Grupo TMM (MEX:TMMA) Gross Margin %: 14.90% (As of Mar. 2026) — 37% Below Median

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MEX:TMMA Grupo TMM SA MEX:TMMA
45 GF Score
Price MXN10.00
GF Value MXN4.62
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Grupo TMM Gross Margin %?

Grupo TMM MEX:TMMA 45 Gross Margin % is 14.90% as of Mar. 2026, which is 37% below its 10-year median of 23.54. GuruFocus rates MEX:TMMA with a GF Score™ of 45/100 and a GF Value™ of MXN4.62 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 980 Transportation companies, Grupo TMM ranks better than 74.8% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Grupo TMM's Gross Profit for the three months ended in Mar. 2026 was MXN43 Mil. Grupo TMM's Revenue for the three months ended in Mar. 2026 was MXN291 Mil. Therefore, Grupo TMM's Gross Margin % for the quarter that ended in Mar. 2026 was 14.90%.


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

MEX:TMMA' s Gross Margin % Range Over the Past 10 Years
Min: 15.81   Med: 23.54   Max: 34.17
Current: 34.17


During the past 13 years, the highest Gross Margin % of Grupo TMM was 34.17%. The lowest was 15.81%. And the median was 23.54%.

MEX:TMMA's Gross Margin % is ranked better than
74.8% of 980 companies
in the Transportation industry
Industry Median: 20.4 vs MEX:TMMA: 34.17

Grupo TMM had a gross margin of 14.90% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Grupo TMM was 8.40% per year.


Grupo TMM  (MEX:TMMA) 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

Grupo TMM had a gross margin of 14.90% for the quarter that ended in Mar. 2026 => No sustainable 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.


Grupo TMM Gross Margin % Related Terms


Grupo TMM Gross Margin % Historical Data

* Premium members only.

The historical data trend for Grupo TMM'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.

Grupo TMM Gross Margin % Chart

Grupo TMM Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.87 23.99 16.84 24.53 32.94

Grupo TMM Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 17.87 19.05 21.76 86.68 14.90

MEX:TMMA vs KEX: Gross Margin % Comparison

For the Marine Shipping subindustry, Grupo TMM'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.


Grupo TMM Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Grupo TMM's Gross Margin % distribution charts can be found below:

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


MEX:TMMA
45GF Score
Grupo TMM SA MEX:TMMA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo TMM Gross Margin % Calculation

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

Grupo TMM's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=628.7 / 1908.646
=(Revenue - Cost of Goods Sold) / Revenue
=(1908.646 - 1279.935) / 1908.646
=32.94 %

Grupo TMM'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 )
=43.3 / 290.7
=(Revenue - Cost of Goods Sold) / Revenue
=(290.7 - 247.4) / 290.7
=14.90 %

* 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 14.90% mean?
Grupo TMM (MEX:TMMA) has a Gross Margin % of 14.90% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Grupo TMM and its competitors. This is 37% below median its historical median of 23.54. Over the past decade, Grupo TMM's Gross Margin % has ranged from 15.81 to 34.17. According to the industry distribution chart, Grupo TMM ranks #247 out of 980 companies in the Transportation industry, placing it in the top 25.2%.
Is Grupo TMM's Gross Margin % too high?
Grupo TMM's current Gross Margin % of 14.90% is 37% below median its 10-year median of 23.54. Over the past 10 years, this metric has ranged from a low of 15.81 to a high of 34.17. The Transportation industry median Gross Margin % is 20.40. Grupo TMM's value of 14.90% is 27% below this industry median. Based on the distribution chart, Grupo TMM ranks #247 out of 980 companies in the Transportation industry, which is above the industry midpoint. Overall, Grupo TMM has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grupo TMM's Gross Margin % compare to KEX?
According to the Transportation industry distribution chart, Grupo TMM ranks #247 out of 980 companies for Gross Margin %. This puts Grupo TMM in the upper half of its industry. The industry median Gross Margin % is 20.40. Grupo TMM's value of 14.90% is 27% below this benchmark. Historically, Grupo TMM's own Gross Margin % has ranged from 15.81 to 34.17 over the past decade. While the company's 10-year median is 23.54 vs. the industry median of 20.40, Grupo TMM has consistently been below 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 20.40, based on 980 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. Grupo TMM's current Gross Margin % of 14.90% is 27% below 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 Grupo TMM and its competitors. For the Transportation industry, the median Gross Margin % is 20.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo TMM's current Gross Margin % is 14.90%, which is 37% below median its own 10-year median of 23.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo TMM stock overvalued right now?
Based on GuruFocus' analysis, Grupo TMM (MEX:TMMA) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN4.62, compared to a current price of MXN10.00 — trading 116.5% above its estimated fair value. The current Gross Margin % is 14.90%, which is 37% below median its 10-year median of 23.54 and 27% below the Transportation industry median of 20.40. Grupo TMM's overall GF Score™ is 45/100 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 Grupo TMM (MEX:TMMA), the current Gross Margin % is 14.90% 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 Grupo TMM (MEX:TMMA) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo TMM stock appears to be overvalued. The current stock price of MXN10.00 is trading 116.5% above its estimated GF Value™ of MXN4.62. GuruFocus considers Grupo TMM to be Significantly Overvalued.

Key valuation signals for MEX:TMMA:

  • Gross Margin %: 14.90% (37% below median its 10-year median of 23.54)
  • GF Value™: MXN4.62 vs. price of MXN10.00 (116.5% above fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 27% below the Transportation median (#247 of 980)

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


Grupo TMM Business Description

Other Exchanges GTMAY:USA
Address Convento de Acolman 58-B, Colonia Jardines de Santa Monica, Mexico, MEX, 54050
Grupo TMM SA is an integrated logistics and transportation company in Mexico. It provides dynamic ocean transportation services to various international and domestic clients. The company operates through four segments: the Maritime division, the Maritime Infrastructure division, the Logistics, Ports and terminals division, and the Warehousing division. The Maritime division includes transporting bulk liquid products, materials, provisions for drilling platforms, and ship towing services. The Logistics segment provides trucking services to various manufacturers and retailers. Operations at ports and terminals assist in loading and unloading, storage at maritime port terminals, and shipping agency operations. The warehousing segment includes storage and management of the facilities.
45GF Score

Get the complete analysis for MEX:TMMA

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

MXN10.00
Price
MXN4.62
GF Value