JAMGF (Tuktu Resources) Gross Margin %: 62.86% (As of Mar. 2026) — 42% Above Median


What is Tuktu Resources Gross Margin %?

Tuktu Resources JAMGF Gross Margin % is 62.86% as of Mar. 2026, which is 42% above its 10-year median of 44.12. The stock has 2 warning signs investors should review. Among 867 Oil & Gas companies, Tuktu Resources ranks better than 79.24% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tuktu Resources's Gross Profit for the three months ended in Mar. 2026 was $0.66 Mil. Tuktu Resources's Revenue for the three months ended in Mar. 2026 was $1.05 Mil. Therefore, Tuktu Resources's Gross Margin % for the quarter that ended in Mar. 2026 was 62.86%.


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

JAMGF' s Gross Margin % Range Over the Past 10 Years
Min: 36.81   Med: 44.12   Max: 49.74
Current: 49.74


During the past 13 years, the highest Gross Margin % of Tuktu Resources was 49.74%. The lowest was 36.81%. And the median was 44.12%.

JAMGF's Gross Margin % is ranked better than
79.24% of 867 companies
in the Oil & Gas industry
Industry Median: 25.7 vs JAMGF: 49.74

Tuktu Resources had a gross margin of 62.86% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tuktu Resources was 0.00% per year.


Tuktu Resources  (OTCPK:JAMGF) 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

Tuktu Resources had a gross margin of 62.86% 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.


Tuktu Resources Gross Margin % Related Terms


Tuktu Resources Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tuktu Resources'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.

Tuktu Resources Gross Margin % Chart

Tuktu Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 44.10 36.80 46.28

Tuktu Resources Quarterly Data
Jun21 Sep21 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 45.94 45.68 44.90 49.27 62.86

JAMGF vs COP, EOG, OXY: Gross Margin % Comparison

For the Oil & Gas E&P subindustry, Tuktu Resources'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.


Tuktu Resources Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tuktu Resources's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tuktu Resources's Gross Margin % falls into.



Tuktu Resources Gross Margin % Calculation

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

Tuktu Resources'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 )
=3 / 6.537
=(Revenue - Cost of Goods Sold) / Revenue
=(6.537 - 3.512) / 6.537
=46.28 %

Tuktu Resources'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 )
=0.7 / 1.05
=(Revenue - Cost of Goods Sold) / Revenue
=(1.05 - 0.39) / 1.05
=62.86 %

* 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 62.86% mean?
Tuktu Resources (JAMGF) has a Gross Margin % of 62.86% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tuktu Resources and its competitors. This is 42% above median its historical median of 44.12. Over the past decade, Tuktu Resources' Gross Margin % has ranged from 36.81 to 49.74. According to the industry distribution chart, Tuktu Resources ranks #180 out of 867 companies in the Oil & Gas industry, placing it in the top 20.8%.
Is Tuktu Resources' Gross Margin % too high?
Tuktu Resources' current Gross Margin % of 62.86% is 42% above median its 10-year median of 44.12. Over the past 10 years, this metric has ranged from a low of 36.81 to a high of 49.74. The Oil & Gas industry median Gross Margin % is 25.70. Tuktu Resources' value of 62.86% is 144.6% above this industry median. Based on the distribution chart, Tuktu Resources ranks #180 out of 867 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Tuktu Resources' Gross Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Tuktu Resources ranks #180 out of 867 companies for Gross Margin %. This places Tuktu Resources in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 25.70. Tuktu Resources' value of 62.86% is 144.6% above this benchmark. Historically, Tuktu Resources' own Gross Margin % has ranged from 36.81 to 49.74 over the past decade. While the company's 10-year median is 44.12 vs. the industry median of 25.70, Tuktu Resources 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 an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 867 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. Tuktu Resources's current Gross Margin % of 62.86% is 144.6% 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 Tuktu Resources and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tuktu Resources's current Gross Margin % is 62.86%, which is 42% above median its own 10-year median of 44.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tuktu Resources stock overvalued right now?
Based on GuruFocus' analysis, Tuktu Resources (JAMGF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.06, compared to a current price of $0.01 — trading 85% below its estimated fair value. The current Gross Margin % is 62.86%, which is 42% above median its 10-year median of 44.12 and 144.6% above the Oil & Gas industry median of 25.70. 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 Tuktu Resources (JAMGF), the current Gross Margin % is 62.86% 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.

Tuktu Resources Business Description

Industry EnergyOil & Gas
Other Exchanges TUK:Canada
Address 960, 630 - 6th Avenue SW, Calgary, AB, CAN, T2P 0S8
Tuktu Resources Ltd is engaged in the business of oil and natural gas exploration, development, and production. It has gathered a block of developed and undeveloped land harboring at least three light oil targets, an extensive fractured sweet gas reservoir, and a fractured light oil reservoir at the edge of the foothills belt in Southwestern Alberta Deep Basin & Foothills region for its oil and natural gas exploration operations.