Secure Electronic Technology (NSA:NSLTECH) Gross Margin %: 6.49% (As of Dec. 2024) — Near Median


NSA:NSLTECH Secure Electronic Technology PLC NSA:NSLTECH
10 GF Score
Price ₦0.76
GF Value ₦0.36
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Secure Electronic Technology Gross Margin %?

Secure Electronic Technology NSA:NSLTECH -5.00% 10 Gross Margin % is 6.49% as of Dec. 2024, which is 2% above its 10-year median of 6.35. GuruFocus rates NSA:NSLTECH with a GF Score™ of 10/100 and a GF Value™ of ₦0.36 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 793 Travel & Leisure companies, Secure Electronic Technology ranks worse than 96.09% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Secure Electronic Technology's Gross Profit for the six months ended in Dec. 2024 was ₦282 Mil. Secure Electronic Technology's Revenue for the six months ended in Dec. 2024 was ₦4,348 Mil. Therefore, Secure Electronic Technology's Gross Margin % for the quarter that ended in Dec. 2024 was 6.49%.


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

NSA:NSLTECH' s Gross Margin % Range Over the Past 10 Years
Min: 4.28   Med: 6.35   Max: 6.7
Current: 6.49


During the past 4 years, the highest Gross Margin % of Secure Electronic Technology was 6.70%. The lowest was 4.28%. And the median was 6.35%.

NSA:NSLTECH's Gross Margin % is ranked worse than
96.09% of 793 companies
in the Travel & Leisure industry
Industry Median: 43.92 vs NSA:NSLTECH: 6.49

Secure Electronic Technology had a gross margin of 6.49% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Secure Electronic Technology was 0.00% per year.


Secure Electronic Technology  (NSA:NSLTECH) 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

Secure Electronic Technology had a gross margin of 6.49% for the quarter that ended in Dec. 2024 => 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.


Secure Electronic Technology Gross Margin % Related Terms


Secure Electronic Technology Gross Margin % Historical Data

* Premium members only.

The historical data trend for Secure Electronic Technology'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.

Secure Electronic Technology Gross Margin % Chart

Secure Electronic Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Gross Margin %
4.28 6.20 6.70 6.49

Secure Electronic Technology Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Gross Margin % 4.28 6.20 6.70 6.49

NSA:NSLTECH vs FLUT, DKNG, SGHC: Gross Margin % Comparison

For the Gambling subindustry, Secure Electronic Technology'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.


Secure Electronic Technology Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Secure Electronic Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Secure Electronic Technology's Gross Margin % falls into.


NSA:NSLTECH
10GF Score
Secure Electronic Technology PLC NSA:NSLTECH
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Secure Electronic Technology Gross Margin % Calculation

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

Secure Electronic Technology'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 )
=282.3 / 4347.604
=(Revenue - Cost of Goods Sold) / Revenue
=(4347.604 - 4065.269) / 4347.604
=6.49 %

Secure Electronic Technology's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=282.3 / 4347.604
=(Revenue - Cost of Goods Sold) / Revenue
=(4347.604 - 4065.269) / 4347.604
=6.49 %

* 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 6.49% mean?
Secure Electronic Technology (NSA:NSLTECH) has a Gross Margin % of 6.49% as of Dec. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Secure Electronic Technology and its competitors. This is near median its historical median of 6.35. Over the past decade, Secure Electronic Technology's Gross Margin % has ranged from 4.28 to 6.70. According to the industry distribution chart, Secure Electronic Technology ranks #762 out of 793 companies in the Travel & Leisure industry, placing it in the top 96.1%.
Is Secure Electronic Technology's Gross Margin % too high?
Secure Electronic Technology's current Gross Margin % of 6.49% is near median its 10-year median of 6.35. Over the past 10 years, this metric has ranged from a low of 4.28 to a high of 6.70. The Travel & Leisure industry median Gross Margin % is 43.92. Secure Electronic Technology's value of 6.49% is 85.2% below this industry median. Based on the distribution chart, Secure Electronic Technology ranks #762 out of 793 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Secure Electronic Technology has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Electronic Technology's Gross Margin % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Secure Electronic Technology ranks #762 out of 793 companies for Gross Margin %. This places Secure Electronic Technology in the lower half of its industry. The industry median Gross Margin % is 43.92. Secure Electronic Technology's value of 6.49% is 85.2% below this benchmark. Historically, Secure Electronic Technology's own Gross Margin % has ranged from 4.28 to 6.70 over the past decade. While the company's 10-year median is 6.35 vs. the industry median of 43.92, Secure Electronic Technology 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.92, based on 793 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. Secure Electronic Technology's current Gross Margin % of 6.49% is 85.2% 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 Secure Electronic Technology and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secure Electronic Technology's current Gross Margin % is 6.49%, which is near median its own 10-year median of 6.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Secure Electronic Technology (NSA:NSLTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦0.36, compared to a current price of ₦0.76 — trading 111.1% above its estimated fair value. The current Gross Margin % is 6.49%, which is near median its 10-year median of 6.35 and 85.2% below the Travel & Leisure industry median of 43.92. Secure Electronic Technology's overall GF Score™ is 10/100 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 Secure Electronic Technology (NSA:NSLTECH), the current Gross Margin % is 6.49% as of Dec. 2024. 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 Secure Electronic Technology (NSA:NSLTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Secure Electronic Technology stock appears to be overvalued. The current stock price of ₦0.76 is trading 111.1% above its estimated GF Value™ of ₦0.36. GuruFocus considers Secure Electronic Technology to be Significantly Overvalued.

Key valuation signals for NSA:NSLTECH:

  • Gross Margin %: 6.49% (near median its 10-year median of 6.35)
  • GF Value™: ₦0.36 vs. price of ₦0.76 (111.1% above fair value)
  • GF Score™: 10/100 with 1 warning sign
  • Industry Position: 85.2% below the Travel & Leisure median (#762 of 793)

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


Secure Electronic Technology Business Description

Address 107, Bamgbose Street, Lagos Island, Lagos, NGA
Secure Electronic Technology PLC is engaged in operating the national lottery in Nigeria. The company's games include 5OF90.
10GF Score

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

₦0.76
Price
₦0.36
GF Value