T Tuborg Bira Ve Maltnayii ASIST:TBORG -1.82%90 Gross Margin % is 50.53% as of Mar. 2026, which is 4% below its 10-year median of 52.71. GuruFocus rates IST:TBORG with a GF Score™ of 90/100 and a GF Value™ of ₺202.92 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 205 Beverages - Alcoholic companies, T Tuborg Bira Ve Maltnayii AS ranks better than 72.68% on this metric.
IST:TBORG's Gross Margin % is ranked better than 72.68% of 205
companies
in the Beverages - Alcoholic industry
Industry Median: 42.2
vs IST:TBORG: 53.19
T Tuborg Bira Ve Maltnayii AS had a gross margin of 50.53% for the quarter that ended in Mar. 2026 => Durable competitive advantage
T Tuborg Bira Ve Maltnayii AS (IST:TBORG) 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
T Tuborg Bira Ve Maltnayii AS had a gross margin of 50.53% 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.
T Tuborg Bira Ve Maltnayii AS Gross Margin % Related Terms
T Tuborg Bira Ve Maltnayii AS Gross Margin % Historical Data
* 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.
T Tuborg Bira Ve Maltnayii AS Gross Margin % Chart
IST:TBORG vs BUD, STZ, TAP: Gross Margin % Comparison
For the Beverages - Brewers subindustry, T Tuborg Bira Ve Maltnayii 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.
T Tuborg Bira Ve Maltnayii AS Gross Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, T Tuborg Bira Ve Maltnayii AS's Gross Margin % distribution charts can be found below:
* The bar in red indicates where T Tuborg Bira Ve Maltnayii 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.
T Tuborg Bira Ve Maltnayii AS (IST:TBORG) has a Gross Margin % of 50.53% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on T Tuborg Bira Ve Maltnayii AS and its competitors. This is near median its historical median of 52.71. Over the past decade, T Tuborg Bira Ve Maltnayii AS's Gross Margin % has ranged from 38.10 to 56.88. According to the industry distribution chart, T Tuborg Bira Ve Maltnayii AS ranks #56 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 27.3%.
Is T Tuborg Bira Ve Maltnayii AS's Gross Margin % too high?
T Tuborg Bira Ve Maltnayii AS's current Gross Margin % of 50.53% is near median its 10-year median of 52.71. Over the past 10 years, this metric has ranged from a low of 38.10 to a high of 56.88. The Beverages - Alcoholic industry median Gross Margin % is 42.20. T Tuborg Bira Ve Maltnayii AS's value of 50.53% is 19.7% above this industry median. Based on the distribution chart, T Tuborg Bira Ve Maltnayii AS ranks #56 out of 205 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, T Tuborg Bira Ve Maltnayii AS has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T Tuborg Bira Ve Maltnayii AS's Gross Margin % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, T Tuborg Bira Ve Maltnayii AS ranks #56 out of 205 companies for Gross Margin %. This puts T Tuborg Bira Ve Maltnayii AS in the upper half of its industry. The industry median Gross Margin % is 42.20. T Tuborg Bira Ve Maltnayii AS's value of 50.53% is 19.7% above this benchmark. Historically, T Tuborg Bira Ve Maltnayii AS's own Gross Margin % has ranged from 38.10 to 56.88 over the past decade. While the company's 10-year median is 52.71 vs. the industry median of 42.20, T Tuborg Bira Ve Maltnayii 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 Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.20, based on 205 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. T Tuborg Bira Ve Maltnayii AS's current Gross Margin % of 50.53% is 19.7% 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 T Tuborg Bira Ve Maltnayii AS and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T Tuborg Bira Ve Maltnayii AS's current Gross Margin % is 50.53%, which is near median its own 10-year median of 52.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T Tuborg Bira Ve Maltnayii AS stock overvalued right now?
Based on GuruFocus' analysis, T Tuborg Bira Ve Maltnayii AS (IST:TBORG) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺202.92, compared to a current price of ₺135.20 — trading 33.4% below its estimated fair value. The current Gross Margin % is 50.53%, which is near median its 10-year median of 52.71 and 19.7% above the Beverages - Alcoholic industry median of 42.20. T Tuborg Bira Ve Maltnayii AS's overall GF Score™ is 90/100 with 5 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 T Tuborg Bira Ve Maltnayii AS (IST:TBORG), the current Gross Margin % is 50.53% 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 T Tuborg Bira Ve Maltnayii AS (IST:TBORG) Overvalued in 2026?
Based on GuruFocus' analysis, T Tuborg Bira Ve Maltnayii AS stock appears to be undervalued.
The current stock price of ₺135.20 is trading 33.4% below its estimated GF Value™ of ₺202.92.
GuruFocus considers T Tuborg Bira Ve Maltnayii AS to be Significantly Undervalued.
Key valuation signals for IST:TBORG:
Gross Margin %: 50.53% (near median its 10-year median of 52.71)
GF Value™: ₺202.92 vs. price of ₺135.20 (33.4% below fair value)
Industry Position: 19.7% above the Beverages - Alcoholic median (#56 of 205)
No single metric tells the full story. See the IST:TBORG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
T Tuborg Bira Ve Maltnayii AS Business Description
T Tuborg Bira Ve Malt Sanayii AS produces, sells, and distributes beer and malt to domestic and international markets. Its products are sold under the brand names Tuborg, Carlsberg, Frederik, Troy, and others.
90GF Score
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