Lafarge Africa (NSA:WAPCO) Gross Margin %: 61.36% (As of Mar. 2026) — 28% Above Median


NSA:WAPCO Lafarge Africa PLC NSA:WAPCO
78 GF Score
Price ₦310.00
GF Value ₦127.00
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Lafarge Africa Gross Margin %?

Lafarge Africa NSA:WAPCO 78 Gross Margin % is 61.36% as of Mar. 2026, which is 28% above its 10-year median of 47.93. GuruFocus rates NSA:WAPCO with a GF Score™ of 78/100 and a GF Value™ of ₦127.00 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 395 Building Materials companies, Lafarge Africa ranks better than 89.62% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Lafarge Africa's Gross Profit for the three months ended in Mar. 2026 was ₦205,490 Mil. Lafarge Africa's Revenue for the three months ended in Mar. 2026 was ₦334,882 Mil. Therefore, Lafarge Africa's Gross Margin % for the quarter that ended in Mar. 2026 was 61.36%.


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

NSA:WAPCO' s Gross Margin % Range Over the Past 10 Years
Min: 16.37   Med: 47.93   Max: 60.71
Current: 60.71


During the past 13 years, the highest Gross Margin % of Lafarge Africa was 60.71%. The lowest was 16.37%. And the median was 47.93%.

NSA:WAPCO's Gross Margin % is ranked better than
89.62% of 395 companies
in the Building Materials industry
Industry Median: 26.18 vs NSA:WAPCO: 60.71

Lafarge Africa had a gross margin of 61.36% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Lafarge Africa was 3.10% per year.


Lafarge Africa  (NSA:WAPCO) 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

Lafarge Africa had a gross margin of 61.36% 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.


Lafarge Africa Gross Margin % Related Terms


Lafarge Africa Gross Margin % Historical Data

* Premium members only.

The historical data trend for Lafarge Africa'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.

Lafarge Africa Gross Margin % Chart

Lafarge Africa 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 48.65 52.57 50.98 49.76 57.90

Lafarge Africa 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 49.52 64.32 60.85 56.41 61.36

NSA:WAPCO vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, Lafarge Africa'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.


Lafarge Africa Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lafarge Africa's Gross Margin % distribution charts can be found below:

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


NSA:WAPCO
78GF Score
Lafarge Africa PLC NSA:WAPCO
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lafarge Africa Gross Margin % Calculation

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

Lafarge Africa'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 )
=617368 / 1066304.773
=(Revenue - Cost of Goods Sold) / Revenue
=(1066304.773 - 448936.726) / 1066304.773
=57.90 %

Lafarge Africa'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 )
=205490.3 / 334882.138
=(Revenue - Cost of Goods Sold) / Revenue
=(334882.138 - 129391.862) / 334882.138
=61.36 %

* 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 61.36% mean?
Lafarge Africa (NSA:WAPCO) has a Gross Margin % of 61.36% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Lafarge Africa and its competitors. This is 28% above median its historical median of 47.93. Over the past decade, Lafarge Africa's Gross Margin % has ranged from 16.37 to 60.71. According to the industry distribution chart, Lafarge Africa ranks #41 out of 395 companies in the Building Materials industry, placing it in the top 10.4%.
Is Lafarge Africa's Gross Margin % too high?
Lafarge Africa's current Gross Margin % of 61.36% is 28% above median its 10-year median of 47.93. Over the past 10 years, this metric has ranged from a low of 16.37 to a high of 60.71. The Building Materials industry median Gross Margin % is 26.18. Lafarge Africa's value of 61.36% is 134.4% above this industry median. Based on the distribution chart, Lafarge Africa ranks #41 out of 395 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Lafarge Africa has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lafarge Africa's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Lafarge Africa ranks #41 out of 395 companies for Gross Margin %. This places Lafarge Africa in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.18. Lafarge Africa's value of 61.36% is 134.4% above this benchmark. Historically, Lafarge Africa's own Gross Margin % has ranged from 16.37 to 60.71 over the past decade. While the company's 10-year median is 47.93 vs. the industry median of 26.18, Lafarge Africa 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 Building Materials company?
The median Gross Margin % among Building Materials companies is 26.18, based on 395 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. Lafarge Africa's current Gross Margin % of 61.36% is 134.4% 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 Lafarge Africa and its competitors. For the Building Materials industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lafarge Africa's current Gross Margin % is 61.36%, which is 28% above median its own 10-year median of 47.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lafarge Africa stock overvalued right now?
Based on GuruFocus' analysis, Lafarge Africa (NSA:WAPCO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦127.00, compared to a current price of ₦310.00 — trading 144.1% above its estimated fair value. The current Gross Margin % is 61.36%, which is 28% above median its 10-year median of 47.93 and 134.4% above the Building Materials industry median of 26.18. Lafarge Africa's overall GF Score™ is 78/100 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 Lafarge Africa (NSA:WAPCO), the current Gross Margin % is 61.36% 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 Lafarge Africa (NSA:WAPCO) Overvalued in 2026?

Based on GuruFocus' analysis, Lafarge Africa stock appears to be overvalued. The current stock price of ₦310.00 is trading 144.1% above its estimated GF Value™ of ₦127.00. GuruFocus considers Lafarge Africa to be Significantly Overvalued.

Key valuation signals for NSA:WAPCO:

  • Gross Margin %: 61.36% (28% above median its 10-year median of 47.93)
  • GF Value™: ₦127.00 vs. price of ₦310.00 (144.1% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 134.4% above the Building Materials median (#41 of 395)

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


Lafarge Africa Business Description

Address No. 27B, Gerrard Road, Ikoyi, Lagos, NGA
Lafarge Africa PLC through its subsidiaries is engaged in manufacturing and marketing of cement, concrete, and aggregates products, including the provision of building solutions. The brands in products portfolio of the company includes ECOPlanet Unicem, Elephant cement, ThermoSet, Watershield, Powermax, and Supaset cement among others. It has two segments Cement & Readymix products. The majority of the revenue is generated from the cement segment.
78GF Score

Get the complete analysis for NSA:WAPCO

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

₦310.00
Price
₦127.00
GF Value