Smartiks Yazilim ASIST:SMART -1.41%68 Gross Margin % is 74.19% as of Mar. 2026, which is 5% above its 10-year median of 70.46. GuruFocus rates IST:SMART with a GF Score™ of 68/100 and a GF Value™ of ₺19.48 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,683 Software companies, Smartiks Yazilim AS ranks better than 80.62% on this metric.
The historical rank and industry rank for Smartiks Yazilim AS's Gross Margin % or its related term are showing as below:
IST:SMART'
s Gross Margin % Range Over the Past 10 Years
Min: 56.77 Med: 70.46 Max: 81.93
Current: 70.89
During the past 10 years, the highestGross Margin % of Smartiks Yazilim AS was 81.93%. The lowest was 56.77%. And the median was 70.46%.
IST:SMART's Gross Margin % is ranked better than 80.62% of 2683
companies
in the Software industry
Industry Median: 40.45
vs IST:SMART: 70.89
Smartiks Yazilim AS had a gross margin of 74.19% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Smartiks Yazilim AS was 4.20% per year.
Smartiks Yazilim AS (IST:SMART) 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
Smartiks Yazilim AS had a gross margin of 74.19% for the quarter that ended in Mar. 2026 => 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.
Smartiks Yazilim AS Gross Margin % Related Terms
Smartiks Yazilim AS Gross Margin % Historical Data
* Premium members only.
The historical data trend for Smartiks 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.
IST:SMART vs MSFT, ORCL, PLTR: Gross Margin % Comparison
For the Software - Infrastructure subindustry, Smartiks 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.
Smartiks Yazilim AS Gross Margin % vs Software Industry
For the Software industry and Technology sector, Smartiks Yazilim AS's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Smartiks Yazilim 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.
Smartiks Yazilim AS (IST:SMART) has a Gross Margin % of 74.19% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Smartiks Yazilim AS and its competitors. This is near median its historical median of 70.46. Over the past decade, Smartiks Yazilim AS's Gross Margin % has ranged from 56.77 to 81.93. According to the industry distribution chart, Smartiks Yazilim AS ranks #520 out of 2683 companies in the Software industry, placing it in the top 19.4%.
Is Smartiks Yazilim AS's Gross Margin % too high?
Smartiks Yazilim AS's current Gross Margin % of 74.19% is near median its 10-year median of 70.46. Over the past 10 years, this metric has ranged from a low of 56.77 to a high of 81.93. The Software industry median Gross Margin % is 40.45. Smartiks Yazilim AS's value of 74.19% is 83.4% above this industry median. Based on the distribution chart, Smartiks Yazilim AS ranks #520 out of 2683 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Smartiks Yazilim AS has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smartiks Yazilim AS's Gross Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, Smartiks Yazilim AS ranks #520 out of 2683 companies for Gross Margin %. This places Smartiks Yazilim AS in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. Smartiks Yazilim AS's value of 74.19% is 83.4% above this benchmark. Historically, Smartiks Yazilim AS's own Gross Margin % has ranged from 56.77 to 81.93 over the past decade. While the company's 10-year median is 70.46 vs. the industry median of 40.45, Smartiks 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. Smartiks Yazilim AS's current Gross Margin % of 74.19% is 83.4% 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 Smartiks 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. Smartiks Yazilim AS's current Gross Margin % is 74.19%, which is near median its own 10-year median of 70.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartiks Yazilim AS stock overvalued right now?
Based on GuruFocus' analysis, Smartiks Yazilim AS (IST:SMART) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺19.48, compared to a current price of ₺32.22 — trading 65.4% above its estimated fair value. The current Gross Margin % is 74.19%, which is near median its 10-year median of 70.46 and 83.4% above the Software industry median of 40.45. Smartiks Yazilim AS's overall GF Score™ is 68/100 with 7 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 Smartiks Yazilim AS (IST:SMART), the current Gross Margin % is 74.19% 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 Smartiks Yazilim AS (IST:SMART) Overvalued in 2026?
Based on GuruFocus' analysis, Smartiks Yazilim AS stock appears to be overvalued.
The current stock price of ₺32.22 is trading 65.4% above its estimated GF Value™ of ₺19.48.
GuruFocus considers Smartiks Yazilim AS to be Significantly Overvalued.
Key valuation signals for IST:SMART:
Gross Margin %: 74.19% (near median its 10-year median of 70.46)
GF Value™: ₺19.48 vs. price of ₺32.22 (65.4% above fair value)
Industry Position: 83.4% above the Software median (#520 of 2683)
No single metric tells the full story. See the IST:SMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smartiks Yazilim AS is engaged in providing effective business solutions, software development and consultancy services. The services are offered to health, insurance, banking and finance, retail, telecom and various other sectors. The consultancy services are grouped under Enterprise Software Development/Consultancy and Technology Solutions Consultancy.
68GF Score
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