Pakistan National ShippingKAR:PNSC 81 Gross Margin % is 38.41% as of Mar. 2026, which is 34% above its 10-year median of 28.74. GuruFocus rates KAR:PNSC with a GF Score™ of 81/100 and a GF Value™ of ₨300.41 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 977 Transportation companies, Pakistan National Shipping ranks better than 68.99% on this metric.
Pakistan National Shipping (KAR:PNSC) 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
Pakistan National Shipping had a gross margin of 38.41% 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.
Pakistan National Shipping Gross Margin % Related Terms
Pakistan National Shipping Gross Margin % Historical Data
* 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.
For the Marine Shipping subindustry, Pakistan National Shipping'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.
Pakistan National Shipping Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Pakistan National Shipping's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Pakistan National Shipping'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.
Pakistan National Shipping (KAR:PNSC) has a Gross Margin % of 38.41% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Pakistan National Shipping and its competitors. This is 34% above median its historical median of 28.74. Over the past decade, Pakistan National Shipping's Gross Margin % has ranged from 21.19 to 49.42. According to the industry distribution chart, Pakistan National Shipping ranks #303 out of 977 companies in the Transportation industry, placing it in the top 31%.
Is Pakistan National Shipping's Gross Margin % too high?
Pakistan National Shipping's current Gross Margin % of 38.41% is 34% above median its 10-year median of 28.74. Over the past 10 years, this metric has ranged from a low of 21.19 to a high of 49.42. The Transportation industry median Gross Margin % is 20.42. Pakistan National Shipping's value of 38.41% is 88.1% above this industry median. Based on the distribution chart, Pakistan National Shipping ranks #303 out of 977 companies in the Transportation industry, which is above the industry midpoint. Overall, Pakistan National Shipping has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan National Shipping's Gross Margin % compare to KEX?
According to the Transportation industry distribution chart, Pakistan National Shipping ranks #303 out of 977 companies for Gross Margin %. This puts Pakistan National Shipping in the upper half of its industry. The industry median Gross Margin % is 20.42. Pakistan National Shipping's value of 38.41% is 88.1% above this benchmark. Historically, Pakistan National Shipping's own Gross Margin % has ranged from 21.19 to 49.42 over the past decade. While the company's 10-year median is 28.74 vs. the industry median of 20.42, Pakistan National Shipping 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 977 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. Pakistan National Shipping's current Gross Margin % of 38.41% is 88.1% 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 Pakistan National Shipping and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan National Shipping's current Gross Margin % is 38.41%, which is 34% above median its own 10-year median of 28.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan National Shipping stock overvalued right now?
Based on GuruFocus' analysis, Pakistan National Shipping (KAR:PNSC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨300.41, compared to a current price of ₨613.04 — trading 104.1% above its estimated fair value. The current Gross Margin % is 38.41%, which is 34% above median its 10-year median of 28.74 and 88.1% above the Transportation industry median of 20.42. Pakistan National Shipping's overall GF Score™ is 81/100 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 Pakistan National Shipping (KAR:PNSC), the current Gross Margin % is 38.41% 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 Pakistan National Shipping (KAR:PNSC) Overvalued in 2026?
Based on GuruFocus' analysis, Pakistan National Shipping stock appears to be overvalued.
The current stock price of ₨613.04 is trading 104.1% above its estimated GF Value™ of ₨300.41.
GuruFocus considers Pakistan National Shipping to be Significantly Overvalued.
Key valuation signals for KAR:PNSC:
Gross Margin %: 38.41% (34% above median its 10-year median of 28.74)
GF Value™: ₨300.41 vs. price of ₨613.04 (104.1% above fair value)
Industry Position: 88.1% above the Transportation median (#303 of 977)
No single metric tells the full story. See the KAR:PNSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pakistan National Shipping Corp Ltd, the Holding Company, its subsidiary, and an associate operate in Pakistan's maritime industry. The Group focuses on shipping, vessel chartering, cargo transportation, and property leasing. As the national flag carrier, the company operates a varied fleet, including tankers for energy transport and bulk carriers for transporting a wide range of dry commodities such as iron, fertilizers, coal, and grain. The company also provides comprehensive services such as ocean freight, container shipping, marine and port services, technical support, and leasing solutions. Its key business segments include dry cargo, liquid cargo, and slot charter/break bulk.
81GF Score
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