Ulker Biskuvinayi ASIST:ULKER -2.65%87 Gross Margin % is 27.88% as of Mar. 2026, which is 1% below its 10-year median of 28.11. GuruFocus rates IST:ULKER with a GF Score™ of 87/100 and a GF Value™ of ₺126.61 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,899 Consumer Packaged Goods companies, Ulker Biskuvinayi AS ranks better than 52.4% on this metric.
The historical rank and industry rank for Ulker Biskuvinayi AS's Gross Margin % or its related term are showing as below:
IST:ULKER'
s Gross Margin % Range Over the Past 10 Years
Min: 21.79 Med: 28.11 Max: 30.23
Current: 27.39
During the past 13 years, the highestGross Margin % of Ulker Biskuvinayi AS was 30.23%. The lowest was 21.79%. And the median was 28.11%.
IST:ULKER's Gross Margin % is ranked better than 52.4% of 1899
companies
in the Consumer Packaged Goods industry
Industry Median: 26.37
vs IST:ULKER: 27.39
Ulker Biskuvinayi AS had a gross margin of 27.88% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Ulker Biskuvinayi AS was 0.50% per year.
Ulker Biskuvinayi AS (IST:ULKER) 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
Ulker Biskuvinayi AS had a gross margin of 27.88% 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.
Ulker Biskuvinayi AS Gross Margin % Related Terms
Ulker Biskuvinayi AS Gross Margin % Historical Data
* Premium members only.
The historical data trend for Ulker Biskuvinayi 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:ULKER vs MDLZ, HSY, TR: Gross Margin % Comparison
For the Confectioners subindustry, Ulker Biskuvinayi 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.
Ulker Biskuvinayi AS Gross Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ulker Biskuvinayi AS's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ulker Biskuvinayi 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.
Ulker Biskuvinayi AS (IST:ULKER) has a Gross Margin % of 27.88% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ulker Biskuvinayi AS and its competitors. This is near median its historical median of 28.11. Over the past decade, Ulker Biskuvinayi AS's Gross Margin % has ranged from 21.79 to 30.23. According to the industry distribution chart, Ulker Biskuvinayi AS ranks #904 out of 1899 companies in the Consumer Packaged Goods industry, placing it in the top 47.6%.
Is Ulker Biskuvinayi AS's Gross Margin % too high?
Ulker Biskuvinayi AS's current Gross Margin % of 27.88% is near median its 10-year median of 28.11. Over the past 10 years, this metric has ranged from a low of 21.79 to a high of 30.23. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Ulker Biskuvinayi AS's value of 27.88% is 5.7% above this industry median. Based on the distribution chart, Ulker Biskuvinayi AS ranks #904 out of 1899 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Ulker Biskuvinayi AS has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ulker Biskuvinayi AS's Gross Margin % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Ulker Biskuvinayi AS ranks #904 out of 1899 companies for Gross Margin %. This puts Ulker Biskuvinayi AS in the upper half of its industry. The industry median Gross Margin % is 26.37. Ulker Biskuvinayi AS's value of 27.88% is 5.7% above this benchmark. Historically, Ulker Biskuvinayi AS's own Gross Margin % has ranged from 21.79 to 30.23 over the past decade. While the company's 10-year median is 28.11 vs. the industry median of 26.37, Ulker Biskuvinayi 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,899 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. Ulker Biskuvinayi AS's current Gross Margin % of 27.88% is 5.7% 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 Ulker Biskuvinayi AS and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ulker Biskuvinayi AS's current Gross Margin % is 27.88%, which is near median its own 10-year median of 28.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ulker Biskuvinayi AS stock overvalued right now?
Based on GuruFocus' analysis, Ulker Biskuvinayi AS (IST:ULKER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺126.61, compared to a current price of ₺99.30 — trading 21.6% below its estimated fair value. The current Gross Margin % is 27.88%, which is near median its 10-year median of 28.11 and 5.7% above the Consumer Packaged Goods industry median of 26.37. Ulker Biskuvinayi AS's overall GF Score™ is 87/100 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 Ulker Biskuvinayi AS (IST:ULKER), the current Gross Margin % is 27.88% 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 Ulker Biskuvinayi AS (IST:ULKER) Overvalued in 2026?
Based on GuruFocus' analysis, Ulker Biskuvinayi AS stock appears to be undervalued.
The current stock price of ₺99.30 is trading 21.6% below its estimated GF Value™ of ₺126.61.
GuruFocus considers Ulker Biskuvinayi AS to be Modestly Undervalued.
Key valuation signals for IST:ULKER:
Gross Margin %: 27.88% (near median its 10-year median of 28.11)
GF Value™: ₺126.61 vs. price of ₺99.30 (21.6% below fair value)
Industry Position: 5.7% above the Consumer Packaged Goods median (#904 of 1899)
No single metric tells the full story. See the IST:ULKER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ulker Biskuvi Sanayi AS is engaged in manufacturing marketing, and sale of biscuits, chocolate-coated biscuits, wafers, cakes, and chocolate. The brands of the company include Ulker, Alpella, Albeni, Dido, Laviva, Cocostar, Godiva, Piko, Buklet, and others. Substantially all of the remaining revenue is from cake sales. The company earns majority of its revenue from domestic market.
87GF Score
Get the complete analysis for IST:ULKER
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:ULKER has been successfully added to your 
