Netcad Yazilim AS (IST:NETCD) Gross Margin %: 91.17% (As of Dec. 2024) — Near Median


IST:NETCD Netcad Yazilim AS IST:NETCD
30 GF Score
Price ₺145.40
! 2 Warning Signs
View Full Analysis

What is Netcad Yazilim AS Gross Margin %?

Netcad Yazilim AS IST:NETCD -5.58% 30 Gross Margin % is 91.17% as of Dec. 2024, which is 2% above its 10-year median of 89.63. GuruFocus rates IST:NETCD with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 2,683 Software companies, Netcad Yazilim AS ranks better than 95.97% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Netcad Yazilim AS's Gross Profit for the six months ended in Dec. 2024 was ₺1,026 Mil. Netcad Yazilim AS's Revenue for the six months ended in Dec. 2024 was ₺1,126 Mil. Therefore, Netcad Yazilim AS's Gross Margin % for the quarter that ended in Dec. 2024 was 91.17%.


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

IST:NETCD' s Gross Margin % Range Over the Past 10 Years
Min: 84.84   Med: 89.63   Max: 91.17
Current: 91.17


During the past 3 years, the highest Gross Margin % of Netcad Yazilim AS was 91.17%. The lowest was 84.84%. And the median was 89.63%.

IST:NETCD's Gross Margin % is ranked better than
95.97% of 2683 companies
in the Software industry
Industry Median: 40.45 vs IST:NETCD: 91.17

Netcad Yazilim AS had a gross margin of 91.17% for the quarter that ended in Dec. 2024 => Durable competitive advantage

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


Netcad Yazilim AS  (IST:NETCD) 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

Netcad Yazilim AS had a gross margin of 91.17% for the quarter that ended in Dec. 2024 => 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.


Netcad Yazilim AS Gross Margin % Related Terms


Netcad Yazilim AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Netcad Yazilim 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.

Netcad Yazilim AS Gross Margin % Chart

Netcad Yazilim AS Annual Data
Trend Dec22 Dec23 Dec24
Gross Margin %
84.84 89.63 91.17

Netcad Yazilim AS Semi-Annual Data
Dec22 Dec23 Dec24
Gross Margin % 84.84 89.63 91.17

IST:NETCD vs CRM, SHOP, UBER: Gross Margin % Comparison

For the Software - Application subindustry, Netcad Yazilim 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.


Netcad Yazilim AS Gross Margin % vs Software Industry

For the Software industry and Technology sector, Netcad Yazilim AS's Gross Margin % distribution charts can be found below:

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


IST:NETCD
30GF Score
Netcad Yazilim AS IST:NETCD
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netcad Yazilim AS Gross Margin % Calculation

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

Netcad Yazilim AS's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=1026.2 / 1125.559
=(Revenue - Cost of Goods Sold) / Revenue
=(1125.559 - 99.4) / 1125.559
=91.17 %

Netcad Yazilim AS's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=1026.2 / 1125.559
=(Revenue - Cost of Goods Sold) / Revenue
=(1125.559 - 99.4) / 1125.559
=91.17 %

* 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 91.17% mean?
Netcad Yazilim AS (IST:NETCD) has a Gross Margin % of 91.17% as of Dec. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Netcad Yazilim AS and its competitors. This is near median its historical median of 89.63. Over the past decade, Netcad Yazilim AS's Gross Margin % has ranged from 84.84 to 91.17. According to the industry distribution chart, Netcad Yazilim AS ranks #108 out of 2683 companies in the Software industry, placing it in the top 4%.
Is Netcad Yazilim AS's Gross Margin % too high?
Netcad Yazilim AS's current Gross Margin % of 91.17% is near median its 10-year median of 89.63. Over the past 10 years, this metric has ranged from a low of 84.84 to a high of 91.17. The Software industry median Gross Margin % is 40.45. Netcad Yazilim AS's value of 91.17% is 125.4% above this industry median. Based on the distribution chart, Netcad Yazilim AS ranks #108 out of 2683 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Netcad Yazilim AS has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Netcad Yazilim AS's Gross Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Netcad Yazilim AS ranks #108 out of 2683 companies for Gross Margin %. This places Netcad Yazilim AS in the top 4% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. Netcad Yazilim AS's value of 91.17% is 125.4% above this benchmark. Historically, Netcad Yazilim AS's own Gross Margin % has ranged from 84.84 to 91.17 over the past decade. While the company's 10-year median is 89.63 vs. the industry median of 40.45, Netcad Yazilim AS has consistently been above 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 Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,683 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. Netcad Yazilim AS's current Gross Margin % of 91.17% is 125.4% above 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 Netcad Yazilim AS and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcad Yazilim AS's current Gross Margin % is 91.17%, which is near median its own 10-year median of 89.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcad Yazilim AS stock overvalued right now?
Netcad Yazilim AS (IST:NETCD) has a current Gross Margin % of 91.17%. The current Gross Margin % is 91.17%, which is near median its 10-year median of 89.63 and 125.4% above the Software industry median of 40.45. Netcad Yazilim AS's overall GF Score™ is 30/100 with 2 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 Netcad Yazilim AS (IST:NETCD), the current Gross Margin % is 91.17% as of Dec. 2024. 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.

Netcad Yazilim AS Business Description

Address Bilkent Cyber Plaza, Block B, No. 409 Cyberpark, Cankaya, Ankara, TUR, 06800
Netcad Yazilim AS a developer of software in this field in Turkey focused on Geographic Information Systems (GIS), CAD, engineering and smart-city solutions. Its solutions involve Smart Cities, Smart Planning, Digital Mapping, Land Management, Smart Mining, Smart Grid Management, and Smart Transportation.
30GF Score

Get the complete analysis for IST:NETCD

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

₺145.40
Price