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National Petroleum Services Co KSC (KUW:NAPESCO) 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
National Petroleum Services Co KSC had a gross margin of 38.57% 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.
National Petroleum Services Co KSC Gross Margin % Related Terms
National Petroleum Services Co KSC 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.
National Petroleum Services Co KSC Gross Margin % Chart
KUW:NAPESCO vs SLB, BKR, HAL: Gross Margin % Comparison
For the Oil & Gas Equipment & Services subindustry, National Petroleum Services Co KSC'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.
National Petroleum Services Co KSC Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, National Petroleum Services Co KSC's Gross Margin % distribution charts can be found below:
* The bar in red indicates where National Petroleum Services Co KSC'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.
National Petroleum Services Co KSC (KUW:NAPESCO) has a Gross Margin % of 38.57% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on National Petroleum Services Co KSC and its competitors. This is 15% above median its historical median of 33.66. Over the past decade, National Petroleum Services Co KSC's Gross Margin % has ranged from 23.37 to 40.26. According to the industry distribution chart, National Petroleum Services Co KSC ranks #300 out of 870 companies in the Oil & Gas industry, placing it in the top 34.5%.
Is National Petroleum Services Co KSC's Gross Margin % too high?
National Petroleum Services Co KSC's current Gross Margin % of 38.57% is 15% above median its 10-year median of 33.66. Over the past 10 years, this metric has ranged from a low of 23.37 to a high of 40.26. The Oil & Gas industry median Gross Margin % is 25.74. National Petroleum Services Co KSC's value of 38.57% is 49.8% above this industry median. Based on the distribution chart, National Petroleum Services Co KSC ranks #300 out of 870 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, National Petroleum Services Co KSC has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Petroleum Services Co KSC's Gross Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, National Petroleum Services Co KSC ranks #300 out of 870 companies for Gross Margin %. This puts National Petroleum Services Co KSC in the upper half of its industry. The industry median Gross Margin % is 25.74. National Petroleum Services Co KSC's value of 38.57% is 49.8% above this benchmark. Historically, National Petroleum Services Co KSC's own Gross Margin % has ranged from 23.37 to 40.26 over the past decade. While the company's 10-year median is 33.66 vs. the industry median of 25.74, National Petroleum Services Co KSC 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 25.74, based on 870 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. National Petroleum Services Co KSC's current Gross Margin % of 38.57% is 49.8% 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 National Petroleum Services Co KSC and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Petroleum Services Co KSC's current Gross Margin % is 38.57%, which is 15% above median its own 10-year median of 33.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Petroleum Services Co KSC stock overvalued right now?
Based on GuruFocus' analysis, National Petroleum Services Co KSC (KUW:NAPESCO) is currently considered Fairly Valued. The stock's GF Value™ is KWD1.48, compared to a current price of KWD1.48 — trading right at its estimated fair value. The current Gross Margin % is 38.57%, which is 15% above median its 10-year median of 33.66 and 49.8% above the Oil & Gas industry median of 25.74. National Petroleum Services Co KSC's overall GF Score™ is 99/100 with 1 warning sign 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 National Petroleum Services Co KSC (KUW:NAPESCO), the current Gross Margin % is 38.57% 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 National Petroleum Services Co KSC (KUW:NAPESCO) Overvalued in 2026?
Based on GuruFocus' analysis, National Petroleum Services Co KSC stock appears to be undervalued.
The current stock price of KWD1.48 is trading 0% below its estimated GF Value™ of KWD1.48.
GuruFocus considers National Petroleum Services Co KSC to be Fairly Valued.
Key valuation signals for KUW:NAPESCO:
Gross Margin %: 38.57% (15% above median its 10-year median of 33.66)
GF Value™: KWD1.48 vs. price of KWD1.48 (0% below fair value)
Industry Position: 49.8% above the Oil & Gas median (#300 of 870)
No single metric tells the full story. See the KUW:NAPESCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Petroleum Services Co KSC Business Description
National Petroleum Services Co KSC provides oilfield services for the oil and gas industry in Kuwait. The company is engaged in carrying out all support services for wells drilling, repairing, and preparation for production as well as wells maintenance related services. It is also engaged in establishing industrial firms for the purpose of manufacturing and producing the equipment and materials needed for well drilling and repair. There are two segments within which the company operates namely oilfield services and non-oilfield services. The majority of the revenue is mainly from Oil field contracts that include Pumping services, and then Non- oil field contracts that involve supply power and environment, safety services.
99GF Score
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