Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) 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
Tupras-Turkiye Petrol Rafineleri AS had a gross margin of 8.35% 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.
Tupras-Turkiye Petrol Rafineleri AS Gross Margin % Related Terms
Tupras-Turkiye Petrol Rafineleri 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.
Tupras-Turkiye Petrol Rafineleri AS Gross Margin % Chart
IST:TUPRS vs VLO, MPC, PSX: Gross Margin % Comparison
For the Oil & Gas Refining & Marketing subindustry, Tupras-Turkiye Petrol Rafineleri 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.
Tupras-Turkiye Petrol Rafineleri AS Gross Margin % vs Oil & Gas Industry
* 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.
Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) has a Gross Margin % of 8.35% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tupras-Turkiye Petrol Rafineleri AS and its competitors. This is 20% below median its historical median of 10.41. Over the past decade, Tupras-Turkiye Petrol Rafineleri AS's Gross Margin % has ranged from 2.79 to 15.98. According to the industry distribution chart, Tupras-Turkiye Petrol Rafineleri AS ranks #694 out of 872 companies in the Oil & Gas industry, placing it in the top 79.6%.
Is Tupras-Turkiye Petrol Rafineleri AS's Gross Margin % too high?
Tupras-Turkiye Petrol Rafineleri AS's current Gross Margin % of 8.35% is 20% below median its 10-year median of 10.41. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 15.98. The Oil & Gas industry median Gross Margin % is 25.62. Tupras-Turkiye Petrol Rafineleri AS's value of 8.35% is 67.4% below this industry median. Based on the distribution chart, Tupras-Turkiye Petrol Rafineleri AS ranks #694 out of 872 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Tupras-Turkiye Petrol Rafineleri AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tupras-Turkiye Petrol Rafineleri AS's Gross Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Tupras-Turkiye Petrol Rafineleri AS ranks #694 out of 872 companies for Gross Margin %. This places Tupras-Turkiye Petrol Rafineleri AS in the lower half of its industry. The industry median Gross Margin % is 25.62. Tupras-Turkiye Petrol Rafineleri AS's value of 8.35% is 67.4% below this benchmark. Historically, Tupras-Turkiye Petrol Rafineleri AS's own Gross Margin % has ranged from 2.79 to 15.98 over the past decade. While the company's 10-year median is 10.41 vs. the industry median of 25.62, Tupras-Turkiye Petrol Rafineleri AS has consistently been below 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 an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.62, based on 872 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. Tupras-Turkiye Petrol Rafineleri AS's current Gross Margin % of 8.35% is 67.4% below 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 Tupras-Turkiye Petrol Rafineleri AS and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tupras-Turkiye Petrol Rafineleri AS's current Gross Margin % is 8.35%, which is 20% below median its own 10-year median of 10.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tupras-Turkiye Petrol Rafineleri AS stock overvalued right now?
Based on GuruFocus' analysis, Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺147.82, compared to a current price of ₺219.30 — trading 48.4% above its estimated fair value. The current Gross Margin % is 8.35%, which is 20% below median its 10-year median of 10.41 and 67.4% below the Oil & Gas industry median of 25.62. Tupras-Turkiye Petrol Rafineleri AS's overall GF Score™ is 80/100 with 4 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 Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS), the current Gross Margin % is 8.35% 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 Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) Overvalued in 2026?
Based on GuruFocus' analysis, Tupras-Turkiye Petrol Rafineleri AS stock appears to be overvalued.
The current stock price of ₺219.30 is trading 48.4% above its estimated GF Value™ of ₺147.82.
GuruFocus considers Tupras-Turkiye Petrol Rafineleri AS to be Significantly Overvalued.
Key valuation signals for IST:TUPRS:
Gross Margin %: 8.35% (20% below median its 10-year median of 10.41)
GF Value™: ₺147.82 vs. price of ₺219.30 (48.4% above fair value)
Industry Position: 67.4% below the Oil & Gas median (#694 of 872)
No single metric tells the full story. See the IST:TUPRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tupras-Turkiye Petrol Rafineleri AS Business Description
Tupras-Turkiye Petrol Rafineleri AS provides and refines crude oil through Turkish and international refineries. It also operates petrochemical factories and facilities. The company's complete line of products includes liquefied petroleum gas(LPG), fuel oil, waxes and extracts, bitumen, and other products. In addition to refining and producing products, the firm engages in the purchase, sell, import, export, store, marketing, and distribution of a variety of petroleum products. Distribution is completed through a network of foreign and domestic wholesalers and retailers. The majority of sales from refineries are domestic.
80GF Score
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