Trellidor HoldingsJSE:TRL +4.88%67 Gross Margin % is 41.63% as of Dec. 2025, which is 6% below its 10-year median of 44.23. GuruFocus rates JSE:TRL with a GF Score™ of 67/100 and a GF Value™ of R1.44 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,005 Business Services companies, Trellidor Holdings ranks better than 59.1% on this metric.
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
Trellidor Holdings had a gross margin of 41.63% for the quarter that ended in Dec. 2025 => 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.
Trellidor Holdings Gross Margin % Related Terms
Trellidor Holdings Gross Margin % Historical Data
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The historical data trend for Trellidor Holdings'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:TRL vs ALLE, MSA, ADT: Gross Margin % Comparison
For the Security & Protection Services subindustry, Trellidor Holdings'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.
Trellidor Holdings Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Trellidor Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Trellidor Holdings'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.
Trellidor Holdings (JSE:TRL) has a Gross Margin % of 41.63% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Trellidor Holdings and its competitors. This is near median its historical median of 44.23. Over the past decade, Trellidor Holdings' Gross Margin % has ranged from 38.43 to 50.17. According to the industry distribution chart, Trellidor Holdings ranks #411 out of 1005 companies in the Business Services industry, placing it in the top 40.9%.
Is Trellidor Holdings' Gross Margin % too high?
Trellidor Holdings' current Gross Margin % of 41.63% is near median its 10-year median of 44.23. Over the past 10 years, this metric has ranged from a low of 38.43 to a high of 50.17. The Business Services industry median Gross Margin % is 34.46. Trellidor Holdings' value of 41.63% is 20.8% above this industry median. Based on the distribution chart, Trellidor Holdings ranks #411 out of 1005 companies in the Business Services industry, which is above the industry midpoint. Overall, Trellidor Holdings has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trellidor Holdings' Gross Margin % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Trellidor Holdings ranks #411 out of 1005 companies for Gross Margin %. This puts Trellidor Holdings in the upper half of its industry. The industry median Gross Margin % is 34.46. Trellidor Holdings' value of 41.63% is 20.8% above this benchmark. Historically, Trellidor Holdings' own Gross Margin % has ranged from 38.43 to 50.17 over the past decade. While the company's 10-year median is 44.23 vs. the industry median of 34.46, Trellidor Holdings 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.46, based on 1,005 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. Trellidor Holdings's current Gross Margin % of 41.63% is 20.8% 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 Trellidor Holdings and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trellidor Holdings's current Gross Margin % is 41.63%, which is near median its own 10-year median of 44.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trellidor Holdings stock overvalued right now?
Based on GuruFocus' analysis, Trellidor Holdings (JSE:TRL) is currently considered Modestly Undervalued. The stock's GF Value™ is R1.44, compared to a current price of R1.29 — trading 10.4% below its estimated fair value. The current Gross Margin % is 41.63%, which is near median its 10-year median of 44.23 and 20.8% above the Business Services industry median of 34.46. Trellidor Holdings' overall GF Score™ is 67/100 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 Trellidor Holdings (JSE:TRL), the current Gross Margin % is 41.63% 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 Trellidor Holdings (JSE:TRL) Overvalued in 2026?
Based on GuruFocus' analysis, Trellidor Holdings stock appears to be undervalued.
The current stock price of R1.29 is trading 10.4% below its estimated GF Value™ of R1.44.
GuruFocus considers Trellidor Holdings to be Modestly Undervalued.
Key valuation signals for JSE:TRL:
Gross Margin %: 41.63% (near median its 10-year median of 44.23)
GF Value™: R1.44 vs. price of R1.29 (10.4% below fair value)
Industry Position: 20.8% above the Business Services median (#411 of 1005)
No single metric tells the full story. See the JSE:TRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trellidor Holdings Ltd operates in the security and protection services industry. The group operating segments include Trellidor; and Holdings. Its Trellidor segment is engaged in the manufacture and distribution of custom-made barrier security products. Holdings is engaged in Management of the group treasury function and receives management fee income. It generates maximum revenue from the Trellidor segment. Geographically, it derives a majority of its revenue from South Africa, and also has its presence in Rest of Africa and Rest of the world.
67GF Score
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