We Buy Cars Holding (JSE:WBC) Gross Margin %: 99.48% (As of Mar. 2026) — 633% Above Median


JSE:WBC We Buy Cars Holding Ltd JSE:WBC
18 GF Score
Price R34.15
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What is We Buy Cars Holding Gross Margin %?

We Buy Cars Holding JSE:WBC -1.30% 18 Gross Margin % is 99.48% as of Mar. 2026, which is 633% above its 10-year median of 13.57. GuruFocus rates JSE:WBC with a GF Score™ of 18/100. Among 1,311 Vehicles & Parts companies, We Buy Cars Holding ranks worse than 61.86% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. We Buy Cars Holding's Gross Profit for the six months ended in Mar. 2026 was R14,227 Mil. We Buy Cars Holding's Revenue for the six months ended in Mar. 2026 was R14,302 Mil. Therefore, We Buy Cars Holding's Gross Margin % for the quarter that ended in Mar. 2026 was 99.48%.


The historical rank and industry rank for We Buy Cars Holding's Gross Margin % or its related term are showing as below:

JSE:WBC' s Gross Margin % Range Over the Past 10 Years
Min: 13.39   Med: 13.57   Max: 16.62
Current: 16.62


During the past 4 years, the highest Gross Margin % of We Buy Cars Holding was 16.62%. The lowest was 13.39%. And the median was 13.57%.

JSE:WBC's Gross Margin % is ranked worse than
61.86% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 19.84 vs JSE:WBC: 16.62

We Buy Cars Holding had a gross margin of 99.48% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for We Buy Cars Holding was 0.00% per year.


We Buy Cars Holding  (JSE:WBC) 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

We Buy Cars Holding had a gross margin of 99.48% 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.


We Buy Cars Holding Gross Margin % Related Terms


We Buy Cars Holding Gross Margin % Historical Data

* Premium members only.

The historical data trend for We Buy Cars Holding'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.

We Buy Cars Holding Gross Margin % Chart

We Buy Cars Holding Annual Data
Trend Mar21 Sep23 Sep24 Sep25
Gross Margin %
0.00 13.85 13.57 13.39

We Buy Cars Holding Semi-Annual Data
Mar21 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial 99.57 -68.61 99.53 -71.77 99.48

JSE:WBC vs CVNA, PAG, ALTB: Gross Margin % Comparison

For the Auto & Truck Dealerships subindustry, We Buy Cars Holding'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.


We Buy Cars Holding Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, We Buy Cars Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where We Buy Cars Holding's Gross Margin % falls into.


JSE:WBC
18GF Score
We Buy Cars Holding Ltd JSE:WBC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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We Buy Cars Holding Gross Margin % Calculation

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

We Buy Cars Holding's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=3568.2 / 26656.249
=(Revenue - Cost of Goods Sold) / Revenue
=(26656.249 - 23088.053) / 26656.249
=13.39 %

We Buy Cars Holding'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 )
=14226.5 / 14301.546
=(Revenue - Cost of Goods Sold) / Revenue
=(14301.546 - 75.040000000001) / 14301.546
=99.48 %

* 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 99.48% mean?
We Buy Cars Holding (JSE:WBC) has a Gross Margin % of 99.48% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on We Buy Cars Holding and its competitors. This is 633% above median its historical median of 13.57. Over the past decade, We Buy Cars Holding's Gross Margin % has ranged from 13.39 to 16.62. According to the industry distribution chart, We Buy Cars Holding ranks #811 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 61.9%.
Is We Buy Cars Holding's Gross Margin % too high?
We Buy Cars Holding's current Gross Margin % of 99.48% is 633% above median its 10-year median of 13.57. Over the past 10 years, this metric has ranged from a low of 13.39 to a high of 16.62. The Vehicles & Parts industry median Gross Margin % is 19.84. We Buy Cars Holding's value of 99.48% is 401.4% above this industry median. Based on the distribution chart, We Buy Cars Holding ranks #811 out of 1311 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, We Buy Cars Holding has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does We Buy Cars Holding's Gross Margin % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, We Buy Cars Holding ranks #811 out of 1311 companies for Gross Margin %. This places We Buy Cars Holding in the lower half of its industry. The industry median Gross Margin % is 19.84. We Buy Cars Holding's value of 99.48% is 401.4% above this benchmark. Historically, We Buy Cars Holding's own Gross Margin % has ranged from 13.39 to 16.62 over the past decade. While the company's 10-year median is 13.57 vs. the industry median of 19.84, We Buy Cars Holding 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,311 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. We Buy Cars Holding's current Gross Margin % of 99.48% is 401.4% 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 We Buy Cars Holding and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. We Buy Cars Holding's current Gross Margin % is 99.48%, which is 633% above median its own 10-year median of 13.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is We Buy Cars Holding stock overvalued right now?
We Buy Cars Holding (JSE:WBC) has a current Gross Margin % of 99.48%. The current Gross Margin % is 99.48%, which is 633% above median its 10-year median of 13.57 and 401.4% above the Vehicles & Parts industry median of 19.84. We Buy Cars Holding's overall GF Score™ is 18/100. 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 We Buy Cars Holding (JSE:WBC), the current Gross Margin % is 99.48% 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.

We Buy Cars Holding Business Description

Address 6 Byls Bridge Boulevard, Building 7, Byls Bridge Office Park, Centurion, GT, ZAF, 0046
We Buy Cars Holding Ltd is an automotive retailer focused on buying, reconditioning, and retail sales through both physical supermarkets and its digital platforms. The company's two reportable segments are: i) Buyer, distributor and retailer of pre-owned motor vehicles with the attendant sale of finance and insurance products and other ancillary products. ii) Property rental: Rental of warehouses to group companies. The majority of the company's revenue is derived from the Buyer, distributor and retailer of pre-owned motor vehicles segment.
18GF Score

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R34.15
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