company operates five core business segments: Energy, Automotive, Consumer durables, Finance, and Other. The majority segment by sales is energy, containing the fuel distribution, refining, and power generation businesses.
82GF Score
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