Turners Automotive GroupNZSE:TRA -0.48%40 Gross Margin % is 41.90% as of Mar. 2026, which is 14% below its 10-year median of 48.56. GuruFocus rates NZSE:TRA with a GF Score™ of 40/100 and a GF Value™ of NZ$4.39 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Turners Automotive Group ranks better than 77.63% on this metric.
NZSE:TRA's Gross Margin % is ranked better than 77.63% of 1310
companies
in the Vehicles & Parts industry
Industry Median: 19.835
vs NZSE:TRA: 32.91
Turners Automotive Group had a gross margin of 41.90% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Turners Automotive Group was -8.80% per year.
Turners Automotive Group (NZSE:TRA) 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
Turners Automotive Group had a gross margin of 41.90% 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.
Turners Automotive Group Gross Margin % Related Terms
Turners Automotive Group Gross Margin % Historical Data
* 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.
NZSE:TRA vs CVNA, PAG, ALTB: Gross Margin % Comparison
For the Auto & Truck Dealerships subindustry, Turners Automotive Group'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.
Turners Automotive Group Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Turners Automotive Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Turners Automotive Group'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.
Turners Automotive Group (NZSE:TRA) has a Gross Margin % of 41.90% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Turners Automotive Group and its competitors. This is 14% below median its historical median of 48.56. Over the past decade, Turners Automotive Group's Gross Margin % has ranged from 16.50 to 55.28. According to the industry distribution chart, Turners Automotive Group ranks #293 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 22.4%.
Is Turners Automotive Group's Gross Margin % too high?
Turners Automotive Group's current Gross Margin % of 41.90% is 14% below median its 10-year median of 48.56. Over the past 10 years, this metric has ranged from a low of 16.50 to a high of 55.28. The Vehicles & Parts industry median Gross Margin % is 19.84. Turners Automotive Group's value of 41.90% is 111.2% above this industry median. Based on the distribution chart, Turners Automotive Group ranks #293 out of 1310 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Turners Automotive Group has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turners Automotive Group's Gross Margin % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Turners Automotive Group ranks #293 out of 1310 companies for Gross Margin %. This places Turners Automotive Group in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.84. Turners Automotive Group's value of 41.90% is 111.2% above this benchmark. Historically, Turners Automotive Group's own Gross Margin % has ranged from 16.50 to 55.28 over the past decade. While the company's 10-year median is 48.56 vs. the industry median of 19.84, Turners Automotive Group 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,310 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. Turners Automotive Group's current Gross Margin % of 41.90% is 111.2% 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 Turners Automotive Group and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turners Automotive Group's current Gross Margin % is 41.90%, which is 14% below median its own 10-year median of 48.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turners Automotive Group stock overvalued right now?
Based on GuruFocus' analysis, Turners Automotive Group (NZSE:TRA) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$4.39, compared to a current price of NZ$8.25 — trading 87.9% above its estimated fair value. The current Gross Margin % is 41.90%, which is 14% below median its 10-year median of 48.56 and 111.2% above the Vehicles & Parts industry median of 19.84. Turners Automotive Group's overall GF Score™ is 40/100 with 10 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 Turners Automotive Group (NZSE:TRA), the current Gross Margin % is 41.90% 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 Turners Automotive Group (NZSE:TRA) Overvalued in 2026?
Based on GuruFocus' analysis, Turners Automotive Group stock appears to be overvalued.
The current stock price of NZ$8.25 is trading 87.9% above its estimated GF Value™ of NZ$4.39.
GuruFocus considers Turners Automotive Group to be Significantly Overvalued.
Key valuation signals for NZSE:TRA:
Gross Margin %: 41.90% (14% below median its 10-year median of 48.56)
GF Value™: NZ$4.39 vs. price of NZ$8.25 (87.9% above fair value)
Industry Position: 111.2% above the Vehicles & Parts median (#293 of 1310)
No single metric tells the full story. See the NZSE:TRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turners Automotive Group Ltd, along with its subsidiaries, operates in the following reportable segments: Auto retail, Finance, Insurance, Credit management, and Corporate and other. The majority of its revenue is generated from the Auto retail segment, which is involved in remarketing (motor vehicles, trucks, heavy machinery, and commercial goods) and purchasing goods for sale. The Finance segment provides asset-based finance to consumers and SME's; the Insurance segment is involved in marketing and administration of a range of life and consumer insurance products; and the Credit management segment provides collection services, credit management, and debt recovery services to the corporate and SME sectors. Geographically, the group operates in New Zealand and Australia.
40GF Score
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