Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD) Gross Margin %: 8.59% (As of Mar. 2026) — 13% Below Median


IST:KRDMD Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS IST:KRDMD
81 GF Score
Price ₺39.14
GF Value ₺27.23
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Kardemir Karabuk Demir Celiknayi ve Ticaret AS Gross Margin %?

Kardemir Karabuk Demir Celiknayi ve Ticaret AS IST:KRDMD +1.03% 81 Gross Margin % is 8.59% as of Mar. 2026, which is 13% below its 10-year median of 9.83. GuruFocus rates IST:KRDMD with a GF Score™ of 81/100 and a GF Value™ of ₺27.23 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 592 Steel companies, Kardemir Karabuk Demir Celiknayi ve Ticaret AS ranks worse than 65.71% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Gross Profit for the three months ended in Mar. 2026 was ₺1,329 Mil. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Revenue for the three months ended in Mar. 2026 was ₺15,475 Mil. Therefore, Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Gross Margin % for the quarter that ended in Mar. 2026 was 8.59%.

Warning Sign:

Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS gross margin has been in long-term decline. The average rate of decline per year is -23.4%.


The historical rank and industry rank for Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Gross Margin % or its related term are showing as below:

IST:KRDMD' s Gross Margin % Range Over the Past 10 Years
Min: 4.24   Med: 9.83   Max: 32.39
Current: 8.72


During the past 13 years, the highest Gross Margin % of Kardemir Karabuk Demir Celiknayi ve Ticaret AS was 32.39%. The lowest was 4.24%. And the median was 9.83%.

IST:KRDMD's Gross Margin % is ranked worse than
65.71% of 592 companies
in the Steel industry
Industry Median: 12.55 vs IST:KRDMD: 8.72

Kardemir Karabuk Demir Celiknayi ve Ticaret AS had a gross margin of 8.59% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kardemir Karabuk Demir Celiknayi ve Ticaret AS was -23.40% per year.


Kardemir Karabuk Demir Celiknayi ve Ticaret AS  (IST:KRDMD) 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

Kardemir Karabuk Demir Celiknayi ve Ticaret AS had a gross margin of 8.59% 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.


Kardemir Karabuk Demir Celiknayi ve Ticaret AS Gross Margin % Related Terms


Kardemir Karabuk Demir Celiknayi ve Ticaret AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Kardemir Karabuk Demir Celiknayi ve Ticaret 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.

Kardemir Karabuk Demir Celiknayi ve Ticaret AS Gross Margin % Chart

Kardemir Karabuk Demir Celiknayi ve Ticaret 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 32.39 7.71 4.24 5.40 7.77

Kardemir Karabuk Demir Celiknayi ve Ticaret 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 4.97 5.46 9.13 11.05 8.59

IST:KRDMD vs NUE, STLD, RS: Gross Margin % Comparison

For the Steel subindustry, Kardemir Karabuk Demir Celiknayi ve Ticaret 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.


Kardemir Karabuk Demir Celiknayi ve Ticaret AS Gross Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Gross Margin % falls into.


IST:KRDMD
81GF Score
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS IST:KRDMD
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kardemir Karabuk Demir Celiknayi ve Ticaret AS Gross Margin % Calculation

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

Kardemir Karabuk Demir Celiknayi ve Ticaret 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 )
=5185.7 / 66718.974
=(Revenue - Cost of Goods Sold) / Revenue
=(66718.974 - 61533.267) / 66718.974
=7.77 %

Kardemir Karabuk Demir Celiknayi ve Ticaret 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 )
=1329.2 / 15475.338
=(Revenue - Cost of Goods Sold) / Revenue
=(15475.338 - 14146.136) / 15475.338
=8.59 %

* 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 8.59% mean?
Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD) has a Gross Margin % of 8.59% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kardemir Karabuk Demir Celiknayi ve Ticaret AS and its competitors. This is 13% below median its historical median of 9.83. Over the past decade, Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Gross Margin % has ranged from 4.24 to 32.39. According to the industry distribution chart, Kardemir Karabuk Demir Celiknayi ve Ticaret AS ranks #389 out of 592 companies in the Steel industry, placing it in the top 65.7%.
Is Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Gross Margin % too high?
Kardemir Karabuk Demir Celiknayi ve Ticaret AS's current Gross Margin % of 8.59% is 13% below median its 10-year median of 9.83. Over the past 10 years, this metric has ranged from a low of 4.24 to a high of 32.39. The Steel industry median Gross Margin % is 12.55. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's value of 8.59% is 31.6% below this industry median. Based on the distribution chart, Kardemir Karabuk Demir Celiknayi ve Ticaret AS ranks #389 out of 592 companies in the Steel industry, which is below the industry midpoint. Overall, Kardemir Karabuk Demir Celiknayi ve Ticaret AS has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Kardemir Karabuk Demir Celiknayi ve Ticaret AS ranks #389 out of 592 companies for Gross Margin %. This places Kardemir Karabuk Demir Celiknayi ve Ticaret AS in the lower half of its industry. The industry median Gross Margin % is 12.55. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's value of 8.59% is 31.6% below this benchmark. Historically, Kardemir Karabuk Demir Celiknayi ve Ticaret AS's own Gross Margin % has ranged from 4.24 to 32.39 over the past decade. While the company's 10-year median is 9.83 vs. the industry median of 12.55, Kardemir Karabuk Demir Celiknayi ve Ticaret 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 Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 592 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. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's current Gross Margin % of 8.59% is 31.6% 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 Kardemir Karabuk Demir Celiknayi ve Ticaret AS and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's current Gross Margin % is 8.59%, which is 13% below median its own 10-year median of 9.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kardemir Karabuk Demir Celiknayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺27.23, compared to a current price of ₺39.14 — trading 43.7% above its estimated fair value. The current Gross Margin % is 8.59%, which is 13% below median its 10-year median of 9.83 and 31.6% below the Steel industry median of 12.55. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's overall GF Score™ is 81/100 with 8 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 Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD), the current Gross Margin % is 8.59% 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 Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD) Overvalued in 2026?

Based on GuruFocus' analysis, Kardemir Karabuk Demir Celiknayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺39.14 is trading 43.7% above its estimated GF Value™ of ₺27.23. GuruFocus considers Kardemir Karabuk Demir Celiknayi ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:KRDMD:

  • Gross Margin %: 8.59% (13% below median its 10-year median of 9.83)
  • GF Value™: ₺27.23 vs. price of ₺39.14 (43.7% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 31.6% below the Steel median (#389 of 592)

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


Kardemir Karabuk Demir Celiknayi ve Ticaret AS Business Description

Other Exchanges KRDMB:TurkeyKRDMA:Turkey
Address Kardemir Karabuk Demir Sanayi, Karabuk, TUR, 78170
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS is a Turkey-based company that is primarily engaged in manufacturing and selling of raw iron and steel products, coke, and coke byproducts. Its steel products include pig, blooms, billets, ribbed construction steel, profiles, mine poles, and all types of rails. Billet products and round products account for the majority of the company's steel product volume. The company's products are used in the construction, mining, transport, and industry sectors. Most of the company's revenue is generated from the Turkish domestic market.
81GF Score

Get the complete analysis for IST:KRDMD

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

₺39.14
Price
₺27.23
GF Value