BefesaMEX:BFSAN -16.49%75 Gross Margin % is 60.02% as of Mar. 2026, which is 11% above its 10-year median of 54.26. GuruFocus rates MEX:BFSAN with a GF Score™ of 75/100 and a GF Value™ of MXN595.11 (Fairly Valued). The stock has 5 warning signs investors should review. Among 236 Waste Management companies, Befesa ranks better than 88.98% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Befesa's Gross Profit for the
three
months ended in Mar. 2026 was MXN3,569 Mil. Befesa's Revenue for the
three
months ended in Mar. 2026 was MXN5,946 Mil. Therefore, Befesa's Gross Margin % for the quarter that ended in Mar. 2026 was 60.02%.
The historical rank and industry rank for Befesa's Gross Margin % or its related term are showing as below:
MEX:BFSAN'
s Gross Margin % Range Over the Past 10 Years
Min: 48.57 Med: 54.26 Max: 59.63
Current: 59.15
During the past 13 years, the highestGross Margin % of Befesa was 59.63%. The lowest was 48.57%. And the median was 54.26%.
MEX:BFSAN's Gross Margin % is ranked better than 88.98% of 236
companies
in the Waste Management industry
Industry Median: 27.35
vs MEX:BFSAN: 59.15
Befesa had a gross margin of 60.02% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Befesa was -0.50% per year.
Befesa (MEX:BFSAN) 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
Befesa had a gross margin of 60.02% 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.
Befesa Gross Margin % Related Terms
Befesa Gross Margin % Historical Data
* Premium members only.
The historical data trend for Befesa'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.
MEX:BFSAN vs WM, RSG, WCN: Gross Margin % Comparison
For the Waste Management subindustry, Befesa'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.
Befesa Gross Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Befesa's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Befesa'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.
Befesa (MEX:BFSAN) has a Gross Margin % of 60.02% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Befesa and its competitors. This is 11% above median its historical median of 54.26. Over the past decade, Befesa's Gross Margin % has ranged from 48.57 to 59.63. According to the industry distribution chart, Befesa ranks #26 out of 236 companies in the Waste Management industry, placing it in the top 11%.
Is Befesa's Gross Margin % too high?
Befesa's current Gross Margin % of 60.02% is 11% above median its 10-year median of 54.26. Over the past 10 years, this metric has ranged from a low of 48.57 to a high of 59.63. The Waste Management industry median Gross Margin % is 27.35. Befesa's value of 60.02% is 119.5% above this industry median. Based on the distribution chart, Befesa ranks #26 out of 236 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Befesa has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Befesa's Gross Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Befesa ranks #26 out of 236 companies for Gross Margin %. This places Befesa in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 27.35. Befesa's value of 60.02% is 119.5% above this benchmark. Historically, Befesa's own Gross Margin % has ranged from 48.57 to 59.63 over the past decade. While the company's 10-year median is 54.26 vs. the industry median of 27.35, Befesa 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 Waste Management company?
The median Gross Margin % among Waste Management companies is 27.35, based on 236 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. Befesa's current Gross Margin % of 60.02% is 119.5% 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 Befesa and its competitors. For the Waste Management industry, the median Gross Margin % is 27.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Befesa's current Gross Margin % is 60.02%, which is 11% above median its own 10-year median of 54.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Befesa stock overvalued right now?
Based on GuruFocus' analysis, Befesa (MEX:BFSAN) is currently considered Fairly Valued. The stock's GF Value™ is MXN595.11, compared to a current price of MXN600.57 — trading 0.9% above its estimated fair value. The current Gross Margin % is 60.02%, which is 11% above median its 10-year median of 54.26 and 119.5% above the Waste Management industry median of 27.35. Befesa's overall GF Score™ is 75/100 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 Befesa (MEX:BFSAN), the current Gross Margin % is 60.02% 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 Befesa (MEX:BFSAN) Overvalued in 2026?
Based on GuruFocus' analysis, Befesa stock appears to be overvalued.
The current stock price of MXN600.57 is trading 0.9% above its estimated GF Value™ of MXN595.11.
GuruFocus considers Befesa to be Fairly Valued.
Key valuation signals for MEX:BFSAN:
Gross Margin %: 60.02% (11% above median its 10-year median of 54.26)
GF Value™: MXN595.11 vs. price of MXN600.57 (0.9% above fair value)
Industry Position: 119.5% above the Waste Management median (#26 of 236)
No single metric tells the full story. See the MEX:BFSAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Befesa SA provides sustainable services for the recycling of hazardous residues from the Steel & Aluminium industry. It operates in two business segments: Steel dust recycling services & Aluminum salt slags recycling services. In the Steel Dust Recycling segment, the company collects & recycles steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel. The Aluminum Salt Slags recycling services are divided into salt slags & secondary aluminum segments. Its secondary aluminum operations include the collection and recycling of aluminum scrap and other aluminum residues. Geographically, it generates the majority of its revenue from Spain, and also has a presence in Germany, Belgium, Finland, the Netherlands, Italy, France, and other countries.
75GF Score
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