MacroAsia (PHS:MAC) Gross Margin %: 21.79% (As of Mar. 2026) — Near Median


PHS:MAC MacroAsia Corp PHS:MAC
89 GF Score
Price ₱3.89
GF Value ₱5.65
Valuation Significantly Undervalued
! 5 Warning Signs
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What is MacroAsia Gross Margin %?

MacroAsia PHS:MAC -0.26% 89 Gross Margin % is 21.79% as of Mar. 2026, which is 0% below its 10-year median of 21.86. GuruFocus rates PHS:MAC with a GF Score™ of 89/100 and a GF Value™ of ₱5.65 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 985 Transportation companies, MacroAsia ranks worse than 50.96% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. MacroAsia's Gross Profit for the three months ended in Mar. 2026 was ₱572 Mil. MacroAsia's Revenue for the three months ended in Mar. 2026 was ₱2,626 Mil. Therefore, MacroAsia's Gross Margin % for the quarter that ended in Mar. 2026 was 21.79%.


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

PHS:MAC' s Gross Margin % Range Over the Past 10 Years
Min: -4.74   Med: 21.86   Max: 28.88
Current: 20.19


During the past 13 years, the highest Gross Margin % of MacroAsia was 28.88%. The lowest was -4.74%. And the median was 21.86%.

PHS:MAC's Gross Margin % is ranked worse than
50.96% of 985 companies
in the Transportation industry
Industry Median: 20.42 vs PHS:MAC: 20.19

MacroAsia had a gross margin of 21.79% for the quarter that ended in Mar. 2026 => Competition eroding margins

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


MacroAsia  (PHS:MAC) 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

MacroAsia had a gross margin of 21.79% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


MacroAsia Gross Margin % Related Terms


MacroAsia Gross Margin % Historical Data

* Premium members only.

The historical data trend for MacroAsia'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.

MacroAsia Gross Margin % Chart

MacroAsia 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 -2.12 18.72 21.79 24.71 20.40

MacroAsia 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 22.87 21.80 18.51 18.70 21.79

PHS:MAC vs JOBY: Gross Margin % Comparison

For the Airports & Air Services subindustry, MacroAsia'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.


MacroAsia Gross Margin % vs Transportation Industry

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

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


PHS:MAC
89GF Score
MacroAsia Corp PHS:MAC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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MacroAsia Gross Margin % Calculation

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

MacroAsia'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 )
=2032.2 / 9961.244
=(Revenue - Cost of Goods Sold) / Revenue
=(9961.244 - 7929.091) / 9961.244
=20.40 %

MacroAsia'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 )
=572.2 / 2625.629
=(Revenue - Cost of Goods Sold) / Revenue
=(2625.629 - 2053.459) / 2625.629
=21.79 %

* 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 21.79% mean?
MacroAsia (PHS:MAC) has a Gross Margin % of 21.79% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on MacroAsia and its competitors. This is near median its historical median of 21.86. According to the industry distribution chart, MacroAsia ranks #502 out of 985 companies in the Transportation industry, placing it in the top 51%.
Is MacroAsia's Gross Margin % too high?
MacroAsia's current Gross Margin % of 21.79% is near median its 10-year median of 21.86. The Transportation industry median Gross Margin % is 20.42. MacroAsia's value of 21.79% is 6.7% above this industry median. Based on the distribution chart, MacroAsia ranks #502 out of 985 companies in the Transportation industry, which is below the industry midpoint. Overall, MacroAsia has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MacroAsia's Gross Margin % compare to JOBY?
According to the Transportation industry distribution chart, MacroAsia ranks #502 out of 985 companies for Gross Margin %. This places MacroAsia in the lower half of its industry. The industry median Gross Margin % is 20.42. MacroAsia's value of 21.79% is 6.7% above this benchmark. While the company's 10-year median is 21.86 vs. the industry median of 20.42, MacroAsia 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 985 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. MacroAsia's current Gross Margin % of 21.79% is 6.7% 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 MacroAsia 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. MacroAsia's current Gross Margin % is 21.79%, which is near median its own 10-year median of 21.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MacroAsia stock overvalued right now?
Based on GuruFocus' analysis, MacroAsia (PHS:MAC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱5.65, compared to a current price of ₱3.89 — trading 31.2% below its estimated fair value. The current Gross Margin % is 21.79%, which is near median its 10-year median of 21.86 and 6.7% above the Transportation industry median of 20.42. MacroAsia's overall GF Score™ is 89/100 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 MacroAsia (PHS:MAC), the current Gross Margin % is 21.79% 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 MacroAsia (PHS:MAC) Overvalued in 2026?

Based on GuruFocus' analysis, MacroAsia stock appears to be undervalued. The current stock price of ₱3.89 is trading 31.2% below its estimated GF Value™ of ₱5.65. GuruFocus considers MacroAsia to be Significantly Undervalued.

Key valuation signals for PHS:MAC:

  • Gross Margin %: 21.79% (near median its 10-year median of 21.86)
  • GF Value™: ₱5.65 vs. price of ₱3.89 (31.2% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 6.7% above the Transportation median (#502 of 985)

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


MacroAsia Business Description

Address 112 Aguirre Street, 7th Floor, Ricogen Building, Legazpi Village, Makati City, PHL, 1229
MacroAsia Corp engages in providing aviation-support business at the engaged in aviation-support businesses at the Ninoy Aquino International Airport (NAIA), Manila Domestic Airport (MDA), Mactan-Cebu International Airport (MCIA), Kalibo International Airport (KIA), Davao International Airport, Tuguegarao Airport and the General Aviation Area. Its segments are In-flight and other catering segment which generates key revenue, Ground handling and aviation segment, administrative segment, Mining segment, Water treatment and distribution segment, ICT services, and Maintenance, repairs, and overhaul segment.
89GF Score

Get the complete analysis for PHS:MAC

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

₱3.89
Price
₱5.65
GF Value