TranspacoJSE:TPC 83 Gross Margin % is 27.94% as of Dec. 2025, which is 7% below its 10-year median of 30.16. GuruFocus rates JSE:TPC with a GF Score™ of 83/100 and a GF Value™ of R35.38 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 379 Packaging & Containers companies, Transpaco ranks better than 67.28% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Transpaco's Gross Profit for the
six
months ended in Dec. 2025 was R367 Mil. Transpaco's Revenue for the
six
months ended in Dec. 2025 was R1,315 Mil. Therefore, Transpaco's Gross Margin % for the quarter that ended in Dec. 2025 was 27.94%.
Warning Sign:
Transpaco Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.9%.
The historical rank and industry rank for Transpaco's Gross Margin % or its related term are showing as below:
JSE:TPC'
s Gross Margin % Range Over the Past 10 Years
Min: 25.98 Med: 30.16 Max: 36.37
Current: 27.75
During the past 13 years, the highestGross Margin % of Transpaco was 36.37%. The lowest was 25.98%. And the median was 30.16%.
JSE:TPC's Gross Margin % is ranked better than 67.28% of 379
companies
in the Packaging & Containers industry
Industry Median: 21.28
vs JSE:TPC: 27.75
Transpaco had a gross margin of 27.94% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Transpaco was -2.90% per year.
Transpaco (JSE:TPC) 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
Transpaco had a gross margin of 27.94% for the quarter that ended in Dec. 2025 => 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.
Transpaco Gross Margin % Related Terms
Transpaco Gross Margin % Historical Data
* Premium members only.
The historical data trend for Transpaco'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.
JSE:TPC vs SW, PKG, AMCR: Gross Margin % Comparison
For the Packaging & Containers subindustry, Transpaco'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.
Transpaco Gross Margin % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Transpaco's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Transpaco'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.
Transpaco (JSE:TPC) has a Gross Margin % of 27.94% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Transpaco and its competitors. This is near median its historical median of 30.16. Over the past decade, Transpaco's Gross Margin % has ranged from 25.98 to 36.37. According to the industry distribution chart, Transpaco ranks #124 out of 379 companies in the Packaging & Containers industry, placing it in the top 32.7%.
Is Transpaco's Gross Margin % too high?
Transpaco's current Gross Margin % of 27.94% is near median its 10-year median of 30.16. Over the past 10 years, this metric has ranged from a low of 25.98 to a high of 36.37. The Packaging & Containers industry median Gross Margin % is 21.28. Transpaco's value of 27.94% is 31.3% above this industry median. Based on the distribution chart, Transpaco ranks #124 out of 379 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Transpaco has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transpaco's Gross Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Transpaco ranks #124 out of 379 companies for Gross Margin %. This puts Transpaco in the upper half of its industry. The industry median Gross Margin % is 21.28. Transpaco's value of 27.94% is 31.3% above this benchmark. Historically, Transpaco's own Gross Margin % has ranged from 25.98 to 36.37 over the past decade. While the company's 10-year median is 30.16 vs. the industry median of 21.28, Transpaco 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 Packaging & Containers company?
The median Gross Margin % among Packaging & Containers companies is 21.28, based on 379 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. Transpaco's current Gross Margin % of 27.94% is 31.3% 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 Transpaco and its competitors. For the Packaging & Containers industry, the median Gross Margin % is 21.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transpaco's current Gross Margin % is 27.94%, which is near median its own 10-year median of 30.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transpaco stock overvalued right now?
Based on GuruFocus' analysis, Transpaco (JSE:TPC) is currently considered Modestly Overvalued. The stock's GF Value™ is R35.38, compared to a current price of R42.00 — trading 18.7% above its estimated fair value. The current Gross Margin % is 27.94%, which is near median its 10-year median of 30.16 and 31.3% above the Packaging & Containers industry median of 21.28. Transpaco's overall GF Score™ is 83/100 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 Transpaco (JSE:TPC), the current Gross Margin % is 27.94% as of Dec. 2025. 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 Transpaco (JSE:TPC) Overvalued in 2026?
Based on GuruFocus' analysis, Transpaco stock appears to be overvalued.
The current stock price of R42.00 is trading 18.7% above its estimated GF Value™ of R35.38.
GuruFocus considers Transpaco to be Modestly Overvalued.
Key valuation signals for JSE:TPC:
Gross Margin %: 27.94% (near median its 10-year median of 30.16)
GF Value™: R35.38 vs. price of R42.00 (18.7% above fair value)
Industry Position: 31.3% above the Packaging & Containers median (#124 of 379)
No single metric tells the full story. See the JSE:TPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transpaco Ltd is a manufacturer, recycler, and distributor of paper and plastic packaging products. It operates in three business segments: Plastics Products, Paper and Board Products, and Property and Group Services. The company generates maximum revenue from the Plastic products segment. Its Plastic products segment manufactures flexible plastic packaging solutions. Some of its products include Retail vest-type plastic bags; Refuse bags; Tubing and sheeting; Scholastic stationery; Heavy duty cores; Yarn cores; Conical containers; Stretch film and others.
83GF Score
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