The historical rank and industry rank for South Port New Zealand's Gross Margin % or its related term are showing as below:
NZSE:SPN's Gross Margin % is not ranked *
in the Transportation industry.
Industry Median: 20.42 * Ranked among companies with meaningful Gross Margin % only.
South Port New Zealand had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for South Port New Zealand was 0.00% per year.
South Port New Zealand (NZSE:SPN) 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
South Port New Zealand had a gross margin of N/A% for the quarter that ended in Dec. 2025 => 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.
South Port New Zealand Gross Margin % Related Terms
South Port New Zealand Gross Margin % Historical Data
* Premium members only.
The historical data trend for South Port New Zealand'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.
For the Marine Shipping subindustry, South Port New Zealand'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.
South Port New Zealand Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, South Port New Zealand's Gross Margin % distribution charts can be found below:
* The bar in red indicates where South Port New Zealand'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.
South Port New Zealand (NZSE:SPN) has a Gross Margin % of 0.00% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on South Port New Zealand and its competitors. According to the industry distribution chart, South Port New Zealand ranks #999999 out of 977 companies in the Transportation industry.
Is South Port New Zealand's Gross Margin % too high?
South Port New Zealand's current Gross Margin % is 0.00%. Based on the distribution chart, South Port New Zealand ranks #999999 out of 977 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, South Port New Zealand has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does South Port New Zealand's Gross Margin % compare to KEX?
According to the Transportation industry distribution chart, South Port New Zealand ranks #999999 out of 977 companies for Gross Margin %. This places South Port New Zealand in the lower half of its industry. The industry median Gross Margin % is 20.42. 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 20.42, based on 977 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. 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 South Port New Zealand and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Port New Zealand's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Port New Zealand stock overvalued right now?
Based on GuruFocus' analysis, South Port New Zealand (NZSE:SPN) is currently considered Fairly Valued. The stock's GF Value™ is NZ$8.41, compared to a current price of NZ$8.36 — trading 0.6% below its estimated fair value. The current Gross Margin % is 0.00%. South Port New Zealand's overall GF Score™ is 96/100 with 7 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 South Port New Zealand (NZSE:SPN), the current Gross Margin % is 0.00% as of Dec. 2025. 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 South Port New Zealand (NZSE:SPN) Overvalued in 2026?
Based on GuruFocus' analysis, South Port New Zealand stock appears to be undervalued.
The current stock price of NZ$8.36 is trading 0.6% below its estimated GF Value™ of NZ$8.41.
GuruFocus considers South Port New Zealand to be Fairly Valued.
Key valuation signals for NZSE:SPN:
Gross Margin %: 0.00%
GF Value™: NZ$8.41 vs. price of NZ$8.36 (0.6% below fair value)
No single metric tells the full story. See the NZSE:SPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
South Port New Zealand Ltd offers a wide range of marine services, cargo and container shipping, and on-site warehousing for domestic and international customers. It serves key export and import industries in the Southland region, including aluminium, timber, fisheries, dairy, meat, wood chips, stock food, cement, alumina, fertiliser, and petroleum products. South Port is publicly listed on the New Zealand Stock Exchange and is majority-owned by Environment Southland. It also operates an intermodal freight center to facilitate efficient product distribution within the Southland and Otago regions. The majority of revenue comes from the Cargo and logistics services.
96GF Score
Get the complete analysis for NZSE:SPN
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NZSE:SPN has been successfully added to your 
