Sanica Isinayi AS (IST:SNICA) Gross Margin %: 33.65% (As of Mar. 2026) — Near Median


IST:SNICA Sanica Isi Sanayi AS IST:SNICA
82 GF Score
Price ₺4.50
GF Value ₺5.62
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Sanica Isinayi AS Gross Margin %?

Sanica Isinayi AS IST:SNICA -9.82% 82 Gross Margin % is 33.65% as of Mar. 2026, which is 5% above its 10-year median of 32.10. GuruFocus rates IST:SNICA with a GF Score™ of 82/100 and a GF Value™ of ₺5.62 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, Sanica Isinayi AS ranks worse than 80.72% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Sanica Isinayi AS's Gross Profit for the three months ended in Mar. 2026 was ₺210 Mil. Sanica Isinayi AS's Revenue for the three months ended in Mar. 2026 was ₺625 Mil. Therefore, Sanica Isinayi AS's Gross Margin % for the quarter that ended in Mar. 2026 was 33.65%.

Warning Sign:

Sanica Isi Sanayi AS gross margin has been in long-term decline. The average rate of decline per year is -14.5%.


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

IST:SNICA' s Gross Margin % Range Over the Past 10 Years
Min: 13.09   Med: 32.1   Max: 33.58
Current: 17.12


During the past 7 years, the highest Gross Margin % of Sanica Isinayi AS was 33.58%. The lowest was 13.09%. And the median was 32.10%.

IST:SNICA's Gross Margin % is ranked worse than
80.72% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.11 vs IST:SNICA: 17.12

Sanica Isinayi AS had a gross margin of 33.65% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sanica Isinayi AS was -14.50% per year.


Sanica Isinayi AS  (IST:SNICA) 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

Sanica Isinayi AS had a gross margin of 33.65% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Sanica Isinayi AS Gross Margin % Related Terms


Sanica Isinayi AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sanica Isinayi 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.

Sanica Isinayi AS Gross Margin % Chart

Sanica Isinayi AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 32.69 29.42 33.58 23.50 13.09

Sanica Isinayi AS Quarterly Data
Dec19 Dec20 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 12.76 11.07 14.09 14.04 33.65

IST:SNICA vs SN, SGI, MHK: Gross Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Sanica Isinayi 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.


Sanica Isinayi AS Gross Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sanica Isinayi AS's Gross Margin % distribution charts can be found below:

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


IST:SNICA
82GF Score
Sanica Isi Sanayi AS IST:SNICA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanica Isinayi AS Gross Margin % Calculation

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

Sanica Isinayi 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 )
=438.1 / 3345.989
=(Revenue - Cost of Goods Sold) / Revenue
=(3345.989 - 2907.878) / 3345.989
=13.09 %

Sanica Isinayi 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 )
=210.2 / 624.721
=(Revenue - Cost of Goods Sold) / Revenue
=(624.721 - 414.499) / 624.721
=33.65 %

* 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 33.65% mean?
Sanica Isinayi AS (IST:SNICA) has a Gross Margin % of 33.65% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Sanica Isinayi AS and its competitors. This is near median its historical median of 32.10. Over the past decade, Sanica Isinayi AS's Gross Margin % has ranged from 13.09 to 33.58. According to the industry distribution chart, Sanica Isinayi AS ranks #335 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 80.7%.
Is Sanica Isinayi AS's Gross Margin % too high?
Sanica Isinayi AS's current Gross Margin % of 33.65% is near median its 10-year median of 32.10. Over the past 10 years, this metric has ranged from a low of 13.09 to a high of 33.58. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.11. Sanica Isinayi AS's value of 33.65% is 15.6% above this industry median. Based on the distribution chart, Sanica Isinayi AS ranks #335 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Sanica Isinayi AS has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sanica Isinayi AS's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Sanica Isinayi AS ranks #335 out of 415 companies for Gross Margin %. This places Sanica Isinayi AS in the lower half of its industry. The industry median Gross Margin % is 29.11. Sanica Isinayi AS's value of 33.65% is 15.6% above this benchmark. Historically, Sanica Isinayi AS's own Gross Margin % has ranged from 13.09 to 33.58 over the past decade. While the company's 10-year median is 32.10 vs. the industry median of 29.11, Sanica Isinayi 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.11, based on 415 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. Sanica Isinayi AS's current Gross Margin % of 33.65% is 15.6% 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 Sanica Isinayi AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanica Isinayi AS's current Gross Margin % is 33.65%, which is near median its own 10-year median of 32.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanica Isinayi AS stock overvalued right now?
Based on GuruFocus' analysis, Sanica Isinayi AS (IST:SNICA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺5.62, compared to a current price of ₺4.50 — trading 19.9% below its estimated fair value. The current Gross Margin % is 33.65%, which is near median its 10-year median of 32.10 and 15.6% above the Furnishings, Fixtures & Appliances industry median of 29.11. Sanica Isinayi AS's overall GF Score™ is 82/100 with 9 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 Sanica Isinayi AS (IST:SNICA), the current Gross Margin % is 33.65% 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 Sanica Isinayi AS (IST:SNICA) Overvalued in 2026?

Based on GuruFocus' analysis, Sanica Isinayi AS stock appears to be undervalued. The current stock price of ₺4.50 is trading 19.9% below its estimated GF Value™ of ₺5.62. GuruFocus considers Sanica Isinayi AS to be Modestly Undervalued.

Key valuation signals for IST:SNICA:

  • Gross Margin %: 33.65% (near median its 10-year median of 32.10)
  • GF Value™: ₺5.62 vs. price of ₺4.50 (19.9% below fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 15.6% above the Furnishings, Fixtures & Appliances median (#335 of 415)

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


Sanica Isinayi AS Business Description

Address Kavakli Mah Istanbul Cad. No: 10, Istanbul, TUR, 34520
Sanica Isi Sanayi AS engages in manufacturing fabricated metal products, machinery electrical equipment, and transportation vehicles. It is a manufacturer of acrylic bathtubs and also produces bathrooms, spas, heat, plumbing, glass, and infrastructure. It offers electric housewares, acrylic bathtubs, boilers, panel radiators, and towel warmers.
82GF Score

Get the complete analysis for IST:SNICA

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

₺4.50
Price
₺5.62
GF Value