Trifast (LSE:TRI) Gross Margin %: 31.11% (As of Mar. 2026) — 11% Above Median


LSE:TRI Trifast PLC LSE:TRI
48 GF Score
Price £0.73
GF Value £0.69
Valuation Fairly Valued
! 2 Warning Signs
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What is Trifast Gross Margin %?

Trifast LSE:TRI +1.67% 48 Gross Margin % is 31.11% as of Mar. 2026, which is 11% above its 10-year median of 27.94. GuruFocus rates LSE:TRI with a GF Score™ of 48/100 and a GF Value™ of £0.69 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,996 Industrial Products companies, Trifast ranks better than 56.01% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Trifast's Gross Profit for the six months ended in Mar. 2026 was £31.9 Mil. Trifast's Revenue for the six months ended in Mar. 2026 was £102.5 Mil. Therefore, Trifast's Gross Margin % for the quarter that ended in Mar. 2026 was 31.11%.


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

LSE:TRI' s Gross Margin % Range Over the Past 10 Years
Min: 25.34   Med: 27.94   Max: 31.11
Current: 29.99


During the past 13 years, the highest Gross Margin % of Trifast was 31.11%. The lowest was 25.34%. And the median was 27.94%.

LSE:TRI's Gross Margin % is ranked better than
56.01% of 2996 companies
in the Industrial Products industry
Industry Median: 26.8 vs LSE:TRI: 29.99

Trifast had a gross margin of 31.11% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Trifast was 2.30% per year.


Trifast  (LSE:TRI) 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

Trifast had a gross margin of 31.11% 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.


Trifast Gross Margin % Related Terms


Trifast Gross Margin % Historical Data

* Premium members only.

The historical data trend for Trifast'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.

Trifast Gross Margin % Chart

Trifast Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.73 25.34 25.36 28.35 29.99

Trifast Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.00 27.40 29.34 28.90 31.11

LSE:TRI vs SNA, RBC, LECO: Gross Margin % Comparison

For the Tools & Accessories subindustry, Trifast'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.


Trifast Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Trifast's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Trifast's Gross Margin % falls into.


LSE:TRI
48GF Score
Trifast PLC LSE:TRI
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Trifast Gross Margin % Calculation

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

Trifast's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=62.5 / 208.374
=(Revenue - Cost of Goods Sold) / Revenue
=(208.374 - 145.888) / 208.374
=29.99 %

Trifast'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 )
=31.9 / 102.526
=(Revenue - Cost of Goods Sold) / Revenue
=(102.526 - 70.628) / 102.526
=31.11 %

* 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 31.11% mean?
Trifast (LSE:TRI) has a Gross Margin % of 31.11% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Trifast and its competitors. This is 11% above median its historical median of 27.94. Over the past decade, Trifast's Gross Margin % has ranged from 25.34 to 31.11. According to the industry distribution chart, Trifast ranks #1318 out of 2996 companies in the Industrial Products industry, placing it in the top 44%.
Is Trifast's Gross Margin % too high?
Trifast's current Gross Margin % of 31.11% is 11% above median its 10-year median of 27.94. Over the past 10 years, this metric has ranged from a low of 25.34 to a high of 31.11. The Industrial Products industry median Gross Margin % is 26.80. Trifast's value of 31.11% is 16.1% above this industry median. Based on the distribution chart, Trifast ranks #1318 out of 2996 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Trifast has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trifast's Gross Margin % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Trifast ranks #1318 out of 2996 companies for Gross Margin %. This puts Trifast in the upper half of its industry. The industry median Gross Margin % is 26.80. Trifast's value of 31.11% is 16.1% above this benchmark. Historically, Trifast's own Gross Margin % has ranged from 25.34 to 31.11 over the past decade. While the company's 10-year median is 27.94 vs. the industry median of 26.80, Trifast 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 Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.80, based on 2,996 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. Trifast's current Gross Margin % of 31.11% is 16.1% 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 Trifast and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trifast's current Gross Margin % is 31.11%, which is 11% above median its own 10-year median of 27.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trifast stock overvalued right now?
Based on GuruFocus' analysis, Trifast (LSE:TRI) is currently considered Fairly Valued. The stock's GF Value™ is £0.69, compared to a current price of £0.73 — trading 6.1% above its estimated fair value. The current Gross Margin % is 31.11%, which is 11% above median its 10-year median of 27.94 and 16.1% above the Industrial Products industry median of 26.80. Trifast's overall GF Score™ is 48/100 with 2 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 Trifast (LSE:TRI), the current Gross Margin % is 31.11% 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 Trifast (LSE:TRI) Overvalued in 2026?

Based on GuruFocus' analysis, Trifast stock appears to be overvalued. The current stock price of £0.73 is trading 6.1% above its estimated GF Value™ of £0.69. GuruFocus considers Trifast to be Fairly Valued.

Key valuation signals for LSE:TRI:

  • Gross Margin %: 31.11% (11% above median its 10-year median of 27.94)
  • GF Value™: £0.69 vs. price of £0.73 (6.1% above fair value)
  • GF Score™: 48/100 with 2 warning signs
  • Industry Position: 16.1% above the Industrial Products median (#1318 of 2996)

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


Trifast Business Description

Other Exchanges TRIl:UK25D:Germany
Address Reedswood Park Road, Trifast House, National Distribution Centre, Walsall, West Midlands, GBR, WS2 8DQ
Trifast PLC is engaged in the engineering, manufacturing, and distribution of industrial fastenings and category C components to industrial and retail customers. It serves Electronics, Automotive, Domestic appliances, Distributors, General Industrial, and other sectors. The company's product offerings include screws and bolts, nuts, fasteners, washers, seals, tooling, and driver bits among others. Its geographical segments include the UK and Ireland, Europe, North America, and Asia. It derives a majority of its revenue from the Europe segment, which represents the revenue generated from its business in Sweden, Hungary, Holland, Italy, Germany, and Spain.
48GF Score

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

£0.73
Price
£0.69
GF Value