Tortilla Mexican Grill (LSE:MEX) Gross Margin %: 76.97% (As of Jun. 2025) — Near Median


LSE:MEX Tortilla Mexican Grill PLC LSE:MEX
53 GF Score
Price £0.75
GF Value £0.63
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Tortilla Mexican Grill Gross Margin %?

Tortilla Mexican Grill LSE:MEX 53 Gross Margin % is 76.97% as of Jun. 2025, which is 0% above its 10-year median of 76.62. GuruFocus rates LSE:MEX with a GF Score™ of 53/100 and a GF Value™ of £0.63 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 359 Restaurants companies, Tortilla Mexican Grill ranks better than 96.66% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tortilla Mexican Grill's Gross Profit for the six months ended in Jun. 2025 was £27.72 Mil. Tortilla Mexican Grill's Revenue for the six months ended in Jun. 2025 was £36.01 Mil. Therefore, Tortilla Mexican Grill's Gross Margin % for the quarter that ended in Jun. 2025 was 76.97%.


The historical rank and industry rank for Tortilla Mexican Grill's Gross Margin % or its related term are showing as below:

LSE:MEX' s Gross Margin % Range Over the Past 10 Years
Min: 73.92   Med: 76.62   Max: 79.62
Current: 76.32


During the past 7 years, the highest Gross Margin % of Tortilla Mexican Grill was 79.62%. The lowest was 73.92%. And the median was 76.62%.

LSE:MEX's Gross Margin % is ranked better than
96.66% of 359 companies
in the Restaurants industry
Industry Median: 45.71 vs LSE:MEX: 76.32

Tortilla Mexican Grill had a gross margin of 76.97% for the quarter that ended in Jun. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tortilla Mexican Grill was 0.30% per year.


Tortilla Mexican Grill  (LSE:MEX) 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

Tortilla Mexican Grill had a gross margin of 76.97% for the quarter that ended in Jun. 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.


Tortilla Mexican Grill Gross Margin % Related Terms


Tortilla Mexican Grill Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tortilla Mexican Grill'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.

Tortilla Mexican Grill Gross Margin % Chart

Tortilla Mexican Grill Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial 77.43 79.62 76.42 77.34 76.62

Tortilla Mexican Grill Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 76.99 77.68 77.72 75.67 76.97

LSE:MEX vs MCD, SBUX, CMG: Gross Margin % Comparison

For the Restaurants subindustry, Tortilla Mexican Grill'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.


Tortilla Mexican Grill Gross Margin % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tortilla Mexican Grill's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tortilla Mexican Grill's Gross Margin % falls into.


LSE:MEX
53GF Score
Tortilla Mexican Grill PLC LSE:MEX
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tortilla Mexican Grill Gross Margin % Calculation

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

Tortilla Mexican Grill's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=52.1 / 67.999
=(Revenue - Cost of Goods Sold) / Revenue
=(67.999 - 15.899) / 67.999
=76.62 %

Tortilla Mexican Grill's Gross Margin for the quarter that ended in Jun. 2025 is calculated as


Gross Margin % (Q: Jun. 2025 )=Gross Profit (Q: Jun. 2025 ) / Revenue (Q: Jun. 2025 )
=27.7 / 36.01
=(Revenue - Cost of Goods Sold) / Revenue
=(36.01 - 8.293) / 36.01
=76.97 %

* 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 76.97% mean?
Tortilla Mexican Grill (LSE:MEX) has a Gross Margin % of 76.97% as of Jun. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Tortilla Mexican Grill and its competitors. This is near median its historical median of 76.62. Over the past decade, Tortilla Mexican Grill's Gross Margin % has ranged from 73.92 to 79.62. According to the industry distribution chart, Tortilla Mexican Grill ranks #12 out of 359 companies in the Restaurants industry, placing it in the top 3.3%.
Is Tortilla Mexican Grill's Gross Margin % too high?
Tortilla Mexican Grill's current Gross Margin % of 76.97% is near median its 10-year median of 76.62. Over the past 10 years, this metric has ranged from a low of 73.92 to a high of 79.62. The Restaurants industry median Gross Margin % is 45.71. Tortilla Mexican Grill's value of 76.97% is 68.4% above this industry median. Based on the distribution chart, Tortilla Mexican Grill ranks #12 out of 359 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Tortilla Mexican Grill has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tortilla Mexican Grill's Gross Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Tortilla Mexican Grill ranks #12 out of 359 companies for Gross Margin %. This places Tortilla Mexican Grill in the top 3% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 45.71. Tortilla Mexican Grill's value of 76.97% is 68.4% above this benchmark. Historically, Tortilla Mexican Grill's own Gross Margin % has ranged from 73.92 to 79.62 over the past decade. While the company's 10-year median is 76.62 vs. the industry median of 45.71, Tortilla Mexican Grill 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 Restaurants company?
The median Gross Margin % among Restaurants companies is 45.71, based on 359 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. Tortilla Mexican Grill's current Gross Margin % of 76.97% is 68.4% 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 Tortilla Mexican Grill and its competitors. For the Restaurants industry, the median Gross Margin % is 45.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tortilla Mexican Grill's current Gross Margin % is 76.97%, which is near median its own 10-year median of 76.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tortilla Mexican Grill stock overvalued right now?
Based on GuruFocus' analysis, Tortilla Mexican Grill (LSE:MEX) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.63, compared to a current price of £0.75 — trading 18.3% above its estimated fair value. The current Gross Margin % is 76.97%, which is near median its 10-year median of 76.62 and 68.4% above the Restaurants industry median of 45.71. Tortilla Mexican Grill's overall GF Score™ is 53/100 with 4 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 Tortilla Mexican Grill (LSE:MEX), the current Gross Margin % is 76.97% as of Jun. 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 Tortilla Mexican Grill (LSE:MEX) Overvalued in 2026?

Based on GuruFocus' analysis, Tortilla Mexican Grill stock appears to be overvalued. The current stock price of £0.75 is trading 18.3% above its estimated GF Value™ of £0.63. GuruFocus considers Tortilla Mexican Grill to be Modestly Overvalued.

Key valuation signals for LSE:MEX:

  • Gross Margin %: 76.97% (near median its 10-year median of 76.62)
  • GF Value™: £0.63 vs. price of £0.75 (18.3% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 68.4% above the Restaurants median (#12 of 359)

No single metric tells the full story. See the LSE:MEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tortilla Mexican Grill Business Description

Address 142-144 New Cavendish Street, 1st Floor, Evelyn House, London, GBR, W1W 6YF
Tortilla Mexican Grill PLC is a casual Mexican restaurant group in the UK specialising in the sale both on-site and through its delivery channel of freshly made Californian inspired Mexican cuisine.
53GF Score

Get the complete analysis for LSE:MEX

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.75
Price
£0.63
GF Value