Netas Telekomunikasyon AS (IST:NETAS) Gross Margin %: 6.56% (As of Dec. 2025) — 34% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:NETAS Netas Telekomunikasyon AS IST:NETAS
47 GF Score
Price ₺61.55
GF Value ₺101.81
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Netas Telekomunikasyon AS Gross Margin %?

Netas Telekomunikasyon AS IST:NETAS -1.83% 47 Gross Margin % is 6.56% as of Dec. 2025, which is 34% below its 10-year median of 9.94. GuruFocus rates IST:NETAS with a GF Score™ of 47/100 and a GF Value™ of ₺101.81 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,452 Hardware companies, Netas Telekomunikasyon AS ranks worse than 90.7% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Netas Telekomunikasyon AS's Gross Profit for the three months ended in Dec. 2025 was ₺241 Mil. Netas Telekomunikasyon AS's Revenue for the three months ended in Dec. 2025 was ₺3,672 Mil. Therefore, Netas Telekomunikasyon AS's Gross Margin % for the quarter that ended in Dec. 2025 was 6.56%.


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

IST:NETAS' s Gross Margin % Range Over the Past 10 Years
Min: -11.45   Med: 9.94   Max: 15.37
Current: 6.75


During the past 13 years, the highest Gross Margin % of Netas Telekomunikasyon AS was 15.37%. The lowest was -11.45%. And the median was 9.94%.

IST:NETAS's Gross Margin % is ranked worse than
90.7% of 2452 companies
in the Hardware industry
Industry Median: 24.51 vs IST:NETAS: 6.75

Netas Telekomunikasyon AS had a gross margin of 6.56% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Netas Telekomunikasyon AS was 0.00% per year.


Netas Telekomunikasyon AS  (IST:NETAS) 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

Netas Telekomunikasyon AS had a gross margin of 6.56% for the quarter that ended in Dec. 2025 => 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.


Netas Telekomunikasyon AS Gross Margin % Related Terms


Netas Telekomunikasyon AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Netas Telekomunikasyon 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.

Netas Telekomunikasyon AS Gross Margin % Chart

Netas Telekomunikasyon 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 -11.45 9.66 8.67 7.08 6.74

Netas Telekomunikasyon AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 6.10 8.52 6.13 6.40 6.56

IST:NETAS vs CSCO, MSI, HPE: Gross Margin % Comparison

For the Communication Equipment subindustry, Netas Telekomunikasyon 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.


Netas Telekomunikasyon AS Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Netas Telekomunikasyon AS's Gross Margin % distribution charts can be found below:

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


IST:NETAS
47GF Score
Netas Telekomunikasyon AS IST:NETAS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netas Telekomunikasyon AS Gross Margin % Calculation

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

Netas Telekomunikasyon 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 )
=811.4 / 12030.341
=(Revenue - Cost of Goods Sold) / Revenue
=(12030.341 - 11218.918) / 12030.341
=6.74 %

Netas Telekomunikasyon AS's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=240.9 / 3672.145
=(Revenue - Cost of Goods Sold) / Revenue
=(3672.145 - 3431.203) / 3672.145
=6.56 %

* 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 6.56% mean?
Netas Telekomunikasyon AS (IST:NETAS) has a Gross Margin % of 6.56% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Netas Telekomunikasyon AS and its competitors. This is 34% below median its historical median of 9.94. According to the industry distribution chart, Netas Telekomunikasyon AS ranks #2224 out of 2452 companies in the Hardware industry, placing it in the top 90.7%.
Is Netas Telekomunikasyon AS's Gross Margin % too high?
Netas Telekomunikasyon AS's current Gross Margin % of 6.56% is 34% below median its 10-year median of 9.94. The Hardware industry median Gross Margin % is 24.51. Netas Telekomunikasyon AS's value of 6.56% is 73.2% below this industry median. Based on the distribution chart, Netas Telekomunikasyon AS ranks #2224 out of 2452 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Netas Telekomunikasyon AS has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Netas Telekomunikasyon AS's Gross Margin % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Netas Telekomunikasyon AS ranks #2224 out of 2452 companies for Gross Margin %. This places Netas Telekomunikasyon AS in the lower half of its industry. The industry median Gross Margin % is 24.51. Netas Telekomunikasyon AS's value of 6.56% is 73.2% below this benchmark. While the company's 10-year median is 9.94 vs. the industry median of 24.51, Netas Telekomunikasyon 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.51, based on 2,452 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. Netas Telekomunikasyon AS's current Gross Margin % of 6.56% is 73.2% 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 Netas Telekomunikasyon AS and its competitors. For the Hardware industry, the median Gross Margin % is 24.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netas Telekomunikasyon AS's current Gross Margin % is 6.56%, which is 34% below median its own 10-year median of 9.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netas Telekomunikasyon AS stock overvalued right now?
Based on GuruFocus' analysis, Netas Telekomunikasyon AS (IST:NETAS) is currently considered Possible Value Trap. The stock's GF Value™ is ₺101.81, compared to a current price of ₺61.55 — trading 39.5% below its estimated fair value. The current Gross Margin % is 6.56%, which is 34% below median its 10-year median of 9.94 and 73.2% below the Hardware industry median of 24.51. Netas Telekomunikasyon AS's overall GF Score™ is 47/100 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 Netas Telekomunikasyon AS (IST:NETAS), the current Gross Margin % is 6.56% as of Dec. 2025. 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 Netas Telekomunikasyon AS (IST:NETAS) Overvalued in 2026?

Based on GuruFocus' analysis, Netas Telekomunikasyon AS stock appears to be undervalued. The current stock price of ₺61.55 is trading 39.5% below its estimated GF Value™ of ₺101.81. GuruFocus considers Netas Telekomunikasyon AS to be Possible Value Trap.

Key valuation signals for IST:NETAS:

  • Gross Margin %: 6.56% (34% below median its 10-year median of 9.94)
  • GF Value™: ₺101.81 vs. price of ₺61.55 (39.5% below fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 73.2% below the Hardware median (#2224 of 2452)

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


Netas Telekomunikasyon AS Business Description

Address Osmanli Bulvari, Aeropark Sitesi B Blok No:11B Kapi, Ic Kapi No:40, Yenisehir Mahallesi, Istanbul, TUR, 34912
Netas Telekomunikasyon AS is engaged in the manufacture and trade of telecommunication equipment, project installation services, technical support, repair and maintenance services, IT services, strategic outsourcing services, implementation activities, and associated services. The group continues to provide end-to-end solutions and technology services to service providers and institutions in local and international markets. Its solutions and services are Cyber Security Solutions, New Generation Data Center, Localized Solutions, Mobile Broadband Solutions, Managed Services, Cyber Security Operation Center, Netas Network Operation Center, Informatics Support Services, and Others. Its operating segments are: Telecom, System Integration, Technology, and BDH.
47GF Score

Get the complete analysis for IST:NETAS

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

₺61.55
Price
₺101.81
GF Value