Pegasus Hava Tasimaciligi AS (IST:PGSUS) Gross Margin %: -9.55% (As of Mar. 2026)

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IST:PGSUS Pegasus Hava Tasimaciligi AS IST:PGSUS
61 GF Score
Price ₺166.50
GF Value ₺366.88
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Pegasus Hava Tasimaciligi AS Gross Margin %?

Pegasus Hava Tasimaciligi AS IST:PGSUS -0.72% 61 Gross Margin % is -9.55% as of Mar. 2026. GuruFocus rates IST:PGSUS with a GF Score™ of 61/100 and a GF Value™ of ₺366.88 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 982 Transportation companies, Pegasus Hava Tasimaciligi AS ranks worse than 64.15% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Pegasus Hava Tasimaciligi AS's Gross Profit for the three months ended in Mar. 2026 was ₺-3,129 Mil. Pegasus Hava Tasimaciligi AS's Revenue for the three months ended in Mar. 2026 was ₺32,761 Mil. Therefore, Pegasus Hava Tasimaciligi AS's Gross Margin % for the quarter that ended in Mar. 2026 was -9.55%.


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

IST:PGSUS' s Gross Margin % Range Over the Past 10 Years
Min: -26.2   Med: 15.71   Max: 27.09
Current: 14.8


During the past 13 years, the highest Gross Margin % of Pegasus Hava Tasimaciligi AS was 27.09%. The lowest was -26.20%. And the median was 15.71%.

IST:PGSUS's Gross Margin % is ranked worse than
64.15% of 982 companies
in the Transportation industry
Industry Median: 20.4 vs IST:PGSUS: 14.80

Pegasus Hava Tasimaciligi AS had a gross margin of -9.55% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pegasus Hava Tasimaciligi AS was 0.00% per year.


Pegasus Hava Tasimaciligi AS  (IST:PGSUS) 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

Pegasus Hava Tasimaciligi AS had a gross margin of -9.55% 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.


Pegasus Hava Tasimaciligi AS Gross Margin % Related Terms


Pegasus Hava Tasimaciligi AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Pegasus Hava Tasimaciligi 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.

Pegasus Hava Tasimaciligi AS Gross Margin % Chart

Pegasus Hava Tasimaciligi 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 1.10 27.09 23.85 22.30 17.00

Pegasus Hava Tasimaciligi 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 -3.59 21.17 29.63 5.82 -9.55

IST:PGSUS vs DAL, UAL, LUV: Gross Margin % Comparison

For the Airlines subindustry, Pegasus Hava Tasimaciligi 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.


Pegasus Hava Tasimaciligi AS Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Pegasus Hava Tasimaciligi AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pegasus Hava Tasimaciligi AS's Gross Margin % falls into.


IST:PGSUS
61GF Score
Pegasus Hava Tasimaciligi AS IST:PGSUS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pegasus Hava Tasimaciligi AS Gross Margin % Calculation

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

Pegasus Hava Tasimaciligi 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 )
=26195.7 / 154127.554
=(Revenue - Cost of Goods Sold) / Revenue
=(154127.554 - 127931.805) / 154127.554
=17.00 %

Pegasus Hava Tasimaciligi 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 )
=-3128.8 / 32760.718
=(Revenue - Cost of Goods Sold) / Revenue
=(32760.718 - 35889.546) / 32760.718
=-9.55 %

* 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 -9.55% mean?
Pegasus Hava Tasimaciligi AS (IST:PGSUS) has a Gross Margin % of -9.55% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Pegasus Hava Tasimaciligi AS and its competitors. According to the industry distribution chart, Pegasus Hava Tasimaciligi AS ranks #630 out of 982 companies in the Transportation industry, placing it in the top 64.2%.
Is Pegasus Hava Tasimaciligi AS's Gross Margin % too high?
Pegasus Hava Tasimaciligi AS's current Gross Margin % is -9.55%. Based on the distribution chart, Pegasus Hava Tasimaciligi AS ranks #630 out of 982 companies in the Transportation industry, which is below the industry midpoint. Overall, Pegasus Hava Tasimaciligi AS has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pegasus Hava Tasimaciligi AS's Gross Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Pegasus Hava Tasimaciligi AS ranks #630 out of 982 companies for Gross Margin %. This places Pegasus Hava Tasimaciligi AS in the lower half of its industry. The industry median Gross Margin % is 20.40. 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.40, based on 982 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. 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 Pegasus Hava Tasimaciligi AS and its competitors. For the Transportation industry, the median Gross Margin % is 20.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pegasus Hava Tasimaciligi AS's current Gross Margin % is -9.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pegasus Hava Tasimaciligi AS stock overvalued right now?
Based on GuruFocus' analysis, Pegasus Hava Tasimaciligi AS (IST:PGSUS) is currently considered Possible Value Trap. The stock's GF Value™ is ₺366.88, compared to a current price of ₺166.50 — trading 54.6% below its estimated fair value. The current Gross Margin % is -9.55%. Pegasus Hava Tasimaciligi AS's overall GF Score™ is 61/100 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 Pegasus Hava Tasimaciligi AS (IST:PGSUS), the current Gross Margin % is -9.55% 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 Pegasus Hava Tasimaciligi AS (IST:PGSUS) Overvalued in 2026?

Based on GuruFocus' analysis, Pegasus Hava Tasimaciligi AS stock appears to be undervalued. The current stock price of ₺166.50 is trading 54.6% below its estimated GF Value™ of ₺366.88. GuruFocus considers Pegasus Hava Tasimaciligi AS to be Possible Value Trap.

Key valuation signals for IST:PGSUS:

  • Gross Margin %: -9.55%
  • GF Value™: ₺366.88 vs. price of ₺166.50 (54.6% below fair value)
  • GF Score™: 61/100 with 8 warning signs

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


Pegasus Hava Tasimaciligi AS Business Description

Address Aeropark, Yenisehir Mahallesi, Osmanli Bulvari, No: 11/A, Kurtkoy-Pendik, Istanbul, TUR, 34912
Pegasus Hava Tasimaciligi AS is an airline company engaged in providing passenger air transportation services. The company offers low-fare airline-related services, including scheduled flights, charter services, and ancillary services. It operates domestic and international routes mainly across short- and medium-haul networks and generates additional revenue from services such as seat selection, baggage, and onboard products. The company operates as a single reportable segment, with resource allocation and performance evaluation based on its overall route network and aircraft fleet deployment.
61GF Score

Get the complete analysis for IST:PGSUS

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

₺166.50
Price
₺366.88
GF Value